Common use of PROCEDURE FOR INDEMNIFICATION--THIRD PARTY CLAIMS Clause in Contracts

PROCEDURE FOR INDEMNIFICATION--THIRD PARTY CLAIMS. (a) Promptly after receipt by an indemnified party under Section 11.1 or 11.2 of notice of the commencement of any proceeding ("Proceeding") against it by a third party, such indemnified party shall, if a claim is to be made against an indemnifying party under such Sections, give notice to the indemnifying party of the commencement of such Proceeding, but the failure to notify the indemnifying party does not relieve the indemnifying party of any liability that it may have to any indemnified party, except to the extent that the indemnifying party demonstrates that the defense of such action is prejudiced by the indemnified party's failure to give such notice.

Appears in 2 contracts

Samples: Supply Agreement (Cytomedix Inc), Form of Supply Agreement (Cytomedix Inc)

AutoNDA by SimpleDocs

PROCEDURE FOR INDEMNIFICATION--THIRD PARTY CLAIMS. (ai) Promptly after receipt by an indemnified party under Section 11.1 5.7(b) or 11.2 5.7(c) of notice of the commencement of any proceeding ("Proceeding") Proceeding against it by a third partyit, such indemnified party shallwill, if a claim is to be made against an indemnifying party under such SectionsSection, give notice to the indemnifying party of the commencement of such Proceedingclaim, but the failure to notify the indemnifying party does will not relieve the indemnifying party of any liability that it may have to any indemnified party, except to the extent that the indemnifying party demonstrates that the defense of such action is prejudiced by the indemnified indemnifying party's failure to give such notice.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Santander Bancorp), Stock Purchase Agreement (Santander Bancorp)

PROCEDURE FOR INDEMNIFICATION--THIRD PARTY CLAIMS. (a) Promptly after receipt by an indemnified party under Section 11.1 12.2 or 11.2 12.3 of notice of the commencement of any proceeding ("Proceeding") Proceeding against it by a third partyit, such indemnified party shallwill, if a claim is to be made against an indemnifying party under such SectionsSection, give notice to the indemnifying party of the commencement of such Proceedingclaim, but the failure to notify the indemnifying party does will not relieve the indemnifying party of any liability that it may have to any indemnified party, except to the extent that the indemnifying party demonstrates that the defense of such action is prejudiced by the indemnified indemnifying party's failure to give such notice.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Top Air Manufacturing Inc), Asset Purchase Agreement (Owosso Corp)

PROCEDURE FOR INDEMNIFICATION--THIRD PARTY CLAIMS. (a) Promptly after receipt by an indemnified party under Section 11.1 10.2, or 11.2 Section 10.3 of notice of the commencement of any proceeding ("Proceeding") Proceeding against it by a third partyit, such indemnified party shallwill, if a claim is to be made against an indemnifying party under such SectionsSection, give notice to the indemnifying party of the commencement of such Proceedingclaim, but the failure to notify the indemnifying party does will not relieve the indemnifying party of any liability that it may have to any indemnified party, except to the extent that the indemnifying party demonstrates that the defense of such action is prejudiced by the indemnified indemnifying party's ’s failure to give such notice.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Aduddell Industries Inc), Agreement and Plan of Merger (Aduddell Industries Inc)

PROCEDURE FOR INDEMNIFICATION--THIRD PARTY CLAIMS. (a) Promptly after receipt by an indemnified party under Section 11.1 or 11.2 paragraph 6 of notice of the commencement of any proceeding ("Proceeding") Proceeding against it by a third partyit, such indemnified party shallwill, if a claim is to be made against an indemnifying party under such Sectionsparagraph, give notice to the indemnifying party of the commencement of such Proceedingclaim, but the failure to notify the indemnifying party does will not relieve the indemnifying party of any liability that it may have to any indemnified party, except to the extent that the indemnifying party demonstrates that the defense of such action is prejudiced by the indemnified party's failure to give such notice.

Appears in 2 contracts

Samples: Settlement Agreement (Innovative Software Technologies Inc), Settlement Agreement (Innovative Software Technologies Inc)

PROCEDURE FOR INDEMNIFICATION--THIRD PARTY CLAIMS. (a) Promptly after receipt by an indemnified party under Section 11.1 11.2 or 11.2 11.3 of notice of the commencement of any proceeding ("Proceeding") Proceeding against it by a third partyit, such indemnified party shallwill, if a claim is to be made against an indemnifying party under such SectionsSection, give notice to the indemnifying party of the commencement of such Proceeding, but the failure to notify the indemnifying party does will not relieve the indemnifying party of any liability that it may have to any indemnified party, except to the extent that the indemnifying party demonstrates that the defense of such action is prejudiced by the indemnified party's failure to give such notice.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Cytomedix Inc), Asset Purchase Agreement (Cytomedix Inc)

PROCEDURE FOR INDEMNIFICATION--THIRD PARTY CLAIMS. (a) Promptly after receipt by an a party indemnified party under Section 11.1 12.1, 12.2 or 11.2 12.3 of notice of the commencement of any proceeding ("Proceeding") Proceeding against it by a third partyit, such any indemnified party shallwill, if a claim is to be made against an indemnifying party under such SectionsSection, give notice to the indemnifying party of the commencement of such Proceedingclaim, but the failure to notify the indemnifying party does will not relieve the indemnifying party of any liability that it may have to any indemnified party, except to the extent that the indemnifying party demonstrates that the defense of such action is prejudiced by the indemnified party's ’s failure to give such notice.

Appears in 2 contracts

Samples: Interest Purchase Agreement (Scripps E W Co /De), Interest Purchase Agreement (Iconix Brand Group, Inc.)

PROCEDURE FOR INDEMNIFICATION--THIRD PARTY CLAIMS. (a) Promptly after receipt by an indemnified party under Section 11.1 or 11.2 of notice of the commencement of any proceeding ("Proceeding") Proceeding against it by a third partyit, such indemnified party shallwill, if a claim is to be made against an indemnifying party under such SectionsSection, give notice to the indemnifying party of the commencement of such Proceedingclaim, but the failure to notify the indemnifying party does will not relieve the indemnifying party of any liability that it may have to any indemnified party, except to the extent that the indemnifying party demonstrates that the defense of such action is prejudiced by the indemnified party's failure to give such notice.

Appears in 2 contracts

Samples: Acquisition Agreement (Production Resource Group LLC), Acquisition Agreement (Production Resource Group LLC)

PROCEDURE FOR INDEMNIFICATION--THIRD PARTY CLAIMS. (ai) Promptly after receipt by an indemnified party under Section 11.1 10.1(a) or 11.2 Section 10.1(b) of notice of the commencement of any proceeding ("Proceeding") against it by a third partyit, such indemnified party shallwill, if a claim is to be made against an indemnifying party under such SectionsSection, give notice to the indemnifying party of the commencement of such Proceedingclaim, but the failure to notify the indemnifying party does will not relieve the indemnifying party of any liability Liability that it may have to any indemnified party, except to the extent that the indemnifying party demonstrates that the defense of such action is prejudiced by the indemnified indemnifying party's ’s failure to give such notice.

Appears in 2 contracts

Samples: Escrow Agreement (Tortoise Capital Resources Corp), Escrow Agreement (James River Coal CO)

PROCEDURE FOR INDEMNIFICATION--THIRD PARTY CLAIMS. (a) Promptly Within a reasonable time after receipt by an indemnified party under Section 11.1 or 11.2 of notice of the commencement of any proceeding ("Proceeding") Proceeding against it by a third partyan indemnified party under Section 5.1 or Section 5.2, such indemnified party shallwill, if a claim is to be made against an indemnifying party under such Sectionsparty, give notice to the indemnifying party of the commencement of such Proceedingclaim, but the failure to notify the indemnifying party does will not relieve the indemnifying party of any liability that it may have to any indemnified party, except to the extent that it is fully and finally adjudicated in an appropriate Proceeding, based on evidence and the indemnifying party demonstrates law, that the defense of such action is prejudiced by the indemnified indemnifying party's ’s failure to give such notice.

Appears in 2 contracts

Samples: Stock Purchase Agreement (World Acceptance Corp), Stock Purchase Agreement (World Acceptance Corp)

PROCEDURE FOR INDEMNIFICATION--THIRD PARTY CLAIMS. (a) Promptly after receipt by an indemnified party under Section 11.1 11.2 or 11.2 11.3 of notice of the commencement of any proceeding ("Proceeding") Proceeding against it by a third partyit, such indemnified party shall, if a claim is to be made against an indemnifying party under such SectionsSection, give notice to the indemnifying indemni-fying party of the commencement of such Proceedingclaim, but the failure to notify the indemnifying party does shall not relieve the indemnifying party of any liability that it may have to any indemnified party, except to the extent that the indemnifying party demonstrates that the defense of such action is prejudiced by the indemnified indemnifying party's ’s failure to give such notice.

Appears in 2 contracts

Samples: Asset Purchase Agreement (mCig, Inc.), Asset Purchase Agreement (Stony Hill Corp.)

PROCEDURE FOR INDEMNIFICATION--THIRD PARTY CLAIMS. (a) Promptly after receipt by an indemnified party under Section 11.1 SECTION 9.02 or 11.2 9.03 of notice of the commencement of any proceeding ("Proceeding") Proceeding against it by a third partyit, such indemnified party shallwill, if a claim is to be made against an indemnifying party under such Sectionssection, give notice to the indemnifying party of the commencement of such Proceedingclaim, but the failure to notify the indemnifying party does will not relieve the indemnifying party of any liability that it may have to any indemnified party, except to the extent that the indemnifying party demonstrates that the defense of such action is prejudiced by the indemnified indemnifying party's failure to give receive such notice.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Vision Twenty One Inc), 1 Asset Purchase Agreement (Eye Care Centers of America Inc)

PROCEDURE FOR INDEMNIFICATION--THIRD PARTY CLAIMS. (a) Promptly after receipt by an indemnified party under Section 11.1 12.2, 12.3 or 11.2 12.4, of notice of the commencement of any proceeding ("Proceeding") Proceeding against it by a third partyit, such indemnified party shallwill, if a claim is to be made against an indemnifying party under such SectionsSection, give notice to the indemnifying party of the commencement of such Proceedingclaim, but the failure to notify the indemnifying party does will not relieve the indemnifying party of any liability that it may have to any indemnified party, except to the extent that the indemnifying party demonstrates that the defense of such action is prejudiced by the indemnified indemnifying party's failure to give such notice.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Shaw Industries Inc), Agreement and Plan of Merger (Saul Julian)

PROCEDURE FOR INDEMNIFICATION--THIRD PARTY CLAIMS. (a) Promptly after receipt by an indemnified party under Indemnified Person described in Section 11.1 8.2 or 11.2 8.3 of notice of the commencement of any proceeding Proceeding against it, including reasonable details as to the basis for such claim ("Proceeding") against it by a third partyto the extent within the Knowledge of the Indemnified Person), such indemnified party shallIndemnified Person will, if a claim is to be made against an indemnifying party under such SectionsSection, give notice to the indemnifying party of the commencement of such Proceedingclaim, but the failure to notify the indemnifying party does will not relieve the indemnifying party of any liability that it may have to any indemnified partyIndemnified Person, except to the extent that the indemnifying party demonstrates that the defense of such action is prejudiced by the indemnified partyIndemnified Person's failure to give such notice.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Crown Acquisition Partners LLC), Securities Purchase Agreement (Equity Marketing Inc)

PROCEDURE FOR INDEMNIFICATION--THIRD PARTY CLAIMS. (a) Promptly after receipt by an indemnified party under this Section 11.1 or 11.2 6.14 of notice of the commencement of any proceeding ("Proceeding") Proceeding against it by a third partyit, such indemnified party shallwill, if a claim is to be made against an indemnifying party under such SectionsSection, give notice to the indemnifying party of the commencement of such Proceedingclaim, but the failure to notify the indemnifying party does will not relieve the indemnifying party of any liability that it may have to any indemnified party, except to the extent that the indemnifying party demonstrates that the defense of such action is prejudiced by the indemnified indemnifying party's ’s failure to give such notice.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Drugmax Inc)

PROCEDURE FOR INDEMNIFICATION--THIRD PARTY CLAIMS. (a) Promptly after receipt by an indemnified party under Section 11.1 Sections 11.2 or 11.2 11.3 of notice of the commencement of any proceeding ("Proceeding") Proceeding against it by a third partyit, such indemnified party shallwill, if a claim is to be made against an indemnifying party under such SectionsSection, give notice to the indemnifying party of the commencement of such Proceedingclaim, but the failure to notify the indemnifying party does will not relieve the indemnifying party of any liability that it may have to any indemnified party, except to the extent that the indemnifying party demonstrates that the defense of such action is prejudiced by the indemnified party's ’s failure to give such notice. Holding Company shall be deemed to have received notice under Section 11.2 of all Proceedings and matters referred to in Part 3.15 of the Disclosure Schedule.

Appears in 1 contract

Samples: Stock Purchase Agreement (Pepsiamericas Inc/Il/)

PROCEDURE FOR INDEMNIFICATION--THIRD PARTY CLAIMS. (a) Promptly after receipt by an indemnified party under Section 11.1 Articles 10.2, or 11.2 10.3 of notice of the commencement of any proceeding ("Proceeding") Proceeding against it by a third partyit, such indemnified party shallwill, if a claim is to be made against an indemnifying party under such SectionsArticle, give notice to the indemnifying party of the commencement of such Proceedingclaim, but the failure to notify the indemnifying party does will not relieve the indemnifying party of any liability that it may have to any indemnified party, except to the extent that the indemnifying party demonstrates that the defense of such action is prejudiced by the indemnified indemnifying party's failure to give such notice.

Appears in 1 contract

Samples: Stock Purchase Agreement (Astec Industries Inc)

PROCEDURE FOR INDEMNIFICATION--THIRD PARTY CLAIMS. (a) 10.6.1. Promptly after receipt by an indemnified party under Section 11.1 10.2 or 11.2 10.3 of notice of the commencement of any proceeding ("Proceeding") Proceeding against it by a third partyit, such indemnified party shallwill, if a claim is to be made against an indemnifying party under such SectionsSection, give notice to the indemnifying party of the commencement of such Proceedingclaim, but the failure to notify the indemnifying party does will not relieve the indemnifying party of any liability that it may have to any indemnified party, except to the extent that the indemnifying party demonstrates that the defense of such action is prejudiced by the indemnified indemnifying party's ’s failure to give such notice.

Appears in 1 contract

Samples: Share Purchase Agreement (Sandisk Corp)

PROCEDURE FOR INDEMNIFICATION--THIRD PARTY CLAIMS. (a) Promptly after receipt by an indemnified party under Section 11.1 or 11.2 Article VII of notice of the commencement of any proceeding ("Proceeding") Proceeding against it by a third partyit, such indemnified party shallwill, if a claim is to be made against an indemnifying party under such SectionsArticle, give notice to the indemnifying party of the commencement of such Proceedingclaim, but the failure to notify the indemnifying party does will not relieve the indemnifying party of any liability that it may have to any indemnified party, except to the extent that the indemnifying party demonstrates that the defense of such action is prejudiced by the indemnified indemnifying party's ’s failure to give such notice.

Appears in 1 contract

Samples: Asset Purchase Agreement (Emrise CORP)

PROCEDURE FOR INDEMNIFICATION--THIRD PARTY CLAIMS. (a) Promptly after receipt by an indemnified party under Section 11.1 or 11.2 of notice of the commencement of any proceeding ("Proceeding") Proceeding against it by a third party, such indemnified party shallwill, if a claim is to be made against an indemnifying party 50 under such SectionsSection, give notice to the indemnifying party of the commencement of such Proceedingclaim, but the failure to notify the indemnifying party does will not relieve the indemnifying party of any liability that it may have to any indemnified party, except to the extent that the indemnifying party demonstrates that the defense of such action is prejudiced by the indemnified party's failure to give such notice.

Appears in 1 contract

Samples: Acquisition Agreement (Production Resource Group LLC)

PROCEDURE FOR INDEMNIFICATION--THIRD PARTY CLAIMS. (a) Promptly after receipt by an indemnified party under Section 11.1 or 11.2 Sections 10.2 - 10.6 of notice of the commencement of any proceeding ("Proceeding") Proceeding against it by a third partyit, such indemnified party shallwill, if a claim is to be made against an indemnifying party under such SectionsSection, give notice to the indemnifying party of the commencement of such Proceedingclaim, but the failure to notify the indemnifying party does will not relieve the indemnifying party of any liability that it may have to any indemnified party, except to the extent that the indemnifying party demonstrates that the defense of such action is prejudiced by the indemnified indemnifying party's ’s failure to give such notice.

Appears in 1 contract

Samples: Membership Interest Purchase Agreement (Pw Eagle Inc)

PROCEDURE FOR INDEMNIFICATION--THIRD PARTY CLAIMS. (a) Promptly after receipt by an indemnified party under Section 11.1 11.2 or 11.2 11.3 of notice of the commencement of any proceeding ("Proceeding") Proceeding against it by a third partyit, such indemnified party shallwill, if a claim is to be made against an indemnifying party under such SectionsSection, give notice to the indemnifying party of the commencement of such Proceedingclaim, but the failure to notify the indemnifying party does will not relieve 14 16 the indemnifying party of any liability that it may have to any indemnified party, except to the extent that the indemnifying party demonstrates that the defense of such action is prejudiced by the indemnified indemnifying party's failure to give such notice.

Appears in 1 contract

Samples: Technology Purchase Agreement (Svi Holdings Inc)

PROCEDURE FOR INDEMNIFICATION--THIRD PARTY CLAIMS. (a) Promptly after receipt by an indemnified party under Section 11.1 or 11.2 Indemnified Party of notice of the commencement of any proceeding ("Proceeding") against it by a third party, such indemnified party shallIndemnified Party will, if a claim is to be made against an indemnifying party under such Sectionspursuant to this Article 10, give notice to the indemnifying party of the commencement of such the Proceeding, but the failure to notify the indemnifying party does will not relieve the indemnifying party of any liability that it may have to any indemnified partythe Indemnified Party, except to the extent that the indemnifying party demonstrates that the defense of such action is prejudiced by the indemnified party's Indemnified Party’s failure to give provide such timely notice.

Appears in 1 contract

Samples: Asset Purchase Agreement

PROCEDURE FOR INDEMNIFICATION--THIRD PARTY CLAIMS. (a) Promptly after receipt by an indemnified party under Section 11.1 11.2 or 11.2 11.3, of notice of the commencement of any proceeding ("Proceeding") Proceeding against it by a third partyit, such indemnified party shallwill, if a claim is to be made against an indemnifying party under such SectionsSection, give notice to the indemnifying party of the commencement of such Proceedingclaim (notice to the Sellers shall be adequate if given to the Sellers’ Representative), but the failure to notify the indemnifying party does will not relieve the indemnifying party of any liability that it may have to any indemnified party, except to the extent that the indemnifying party demonstrates that the defense of such action is prejudiced by the indemnified indemnifying party's ’s failure to give such notice.

Appears in 1 contract

Samples: Stock Purchase Agreement (Peak Resorts Inc)

PROCEDURE FOR INDEMNIFICATION--THIRD PARTY CLAIMS. (a) 10.6.1. Promptly after receipt by an indemnified party under Section 11.1 10.2 or 11.2 10.3 of notice of the commencement of any proceeding ("Proceeding") Proceeding against it by a third partyit, such indemnified party shallwill, if a claim is to be made against an indemnifying party under such SectionsSection, give notice to the indemnifying party of the commencement of such Proceedingclaim, but the failure to notify the indemnifying party does will not relieve the indemnifying party of any liability that it may have to any indemnified party, except to the extent that the indemnifying party demonstrates that the defense of such action is prejudiced by the indemnified indemnifying party's failure to give such notice.

Appears in 1 contract

Samples: Share Purchase Agreement (Alliance Semiconductor Corp /De/)

PROCEDURE FOR INDEMNIFICATION--THIRD PARTY CLAIMS. (a) Promptly after receipt by an indemnified party under Section 11.1 Sections 10.2 or 11.2 10.3 of notice of the commencement of any proceeding ("Proceeding") Proceeding against it by a third partyit, such indemnified party shallwill, if a claim is to be made against an indemnifying party under such SectionsSection, give notice to the indemnifying party of the commencement of such Proceedingclaim, but the failure to notify the indemnifying party does will not relieve the indemnifying party of any liability that it may have to any indemnified party, except to the extent that the indemnifying party demonstrates that the defense of such action is prejudiced by the indemnified party's ’s failure to give such notice.

Appears in 1 contract

Samples: Stock Purchase Agreement (Quiksilver Inc)

PROCEDURE FOR INDEMNIFICATION--THIRD PARTY CLAIMS. (a) Promptly after receipt by an indemnified party under Section 11.1 Sections 9.2, or 11.2 9.3 of notice of the commencement of any proceeding ("Proceeding") Proceeding against it by a third partyit, such indemnified party shallwill, if a claim is to be made against an indemnifying party under such SectionsSection, give notice to the indemnifying party of the commencement of such Proceedingclaim, but the failure to notify the indemnifying party does will not relieve the indemnifying party of any liability that it may have to any indemnified party, except to the extent that the indemnifying party demonstrates that the defense of such action is prejudiced by the indemnified indemnifying party's ’s failure to give such notice.

Appears in 1 contract

Samples: Asset Purchase Agreement (Mastec Inc)

PROCEDURE FOR INDEMNIFICATION--THIRD PARTY CLAIMS. (a) Promptly after receipt by an indemnified party under Section 11.1 or 11.2 in this Article 11 of notice of the commencement of any proceeding ("Proceeding") Proceeding against it by a third partyit, such indemnified party shallwill, if a claim is to be made against an indemnifying party under such Sectionsarticle, give notice to the indemnifying party of the commencement of such Proceedingclaim, but the failure to notify the indemnifying party does will not relieve the indemnifying party of any liability that it may have to any indemnified party, except to the extent that the indemnifying party demonstrates that the defense of such action is prejudiced by the indemnified party's failure to give such notice.

Appears in 1 contract

Samples: Asset Purchase Agreement (Entravision Communications Corp)

PROCEDURE FOR INDEMNIFICATION--THIRD PARTY CLAIMS. (a) Promptly after receipt by an indemnified party person under Section 11.1 or 11.2 13.1 of notice of the commencement of any proceeding ("Proceeding") a claim against it by (a third party"Claim"), such the indemnified party shallperson will, if a claim is to be made against an indemnifying party under such SectionsSection, give notice to the indemnifying party of the commencement of such ProceedingClaim, but the failure to notify the indemnifying party does will not relieve the indemnifying party of any liability that it may have to any indemnified partyperson, except to the extent that the indemnifying party demonstrates that the defense of such action is prejudiced by the indemnified partyperson's failure to give such notice.

Appears in 1 contract

Samples: Stock Purchase Agreement (US Energy Initiatives CORP)

PROCEDURE FOR INDEMNIFICATION--THIRD PARTY CLAIMS. (a1) Promptly after receipt by an indemnified party under Section 11.1 or 11.2 of notice of the commencement of any proceeding ("Proceeding") Proceeding against it by a third partyit, such indemnified party shall, if a claim is to be made against an indemnifying party under such Sectionsparty, give notice to the indemnifying party of the commencement of such Proceedingclaim, but the failure to notify the indemnifying party does shall not relieve the indemnifying party of any liability that it may have to any indemnified party, except to the extent that the indemnifying party demonstrates that the defense of such action is was actually prejudiced by the indemnified indemnifying party's ’s failure to give such notice.

Appears in 1 contract

Samples: Membership Interest Purchase Agreement (Mastec Inc)

PROCEDURE FOR INDEMNIFICATION--THIRD PARTY CLAIMS. (a) Promptly after receipt by an indemnified party under Section 11.1 Sections 11.2, 11.3 or 11.2 11.4 of notice of the commencement of any proceeding ("Proceeding") Proceeding against it by a third partyit, such indemnified party shallwill, if a claim is to be made against an indemnifying party under such SectionsSection, give notice to the indemnifying party of the commencement of such Proceedingclaim, but the failure to notify the indemnifying party does will not relieve the indemnifying party of any liability that it may have to any indemnified party, except to the extent that the indemnifying party demonstrates that the defense of such action is prejudiced by the indemnified party's failure to give such notice.

Appears in 1 contract

Samples: Stock Purchase Agreement (Quiksilver Inc)

PROCEDURE FOR INDEMNIFICATION--THIRD PARTY CLAIMS. (a) Promptly after receipt by an indemnified party under Section 11.1 Sections 8.2 or 11.2 8.3 of notice of the commencement of any proceeding ("Proceeding") Proceeding against it by a third partyit, such indemnified party shallwill, if a claim is to be made against an indemnifying party under such SectionsSection, give notice to the indemnifying party of the commencement of such Proceedingclaim, but the failure to notify the indemnifying party does will not relieve the indemnifying party of any liability that it may have to any indemnified party, except to the extent that the indemnifying party demonstrates that the defense of such action is prejudiced by the indemnified party's ’s failure to give such notice.

Appears in 1 contract

Samples: Stock and Note Purchase Agreement (Compass Group Diversified Holdings LLC)

PROCEDURE FOR INDEMNIFICATION--THIRD PARTY CLAIMS. (a) Promptly after receipt by an indemnified party under Section 11.1 11.2, or 11.2 11.3 of notice of the commencement of any proceeding ("Proceeding") Proceeding against it by a third partyit, such indemnified party shallwill, if a claim is to be made against an indemnifying party under such SectionsSection, give notice to the indemnifying party of the commencement of such Proceedingclaim, but the failure to notify the indemnifying party does will not relieve the indemnifying party of any liability that it may have to any indemnified party, except to the extent that the indemnifying party demonstrates that the defense of such action is prejudiced by the indemnified indemnifying party's ’s failure to give such notice.

Appears in 1 contract

Samples: Stock Purchase Agreement (BIMI International Medical Inc.)

PROCEDURE FOR INDEMNIFICATION--THIRD PARTY CLAIMS. (a) Promptly after receipt by an indemnified party under Section 11.1 10.2 or 11.2 10.3 of notice of the commencement of any proceeding ("Proceeding") Proceeding against it by a third partyit, such indemnified party shall, if a claim is to be made against an indemnifying party under such SectionsSection, give notice to the indemnifying party of the commencement of such Proceedingclaim, but the failure to notify the indemnifying party does will not relieve the indemnifying party of any liability that it may have to any indemnified party, except to the extent that the indemnifying party demonstrates that the defense of such action is materially prejudiced by the indemnified indemnifying party's failure to give such notice.

Appears in 1 contract

Samples: Asset Purchase Agreement (West Pharmaceutical Services Inc)

PROCEDURE FOR INDEMNIFICATION--THIRD PARTY CLAIMS. (a) Promptly after receipt by an indemnified party under Section 11.1 Sections 11.2, or 11.2 11.3 of notice of the commencement of any proceeding ("Proceeding") Proceeding against it by a third partyit, such indemnified party shallwill, if a claim is to be made against an indemnifying party under such SectionsSection, give notice to the indemnifying party of the commencement of such Proceedingclaim, but the failure to notify the indemnifying party does will not relieve the indemnifying party of any liability that it may have to any indemnified party, except to the extent that the indemnifying party demonstrates that the defense of such action is prejudiced by the indemnified party's failure to give such notice.

Appears in 1 contract

Samples: Stock Purchase Agreement (Triumph Group Inc /)

PROCEDURE FOR INDEMNIFICATION--THIRD PARTY CLAIMS. (a) Promptly after receipt by an indemnified party under Section 11.1 or 11.2 of notice of the commencement of any proceeding ("Proceeding") Action against it by a third partyit, such indemnified party shallwill, if a claim is to be made against an indemnifying party under such Sectionsthis Agreement, give notice to the indemnifying party of the commencement of such Proceedingclaim, but the failure to notify the indemnifying party does will not relieve the indemnifying party of any liability that it may have to any indemnified party, except to the extent that the indemnifying party demonstrates that the defense of such action Action is prejudiced by the indemnified indemnifying party's failure to give such notice.

Appears in 1 contract

Samples: Agreement (National Penn Bancshares Inc)

PROCEDURE FOR INDEMNIFICATION--THIRD PARTY CLAIMS. (a) Promptly after receipt by an indemnified party under Section 11.1 10.2 or 11.2 10.3 of notice of the commencement of any proceeding ("Proceeding") a claim against it by a third party(" Claim"), such indemnified party shall, if a claim is to be made against an indemnifying party under such SectionsSection, give notice to the indemnifying party of the commencement of such ProceedingClaim, but the failure to notify the indemnifying party does will not relieve the indemnifying party of any liability that it may have to any indemnified party, except to the extent that the indemnifying party demonstrates that the defense of such action is prejudiced by the indemnified party's failure to give such notice.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Anicom Inc)

PROCEDURE FOR INDEMNIFICATION--THIRD PARTY CLAIMS. (a) Promptly after receipt by an indemnified party under Section 11.1 12.2, or 11.2 12.3 of notice of the commencement of any proceeding ("Proceeding") Proceeding against it by a third partyit, such indemnified party shallwill, if a claim is to be made against an indemnifying party under such SectionsSection, give notice to the indemnifying party of the commencement of such Proceedingclaim, but the failure to notify the indemnifying party does will not relieve the indemnifying party of any liability that it may have to any indemnified party, except to the extent that the indemnifying party demonstrates that the defense of such action is prejudiced by the indemnified indemnifying party's ’s failure to give such notice.

Appears in 1 contract

Samples: Stock Purchase Agreement (China Liberal Education Holdings LTD)

PROCEDURE FOR INDEMNIFICATION--THIRD PARTY CLAIMS. (a) Promptly after receipt by an indemnified party under Section 11.1 or 11.2 Article V of notice of the commencement of any proceeding ("Proceeding") Proceeding against it by a third partyit, such indemnified party shallwill, if a claim is to be made against an indemnifying party under such SectionsSection, give notice to the indemnifying party of the commencement of such Proceedingclaim, but the failure to notify the indemnifying party does will not relieve the indemnifying party of any liability that it may have to any indemnified party, except to the extent that the indemnifying party demonstrates that the defense of such action is prejudiced by the indemnified indemnifying party's ’s failure to give such notice.

Appears in 1 contract

Samples: Asset and Stock Purchase Agreement (Emrise CORP)

PROCEDURE FOR INDEMNIFICATION--THIRD PARTY CLAIMS. (a) Promptly after receipt by an indemnified party under Section 11.1 6.2 or 11.2 Section 6.3 of notice of the commencement of any proceeding ("Proceeding") Proceeding against it by a third partyit, such indemnified party shallwill, if a claim is to be made against an indemnifying party under such SectionsSection, give notice to the indemnifying party of the commencement of such Proceedingclaim, but the failure to notify the indemnifying party does will not relieve the indemnifying party of any liability that it may have to any indemnified party, except to the extent that the indemnifying party demonstrates that the defense of such action is prejudiced by the indemnified indemnifying party's failure to give such notice.

Appears in 1 contract

Samples: Stock Purchase Agreement (Simclar Inc)

PROCEDURE FOR INDEMNIFICATION--THIRD PARTY CLAIMS. (a) 9.9.1 Promptly after receipt by an indemnified party under Section 11.1 9.2, 9.3 or 11.2 9.5 of notice of the commencement of any proceeding ("Proceeding") Proceeding against it by a third partyit, such indemnified party shall, if a claim is to be made against an indemnifying party under such SectionsSection, give notice to the indemnifying party of the commencement of such Proceedingclaim, but the failure to notify the indemnifying party does will not relieve the indemnifying party of any liability that it may have to any indemnified party, except to the extent that the indemnifying party demonstrates that the defense of such action is prejudiced by the indemnified indemnifying party's failure to give such notice.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Trinity Industries Inc)

PROCEDURE FOR INDEMNIFICATION--THIRD PARTY CLAIMS. (a) Promptly after receipt by an indemnified party under Section 11.1 or 11.2 Article X of notice of the commencement of any proceeding ("Proceeding") Proceeding against it by a third partyit, such indemnified party shall, if a claim is to be made against an indemnifying party under such SectionsSection, give notice to the indemnifying party of the commencement of such Proceedingclaim, but the failure to notify the indemnifying party does shall not relieve the indemnifying party of any liability that it may have to any indemnified party, except to the extent that the indemnifying party demonstrates that the defense of such action is prejudiced by the indemnified indemnifying party's ’s failure to give such notice.

Appears in 1 contract

Samples: Stock Purchase Agreement (Emrise CORP)

AutoNDA by SimpleDocs

PROCEDURE FOR INDEMNIFICATION--THIRD PARTY CLAIMS. (a) Promptly after receipt by an indemnified party under Section 11.1 or 11.2 10.2, 10.4, 10.5 of notice of the commencement of any proceeding ("Proceeding") Proceeding against it by a third partyit, such indemnified party shallwill, if a claim is to be made against an indemnifying party under such SectionsSection, give notice to the indemnifying party of the commencement of such Proceedingclaim, but the failure to notify the indemnifying party does will not relieve the indemnifying party of any liability that it may have to any indemnified party, except to the extent that the indemnifying party demonstrates that the defense of such action is prejudiced by the indemnified indemnifying party's failure to give such notice.

Appears in 1 contract

Samples: Asset Purchase Agreement (Morrison Health Care Inc)

PROCEDURE FOR INDEMNIFICATION--THIRD PARTY CLAIMS. (a) Promptly after receipt by an indemnified party under Section 11.1 2 or 11.2 3 of notice of the commencement of any proceeding ("Proceeding") Third Party Claim against it by a third partyit, such indemnified party shallwill, if a claim is to be made against an indemnifying party under such Sectionssection, give written notice to the indemnifying party of the commencement of such Proceeding, but the Third Party Claim. The failure to notify the indemnifying party does party, however, will not relieve the indemnifying party of any liability that it may have to any indemnified party, except to the extent that the indemnifying party demonstrates that the defense of such action is actually prejudiced by the indemnified party's failure to give such notice.

Appears in 1 contract

Samples: Master Indemnification Agreement (Apartment Investment & Management Co)

PROCEDURE FOR INDEMNIFICATION--THIRD PARTY CLAIMS. (a) Promptly after receipt by an indemnified party under Section 11.1 Sections 9.2 or 11.2 9.3 of notice of the commencement of any proceeding ("Proceeding") Proceeding against it by a third partyit, such indemnified party shallwill, if a claim is to be made against an indemnifying party under such SectionsSection, give notice to the indemnifying party of the commencement of such Proceedingclaim, but the failure to notify the indemnifying party does will not relieve the indemnifying party of any liability that it may have to any indemnified party, except to the extent that the indemnifying party demonstrates that the defense of such action is prejudiced by the indemnified indemnifying party's ’s failure to give such notice.

Appears in 1 contract

Samples: Stock Purchase Agreement (Astec Industries Inc)

PROCEDURE FOR INDEMNIFICATION--THIRD PARTY CLAIMS. (a) 1. Promptly after receipt by an indemnified party under Section 11.1 8.2 or 11.2 8.3 of notice of the commencement of any proceeding ("Proceeding") against it by a third partyit, such indemnified party shallwill, if a claim is to be made against an indemnifying party under such SectionsSection, give notice to the indemnifying party of the commencement of such Proceedingclaim, but the failure to notify the indemnifying party does will not relieve the indemnifying party of any liability that it may have to any indemnified party, except to the extent that the indemnifying party demonstrates that the defense of such action is prejudiced by the indemnified indemnifying party's failure to give such notice.

Appears in 1 contract

Samples: Purchase Agreement (X Ceed Inc)

PROCEDURE FOR INDEMNIFICATION--THIRD PARTY CLAIMS. (a) Promptly after receipt by an indemnified party under Section 11.1 7.2 or 11.2 7.3 of notice of the commencement of any proceeding ("Proceeding") Proceeding against it by a third partyit, such indemnified party shallwill, if a claim is to be made against an indemnifying party under such SectionsSection, give notice to the indemnifying party of the commencement of such Proceedingclaim, but the failure to notify the indemnifying party does will not relieve the indemnifying party of any liability that it may have to any indemnified party, except to the extent that the indemnifying party demonstrates that the defense of such action is prejudiced by the indemnified party's failure to give such notice.

Appears in 1 contract

Samples: Stock Purchase Agreement (Tickets Com Inc)

PROCEDURE FOR INDEMNIFICATION--THIRD PARTY CLAIMS. (a) Promptly after receipt by an indemnified party under Section 11.1 Clause 8.2 or 11.2 8.3 of notice of the commencement of any action or proceeding ("Proceeding") against it by a third partyit, such indemnified party shallwill, if a claim is to be made against an indemnifying party under such SectionsClause, give notice to the indemnifying party of the commencement of such Proceedingclaim, but the failure to notify the indemnifying party does will not relieve the indemnifying party of any liability that it may have to any indemnified party, except to the extent that the indemnifying party demonstrates that the defense of such action is prejudiced by the indemnified party's ’s failure to give such notice.

Appears in 1 contract

Samples: Subscription and Purchase Agreement (The9 LTD)

PROCEDURE FOR INDEMNIFICATION--THIRD PARTY CLAIMS. (a) 8.3.1 Promptly after receipt by an indemnified party under [Section 11.1 8.2 or 11.2 8.3] of notice of the commencement of any proceeding ("Proceeding") Proceeding against it by a third partyit, such indemnified party shallwill, if a claim is to be made against an indemnifying party under such SectionsSection, give notice to the indemnifying party of the commencement of such Proceedingclaim, but the failure to notify the indemnifying party does will not relieve the indemnifying party of any liability that it may have to any an indemnified party, except to the extent that the indemnifying party demonstrates that the defense of such action is prejudiced by the indemnified indemnifying party's ’s failure to give such notice.

Appears in 1 contract

Samples: Stock Purchase Agreement (Homeland Security Network, Inc.)

PROCEDURE FOR INDEMNIFICATION--THIRD PARTY CLAIMS. (a) Promptly after receipt by an indemnified party under Section 11.1 10.2 or 11.2 10.4, of notice of the commencement assertion of any proceeding ("Proceeding") against it liability by a third partyparty ("Third Party Claim"), such indemnified party shallwill, if a claim is to be made against an indemnifying party under such SectionsSection, give written notice to the indemnifying party of the commencement of such ProceedingThird Party Claim, but the failure to notify the indemnifying party does will not relieve the indemnifying party of any liability that it may have to any indemnified party, except to the extent that the indemnifying party demonstrates that the defense of such action is prejudiced by the indemnified indemnifying party's failure to give such notice. This Section 10.8 will not apply to Tax Claims governed by Section 10.2 or 10.9.

Appears in 1 contract

Samples: Stock Purchase Agreement (Regal Entertainment Group)

PROCEDURE FOR INDEMNIFICATION--THIRD PARTY CLAIMS. (a) Promptly after receipt by an indemnified party under Section 11.1 7.3.2 or 11.2 7.3.3 of notice of the commencement of any proceeding ("Proceeding") a claim against it by (a third party"Claim"), such the indemnified party shallwill, if a claim is to be made against an indemnifying party under such SectionsSection, give notice to the indemnifying party of the commencement of such ProceedingClaim, but the failure to notify the indemnifying party does will not relieve the indemnifying party of any liability that it may have to any indemnified party, except to the extent that the indemnifying party demonstrates that the defense of such action is prejudiced by the indemnified party's failure to give such notice.

Appears in 1 contract

Samples: Agreement of Purchase (Walker Financial Corp)

PROCEDURE FOR INDEMNIFICATION--THIRD PARTY CLAIMS. (a) Promptly after receipt by an indemnified party under Section 11.1 or 11.2 of notice of the commencement of any proceeding ("Proceeding") Proceeding against it by a third partyit, such indemnified party shallwill, if a claim is to be made against an indemnifying party under such Sectionsparty, give notice to the indemnifying party of the commencement of such Proceedingclaim, but the failure to notify the indemnifying party does will not relieve the indemnifying party of any liability that it may have to any indemnified party, except to the extent that the indemnifying party demonstrates that the defense of such action is prejudiced by the indemnified indemnifying party's failure to give such notice.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Eb2b Commerce Inc /Ny/)

PROCEDURE FOR INDEMNIFICATION--THIRD PARTY CLAIMS. (a) Promptly after receipt by an indemnified party under Section 11.1 9.02 or 11.2 9.03 of notice of the commencement of any proceeding ("Proceeding") Proceeding against it by a third partyit, such indemnified party shallwill, if a claim is to be made against an indemnifying party under such SectionsSection, give notice to the indemnifying party of the commencement of such Proceedingclaim, but the failure to notify the indemnifying party does will not relieve the indemnifying party of any liability that it may have to any indemnified party, except to the extent that the indemnifying party demonstrates that the defense of such action is prejudiced by the indemnified indemnifying party's ’s failure to give such notice.

Appears in 1 contract

Samples: Stock Purchase Agreement (Rurban Financial Corp)

PROCEDURE FOR INDEMNIFICATION--THIRD PARTY CLAIMS. (a) Promptly after receipt by an indemnified party under Section 11.1 SECTION 9.02, 9.03 or 11.2 9.04 of notice of the commencement of any proceeding ("Proceeding") Proceeding against it by a third partyit, such indemnified party shallwill, if a claim is to be made against an indemnifying party under such SectionsSection, give notice to the indemnifying party of the commencement of such Proceedingclaim, but the failure to notify the indemnifying party does will not relieve the indemnifying party of any liability that it may have to any indemnified party, except to the extent that the indemnifying party demonstrates that the defense of such action is prejudiced by the indemnified indemnifying party's failure to give such notice.

Appears in 1 contract

Samples: 1 Stock Purchase Agreement (Eye Care Centers of America Inc)

PROCEDURE FOR INDEMNIFICATION--THIRD PARTY CLAIMS. (a) Promptly after receipt by an indemnified party under Section 11.1 or 11.2 10.2 of notice of the commencement of any proceeding ("Proceeding") Proceeding against it by a third partyit, such indemnified party shallwill, if a claim is to be made against an indemnifying party under such SectionsSection, give notice to the indemnifying party of the commencement of such Proceedingclaim, but the failure to notify the indemnifying party does will not relieve the indemnifying party of any liability that it may have to any indemnified party, except to the extent that the indemnifying party demonstrates that the defense of such action is prejudiced by the indemnified party's failure to give such notice.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Wight George Jr)

PROCEDURE FOR INDEMNIFICATION--THIRD PARTY CLAIMS. (a) Promptly after receipt by an indemnified party under Section 11.1 or 11.2 of notice of the commencement of any proceeding ("Proceeding") Proceeding against it by a third partyit, such indemnified party shallwill, if a claim is to be made against an indemnifying party under such Sectionsparty, give notice to the indemnifying party of the commencement of such Proceedingclaim, but the failure to notify the indemnifying party does will not relieve the indemnifying party of any liability that it may have to any indemnified party, except to the extent that the indemnifying party demonstrates that the defense of such action is materially prejudiced by the indemnified party's ’s failure to give such notice.

Appears in 1 contract

Samples: Stock Purchase Agreement (China Technology Development Group Corp)

PROCEDURE FOR INDEMNIFICATION--THIRD PARTY CLAIMS. (a) Promptly after receipt by an indemnified party under Section 11.1 5.2, 5.4, or 11.2 (to the extent provided in the last sentence of Section 5.3) Section 5.3 of notice of the commencement of any proceeding ("Proceeding") Proceeding against it by a third partyit, such indemnified party shallwill, if a claim is to be made against an indemnifying party under such SectionsSection, give notice to the indemnifying party of the commencement of such Proceedingclaim, but the failure to notify the indemnifying party does will not relieve the indemnifying party of any liability that it may have to any indemnified party, except to the extent that the indemnifying party demonstrates that the defense of such action is prejudiced by the indemnified indemnifying party's failure to give such notice.

Appears in 1 contract

Samples: Employment Agreement (Drugmax Com Inc)

PROCEDURE FOR INDEMNIFICATION--THIRD PARTY CLAIMS. (ai) Promptly after receipt by an indemnified party under Section 11.1 9.1 or 11.2 9.2 of notice of the commencement of any proceeding ("Proceeding") against it by a third partyit, such indemnified party shallwill, if a claim is to be made against an indemnifying party under such SectionsSection, give notice to the indemnifying party of the commencement of such Proceedingclaim, but the failure to notify the indemnifying party does will not relieve the indemnifying party of any liability that it may have to any indemnified party, except to the extent that the indemnifying party demonstrates that the defense of such action is prejudiced by the indemnified indemnifying party's failure to give such notice.

Appears in 1 contract

Samples: Asset Purchase Agreement (Pages Inc /Oh/)

PROCEDURE FOR INDEMNIFICATION--THIRD PARTY CLAIMS. (a) Promptly after receipt by an indemnified party under Section 11.1 8.2 or 11.2 8.3 of notice of the commencement of any proceeding ("Proceeding") Proceeding against it by a third partyit, such indemnified party shallwill, if a claim is to be made against an indemnifying party under such Sectionsparty, give notice to the indemnifying party of the commencement of such Proceedingclaim, but the failure to notify the indemnifying party does will not relieve the indemnifying party of any liability that it may have to any indemnified party, except to the extent 57 that the indemnifying party demonstrates that the defense of such action is prejudiced by the indemnified indemnifying party's ’s failure to give such notice.

Appears in 1 contract

Samples: Share Purchase and Transfer Agreement (Cohu Inc)

PROCEDURE FOR INDEMNIFICATION--THIRD PARTY CLAIMS. (a) Promptly after receipt by an indemnified party under Section 11.1 12.2 or 11.2 Section 12.3 of notice of the commencement of any proceeding ("Proceeding") Proceeding against it by a third partyit, such indemnified party shallwill, if a claim is to be made against an indemnifying party under such SectionsSection, give notice to the indemnifying party of the commencement of such Proceedingclaim, but the failure to notify the indemnifying party does will not relieve the indemnifying party of any liability that it may have to any indemnified party, except to the extent that the indemnifying party demonstrates that the defense of such action is prejudiced by the indemnified indemnifying party's failure to give such notice.

Appears in 1 contract

Samples: Stock Purchase Agreement (Envoy Corp /Tn/)

PROCEDURE FOR INDEMNIFICATION--THIRD PARTY CLAIMS. (a) Promptly after receipt by an indemnified party under Section 11.1 13.2 or 11.2 Section 13.3 of notice of the commencement of any proceeding ("Proceeding") Proceeding against it by a third partyit, such indemnified party shallwill, if a claim is to be made against an indemnifying party under such SectionsSection, give notice to the indemnifying party of the commencement of such Proceedingclaim, but the failure to notify the indemnifying party does will not relieve the indemnifying party of any liability that it may have to any indemnified party, except to the extent that the indemnifying party demonstrates that the defense of such action is prejudiced by the indemnified indemnifying party's ’s failure to give such notice.

Appears in 1 contract

Samples: Option Agreement (Transatlantic Petroleum Ltd.)

PROCEDURE FOR INDEMNIFICATION--THIRD PARTY CLAIMS. (a) Promptly after receipt by an indemnified party Indemnified Person under Section 11.1 11.2 or 11.2 Section 11.3 of notice of the commencement of any proceeding ("Proceeding") Proceeding against it by a third partyit, such indemnified party shallIndemnified Person will, if a claim is to be made against an indemnifying party under such SectionsSection, give notice to the indemnifying party of the commencement of such Proceedingclaim, but the failure to notify the indemnifying party does will not relieve the indemnifying party of any liability that it may have to any indemnified partyIndemnified Person, except to the extent that the indemnifying party demonstrates that the defense of such action is prejudiced by the indemnified partyIndemnified Person's failure to give such notice.

Appears in 1 contract

Samples: Credit Agreement (Agway Inc)

PROCEDURE FOR INDEMNIFICATION--THIRD PARTY CLAIMS. (a) Promptly after receipt by an indemnified party under Section 11.1 or 11.2 Indemnified Party of notice of the commencement of any proceeding ("Proceeding") against it by a third party, such indemnified party shallIndemnified Party will, if a claim is to be made against an indemnifying party under such Sectionspursuant to this Article 10, give notice to the indemnifying party of the commencement of such the Proceeding, but the failure to notify the indemnifying party does will not relieve the indemnifying party of any liability that it may have to any indemnified partythe Indemnified Party, except to the extent that the indemnifying party demonstrates that the defense of such action is prejudiced by the indemnified party's Indemnified Party’s failure to give provide such notice.

Appears in 1 contract

Samples: Asset Purchase Agreement

PROCEDURE FOR INDEMNIFICATION--THIRD PARTY CLAIMS. (a) Promptly after receipt by an indemnified party under Section 11.1 8.2 or 11.2 8.3 of notice of the commencement of any proceeding ("Proceeding") a Third Party Claim against it by a third partyit, such indemnified party shallwill, if a claim is to be made against an indemnifying party under such Sectionsthis Article 8, give notice to the indemnifying party of the commencement of such ProceedingThird Party Claim, but the failure to notify the indemnifying party does will not relieve the indemnifying party of any liability that it may have to any indemnified party, except to the extent that the indemnifying party demonstrates that the defense of such action is prejudiced by the indemnified indemnifying party's ’s failure to give such notice.

Appears in 1 contract

Samples: Stock Purchase Agreement (Compass Group Diversified Holdings LLC)

PROCEDURE FOR INDEMNIFICATION--THIRD PARTY CLAIMS. (a) Promptly after receipt by an indemnified party under Section 11.1 Sections 10.2 or 11.2 10.3 of notice of the commencement of any proceeding ("Proceeding") Proceeding against it by a third partyit, such indemnified party shallwill, if a claim is to be made against an indemnifying party under such SectionsSection, give notice to the indemnifying party of the commencement of such Proceedingclaim, but the failure to notify the indemnifying party does will not relieve the indemnifying party of any liability that it may have to any indemnified party, except to the extent that the indemnifying party demonstrates that the defense of such action is prejudiced by the indemnified indemnifying party's ’s failure to give such notice.

Appears in 1 contract

Samples: Equity Purchase Agreement (Polymedica Corp)

PROCEDURE FOR INDEMNIFICATION--THIRD PARTY CLAIMS. (a) Promptly after receipt by an indemnified party under Section 11.1 or 11.2 Indemnified Party of notice of the commencement of any proceeding ("Proceeding") against it by a third party, such indemnified party shallIndemnified Party will, if a claim is to be made against an indemnifying party under such Sectionspursuant to this Article IX, give notice to the indemnifying party of the commencement of such the Proceeding, but the failure to notify the indemnifying party does will not relieve the indemnifying party of any liability that it may have to any indemnified partythe Indemnified Party, except to the extent that the indemnifying party demonstrates that the defense of such action is prejudiced by the indemnified party's failure to give such notice.

Appears in 1 contract

Samples: Asset Purchase Agreement (Ipayment Inc)

PROCEDURE FOR INDEMNIFICATION--THIRD PARTY CLAIMS. (a) Promptly after receipt by an indemnified party under Section 11.1 11.2 or 11.2 Section 11.3 of written notice of the commencement of any proceeding ("Proceeding") Action against it by a third partyit, such indemnified party shall, if a claim is to be made against an indemnifying party under such Sectionssection, give notice to the indemnifying party of the commencement of such Proceedingclaim, but the failure to notify the indemnifying party does will not relieve the indemnifying party of any liability that it may have to any indemnified party, except to the extent that the indemnifying party demonstrates that the defense of such action is materially prejudiced by the indemnified party's ’s failure to give such notice.

Appears in 1 contract

Samples: Asset Purchase Agreement (Russ Berrie & Co Inc)

PROCEDURE FOR INDEMNIFICATION--THIRD PARTY CLAIMS. (a) Promptly after receipt by an indemnified party under Section 11.1 or 11.2 this Agreement of notice of the commencement of any proceeding ("Proceeding") Proceeding against it by a third partyit, such indemnified party shallwill, if a claim is to be made against an indemnifying party under such SectionsSection 6.2 or 6.3, give notice to the indemnifying party of the commencement of such Proceedingclaim, but the failure to notify the indemnifying party does will not relieve the indemnifying party of any liability that it may have to any indemnified party, except to the extent that the indemnifying party demonstrates that the defense of such action is prejudiced by the indemnified indemnifying party's ’s failure to give such notice.

Appears in 1 contract

Samples: Stock Purchase Agreement (Imageware Systems Inc)

PROCEDURE FOR INDEMNIFICATION--THIRD PARTY CLAIMS. (a) Promptly after receipt by an indemnified party under Section 11.1 or 11.2 of notice of the commencement of any proceeding ("Proceeding") against it by a third partyan indemnified party under this Article 7, such indemnified party shallwill, if a claim is to be made against an indemnifying party under such Sectionsparty, give notice to the indemnifying party of the commencement of such Proceedingclaim, but but, subject to the provisions of Section 7.1, the failure to notify the indemnifying party does will not relieve the indemnifying party of any liability Liability that it may have to any indemnified party, except to the extent that the indemnifying party demonstrates that the defense of such action is prejudiced by the indemnified indemnifying party's ’s failure to give such notice.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Hudson Global, Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.