Common use of Procedure for Notification and Defense of Claim Clause in Contracts

Procedure for Notification and Defense of Claim. To obtain indemnification under this Agreement, Indemnitee shall submit to the Company a written request therefor, including therein or therewith such documentation and information as is reasonably available to Indemnitee and is reasonably necessary to determine whether and to what extent Indemnitee is entitled to indemnification. The officer of the Company receiving any such request from Indemnitee shall, promptly upon receipt of such a request for indemnification, advise the Board in writing that Indemnitee has requested indemnification.

Appears in 7 contracts

Samples: Indemnification Agreement (New York REIT Liquidating LLC), Indemnification Agreement (New York REIT Liquidating LLC), Indemnification Agreement (New York REIT Liquidating LLC)

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Procedure for Notification and Defense of Claim. To obtain indemnification under this Agreement, Indemnitee shall submit to the Company a written request therefortherefor and, including therein or therewith if Indemnitee so chooses pursuant to Section 11 of this Agreement, such documentation and information as is reasonably available to Indemnitee and is reasonably necessary to determine whether and to what extent Indemnitee is entitled to indemnification. The officer of the Company receiving any such written request from Indemnitee shall, promptly upon receipt of such shall also include a request for indemnification, advise Indemnitee to have the Board in writing that Indemnitee has requested indemnificationright to indemnification determined by Independent Counsel.

Appears in 3 contracts

Samples: Indemnification Agreement (FGL Holdings), Indemnification Agreement (Fidelity & Guaranty Life), Indemnification Agreement (Northeast Bancorp /Me/)

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