Common use of PROCEDURE FOR NOTIFICATION; DEFENSE OF CLAIM; SETTLEMENT Clause in Contracts

PROCEDURE FOR NOTIFICATION; DEFENSE OF CLAIM; SETTLEMENT. 10.1. Indemnitee shall, as a condition precedent to Indemnitee’s right to be indemnified under this Agreement, give the Company notice in writing promptly of any claim made against Indemnitee for which indemnification will or could be sought under this Agreement; provided, however, that a delay in giving such notice shall not deprive Indemnitee of any right to be indemnified under this Agreement unless, and then only to the extent that, such delay is materially prejudicial to the defense of such claim. The omission or delay to notify the Company will not relieve the Company from any liability for indemnification which it may have to Indemnitee otherwise than under this Agreement. The Secretary of the Company shall, promptly upon receipt of such a request for indemnification, advise the Board in writing that Indemnitee has requested indemnification.

Appears in 21 contracts

Samples: Indemnification Agreement (HireRight Holdings Corp), Indemnification Agreement (European Wax Center, Inc.), Indemnification Agreement (European Wax Center, Inc.)

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PROCEDURE FOR NOTIFICATION; DEFENSE OF CLAIM; SETTLEMENT. 10.1. Indemnitee shall, as a condition precedent to Indemnitee’s right to be indemnified under this Agreement, give the Company notice in writing promptly of any claim made against Indemnitee for which indemnification will or could be sought under this Agreement; , provided, however, that a delay in giving such notice shall not deprive Indemnitee of any right to be indemnified under this Agreement unless, and then only to the extent that, such delay is materially prejudicial to the defense of such claim. The omission or delay to notify the Company will not relieve the Company from any liability for indemnification which it may have to Indemnitee otherwise than under this Agreement. The Secretary of the Company shall, promptly upon receipt of such a request for indemnification, advise the Board in writing that Indemnitee has requested indemnification.

Appears in 6 contracts

Samples: Indemnification Agreement (Ply Gem Holdings Inc), Indemnification Agreement (Global Brass & Copper Holdings, Inc.), Indemnification Agreement (China HGS Real Estate Inc.)

PROCEDURE FOR NOTIFICATION; DEFENSE OF CLAIM; SETTLEMENT. 10.1. Indemnitee shall, as a condition precedent to Indemnitee’s right to be indemnified under this Agreement, give the Company notice in writing promptly of any claim made against Indemnitee for which indemnification will or could be sought under this Agreement; provided, however, that a delay in giving such notice shall not deprive Indemnitee of any right to be indemnified under this Agreement unless, and then only to the extent that, such delay is materially prejudicial to the defense of such claim. The omission or delay to notify the Company will not relieve the Company from any liability for indemnification which it may have to Indemnitee otherwise than under this Agreement. The Secretary General Counsel of the Company shall, promptly upon receipt of such a request for indemnification, advise the Board in writing that Indemnitee has requested indemnification.

Appears in 2 contracts

Samples: Indemnification Agreement (Latham Group, Inc.), Indemnification Agreement (Latham Group, Inc.)

PROCEDURE FOR NOTIFICATION; DEFENSE OF CLAIM; SETTLEMENT. 10.1. Indemnitee shall, as a condition precedent to Indemnitee’s right to be indemnified under this Agreement, give the Company notice in writing promptly of any claim made against Indemnitee for which indemnification will or could be sought under this Agreement; provided, howeverprovided , however , that a delay in giving such notice shall not deprive Indemnitee of any right to be indemnified under this Agreement unless, and then only to the extent that, such delay is materially prejudicial to the defense of such claim. The omission or delay to notify the Company will not relieve the Company from any liability obligation for indemnification which it may have to Indemnitee otherwise than under this Agreement. The Secretary of the Company shall, promptly upon receipt of such a request for indemnification, advise the Board in writing that Indemnitee has requested indemnification.

Appears in 1 contract

Samples: Indemnification Agreement (China Growth Equity Investment LTD)

PROCEDURE FOR NOTIFICATION; DEFENSE OF CLAIM; SETTLEMENT. 10.1. Indemnitee 10.1.Indemnitee shall, as a condition precedent to Indemnitee’s right to be indemnified under this Agreement, give the Company notice in writing promptly of any claim made against Indemnitee for which indemnification will or could be sought under this Agreement; provided, however, that a delay in giving such notice shall not deprive Indemnitee of any right to be indemnified under this Agreement unless, and then only to the extent that, such delay is materially prejudicial to the defense of such claim. The omission or delay to notify the Company will not relieve the Company from any liability for indemnification which it may have to Indemnitee otherwise than under this Agreement. The Secretary secretary of the Company shall, promptly upon receipt of such a request for indemnification, advise the Board in writing that Indemnitee has requested indemnification.

Appears in 1 contract

Samples: Indemnification Agreement (Reservoir Media, Inc.)

PROCEDURE FOR NOTIFICATION; DEFENSE OF CLAIM; SETTLEMENT. 10.1. Indemnitee shall, as a condition precedent to Indemnitee’s right to be indemnified under this Agreement, give the Company notice in writing promptly of any claim made against Indemnitee for which indemnification will or could be sought under this Agreement; provided, however, that a delay in giving such notice shall not deprive Indemnitee of any right to be indemnified under this Agreement unless, and then only to the extent that, such delay is actually and materially prejudicial to the defense of such claim. The omission or delay to notify the Company will not relieve the Company from any liability for indemnification which it may have to Indemnitee otherwise than under this Agreement. The Secretary of the Company shall, promptly upon receipt of such a request for indemnification, advise the Board in writing that Indemnitee has requested indemnification.

Appears in 1 contract

Samples: Indemnification Agreement (Redbox Entertainment Inc.)

PROCEDURE FOR NOTIFICATION; DEFENSE OF CLAIM; SETTLEMENT. 10.1. Indemnitee shall, as a condition precedent to Indemnitee’s right to be indemnified under this Agreement, shall give the Company notice in writing promptly of any claim made against Indemnitee for which indemnification will or could be sought under this Agreement; provided, however, that a . Any delay in giving such notice shall not not, however, deprive Indemnitee of any right to be indemnified under this Agreement unless, and then only to the extent that, such delay is materially prejudicial to the defense of such claim. The omission or delay to notify the Company will not relieve the Company from any liability for indemnification which it may have to Indemnitee otherwise than under this Agreement. The Secretary of the Company shall, promptly Promptly upon receipt of such a request for indemnification, the Secretary of the Company shall advise the Board in writing that Indemnitee has requested indemnification.

Appears in 1 contract

Samples: Indemnification Agreement (Savers Value Village, Inc.)

PROCEDURE FOR NOTIFICATION; DEFENSE OF CLAIM; SETTLEMENT. 10.1. Indemnitee shall, as a condition precedent to Indemnitee’s right to be indemnified under this Agreement, give the Company notice in writing promptly of any claim made against Indemnitee for which indemnification will or could be sought under this Agreement; , provided, however, that a delay in giving such notice shall not deprive Indemnitee of any right to be indemnified under this Agreement unless, and then only to the extent that, such delay is materially prejudicial to the defense of such claim. The omission or delay to notify the Company will not relieve the Company from any liability for indemnification which it may have to Indemnitee otherwise than under this Agreement. The Secretary of the Company shall, promptly upon receipt of such a request for indemnification, advise the Board in writing that Indemnitee has requested indemnification.

Appears in 1 contract

Samples: Indemnification Agreement (Mistral Acquisition CO)

PROCEDURE FOR NOTIFICATION; DEFENSE OF CLAIM; SETTLEMENT. 10.1. Indemnitee shall, as a condition precedent to Indemnitee’s right to be indemnified under this Agreement, give the Company (and Trian Management if prior to a Business Combination) notice in writing promptly of any claim made against Indemnitee for which indemnification will or could be sought under this Agreement; , provided, however, that a delay in giving such notice shall not deprive Indemnitee of any right to be indemnified under this Agreement unless, and then only to the extent that, such delay is materially prejudicial to the defense of such claim. The omission or delay to notify the Company (or Trian Management if prior to a Business Combination) will not relieve the Company from any liability for indemnification which it may have to Indemnitee otherwise than under this Agreement. The Secretary of the Company shall, promptly upon receipt of such a request for indemnification, advise the Board in writing that Indemnitee has requested indemnification.

Appears in 1 contract

Samples: Indemnification Agreement (Trian Acquisition I Corp.)

PROCEDURE FOR NOTIFICATION; DEFENSE OF CLAIM; SETTLEMENT. 10.1. Indemnitee shall, as a condition precedent to Indemnitee’s right to be indemnified under this Agreement, give the Company notice in writing promptly of any claim made against Indemnitee for which indemnification will or could be sought under this Agreement; , provided, however, that a delay in giving such notice shall not deprive Indemnitee of any right to be indemnified under this Agreement unless, and then only to the extent that, such delay is materially prejudicial to the defense of such claim. The omission or delay to notify the Company will not relieve the Company from any liability obligation for indemnification which it may have to Indemnitee otherwise than under this Agreement. The Secretary of the Company shall, promptly upon receipt of such a request for indemnification, advise the Board in writing that Indemnitee has requested indemnification.

Appears in 1 contract

Samples: Indemnification Agreement (Cazador Acquisition Corp Ltd.)

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PROCEDURE FOR NOTIFICATION; DEFENSE OF CLAIM; SETTLEMENT. 10.1. Indemnitee 10.1.Indemnitee shall, as a condition precedent to Indemnitee’s right to be indemnified under this Agreement, give the Company notice in writing promptly of any claim made against Indemnitee for which indemnification will or could be sought under this Agreement; provided, however, that a delay in giving such notice shall not deprive Indemnitee of any right to be indemnified under this Agreement unless, and then only to the extent that, such delay is materially prejudicial to the defense of such claim. The omission or delay to notify the Company will not relieve the Company from any liability for indemnification which it may have to Indemnitee otherwise than under this Agreement. The Secretary General Counsel of the Company shall, promptly upon receipt of such a request for indemnification, advise the Board in writing that Indemnitee has requested indemnification.

Appears in 1 contract

Samples: Indemnification Agreement (Latham Group, Inc.)

PROCEDURE FOR NOTIFICATION; DEFENSE OF CLAIM; SETTLEMENT. 10.1. Indemnitee shall, as a condition precedent to Indemnitee’s right to be indemnified under this Agreement, give the Company notice in writing promptly of any claim made against Indemnitee for which indemnification will or could be sought under this Agreement; , provided, however, that a delay in giving such notice shall not deprive Indemnitee of any right to be indemnified under this Agreement unless, and then only to the extent that, such delay is materially prejudicial to the defense of such claim. The omission or delay to notify the Company will not relieve the Company from any liability for indemnification which it may have to Indemnitee otherwise than under this Agreement. The Secretary or the Assistant Secretary of the Company shall, promptly upon receipt of such a request for indemnification, advise the Board in writing that Indemnitee has requested indemnification.

Appears in 1 contract

Samples: Indemnification Agreement (Michael Kors Holdings LTD)

PROCEDURE FOR NOTIFICATION; DEFENSE OF CLAIM; SETTLEMENT. 10.1. Indemnitee shall, as a condition precedent to Indemnitee’s right to be indemnified under this Agreement, give the Company (and MacAndrews & Forbes if prior to a Business Combination) notice in writing promptly of any claim made against Indemnitee for which indemnification will or could be sought under this Agreement; , provided, however, that a delay in giving such notice shall not deprive Indemnitee of any right to be indemnified under this Agreement unless, and then only to the extent that, such delay is materially prejudicial to the defense of such claim. The omission or delay to notify the Company (or MacAndrews & Forces if prior to a Business Combination) will not relieve the Company from any liability for indemnification which it may have to Indemnitee otherwise than under this Agreement. The Secretary of the Company shall, promptly upon receipt of such a request for indemnification, advise the Board in writing that Indemnitee has requested indemnification.

Appears in 1 contract

Samples: Indemnification Agreement (MAFS Acquisition Corp.)

PROCEDURE FOR NOTIFICATION; DEFENSE OF CLAIM; SETTLEMENT. 10.1. Indemnitee shall, as a condition precedent to Indemnitee’s right to be indemnified under this Agreement, give the Company notice in writing promptly of any claim made against Indemnitee for which indemnification will or could be sought under this Agreement; , provided, however, that a delay in giving such notice shall not deprive Indemnitee of any right to be indemnified under this Agreement unless, and then only to the extent that, such delay is materially prejudicial to the defense of such claim. The omission or delay to notify the Company will not relieve the Company from any liability for indemnification which it may have to Indemnitee otherwise than under this Agreement. The Secretary secretary of the Company or any Board member shall, promptly upon receipt of such a request for indemnification, advise the Board in writing that Indemnitee has requested indemnification.

Appears in 1 contract

Samples: Indemnification Agreement (Intelsat Global Holdings S.A.)

PROCEDURE FOR NOTIFICATION; DEFENSE OF CLAIM; SETTLEMENT. 10.19.1. Indemnitee shall, as a condition precedent to Indemnitee’s right to be indemnified advancement or indemnification under this Agreement, give the Company notice in writing promptly of any claim made against Indemnitee for which indemnification will or could be sought under this Agreement; , provided, however, that a delay in giving such notice shall not deprive Indemnitee of any right to be indemnified under this Agreement unless, and then only to the extent that, such delay is materially prejudicial to the defense of such claim. The omission or delay to notify the Company will not relieve the Company from any liability for indemnification which it may have to Indemnitee otherwise than under this Agreement. The Secretary of the Company shall, promptly upon receipt of such a request for indemnification, advise the Board in writing that Indemnitee has requested indemnification.

Appears in 1 contract

Samples: Indemnification Agreement (Amc Entertainment Holdings, Inc.)

PROCEDURE FOR NOTIFICATION; DEFENSE OF CLAIM; SETTLEMENT. 10.1. Indemnitee 10.1.Indemnitee shall, as a condition precedent to Indemnitee’s right to be indemnified under this Agreement, give the Company notice in writing promptly of any claim made against Indemnitee for which indemnification will or could be sought under this Agreement; provided, however, that a delay in giving such notice shall not deprive Indemnitee of any right to be indemnified under this Agreement unless, and then only to the extent that, such delay is materially prejudicial to the defense of such claim. The omission or delay to notify the Company will not relieve the Company from any liability for indemnification which it may have to Indemnitee otherwise than under this Agreement. The Secretary of the Company shall, promptly upon receipt of such a request for indemnification, advise the Board in writing that Indemnitee has requested indemnification.. ​ ​

Appears in 1 contract

Samples: Indemnification Agreement (Teladoc Health, Inc.)

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