Procedure - Indemnities. Any Person seeking indemnification as payment under this Article shall give reasonably prompt notice thereof to the party from whom indemnification is sought. The party from whom indemnification is sought shall have the sole right to conduct, settle or otherwise dispose of any legal action in respect of which indemnification is sought in any manner it deems appropriate without the consent of the other party if, but only if, it has agreed that the matters in the action are indemnified pursuant to Sections 6.1 and 6.
Appears in 2 contracts
Samples: Merger Agreement, Share Exchange Agreement
Procedure - Indemnities. Any Person party seeking indemnification as payment under this Article hereunder shall give reasonably prompt notice thereof to the party from whom indemnification is sought. The party from whom indemnification is sought shall have the sole right to conduct, settle or otherwise dispose of any legal action in respect of which indemnification is sought in any manner it deems appropriate without the consent of the other party ifparty, if but only if, it has agreed that the matters in the action are indemnified pursuant to Sections
6.1 and 6Sections 5.1 or 5.2.
Appears in 1 contract
Samples: Contribution Agreement (Johnstone Tank Trucking Ltd.)
Procedure - Indemnities. Any Person party seeking indemnification as payment under this Article hereunder shall give reasonably prompt notice thereof to the party from whom indemnification is sought. The party from whom indemnification is sought shall have the sole right to conduct, settle or otherwise dispose of any legal action in respect of which indemnification is sought in any manner it deems appropriate without the consent of the other party if, but only if, it has agreed that the matters in the action are indemnified pursuant to Sections
6.1 and 6Sections 5.1 or 5.2.
Appears in 1 contract
Samples: Contribution Agreement (Johnstone Tank Trucking Ltd.)