Common use of Third Party Suits Clause in Contracts

Third Party Suits. (a) TJC shall promptly give notice to Seller and the Shareholders of any suit, demand, or claim by a third person against TJC, for which TJC is entitled to indemnification under Section 13(a) (a “Third Party Suit”), which may be given by notice of an Indemnification Claim in respect of the Third Party Suit. TJC’s failure or delay in giving this notice shall not relieve Seller or the Shareholders from their indemnification obligation under this Section 19(a) in respect of the Third Party Suit, except to the extent that Seller or a Shareholder suffer or incur a loss or are prejudiced by reason of TJC’s failure or delay.

Appears in 2 contracts

Samples: Asset and Franchise Purchase Agreement (JOINT Corp), Asset and Franchise Purchase Agreement (JOINT Corp)

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Third Party Suits. (a) TJC shall promptly give notice to Seller and the Shareholders Members of any suit, demand, or claim by a third person against TJC, for which TJC is entitled to indemnification under Section 13(a) (a “Third Party Suit”), which may be given by notice of an Indemnification Claim indemnification claim in respect of the Third Party Suit. TJC’s failure or delay in giving this notice shall not relieve Seller or the Shareholders Members from their indemnification obligation under this Section 19(a) in respect of the Third Party Suit, except to the extent that Seller or a Shareholder the Members suffer or incur a loss or are prejudiced by reason of TJC’s failure or delay.

Appears in 2 contracts

Samples: Asset and Franchise Purchase Agreement (JOINT Corp), Asset and Franchise Purchase Agreement (JOINT Corp)

Third Party Suits. (a) TJC shall promptly give notice to Seller and the Shareholders Members of any suit, demand, or claim by a third person against TJC, for which TJC is entitled to indemnification under Section 13(a) (a “Third Party Suit”), which may be given by notice of an Indemnification Claim indemnification claim in respect of the Third Party Suit. TJC’s failure or delay in giving this notice shall not relieve Seller or the Shareholders Members from their indemnification obligation under this Section 19(a) in respect of the Third Party Suit, except to the extent that Seller or a Shareholder Member suffer or incur a loss or are prejudiced by reason of TJC’s failure or delay.

Appears in 2 contracts

Samples: Asset and Franchise Purchase Agreement, Asset and Franchise Purchase Agreement (JOINT Corp)

Third Party Suits. (a) TJC shall promptly give notice to Seller and the Shareholders of any suit, demand, or claim by a third person against TJC, for which TJC is entitled to indemnification under Section 13(a) (a “Third Party Suit”), which may be given by notice of an Indemnification Claim indemnification claim in respect of the Third Party Suit. TJC’s failure or delay in giving this notice shall not relieve Seller or the Shareholders from their indemnification obligation under this Section 19(a) in respect of the Third Party Suit, except to the extent that Seller or a Shareholder suffer or incur a loss or are prejudiced by reason of TJC’s failure or delay.

Appears in 1 contract

Samples: Asset and Franchise Purchase Agreement (JOINT Corp)

Third Party Suits. (a) TJC shall promptly give notice to Seller and the Shareholders Shareholder of any suit, demand, or claim by a third person against TJC, for which TJC is entitled to indemnification under Section 13(a) (a “Third Party Suit”), which may be given by notice of an Indemnification Claim in respect of the Third Party Suit. TJC’s failure or delay in giving this notice shall not relieve Seller or the Shareholders Shareholder from their indemnification obligation under this Section 19(a) in respect of the Third Party Suit, except to the extent that Seller or a the Shareholder suffer or incur a loss or are prejudiced by reason of TJC’s failure or delay.

Appears in 1 contract

Samples: Asset and Franchise Purchase Agreement (JOINT Corp)

Third Party Suits. (a) TJC shall promptly give notice to Seller and the Shareholders Selling Parties of any suit, demand, or claim by a third person against TJC, for which TJC is entitled to indemnification under Section 13(a) (a “Third Party Suit”), which may be given by notice of an Indemnification Claim in respect of the Third Party Suit. TJC’s failure or delay in giving this notice shall not relieve Seller or the Shareholders Selling Parties from their indemnification obligation under this Section 19(a) in respect of the Third Party Suit, except to the extent that Seller a Selling Party suffers or a Shareholder suffer or incur incurs a loss or are is prejudiced by reason of TJC’s failure or delay.

Appears in 1 contract

Samples: Asset and Franchise Purchase Agreement (JOINT Corp)

Third Party Suits. (a) TJC a)TJC shall promptly give notice to Seller and the Shareholders of any suit, demand, or claim by a third person against TJC, for which TJC is entitled to indemnification under Section 13(a) (a “Third Party Suit”), which may be given by notice of an Indemnification Claim indemnification claim in respect of the Third Party Suit. TJC’s failure or delay in giving this notice shall not relieve Seller or the Shareholders a Managers from their indemnification obligation under this Section 19(a) in respect of the Third Party Suit, except to the extent that Seller or a Shareholder the Managers suffer or incur a loss or are prejudiced by reason of TJC’s failure or delay.

Appears in 1 contract

Samples: Asset and Franchise Purchase Agreement

Third Party Suits. (a) TJC shall promptly give notice to Seller and the Shareholders Members of any suit, demand, or claim by a third person against TJC, for which TJC is entitled to indemnification under Section 13(a) (a “Third Party Suit”), which may be given by notice of an Indemnification Claim in respect of the Third Party Suit. TJC’s failure or delay in giving this notice shall not relieve Seller or the Shareholders Members from their indemnification obligation under this Section 19(a) in respect of the Third Party Suit, except to the extent that Seller or a Shareholder Member suffer or incur a loss or are prejudiced by reason of TJC’s failure or delay.

Appears in 1 contract

Samples: Asset and Franchise Purchase Agreement (JOINT Corp)

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Third Party Suits. (a) TJC shall promptly give notice to Seller and the Shareholders Shareholder of any suit, demand, or claim by a third person against TJC, for which TJC is entitled to indemnification under Section 13(a) (a “Third Party Suit”), which may be given by notice of an Indemnification Claim indemnification claim in respect of the Third Party Suit. TJC’s failure or delay in giving this notice shall not relieve Seller or the Shareholders Shareholder from their indemnification obligation under this Section 19(a) in respect of the Third Party Suit, except to the extent that Seller or a the Shareholder suffer or incur a loss or are prejudiced by reason of TJC’s failure or delay.

Appears in 1 contract

Samples: Asset and Franchise Purchase Agreement (JOINT Corp)

Third Party Suits. (a) TJC shall promptly give notice to Seller and the Shareholders of any suit, demand, or claim by a third person against TJC, for which TJC is entitled to indemnification under Section 13(a) (a “Third Party Suit”), which may be given by notice of an Indemnification Claim indemnification claim in respect of the Third Party Suit. TJC’s failure or delay in giving this notice shall not relieve Seller or the Shareholders from their indemnification obligation under this Section 19(a) in respect of the Third Party Suit, except to the extent that Seller or a Shareholder suffer or incur a loss Loss or are prejudiced by reason of TJC’s failure or delay.

Appears in 1 contract

Samples: Asset and Franchise Purchase Agreement (JOINT Corp)

Third Party Suits. (a) TJC shall promptly give notice to Seller and the Shareholders of any suit, demand, or claim by a third person against TJC, for which TJC is entitled to indemnification under Section 13(a) (a “Third Party Suit”), which may be given by notice of an Indemnification Claim indemnification claim in respect of the Third Party Suit. TJC’s failure or delay in giving this notice shall not relieve Seller or the Shareholders a Managers from their indemnification obligation under this Section 19(a) in respect of the Third Party Suit, except to the extent that Seller or a Shareholder the Managers suffer or incur a loss or are prejudiced by reason of TJC’s failure or delay.

Appears in 1 contract

Samples: Asset and Franchise Purchase Agreement (JOINT Corp)

Third Party Suits. (a) TJC shall promptly give notice to Seller Sellers and the Shareholders of any suit, demand, or claim by a third person against TJC, for which TJC is entitled to indemnification under Section 13(a) (a “Third Party Suit”), which may be given by notice of an Indemnification Claim in respect of the Third Party Suit. TJC’s failure or delay in giving this notice shall not relieve Seller Sellers or the Shareholders from their indemnification obligation under this Section 19(a) in respect of the Third Party Suit, except to the extent that Seller Sellers or a Shareholder suffer or incur a loss or are prejudiced by reason of TJC’s failure or delay.

Appears in 1 contract

Samples: Asset and Franchise Purchase Agreement (JOINT Corp)

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