Common use of Third Party Suits Clause in Contracts

Third Party Suits. (a) F5 Finishes shall promptly give written Notice to Shareholder of any Third Party Suit, which may be given by written Notice of an Indemnification Claim in respect of the Third Party Suit. F5 Finishes’ failure or delay in giving this Notice shall not relieve Shareholder from his indemnification obligation under this Article 10 in respect of the Third Party Suit, except to the extent that Shareholder suffers or incurs a loss or is prejudiced by reason of F5 Finishes’ failure or delay.

Appears in 4 contracts

Samples: Combination Agreement (F5 Finishes, Inc), Combination Agreement (F5 Finishes, Inc), Combination Agreement (F5 Finishes, Inc)

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Third Party Suits. (a) F5 Finishes shall promptly give written Notice to Shareholder the Shareholders of any Third Party Suit, which may be given by written Notice of an Indemnification Claim in respect of the Third Party Suit. F5 Finishes’ failure or delay in giving this Notice shall not relieve Shareholder the Shareholders from his their indemnification obligation under this Article 10 in respect of the Third Party Suit, except to the extent that Shareholder suffers the Shareholders suffer or incurs incur a loss or is are prejudiced by reason of F5 Finishes’ failure or delay.

Appears in 2 contracts

Samples: Combination Agreement (F5 Finishes, Inc), Combination Agreement (F5 Finishes, Inc)

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