Common use of Indemnification Procedure Clause in Contracts

Indemnification Procedure. If any Proceeding is commenced against a party entitled to indemnification under this section, prompt notice of the Proceeding shall be given to the party obligated to provide such indemnification. The indemnifying party shall be entitled to take control of the defense, investigation or settlement of the Proceeding and the indemnified party agrees to reasonably cooperate, at the indemnifying party's cost in the ensuing investigations, defense or settlement.

Appears in 92 contracts

Samples: Broker Dealer Agreement (Ysmd, LLC), Broker Dealer Agreement (Ysmd, LLC), Broker Dealer Agreement (Med-X, Inc.)

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Indemnification Procedure. If any Proceeding is commenced against a party entitled to indemnification under this section, prompt notice of the Proceeding shall be given to the party obligated to provide such indemnification. The indemnifying party shall be entitled to take control of the defense, investigation or settlement of the Proceeding and the indemnified party agrees to reasonably cooperate, at the indemnifying party's ’s cost in the ensuing investigations, defense or settlement.

Appears in 33 contracts

Samples: Broker Dealer Agreement (Concreit Series LLC), Broker Dealer Agreement (CWS Investments Inc), Broker Dealer Agreement (Fearless Films, Inc.)

Indemnification Procedure. If any Proceeding is commenced against a party Party entitled to indemnification under this section, prompt notice of the Proceeding shall be given to the party Party obligated to provide such indemnification. The indemnifying party shall be entitled to take control of the defense, investigation or settlement of the Proceeding and the indemnified party agrees to reasonably cooperate, at the indemnifying party's cost in the ensuing investigations, defense or settlement.

Appears in 10 contracts

Samples: Broker Dealer Agreement (RSE Portfolio, LLC), Broker Dealer Agreement (RSE Portfolio, LLC), Broker Dealer Agreement (RSE Archive, LLC)

Indemnification Procedure. If any Proceeding is commenced against a party entitled to indemnification under this section, prompt notice of the Proceeding shall be given to the party obligated to provide such indemnification. The indemnifying party shall be entitled to take control of the defense, investigation or settlement of the Proceeding and the indemnified party agrees to reasonably cooperate, at the indemnifying party's cost in the ensuing investigations, defense or settlement.. The Dalmore Group LLC 0000 Xxxxxx xx Xxx Xxxxxxxx, 0xx Xxxxx, Xxx Xxxx, XX 00000 t. 917.319.3000

Appears in 3 contracts

Samples: Broker Dealer Agreement (Own Our Own Fund I, LLC), Broker Dealer Agreement (Own Our Own Fund I, LLC), Broker Dealer Agreement (Own Our Own Fund I, LLC)

Indemnification Procedure. If any Proceeding is commenced against a A party entitled to indemnification hereunder shall provide the indemnifying Party with prompt written notice of any claim, suit, action, demand, or judgment for which indemnification is sought under this section, prompt notice of the Proceeding shall be given to the party obligated to provide such indemnificationAgreement. The indemnifying party Party shall, at its own expense, provide attorneys reasonably acceptable to the other Party to defend against any such claim. The indemnified Party shall be entitled cooperate fully with the indemnifying Party in such defense and shall permit the indemnifying Party to take conduct and control of the defense, investigation or settlement of the Proceeding such defense and the indemnified party agrees disposition of such claim, suit, or action (including all decisions relative to reasonably cooperatelitigation, at the indemnifying party's cost in the ensuing investigationsappeal, defense or and settlement).

Appears in 3 contracts

Samples: License Agreement (VistaGen Therapeutics, Inc.), License Agreement (VistaGen Therapeutics, Inc.), License Agreement (VistaGen Therapeutics, Inc.)

Indemnification Procedure. If any Proceeding is commenced against a party entitled to indemnification under this section, prompt notice of the Proceeding shall be given to the party obligated to provide such indemnification. The indemnifying party shall be entitled to take control of the defense, investigation or settlement of the Proceeding and the indemnified party agrees to reasonably cooperate, at the indemnifying party's cost in the ensuing investigations, defense or settlement.. The Dalmore Group LLC 500 Xxxxx Xxxxx Xxxxxxxx, XX 00000 t. 917.319.3000 • f. 516.706.1875

Appears in 3 contracts

Samples: Broker Dealer Agreement (Startengine Crowdfunding, Inc.), Broker Dealer Agreement (GEAR Capital Inc.), Broker Dealer Agreement (Startengine Crowdfunding, Inc.)

Indemnification Procedure. If any Proceeding is commenced against a Indemnified Party shall give the indemnifying party entitled to indemnification under this section, Agreement prompt notice of any such claim or lawsuit (including a copy thereof) served upon it and shall fully cooperate with the Proceeding shall be given to indemnifying party and its legal representatives in the party obligated to provide such investigation of any matter the subject of indemnification. The indemnifying party Indemnified Party shall be entitled to take control not unreasonably withhold its approval of the defense, investigation or settlement of the Proceeding and the indemnified party agrees to reasonably cooperateany claim, at the indemnifying party's cost in the ensuing investigationsliability, defense or settlementaction covered by this Indemnification provision.

Appears in 2 contracts

Samples: Master Agreement (Advaxis, Inc.), Master Agreement (Advaxis, Inc.)

Indemnification Procedure. If any Proceeding is commenced against a party entitled to indemnification under this section, prompt notice of the Proceeding shall be given to the party obligated to provide such indemnification. The indemnifying party shall be entitled to take control of the defense, investigation or settlement of the Proceeding and the indemnified party agrees to reasonably cooperate, at the indemnifying party's ’s cost in the ensuing investigations, defense or settlement.

Appears in 1 contract

Samples: Broker Dealer Agreement (SStarTradeTech Inc.)

Indemnification Procedure. If any Proceeding is commenced against a party entitled to indemnification under this section, prompt notice of the Proceeding shall be given to the party obligated to provide such indemnification. The indemnifying party shall be entitled to take control of the defense, investigation or settlement of the Proceeding and the indemnified party agrees to reasonably cooperate, at the indemnifying party's ’s cost in the ensuing investigations, defense defense, or settlement.

Appears in 1 contract

Samples: Broker Dealer Agreement (Mansion Collection I LLC)

Indemnification Procedure. If any Proceeding is commenced against a party entitled to The Party seeking indemnification under this sectionsection shall promptly, prompt notice and in writing, notify the other Party of any claim as to which it intends to seek indemnification under this Agreement, and shall take such action as may be necessary to avoid default or other adverse consequences. The indemnified Party shall provide cooperation and participation of its personnel as required for the defense at the cost and expense of the Proceeding shall be given to the party obligated to provide such indemnification. The indemnifying party shall be entitled to take control of the defense, investigation or settlement of the Proceeding and the indemnified party agrees to reasonably cooperate, at the indemnifying party's cost in the ensuing investigations, defense or settlementParty.

Appears in 1 contract

Samples: www.theseo.tech

Indemnification Procedure. If any Proceeding is commenced against a The party entitled to seeking indemnification under this section, hereunder shall give the indemnifying party prompt notice of any such claim or lawsuit (including a copy thereof) served upon it and shall fully cooperate with the Proceeding shall be given to indemnifying party and its legal representatives in the party obligated to provide such investigation of any matter that is the subject of indemnification. The indemnifying party seeking indemnification shall be entitled to take control not unreasonably withhold its approval of the defense, investigation or settlement of the Proceeding and the indemnified party agrees to reasonably cooperateany claim, at the indemnifying party's cost in the ensuing investigationsliability, defense or settlementaction covered by this Indemnification provision.

Appears in 1 contract

Samples: General Services Agreement (Bioenvision Inc)

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Indemnification Procedure. If any Proceeding is commenced against a party entitled to indemnification under this section, prompt notice of the Proceeding shall be given to the party obligated to provide such indemnification. The indemnifying party shall be entitled to take control of the defense, investigation or settlement of the Proceeding and the indemnified party agrees to reasonably cooperate, at the indemnifying party's ’s cost in the ensuing investigations, defense or settlement.. The Dalmore Group LLC 000 Xxxxx Xxxxx Xxxxxxxx, XX 00000 t. 917.319.3000 ● f. 516.706.1875

Appears in 1 contract

Samples: Broker Dealer Agreement (Caary Capital Ltd.)

Indemnification Procedure. If any Proceeding is commenced against a party entitled to indemnification under this section, prompt notice of the Proceeding shall be given to the party obligated to provide such indemnification. The indemnifying party shall be entitled to take control of the defense, investigation or settlement of the Proceeding and the indemnified party agrees to reasonably cooperate, at the indemnifying party's cost in the ensuing investigations, defense or settlement.. The Dalmore Group LLC 000 Xxxxx Xxxxx Xxxxxxxx, XX 00000 t. 917.319.3000 • f. 516.706.1875

Appears in 1 contract

Samples: Broker Dealer Agreement (Chemesis International Inc.)

Indemnification Procedure. If any Proceeding is commenced against a Either party entitled who intends to claim their right of indemnification under this section, prompt hereunder shall promptly notify the other party when it receives notice of the Proceeding shall be given commencement of any action or proceeding related to the party obligated to provide such indemnification. The indemnifying claim or alleged liability, and such other party shall be entitled to take control of the defense, investigation or settlement of the Proceeding and the indemnified party agrees participate in such action with counsel satisfactory to reasonably cooperate, at the indemnifying party's cost in the ensuing investigations, defense or settlementboth parties.

Appears in 1 contract

Samples: Producer Agreement

Indemnification Procedure. If any Proceeding is commenced against a The party entitled to seeking indemnification under this section, hereunder shall give the indemnifying party prompt notice of any such claim or lawsuit (including a copy thereof) served upon it and shall fully cooperate with the Proceeding shall be given to indemnifying party and its legal representatives in the party obligated to provide such investigation of any matter which is the subject of indemnification. The indemnifying party seeking indemnification shall be entitled to take control not unreasonably withhold its approval of the defense, investigation or settlement of the Proceeding and the indemnified party agrees to reasonably cooperateany claim, at the indemnifying party's cost in the ensuing investigations, defense liability or settlementaction covered by this Indemnification provision.

Appears in 1 contract

Samples: Master Services Agreement (Dipexium Pharmaceuticals, LLC)

Indemnification Procedure. If any Proceeding is commenced against a party entitled to indemnification under this section, prompt notice of the Proceeding shall be given to the party obligated to provide such indemnification. The indemnifying party shall be entitled to take control of the defense, investigation or settlement of the Proceeding and the indemnified party agrees to reasonably cooperate, at the indemnifying party's ’s cost in the ensuing investigations, defense or settlement. Neither party shall be responsible to the other for any special, indirect, or consequential damages.

Appears in 1 contract

Samples: Broker Dealer Agreement (Fintor Assets, LLC)

Indemnification Procedure. If any Proceeding is commenced against a party entitled to indemnification under this section, prompt notice of the Proceeding shall be given to the party obligated to provide such indemnification. The indemnifying party shall be entitled to take control of controlof the defense, investigation or settlement of the Proceeding and the indemnified party agrees to reasonably cooperate, at the indemnifying party's cost in the ensuing investigations, defense or settlement.

Appears in 1 contract

Samples: Broker Dealer Agreement (Arrived Homes II, LLC)

Indemnification Procedure. If any Proceeding is commenced against a party entitled to indemnification under this section, prompt notice of the Proceeding shall be given to the party obligated to provide such indemnification. The indemnifying party shall be entitled to take control of the defense, investigation or settlement of the Proceeding and the indemnified party agrees to reasonably cooperate, at the indemnifying party's cost in the ensuing investigations, defense or settlement.. The Dalmore Group LLC 000 Xxxxx Xxxxx Xxxxxxxx, XX 00000 t. 917.319.3000 f. 516.706.1875

Appears in 1 contract

Samples: Broker Dealer Agreement (Chemesis International Inc.)

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