Indemnifying Party definition

Indemnifying Party shall have the meaning set forth in Section 5(c).

Indemnifying Party has the meaning set forth in Section 7.3.

Indemnifying Party has the meaning set forth in Section 8.05.

Examples of Indemnifying Party in a sentence

• Where the Indemnifying Party controls and directs the investigation of the defence of the Indemnified Claim, the Indemnified Party may retain separate counsel at its own expense.

• The Indemnified Party shall be entitled, at its expense, to participate in any such action, suit or proceeding, the defense of which has been assumed by the Indemnifying Party.

• The failure to notify the Indemnifying Party will not relieve such Party of any liability under this Section, except to the extent that such failure materially prejudices the investigation and/or defense of the Indemnified Claim.

• The failure to give such prompt written notice shall not, however, relieve the Indemnifying Party of its indemnification obligations, except and only to the extent that the Indemnifying Party forfeits rights or defenses by reason of such failure.

• In such instances, the Indemnifying Party shall only be required to pay the fees and expenses of one additional attorney to represent an Indemnified Party or Indemnified Parties having such differing or additional legal defenses.

More Definitions of Indemnifying Party

Indemnifying Party has the meaning set forth in Section 9.4(a).

Indemnifying Party is defined in Section 4.3.

Indemnifying Party has the meaning set forth in Section 6.04(a).

Indemnifying Party shall have the meaning set forth in Section 4.4(a).

Indemnifying Party shall have the meaning set forth in Section 10.3.

Indemnifying Party shall have the meaning set forth in Section 8.4(a).

Indemnifying Party shall have the meaning set forth in Section 2.6(c) hereto.