Assumption of Defence. 6.1 The Company may participate, at its expense, in the defence of any Eligible Proceeding, other than a Derivative Action, brought against the Indemnified Party and may elect, by notice in writing to the Indemnified Party given no later than 30 days after receipt of the Indemnified Party’s notice under Section 9.1, to assume control of the negotiation, settlement or defence of that Eligible Proceeding with counsel reasonably satisfactory to the Indemnified Party, unless at any time:
Appears in 4 contracts
Samples: Indemnity Agreement (Strong Global Entertainment, Inc.), Indemnity Agreement (Strong Global Entertainment, Inc), Indemnity Agreement (Strong Global Entertainment, Inc)