CLAIM DEFENSE. Any party obligated to provide indemnification hereunder with respect to a Claim shall be entitled to control the defense and settlement of the Claim, provided the indemnifying party shall act reasonably and in good faith with respect to all matters relating to the settlement or disposition of the Claim. The indemnified party shall reasonably cooperate in the investigation, defense and settlement of a Claim for which indemnification is sought hereunder and shall provide prompt notice of the Claim to the indemnifying party. The indemnified party shall have the right to retain separate legal counsel at its own expense.
Appears in 4 contracts
Samples: Royalty Stream Purchase Agreement (Accentia Biopharmaceuticals Inc), Master Services Agreement (Biovest International Inc), Master Services Agreement (Corcept Therapeutics Inc)
