Conditions Precedent to Indemnification. It shall be a condition precedent to the obligation of the Receiver to indemnify any Person pursuant to this Article XII that such Person shall, with respect to any claim made or threatened against such Person for which such Person is or may be entitled to indemnification hereunder:
Conditions Precedent to Indemnification. It is a condition precedent to the obligation of the Receiver to indemnify any Indemnitee pursuant to this Article XII that the Indemnitee will, with respect to any claim made or threatened against that Indemnitee for which that Indemnitee is or may be entitled to indemnification under this Article XII:
Conditions Precedent to Indemnification. It shall be a condition precedent to the obligation of the Receiver to indemnify any Person pursuant to this Article XII that such Person shall, with respect to any claim made or threatened against such Person for which such Person is or may be entitled to indemnification hereunder: Whole Bank P&A w/Loss Sharing COUNTY BANK 6 February 2009 MERCED, CA
Conditions Precedent to Indemnification. It shall be a condition precedent to the obligation of the Receiver to indemnify any Person pursuant to this Article XII that such Person shall, with respect to any claim made or threatened against such Person for which such Person is or may be entitled to indemnification hereunder: Fixed Price Whole Bank w/ Optional Shared Loss Agreements 38 Old Harbor Bank Version 3.2 – PURCHASE AND ASSUMPTION AGREEMENT Clearwater, Florida July 15, 2011
Conditions Precedent to Indemnification. It shall be a condition precedent to the obligation of the Receiver to indemnify any Person pursuant to this Article XII that such Execution Copy Whole Bank P&A Washington Mutual Bank Henderson, Nevada Person shall, with respect to any claim made or threatened against such Person for which such Person is or may be entitled to indemnification hereunder:
Conditions Precedent to Indemnification. The obligations of one --------------------------------------- party to indemnify the other party will be conditioned upon the indemnified party: (i) providing the indemnifying party with prompt notice of any such claim; (ii) allows the indemnifying party sole control over the defense and settlement of such claim; (iii) provides the indemnifying party with the information and assistance necessary for such defense and settlement of such claims; and (iv) does not enter into any settlement with respect to such claim.
Conditions Precedent to Indemnification. It shall be a condition precedent to the obligation of the Receiver to indemnify any Person pursuant to this Article XII that such Person shall, with respect to any claim made or threatened against such Person for which such Person is or may be entitled to indemnification hereunder: (a) give written notice to the Regional Counsel (Litigation Branch) of the Corporation in the manner and at the address provided in Section 13.6 of such claim as soon as practicable after such claim is made or threatened; provided that notice must be given on or before the date which is six (6) years from the date of this Agreement; (b) provide to the Receiver such information and cooperation with respect to such claim as the Receiver may reasonably require; (c) cooperate and take all steps, as the Receiver may reasonably require, to preserve and protect any defense to such claim; (d) in the event suit is brought with respect to such claim, upon reasonable prior notice, afford to the Receiver the right, which the Receiver may exercise in its sole and absolute discretion, to conduct the investigation, control the defense and effect settlement of such claim, including without limitation the right to designate counsel and to control all negotiations, litigation, arbitration, settlements, compromises and appeals of any such claim, all of which shall be at the expense of the Receiver; provided that the Receiver shall have notified the Person
Conditions Precedent to Indemnification. It shall be a condition precedent to the obligation of CIB or PNB, as the case may be, to indemnify any person pursuant to this Article XII that such person shall, with respect to any claim made or threatened against such person for which such person is or may be entitled to indemnification hereunder:
Conditions Precedent to Indemnification. It is a condition precedent to the obligation of the Receiver to indemnify any Indemnitee pursuant to this Article XII that the Version 13.2 PURCHASE AND ASSUMPTION AGREEMENT SIGNATURE BRIDGE BANK, NA New York, New York
Conditions Precedent to Indemnification. 9.03 The foregoing indemnities are conditional on (i) prompt written notice by the party seeking indemnification; (ii) cooperation in the defense of the claim, demand, or action; and (iii) the obtaining of prior written approval by the indemnifying party of any settlement or offer of settlement. NO RECOVERY FOR CONSEQUENTIAL DAMAGES
