Common use of Contribution Procedure Clause in Contracts

Contribution Procedure. Within fifteen days after receipt by any party to this Agreement (or its representative) of notice of the commencement of any Proceeding, such party will, if a claim for contribution in respect thereof is to be made against another party (“Contributing Party”), notify the Contributing Party of the commencement thereof, but the omission to so notify the Contributing Party will not relieve it from any liability which it may have other than for contribution hereunder. In case any such Proceeding is brought against any party, and such party notifies a Contributing Party or its representative of the commencement thereof within the aforesaid fifteen days, the Contributing Party will be entitled to participate therein with the notifying party and any other Contributing Party similarly notified. Any such Contributing Party shall not be liable to any party seeking contribution on account of any settlement of any Proceeding affected by such party seeking contribution without the written consent of such Contributing Party. The contribution provisions contained in this Section are intended to supersede, to the extent permitted by law, any right to contribution under the Act, the Exchange Act or otherwise available.

Contribution Procedure. Within fifteen 15 days after receipt by any party to this Agreement (or its representative) of notice of the commencement of any Proceedingaction, suit or proceeding, such party will, if a claim for contribution in respect thereof is to be made against another party (“Contributing Party”"contributing party"), notify the Contributing Party contributing party of the commencement thereof, but the omission failure to so notify the Contributing Party contributing party will not relieve it from any liability which it may have to any other party other than for contribution hereunder. In case any such Proceeding action, suit or proceeding is brought against any party, and such party notifies a Contributing Party contributing party or its representative of the commencement thereof within the aforesaid fifteen days, the Contributing Party contributing party will be entitled to participate therein with the notifying party and any other Contributing Party contributing party similarly notified. Any such Contributing Party contributing party shall not be liable to any party seeking contribution on account of any settlement of any Proceeding claim, action or proceeding affected by such party seeking contribution without the written consent of such Contributing Partycontributing party. The contribution provisions contained in this Section 6.4 are intended to supersede, to the extent permitted by law, any right to contribution under the Securities Act, the Exchange Act or otherwise available.

Contribution Procedure. Within fifteen days after receipt by any party to this Agreement (or its representative) of notice of the commencement of any Proceedingaction, suit or proceeding, such party will, if a claim for contribution in respect thereof is to be made against another party (“Contributing Partycontributing party”), notify the Contributing Party contributing party of the commencement thereof, but the omission failure to so notify the Contributing Party contributing party will not relieve it from any liability which it may have to any other party other than for contribution hereunder. In case any such Proceeding action, suit or proceeding is brought against any party, and such party notifies a Contributing Party contributing party or its representative of the commencement thereof within the aforesaid fifteen days, the Contributing Party contributing party will be entitled to participate therein with the notifying party and any other Contributing Party contributing party similarly notified. Any ​ such Contributing Party contributing party shall not be liable to any party seeking contribution on account of any settlement of any Proceeding claim, action or proceeding affected by such party seeking contribution without the written consent of such Contributing Partycontributing party. The contribution provisions contained in this Section 6.4 are intended to supersede, to the extent permitted by law, any right to contribution under the Securities Act, the Exchange Act or otherwise available.