Common use of Defense by Indemnifying Party Clause in Contracts

Defense by Indemnifying Party. (a) If a claim or demand is asserted by a third Person against an Indemnified Party (a “Third Party Claim”), the Indemnifying Party shall, except as otherwise provided in Section 6.3.4(b), have the right, but not the obligation, exercisable by notice to the Indemnified Party within 10 Business Days of the date of receipt of the Notice of Claim concerning the commencement or assertion of any Third Party Claim, to assume the defense of such Third Party Claim.

Appears in 2 contracts

Samples: Merger Agreement (ICF International, Inc.), Agreement and Plan of Merger (ICF International, Inc.)

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Defense by Indemnifying Party. (a) If a claim or demand is asserted by a third Person against an Indemnified Party Person (a “Third Party Claim”), the Indemnifying Party shall, except as otherwise provided in Section 6.3.4(b), have the right, but not the obligation, exercisable by notice to the Indemnified Party within 10 Business Days days of the date of receipt of the Notice of Claim concerning the commencement or assertion of any Third Party Claim, to assume the defense of such Third Party Claim.

Appears in 2 contracts

Samples: Membership Purchase Agreement (Vse Corp), Share Purchase Agreement (Vse Corp)

Defense by Indemnifying Party. (a) If a claim or demand is asserted by a third Person against an Indemnified Party Person (a "Third Party Claim"), the Indemnifying Party shall, except as otherwise provided in Section 6.3.4(b), have the right, but not the obligation, exercisable by notice to the Indemnified Party within 10 Business Days days of the date of receipt of the Notice of Claim concerning the commencement or assertion of any Third Party Claim, to assume the defense of such Third Party Claim.

Appears in 2 contracts

Samples: Share Purchase Agreement (Vse Corp), Share Purchase Agreement (Vse Corp)

Defense by Indemnifying Party. (a) If a claim or demand is asserted by a third Person against an Indemnified Party (a “Third Party Claim”), the Indemnifying Party shall, except as otherwise provided in Section 6.3.4(b), have the right, but not the obligation, exercisable by notice to the Indemnified Party within 10 Business Days days of the date of receipt of the Notice of Claim concerning the commencement or assertion of any Third Party Claim, to assume the defense of such Third Party Claim.

Appears in 1 contract

Samples: Share Purchase Agreement (ICF International, Inc.)

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Defense by Indemnifying Party. (a) 5.4.1 If a claim or demand is asserted by a third Person against an Indemnified Party (a “Third Party Claim”), the Indemnifying Party shall, except as otherwise provided in Section 6.3.4(b)5.4.2, have the right, but not the obligation, exercisable by notice to the Indemnified Party within 10 Business Days days of the date of receipt of the Notice of Claim concerning the commencement or assertion of any Third Party Claim, to assume the defense of such Third Party Claim.

Appears in 1 contract

Samples: Share Purchase Agreement (Braintech Inc)

Defense by Indemnifying Party. (a) If a claim or demand is asserted by a third Person against an Indemnified Party Person (a "Third Party Claim"), the Indemnifying Party shall, except as otherwise provided in Section 6.3.4(b5.2.4(b), have the right, but not the obligation, exercisable by notice to the Indemnified Party within 10 Business Days days of the date of receipt of the Notice of Claim concerning the commencement or assertion of any Third Party Claim, to assume the defense of such Third Party Claim.

Appears in 1 contract

Samples: Stock Purchase Agreement (Vse Corp)

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