Common use of Defense; Settlement Clause in Contracts

Defense; Settlement. The indemnified party shall deliver to the indemnifying party prompt notice of any claims of third parties that require indemnification hereunder. The indemnifying party shall have the right to assume the good faith defense, compromise or settlement of any such claim (without prejudice to the right of the indemnified party to participate in such defense) at its own expense through attorneys reasonably acceptable to the indemnified party, but may not, without the prior written consent of the indemnified party, agree or consent to (a) any injunctive relief or restrictions affecting the indemnified party; or (b) any settlement that would adversely affect the business or operations of the indemnified party. If the * Confidential Treatment Requested indemnifying party does not elect to defend such claim or suit within ten days after having received notice thereof or fails to prosecute its defense diligently, the indemnified party may in its sole discretion defend against such claim or suit at the indemnifying party’s expense. The indemnified party may thereafter elect to settle such claim or suit or otherwise enter into a compromise with the claimant.

Defense; Settlement. The indemnified party shall deliver to give the indemnifying party reasonably prompt notice of any claims of third parties that require Third Parties as to which it proposes to demand indemnification hereunder. The indemnifying party shall have the right to assume the good faith defense, compromise compromise, or settlement of any such claim (without prejudice to the right of the indemnified party to participate in such defense) at its own expense through attorneys reasonably acceptable to the indemnified party, but may not, without the prior written consent of the indemnified party, party agree or consent to (ai) any injunctive relief or restrictions affecting the indemnified party; party or (bii) any settlement that which would adversely affect the business or operations of the indemnified party, including, without limitation, any admission of wrongdoing or fault by the indemnified party. If the * Confidential Treatment Requested indemnifying party does not elect to defend such claim or suit within ten (10) days after having received written notice thereof or fails to prosecute its defense diligently, the indemnified party may in at its sole discretion defend against such claim or suit at the indemnifying party’s expense. The indemnified party may thereafter elect to settle such claim or suit or otherwise enter into a compromise with the claimant.

Defense; Settlement. The indemnified party Party shall deliver to give the indemnifying party Party prompt notice of any claims of third parties that require as to which it proposes to demand indemnification hereunder. The indemnifying party Party shall have the right to assume the good faith defense, compromise or settlement of any such claim (without prejudice to the right of the indemnified party Party to participate in such defense) at its own expense through attorneys reasonably acceptable to the indemnified partyParty, but may not, without the prior written consent of the indemnified party, Party agree or consent to (ai) any injunctive relief or restrictions affecting the indemnified party; Party, or (bii) any settlement that which would adversely affect the business or operations of the indemnified partyParty. If the * Confidential Treatment Requested indemnifying party Party does not elect to defend such claim or suit within ten thirty (30) days after having received notice thereof or fails to prosecute its defense diligently, the indemnified party Party may in at its sole discretion defend against such claim or suit at the indemnifying partyParty’s expense. The indemnified party Party may thereafter elect to settle such claim or suit or otherwise enter into a compromise with the claimant.

Defense; Settlement. The indemnified party shall deliver to give the indemnifying party reasonably prompt notice of any claims of third parties that require Third Parties as to which it proposes to demand indemnification hereunder. The indemnifying party shall have the right to assume the good faith defense, compromise or settlement of any such claim (without prejudice to the right of the Portions of this Exhibit were omitted and have been filed separately with the Secretary of the Commission pursuant to the Registrant’s application requesting confidential treatment pursuant to Rule 406 of the Securities Act of 1933, as amended. indemnified party to participate in such defense) at its own expense through attorneys reasonably acceptable to the indemnified party, but may not, without the prior written consent of the indemnified party, party agree or consent to (ai) any injunctive relief or restrictions affecting the indemnified party; , or (bii) any settlement that which would adversely affect the business or operations of the indemnified party, including, without limitation, any admission of wrongdoing or fault by the indemnified party. If the * Confidential Treatment Requested indemnifying party does not elect to defend such claim or suit within ten (10) days after having received written notice thereof or fails to prosecute its defense diligently, the indemnified party may in at its sole discretion defend against such claim or suit at the indemnifying party’s expense. The indemnified party may thereafter elect to settle such claim or suit or otherwise enter into a compromise with the claimant.

Defense; Settlement. The indemnified party shall deliver to the indemnifying party prompt notice of any claims of third parties that require indemnification hereunder. The indemnifying party shall have the right to assume the good faith defense, compromise or settlement of any such claim (without prejudice to the right of the indemnified party to participate in such defense) at its own expense through attorneys reasonably acceptable to the indemnified party, but may not, without the prior written consent of the indemnified party, agree or consent to (a) any injunctive relief or restrictions affecting the indemnified party; or (b) any settlement that would adversely affect the business or operations of the indemnified party. If the * Confidential Treatment Requested Requested. See legend on the first page of this exhibit. indemnifying party does not elect to defend such claim or suit within ten days after having received notice thereof or fails to prosecute its defense diligently, the indemnified party may in its sole discretion defend against such claim or suit at the indemnifying party’s expense. The indemnified party may thereafter elect to settle such claim or suit or otherwise enter into a compromise with the claimant.

Defense; Settlement. The indemnified party shall deliver to give the indemnifying party reasonably prompt notice of any claims of third parties that require as to which it proposes to demand indemnification hereunder. The indemnifying party shall have the right to assume the good faith defense, compromise or settlement of any such claim (without prejudice to the right of the indemnified party to participate in such defense) at its own expense through attorneys reasonably acceptable to the indemnified party, but may not, without the prior written consent of the indemnified party, party agree or consent to (ai) any injunctive relief or restrictions affecting the indemnified party; , or (bii) any settlement that which would adversely affect the business or operations of the indemnified party. If the * Confidential Treatment Requested indemnifying party does not elect to defend such claim or suit within ten (10) days after having received notice thereof or fails to prosecute its defense diligently, the indemnified party may in at its sole discretion defend against such claim or suit at the indemnifying party’s 's expense. The indemnified party may thereafter elect to settle such claim or suit or otherwise enter into a compromise with the claimant.