FAILING TO ASSUME THE DEFENSE Sample Clauses

FAILING TO ASSUME THE DEFENSE. If the indemnifying party fails to participate in or assume the defense within 15 days after receiving notice of the action, the indemnifying party is bound by any determination made in the action or by any compromise or settlement made by the other party.
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FAILING TO ASSUME THE DEFENSE. If the indemnifying party fails to participate in or assume the defense within 30 days after receiving notice of the action, the indemnifying party is bound by any determination made in the action or by any compromise or settlement made by the other party. Sub-Administration and Accounting Services Agreement Page 21 of 51 as of December 3, 2007 between PFPC, Inc. and HighMark Capital Management, Inc.

Related to FAILING TO ASSUME THE DEFENSE

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  • Returning to Work (a) Returning to work early

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