Indemnity Procedure. (i) In the event a party seeks indemnification pursuant to this Section 12, the Indemnified Party shall give prompt notice to the party or parties from whom such indemnification is sought of the assertion of any claim, or the commencement of any action or proceeding, in respect of which indemnity may be sought hereunder.
Appears in 2 contracts
Samples: Merger Agreement (Unity Wireless Corp), Merger Agreement (Unity Wireless Corp)
Indemnity Procedure. (i) i. In the event a party seeks indemnification pursuant to this Section 1213, the Indemnified Party shall give prompt notice to the party or parties from whom such indemnification is sought of the assertion of any claim, or the commencement of any action or proceeding, in respect of which indemnity may be sought hereunder.
Appears in 2 contracts
Samples: Purchase Agreement (Unity Wireless Corp), Purchase Agreement (Unity Wireless Corp)
Indemnity Procedure. (i) In the event a party seeks indemnification pursuant to this Section 12β14, the Indemnified Party shall give prompt notice to the party or parties from whom such indemnification is sought of the assertion of any claim, or the commencement of any action or proceeding, in respect of which indemnity may be sought hereunder.
Appears in 1 contract
Samples: Merger Agreement (Nutrition 21 Inc)
Indemnity Procedure. (i) In the event a party any person indemnified under this Section (an "Indemnified Party") seeks indemnification pursuant to this Section 12Agreement, the Indemnified Party shall give prompt notice to the party or parties from whom such indemnification is sought (the "Indemnifying Party") of the assertion of any claim, or the commencement of any action or proceeding, in respect of which indemnity may be sought hereunder.
Appears in 1 contract
Samples: Agreement of Purchase and Sale of Assets (Ambi Inc)
Indemnity Procedure. (i) In the event a party seeks indemnification pursuant to this Section 1213, the Indemnified Party shall give prompt notice to the party or parties from whom such indemnification is sought of the assertion of any claim, or the commencement of any action or proceeding, in respect of which indemnity may be sought hereunder.
Appears in 1 contract
Indemnity Procedure. (i) In the event a party seeks indemnification pursuant to this Section 12Agreement (the "Indemnified Party"), the Indemnified Party shall give prompt notice to the party or parties from whom such indemnification is sought (the "Indemnifying Party") of the assertion of any claim, or the commencement of any action or proceeding, in respect of which indemnity may be sought hereunder.
Appears in 1 contract
Samples: Employment Agreement (Alliance Distributors Holding Inc.)