Common use of Joint Claims Clause in Contracts

Joint Claims. Distributing and Splitco will have the right to jointly control the defense, compromise or settlement of any Joint Claim; provided, however, that with respect to any Joint Claim arising under the LEXE Tax Sharing Agreement, the CHUB Tax Sharing Agreement or the LTRIP Tax Sharing Agreement (or otherwise subject to the indemnification provisions of the LEXE Tax Sharing Agreement, the CHUB Tax Sharing Agreement or the LTRIP Tax Sharing Agreement), Splitco’s rights to jointly control, or otherwise participate in the defense, compromise or settlement of, any such Joint Claim will be subject to the terms of the LEXE Tax Sharing Agreement, the CHUB Tax Sharing Agreement or the LTRIP Tax Sharing Agreement, as applicable. Distributing shall use reasonable efforts to provide Splitco with the right to jointly control with Distributing and otherwise participate in the defense, compromise or settlement of, any Joint Claim arising under the LEXE Tax Sharing Agreement, the CHUB Tax Sharing Agreement or the LTRIP Tax Sharing Agreement (or otherwise subject to the indemnification provisions of the LEXE Tax Sharing Agreement, the CHUB Tax Sharing Agreement or the LTRIP Tax Sharing Agreement), including taking action on behalf of Splitco (at the request of Splitco) to the extent any other party to the LEXE Tax Sharing Agreement, the CHUB Tax Sharing Agreement or the LTRIP Tax Sharing Agreement does not recognize Splitco’s ability to act thereunder; provided, however, that Distributing shall not be required to relinquish any rights that it has to control the defense, compromise or settlement of any such Joint Claim (other than to Splitco pursuant to the foregoing). No indemnified Company shall settle or compromise or consent to entry of any judgment with respect to any such Joint Claim without the prior written consent of the indemnifying Company, which consent may be withheld in the indemnifying Company’s sole discretion. No indemnifying Company shall settle or compromise or consent to entry of any judgment with respect to any such Joint Claim unless such settlement, compromise or consent (x) includes an unconditional release of the indemnified Company and (y) does not enjoin or restrict in any way the future actions or conduct of the indemnified Company (other than with respect to its performance hereunder).

Appears in 5 contracts

Samples: Tax Sharing Agreement, Tax Sharing Agreement (Gci Liberty, Inc.), Tax Sharing Agreement (Liberty Interactive Corp)

AutoNDA by SimpleDocs

Joint Claims. Distributing and Splitco Controlled will have the right to jointly control the defense, compromise or settlement of any Joint Claim; provided, however, that with respect to any Joint Claim arising under the LEXE Tax Sharing Agreement, the CHUB LEI Tax Sharing Agreement or the LTRIP Tax Sharing Matters Agreement (or otherwise subject to the indemnification provisions of the LEXE Tax Sharing Agreement, the CHUB LEI Tax Sharing Agreement or the LTRIP Tax Sharing Matters Agreement), Splitco’s Controlled's rights to jointly control, or otherwise participate in the defense, compromise or settlement of, any such Joint Claim will be subject to the terms of the LEXE Tax Sharing Agreement, the CHUB LEI Tax Sharing Agreement or the LTRIP Tax Sharing Matters Agreement, as applicable. Distributing shall use reasonable efforts to provide Splitco Controlled with the right to jointly control with Distributing and otherwise participate in the defense, compromise or settlement of, any Joint Claim arising under the LEXE Tax Sharing Agreement, the CHUB LEI Tax Sharing Agreement or the LTRIP Tax Sharing Matters Agreement (or otherwise subject to the indemnification provisions of the LEXE Tax Sharing Agreement, the CHUB LEI Tax Sharing Agreement or the LTRIP Tax Sharing Matters Agreement), including taking action on behalf of Splitco Controlled (at the request of SplitcoControlled) to the extent any other party to the LEXE Tax Sharing Agreement, the CHUB LEI Tax Sharing Agreement or the LTRIP Tax Sharing Matters Agreement does not recognize Splitco’s Controlled's ability to act thereunder; provided, however, that Distributing shall not be required to relinquish any rights that it has to control the defense, compromise or settlement of any such Joint Claim (other than to Splitco Controlled pursuant to the foregoing). No indemnified Company shall settle or compromise or consent to entry of any judgment with respect to any such Joint Claim without the prior written consent of the indemnifying Company, which consent may be withheld in the indemnifying Company’s 's sole discretion. No indemnifying Company shall settle or compromise or consent to entry of any judgment with respect to any such Joint Claim unless such settlement, compromise or consent (x) includes an unconditional release of the indemnified Company and (y) does not enjoin or restrict in any way the future actions or conduct of the indemnified Company (other than with respect to its performance hereunder).

Appears in 3 contracts

Samples: Ii Tax Sharing Agreement (Liberty Splitco, Inc.), Ii Tax Sharing Agreement (Liberty Splitco, Inc.), Ii Tax Sharing Agreement (Liberty Splitco, Inc.)

Joint Claims. Distributing and Splitco Spinco will have the right to jointly control the defense, compromise or settlement of any Joint Claim; provided, however, that with respect to any Joint Claim arising under the LEXE Tax Sharing Agreement, the CHUB Tax Sharing Agreement or the LTRIP Split-off Tax Sharing Agreement (or otherwise subject to the indemnification provisions of the LEXE Tax Sharing Agreement, the CHUB Tax Sharing Agreement or the LTRIP Split-off Tax Sharing Agreement), SplitcoSpinco’s rights to jointly control, or otherwise participate in the defense, compromise or settlement of, any such Joint Claim will be subject to the terms of the LEXE Split-off Tax Sharing Agreement, the CHUB Tax Sharing Agreement or the LTRIP Tax Sharing Agreement, as applicable. Distributing shall use reasonable efforts to provide Splitco Spinco with the right to jointly control with Distributing and otherwise participate in the defense, compromise or settlement of, any Joint Claim arising under the LEXE Tax Sharing Agreement, the CHUB Tax Sharing Agreement or the LTRIP Split-off Tax Sharing Agreement (or otherwise subject to the indemnification provisions of the LEXE Tax Sharing Agreement, the CHUB Tax Sharing Agreement or the LTRIP Split-off Tax Sharing Agreement), including taking action on behalf of Splitco Spinco (at the request of SplitcoSpinco) to the extent any other party to the LEXE Tax Sharing Agreement, the CHUB Tax Sharing Agreement or the LTRIP Split-off Tax Sharing Agreement does not recognize SplitcoSpinco’s ability to act thereunder; provided, however, that Distributing shall not be required to relinquish any rights that it has to control the defense, compromise or settlement of any such Joint Claim (other than to Splitco Spinco pursuant to the foregoing). No indemnified Company shall settle or compromise or consent to entry of any judgment with respect to any such Joint Claim without the prior written consent of the indemnifying Company, which consent may be withheld in the indemnifying Company’s sole discretion. No indemnifying Company shall settle or compromise or consent to entry of any judgment with respect to any such Joint Claim unless such settlement, compromise or consent (x) includes an unconditional release of the indemnified Company and (y) does not enjoin or restrict in any way the future actions or conduct of the indemnified Company (other than with respect to its performance hereunder).

Appears in 1 contract

Samples: Tax Sharing Agreement (Starz)

AutoNDA by SimpleDocs

Joint Claims. Distributing and Splitco Controlled will have the right to jointly control the defense, compromise or settlement of any Joint Claim; provided, however, that with respect to any Joint Claim arising under the LEXE Tax Sharing Agreement, the CHUB LEI Tax Sharing Agreement or the LTRIP Tax Sharing Matters Agreement (or otherwise subject to the indemnification provisions of the LEXE Tax Sharing Agreement, the CHUB LEI Tax Sharing Agreement or the LTRIP Tax Sharing Matters Agreement), SplitcoControlled’s rights to jointly control, or otherwise participate in the defense, compromise or settlement of, any such Joint Claim will be subject to the terms of the LEXE Tax Sharing Agreement, the CHUB LEI Tax Sharing Agreement or the LTRIP Tax Sharing Matters Agreement, as applicable. Distributing shall use reasonable efforts to provide Splitco Controlled with the right to jointly control with Distributing and otherwise participate in the defense, compromise or settlement of, any Joint Claim arising under the LEXE Tax Sharing Agreement, the CHUB LEI Tax Sharing Agreement or the LTRIP Tax Sharing Matters Agreement (or otherwise subject to the indemnification provisions of the LEXE Tax Sharing Agreement, the CHUB LEI Tax Sharing Agreement or the LTRIP Tax Sharing Matters Agreement), including taking action on behalf of Splitco Controlled (at the request of SplitcoControlled) to the extent any other party to the LEXE Tax Sharing Agreement, the CHUB LEI Tax Sharing Agreement or the LTRIP Tax Sharing Matters Agreement does not recognize SplitcoControlled’s ability to act thereunder; provided, however, that Distributing shall not be required to relinquish any rights that it has to control the defense, compromise or settlement of any such Joint Claim (other than to Splitco Controlled pursuant to the foregoing). No indemnified Company shall settle or compromise or consent to entry of any judgment with respect to any such Joint Claim without the prior written consent of the indemnifying Company, which consent may be withheld in the indemnifying Company’s sole discretion. No indemnifying Company shall settle or compromise or consent to entry of any judgment with respect to any such Joint Claim unless such settlement, compromise or consent (x) includes an unconditional release of the indemnified Company and (y) does not enjoin or restrict in any way the future actions or conduct of the indemnified Company (other than with respect to its performance hereunder).

Appears in 1 contract

Samples: Tax Sharing Agreement (Liberty Media Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.