Limitation on the Indemnification Obligation. (a) No party required to provide indemnification under this Section 4 (the "Indemnifying Party") shall be liable, and shall have any indemnification obligation hereunder, for any amounts paid in settlement by any party entitled to indemnification hereunder (the "Indemnified Party") of any such loss, claim, damage, liability or action if such settlement is effected without the consent of the Indemnifying Party (which consent shall not be unreasonably withheld).
Appears in 5 contracts
Samples: Common Stock Purchase Agreement (Media Sciences International Inc), Registration Rights Agreement (Media Sciences International Inc), Registration Rights Agreement (Media Sciences International Inc)
Limitation on the Indemnification Obligation. (a) No party required to provide indemnification under this Section 4 (the "“Indemnifying Party"”) shall be liable, and shall have any indemnification obligation hereunder, for any amounts paid in settlement by any party entitled to indemnification hereunder (the "“Indemnified Party"”) of any such loss, claim, damage, liability or action if such settlement is effected without the consent of the Indemnifying Party (which consent shall not be unreasonably withheld).
Appears in 4 contracts
Samples: Registration Rights Agreement (Argan Inc), Employment Agreement (Cyberguard Corp), Stock Purchase and Sale Agreement (Cyberguard Corp)
Limitation on the Indemnification Obligation. (a) No party required to provide indemnification under this Section 4 3 (the "“Indemnifying Party"”) shall be liable, and nor shall it have any indemnification obligation hereunder, for any amounts paid in settlement by any party entitled to indemnification hereunder (the "“Indemnified Party"”) of any such loss, claim, damage, liability or action if such settlement is effected without the consent of the Indemnifying Party (which consent shall not be unreasonably withheld).
Appears in 1 contract
Limitation on the Indemnification Obligation. (a) No party required to provide indemnification under this Section 4 3 (the "“Indemnifying Party"”) shall be liable, and shall have any indemnification obligation hereunder, for any amounts paid in settlement by any party entitled to indemnification hereunder (the "“Indemnified Party"”) of any such loss, claim, damage, liability or action if such settlement is effected without the consent of the Indemnifying Party (which consent shall not be unreasonably withheld).
Appears in 1 contract
Limitation on the Indemnification Obligation. (a) No party required to provide indemnification under this Section 4 3 (the "Indemnifying Party") shall be liable, and shall have any indemnification obligation hereunder, for any amounts paid in settlement by any party entitled to indemnification hereunder (the "Indemnified Party") of any such loss, claim, damage, liability or action if such settlement is effected without the consent of the Indemnifying Party (which consent shall not be unreasonably withheld).
Appears in 1 contract
Samples: Registration Rights Agreement (Psychiatric Solutions Inc)
