Common use of No obligation to take legal action Clause in Contracts

No obligation to take legal action. Escrow Agent shall not be under any obligation to take any legal action in connection with this Indemnification Agreement or for its enforcement, or to appear in, prosecute, or defend any action or legal proceeding which, in its opinion, would or might involve it in any costs, expenses, loss, or liability, unless (and as often as required by it) it is furnished with satisfactory security and indemnity against all such costs, expenses, losses, or liabilities.

No obligation to take legal action. Escrow Agent shall not be under any -------------------------------------- obligation to take any legal action in connection with this Indemnification Agreement or for its enforcement, or to appear in, prosecute, or defend any action or legal proceeding which, in its opinion, would or might involve it in any costs, expensesexpense, loss, loss or liability, unless (and as often as required by it) , it is furnished with satisfactory security and indemnity against all such costs, expenses, losses, or liabilities.

No obligation to take legal action. Escrow Agent shall not be under any obligation to take any legal action in connection with this Indemnification Funds Escrow Agreement or for its enforcement, or to appear inappear, prosecute, prosecute or defend any action or legal proceeding which, in its opinion, would or might involve it in any costs, expensesexpense, loss, loss or liability, liability unless (and as often as required by it) , it is shall be furnished with satisfactory security and indemnity satisfactory against all such costs, expenses, losses, losses or liabilities.

No obligation to take legal action. The Escrow Agent shall not be under any will have no obligation to take any legal action in connection with this Indemnification Agreement or for toward its enforcement, or to appear in, prosecute, prosecute or defend any action or legal proceeding which, in its opinion, which would or might involve it in any costs, expensesexpense, loss, loss or liability, liability unless (and as often as required by it) it is furnished with satisfactory security and indemnity against all such costsindemnity, expenses, losses, or liabilitiesas provided herein shall be furnished.

No obligation to take legal action. Escrow Agent shall not be under any obligation to take any legal action in connection with this Indemnification Escrow Agreement or for its enforcement, or to appear in, prosecute, or defend any action or legal proceeding which, in its opinion, would or might involve it in any costs, expensesexpense, loss, or liability, unless (unless, and as often as reasonably required by it) , it is furnished with reasonably satisfactory security and indemnity against all such costs, expenses, losses, or liabilities.