Common use of Notice and Cooperation Clause in Contracts

Notice and Cooperation. If a Claim is asserted against a Party for which the Party would be liable under the provisions of this Section, it is a condition precedent to the indemnifying Party’s obligations hereunder that the indemnified Party gives the indemnifying Party written notice of such Claim setting forth full particulars of the Claim, as known by the indemnified Party, including a copy of the Claim (if it was a written Claim). The indemnified Party shall make a good faith effort to notify the indemnifying Party in writing within one (1) month of receipt of a Claim and shall in all events effect such notice within such time as will allow the indemnifying Party to defend against such Claim and no later than three (3) calendar months after receipt of the Claim by the indemnified Party. The notice of a Claim given hereunder is referred to as a “Claim Notice.”

Appears in 4 contracts

Samples: Purchase and Sale Agreement (Enterra Energy Trust), Purchase and Sale Agreement (Enterra Energy Trust), Purchase and Sale Agreement (Enterra Energy Trust)

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Notice and Cooperation. If a Claim is asserted against a Party party for which the Party party would be liable under the provisions of this SectionAgreement, it is a condition precedent to the indemnifying Partyparty’s obligations hereunder that the indemnified Party party gives the indemnifying Party party written notice of such Claim setting forth full particulars of the Claim, as known by the indemnified Partyparty, including a copy of the Claim (if it was a written Claim). .) The indemnified Party party shall make a good faith effort to notify the indemnifying Party in writing party within one (1) month of receipt of a Claim and shall in all events effect such notice within such time as will allow the indemnifying Party party to defend against such Claim and no later than three (3) calendar months after receipt of the Claim by the indemnified Partyparty. The notice of a Claim given hereunder is referred to as a “Claim Notice.”

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Southwestern Energy Co), Purchase and Sale Agreement (Parallel Petroleum Corp)

Notice and Cooperation. If a Claim is asserted against a Party party for which the Party party would be liable under the provisions of this SectionAgreement, it is a condition precedent to the indemnifying Party’s party's obligations hereunder that the indemnified Party party gives the indemnifying Party party written notice of such Claim setting forth full particulars of the Claim, as known by the indemnified Partyparty, including a copy of the Claim (if it was a written Claim). .) The indemnified Party party shall make a good faith effort to notify the indemnifying Party in writing party within one (1one(1) month of receipt of a Claim and shall in all events effect such notice within such time as will allow the indemnifying Party party to defend against such Claim and no later than three (3) calendar months after receipt of the Claim by the indemnified Partyparty. The notice of a Claim given hereunder is referred to as a "Claim Notice."

Appears in 1 contract

Samples: Participation Agreement (Baron Energy Inc.)

Notice and Cooperation. If a Claim is asserted against a Party party for which the Party party would be liable under the provisions of this SectionAgreement, it is a condition precedent to the indemnifying Party’s party's obligations hereunder that the indemnified Party party gives the indemnifying Party party written notice of such Claim setting forth full particulars of the Claim, as known by the indemnified Partyparty, including a copy of the Claim (if it was a written Claim). .) The indemnified Party party shall make a good faith effort to notify the indemnifying Party in writing party within one (1) month of receipt of a Claim and shall in all events effect such notice within such time as will allow the indemnifying Party party to defend against such Claim and no later than three (3) calendar months after receipt of the Claim by the indemnified Partyparty. The notice of a Claim given hereunder is referred to as a "Claim Notice."

Appears in 1 contract

Samples: Purchase and Sale Agreement (Bellwether Exploration Co)

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Notice and Cooperation. If a Claim is asserted against a Party party for which the Party would other party may be liable under the provisions of this SectionArticle, it is a condition precedent to the indemnifying Party’s party's obligations hereunder that the indemnified Party party gives the indemnifying Party party written notice of such Claim setting forth full particulars of the Claim, as known by the indemnified Partyparty, including a copy of the Claim (if it was a written Claimthe Claim is in writing). The indemnified Party party shall make a good faith effort to notify the indemnifying Party in writing party within one three (13) month months of receipt of a Claim and shall in all events effect such notice within such time as will allow the indemnifying Party party to defend against such Claim and no later than three (3) calendar months after receipt of the Claim by the indemnified PartyClaim. The notice of a Claim given hereunder is referred to as a "Claim Notice."

Appears in 1 contract

Samples: Purchase and Sale Agreement (Evergreen Resources Inc)

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