Common use of Notice of Proceeding Clause in Contracts

Notice of Proceeding. Indemnitee agrees to notify the Company promptly upon being served with any summons, citation, subpoena, complaint, indictment, information or other document relating to any Proceeding or matter which may be subject to indemnification or advancement of Expenses hereunder. Any failure by Indemnitee to notify the Company will relieve the Company of its advancement or indemnification obligations under this Agreement only to the extent the Company can establish that such omission to notify resulted in actual prejudice to it, and the omission to notify the Company will, in any event, not relieve the Company from any liability which it may have to indemnify Indemnitee or advance Expenses to Indemnitee otherwise than under this Agreement. If, at the time of receipt of any such notice, the Company has director and officer insurance policies in effect, the Company will promptly notify the relevant insurers in accordance with the procedures and requirements of such policies.

Appears in 7 contracts

Samples: Form of Indemnification Agreement (Forum Energy Technologies, Inc.), Indemnification Agreement (Forum Energy Technologies, Inc.), Indemnification Agreement (Forum Energy Technologies, Inc.)

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Notice of Proceeding. Indemnitee agrees to notify the Company Companies promptly upon being served with any summons, citation, subpoena, complaint, indictment, information or other document relating to any Proceeding or matter which may be subject to indemnification or advancement of Expenses hereunder. Any failure by Indemnitee to notify the any Company will relieve the such Company of its advancement or indemnification obligations under this Agreement only to the extent the such Company can establish that such omission to notify resulted in actual prejudice to it, and the omission to notify the such Company will, in any event, not relieve the any Company from any liability which it may have to indemnify Indemnitee or advance Expenses to Indemnitee otherwise than under this Agreement. If, at the time of receipt of any such notice, the Company has Companies have director and officer insurance policies in effect, the Company Companies will promptly notify the relevant insurers in accordance with the procedures and requirements of such policies.

Appears in 6 contracts

Samples: Form of Director Indemnification Agreement (New Source Energy Partners L.P.), Form of Director Indemnification Agreement (New Source Energy Partners L.P.), Form of Director Indemnification Agreement (QR Energy, LP)

Notice of Proceeding. Indemnitee agrees to notify the Company promptly upon being served with any summons, citation, subpoena, complaint, indictment, information or other document relating to any Proceeding or matter which may be subject to indemnification or advancement of Expenses hereunder. Any failure by Indemnitee to notify the Company will relieve the Company of its advancement or indemnification obligations under this Agreement only to the extent the Company can establish that such omission to notify resulted in actual prejudice to it, and the omission to notify the Company will, in any event, not relieve the Company from any liability which it may have to indemnify Indemnitee or advance Expenses to Indemnitee otherwise than under this Agreement. If, at the time of receipt of any such notice, the Company has director and officer insurance policies in effect, the Company it will promptly notify the relevant insurers in accordance with the procedures and requirements of such policies.

Appears in 3 contracts

Samples: Indemnification Agreement (Mattress Firm Holding Corp.), Indemnification Agreement (Mattress Firm Holding Corp.), Indemnification Agreement (Michaels Companies, Inc.)

Notice of Proceeding. Indemnitee agrees to notify the Company Companies promptly upon being served with any summons, citation, subpoena, complaint, indictment, information or other document relating to any Proceeding or matter which may be subject to indemnification or advancement of Expenses hereunder. Any failure by Indemnitee to notify the any Company will relieve the such Company of its advancement advancement, indemnification or indemnification contribution obligations under this Agreement only to the extent the such Company can establish that such omission to notify resulted in actual material prejudice to it, and the omission to notify the such Company will, in any event, not relieve the any Company from any liability which it may have to indemnify Indemnitee or advance Expenses to Indemnitee otherwise than under this Agreement. If, at the time of receipt of any such notice, the Company has Companies have director and officer insurance policies in effect, the Company Companies will promptly notify the relevant insurers in accordance with the procedures and requirements of such policies.

Appears in 3 contracts

Samples: Officer Indemnification Agreement (American Midstream Partners, LP), Director Indemnification Agreement (American Midstream Partners, LP), Director Indemnification Agreement (Susser Petroleum Partners LP)

Notice of Proceeding. Indemnitee agrees to notify the Company promptly upon being served with any summons, citation, subpoena, complaint, indictment, information or other document relating to any Proceeding or matter matter, which may be subject to indemnification or advancement of Expenses hereunder. Any failure by Indemnitee to notify the Company will relieve the Company of its advancement or indemnification obligations under this Agreement only to the extent the Company can establish that such omission to notify resulted in actual prejudice to it, and the omission to notify the Company will, in any event, not relieve the Company from any liability which it may have to indemnify Indemnitee or advance Expenses to Indemnitee otherwise than under this Agreement. If, at the time of receipt of any such notice, the Company has director and officer insurance policies in effect, the Company will promptly notify the relevant insurers in accordance with the procedures and requirements of such policies.

Appears in 1 contract

Samples: Indemnification Agreement (Southeastern Grocers, Inc.)

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Notice of Proceeding. Indemnitee agrees to notify the Company promptly upon being served with any summons, citation, subpoena, complaint, indictment, information or other document relating to any Proceeding or matter which may be subject to indemnification or advancement of Expenses hereunder. Any failure by Indemnitee to notify the Company will relieve the Company of its advancement or indemnification obligations under this Agreement only to the extent the Company can establish that such omission to notify resulted in actual prejudice to it, and the omission to notify the Company will, in any event, not relieve the Company from any liability which it may have to indemnify Indemnitee or advance Expenses to Indemnitee otherwise than under this Agreement. If, at the time of receipt of any such notice, the Company has director and officer insurance policies in effect, the Company will promptly notify the relevant insurers in accordance with the procedures and requirements of such policies.

Appears in 1 contract

Samples: Form of Indemnification Agreement (Stargazer Productions)

Notice of Proceeding. Indemnitee agrees to notify the Company promptly upon being served with any summons, citation, subpoena, complaint, indictment, information or other document relating to any Proceeding or matter which may be subject to indemnification or advancement of Expenses hereunder. Any failure by Indemnitee to notify the Company will relieve the Company of its advancement advancement, indemnification or indemnification contribution obligations under this Agreement only to the extent the Company can establish that such omission to notify resulted in actual material prejudice to it, and the omission to notify the Company will, in any event, not relieve the Company from any liability which it may have to indemnify Indemnitee or advance Expenses to Indemnitee otherwise than under this Agreement. If, at the time of receipt of any such notice, the Company has director and officer insurance policies in effect, the Company will promptly notify the relevant insurers in accordance with the procedures and requirements of such policies.

Appears in 1 contract

Samples: Director Indemnification Agreement (Susser Holdings CORP)

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