Common use of Procedure Where No Notice of Election Is Delivered Clause in Contracts

Procedure Where No Notice of Election Is Delivered. If the party which is the Indemnifying Party does not deliver a Notice of Election relating to any claim within the required notice period, the Indemnified Party will have the right to defend the claim in such manner as it may deem appropriate, and the failure of the Indemnifying Party to deliver such Notice of Election will not affect the indemnification obligations of such party under this Master Agreement.

Appears in 9 contracts

Samples: Master Service Agreement (EVERTEC, Inc.), Master Agreement (Popular, Inc.), Master Agreement

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Procedure Where No Notice of Election Is Delivered. If the party which is the Indemnifying indemnifying Party does not deliver a Notice of Election relating to any claim Claim within the required notice periodperiod (or, having delivered such a notice, fails to defend), the Indemnified indemnified Party will shall have the right to defend the claim Claim in such manner as it may deem appropriate, at the cost, expense, and the failure risk of the indemnifying Party. The Indemnifying Party to deliver shall promptly reimburse the indemnified Party for all such Notice of Election will not affect the indemnification obligations of such party under this Master Agreementcosts and expenses.

Appears in 2 contracts

Samples: Master Services Agreement (Nielsen Holdings PLC), Master Services Agreement (Nielsen CO B.V.)

Procedure Where No Notice of Election Is Delivered. If the party which is the Indemnifying Party Indemnitor does not deliver a Notice of Election relating to any claim within the required notice period, the Indemnified Party will Indemnitee shall have the right to defend the claim in such manner as it may deem appropriate, and the failure of the Indemnifying Party Indemnitor to deliver such Notice of Election will shall not affect the indemnification obligations of such party Party under this Master Agreement.

Appears in 1 contract

Samples: Processing Services Agreement (Transfirst Holdings Corp.)

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Procedure Where No Notice of Election Is Delivered. If the party which is the Indemnifying Party does not deliver a Notice of Election relating to any claim within the required notice period, the Indemnified Party will have the right to defend the claim in such manner as it may deem appropriate, and the failure of the Indemnifying Party to deliver such Notice of Election will not affect the indemnification obligations of such party under this Master Agreement.

Appears in 1 contract

Samples: Virgin Islands Services Agreement (EVERTEC, Inc.)

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