Common use of Procedure Clause in Contracts

Procedure. A party (the “Indemnitee”) that intends to claim indemnification under this Section 9 shall promptly notify the other party (the “Indemnitor”) of any loss, claim, damage, liability or action in respect of which the Indemnitee intends to claim such indemnification, and the Indemnitor shall have the right to participate in, and, to the extent the Indemnitor so desires, to assume sole Control of the defense thereof with counsel mutually satisfactory to the parties, including the right to settle the action on behalf of the Indemnitee on any terms the Indemnitor deems desirable in the exercise of its sole discretion, except that the Indemnitor shall not, without the Indemnitee’s prior written consent, settle any such claim if such settlement contains a stipulation to or admission or acknowledgment of any liability or wrongdoing on the part of the Indemnitee or imposes any obligation on the Indemnitee other than a monetary obligation, and only to the extent the Indemnitor assumes directly, and in full, such obligation and is able to fulfill such obligation. The failure to deliver written notice to the Indemnitor within a reasonable time after the commencement of any such action shall not affect or limit Indemnitor’s duty to defend such action but shall relieve Indemnitor of liability to the Indemnitee solely to the extent the Indemnitor is materially prejudiced by the delay. At the Indemnitor’s request and expense, the Indemnitee shall cooperate fully with the Indemnitor and its legal representatives in the investigation and defense of any action, claim or liability covered by this indemnification and provide full information with respect thereto. Subject to the Indemnitee’s fulfillment of its obligations under this Section 9.3, the Indemnitor shall pay any damages, costs or other amounts awarded against the Indemnitee (or payable by the Indemnitee pursuant to a settlement agreement entered into by the Indemnitor) in connection with such claim.

Appears in 6 contracts

Samples: Non Exclusive Patent License Agreement (Advanced Inhalation Therapies (AIT) Ltd.), Non Exclusive Patent License Agreement (Advanced Inhalation Therapies (AIT) Ltd.), Non Exclusive Patent License Agreement (Advanced Inhalation Therapies (AIT) Ltd.)

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Procedure. A party (the “Indemnitee”) that intends Upon receipt by an Indemnified Person of actual notice of an action against such Indemnified Person with respect to claim indemnification which indemnity may reasonably be expected to be sought under this Section 9 Agreement, such Indemnified Person shall promptly notify the other party (Company in writing; provided that failure by any Indemnified Person so to notify the “Indemnitor”) Company shall not relieve the Company from any obligation or liability which the Company may have on account of this Section 9 or otherwise to such Indemnified Person. The Company shall, if requested by the Placement Agent, assume the defense of any losssuch action (including the employment of counsel designated by the Placement Agent and reasonably satisfactory to the Company). Any Indemnified Person shall have the right to employ separate counsel in any such action and participate in the defense thereof, claimbut the fees and expenses of such counsel shall be at the expense of such Indemnified Person unless: (i) the Company has failed promptly to assume the defense and employ separate counsel designated by the Placement Agent for the benefit of the Placement Agent and the other Indemnified Persons or (ii) such Indemnified Person shall have been advised that in the opinion of counsel that there is an actual or potential conflict of interest that prevents (or makes it imprudent for) the counsel designated by the Placement Agent and engaged by the Company for the purpose of representing the Indemnified Person, damageto represent both such Indemnified Person and any other person represented or proposed to be represented by such counsel. The Company shall not be liable for any settlement of any action effected without its written consent (which shall not be unreasonably withheld). In addition, liability the Company shall not, without the prior written consent of the Placement Agent, settle, compromise or consent to the entry of any judgment in or otherwise seek to terminate any pending or threatened action in respect of which the Indemnitee intends advancement, reimbursement, indemnification or contribution may be sought hereunder (whether or not such Indemnified Person is a party thereto) unless such settlement, compromise, consent or termination (i) includes an unconditional release of each Indemnified Person, acceptable to claim such indemnificationIndemnified Party, from all Liabilities arising out of such action for which indemnification or contribution may be sought hereunder and the Indemnitor shall have the right (ii) does not include a statement as to participate inor an admission of fault, andculpability or a failure to act, to the extent the Indemnitor so desires, to assume sole Control of the defense thereof with counsel mutually satisfactory to the parties, including the right to settle the action by or on behalf of the Indemnitee on any terms the Indemnitor deems desirable in the exercise of its sole discretionIndemnified Person. The advancement, except that the Indemnitor shall notreimbursement, without the Indemnitee’s prior written consent, settle any such claim if such settlement contains a stipulation to or admission or acknowledgment of any liability or wrongdoing on the part indemnification and contribution obligations of the Indemnitee Company required hereby shall be made by periodic payments of the amount thereof during the course of the investigation or imposes any obligation on the Indemnitee other than a monetary obligationdefense, as every Liability and only to the extent the Indemnitor assumes directlyExpense is incurred and is due and payable, and in full, such obligation amounts as fully satisfy each and every Liability and Expense as it is able to fulfill such obligation. The failure to deliver written notice to incurred (and in no event later than 30 days following the Indemnitor within a reasonable time after the commencement date of any such action shall not affect or limit Indemnitor’s duty to defend such action but shall relieve Indemnitor of liability to the Indemnitee solely to the extent the Indemnitor is materially prejudiced by the delay. At the Indemnitor’s request and expense, the Indemnitee shall cooperate fully with the Indemnitor and its legal representatives in the investigation and defense of any action, claim or liability covered by this indemnification and provide full information with respect thereto. Subject to the Indemnitee’s fulfillment of its obligations under this Section 9.3, the Indemnitor shall pay any damages, costs or other amounts awarded against the Indemnitee (or payable by the Indemnitee pursuant to a settlement agreement entered into by the Indemnitor) in connection with such claiminvoice therefore).

Appears in 5 contracts

Samples: Placement Agency Agreement (usell.com, Inc.), Placement Agency Agreement (Progressive Care Inc.), Placement Agency Agreement (InspireMD, Inc.)

Procedure. A party (the "Indemnitee") that intends to claim indemnification under this Section 9 Article 8 shall promptly notify the other party (the "Indemnitor") of any loss, claim, damagedemand, liability action or action in respect of other proceeding for which the Indemnitee intends to claim such indemnification, and the . The Indemnitor shall have the right to participate in, and, and to the extent the Indemnitor so desiresdesires jointly with any other indemnitor similarly noticed, to assume sole Control of the defense thereof with counsel mutually satisfactory to selected by the partiesIndemnitor; provided, including however, that the Indemnitee shall have the right to settle retain its own counsel, with the action on behalf fees and expenses to be paid by the Indemnitor, if representation of the Indemnitee on any terms by the counsel retained by the Indemnitor deems desirable would be inappropriate due to actual or potential differing interests between the Indemnitee and any other party represented by such counsel in the exercise such proceedings. The indemnity obligations under this Article 8 shall not apply to amounts paid in settlement of its sole discretionany claim, except that the Indemnitor shall notdemand, without the Indemnitee’s prior written consent, settle any such claim action or other proceeding if such settlement contains a stipulation to or admission or acknowledgment of any liability or wrongdoing on is effected without the part prior express written consent of the Indemnitee Indemnitor, which consent shall not be unreasonably withheld or imposes any obligation on the Indemnitee other than a monetary obligation, and only to the extent the Indemnitor assumes directly, and in full, such obligation and is able to fulfill such obligationdelayed. The failure to deliver written notice to the Indemnitor within a reasonable time after notice of any such claim or demand, or the commencement of any such action shall not affect or limit Indemnitor’s duty other proceeding, if prejudicial to its ability to defend such claim, demand, action but or other proceeding, shall relieve such Indemnitor of any liability to the Indemnitee solely under this Article 8 with respect thereto, but the omission so to deliver notice to the extent the Indemnitor is materially prejudiced by the delay. At the Indemnitor’s request and expense, shall not relieve it of any liability that it may have to the Indemnitee otherwise than under this Article 8. The Indemnitor may not settle or otherwise consent to an adverse judgment in any such claim, demand, action or other proceeding, that diminishes the rights or interests of the Indemnitee without the prior express written consent of the Indemnitee, which consent shall not be unreasonably withheld or delayed. The Indemnitee, its employees and agents, shall reasonably cooperate fully with the Indemnitor and its legal representatives in the investigation and defense of any actionclaim, claim demand, action or liability other proceeding covered by this indemnification and provide full information with respect thereto. Subject to the Indemnitee’s fulfillment of its obligations under this Section 9.3, the Indemnitor shall pay any damages, costs or other amounts awarded against the Indemnitee (or payable by the Indemnitee pursuant to a settlement agreement entered into by the Indemnitor) in connection with such claimArticle 8.

Appears in 5 contracts

Samples: Collaboration Agreement (Applied Molecular Evolution Inc), Collaboration Agreement (Cancervax Corp), Collaboration Agreement (Cancervax Corp)

Procedure. A party (the “Indemnitee”) that Archemix promptly shall notify Regado of any claim, demand, action or other proceeding for which Archemix intends to claim indemnification under this Section 9 shall promptly notify the other party (the “Indemnitor”) of any loss, claim, damage, liability or action in respect of which the Indemnitee intends to claim such indemnification, and the Indemnitor . Regado shall have the right to participate in, and, and to the extent the Indemnitor Archemix so desiresdesires jointly with any other indemnitor similarly noticed, to assume sole Control of the defense thereof with counsel mutually satisfactory to the partiesselected by Regado; provided, including however, that Archemix shall have the right to settle retain its own counsel, with the fees and expenses to be paid by Archemix. The indemnity obligations under this Section 12 shall not apply to amounts paid in settlement of any claim, demand, action on behalf of the Indemnitee on any terms the Indemnitor deems desirable in the exercise of its sole discretion, except that the Indemnitor shall not, without the Indemnitee’s prior written consent, settle any such claim or other proceeding if such settlement contains a stipulation to is effected without the prior express written consent of Regado, which consent shall not be unreasonably withheld or admission or acknowledgment of any liability or wrongdoing on the part of the Indemnitee or imposes any obligation on the Indemnitee other than a monetary obligation, and only to the extent the Indemnitor assumes directly, and in full, such obligation and is able to fulfill such obligationdelayed. The failure to deliver written notice to the Indemnitor Regado within a reasonable time after notice of any such claim or demand, or the commencement of any such action shall not affect or limit Indemnitor’s duty other proceeding, if prejudicial to its ability to defend such claim, demand, action but or other proceeding, shall relieve such Indemnitor of any liability to Archemix under this Section 12 with respect thereto, but the Indemnitee solely omission so to deliver notice to Regado shall not relieve it of any liability that it may have to Archemix other than under this Section 12. Regado may not settle or otherwise consent to an adverse judgment in any such claim, demand, action or other proceeding, that diminishes the extent rights or interests of Archemix without the Indemnitor is materially prejudiced by the delayprior express written consent of Archemix, which consent shall not be unreasonably withheld or delayed. At the Indemnitor’s request Archemix, its employees and expenseagents, the Indemnitee shall reasonably cooperate fully with the Indemnitor Regado and its legal representatives in the investigation and defense of any actionclaim, claim demand, action or liability other proceeding covered by this indemnification and provide full information with respect thereto. Subject to the Indemnitee’s fulfillment of its obligations under this Section 9.3, the Indemnitor shall pay any damages, costs or other amounts awarded against the Indemnitee (or payable by the Indemnitee pursuant to a settlement agreement entered into by the Indemnitor) in connection with such claim12.

Appears in 4 contracts

Samples: License Agreement (Regado Biosciences Inc), License Agreement (Regado Biosciences Inc), License Agreement (Nitromed Inc)

Procedure. A party (the “Indemnitee”) Party that intends to claim indemnification under this Section 9 13 (the “Indemnitee”) shall promptly notify the other party indemnifying Party (the “Indemnitor”) of any loss, claim, damage, liability or action in respect of which the Indemnitee intends to claim such indemnification, and the Indemnitor shall have the right to participate in, and, to the extent the Indemnitor so desires, to assume sole Control control of the defense thereof with counsel mutually satisfactory reasonably acceptable to the partiesother Party and with involvement of the Indemnitor’s insurance, including including, the right to settle the action on behalf of the Indemnitee on any terms the Indemnitor deems desirable in the exercise of its sole discretion, except that the Indemnitor shall not, without the Indemnitee’s prior written consent, settle any such claim if such settlement contains a stipulation to or admission or acknowledgment of any liability or wrongdoing on the part of the Indemnitee or imposes any obligation on the Indemnitee other than a monetary obligation, and only to the extent the Indemnitor assumes directly, and in full, such obligation and is able to fulfill full such obligation. The failure to deliver written notice to the Indemnitor within a reasonable time after the commencement of any such action shall not affect or limit impair Indemnitor’s duty to defend such action but shall relieve Indemnitor of any liability to the Indemnitee solely to the extent the Indemnitor is prejudiced materially prejudiced by the delay. At the Indemnitor’s request and expensecost, the Indemnitee shall cooperate fully reasonably with the Indemnitor and its legal representatives in the investigation and defense of any action, claim or liability covered by this indemnification and provide full information with respect thereto. Subject to the Indemnitee’s fulfillment of its obligations under this Section 9.313.3, the Indemnitor shall pay any damages, costs or other amounts awarded against the Indemnitee (Indemnitee, or payable by the Indemnitee pursuant to a settlement agreement entered into by the Indemnitor) , in connection with such claim.

Appears in 4 contracts

Samples: Confidential Treatment (Compugen LTD), Confidential Treatment Requested (Compugen LTD), Confidential Treatment Requested (Compugen LTD)

Procedure. A party If a Party (the “Indemnitee”) that intends to claim indemnification under this Section 9 Article 12, it shall promptly notify the other party Party (the “Indemnitor”) in writing of any loss, claim, damagedemand, liability action or action in respect of other proceeding for which the Indemnitee intends to claim such indemnification, and the Indemnitor shall have the right to participate in, and, to the extent the Indemnitor so desires, to assume sole Control of the defense thereof with counsel mutually satisfactory to the partiesParties; provided, including however, that an Indemnitee shall have the right to settle retain its own counsel, with the action on behalf fees and expenses to be paid by the Indemnitor, if representation of such Indemnitee by the counsel retained by the Indemnitor would be inappropriate due to actual or potential differing interests between the Indemnitee on and any terms the Indemnitor deems desirable other Party represented by such counsel in the exercise such proceeding. The obligations of its sole discretionthis Article 12 shall not apply to amounts paid in settlement of any claim, except that the Indemnitor shall notdemand, without the Indemnitee’s prior written consent, settle any such claim action or other proceeding if such settlement contains a stipulation to or admission or acknowledgment of any liability or wrongdoing on is effected without the part consent of the Indemnitee Indemnitor, which consent shall not be withheld or imposes any obligation on the Indemnitee other than a monetary obligation, and only to the extent the Indemnitor assumes directly, and in full, such obligation and is able to fulfill such obligationdelayed unreasonably. The failure to deliver written notice to the Indemnitor within a reasonable time after the commencement of any such action shall not affect or limit Indemnitor’s duty action, if prejudicial to its ability to defend such action but action, shall relieve the Indemnitor of liability any obligation to the Indemnitee solely to the extent the Indemnitor is materially prejudiced by the delayunder this Article 12. At the Indemnitor’s request The Indemnitee, its employees and expenseagents, the Indemnitee shall reasonably cooperate fully with the Indemnitor and its legal representatives in the investigation and defense of any actionclaim, claim demand, action or other proceeding covered by this Article 12. The Indemnitor shall not, without the Indemnitee’s consent, which consent shall not be withheld or delayed unreasonably, consent to the entry of any judgment or accept any settlement with respect to such claim, demand, action or proceeding which imposes liability not covered by this indemnification and provide full information with respect thereto. Subject to or restrictions on the Indemnitee’s fulfillment of its obligations under this Section 9.3, the Indemnitor shall pay any damages, costs or other amounts awarded against the Indemnitee (or payable by the Indemnitee pursuant to a settlement agreement entered into by the Indemnitor) in connection with such claim.

Appears in 4 contracts

Samples: License Agreement (Sunesis Pharmaceuticals Inc), License Agreement (Sunesis Pharmaceuticals Inc), License Agreement (Sunesis Pharmaceuticals Inc)

Procedure. A party (the "Indemnitee") that intends to claim indemnification under this Section 9 Article shall promptly notify the other party (the "Indemnitor") in writing of any loss, claim, damage, liability or action in respect of which the Indemnitee intends or any of its Affiliates, Sublicensees or their directors, officers, employees or agents intend to claim such indemnification, and the Indemnitor shall have the right to participate in, and, to the extent the Indemnitor so desires, to assume sole Control of the defense thereof with counsel mutually satisfactory to the parties; provided, including however, that Indemnitee shall have the right to settle retain its own counsel, with the action on behalf fees and expenses to be paid by the Indemnitor, if representation of such Indemnitee by the Indemnitee on any terms counsel retained by the Indemnitor deems desirable would be inappropriate due to actual or potential differing interests between such Indemnitee and any other party represented by such counsel in the exercise such proceeding. The indemnity agreement in this Article shall not apply to amounts paid in settlement of its sole discretionany loss, except that the Indemnitor shall notclaim, without the Indemnitee’s prior written consentdamage, settle any such claim liability or action if such settlement contains a stipulation to or admission or acknowledgment of any liability or wrongdoing on is effected without the part consent of the Indemnitee or imposes any obligation on the Indemnitee other than a monetary obligationIndemnitor, and only to the extent the Indemnitor assumes directly, and in full, such obligation and is able to fulfill such obligationwhich consent shall not be withheld unreasonably. The failure to deliver written notice to the Indemnitor within a reasonable time after the commencement of any such action shall not affect or limit Indemnitor’s duty action, if prejudicial to its ability to defend such action but action, shall relieve such Indemnitor of any liability to the Indemnitee solely under this Article but the omission so to deliver written notice to the extent the Indemnitor is materially prejudiced by the delayshall not relieve it of any liability that it may have to any Indemnitee otherwise than under this Article. At the Indemnitor’s request The Indemnitee under this Article, its employees and expenseagents, the Indemnitee shall cooperate fully with the Indemnitor and its legal representatives in the investigation and defense of any action, claim or liability covered by this indemnification and provide full information with respect thereto. Subject to the Indemnitee’s fulfillment of its obligations under this Section 9.3, the Indemnitor shall pay any damages, costs or other amounts awarded against the Indemnitee (or payable by the Indemnitee pursuant to a settlement agreement entered into by the Indemnitor) in connection with such claimindemnification.

Appears in 4 contracts

Samples: Collaboration Agreement (Introgen Therapeutics Inc), Agreement (Introgen Therapeutics Inc), Agreement (Introgen Therapeutics Inc)

Procedure. A party (the “Indemnitee”) Party that intends to claim indemnification under this Section 9 Article 13 (the “Indemnitee”) shall promptly notify the other party Indemnitor (the “Indemnitor”) in writing of any loss, claim, damage, liability or action Claim in respect of which the Indemnitee intends to claim such indemnification, and the Indemnitor shall have the right to participate in, and, to the extent the Indemnitor so desires, to assume sole Control of the defense thereof with counsel mutually satisfactory to the parties, including the right to settle the action on behalf of the Indemnitee on any terms the Indemnitor deems desirable in the exercise of its sole discretion, except that the Indemnitor shall not, without the Indemnitee’s prior written consent, settle any such claim if such settlement contains a stipulation to or admission or acknowledgment of any liability or wrongdoing on the part of the Indemnitee or imposes any obligation on the Indemnitee other than a monetary obligation, and only to the extent the Indemnitor assumes directly, and in full, such obligation and is able to fulfill such obligation. The failure to deliver written notice to the Indemnitor within a reasonable time after the commencement of any such action with respect to a Claim shall not affect or limit Indemnitor’s duty to defend such action but shall only relieve the Indemnitor of liability to the Indemnitee solely its indemnification obligations under this Article 13 if and to the extent the Indemnitor is actually and materially prejudiced by thereby. The Indemnitor has sole control of the delaydefense or settlement thereof. At the Indemnitor’s request and expense, the The Indemnitee shall cooperate fully with the Indemnitor and its legal representatives in the investigation and defense of any action, claim or liability action with respect to a Claim covered by this indemnification indemnification. The Indemnitee may participate at its expense in the Indemnitor’s defense of and provide full information settlement negotiations for any Claim with respect thereto. Subject to counsel of the Indemnitee’s fulfillment own selection. The Indemnitor shall not settle any Claim without the prior written consent of its obligations under this Section 9.3the Indemnitee, not to be unreasonably withheld, conditioned or delayed. So long as the Indemnitor is actively defending the Claim in good faith, the Indemnitee shall not settle or compromise any such Claim without the prior written consent of the Indemnitor. If the Indemnitor does not assume and conduct the defense of the Claim as provided above: (a) the Indemnitee may defend against, consent to the entry of any judgment, or enter into any settlement with respect to such Claim in any manner the Indemnitee may deem reasonably appropriate (and the Indemnitee need not consult with, or obtain any consent from, the Indemnitor in connection therewith); and (b) the Indemnitor shall pay any damages, costs or other amounts awarded against remain responsible to indemnify the Indemnitee (or payable by the Indemnitee pursuant to a settlement agreement entered into by the Indemnitor) as provided in connection with such claimthis Article 13.

Appears in 4 contracts

Samples: Collaboration and License Agreement (Precision Biosciences Inc), Development and License Agreement (Precision Biosciences Inc), Development and License Agreement (Precision Biosciences Inc)

Procedure. A party (the “Indemnitee”) that Regado promptly shall notify Archemix of any claim, demand, action or other proceeding for which Regado intends to claim indemnification under this Section 9 shall promptly notify the other party (the “Indemnitor”) of any loss, claim, damage, liability or action in respect of which the Indemnitee intends to claim such indemnification, and the Indemnitor . Archemix shall have the right to participate in, and, and to the extent the Indemnitor Regado so desiresdesires jointly with any other indemnitor similarly noticed, to assume sole Control of the defense thereof with counsel mutually satisfactory to the partiesselected by Archemix; provided, including however, that Regado shall have the right to settle retain its own counsel, with the fees and expenses to be paid by Regado. The indemnity obligations under this Section 12 shall not apply to amounts paid in settlement of any claim, demand, action on behalf of the Indemnitee on any terms the Indemnitor deems desirable in the exercise of its sole discretion, except that the Indemnitor shall not, without the Indemnitee’s prior written consent, settle any such claim or other proceeding if such settlement contains a stipulation to is effected without the prior express written consent of Archemix, which consent shall not be unreasonably withheld or admission or acknowledgment of any liability or wrongdoing on the part of the Indemnitee or imposes any obligation on the Indemnitee other than a monetary obligation, and only to the extent the Indemnitor assumes directly, and in full, such obligation and is able to fulfill such obligationdelayed. The failure to deliver written notice to the Indemnitor Archemix within a reasonable time after notice of any such claim or demand, or the commencement of any such action shall not affect or limit Indemnitor’s duty other proceeding, if prejudicial to its ability to defend such claim, demand, action but or other proceeding, shall relieve such Indemnitor of any liability to Regado under this Section 12 with respect thereto, but the Indemnitee solely omission so to deliver notice to Archemix shall not relieve it of any liability that it may have to Regado other than under this Section 12. Archemix may not settle or otherwise consent to an adverse judgment in any such claim, demand, action or other proceeding, that diminishes the extent rights or interests of Regado without the Indemnitor is materially prejudiced by the delayprior express written consent of Regado, which consent shall not be unreasonably withheld or delayed. At the Indemnitor’s request Regado, its employees and expenseagents, the Indemnitee shall reasonably cooperate fully with the Indemnitor Archemix and its legal representatives in the investigation and defense of any actionclaim, claim demand, action or liability other proceeding covered by this indemnification and provide full information with respect thereto. Subject to the Indemnitee’s fulfillment of its obligations under this Section 9.3, the Indemnitor shall pay any damages, costs or other amounts awarded against the Indemnitee (or payable by the Indemnitee pursuant to a settlement agreement entered into by the Indemnitor) in connection with such claim12.

Appears in 4 contracts

Samples: License Agreement (Archemix Corp.), License Agreement (Nitromed Inc), License Agreement (Regado Biosciences Inc)

Procedure. A party or any of its Affiliates or their respective employees or agents (the "Indemnitee") that intends to claim indemnification under this Section 9 Article 11 shall promptly notify the other party (the "Indemnitor") of any claim, loss, claim, damage, liability or action expenses in respect of which the Indemnitee intends to claim such indemnificationindemnification reasonably promptly after the Indemnitee is aware thereof, and the Indemnitor shall have the right to participate in, and, to the extent the Indemnitor so desires, to assume sole Control of the defense thereof of any related third party action, suit or proceeding with counsel mutually satisfactory to the parties; provided, including however, that an Indemnitee shall have the right to settle retain its own counsel, with the action on behalf fees and expenses to be paid by the Indemnitor, if representation of such Indemnitee by the Indemnitee on any terms counsel retained by the Indemnitor deems desirable would be inappropriate due to actual or potential differing interests between such Indemnitee and any other party represented by such counsel in the exercise such proceedings. The indemnity agreement in this Article 11 shall not apply to amounts paid in settlement of its sole discretionany claim, except that the Indemnitor shall notloss, without the Indemnitee’s prior written consent, settle any such claim damage or expense if such settlement contains a stipulation to or admission or acknowledgment of any liability or wrongdoing on is effected without the part consent of the Indemnitee or imposes any obligation on the Indemnitee other than a monetary obligationIndemnitor, and only to the extent the Indemnitor assumes directly, and in full, such obligation and is able to fulfill such obligationwhich consent shall not be withheld unreasonably. The failure of an Indemnitee to deliver written notice to the Indemnitor within a reasonable time after the commencement becoming aware of any such action shall not affect or limit matter, if prejudicial to the Indemnitor’s duty 's ability to defend such action but action, shall relieve the Indemnitor of any liability to the Indemnitee solely under this Article 11. The Indemnitor shall not have any liability to the extent the Indemnitor is materially prejudiced by the delayany Indemnitee otherwise than under this Article 11. At the Indemnitor’s request The Indemnitee under this Article 11 and expense, the Indemnitee its employees and agents shall cooperate fully with the Indemnitor and its legal representatives in the investigation and defense of any action, claim or liability matter covered by this indemnification and provide full information with respect theretoindemnification. Subject to the Indemnitee’s fulfillment of its obligations under this Section 9.3, the The Indemnitor shall additionally be liable to pay any damages, the reasonable legal costs or other amounts awarded against the Indemnitee (or payable and attorneys' fees incurred by the Indemnitee pursuant to in establishing a settlement agreement entered into by the Indemnitor) in connection with such claimsuccessful claim for indemnity hereunder.

Appears in 3 contracts

Samples: License Agreement (Transkaryotic Therapies Inc), License Agreement (Transkaryotic Therapies Inc), License Agreement (Transkaryotic Therapies Inc)

Procedure. A party Party or any of its affiliates or their --------- employees or agents (the "Indemnitee") that intends to claim indemnification under this Section 9 Agreement shall promptly notify in writing the other party Party (the "Indemnitor") of any loss, claim, damage, liability or action in respect of which the Indemnitee intends to claim such indemnification, and the Indemnitor may assume the defense thereof with counsel selected by Indemnitor and reasonably satisfactory to the Indemnitee, provided, however, that an Indemnitee -------- ------- shall have the right to participate inretain its own counsel with fees and expenses to be paid by the Indemnitor, and, to if representation of such Indemnitee by the extent counsel retained by the Indemnitor so desireswould be inappropriate due to actual or potential differing interest between such Indemnitee and any other Party represented by such counsel in such proceeding. The indemnity agreement provided for in this Section 9 shall not apply to amounts paid in settlement of any loss, to assume sole Control claim, damage, liability or action if such settlement of the defense thereof with counsel mutually satisfactory to the partiesany loss, including the right to settle the claim, damage, liability or action on behalf of the Indemnitee on any terms the Indemnitor deems desirable in the exercise of its sole discretion, except that the Indemnitor shall notif such settlement is effected, without the Indemnitee’s prior written consent, settle any such claim if such settlement contains a stipulation to or admission or acknowledgment of any liability or wrongdoing on the part consent of the Indemnitee Indemnitor, which consent shall not be withheld or imposes any obligation on the Indemnitee other than a monetary obligation, and only to the extent the Indemnitor assumes directly, and in full, such obligation and is able to fulfill such obligationdelayed unreasonably. The failure to deliver written notice to the Indemnitor within a reasonable time after the commencement of any such action shall not affect or limit Indemnitor’s duty action, if materially prejudicial to its ability to defend such action but action, shall relieve the Indemnitor of any liability to the Indemnitee solely under this Section 9, but the omission so to deliver notice to the extent the Indemnitor is materially prejudiced by the delay. At the Indemnitor’s request and expense, will not relieve it of any liability that it may have to the Indemnitee otherwise than under this Section 9. The Indemnitee under this Section 9, its employees and agents, shall cooperate fully with the Indemnitor and its legal representatives in the investigation and defense of any action, claim or liability covered by this indemnification and provide full information with respect thereto. Subject to the Indemnitee’s fulfillment of its obligations under this Section 9.3, the Indemnitor shall pay any damages, costs or other amounts awarded against the Indemnitee (or payable by the Indemnitee pursuant to a settlement agreement entered into by the Indemnitor) in connection with such claimindemnification.

Appears in 3 contracts

Samples: Marketing and Distribution Agreement (Proton Energy Systems Inc), Marketing and Distribution Agreement (Proton Energy Systems Inc), Marketing and Distribution Agreement (Proton Energy Systems Inc)

Procedure. A party (the “Indemnitee”) that intends to claim indemnification under this Section 9 12 (the “Indemnitee”) shall promptly notify the other party (the “Indemnitor”) of any loss, claim, damage, liability or action in respect of which the Indemnitee intends to claim such indemnification, and the Indemnitor shall have the right to participate in, and, to the extent the Indemnitor so desires, to assume sole Control control of the defense thereof with counsel mutually satisfactory to the parties, including including, the right to settle the action on behalf of the Indemnitee on any terms the Indemnitor deems desirable in the exercise of its sole discretion, except that the Indemnitor shall not, without the Indemnitee’s prior written consent, settle any such claim if such settlement contains a stipulation to or admission or acknowledgment of any liability or wrongdoing on the part of the Indemnitee or imposes any obligation on the Indemnitee other than a monetary obligation, and only to the extent the Indemnitor assumes directly, and in full, such obligation and is able to fulfill full such obligation. The failure to deliver written notice to the Indemnitor within a reasonable time after the commencement of any such action shall not affect or limit impair Indemnitor’s duty to defend such action but shall relieve Indemnitor of any liability to the Indemnitee solely to the extent the Indemnitor is prejudiced materially prejudiced by the delay. At the Indemnitor’s request and expensecost, the Indemnitee shall cooperate fully reasonably with the Indemnitor and its legal representatives in the investigation and defense of any action, claim or liability covered by this indemnification and provide full information with respect thereto. Subject to the Indemnitee’s fulfillment of its obligations under this Section 9.312, the Indemnitor shall pay any damages, costs or other amounts awarded against the Indemnitee (Indemnitee, or payable by the Indemnitee pursuant to a settlement agreement entered into by the Indemnitor) , in connection with such claim.

Appears in 3 contracts

Samples: Collaboration Agreement (Evogene Ltd.), Collaboration Agreement (Evogene Ltd.), Collaboration Agreement (Evogene Ltd.)

Procedure. A party (the "Indemnitee") that intends to claim indemnification under this Section 9 Article shall promptly notify the other indemnifying party (the "Indemnitor") in writing of any loss, claim, damage, liability or action in respect of which the Indemnitee intends or any of its Affiliates, sublicensees or their directors, officers, employees or agents intend to claim such indemnification, and the Indemnitor shall have control of the defense and/or settlement thereof, subject to the limitations set forth herein; provided that the Indemnitee shall have the right to participate in, and, to the extent the Indemnitor so desires, to assume sole Control of in the defense thereof with through its own counsel mutually satisfactory to the parties, including the right to settle the action on behalf of the Indemnitee on any terms the Indemnitor deems desirable in the exercise of its sole discretion, except that the Indemnitor shall not, without at the Indemnitee’s prior written consent's expense. The indemnity agreement in this Article 15 shall not apply to amounts paid in settlement of any loss, settle any such claim claim, damage, liability or action if such settlement contains a stipulation to or admission or acknowledgment of any liability or wrongdoing on is effected without the part consent of the Indemnitee or imposes any obligation on the Indemnitee other than a monetary obligationIndemnitor, and only to the extent the Indemnitor assumes directly, and in full, such obligation and is able to fulfill such obligationwhich consent shall not be withheld unreasonably. The failure to deliver written notice to the Indemnitor within a reasonable time after the commencement of any such action shall not affect or limit Indemnitor’s duty action, if prejudicial to its ability to defend such action but action, shall relieve such Indemnitor of any liability to the Indemnitee solely under this Article 15 but the omission so to deliver written notice to the extent Indemnitor shall not relieve the Indemnitor is materially prejudiced by the delayof any liability that it may have to any Indemnitee otherwise than under this Article 15. At the Indemnitor’s request and expense, The Indemnitor shall not settle or compromise any indemnified claim in a manner which would adversely impact the Indemnitee without the Indemnitee's prior written consent, which shall not be unreasonably withheld. The Indemnitee under this Article 15, its employees and agents, shall cooperate fully with the Indemnitor and its legal representatives at the Indemnitor's expense in the investigation and defense of any action, claim or liability covered by this indemnification and provide full information with respect thereto. Subject to the Indemnitee’s fulfillment of its obligations under this Section 9.3, the Indemnitor shall pay any damages, costs or other amounts awarded against the Indemnitee (or payable by the Indemnitee pursuant to a settlement agreement entered into by the Indemnitor) in connection with such claimindemnification.

Appears in 3 contracts

Samples: Collaboration and License Agreement (Focal Inc), Collaboration and License Agreement (Focal Inc), Collaboration and License Agreement (Focal Inc)

Procedure. A party If any Company Indemnitee or Customer Indemnitee (collectively, the “Indemnitee”) that intends to claim indemnification under this Section 9 8, the Indemnitee shall promptly notify the other party Party (the “Indemnitor”) of any loss, claim, damage, liability or action in respect of Loss and Claim for which the Indemnitee intends to claim such indemnification, and the Indemnitor shall have the right to participate in, and, to the extent the Indemnitor so desires, to assume sole Control of the defense thereof with counsel mutually satisfactory selected by the Indemnitor and reasonably acceptable to the partiesIndemnitee, including provided, however, that an Indemnitee shall have the right to retain its own counsel, with the fees and expenses to be paid by the Indemnitor if representation of such Indemnitee by the counsel retained by the Indemnitor would be inappropriate due to actual or potential conflicting interests between such Indemnitee and any other Party represented by such counsel in such proceedings. The Indemnitor shall have the right to settle or compromise any claims for which it is providing indemnification under this Section 8, provided that the action on behalf consent of the Indemnitee on any terms the Indemnitor deems desirable (which shall not be unreasonably withheld, conditioned or delayed) shall be required in the exercise event any such settlement or compromise would adversely affect the interests of its sole discretion, except that the Indemnitor shall not, without the Indemnitee’s prior written consent. The indemnity obligation under this Section 8 shall not apply to amounts paid in settlement of any loss, settle any such claim claim, damage, liability or action if such settlement contains a stipulation to or admission or acknowledgment of any liability or wrongdoing on is effected without the part consent of the Indemnitee or imposes any obligation on the Indemnitee other than a monetary obligation, and only to the extent the Indemnitor assumes directly, and in full, such obligation and is able to fulfill such obligationIndemnitor. The failure to deliver written notice to the Indemnitor within a reasonable time after the commencement of any such action shall not affect or limit action, if prejudicial to the Indemnitor’s duty ability to defend such action but action, shall relieve such Indemnitor of any liability to the Indemnitee solely under this Section 8, but the omission to so deliver notice to the Indemnitor will not relieve Indemnitor of any liability that it may have to any Indemnitee otherwise than under this Section 8 other than to the extent such omission impinges on the Indemnitor is materially prejudiced by the delayability to mitigate or avoid such liability. At the Indemnitor’s request The Indemnitee under this Section 8 and expense, the Indemnitee its employees and legal representatives shall cooperate fully with the Indemnitor and its legal representatives in the investigation and defense of any action, claim or liability covered by this indemnification and provide full information with respect theretoindemnification. Subject For clarity, nothing contained in this Section 8 shall be deemed to apply to the Indemnitee’s fulfillment of its obligations under this Section 9.3Firmware or Support, which are exclusively addressed in the Indemnitor shall pay any damages, costs or other amounts awarded against the Indemnitee (or payable by the Indemnitee pursuant to a settlement agreement entered into by the Indemnitor) in connection with such claimSLA.

Appears in 3 contracts

Samples: Development and Production Agreement (Medirom Healthcare Technologies Inc.), Development and Production Agreement (Medirom Healthcare Technologies Inc.), Development and Production Agreement (Medirom Healthcare Technologies Inc.)

Procedure. A party Party (the “Indemnitee”) that intends to claim indemnification under this Section 9 shall 12.2 will promptly notify provide notice to the other party Party (the “Indemnitor”) of any loss, claim, damage, liability or action Claim in respect of which the Indemnitee intends to claim such indemnification, which notice will include a reasonable identification of the alleged facts giving rise to such Liability, and the Indemnitor shall will have the right to participate in, and, to the extent the Indemnitor so desires, jointly with any other Indemnitor similarly noticed, to assume sole Control of control the defense thereof with counsel mutually satisfactory to selected by the partiesIndemnitor. However, including notwithstanding the foregoing, the Indemnitee will have the right to settle participate in, but not control, the action on behalf defense of any Claim, and request separate counsel, with the fees and expenses to be paid by the Indemnitee, unless (a) representation of such Indemnitee by the counsel retained by the Indemnitor would be inappropriate due to actual or potential differing interests between such Indemnitee and any other Party represented by such counsel in such proceedings or (b) the Indemnitor has failed to assume the defense of the applicable Claim, in which case ((a) or (b)), such fees and expenses will be paid by the Indemnitor. The Indemnitee on any terms the Indemnitor deems desirable will, and will cause each of its Affiliates and its and their respective directors, officers, employees and agents, as applicable, to, cooperate in the exercise defense or prosecution thereof and will furnish such records, information and testimony, provide such witnesses and attend such conferences, discovery proceedings, hearings, trials and appeals and otherwise provide reasonable access to such Indemnitor and employees and agents of its sole discretionthe Indemnitor, except in each case as may be reasonably requested in connection therewith; provided, that the Indemnitor shall notwill reimburse the Indemnitee for its reasonable and verifiable out-of-pocket expenses in connection therewith. The Indemnitor may not settle any Claim, and the Indemnitee will not be responsible for or be bound by any settlement of a Claim that imposes an obligation on it, without the Indemnitee’s prior written consent, settle any such claim if such settlement contains a stipulation to or admission or acknowledgment of any liability or wrongdoing on the part consent of the Indemnitee Indemnitee, which consent will not be unreasonably withheld, conditioned or imposes any obligation on the Indemnitee other than a monetary obligation, and only to the extent the Indemnitor assumes directly, and in full, such obligation and is able to fulfill such obligation. The failure to deliver written notice to the Indemnitor within a reasonable time after the commencement of any such action shall not affect or limit Indemnitor’s duty to defend such action but shall relieve Indemnitor of liability to the Indemnitee solely to the extent the Indemnitor is materially prejudiced by the delay. At the Indemnitor’s request and expense, the Indemnitee shall cooperate fully with the Indemnitor and its legal representatives in the investigation and defense of any action, claim or liability covered by this indemnification and provide full information with respect thereto. Subject to the Indemnitee’s fulfillment of its obligations under this Section 9.3, the Indemnitor shall pay any damages, costs or other amounts awarded against the Indemnitee (or payable by the Indemnitee pursuant to a settlement agreement entered into by the Indemnitor) in connection with such claimdelayed.

Appears in 3 contracts

Samples: License Agreement (Mersana Therapeutics, Inc.), Schedules and Exhibits (Mersana Therapeutics, Inc.), License Agreement (Mersana Therapeutics, Inc.)

Procedure. A party If any Arvinas Indemnitee or Licensee Indemnitee (the each, an “Indemnitee”) that intends to claim indemnification under this Section 9 Article 12, the Indemnitee shall promptly notify the other party Party (the “Indemnitor”) of any loss, claim, damage, liability or action in respect of Losses and Claims for which the Indemnitee intends to claim such indemnification, and the Indemnitor shall have the right to participate in, and, to the extent the Indemnitor so desires, to assume sole Control of the defense thereof with counsel mutually satisfactory selected by the Indemnitor and reasonably acceptable to the partiesIndemnitee. Any Indemnitee shall have the right to retain its own counsel, including with the fees and expenses to be paid by the Indemnitee (and, for clarity, not to be included in Losses and Claims); provided, however, if the Indemnitee shall have reasonably concluded, based upon a written opinion from outside legal counsel, that there is a conflict of interest between the Indemnitor and the Indemnitee in the defense of such action, then the Indemnitor shall pay the fees and expenses of one law firm serving as counsel for the Indemnitee and Indemnitor in relation to such Third Party Claim. The Indemnitor shall have the right to settle or compromise any claims for which it is providing indemnification under this Article 12, provided that the action on behalf consent of the Indemnitee on any terms the Indemnitor deems desirable (which shall not be unreasonably withheld or delayed) shall be required in the exercise event any such settlement or compromise would adversely affect the interests of its sole discretion, except that the Indemnitor shall not, without the Indemnitee’s prior written consent. The indemnity agreement in this Article 12 shall not apply to amounts paid in settlement of any loss, settle any such claim claim, damage, liability or action if such settlement contains a stipulation to or admission or acknowledgment of any liability or wrongdoing on is effected without the part consent of the Indemnitee or imposes any obligation on the Indemnitee other than a monetary obligation, and only to the extent the Indemnitor assumes directly, and in full, such obligation and is able to fulfill such obligationIndemnitor. The failure to deliver written notice to the Indemnitor within a reasonable time after the commencement of any such action shall not affect or limit action, if prejudicial to the Indemnitor’s duty ability to defend such action but action, shall relieve such Indemnitor of any liability to the Indemnitee solely under this Article 12, but the omission so to deliver notice to the extent the Indemnitor is materially prejudiced by the delayshall not relieve it of any liability that it may have to any Indemnitee otherwise under this Article 12. At the Indemnitor’s request The Indemnitee under this Article 12, its employees and expenseagents, the Indemnitee shall cooperate fully with the Indemnitor and its legal representatives in the investigation and defense of any action, claim or liability covered by this indemnification indemnification. It is understood that only Genentech, Roche (if a Licensee) and provide full information with respect thereto. Subject to the Indemnitee’s fulfillment Arvinas may claim indemnity under this Agreement (on its own behalf or on behalf of its obligations under this Section 9.3Indemnitees), the Indemnitor shall pay any damages, costs or and other amounts awarded against the Indemnitee (or payable by the Indemnitee pursuant to a settlement agreement entered into by the Indemnitor) in connection with such claimIndemnitees may not directly claim indemnity hereunder.

Appears in 3 contracts

Samples: Confidential       Execution (Arvinas Holding Company, LLC), Confidential       Execution (Arvinas Holding Company, LLC), Confidential       Execution (Arvinas Holding Company, LLC)

Procedure. A party Party (the “Indemnitee”) that intends to claim indemnification under this Section 9 shall promptly notify without undue delay Notify the other party Party (the “Indemnitor”) in writing of any loss, claimClaim, damage, liability or action in respect of which the Indemnitee intends or any of its Affiliates (in the case of BN, its Registered Affiliates), Sublicensees or their directors, officers, employees or agents intend to claim such indemnification, and the Indemnitor shall have the right to participate in, and, to the extent the Indemnitor so desires, to assume sole Control of the defense thereof with counsel mutually satisfactory to the partiesParties; provided, including however, that Indemnitee shall have the right to settle retain its own counsel, with the action on behalf fees and expenses to be paid by the Indemnitor, if representation of such Indemnitee by the Indemnitee on any terms counsel retained by the Indemnitor deems desirable would be inappropriate due to actual or potential differing interests between such Indemnitee and any other Party represented by such counsel in the exercise such proceeding. The indemnity agreement in this Section shall not apply to amounts paid in settlement of its sole discretionany loss, except that the Indemnitor shall notClaim, without the Indemnitee’s prior written consentdamage, settle any such claim liability, or action if such settlement contains a stipulation to or admission or acknowledgment of any liability or wrongdoing on is effected without the part consent of the Indemnitee or imposes any obligation on the Indemnitee other than a monetary obligationIndemnitor, and only to the extent the Indemnitor assumes directly, and in full, such obligation and is able to fulfill such obligationwhich consent shall not be withheld unreasonably. The failure to deliver written notice Notice to the Indemnitor within a reasonable time after the commencement of any such action shall not affect or limit Indemnitor’s duty action, if prejudicial to its ability to defend such action but action, shall relieve such Indemnitor of any liability to the Indemnitee solely under this Section but the omission so to deliver written Notice to the extent the Indemnitor is materially prejudiced by the delayshall not relieve it of any liability that it may have to any Indemnitee otherwise than under this Section. At the Indemnitor’s request The Indemnitee under this Section, its employees and expenseagents, the Indemnitee shall cooperate fully with the Indemnitor and its legal representatives in the investigation and defense of any action, claim Claim or liability covered by this indemnification and provide full information with respect thereto. Subject to the Indemnitee’s fulfillment of its obligations under this Section 9.3, the Indemnitor shall pay any damages, costs or other amounts awarded against the Indemnitee (or payable by the Indemnitee pursuant to a settlement agreement entered into by the Indemnitor) in connection with such claimindemnification.

Appears in 3 contracts

Samples: License Agreement (Bavarian Nordic a/S / ADR), License Agreement (Bavarian Nordic a/S / ADR), License Agreement (Bavarian Nordic a/S / ADR)

Procedure. A Should a party or any of its officers, agents, parent companies, affiliates, or employees (the "Indemnitee") that intends intend to claim indemnification under this Section 9 Article, such Indemnitee shall promptly notify the other party (the "Indemnitor") in writing of any alleged loss, claim, damage, liability or action in respect of which the Indemnitee intends to claim such indemnification, and the Indemnitor shall have the right to participate in, and, to the extent the Indemnitor so desires, be entitled to assume sole Control of the defense thereof with counsel mutually satisfactory to the parties, including the right to settle the action on behalf of the Indemnitee on any terms selected by the Indemnitor deems desirable in and approved by the exercise Indemnitee, such approval not to be unreasonably withheld; provided, however, that if representation of its sole discretion, except that Indemnitee by such counsel first selected by the Indemnitor would be inappropriate due to a conflict of interest between such Indemnitee and any other party represented by such counsel, then Indemnitor shall notselect other counsel for the defense of Indemnitee, without with the Indemnitee’s prior written consentfees and expenses to be paid by the Indemnitor, settle such other counsel to be approved by Indemnitee and such approval not to be unreasonably withheld. The indemnity agreement in this Article shall not apply to amounts paid in settlement of any such claim loss, claim, damage, liability or action if such settlement contains a stipulation to or admission or acknowledgment of any liability or wrongdoing on is effected without the part consent of the Indemnitee or imposes any obligation on the Indemnitee other than a monetary obligationIndemnitor, and only to the extent the Indemnitor assumes directly, and in full, such obligation and is able to fulfill such obligationwhich consent shall not be withheld unreasonably. The failure to deliver written notice to the Indemnitor within a reasonable time after the commencement of any such action shall not affect or limit Indemnitor’s duty action, if prejudicial to its ability to defend such action but action, shall relieve such Indemnitor of any liability to the Indemnitee solely under this Article, but the omission so to deliver notice to the extent the Indemnitor is materially prejudiced by the delaywill not relieve it of any liability that it may have to any Indemnitee otherwise than under this Article. At the Indemnitor’s request The Indemnities under this Article, its employees and expenseagents, the Indemnitee shall cooperate fully with the Indemnitor and its legal representatives in the investigation and defense of any action, claim or liability covered by this indemnification and provide full information with respect thereto. Subject to the Indemnitee’s fulfillment of its obligations under this Section 9.3, the Indemnitor shall pay any damages, costs or other amounts awarded against the Indemnitee (or payable by the Indemnitee pursuant to a settlement agreement entered into by the Indemnitor) in connection with such claimindemnification.

Appears in 3 contracts

Samples: And License Agreement (Signal Pharmaceuticals Inc), And License Agreement (Signal Pharmaceuticals Inc), And License Agreement (Signal Pharmaceuticals Inc)

Procedure. A If a party (the “an "Indemnitee") that intends to claim indemnification under this Section 9 Article 10, it shall promptly notify the other indemnifying party (the "Indemnitor") in writing of any loss, claim, damage, liability or action in respect of which the Indemnitee intends or its directors, officers, employees or agents intend to claim such indemnification, and the Indemnitor shall have the right to participate in, and, to the extent the Indemnitor so desires, to assume sole Control of the defense thereof with counsel mutually satisfactory to the parties; provided, including however, that an Indemnitee shall have the right to settle retain its own counsel, with the action on behalf fees and expenses to be paid by the Indemnitor, if representation of such Indemnitee by the Indemnitee on any terms counsel retained by the Indemnitor deems desirable would be inappropriate due to actual or potential differing interests between such Indemnitee and any other party represented by such counsel in the exercise such proceeding. The indemnity agreement in this Article 10 shall not apply to amounts paid in settlement of its sole discretionany loss, except that the Indemnitor shall notclaim, without the Indemnitee’s prior written consentdamage, settle any such claim liability or action if such settlement contains a stipulation to or admission or acknowledgment of any liability or wrongdoing on is effected without the part consent of the Indemnitee Indemnitor, which consent shall not be withheld or imposes any obligation on the Indemnitee other than a monetary obligation, and only to the extent the Indemnitor assumes directly, and in full, such obligation and is able to fulfill such obligationdelayed unreasonably. The failure to deliver written notice to the Indemnitor within a reasonable time after the commencement of any such action shall not affect or limit Indemnitor’s duty action, if prejudicial to its ability to defend such action but action, shall relieve such Indemnitor of any liability to the Indemnitee solely under this Article 10, but the omission so to deliver written notice to the extent the Indemnitor is materially prejudiced by the delayshall not relieve it of any liability that it may have to any party claiming indemnification otherwise than under this Article 10. At the Indemnitor’s request The party claiming indemnification under this Article 10, its employees and expenseagents, the Indemnitee shall cooperate fully with the Indemnitor and its legal representatives in the investigation and defense of any action, claim or liability covered by this indemnification and provide full information with respect thereto. Subject to the Indemnitee’s fulfillment of its obligations under this Section 9.3, the Indemnitor shall pay any damages, costs or other amounts awarded against the Indemnitee (or payable by the Indemnitee pursuant to a settlement agreement entered into by the Indemnitor) in connection with such claimindemnification.

Appears in 3 contracts

Samples: Therapy Rights Agreement (Abgenix Inc), Therapy Rights Agreement (Abgenix Inc), Therapy Rights Agreement (Abgenix Inc)

Procedure. A party Promptly after acquiring knowledge of any Loss, or any action, suit, investigation, proceeding, demand, assessment, audit, judgment, or claim ("Claim") which may result in a Loss or Litigation Expense, the Person seeking indemnity under this Article 8 (the "Indemnitee") shall give written notice thereof to the party from whom indemnity is sought (the "Indemnitor"); provided, however, that intends the failure to claim promptly notify the Indemnitor shall not affect the indemnification under obligation hereunder if the Indemnitor was not prejudiced thereby and the failure to promptly notify was inadvertent. The Indemnitor shall have the right, at its expense, to defend or contest (subject to the third to last sentence of this Section 9 8.5) such Claim, through counsel of its choice (unless such Indemnitor is relieved of its liability hereunder with respect to such Claim and Loss and Litigation Expense by the Indemnitee) and shall not then be liable for fees or expenses of the Indemnitee's attorneys (unless the Indemnitor and Indemnitee are parties to the action and there exists a conflict of interest between the Indemnitor and the Indemnitee, in which event the Indemnitor will be responsible for the reasonable fees and expenses of one firm of counsel for all Indemnitees), and the Indemnitee and the Indemnitor shall provide to each other all necessary and reasonable cooperation in the defense of all Claims, including, but not limited to, reasonable access to employees who are familiar with the transactions out of which such Claim or Loss may have arisen. In the event that the Indemnitor shall undertake to defend any Claim, it shall promptly notify the other party Indemnitee of its intention to do so within thirty (the “Indemnitor”30) days of being notified of any losssuch Claim. In the event that the Indemnitor, claimafter written notice from Indemnitee, damagefails to take timely action to defend the same, liability or action in respect of which the Indemnitee intends to claim such indemnification, and the Indemnitor shall have the right to participate indefend the same by counsel of its own choosing, andbut at the cost and expense of the Indemnitor, provided no settlement of a Claim by Indemnitee (other than a Claim relating to an Excluded Liability) shall be effected without the consent of the Indemnitor which shall not be unreasonably withheld or delayed unless Indemnitee waives any right to indemnification therefor. The Indemnitor may settle or compromise any Claim without the prior written consent of Indemnitee except for settlement or compromise of a Claim (i) which includes the unconditional release by the Person asserting the Claim and any related claimants of Indemnitee from all liability with respect to such Claim in form and substance reasonably satisfactory to Indemnitee, (ii) which would not adversely affect the Indemnitee and its Affiliates to own, hold, use and operate their respective assets and businesses, and (iii) for money damages only. Seller Parent and Buyer shall treat any payment under this Article 8 for all Tax purposes as an adjustment of the Purchase Price and as allocable to the assets deemed purchased under the Section 338(h)(10) Election as shall reasonably be determined by the Indemnitee, except to the extent the Indemnitor so desires, to assume sole Control of the defense thereof with counsel mutually satisfactory to the parties, including the right to settle the action on behalf of the Indemnitee on any terms the Indemnitor deems desirable in the exercise of its sole discretion, except that the Indemnitor shall not, without the Indemnitee’s prior written consent, settle any such claim if such settlement contains a stipulation to or admission or acknowledgment of any liability or wrongdoing on the part of the Indemnitee or imposes any obligation on the Indemnitee other than a monetary obligation, and only to the extent the Indemnitor assumes directly, and in full, such obligation and treatment is able to fulfill such obligation. The failure to deliver written notice to the Indemnitor within a reasonable time after the commencement of any such action shall not affect or limit Indemnitor’s duty to defend such action but shall relieve Indemnitor of liability to the Indemnitee solely to the extent the Indemnitor is materially prejudiced by the delay. At the Indemnitor’s request and expense, the Indemnitee shall cooperate fully with the Indemnitor and its legal representatives in the investigation and defense of any action, claim or liability covered by this indemnification and provide full information with respect thereto. Subject to the Indemnitee’s fulfillment of its obligations permitted under this Section 9.3, the Indemnitor shall pay any damages, costs or other amounts awarded against the Indemnitee (or payable by the Indemnitee pursuant to a settlement agreement entered into by the Indemnitor) in connection with such claimapplicable Law.

Appears in 3 contracts

Samples: Recapitalization Agreement (Bausch & Lomb Inc), Recapitalization Agreement (Charles River Laboratories Inc), Recapitalization Agreement (Charles River Laboratories Holdings Inc)

Procedure. A party If any Arvinas Indemnitee or Pfizer Indemnitee (the each, an “Indemnitee”) that intends to claim indemnification under this Section 9 Article 9, the Indemnitee shall promptly notify the other party Party (the “Indemnitor”) of any loss, claim, damage, liability or action in respect of Losses and Claims for which the Indemnitee intends to claim such indemnification, and the Indemnitor shall have the right to participate in, and, to the extent the Indemnitor so desires, to assume sole Control of the defense thereof with counsel mutually satisfactory selected by the Indemnitor and reasonably acceptable to the partiesIndemnitee, including provided, however, that an Indemnitee shall have the right to retain its own counsel, with the fees and expenses to be paid by the Indemnitee (and, for clarity, not to be included in Losses and Claims), if representation of such Indemnitee by the counsel retained by the Indemnitor would be inappropriate due to actual or potential differing interests between such Indemnitee and any other Party represented by such counsel in such proceedings. The Indemnitor shall have the right to settle or compromise any claims for which it is providing indemnification under this Article 9, provided that the action on behalf consent of the Indemnitee on any terms the Indemnitor deems desirable (which shall not be unreasonably withheld or delayed) shall be required in the exercise event any such settlement or compromise would adversely affect the interests of its sole discretion, except that the Indemnitor shall not, without the Indemnitee’s prior written consent. The indemnity agreement in this Article 9 shall not apply to amounts paid in settlement of any loss, settle any such claim claim, damage, liability or action if such settlement contains a stipulation to or admission or acknowledgment of any liability or wrongdoing on is effected without the part consent of the Indemnitee or imposes any obligation on the Indemnitee other than a monetary obligation, and only to the extent the Indemnitor assumes directly, and in full, such obligation and is able to fulfill such obligationIndemnitor. The failure to deliver written notice to the Indemnitor within a reasonable time after the commencement of any such action shall not affect or limit action, if prejudicial to the Indemnitor’s duty ability to defend such action but action, shall relieve such Indemnitor of any liability to the Indemnitee solely under this Article 9, but the omission so to deliver notice to the extent the Indemnitor is materially prejudiced by the delayshall not relieve it of any liability that it may have to any Indemnitee otherwise than under this Article 9. At the Indemnitor’s request The Indemnitee under this Article 9, its employees and expenseagents, the Indemnitee shall cooperate fully with the Indemnitor and its legal representatives in the investigation and defense of any action, claim or liability covered by this indemnification and provide full information with respect thereto. Subject to the Indemnitee’s fulfillment of its obligations under this Section 9.3, the Indemnitor shall pay any damages, costs or other amounts awarded against the Indemnitee (or payable by the Indemnitee pursuant to a settlement agreement entered into by the Indemnitor) in connection with such claimindemnification.

Appears in 3 contracts

Samples: Collaboration and License Agreement (Arvinas Holding Company, LLC), Collaboration and License Agreement (Arvinas Holding Company, LLC), Collaboration and License Agreement (Arvinas Holding Company, LLC)

Procedure. A If a party (the “Indemnitee”) that intends to claim indemnification under this Section 9 10.3, it shall promptly notify the other party (the “Indemnitor”) in writing of any loss, claim, damagedemand, liability action or action in respect of other proceeding for which the Indemnitee intends to claim such indemnification, and the Indemnitor shall have the right to participate in, and, to the extent the Indemnitor so desires, to assume sole Control of the defense thereof with counsel mutually satisfactory to the parties; provided, including however, that an Indemnitee shall have the right to settle retain its own counsel, with the action on behalf fees and expenses to be paid by the Indemnitor, if representation of such Indemnitee by the counsel retained by the Indemnitor would be inappropriate due to actual or potential differing interests between the Indemnitee on and any terms the Indemnitor deems desirable other party represented by such counsel in the exercise such proceeding. The obligations of its sole discretionthis Section 10.3 shall not apply to amounts paid in settlement of any claim, except that the Indemnitor shall notdemand, without the Indemnitee’s prior written consent, settle any such claim action or other proceeding if such settlement contains a stipulation to or admission or acknowledgment of any liability or wrongdoing on is effected without the part consent of the Indemnitee Indemnitor, which consent shall not be withheld or imposes any obligation on the Indemnitee other than a monetary obligation, and only to the extent the Indemnitor assumes directly, and in full, such obligation and is able to fulfill such obligationdelayed unreasonably. The failure to deliver written notice to the Indemnitor within a reasonable time after the commencement of any such action shall not affect or limit Indemnitor’s duty action, if prejudicial to its ability to defend such action but action, shall relieve the Indemnitor of liability any obligation to the Indemnitee solely to the extent the Indemnitor is materially prejudiced by the delayunder this Section 10.3. At the Indemnitor’s request The Indemnitee, its employees and expenseagents, the Indemnitee shall reasonably cooperate fully with the Indemnitor and its legal representatives in the investigation and defense of any actionclaim, claim demand, action or liability other proceeding covered by this indemnification and provide full information with respect theretoSection 10.3. Subject to the Indemnitee’s fulfillment of its obligations under this Section 9.3, the Indemnitor shall pay any damages, costs or other amounts awarded against the Indemnitee (or payable Portions herein identified by the Indemnitee [*****] have been omitted pursuant to a settlement agreement entered into by request for confidential treatment under Rule 24b-2 of the Indemnitor) in connection Securities Exchange Act of 1934, as amended. A complete copy of this document has been filed separately with such claimthe Securities and Exchange Commission.

Appears in 3 contracts

Samples: Collaboration and License Agreement (Intrexon Corp), Collaboration and License Agreement (Intrexon Corp), Collaboration and License Agreement (Intrexon Corp)

Procedure. A If a claim by a third party is made and a party (the “Indemnitee”) that intends to claim indemnification under this Section 9 Article 7, the Indemnitee shall promptly notify the other party (the “Indemnitor”) in writing of any loss, claim, damage, liability or action claim in respect of which the Indemnitee or any of its subsidiaries, directors, officers, employees, shareholders, suppliers or distributors intends to claim such indemnification. If the Indemnitor accepts liability for indemnifying Indemnitee hereunder, and the Indemnitor shall have the right to participate in, and, to the extent the Indemnitor so desires, to assume sole Control control of the defense thereof and/or settlement thereof; provided that the Indemnitee may participate in any such proceeding with counsel mutually satisfactory to the parties, including the right to settle the action on behalf of the Indemnitee on any terms the Indemnitor deems desirable in the exercise of its sole discretion, except that the Indemnitor choice at its own expense. The indemnity agreement in this Article 7 shall not, without the Indemnitee’s prior written consent, settle not apply to amounts paid in settlement of any such claim Indemnifiable Losses if such settlement contains a stipulation to or admission or acknowledgment of any liability or wrongdoing on is effected without the part consent of the Indemnitee or imposes any obligation on the Indemnitee other than a monetary obligationIndemnitor, and only to the extent the Indemnitor assumes directly, and in full, such obligation and is able to fulfill such obligationwhich consent shall not be withheld unreasonably. The failure to deliver written notice to the Indemnitor within a reasonable time after the commencement of any such action shall not affect or limit Indemnitor’s duty action, if adversely prejudicial to its ability to defend such action but action, shall relieve such Indemnitor of any liability to the Indemnitee solely under this Article 7 but the omission to so deliver written notice to the extent Indemnitor shall not relieve the Indemnitor is materially prejudiced by of any liability that it may otherwise have to any Indemnitee other than under this Article 7. If the delay. At Indemnitor fails to provide defense of the claim, and diligently defend or settle the same after receipt of notice from Indemnitee of, and a reasonable opportunity to cure, such failure, the Indemnitee may defend or settle the claim without prejudice to its rights to indemnification hereunder, provided that the Indemnitee does so diligently and in good faith and further does not enter into any settlement or agree to any stipulation that would adversely affect the rights of the Indemnitor or impose any additional obligation on the Indemnitor without the Indemnitor’s request prior written consent (which consent will not be unreasonably withheld). The Indemnitee under this Article 7, its employees and expenseagents, the Indemnitee shall cooperate fully with the Indemnitor and its legal representatives in the investigation and defense of any action, claim or liability covered by this indemnification and provide full information with respect thereto. Subject to in the Indemnitee’s fulfillment investigation of its obligations under any Indemnifiable Losses covered by this Section 9.3, the Indemnitor shall pay any damages, costs or other amounts awarded against the Indemnitee (or payable by the Indemnitee pursuant to a settlement agreement entered into by the Indemnitor) in connection with such claimindemnification.

Appears in 3 contracts

Samples: Supply Agreement (Avi Biopharma Inc), Supply Agreement (Avi Biopharma Inc), Supply Agreement (Volcano CORP)

Procedure. A If a party or any of its Affiliates or their respective employees or agents (collectively, the "Indemnitee") that intends to claim indemnification under this Section 9 Article 10, the Indemnitee shall promptly notify the other party (the "Indemnitor") of any loss, claim, damage, liability or action in respect of which the Indemnitee intends to claim such indemnification, and the Indemnitor shall have the right to participate in, and, to the extent the Indemnitor so desires, to assume sole Control of the defense thereof with counsel mutually satisfactory selected by the Indemnitor and reasonably acceptable to the partiesIndemnitee, including provided, however, that an Indemnitee shall have the right to retain its own counsel, with the fees and expenses to be paid by the Indemnitee, if representation of such Indemnitee by the counsel retained by the Indemnitor would be inappropriate due to actual or potential differing interests between such Indemnitee and any other party represented by such counsel in such proceedings. The Indemnitor shall have the right to settle or compromise any claims for which it is providing indemnification under this Article 10, provided that the action on behalf consent of the Indemnitee on any terms the Indemnitor deems desirable (which shall not be unreasonably withheld or delayed) shall be required in the exercise event any such settlement or compromise would adversely affect the interests of its sole discretion, except that the Indemnitor shall not, without the Indemnitee’s prior written consent. The indemnity agreement in this Article 10 shall not apply to amounts paid in settlement of any loss, settle any such claim claim, damage, liability or action if such settlement contains a stipulation to or admission or acknowledgment of any liability or wrongdoing on is effected without the part consent of the Indemnitee or imposes any obligation on the Indemnitee other than a monetary obligation, and only to the extent the Indemnitor assumes directly, and in full, such obligation and is able to fulfill such obligationIndemnitor. The failure to deliver written notice to the Indemnitor within a reasonable time after the commencement of any such action shall not affect or limit action, if prejudicial to the Indemnitor’s duty 's ability to defend such action but action, shall relieve such Indemnitor of any liability to the Indemnitee solely under this Article 10, but the omission so to deliver notice to the extent the Indemnitor is materially prejudiced by the delaywill not relieve it of any liability that it may have to any Indemnitee otherwise than under this Article 10. At the Indemnitor’s request The Indemnitee under this Article 10, its employees and expenseagents, the Indemnitee shall cooperate fully with the Indemnitor and its legal representatives in the investigation and defense of any action, claim or liability covered by this indemnification and provide full information with respect thereto. Subject to the Indemnitee’s fulfillment of its obligations under this Section 9.3, the Indemnitor shall pay any damages, costs or other amounts awarded against the Indemnitee (or payable by the Indemnitee pursuant to a settlement agreement entered into by the Indemnitor) in connection with such claimindemnification.

Appears in 3 contracts

Samples: Collaboration and License Agreement (Lexicon Genetics Inc/Tx), Collaboration and License Agreement (Lexicon Genetics Inc/Tx), Therapeutic Protein Alliance Agreement (Lexicon Genetics Inc/Tx)

Procedure. A party (In the “Indemnitee”) event that an Indemnitee intends to claim indemnification under this Section 9 8, such Indemnitee shall promptly notify the other party (the “Indemnitor”) Indemnitor of any loss, claim, damage, liability or action in respect of which the Indemnitee intends to claim such indemnificationIndemnification, and the Indemnitor shall have the right to participate in, and, to the extent the Indemnitor so desires, to assume sole Control of the defense thereof with counsel mutually satisfactory to the parties; provided, including however, that an Indemnitee shall have the right to settle retain its own counsel, [*****************************************************], if representation of such Indemnitee by the action on behalf of the Indemnitee on any terms counsel retained by the Indemnitor deems desirable would be inappropriate due to actual or potential differing interests between such Indemnitee and any other party represented by such counsel in the exercise such proceedings. The indemnity agreement in this Section 8 shall not apply to amounts paid in settlement of its sole discretionany loss, except that the Indemnitor shall notclaim, without the Indemnitee’s prior written consentdamage, settle any such claim liability or action if such settlement contains a stipulation to or admission or acknowledgment of any liability or wrongdoing on is effected without, the part consent of the Indemnitee or imposes any obligation on the Indemnitee other than a monetary obligationIndemnitor, and only to the extent the Indemnitor assumes directly, and in full, such obligation and is able to fulfill such obligationwhich consent shall not be withheld unreasonably. The failure to deliver written notice to the Indemnitor within a reasonable time after the commencement of any such action shall not affect or limit Indemnitor’s duty action, if prejudicial to its ability to defend such action but action, shall relieve the Indemnitor of any liability to the Indemnitee solely under this Section 8, but the omission so to deliver notice to the extent the Indemnitor is materially prejudiced by the delaywill not relieve it of any liability that it may have to any Indemnitee otherwise than under this Section 8. At the Indemnitor’s request The Indemnitee under this Section 8, its employees and expenseagents, the Indemnitee shall cooperate fully with the Indemnitor and its legal representatives in the investigation and defense of any action, claim or liability covered by this indemnification and provide full information with respect thereto. Subject to the Indemnitee’s fulfillment of its obligations under this Section 9.3, the Indemnitor shall pay any damages, costs or other amounts awarded against the Indemnitee (or payable by the Indemnitee pursuant to a settlement agreement entered into by the Indemnitor) in connection with such claimindemnification.

Appears in 3 contracts

Samples: Technology License Agreement (Altus Pharmaceuticals Inc.), Technology License Agreement (Altus Pharmaceuticals Inc.), Technology License Agreement (Altus Pharmaceuticals Inc.)

Procedure. A party (i) Any indemnification or advances to be made pursuant to Sections 1 and/or 3 shall be made by the Company as soon as practicable, but in no event later than thirty (30) days after receipt of a written request for indemnification or advances, as the case may be, by Indemnitee. During the interval between the Company’s receipt of such a request under paragraph (b) that intends to claim indemnification under of this Section 9 shall promptly notify the other party (the “Indemnitor”) of any loss, claim, damage, liability or action in respect of which the Indemnitee intends to claim such indemnification3, and the Indemnitor later to occur of (i) payment in full to Indemnitee of the indemnification or advances required by Sections 1 and 3 or (ii) a determination (if required) pursuant to this Agreement and applicable law that Indemnitee is not entitled to indemnification hereunder, the Company shall have take all necessary steps (whether or not such steps require expenditures to be made by the right Company at that time), to participate in, stay (pending a final determination of Indemnitee’s entitlement to indemnification and, if Indemnitee is so entitled, the payment thereof) the execution, enforcement or collection of any judgments, penalties, fines or any other amounts for which Indemnitee may be liable (and as to which Indemnitee has requested indemnification hereunder) in order to avoid Indemnitee being or becoming in default with respect to any such amounts (such necessary steps to include, but not be limited to, the extent the Indemnitor so desiresprocurement of a surety bond to achieve such stay or a loan to Indemnitee of amounts for which Indemnitee may be liable and as to which a stay of execution as aforesaid cannot be obtained), to assume sole Control promptly after receipt of the defense thereof with counsel mutually satisfactory to the parties, including the right to settle the action on behalf of the Indemnitee on any terms the Indemnitor deems desirable in the exercise of its sole discretion, except that the Indemnitor shall not, without the Indemnitee’s prior written consentrequest therefor together with a written undertaking by Indemnitee to repay promptly following receipt of a statement therefor from the Company, settle any amounts (if any) expended by the Company for such claim purpose, if it is ultimately determined (if such settlement contains a stipulation determination is required) that Indemnitee is not entitled to or admission or acknowledgment of any liability or wrongdoing on the part of the Indemnitee or imposes any obligation on the Indemnitee other than a monetary obligationbe indemnified against such judgments, and only to the extent the Indemnitor assumes directlypenalties, and in full, such obligation and is able to fulfill such obligation. The failure to deliver written notice to the Indemnitor within a reasonable time after the commencement of any such action shall not affect or limit Indemnitor’s duty to defend such action but shall relieve Indemnitor of liability to the Indemnitee solely to the extent the Indemnitor is materially prejudiced by the delay. At the Indemnitor’s request and expense, the Indemnitee shall cooperate fully with the Indemnitor and its legal representatives in the investigation and defense of any action, claim or liability covered by this indemnification and provide full information with respect thereto. Subject to the Indemnitee’s fulfillment of its obligations under this Section 9.3, the Indemnitor shall pay any damages, costs fines or other amounts awarded against the Indemnitee (or payable by the Indemnitee pursuant to a settlement agreement entered into by the Indemnitor) in connection with such claimamounts.

Appears in 3 contracts

Samples: Indemnification Agreement (Sumtotal Systems Inc), Indemnification Agreement (Sumtotal Systems Inc), Indemnification Agreement (Hockey Merger Corp)

Procedure. A party Promptly after receipt by an Indemnified Person of notice of the commencement of any action (the “Indemnitee”) that including any governmental investigation or inquiry), such Indemnified Person will, if such Indemnified Person intends to make a claim indemnification under in respect thereof against the party agreeing to indemnify such Indemnified Person pursuant to paragraphs (a) or (b) hereof (each such Person being hereinafter referred to as an "Indemnifying Person"), give written notice to such Indemnifying Person of the commencement thereof, but the omission so to notify the Indemnifying Person shall not relieve the Indemnifying Person from any of its obligations pursuant to the provisions of this Section 9 6 except to the extent that the Indemnifying Person is actually prejudiced by such failure to give notice. In case any such action is brought against any Indemnified Person and it notifies an Indemnifying Person of the commencement thereof, the Indemnifying Person shall promptly notify be entitled to participate in, and to the extent that it may wish, jointly with any other party (Indemnifying Person similarly notified, to assume the “Indemnitor”) defense thereof, with counsel reasonably satisfactory to such Indemnified Person, and after notice from the Indemnifying Person to such Indemnified Person, the Indemnifying Person shall not, except as hereinafter provided, be responsible for any legal or other expenses subsequently incurred by such Indemnified Person in connection with the defense thereof. No Indemnifying Person will consent to entry of any loss, claim, damage, judgment or enter into any settlement which does not include as an unconditional term thereof the giving by the claimant or plaintiff to such Indemnified Person of a release from all liability or action in respect of which the Indemnitee intends to such claim such indemnification, and the Indemnitor or litigation. Such Indemnified Person shall have the right to employ separate counsel in any such action and to participate inin the defense thereof, and, but the fees and expenses of such counsel shall be the expense of such Indemnified Person unless (a) the Indemnifying Person has agreed to pay such fees and expenses or (b) the extent the Indemnitor so desires, Indemnifying Person shall have failed to assume sole Control the defense of such action or proceeding or has failed to employ counsel reasonably satisfactory to such Indemnified Person in any such action or proceeding or (c) the named parties to any such action or proceeding (including any impleaded parties) include both such Indemnified Person and the Indemnifying Person and such Indemnified Person shall have been advised by counsel that representation of both parties by the same counsel would be inappropriate due to actual or potential material differing interests between them (in which case, if such Indemnified Person notifies the Indemnifying Person in writing that it elects to employ separate counsel at the expense of the defense thereof with counsel mutually satisfactory to Indemnifying Person, the parties, including Indemnifying Person shall not have the right to settle assume the defense of such action or proceeding on behalf of the Indemnitee on any terms the Indemnitor deems desirable in the exercise of its sole discretion, except that the Indemnitor shall not, without the Indemnitee’s prior written consent, settle any such claim if such settlement contains a stipulation to or admission or acknowledgment of any liability or wrongdoing on the part of the Indemnitee or imposes any obligation on the Indemnitee other than a monetary obligation, and only to the extent the Indemnitor assumes directly, and in full, such obligation and is able to fulfill such obligationIndemnified Person). The failure to deliver written notice to the Indemnitor within a reasonable time after the commencement Indemnifying Person shall not be liable for any settlement of any such action or proceeding effected without its written consent, which consent shall not affect unreasonably be withheld, delayed or limit Indemnitor’s duty to defend conditioned, but if settled with its written consent, or if there is a final judgment for the plaintiff in any such action but shall relieve Indemnitor of liability to the Indemnitee solely to the extent the Indemnitor is materially prejudiced by the delay. At the Indemnitor’s request and expenseor proceeding, the Indemnitee shall cooperate fully with the Indemnitor Company agrees to indemnify and its legal representatives in the investigation hold harmless such Indemnified Persons from and defense of against any action, claim loss or liability covered by this indemnification and provide full information with respect thereto. Subject to the Indemnitee’s fulfillment reason of its obligations under this Section 9.3, the Indemnitor shall pay any damages, costs such settlement or other amounts awarded against the Indemnitee (or payable by the Indemnitee pursuant to a settlement agreement entered into by the Indemnitor) in connection with such claimjudgment.

Appears in 2 contracts

Samples: Registration Rights Agreement (Internationale Nederlanden Capital Corp), Registration Rights Agreement (Creative Host Services Inc)

Procedure. A If a claim by a third party is made and a party (the "Indemnitee") that intends to claim indemnification under this Section 9 Article 11, the Indemnitee shall promptly notify the other party (the "Indemnitor") in writing of any loss, claim, damage, liability or action claim in respect of which the Indemnitee or any of its subsidiaries, directors, officers, employees, shareholders, suppliers or distributors intends to claim such indemnification, indemnification and the Indemnitor shall have the right to participate in, and, to the extent the Indemnitor so desires, to assume sole Control control of the defense thereof and/or settlement thereof, provided that the Indemnitee may participate in any such proceeding with counsel mutually satisfactory to the parties, including the right to settle the action on behalf of the Indemnitee on any terms the Indemnitor deems desirable in the exercise of its sole discretion, except that the Indemnitor choice at its own expense. The indemnity agreement in this Article 11 shall not, without the Indemnitee’s prior written consent, settle not apply to amounts paid in settlement of any such claim Indemnifiable Losses if such settlement contains a stipulation to or admission or acknowledgment of any liability or wrongdoing on is effected without the part consent of the Indemnitee or imposes any obligation on the Indemnitee other than a monetary obligationIndemnitor, and only to the extent the Indemnitor assumes directly, and in full, such obligation and is able to fulfill such obligationwhich consent shall not be withheld unreasonably. The failure to deliver written notice to the Indemnitor within a reasonable time after the commencement of any such action shall not affect or limit Indemnitor’s duty action, if adversely prejudicial to its ability to defend such action but action, shall relieve such Indemnitor of any liability to the Indemnitee solely under this Article 11, but the omission to so deliver written notice to the extent Indemnitor shall not relieve the Indemnitor is materially prejudiced by of any liability that it may otherwise have to any Indemnitee other than under this Article 11. If the delay. At Indemnitor fails to provide defense of the Indemnitor’s request claim, and expensediligently defend or settle the same after receipt of notice from Indemnitee of, and a reasonable opportunity to cure such failure, the Indemnitee may defend or settle the claim without prejudice to its rights to indemnification hereunder, provided that the Indemnitee does so diligently and in good faith and further does not enter into any settlement or agree to any stipulation that would adversely affect the rights of the Indemnitor or impose any additional obligation on the Indemnitor without the Indemnitor's prior written consent (which consent will not be unreasonably withheld). The Indemnitee under this Article 11, its employees and agents, shall cooperate fully with the Indemnitor and its legal representatives in the investigation and defense of any action, claim or liability covered by this indemnification and provide full information with respect thereto. Subject in the investigation of any Indemnifiable Losses, in order to the Indemnitee’s fulfillment of its obligations under be covered by this Section 9.3, the Indemnitor shall pay any damages, costs or other amounts awarded against the Indemnitee (or payable by the Indemnitee pursuant to a settlement agreement entered into by the Indemnitor) in connection with such claimindemnification.

Appears in 2 contracts

Samples: Distribution Agreement (Macropore Inc), Distribution Agreement (Macropore Inc)

Procedure. A (a) Upon receipt by one party of notice of any claim by a third party which might give rise to indemnification hereunder, or upon such party's discovery of facts which might give rise to indemnification hereunder, the party claiming indemnification hereunder (the "Indemnitee") that intends shall give prompt written notice to claim indemnification under this Section 9 shall promptly notify the other party (the "Indemnitor"), which notice shall describe in reasonable detail the Damages anticipated to be suffered (if ascertainable) and the specific circumstances thereof, and specifying the provisions of this Agreement to which such claim for Damages relates (the "Damage Claim Notice"). The Indemnitee may amend the Damage Claim Notice, without prejudice to its rights hereunder, if it becomes aware of facts indicating that the Damages anticipated to be suffered have increased or decreased from those estimated in the previous Damage Claim Notice. A failure to provide or amend the Damage Claim Notice shall not relieve the Indemnitor from any loss, claim, damage, liability obligations or action in respect of which liabilities that the Indemnitor may have to the Indemnitee intends to claim such indemnificationhereunder, and the Indemnitor shall have the right to participate in, and, except to the extent that the Indemnitor so desireshas been adversely prejudiced as a result of such failure. The Indemnitor shall be entitled to participate in the defense of any such claim or action which is a third party claim or action at the Indemnitor's own cost and, upon the prior written consent of the Indemnitee (which consent shall not be unreasonably withheld or delayed), to assume sole Control the defense thereof, with counsel of Indemnitor's own choosing, the cost of which shall be paid for by the Indemnitor. Upon notice from Indemnitor to Indemnitee of Indemnitor's election to assume the defense, the Indemnitor will not be liable to the Indemnitee for any legal or other expenses subsequently incurred by the Indemnitee in connection with the defense thereof. The Indemnitee may not compromise or settle any claim for which it has asserted or may assert its right to indemnification without the prior written consent of the Indemnitor, which consent shall not be unreasonably withheld or delayed. The Indemnitor may not compromise or settle any claim for which Indemnitor has elected to assume the defense thereof with counsel mutually satisfactory to the parties, including the right to settle the action on behalf of the Indemnitee on any terms the Indemnitor deems desirable in the exercise of its sole discretion, except that the Indemnitor shall not, without the Indemnitee’s 's prior written consent, settle any unless (i) Indemnitor has acknowledged its obligation to pay all Damages relating to such claim if and has provided to Indemnitee evidence reasonably satisfactory to Indemnitee that Indemnitor has the financial wherewithal to pay such Damages, (ii) such settlement will not contain any terms that would interfere in the normal operations of the Indemnitee, and (iii) such settlement contains a stipulation to or admission or acknowledgment unconditional release of any liability or wrongdoing on the part of the Indemnitee or imposes any obligation on the Indemnitee other than a monetary obligation, and only to the extent the Indemnitor assumes directly, and in full, such obligation and is able to fulfill such obligation. The failure to deliver written notice to the Indemnitor within a reasonable time after the commencement of any such action shall not affect or limit Indemnitor’s duty to defend such action but shall relieve Indemnitor of liability to the Indemnitee solely to the extent the Indemnitor is materially prejudiced by the delay. At the Indemnitor’s request and expense, the Indemnitee shall cooperate fully with the Indemnitor and its legal representatives in the investigation and defense of any action, claim or liability covered by this indemnification and provide full information with respect thereto. Subject to all claims against the Indemnitee’s fulfillment of its obligations under this Section 9.3, the Indemnitor shall pay any damages, costs or other amounts awarded against the Indemnitee (or payable by the Indemnitee pursuant to a settlement agreement entered into by the Indemnitor) in connection with such claim.

Appears in 2 contracts

Samples: Purchase Agreement (China Direct Trading Corp), Purchase Agreement (China Direct Trading Corp)

Procedure. A party (the "Indemnitee") that intends to claim --------- indemnification under this Section 9 Agreement shall promptly notify the other party (the "Indemnitor") of any loss, claim, damagedemand, liability action or action in respect of other proceeding for which the Indemnitee intends to claim such indemnification, and the Indemnitor shall have the right to participate in, and, to the extent the Indemnitor so desires, to assume sole Control control of the defense thereof with counsel mutually satisfactory to selected by the partiesIndemnitor; provided, including the right to settle the action on behalf of however, that the Indemnitee on any terms shall have the Indemnitor deems desirable in absolute right -------- ------- to retain its own counsel, with the exercise of its sole discretion, except that the Indemnitor shall not, without fees and expenses to be paid by the Indemnitee’s prior written consent. The indemnity obligations under this Agreement shall not apply to amounts paid in settlement of any loss, settle any such claim claim, damage, liability or action if such settlement contains a stipulation to or admission or acknowledgment of any liability or wrongdoing on is effected without the part consent of the Indemnitee Indemnitor, which consent shall not be unreasonably withheld or imposes any obligation on the Indemnitee other than a monetary obligation, and only to the extent the Indemnitor assumes directly, and in full, such obligation and is able to fulfill such obligationdelayed. The failure to deliver written notice to the Indemnitor within a reasonable time after the commencement of any such action shall not affect or limit action, if prejudicial to Indemnitor’s duty 's ability to defend such action but action, shall relieve the Indemnitor of any liability to the Indemnitee solely under this Agreement, but the omission to deliver such notice to the extent the Indemnitor is materially prejudiced by the delay. At the Indemnitor’s request and expense, shall not relieve it of any liability that it may have to the Indemnitee otherwise than under this Agreement. The Indemnitee, its employees and agents, shall cooperate fully with the Indemnitor and its legal representatives in the investigation and defense of any action, claim or liability covered by this an indemnification and provide full information with respect theretofrom the Indemnitor. Subject to No Indemnitor shall, without the prior written consent of the Indemnitee’s fulfillment , effect any settlement of its obligations under this Section 9.3any pending or threatened action, suit or proceeding in respect of which any Indemnitee is or could have been a party and indemnity could have been sought hereunder by such Indemnitee, unless such settlement includes an unconditional release of such Indemnitee from all liability on claims that are the Indemnitor shall pay any damagessubject matter of such action, costs suit or other amounts awarded against the Indemnitee (or payable by the Indemnitee pursuant to a settlement agreement entered into by the Indemnitor) in connection with such claimproceeding.

Appears in 2 contracts

Samples: Research Collaboration Agreement (3 Dimensional Pharmaceuticals Inc), Research Collaboration Agreement (3 Dimensional Pharmaceuticals Inc)

Procedure. A party (the “Indemnitee”) Party that intends to claim indemnification under this Section 9 Article 11 (the “Indemnitee”) shall promptly notify the other party Indemnitor (the “Indemnitor”) in writing of any loss, claim, damage, liability or action Claim in respect of which the Indemnitee intends to claim such indemnification, and the Indemnitor shall have the right to participate in, and, to the extent the Indemnitor so desires, to assume sole Control of the defense thereof with counsel mutually satisfactory to the parties, including the right to settle the action on behalf of the Indemnitee on any terms the Indemnitor deems desirable in the exercise of its sole discretion, except that the Indemnitor shall not, without the Indemnitee’s prior written consent, settle any such claim if such settlement contains a stipulation to or admission or acknowledgment of any liability or wrongdoing on the part of the Indemnitee or imposes any obligation on the Indemnitee other than a monetary obligation, and only to the extent the Indemnitor assumes directly, and in full, such obligation and is able to fulfill such obligation. The failure to deliver written notice to the Indemnitor within a reasonable time after the commencement of any such action with respect to a Claim shall not affect or limit Indemnitor’s duty to defend such action but shall only relieve the Indemnitor of liability to the Indemnitee solely its indemnification obligations under this Article 11 if and to the extent the Indemnitor is actually and materially prejudiced by thereby. The Indemnitor has sole control of the delaydefense or settlement thereof. At the Indemnitor’s request and expense, the The Indemnitee shall cooperate fully with the Indemnitor and its legal representatives in the investigation and defense of any action, claim or liability action with respect to a Claim covered by this indemnification indemnification. The Indemnitee may participate at its expense in the Indemnitor’s defense of and provide full information settlement negotiations for any Claim with respect thereto. Subject to counsel of the Indemnitee’s fulfillment own selection. The Indemnitor shall not settle any Claim without the prior written consent of its obligations under this Section 9.3the Indemnitee, not to be unreasonably withheld, conditioned or delayed. So long as the Indemnitor is actively defending the Claim in good faith, the Indemnitee shall not settle or compromise any such Claim without the prior written consent of the Indemnitor. If the Indemnitor does not assume and conduct the defense of the Claim as provided above: (a) the Indemnitee may defend against, consent to the entry of any judgment, or enter into any settlement with respect to such Claim in any manner the Indemnitee may deem reasonably appropriate (and the Indemnitee need not consult with, or obtain any consent from, the Indemnitor in connection therewith); and (b) the Indemnitor shall pay any damages, costs or other amounts awarded against remain responsible to indemnify the Indemnitee (or payable by the Indemnitee pursuant to a settlement agreement entered into by the Indemnitor) as provided in connection with such claimthis Article 11.

Appears in 2 contracts

Samples: Research and Collaboration Agreement (ProQR Therapeutics N.V.), Research and Collaboration Agreement (ProQR Therapeutics N.V.)

Procedure. A party (the "Indemnitee") that intends to claim indemnification under this Section 9 Article 10 shall promptly notify the other party Party (the "Indemnitor") of any loss, claim, damagedemand, liability action or action in respect of proceeding for which the Indemnitee intends to claim such indemnification, and the Indemnitor shall have the right to participate in, and, to the extent the Indemnitor so desires, to assume sole Control of control the defense thereof with counsel mutually satisfactory to of its selection; provided, however, that the parties, including Indemnitee shall have the right to settle retain its own advisory counsel, with the action on behalf fees and expenses to be paid by the Indemnitee, if representation of the Indemnitee on any terms by the counsel retained by the Indemnitor deems desirable would be inappropriate due to actual or potential differing interests between such Indemnitee and any other party represented by such counsel in such proceedings. If Indemnitor does not elect within (30) days after such notice to so control the exercise defense of such proceeding, Indemnitee may undertake such control, and Indemnitor shall be entitled to advisory counsel of its sole discretionown selection. The indemnity agreement in this Article 10 shall not apply to amounts paid in settlement of any claim, except that the Indemnitor shall notdemand, without the Indemnitee’s prior written consent, settle any such claim action or proceeding if such settlement contains a stipulation to or admission or acknowledgment of any liability or wrongdoing on is effected without the part written consent of the Indemnitee or imposes any obligation on the Indemnitee other than a monetary obligationIndemnitor, and only to the extent the Indemnitor assumes directly, and in full, such obligation and is able to fulfill such obligationwhich consent shall not be withheld unreasonably. The failure to deliver written notice to the Indemnitor within a reasonable time after the commencement of any such action shall not affect or limit Indemnitor’s duty action, if prejudicial to its ability to defend such action but action, shall relieve such Indemnitor of any liability to the Indemnitee solely to the extent the Indemnitor is materially prejudiced by the delay. At the Indemnitor’s request and expense, the Indemnitee shall cooperate fully with the Indemnitor and its legal representatives in the investigation and defense of any action, claim or liability covered by this indemnification and provide full information with respect thereto. Subject to the Indemnitee’s fulfillment of its obligations under this Section 9.3Article 10, but the Indemnitor shall pay any damages, costs or other amounts awarded against the Indemnitee (or payable by the Indemnitee pursuant to a settlement agreement entered into by the Indemnitor) in connection with such claim.omission so to

Appears in 2 contracts

Samples: License, Services and Marketing Agreement (Oncormed Inc), License, Services and Marketing Agreement (Oncormed Inc)

Procedure. A party Promptly after acquiring knowledge of any Loss, or any action, suit, investigation, proceeding, demand, assessment, audit, judgment, or claim (“Claim”) which may result in a Loss, and prior to the Expiration Date, the Person seeking indemnity under this Article VII (the “Indemnitee”) that intends shall give written notice thereof to claim indemnification under this Section 9 shall promptly notify the other party from whom indemnity is sought (the “Indemnitor”). The Indemnitor shall have the right, at its expense, to defend, contest or compromise such Claim, through counsel of its choice (unless such Indemnitor is relieved of its liability hereunder with respect to such Claim and Loss and Litigation Expense by the Indemnitee) and shall not then be liable for fees or expenses of any lossthe Indemnitee’s attorneys (unless the Indemnitor and Indemnitee are parties to the action and there exists a conflict of interest between the Indemnitor and the Indemnitee, claim, damage, liability or action in respect which event the Indemnitor will be responsible for the reasonable fees and expenses of which the Indemnitee intends to claim such indemnificationone firm representing Indemnitee), and the Indemnitee and the Indemnitor shall provide to each other all necessary and reasonable cooperation in the defense of all Claims. In the event that the Indemnitor shall undertake to compromise or defend any Claim, it shall promptly notify the Indemnitee of its intention to do so. In the event that the Indemnitor, after written notice from Indemnitee, fails to take timely action to defend the same, the Indemnitee shall have the right to participate indefend the same by counsel of its own choosing, andbut at the cost and expense of the Indemnitor, to provided, no settlement of a Claim by Indemnitee shall be effected without the extent consent of the Indemnitor so desires, unless Indemnitee waives any right to assume sole Control indemnification therefor. The Indemnitor may settle or compromise the entry of any judgment (a) which includes the defense thereof unconditional release by the Person asserting the Claim and any related claimants of Indemnitee from all liability with counsel mutually respect to such Claim in form and substance reasonably satisfactory to the partiesIndemnitee, including and (b) which would not adversely affect the right to settle the action on behalf of the Indemnitee on any terms the Indemnitor deems desirable in the exercise of its sole discretion, except that the Indemnitor shall not, without the Indemnitee’s prior written consent, settle any such claim if such settlement contains a stipulation to or admission or acknowledgment of any liability or wrongdoing on the part of the Indemnitee or imposes any obligation on the Indemnitee other than a monetary obligation, and only to the extent the Indemnitor assumes directly, and in full, such obligation and is able to fulfill such obligation. The failure to deliver written notice to the Indemnitor within a reasonable time after the commencement of any such action shall not affect or limit Indemnitor’s duty to defend such action but shall relieve Indemnitor of liability to the Indemnitee solely to the extent the Indemnitor is materially prejudiced by the delay. At the Indemnitor’s request and expense, the Indemnitee shall cooperate fully with the Indemnitor and its legal representatives in the investigation Affiliates to own, hold use and defense of any action, claim or liability covered by this indemnification operate their respective assets and provide full information with respect thereto. Subject to the Indemnitee’s fulfillment of its obligations under this Section 9.3, the Indemnitor shall pay any damages, costs or other amounts awarded against the Indemnitee (or payable by the Indemnitee pursuant to a settlement agreement entered into by the Indemnitor) in connection with such claimbusinesses.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Epicept Corp), Asset Purchase Agreement (Epicept Corp)

Procedure. A party The Indemnitee (the “"Indemnitee") that intends to claim --------- ---------- indemnification under this Section 9 Agreement shall promptly notify the other party (the "Indemnitor") of any loss, claim, damagedemand, liability action or action in respect of other proceeding for which the ---------- Indemnitee intends to claim such indemnification, and the Indemnitor shall have the right to participate in, and, to the extent the Indemnitor so desires, to assume sole Control control of the defense thereof with counsel mutually satisfactory to selected by the partiesIndemnitor; provided, including however, that the Indemnitee shall have the absolute right to settle retain its own counsel, with the action on behalf of the Indemnitee on any terms the Indemnitor deems desirable in the exercise of its sole discretion, except that the Indemnitor shall not, without fees and expenses to be paid by the Indemnitee’s prior written consent. The indemnity obligations under this Agreement shall not apply to amounts paid in settlement of any loss, settle any such claim claim, damage, liability or action if such settlement contains a stipulation to or admission or acknowledgment of any liability or wrongdoing on is effected without the part consent of the Indemnitee Indemnitor, which consent shall not be unreasonably withheld or imposes any obligation on the Indemnitee other than a monetary obligation, and only to the extent the Indemnitor assumes directly, and in full, such obligation and is able to fulfill such obligationdelayed. The failure to deliver written notice to the Indemnitor within a reasonable time after the commencement of any such action shall not affect or limit action, if prejudicial to Indemnitor’s duty 's ability to defend such action but action, shall relieve the Indemnitor of any liability to the Indemnitee solely to the extent the Indemnitor is materially prejudiced by the delayunder this Article VII. At the Indemnitor’s request The Indemnitee, its employees, agents, officers, directors and expense, the Indemnitee partners shall cooperate fully with the Indemnitor and its legal representatives in the investigation and defense of any action, claim or liability covered by this an indemnification and provide full information with respect thereto. Subject to the Indemnitee’s fulfillment of its obligations under this Section 9.3, the Indemnitor shall pay any damages, costs or other amounts awarded against the Indemnitee (or payable by the Indemnitee pursuant to a settlement agreement entered into by from the Indemnitor) in connection with such claim.

Appears in 2 contracts

Samples: Advertising Services Agreement (Altavista Co), Advertising Services Agreement (Altavista Co)

Procedure. A party (the “Indemnitee”) that If any Indemnitee intends to claim indemnification under this Section 9 shall Article 7, the Indemnitee will promptly notify the other party providing the indemnification (the Indemnitor”) in writing of any loss, claim, damage, liability or action Claim in respect of which the Indemnitee intends to claim such indemnification, and the Indemnitor shall have the right to participate in, and, to the extent the Indemnitor so desires, to will assume sole Control of the defense thereof with counsel mutually satisfactory selected by the Indemnitor and reasonably acceptable to the partiesIndemnitee; provided, including however, that an Indemnitee will have the right to settle retain its own counsel, with the action on behalf fees and expenses to be paid by the Indemnitee, if representation of such Indemnitee by the counsel retained by the Indemnitor would be inappropriate due to actual or potential differing interests between such Indemnitee and any other Party represented by such counsel in such proceedings. The Indemnitor will have the right to control the defense of, and settle, dispose of or compromise any claims for which it is providing indemnification under this Article 10; provided that the prior written consent of the Indemnitee on any terms the Indemnitor deems desirable (which will not be unreasonably withheld, delayed, or conditioned) will be required in the exercise event any such settlement, disposition or compromise would adversely affect the interests of its sole discretionthe Indemnitee. The indemnity agreement in this Article 7 will not apply to amounts paid in settlement or pursuant to the compromise or disposition of any loss, except that the Indemnitor shall notclaim, damage, liability, or action if such settlement, compromise or disposition is effected without the Indemnitee’s prior written consent, settle any such claim if such settlement contains a stipulation to or admission or acknowledgment of any liability or wrongdoing on the part consent of the Indemnitee or imposes any obligation on the Indemnitee other than a monetary obligation, and only to the extent the Indemnitor assumes directly, and in full, such obligation and is able to fulfill such obligationIndemnitor. The failure to deliver written notice to the Indemnitor within a reasonable time after the commencement of any such action shall not affect or limit action, if prejudicial to the Indemnitor’s duty ability to defend such action but shall action, will relieve the Indemnitor of any liability to the Indemnitee solely under this Article 7, but the omission so to deliver notice to the extent Indemnitor will not relieve the Indemnitor is materially prejudiced by the delayof any liability that it may have to any Indemnitee otherwise than under this Article 7. At the Indemnitor’s request The Indemnitee, its employees, and expenseits agents, the Indemnitee shall will cooperate fully with the Indemnitor and its legal representatives in the investigation and defense of any action, claim claim, or liability covered by this indemnification and provide full information with respect thereto. Subject to the Indemnitee’s fulfillment of its obligations under this Section 9.3, the Indemnitor shall pay any damages, costs or other amounts awarded against the Indemnitee (or payable by the Indemnitee pursuant to a settlement agreement entered into by the Indemnitor) in connection with such claimindemnification.

Appears in 2 contracts

Samples: Collaboration and Development Agreement (Zander Therapeutics, Inc), Collaboration and Development Agreement

Procedure. A If a claim by a third party is made and a party (the "Indemnitee") that intends to claim indemnification under this Section 9 Article 9, the Indemnitee shall promptly notify the other party (the "Indemnitor") in writing of any loss, claim, damage, liability or action claim in respect of which the Indemnitee or any of its subsidiaries, directors, officers, employees, shareholders, suppliers or distributors intends to claim such indemnification, indemnification and the Indemnitor shall have the right to participate in, and, to the extent the Indemnitor so desires, to assume sole Control control of the defense thereof and/or settlement thereof, provided that the Indemnitee may participate in any such proceeding with counsel mutually satisfactory to the parties, including the right to settle the action on behalf of the Indemnitee on any terms the Indemnitor deems desirable in the exercise of its sole discretion, except that the Indemnitor choice at its own expense. The indemnity agreement in this Article 9 shall not, without the Indemnitee’s prior written consent, settle not apply to amounts paid in settlement of any such claim Indemnifiable Losses if such settlement contains a stipulation to or admission or acknowledgment of any liability or wrongdoing on is effected without the part consent of the Indemnitee or imposes any obligation on the Indemnitee other than a monetary obligationIndemnitor, and only to the extent the Indemnitor assumes directly, and in full, such obligation and is able to fulfill such obligationwhich consent shall not be withheld unreasonably. The failure to deliver written notice to the Indemnitor within a reasonable time after the commencement of any such action shall not affect or limit Indemnitor’s duty action, if adversely prejudicial to its ability to defend such action but action, shall relieve such Indemnitor of any liability to the Indemnitee solely under this Article 9 but the omission to so deliver written notice to the extent Indemnitor shall not relieve the Indemnitor is materially prejudiced by of any liability that it may otherwise have to any Indemnitee other than under this Article 9. If the delay. At Indemnitor fails to provide defense of the Indemnitor’s request claim, and expensediligently defend or settle the same after receipt of notice from Indemnitee of, and a reasonable opportunity to cure, such failure, the Indemnitee may defend or settle the claim without prejudice to its rights to indemnification hereunder, provided that the Indemnitee does so diligently and in good faith and further does not enter into any settlement or agree to any stipulation that would adversely affect the rights of the Indemnitor or impose any additional obligation on the Indemnitor without the Indemnitor's prior written consent (which consent will not be unreasonably withheld). The Indemnitee under this Article 9, its employees and agents, shall cooperate fully with the Indemnitor and its legal representatives in the investigation and defense of any action, claim or liability covered by this indemnification and provide full information with respect thereto. Subject to in the Indemnitee’s fulfillment investigation of its obligations under any Indemnifiable Losses covered by this Section 9.3, the Indemnitor shall pay any damages, costs or other amounts awarded against the Indemnitee (or payable by the Indemnitee pursuant to a settlement agreement entered into by the Indemnitor) in connection with such claimindemnification.

Appears in 2 contracts

Samples: Development and Supply Agreement (Macropore Inc), Development and Supply Agreement (Macropore Inc)

Procedure. A party (the “Indemnitee”) that intends to claim indemnification under this Section 9 Agreement shall promptly notify the other party (the “Indemnitor”) of any loss, claim, damagedemand, liability action or action in respect of other proceeding for which the Indemnitee intends to claim such indemnification, and the Indemnitor shall have the right to participate in, and, to the extent the Indemnitor so desires, to assume sole Control control of the defense thereof with counsel mutually satisfactory to selected by the partiesIndemnitor; provided, including however, that the Indemnitee shall have the absolute right to settle retain its own counsel, with the action on behalf of the Indemnitee on any terms the Indemnitor deems desirable in the exercise of its sole discretion, except that the Indemnitor shall not, without fees and expenses to be paid by the Indemnitee’s prior written consent. The indemnity obligations under this Agreement shall not apply to amounts paid in settlement of any loss, settle any such claim claim, damage, liability or action if such settlement contains a stipulation to or admission or acknowledgment of any liability or wrongdoing on is effected without the part consent of the Indemnitee Indemnitor, which consent shall not be unreasonably withheld or imposes any obligation on the Indemnitee other than a monetary obligation, and only to the extent the Indemnitor assumes directly, and in full, such obligation and is able to fulfill such obligationdelayed. The failure to deliver written notice to the Indemnitor within a reasonable time after the commencement of any such action shall not affect or limit action, if prejudicial to Indemnitor’s duty ability to defend such action but action, shall relieve the Indemnitor of any liability to the Indemnitee solely under this Agreement, but the omission to deliver such notice to the extent the Indemnitor is materially prejudiced by the delay. At the Indemnitor’s request and expense, shall not relieve it of any liability that it may have to the Indemnitee otherwise than under this Agreement. The Indemnitee, its employees and agents, shall cooperate fully with the Indemnitor and its legal representatives in the investigation and defense of any action, claim or liability covered by this an indemnification and provide full information with respect theretofrom the Indemnitor. Subject to No Indemnitor shall, without the prior written consent of the Indemnitee’s fulfillment , effect any settlement of its obligations under this Section 9.3any pending or threatened action, suit or proceeding in respect of which any Indemnitee is or could have been a party and indemnity could have been sought hereunder by such Indemnitee, unless such settlement includes an unconditional release of such Indemnitee from all liability on claims that are the Indemnitor shall pay any damagessubject matter of such action, costs suit or other amounts awarded against the Indemnitee (or payable by the Indemnitee pursuant to a settlement agreement entered into by the Indemnitor) in connection with such claimproceeding.

Appears in 2 contracts

Samples: Research Agreement (Axonyx Inc), Intellectual Property Assignment Agreement (Axonyx Inc)

Procedure. A party (the "Indemnitee") that intends to claim indemnification under this Section 9 Article 7 shall promptly notify the other party (the "Indemnitor") of any loss, claim, damage, liability or action in respect of which the Indemnitee intends to claim such indemnification, and the Indemnitor shall have the right to participate in, and, to the extent the Indemnitor so desires, jointly with any other Indemnitor similarly noticed, to assume sole Control of the defense thereof with counsel mutually satisfactory to selected by the partiesIndemnitor; provided, including however, that an Indemnitee shall have the right to settle retain its own counsel, with the action on behalf fees and expenses to be paid by the Indemnitor, if representation of such Indemnitee by the Indemnitee on any terms counsel retained by the Indemnitor deems desirable would be inappropriate due to actual or potential differing interests between such Indemnitee and any other party represented by such counsel in such proceedings and shall have the exercise right to retain its own counsel at its own expense for any reason (subject to the Indemnitor's right to control such defense). The indemnity obligations under this Article 7 shall not apply to amounts paid in settlement of its sole discretionany loss, except that the Indemnitor shall notclaim, without the Indemnitee’s prior written consentdamage, settle any such claim liability or action if such settlement contains a stipulation to or admission or acknowledgment of any liability or wrongdoing on is effected without the part consent of the Indemnitee or imposes any obligation on the Indemnitee other than a monetary obligationIndemnitor, and only to the extent the Indemnitor assumes directly, and in full, such obligation and is able to fulfill such obligationwhich consent shall not be withheld unreasonably. The failure to deliver written notice to the Indemnitor within a reasonable time after the commencement of any such action shall not affect or limit Indemnitor’s duty to defend relieve such action but shall relieve Indemnitor of liability to the Indemnitee solely under this Article 7 to the extent such failure is prejudicial to its ability to defend such action, but the omission so to deliver notice to the Indemnitor is materially prejudiced by the delaywill not relieve it of any liability that it may have to any Indemnitee otherwise than under this Article 7. At the Indemnitor’s request The Indemnitee, its employees and expenseagents, the Indemnitee shall cooperate fully with the Indemnitor and its legal representatives in the investigation and defense of any action, claim or liability covered by this indemnification and provide full information with respect thereto. Subject to the Indemnitee’s fulfillment of its obligations under this Section 9.3, the Indemnitor shall pay any damages, costs or other amounts awarded against the Indemnitee (or payable by the Indemnitee pursuant to a settlement agreement entered into by the Indemnitor) in connection with such claimindemnification.

Appears in 2 contracts

Samples: Supply and Development Agreement (Xoma LTD), Supply and Development Agreement (Xoma LTD)

Procedure. A party Promptly after acquiring knowledge of any Loss, or any action, suit, investigation, proceeding, demand, assessment, audit, judgment, or claim (“Claim”) which may result in a Loss, and prior to the Expiration Date, the Person seeking indemnity under this Article IX (the “Indemnitee”) that intends shall give written notice thereof to claim the party from whom indemnification under this Section 9 shall promptly notify the other party is sought (the “Indemnitor”). The Indemnitor shall have the right, at its expense, to defend, contest or compromise such Claim, through counsel of its choice (unless such Indemnitor is relieved of its liability hereunder with respect to such Claim and Loss and Litigation Expense by the Indemnitee) and shall not then be liable for fees or expenses of any lossthe Indemnitee’s attorneys (unless the Indemnitor and Indemnitee are parties to the action and there exists a conflict of interest between the Indemnitor and the Indemnitee, claim, damage, liability or action in respect which event the Indemnitor will be responsible for the reasonable fees and expenses of which the Indemnitee intends to claim such indemnificationone firm), and the Indemnitee and the Indemnitor shall provide to each other all necessary and reasonable cooperation in the defense of all Claims. In the event that the Indemnitor shall undertake to compromise or defend any Claim, it shall promptly notify the Indemnitee of its intention to do so. If the Indemnitor, after written notice from Indemnitee, (a) fails within thirty (30) days after receipt of such notice to notify the Indemnitee (i) of its intent to defend against such Loss or Claim and (ii) that it irrevocably acknowledge its obligation to indemnify the Indemnitee pursuant to this Agreement for such Loss or Claim, or (b) after providing such notice fails to defend, contest, or otherwise protect against such Loss or Claim, or (c) after commencing to defend, contest or otherwise protect against such Loss or Claim fails to diligently continue to defend, contest or otherwise protect against the same, then in any such case the Indemnitee shall have the right to participate indefend the same by counsel of its own choosing, and, to but at the extent cost and expense of the Indemnitor. If the Indemnitor so desiresprovides the Indemnitee with the notice contemplated by this Section 9.4(a)(i) and (ii), then the Indemnitor may settle or compromise the entry of any judgment (x) which includes the unconditional release by the Person asserting the Claim and any related claimants of Indemnitee from all liability with respect to assume sole Control of the defense thereof with counsel mutually such Claim in form and substance reasonably satisfactory to the partiesIndemnitee, including and (y) which would not adversely affect the right to settle the action on behalf of the Indemnitee on any terms the Indemnitor deems desirable in the exercise of its sole discretion, except that the Indemnitor shall not, without the Indemnitee’s prior written consent, settle any such claim if such settlement contains a stipulation to or admission or acknowledgment of any liability or wrongdoing on the part of the Indemnitee or imposes any obligation on the Indemnitee other than a monetary obligation, and only to the extent the Indemnitor assumes directly, and in full, such obligation and is able to fulfill such obligation. The failure to deliver written notice to the Indemnitor within a reasonable time after the commencement of any such action shall not affect or limit Indemnitor’s duty to defend such action but shall relieve Indemnitor of liability to the Indemnitee solely to the extent the Indemnitor is materially prejudiced by the delay. At the Indemnitor’s request and expense, the Indemnitee shall cooperate fully with the Indemnitor and its legal representatives in the investigation Affiliates to own, hold use and defense of any action, claim or liability covered by this indemnification operate their respective assets and provide full information with respect thereto. Subject to the Indemnitee’s fulfillment of its obligations under this Section 9.3, the Indemnitor shall pay any damages, costs or other amounts awarded against the Indemnitee (or payable by the Indemnitee pursuant to a settlement agreement entered into by the Indemnitor) in connection with such claimbusinesses.

Appears in 2 contracts

Samples: Confidential Treatment (Alimera Sciences Inc), Confidential Treatment Requested (Alimera Sciences Inc)

Procedure. A party (Any of the “Indemnitee”) 3DP Indemnitees that intends to claim indemnification under this Section 9 Article 10 shall promptly notify the other party BMS (the "Indemnitor") in writing of any loss, claim, damage, liability or action loss in respect of which the 3DP Indemnitee intends to claim such indemnification, and shall permit the Indemnitor to assume direction and control of the defense of the claim (including the selection of counsel and the sole right to settle it at the sole discretion of the Indemnitor, provided that such settlement does not impose any material obligation or detriment on the 3DP Indemnitee), and shall cooperate as requested (at the expense of the Indemnitor) in the defense of the claim; provided, however, that a 3DP Indemnitee shall have the right to participate inretain its own counsel, and, with the fees and expenses to the extent the Indemnitor so desires, to assume sole Control of the defense thereof with counsel mutually satisfactory to the parties, including the right to settle the action on behalf of the Indemnitee on any terms the Indemnitor deems desirable in the exercise of its sole discretion, except that the Indemnitor shall not, without the be paid by such 3DP Indemnitee’s prior written consent, settle any such claim if such settlement contains a stipulation to or admission or acknowledgment of any liability or wrongdoing on the part of the Indemnitee or imposes any obligation on the Indemnitee other than a monetary obligation, and only to the extent the Indemnitor assumes directly, and in full, such obligation and is able to fulfill such obligation. The failure to deliver written notice to the Indemnitor within a reasonable time after the commencement of any such action shall not affect or limit Indemnitor’s duty action, if prejudicial to its ability to defend such action but action, shall relieve the Indemnitor of any liability to the 3DP Indemnitee solely to the extent the Indemnitor is materially prejudiced by the delayunder this Article 10. At the Indemnitor’s request and expense's request, the 3DP Indemnitee under this Article 10, and its employees and agents, shall cooperate fully with the Indemnitor and its legal representatives in the investigation and defense of any action, claim or liability loss covered by this indemnification and provide full true, correct and complete information with respect thereto. Subject to ** Certain portions of this Exhibit have been omitted based upon a request for confidential treatment that has been filed with the Indemnitee’s fulfillment of its obligations under this Section 9.3, Commission. The omitted portions have been filed separately with the Indemnitor shall pay any damages, costs or other amounts awarded against the Indemnitee (or payable by the Indemnitee pursuant to a settlement agreement entered into by the Indemnitor) in connection with such claim.Commission

Appears in 2 contracts

Samples: License and Option Agreement (3 Dimensional Pharmaceuticals Inc), License and Option Agreement (3 Dimensional Pharmaceuticals Inc)

Procedure. A party (the “Indemnitee”) that Archemix promptly shall notify Aptamera of any claim, demand, action or other proceeding for which Archemix intends to claim indemnification under this Section 9 shall promptly notify the other party (the “Indemnitor”) of any loss, claim, damage, liability or action in respect of which the Indemnitee intends to claim such indemnification, and the Indemnitor . Aptamera shall have the right to participate in, and, and to the extent the Indemnitor Archemix so desiresdesires jointly with any other indemnitor similarly noticed, to assume sole Control of the defense thereof with counsel mutually satisfactory to the partiesselected by Aptamera; provided, including however, that Archemix shall have the right to settle retain its own counsel, with the fees and expenses to be paid by Archemix. The indemnity obligations under this Section 13 shall not apply to amounts paid in settlement of any claim, demand, action on behalf of the Indemnitee on any terms the Indemnitor deems desirable in the exercise of its sole discretion, except that the Indemnitor shall not, without the Indemnitee’s prior written consent, settle any such claim or other proceeding if such settlement contains a stipulation to is effected without the prior express written consent of Aptamera, which consent shall not be unreasonably withheld or admission or acknowledgment of any liability or wrongdoing on the part of the Indemnitee or imposes any obligation on the Indemnitee other than a monetary obligation, and only to the extent the Indemnitor assumes directly, and in full, such obligation and is able to fulfill such obligationdelayed. The failure to deliver written notice to the Indemnitor Aptamera within a reasonable time after notice of any such claim or demand, or the commencement of any such action shall not affect or limit Indemnitor’s duty other proceeding, if prejudicial to its ability to defend such claim, demand, action but or other proceeding, shall relieve such Indemnitor of any liability to Archemix under this Section 13 with respect thereto, but the Indemnitee solely omission so to deliver notice to Aptamera shall not relieve it of any liability that it may have to Archemix other than under this Section 13. Aptamera may not settle or otherwise consent to an adverse judgment in any such claim, demand, action or other proceeding, that diminishes the extent rights or interests of Archemix without the Indemnitor is materially prejudiced by the delayprior express written consent of Archemix, which consent shall not be unreasonably withheld or delayed. At the Indemnitor’s request Archemix, its employees and expenseagents, the Indemnitee shall reasonably cooperate fully with the Indemnitor Aptamera and its legal representatives Portions of this Exhibit were omitted and have been filed separately with the Secretary of the Commission pursuant to the Company’s application requesting confidential treatment under Rule 406 of the Securities Act. in the investigation and defense of any actionclaim, claim demand, action or liability other proceeding covered by this indemnification and provide full information with respect thereto. Subject to the Indemnitee’s fulfillment of its obligations under this Section 9.3, the Indemnitor shall pay any damages, costs or other amounts awarded against the Indemnitee (or payable by the Indemnitee pursuant to a settlement agreement entered into by the Indemnitor) in connection with such claim13.

Appears in 2 contracts

Samples: Technology Development and License Agreement (Nitromed Inc), Technology Development and License Agreement (Archemix Corp.)

Procedure. A party (the "Indemnitee") that intends to claim indemnification under this Section 9 Article 10 shall promptly notify the other party (the "Indemnitor") of any loss, claim, damage, liability or action in respect of which the Indemnitee intends to claim such indemnification, and the Indemnitor shall have the right to participate in, and, to the extent the Indemnitor so desires, jointly with any other Indemnitor similarly noticed, to assume sole Control of the defense thereof with counsel mutually satisfactory to selected by the partiesIndemnitor; provided, including however, that an Indemnitee shall have the right to settle retain its own counsel, with the action on behalf fees and expenses to be paid by the Indemnitor, if representation of such Indemnitee by the Indemnitee on any terms counsel retained by the Indemnitor deems desirable would be inappropriate due to actual or potential differing interests between such Indemnitee and any other party represented by such counsel in such proceedings and shall have the exercise right to retain its own counsel at its own expense for any reason (subject to the Indemnitor's right to control such defense). The indemnity obligations under this Article 10 shall not apply to amounts paid in settlement of its sole discretionany loss, except that the Indemnitor shall notclaim, without the Indemnitee’s prior written consentdamage, settle any such claim liability or action if such settlement contains a stipulation to or admission or acknowledgment of any liability or wrongdoing on is effected without the part consent of the Indemnitee or imposes any obligation on the Indemnitee other than a monetary obligationIndemnitor, and only to the extent the Indemnitor assumes directly, and in full, such obligation and is able to fulfill such obligationwhich consent shall not be withheld unreasonably. The failure to deliver written notice to the Indemnitor within a reasonable time after the commencement of any such action shall not affect or limit Indemnitor’s duty to defend relieve such action but shall relieve Indemnitor of any liability to the Indemnitee solely under this Article 10 to the extent such failure is prejudicial to its ability to defend such action, but the omission so to deliver notice to the Indemnitor is materially prejudiced by the delaywill not relieve it of any liability that it may have to any Indemnitee otherwise than under this Article 10. At the Indemnitor’s request The Indemnitee, its employees and expenseagents, the Indemnitee shall cooperate fully with the Indemnitor and its legal representatives in the investigation and defense of any action, claim or liability covered by this indemnification and provide full information with respect thereto. Subject to the Indemnitee’s fulfillment of its obligations under this Section 9.3, the Indemnitor shall pay any damages, costs or other amounts awarded against the Indemnitee (or payable by the Indemnitee pursuant to a settlement agreement entered into by the Indemnitor) in connection with such claimindemnification.

Appears in 2 contracts

Samples: License Agreement (Xoma LTD), License Agreement (Xoma LTD)

Procedure. A party If a Party (the “Indemnitee”) that intends to claim indemnification under this Section 9 13, it shall promptly notify the other party Party (the “Indemnitor”) in writing of any loss, claim, damagedemand, liability action or action in respect of other proceeding for which the Indemnitee intends to claim such indemnification, and the Indemnitor shall have the right to participate in, and, to the extent the Indemnitor so desires, to assume sole Control of the defense thereof with counsel mutually satisfactory to the partiesParties; provided, including however, that an Indemnitee shall have the right to settle retain its own counsel, with the action on behalf fees and expenses to be paid by the Indemnitor, if representation of such Indemnitee by the counsel retained by the Indemnitor would be inappropriate due to actual or potential differing interests between the Indemnitee on and any terms the Indemnitor deems desirable other Party represented by such counsel in the exercise such proceeding. The obligations of its sole discretionthis Article 13 shall not apply to amounts paid in settlement of any claim, except that the Indemnitor shall notdemand, without the Indemnitee’s prior written consent, settle any such claim action or other proceeding if such settlement contains a stipulation to or admission or acknowledgment of any liability or wrongdoing on is effected without the part consent of the Indemnitee Indemnitor, which consent shall not be withheld or imposes any obligation on the Indemnitee other than a monetary obligation, and only to the extent the Indemnitor assumes directly, and in full, such obligation and is able to fulfill such obligationdelayed unreasonably. The failure to deliver written notice to the Indemnitor within a reasonable time after the commencement of any such action shall not affect or limit Indemnitor’s duty action, if prejudicial to its ability to defend such action but action, shall relieve the Indemnitor of liability any obligation to the Indemnitee solely to the extent the Indemnitor is materially prejudiced by the delayunder this Article 13. At the Indemnitor’s request The Indemnitee, its employees and expenseagents, the Indemnitee shall reasonably cooperate fully with the Indemnitor and its legal representatives in the investigation and defense of any actionclaim, claim demand, action or liability other proceeding covered by this indemnification and provide full information with respect theretoArticle 13. Subject to the Indemnitee’s fulfillment of its obligations under this Section 9.3{ * } = CERTAIN CONFIDENTIAL INFORMATION CONTAINED IN THIS DOCUMENT, the Indemnitor shall pay any damagesMARKED BY BRACKETS, costs or other amounts awarded against the Indemnitee (or payable by the Indemnitee pursuant to a settlement agreement entered into by the Indemnitor) in connection with such claimIS FILED WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO RULE 24B-2 OF THE SECURITIES EXCHANGE ACT OF 1934, AS AMENDED. THE NOTATION “[RESERVED]” IS ORIGINAL, IS CURRENTLY IN THE DOCUMENT AND DOES NOT REFLECT INFORMATION REDACTED PURSUANT TO RULE 24B-2 OF THE SECURITIES EXCHANGE ACT OF 1934, AS AMENDED.

Appears in 2 contracts

Samples: Collaboration Agreement (Sunesis Pharmaceuticals Inc), Collaboration Agreement (Sunesis Pharmaceuticals Inc)

Procedure. A party (the "Indemnitee") that intends to claim indemnification under this Section 9 Article 16 shall promptly notify the other party (the "Indemnitor") of any loss, claim, damage, liability Liability or action in respect of which the Indemnitee intends or any of its Affiliates intend to claim such indemnification, and the Indemnitor shall have the right to participate in, and, to the extent the Indemnitor so desires, jointly with any other Indemnitor similarly noticed, to assume sole Control of the defense thereof with counsel mutually satisfactory to selected by the partiesIndemnitor; provided, including however, that an Indemnitee shall have the right to settle retain its own counsel, with the action on behalf fees and expenses to be paid by the Indemnitee, if representation of such Indemnitee by the Indemnitee on any terms counsel retained by the Indemnitor deems desirable would be inappropriate due to actual or potential differing interests between such Indemnitee and any other party represented by such counsel in the exercise such proceedings. The indemnity obligations under this Article 16 shall not apply to amounts paid in settlement of its sole discretionany loss, except that the Indemnitor shall notclaim, without the Indemnitee’s prior written consentdamage, settle any such claim liability or action if such settlement contains a stipulation to or admission or acknowledgment of any liability or wrongdoing on is effected without the part consent of the Indemnitee or imposes any obligation on the Indemnitee other than a monetary obligationIndemnitor, and only to the extent the Indemnitor assumes directly, and in full, such obligation and is able to fulfill such obligationwhich consent shall not be withheld unreasonably. The failure to deliver written notice to the Indemnitor within a reasonable time after the commencement of any such action shall not affect or limit Indemnitor’s duty action, if prejudicial to its ability to defend such action but action, shall relieve such Indemnitor of any liability to the Indemnitee solely under this Article 16, but the omission so to deliver notice to the extent the Indemnitor is materially prejudiced by the delaywill not relieve it of any liability that it may have to any Indemnitee otherwise than under this Article 16. At the Indemnitor’s request The Indemnitee, its employees and expenseagents, the Indemnitee shall cooperate fully with the Indemnitor and its legal representatives in the investigation and defense of any action, claim or liability covered by this indemnification and provide full information with respect thereto. Subject to the Indemnitee’s fulfillment of its obligations under this Section 9.3, the Indemnitor shall pay any damages, costs or other amounts awarded against the Indemnitee (or payable by the Indemnitee pursuant to a settlement agreement entered into by the Indemnitor) in connection with such claimindemnification.

Appears in 2 contracts

Samples: Research Agreement (Seattle Genetics Inc /Wa), Research Agreement (Seattle Genetics Inc /Wa)

Procedure. A If a party (the an “Indemnitee”) that intends to claim indemnification under this Section 9 Article 13, it shall promptly notify the other indemnifying party (the “Indemnitor”) in writing of any loss, claim, damagedemand, liability action or action in respect of other proceeding for which the Indemnitee intends to claim such indemnification, and the Indemnitor shall have the right to participate in, and, to the extent the Indemnitor so desires, to assume sole Control of the defense thereof with counsel mutually satisfactory to the parties; provided, including however, that an Indemnitee shall have the right to settle retain its own counsel, with the action on behalf fees and expenses to be paid by the Indemnitor, if representation of such Indemnitee by the Indemnitee on any terms counsel retained by the Indemnitor deems desirable would be inappropriate due to actual or potential differing interests between such Indemnitee and any other party represented by such counsel in the exercise such proceeding. The indemnity agreement in this Article 13 shall not apply to amounts paid in settlement of its sole discretionany claim, except that the Indemnitor shall notdemand, without the Indemnitee’s prior written consent, settle any such claim action or other proceeding if such settlement contains a stipulation to or admission or acknowledgment of any liability or wrongdoing on is effected without the part consent of the Indemnitee Indemnitor, which consent shall not be withheld or imposes any obligation on the Indemnitee other than a monetary obligation, and only to the extent the Indemnitor assumes directly, and in full, such obligation and is able to fulfill such obligationdelayed unreasonably. The failure to deliver written notice to the Indemnitor within a reasonable time after the commencement of any such action shall not affect or limit Indemnitor’s duty action, if prejudicial to its ability to defend such action but action, shall relieve such Indemnitor of any liability to the Indemnitee solely under this Article 13, but the omission so to deliver written notice to the extent the Indemnitor is materially prejudiced by the delayshall not relieve it of any liability that it may have to any party claiming indemnification otherwise than under this Article 13. At the Indemnitor’s request The party claiming indemnification under this Article 13, its employees and expenseagents, the Indemnitee shall reasonably cooperate fully with the Indemnitor and its legal representatives in the investigation and defense of any actionclaim, claim demand, action or liability other proceeding covered by this indemnification indemnification. Portions of this Exhibit were omitted and provide full information have been filed separately with respect thereto. Subject the Secretary of the Commission pursuant to the IndemniteeCompany’s fulfillment application requesting confidential Investment under Rule 24b-2 under the Securities Exchange Act of its obligations under this Section 9.3, the Indemnitor shall pay any damages, costs or other amounts awarded against the Indemnitee (or payable by the Indemnitee pursuant to a settlement agreement entered into by the Indemnitor) in connection with such claim1934.

Appears in 2 contracts

Samples: Collaboration Agreement (Celldex Therapeutics, Inc.), Collaboration Agreement (Curagen Corp)

Procedure. A party (the "Indemnitee") that intends to claim indemnification under this Section 9 Article 8 shall promptly notify the other party (the "Indemnitor") of any loss, claim, damagedemand, liability action or action in respect of other proceeding for which the Indemnitee intends to claim such indemnification, and the . The Indemnitor shall have the right to participate in, and, and to the extent the Indemnitor so desiresdesires jointly with any other indemnitor similarly notified, to assume sole Control of the defense thereof with counsel mutually satisfactory to selected by the partiesIndemnitor; provided, including however, that the Indemnitee shall have the right to settle retain its own counsel, with the action on behalf fees and expenses to be paid by the Indemnitor, if representation of the Indemnitee on any terms by the counsel retained by the Indemnitor deems desirable would be inappropriate due to actual or potential differing interests between the Indemnitee and any other party represented by such counsel in the exercise such proceedings. The indemnity obligations under this Article 8 shall not apply to amounts paid in settlement of its sole discretionany claim, except that the Indemnitor shall notdemand, without the Indemnitee’s prior written consent, settle any such claim action or other proceeding if such settlement contains a stipulation to or admission or acknowledgment of any liability or wrongdoing on is effected without the part prior express written consent of the Indemnitee Indemnitor, which consent shall not be unreasonably withheld or imposes any obligation on the Indemnitee other than a monetary obligation, and only to the extent the Indemnitor assumes directly, and in full, such obligation and is able to fulfill such obligationdelayed. The failure to deliver written notice to the Indemnitor within a reasonable time after notice of any such claim or demand, or the commencement of any such action shall not affect or limit Indemnitor’s duty other proceeding, if prejudicial to its ability to defend such claim, demand, action but or other proceeding, shall relieve such Indemnitor of any liability to the Indemnitee solely under this Article 8 with respect thereto, but the omission so to deliver notice to the extent the Indemnitor is materially prejudiced by the delay. At the Indemnitor’s request and expense, shall not relieve it of any liability that it may have to the Indemnitee otherwise than under this Article 8. The Indemnitor may not settle or otherwise consent to an adverse judgment in any such claim, demand, action or other proceeding, that diminishes the rights or interests of the Indemnitee without the prior express written consent of the Indemnitee, which consent shall not be unreasonably withheld or delayed. The Indemnitee, its employees and agents, shall reasonably cooperate fully with the Indemnitor and its legal representatives in the investigation and defense of any actionclaim, claim demand, action or liability other proceeding covered by this indemnification and provide full information with respect thereto. Subject to the Indemnitee’s fulfillment of its obligations under this Section 9.3, the Indemnitor shall pay any damages, costs or other amounts awarded against the Indemnitee (or payable by the Indemnitee pursuant to a settlement agreement entered into by the Indemnitor) in connection with such claimArticle 8.

Appears in 2 contracts

Samples: Collaboration Agreement (Deltagen Inc), Collaboration Agreement (Deltagen Inc)

Procedure. A party Party (the “Indemnitee”"INDEMNITEE") that intends to claim indemnification under this Section 9 Article 11 shall promptly notify the other party Party (the “Indemnitor”"INDEMNITOR") of any loss, claim, damage, liability Liability or action in respect of which the Indemnitee intends to claim such indemnification, and the Indemnitor shall have the right to participate in, and, to the extent the Indemnitor so desires, jointly with any other Indemnitor similarly noticed, to assume sole Control of the defense thereof with counsel mutually satisfactory to selected by the partiesIndemnitor; PROVIDED, including HOWEVER, that the Indemnitee shall have the right to settle retain its own counsel, with the action on behalf fees and expenses to be paid by the Indemnitor, if representation of such Indemnitee by the Indemnitee on any terms counsel retained by the Indemnitor deems desirable would be inappropriate due to actual or potential differing interests between such Indemnitee and any other Party represented by such counsel in the exercise such proceedings. The indemnity obligations under this Article 11 shall not apply to amounts paid in settlement of its sole discretionany loss, except that the Indemnitor shall notclaim, without the Indemnitee’s prior written consentdamage, settle any such claim liability or action if such settlement contains a stipulation to or admission or acknowledgment of any liability or wrongdoing on is effected without the part consent of the Indemnitee or imposes any obligation on the Indemnitee other than a monetary obligationIndemnitor, and only to the extent the Indemnitor assumes directly, and in full, such obligation and is able to fulfill such obligationwhich consent shall not be withheld unreasonably. The failure to deliver written notice to the Indemnitor within a reasonable time after the commencement of any such action shall not affect or limit Indemnitor’s duty action, if prejudicial to its ability to defend such action but action, shall relieve such Indemnitor of any liability to the Indemnitee solely to the extent the Indemnitor is materially prejudiced by the delayunder this Article 11. At the Indemnitor’s request The Indemnitee, its Affiliates, employees and expenseagents, the Indemnitee shall cooperate fully with the Indemnitor and its legal representatives in the investigation and defense of any action, claim or liability covered by this indemnification and provide full information with respect thereto. Subject to the Indemnitee’s fulfillment of its obligations under this Section 9.3, the Indemnitor shall pay any damages, costs or other amounts awarded against the Indemnitee (or payable by the Indemnitee pursuant to a settlement agreement entered into by the Indemnitor) in connection with such claimindemnification.

Appears in 2 contracts

Samples: License Agreement (Virus Research Institute Inc), License Agreement (Virus Research Institute Inc)

Procedure. A party (the “Indemnitee”) that intends to claim indemnification under this Section ARTICLE 9 shall promptly notify the other party (the “Indemnitor”) of any loss, claim, damagedemand, liability action or action in respect of other proceeding for which the Indemnitee intends to claim such indemnification, and the . The Indemnitor shall have the right to participate in, and, to the extent the Indemnitor so desires, jointly with any other indemnitor similarly noticed, to assume sole Control of the defense thereof with counsel mutually satisfactory to selected by the partiesIndemnitor; provided, including however, that the Indemnitee shall have the right to settle retain its own counsel, with the action on behalf reasonable fees and expenses to be paid by the Indemnitee, if the Indemnitee reasonably determines that representation of the Indemnitee on any terms by counsel retained by the Indemnitor deems desirable would be inappropriate due to actual or potential differing interests between the Indemnitee and any other party represented by such counsel in the exercise such proceedings. The indemnity obligations under this ARTICLE 9 shall not apply to amounts paid in settlement of its sole discretionany claim, except that the Indemnitor shall notdemand, without the Indemnitee’s prior written consent, settle any such claim action or other proceeding if such settlement contains a stipulation to or admission or acknowledgment of any liability or wrongdoing on is effected without the part consent of the Indemnitee Indemnitor, which consent shall not be unreasonably withheld or imposes any obligation on the Indemnitee other than a monetary obligation, and only to the extent the Indemnitor assumes directly, and in full, such obligation and is able to fulfill such obligationdelayed. The failure to deliver written notice to the Indemnitor within a reasonable time after the commencement of any such action shall not affect or limit Indemnitor’s duty other proceeding, if prejudicial to its ability to defend such action but or other proceeding, shall relieve such Indemnitor of any liability to the Indemnitee solely under this ARTICLE 9, but the omission so to deliver notice to the extent Indemnitor will not relieve it of any liability that it may have to any Indemnitee otherwise than under this ARTICLE 9. The Indemnitor may not settle, or otherwise consent to an adverse judgment in, any such action or other proceeding that diminishes the Indemnitor is materially prejudiced by the delay. At the Indemnitor’s request and expense, rights or interests of the Indemnitee without the express written consent of the Indemnitee. The Indemnitee, its employees and agents, shall cooperate fully with the Indemnitor and its legal representatives in the investigation and defense of any actionclaim, claim demand, action or liability other proceeding covered by this indemnification and provide full information with respect thereto. Subject to the Indemnitee’s fulfillment of its obligations under this Section 9.3, the Indemnitor shall pay any damages, costs or other amounts awarded against the Indemnitee (or payable by the Indemnitee pursuant to a settlement agreement entered into by the Indemnitor) in connection with such claimindemnification.

Appears in 2 contracts

Samples: Restated Agreement (Gen Probe Inc), Restated Agreement (Gen Probe Inc)

Procedure. A party Party (the “Indemnitee”) that intends to claim indemnification under this Section 9 Article 5 shall promptly notify the other party Party (the “Indemnitor”) in writing of any loss, claim, damagecomplaint, liability suit, proceeding, cause of action or action other potential Liability in respect of which the Indemnitee intends to claim such indemnificationindemnification (for purposes of this Section 5.3, each a “Claim”), and the Indemnitor shall have sole control of the defense and/or settlement thereof; provided that the Indemnitee shall have the right to participate inparticipate, andat its own expense, to the extent the Indemnitor so desires, to assume sole Control with counsel of its own choosing in the defense thereof and/or settlement of such Claim. The indemnification under this Article 5 shall not apply to amounts paid with counsel mutually satisfactory respect to the parties, including the right to settle the action on behalf settlement of the Indemnitee on any terms the Indemnitor deems desirable in the exercise of its sole discretion, except that the Indemnitor shall not, without the Indemnitee’s prior written consent, settle any such claim Claim if such settlement contains a stipulation to or admission or acknowledgment of any liability or wrongdoing on is effected without the part consent of the Indemnitee Indemnitor, which consent will not be unreasonably withheld or imposes any obligation on the Indemnitee other than a monetary obligation, and only to the extent the Indemnitor assumes directly, and in full, such obligation and is able to fulfill such obligationdelayed. The failure to deliver written notice to the Indemnitor within a reasonable period of time after the commencement of any such action shall not affect claim, suit or limit Indemnitor’s duty proceeding, if prejudicial to its ability to defend such action but action, shall relieve such Indemnitor of any liability to the Indemnitee solely under this Article 5, but the omission to so deliver written notice to the extent Indemnitor shall not relieve the Indemnitor is materially prejudiced by of any liability to any Indemnitee otherwise than under this Article 5. Without limiting the delay. At the Indemnitor’s request and expenseforegoing, the Indemnitee shall cooperate fully with keep the Indemnitor and its legal representatives in fully informed of the investigation and defense progress of any action, Claim for which it intends to claim or liability covered by this indemnification and provide full information with respect thereto. Subject to the Indemnitee’s fulfillment of its obligations under this Section 9.3, the Article 5. The Indemnitor shall pay not be responsible for any damages, costs or other amounts awarded against the Indemnitee (or payable expenses incurred by the Indemnitee pursuant to a settlement agreement entered into by without the Indemnitor) in connection with such claim’s prior written consent, which consent will not be unreasonably withheld.

Appears in 2 contracts

Samples: License End User Agreement (Xenogen Corp), License End User Agreement (Xenogen Corp)

Procedure. A party Party or any of its Affiliates or their respective employees or agents (the "Indemnitee") that intends to claim indemnification under this Section Article 9 shall promptly notify the other party Party (the "Indemnitor") of any loss, claim, damage, liability liability, expenses, or action in respect of which the Indemnitee intends to claim such indemnification, and the Indemnitor shall have the right to participate in, and, to the extent the Indemnitor so desires, to assume sole Control of the defense thereof with counsel mutually satisfactory to the partiesParties; provided, including however, that an Indemnitee shall have the right to settle retain its own counsel, with the action on behalf fees and expenses to be paid by the Indemnitor, if representation of such Indemnitee by the Indemnitee on any terms counsel retained by the Indemnitor deems desirable would be inappropriate due to actual or potential differing interests between such Indemnitee and any other party represented by such counsel in the exercise such proceedings. The indemnity agreement in this Article 9 shall not apply to amounts paid in settlement of its sole discretionany loss, except that the Indemnitor shall notclaim, without the Indemnitee’s prior written consentdamage, settle any such claim liability or action if such settlement contains a stipulation to or admission or acknowledgment of any liability or wrongdoing on is effected without the part consent of the Indemnitee or imposes any obligation on the Indemnitee other than a monetary obligationIndemnitor, and only to the extent the Indemnitor assumes directly, and in full, such obligation and is able to fulfill such obligationwhich consent shall not be withheld unreasonably. The failure to deliver written notice to the Indemnitor within a reasonable time after the commencement of any such action shall not affect or limit Indemnitor’s duty action, if materially prejudicial to its ability to defend such action but action, shall relieve such Indemnitor of any liability to the Indemnitee solely under this Article 9, but the omission so to deliver notice to the extent the Indemnitor is materially prejudiced by the delaywill not relieve it of any liability that it may have to any Indemnitee otherwise than under this Article 9. At the Indemnitor’s request The Indemnitee under this Article 9, its employees and expenseagents, the Indemnitee shall cooperate fully with the Indemnitor and its legal representatives in the investigation and defense of any action, claim or liability covered by this indemnification indemnification. In the event that each Party claims indemnity from the other and provide full information with respect thereto. Subject one Party is finally held liable to indemnify the Indemnitee’s fulfillment of its obligations under this Section 9.3other, the Indemnitor shall additionally be liable to pay any damages, the reasonable legal costs or other amounts awarded against the Indemnitee (or payable and attorneys' fees incurred by the Indemnitee pursuant to a settlement agreement entered into by the Indemnitor) in connection with such claimestablishing its claim for indemnity.

Appears in 2 contracts

Samples: And Collaboration Agreement (Cambridge Neuroscience Inc), And Collaboration Agreement (Cambridge Neuroscience Inc)

Procedure. A party (the "Indemnitee") that intends to claim indemnification under this Section 9 Article 10 shall promptly notify the other party (the "Indemnitor") of any loss, claim, damagedemand, liability action or action in respect of other proceeding for which the Indemnitee intends to claim such indemnification, and the . The Indemnitor shall have the right to participate in, and, to the extent the Indemnitor so desires, jointly with any other indemnitor similarly noticed, to assume sole Control of the defense thereof with counsel mutually satisfactory to selected by the partiesIndemnitor; provided, including however, that the Indemnitee shall have the right to settle retain its own counsel, with the action on behalf reasonable fees and expenses to be paid by the Indemnitee, if the Indemnitee reasonably determines that representation of the Indemnitee on any terms by counsel retained by the Indemnitor deems desirable would be inappropriate due to actual or potential differing interests between the Indemnitee and any other party represented by such counsel in the exercise such proceedings. The indemnity obligations under this Article 10 shall not apply to amounts paid in settlement of its sole discretionany claim, except that the Indemnitor shall notdemand, without the Indemnitee’s prior written consent, settle any such claim action or other proceeding if such settlement contains a stipulation to or admission or acknowledgment of any liability or wrongdoing on is effected without the part consent of the Indemnitee Indemnitor, which consent shall not be unreasonably withheld or imposes any obligation on the Indemnitee other than a monetary obligation, and only to the extent the Indemnitor assumes directly, and in full, such obligation and is able to fulfill such obligationdelayed. The failure to deliver written notice to the Indemnitor within a reasonable time after the commencement of any such action shall not affect or limit Indemnitor’s duty other proceeding, if prejudicial to its ability to defend such action but or other proceeding, shall relieve such Indemnitor of any liability to the Indemnitee solely under this Article 10, but the omission so to deliver notice to the extent Indemnitor will not relieve it of any liability that it may have to any Indemnitee otherwise than under this Article 10. The Indemnitor may not settle, or otherwise consent to an adverse judgment in, any such action or other proceeding that diminishes the Indemnitor is materially prejudiced by the delay. At the Indemnitor’s request and expense, rights or interests of the Indemnitee without the express written consent of the Indemnitee. The Indemnitee, its employees and agents, shall cooperate fully with the Indemnitor and its legal representatives in the investigation and defense of any actionclaim, claim demand, action or liability other proceeding covered by this indemnification and provide full information with respect thereto. Subject to the Indemnitee’s fulfillment of its obligations under this Section 9.3, the Indemnitor shall pay any damages, costs or other amounts awarded against the Indemnitee (or payable by the Indemnitee pursuant to a settlement agreement entered into by the Indemnitor) in connection with such claimindemnification.

Appears in 2 contracts

Samples: Agreement (Gen Probe Inc), Agreement (Gen Probe Inc)

Procedure. A party Any person or entity intending to claim indemnification hereunder (the an “Indemnitee”) that intends to claim indemnification under this Section 9 shall promptly notify the other party hereunder from whom indemnification is sought (the “Indemnitor”) in writing within a reasonable time of any loss, claim, damage, liability or action in respect of third-party Claim for which the Indemnitee intends to claim such indemnification, and the Indemnitor shall have the right to participate in, and, to the extent the Indemnitor so desires, to assume sole Control of the defense thereof with counsel mutually satisfactory to the parties, including the right to settle the action on behalf of the Indemnitee on any terms the Indemnitor deems desirable in the exercise of its sole discretion, except that the Indemnitor shall not, without the Indemnitee’s prior written consent, settle any such claim if such settlement contains a stipulation to or admission or acknowledgment of any liability or wrongdoing on the part of the Indemnitee or imposes any obligation on the Indemnitee other than a monetary obligation, and only to the extent the Indemnitor assumes directly, and in full, such obligation and indemnification is able to fulfill such obligationsought hereunder. The failure to deliver written give timely notice to the Indemnitor within a reasonable time after the commencement of any such action shall not affect or limit Indemnitor’s duty to defend such action but shall relieve release the Indemnitor of from any liability to the Indemnitee solely to the extent the Indemnitor is materially not prejudiced thereby. The Indemnitor shall have the right, by notice to the delay. At Indemnitee within fifteen (15) business days after the Indemnitor’s request receipt of notice thereof, to assume the defense of any such third-party Claim with counsel of the Indemnitor’s choice and at Indemnitor’s sole expense. If the Indemnitor so assumes such defense, the Indemnitee may participate therein through counsel of its choice, but at its sole expense. The party not assuming the defense of the third-party Claim shall cooperate fully render all reasonable assistance to the party assuming the defense, and all reasonable out-of-pocket costs of such assistance shall be for the account of the Indemnitor. No such third-party Claim shall be settled other than by the party defending it, and then only with the Indemnitor and its legal representatives in consent of the investigation and defense of other party (which shall not be unreasonably withheld or delayed). The Indemnitee shall, however, have no obligation to consent to any action, claim or liability covered by this indemnification and provide full information with respect thereto. Subject to the Indemnitee’s fulfillment of its obligations under this Section 9.3, the Indemnitor shall pay any damages, costs or other amounts awarded against settlement which imposes on the Indemnitee (any liability or payable by the Indemnitee pursuant to a settlement agreement entered into obligation which cannot be assumed and performed in full by the Indemnitor) in connection with such claim, and the Indemnitee shall have no right to withhold its consent to any settlement which involves only the payment of money by the Indemnitor or its insurer.

Appears in 2 contracts

Samples: Manufacturing and Supply Agreement (Noven Pharmaceuticals Inc), Manufacturing and Supply Agreement (Biosante Pharmaceuticals Inc)

Procedure. A If a party or any of its Affiliates or their respective employees or agents (the "Indemnitee") that intends to claim indemnification under this Section 9 Article 10, the Indemnitee shall promptly notify the other party (the "Indemnitor") of any loss, claim, damage, liability or action in respect of which the Indemnitee intends to claim such indemnification, and the Indemnitor shall have the right to participate in, and, to the extent the Indemnitor so desires, to assume sole Control of the defense thereof with counsel mutually satisfactory to the parties; PROVIDED, including HOWEVER, that an Indemnitee shall have the right to settle retain its own counsel, with the action on behalf fees and expenses to be paid by the Indemnitor, if representation of such Indemnitee by the Indemnitee on any terms counsel retained by the Indemnitor deems desirable would be inappropriate due to actual or potential differing interests between such Indemnitee and any other party represented by such counsel in the exercise such proceedings. The indemnity agreement in Article 10 shall not apply to amounts paid in settlement of its sole discretionany loss, except that the Indemnitor shall notclaim, without the Indemnitee’s prior written consentdamage, settle any such claim liability or action if such settlement contains a stipulation to or admission or acknowledgment of any liability or wrongdoing on is effected without the part consent of the Indemnitee or imposes any obligation on the Indemnitee other than a monetary obligationIndemnitor, and only to the extent the Indemnitor assumes directly, and in full, such obligation and is able to fulfill such obligationwhich consent shall not be withheld unreasonably. The failure to deliver written notice to the Indemnitor within a reasonable time after the commencement of any such action shall not affect or limit Indemnitor’s duty action, if prejudicial to its ability to defend such action but action, shall relieve such Indemnitor of any liability to the Indemnitee solely under Article 10, but the omission so to deliver notice to the extent the Indemnitor is materially prejudiced by the delaywill not relieve it of any liability that it may have to any Indemnitee otherwise than under Article 10. At the Indemnitor’s request and expense, the The Indemnitee under Article 10 shall cooperate fully with the Indemnitor and its legal representatives in the investigation and defense of any action, claim or liability covered by this indemnification and provide full information with respect theretoindemnification. Subject to the Indemnitee’s fulfillment of its obligations under this Section 9.3, the The Indemnitor shall additionally be liable to pay any damages, the reasonable legal costs or other amounts awarded against the Indemnitee (or payable and attorneys' fees incurred by the Indemnitee pursuant to a settlement agreement entered into by the Indemnitor) in connection with such claimestablishing its claim for indemnity.

Appears in 2 contracts

Samples: Collaboration and License Agreement (Genome Therapeutics Corp), Collaboration and License Agreement (Genome Therapeutics Corp)

Procedure. A party (Any of the “Indemnitee”) 3DP Indemnitees that intends to claim --------- indemnification under this Section 9 Article 10 shall promptly notify the other party DPC (the "Indemnitor") in writing of any loss, claim, damage, liability or action loss in respect of which the 3DP Indemnitee intends to claim such indemnification, and the Indemnitor shall have the right to participate in, and, to the extent the Indemnitor so desires, to assume sole Control of the defense thereof with counsel mutually satisfactory to the partiesParties; provided, including however, that a 3DP Indemnitee shall have the right to settle retain its own counsel, with the action on behalf fees and expenses to be paid by the Indemnitee, if representation of such Indemnitee by the counsel retained by the Indemnitor would be inappropriate due to actual or potential differing interests between such 3DP Indemnitee and the Indemnitor in such proceeding. The Indemnitor shall control the defense and/or settlement of any such loss, and the indemnity agreement in this Article 10 shall not apply to amounts paid in connection with any loss if such payments are made without the consent of the Indemnitee on any terms the Indemnitor deems desirable in the exercise of its sole discretionIndemnitor, except that the Indemnitor which consent shall not, without the Indemnitee’s prior written consent, settle any such claim if such settlement contains a stipulation to or admission or acknowledgment of any liability or wrongdoing on the part of the Indemnitee or imposes any obligation on the Indemnitee other than a monetary obligation, and only to the extent the Indemnitor assumes directly, and in full, such obligation and is able to fulfill such obligationnot be withheld unreasonably. The failure to deliver written notice to the Indemnitor within a reasonable time after the commencement of any such action shall not affect or limit Indemnitor’s duty action, if prejudicial to its ability to defend such action but action, shall relieve such Indemnitor of any liability to the 3DP Indemnitee solely to the extent the Indemnitor is materially prejudiced by the delayunder this Article 10. At the Indemnitor’s request and expense's request, the 3DP Indemnitee under this Article 10, and its employees and agents, shall cooperate fully with the Indemnitor and its legal representatives in the investigation and defense of any action, claim or liability loss covered by this indemnification and provide full true, correct and complete information with respect thereto. Subject to the Indemnitee’s fulfillment of its obligations under this Section 9.3, the Indemnitor shall pay any damages, costs or other amounts awarded against the Indemnitee (or payable by the Indemnitee pursuant to a settlement agreement entered into by the Indemnitor) in connection with such claim.

Appears in 2 contracts

Samples: Nonexclusive Patent License Agreement (3 Dimensional Pharmaceuticals Inc), Nonexclusive Patent License Agreement (3 Dimensional Pharmaceuticals Inc)

Procedure. A party (the “Indemnitee”) Except with respect to Third Party infringement claims subject to Section 11.4 above, a Party that intends to claim indemnification under this Section 9 16 (the “Indemnitee”) shall promptly notify the other party Party (the “Indemnitor”) in writing of any lossThird Party Claim, claim, damage, liability or action in respect of which the Indemnitee intends to claim such indemnification, and the Indemnitor shall have sole control of the defense and/or settlement thereof; provided, that the Indemnitee shall have the right to participate in, and, to in the extent defense or settlement of such Third Party Claim with counsel of its own choosing at its expense. The Indemnitor shall keep the Indemnitor so desires, to assume sole Control Indemnitee fully informed of the defense thereof with counsel mutually satisfactory to the parties, including the right to settle the action on behalf progress of the Indemnitee on any terms the Indemnitor deems desirable in the exercise of its sole discretion, except that the Indemnitor shall not, without the Indemnitee’s prior written consent, settle any such claim Third Party Claim. The indemnity arrangement in this Section 16 shall not apply to amounts paid in settlement of any action with respect to a Third Party Claim, if such settlement contains a stipulation to or admission or acknowledgment of any liability or wrongdoing on is effected without the part consent of the Indemnitee Indemnitor, which consent shall not be withheld, delayed or imposes any obligation on the Indemnitee other than a monetary obligation, and only to the extent the Indemnitor assumes directly, and in full, such obligation and is able to fulfill such obligationconditioned unreasonably. The failure to deliver written notice to the Indemnitor within a reasonable time after the commencement of any such action shall not affect or limit Indemnitor’s duty with respect to a Third Party Claim, if prejudicial to its ability to defend such action but action, ***Certain information on this page has been omitted and filed separately with the Commission. Confidential treatment has been requested with respect to the omitted portions. shall relieve such Indemnitor of any liability to the Indemnitee solely under this Section 16 to the extent it is so prejudiced, but the omission to so deliver written notice to the Indemnitor is materially prejudiced by shall not relieve the delayIndemnitor of any liability that it may have to any Indemnitee otherwise than under this Section 16. At the Indemnitor’s request and expense, the The Indemnitee under this Section 16 shall cooperate fully with the Indemnitor and its legal representatives in the investigation and defense of any action, claim or liability action with respect to a Third Party Claim covered by this indemnification and provide full information with respect thereto. Subject to the Indemnitee’s fulfillment of its obligations under this Section 9.3, the Indemnitor shall pay any damages, costs or other amounts awarded against the Indemnitee (or payable by the Indemnitee pursuant to a settlement agreement entered into by the Indemnitor) in connection with such claimindemnification.

Appears in 2 contracts

Samples: Commercial Supply and License Agreement (NeurogesX Inc), Financing Agreement (NeurogesX Inc)

Procedure. 12.2.1 A party Party (the “Indemnitee”) that intends to claim indemnification under this Section 9 shall 12.2 will promptly notify provide notice to the other party Party (the “Indemnitor”) of any loss, claim, damage, liability or action Claim in respect of which the Indemnitee intends to claim such indemnification, which notice will include a reasonable identification of the alleged facts giving rise to such Liability, and the Indemnitor shall will have the right to participate in, and, to the extent the Indemnitor so desires, jointly with any other Indemnitor similarly noticed, to assume sole Control of control the defense thereof with counsel mutually satisfactory selected by the Indemnitor. However, notwithstanding the foregoing, except with respect to any Claim that is a Third Party Action, the partiesprocess for the defense of which will be governed by Section 10.6 and Section 10.7, including the Indemnitee will have the right to settle participate in, but not control, the action on behalf defense of any Claim, and request separate counsel, with the fees and expenses to be paid by the Indemnitee, unless (a) representation of such Indemnitee by the counsel retained by the Indemnitor would be inappropriate due to actual or potential differing interests between such Indemnitee and any other Party represented by such counsel in such proceedings or (b) the Indemnitor has failed to assume the defense of the applicable Claim, in which case ((a) or (b)), such fees and expenses will be paid by the Indemnitor. The Indemnitee on any terms the Indemnitor deems desirable will, and will cause each of its Affiliates and its and their respective directors, officers, employees and agents, as applicable, to, cooperate in the exercise defense or prosecution thereof and will furnish such records, information and testimony, provide such witnesses and attend such conferences, discovery proceedings, hearings, trials and appeals and otherwise providing reasonable access to such indemnitees and other employees and agents of its sole discretionthe Indemnitee, except in each case as may be reasonably requested in connection therewith; provided that the Indemnitor shall notwill reimburse the Indemnitee for its reasonable and verifiable out-of-pocket expenses in connection therewith. The Indemnitor may not settle any Claim, and the Indemnitee will not be responsible for or be bound by any settlement of a Claim that imposes an obligation on it, without the Indemnitee’s prior written consent, settle any such claim if such settlement contains a stipulation to or admission or acknowledgment of any liability or wrongdoing on the part consent of the Indemnitee Indemnitee, which consent will not be unreasonably withheld, conditioned or imposes any obligation on the Indemnitee other than a monetary obligation, and only to the extent the Indemnitor assumes directly, and in full, such obligation and is able to fulfill such obligation. The failure to deliver written notice to the Indemnitor within a reasonable time after the commencement of any such action shall not affect or limit Indemnitor’s duty to defend such action but shall relieve Indemnitor of liability to the Indemnitee solely to the extent the Indemnitor is materially prejudiced by the delay. At the Indemnitor’s request and expense, the Indemnitee shall cooperate fully with the Indemnitor and its legal representatives in the investigation and defense of any action, claim or liability covered by this indemnification and provide full information with respect thereto. Subject to the Indemnitee’s fulfillment of its obligations under this Section 9.3, the Indemnitor shall pay any damages, costs or other amounts awarded against the Indemnitee (or payable by the Indemnitee pursuant to a settlement agreement entered into by the Indemnitor) in connection with such claimdelayed.

Appears in 2 contracts

Samples: Collaboration and License Agreement (Codiak BioSciences, Inc.), Collaboration and License Agreement (Codiak BioSciences, Inc.)

Procedure. A party person or entity seeking indemnification hereunder (the --------- "Indemnitee") that intends to claim indemnification under this Section 9 shall promptly notify the other party from whom such indemnification is sought (the "Indemnitor") within a reasonable time in writing of any lossaction, claim, damage, claim or liability or action in respect of which the Indemnitee intends to claim such indemnification, and the Indemnitor shall have the right to participate in, and, to the extent the Indemnitor so desires, to assume sole Control of the defense thereof with counsel mutually satisfactory to the parties, including the right to settle the action on behalf of the Indemnitee on any terms the Indemnitor deems desirable in the exercise of its sole discretion, except provided that the Indemnitor shall not, without the Indemnitee’s prior written consent, settle any such claim if such settlement contains a stipulation to or admission or acknowledgment of any liability or wrongdoing on the part of the Indemnitee or imposes any obligation on the Indemnitee other than a monetary obligation, and only to the extent the Indemnitor assumes directly, and in full, such obligation and is able to fulfill such obligation. The failure to deliver written give timely notice to the -------- Indemnitor within a reasonable time after the commencement of any such action shall not affect or limit Indemnitor’s duty to defend such action but shall relieve release the Indemnitor of from any liability to the Indemnitee solely to the extent the Indemnitor is materially not prejudiced thereby. The Indemnitor shall have the right, by prompt notice to the delay. At Indemnitee, to assume the defense of such claim with counsel reasonably satisfactory to the Indemnitee and at the sole cost of the Indemnitor’s request , and expenseif the Indemnitor so assumes such defense, the Indemnitee shall cooperate fully with may participate therein through counsel of its choice, but at the sole cost of the Indemnitee. If the Indemnitor does not so assume the defense of such claim, the Indemnitee may assume such defense with counsel of its choice and its legal representatives in at the investigation and sole cost of the Indemnitor. The party not assuming the defense of any action, such claim or liability covered by this indemnification and provide full information with respect thereto. Subject shall render all reasonable assistance to the Indemnitee’s fulfillment party assuming such defense, and all out-of-pocket costs of its obligations under this Section 9.3such assistance shall be for the account of the Indemnitor. No such claim shall be settled other than by the party defending the same, and then only with the Indemnitor consent of the other party, which shall pay any damages, costs or other amounts awarded against not be unreasonably withheld; provided that the Indemnitee (or payable by shall have no obligation to -------- consent to any settlement of any such claim which imposes on the Indemnitee pursuant to a settlement agreement entered into any liability or obligation which cannot be assumed and performed in full by the Indemnitor) in connection with such claim.

Appears in 2 contracts

Samples: Development and Commercialization Agreement (Aderis Pharmaceuticals Inc), Development and Commercialization Agreement (Aderis Pharmaceuticals Inc)

Procedure. A party Promptly after receipt by an Indemnified Person of notice of the commencement of any action (the “Indemnitee”) that including any governmental investigation or inquiry), such Indemnified Person will, if such Indemnified Person intends to make a claim indemnification under in respect thereof against the party agreeing to indemnify such Indemnified Person pursuant to subsections (a) or (b) of this Section 9 shall promptly 7 (any such Person being hereinafter referred to as an "Indemnifying Person"), give written notice to such Indemnifying Person of the commencement thereof, but the omission so to notify the Indemnifying Person shall not relieve the Indemnifying Person from any of its obligations pursuant to the provisions of this Section 7 except to the extent that the Indemnifying Person is actually prejudiced by such failure to give notice. In case any such action is brought against any Indemnified Person and it notifies an Indemnifying Person of the commencement thereof, the Indemnifying Person shall be entitled to participate in, and to the extent that it may wish, jointly with any other party (Indemnifying Person similarly notified, to assume the “Indemnitor”) defense thereof, with counsel reasonably satisfactory to such Indemnified Person, and after notice from the Indemnifying Person to such Indemnified Person, the Indemnifying Person shall not, except as hereinafter provided, be responsible for any legal or other expenses subsequently incurred by such Indemnified Person in connection with the defense thereof. No Indemnifying Person will consent to entry of any loss, claim, damage, judgment or enter into any settlement which does not include as an unconditional term thereof the giving by the claimant or plaintiff to such Indemnified Person of a release from all liability or action in respect of which the Indemnitee intends to such claim such indemnification, and the Indemnitor or litigation. Such Indemnified Person shall have the right to employ separate counsel in any such action and to participate inin the defense thereof, andbut the fees and expenses of such counsel shall be the expense of such Indemnified Person unless (i) the Indemnifying Person has agreed to pay such fees and expenses, to (ii) the extent the Indemnitor so desires, Indemnifying Person shall have failed to assume sole Control the defense of such action or proceeding or has failed to employ counsel reasonably satisfactory to such Indemnified Person in any such action or proceeding or (iii) the named parties to any such action or proceeding (including any impleaded parties) include both such Indemnified Person and the Indemnifying Person and such Indemnified Person shall have been advised by counsel that representation of both parties by the same counsel would be inappropriate due to actual or potential material differing interests between them (in which case, if such Indemnified Person notifies the Indemnifying Person in writing that it elects to employ separate counsel at the expense of the defense thereof with counsel mutually satisfactory to Indemnifying Person, the parties, including Indemnifying Person shall not have the right to settle assume the defense of such action or proceeding on behalf of the Indemnitee on any terms the Indemnitor deems desirable in the exercise of its sole discretion, except that the Indemnitor shall not, without the Indemnitee’s prior written consent, settle any such claim if such settlement contains a stipulation to or admission or acknowledgment of any liability or wrongdoing on the part of the Indemnitee or imposes any obligation on the Indemnitee other than a monetary obligation, and only to the extent the Indemnitor assumes directly, and in full, such obligation and is able to fulfill such obligationIndemnified Person). The failure to deliver written notice to the Indemnitor within a reasonable time after the commencement Indemnifying Person shall not be liable for any settlement of any such action or proceeding effected without its written consent, which consent shall not affect unreasonably be withheld, delayed or limit Indemnitor’s duty to defend conditioned, but if settled with its written consent, or if there is a final judgment for the plaintiff in any such action but shall relieve Indemnitor of liability or proceeding, subject to the Indemnitee solely to the extent the Indemnitor is materially prejudiced by the delay. At the Indemnitor’s request and expenseno further appeal, the Indemnitee Indemnifying Person shall cooperate fully with the Indemnitor indemnify and its legal representatives in the investigation hold harmless such Indemnified Persons from and defense of against any action, claim loss or liability covered by this indemnification and provide full information with respect thereto. Subject to the Indemnitee’s fulfillment reason of its obligations under this Section 9.3, the Indemnitor shall pay any damages, costs such settlement or other amounts awarded against the Indemnitee (or payable by the Indemnitee pursuant to a settlement agreement entered into by the Indemnitor) in connection with such claimjudgment.

Appears in 2 contracts

Samples: Registration Rights Agreement (Administaff Inc \De\), Registration Rights Agreement (American Express Co)

Procedure. A party If Licensor or Licensee, as applicable (the "Indemnitee”) that "), intends to claim indemnification under this Section 9 Article 11, it promptly shall promptly notify Licensee or Licensor, as the other party case may be (the "Indemnitor”) "), of any loss, claim, damagedemand, liability action or action proceeding in respect of which the Indemnitee intends to claim such indemnification, and the . The Indemnitor shall have the right to participate in, and, to the extent the Indemnitor so desires, jointly with any other indemnitor similarly noticed, to assume sole Control of the defense thereof with counsel mutually satisfactory to selected by the partiesIndemnitor; provided, including however, that the Indemnitee shall have the right to settle the action on behalf retain its own counsel, at its sole expense, if representation of the Indemnitee on any terms by the counsel retained by the Indemnitor deems desirable would be inappropriate due to actual or potential differing interests between the Indemnitee and any other party represented by such counsel in the exercise such proceedings. The indemnity agreement in this Article 11 shall not apply to amounts paid in settlement of its sole discretionany claim, except that the Indemnitor shall notdemand, without the Indemnitee’s prior written consent, settle any such claim action or other proceeding if such settlement contains a stipulation to or admission or acknowledgment of any liability or wrongdoing on is effected without the part consent of the Indemnitee or imposes any obligation on the Indemnitee other than a monetary obligationIndemnitor, and only to the extent the Indemnitor assumes directly, and in full, such obligation and is able to fulfill such obligationwhich consent shall not be withheld unreasonably. The failure to deliver written notice to the Indemnitor within a reasonable time after the commencement of any such action shall not affect or limit Indemnitor’s duty other proceeding, if prejudicial to its ability to defend such action but or other proceeding, shall relieve the Indemnitor of any liability to the Indemnitee solely under this Article 11, but the omission so to deliver notice to the extent the Indemnitor is materially prejudiced by the delay. At the Indemnitor’s request and expense, will not relieve it of any liability that it may have to the Indemnitee otherwise than under this Article 11. The Indemnitee, its employees and agents shall reasonably cooperate fully with the Indemnitor and its legal representatives in the investigation and defense of any actionclaim, claim demand, action or liability other proceeding covered by this indemnification and provide full information with respect thereto. Subject to the Indemnitee’s fulfillment of its obligations under this Section 9.3, the Indemnitor shall pay any damages, costs or other amounts awarded against the Indemnitee (or payable by the Indemnitee pursuant to a settlement agreement entered into by the Indemnitor) in connection with such claimindemnification.

Appears in 2 contracts

Samples: License Agreement (Nanogen Inc), License Agreement (Nanogen Inc)

Procedure. A party (the “Indemnitee”) Party that intends to claim indemnification under this Section 9 Article 10 (the “Indemnitee”) shall promptly notify the other party Indemnitor (the “Indemnitor”) in writing of any loss, claim, damage, liability or action Claim in respect of which the Indemnitee intends to claim such indemnification, and the Indemnitor shall have the right to participate in, and, to the extent the Indemnitor so desires, to assume sole Control of the defense thereof with counsel mutually satisfactory to the parties, including the right to settle the action on behalf of the Indemnitee on any terms the Indemnitor deems desirable in the exercise of its sole discretion, except that the Indemnitor shall not, without the Indemnitee’s prior written consent, settle any such claim if such settlement contains a stipulation to or admission or acknowledgment of any liability or wrongdoing on the part of the Indemnitee or imposes any obligation on the Indemnitee other than a monetary obligation, and only to the extent the Indemnitor assumes directly, and in full, such obligation and is able to fulfill such obligation. The failure to deliver written notice to the Indemnitor within a reasonable time after the commencement of any such action with respect to a Claim shall not affect or limit Indemnitor’s duty to defend such action but shall only relieve the Indemnitor of liability to the Indemnitee solely its indemnification obligations under this Article 10 if and to the extent the Indemnitor is actually and materially prejudiced by thereby. The Indemnitor has sole control of the delaydefense or settlement thereof. At the Indemnitor’s request and expense, the The Indemnitee shall cooperate fully with the Indemnitor and its legal representatives in the investigation and defense of any action, claim or liability action with respect to a Claim covered by this indemnification indemnification. The Indemnitee may participate at its expense in the Indemnitor’s defense of and provide full information settlement negotiations for any Claim with respect thereto. Subject to counsel of the Indemnitee’s fulfillment own selection. The Indemnitor shall not settle any Claim without the prior written consent of its obligations under this Section 9.3the Indemnitee, not to be unreasonably withheld. So long as the Indemnitor is actively defending the Claim in good faith, the Indemnitee shall not settle or compromise any such Claim without the prior written consent of the Indemnitor. If the Indemnitor does not assume and conduct the defense of the Claim as provided above: (a) the Indemnitee may defend against, consent to the entry of any judgment, or enter into any settlement with respect to such Claim in any manner the Indemnitee may deem reasonably appropriate (and the Indemnitee need not consult with, or obtain any consent from, the Indemnitor in connection therewith); and (b) the Indemnitor shall pay any damages, costs or other amounts awarded against remain responsible to indemnify the Indemnitee (or payable by the Indemnitee pursuant to a settlement agreement entered into by the Indemnitor) as provided in connection with such claimthis Article 10.

Appears in 2 contracts

Samples: Research Collaboration and License Agreement (Avidity Biosciences, Inc.), Research Collaboration and License Agreement (Avidity Biosciences, Inc.)

Procedure. A party (the “Indemnitee”) that intends An Indemnitee shall give prompt written notification to claim indemnification under this Section 9 shall promptly notify the other party (the “Indemnitor”) CTI of any lossClaim for which indemnification pursuant to this Article IX may be sought; provided, claimhowever, damage, liability or action in respect of which the Indemnitee intends to claim such indemnification, and the Indemnitor shall have the right to participate in, and, to the extent the Indemnitor so desires, to assume sole Control of the defense thereof with counsel mutually satisfactory to the parties, including the right to settle the action on behalf of the Indemnitee on any terms the Indemnitor deems desirable in the exercise of its sole discretion, except that the Indemnitor shall not, without the Indemnitee’s prior written consent, settle any such claim if such settlement contains a stipulation to or admission or acknowledgment of any liability or wrongdoing no delay on the part of the Indemnitee in notifying CTI shall relieve CTI of any liability or imposes any obligation on the Indemnitee other than a monetary obligation, and only hereunder except to the extent of any damage or liability caused by or arising out of such failure. An Indemnitee shall reasonably cooperate with CTI, at CTI’s expense, in the Indemnitor assumes directlydefense of such Claim. Within thirty (30) days after delivery of such notification, and in fullCTI may, such obligation and is able to fulfill such obligation. The failure to deliver upon written notice thereof to the Indemnitor within a reasonable time after Indemnitee, assume control of the commencement defense of any such action shall not affect or limit Indemnitor’s duty to defend such action but shall relieve Indemnitor of liability Claim provided CTI acknowledges in writing to the Indemnitee solely that any damages, fines, costs or other liabilities that may be assessed against the Indemnitee in connection with such Claim shall be entitled to the extent the Indemnitor is materially prejudiced by the delayindemnification pursuant to this Article IX. At the Indemnitor’s request and expenseIf CTI does not so assume control of such defense, the Indemnitee shall cooperate fully with control such defense. The Party not controlling such defense may participate therein at its own expense. The Party controlling such defense shall keep the Indemnitor other Party advised of the status of such Claim and its legal representatives in the investigation and [*] CERTAIN CONFIDENTIAL INFORMATION CONTAINED IN THIS DOCUMENT, MARKED BY BRACKETS, HAS BEEN OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION. defense thereof. The Indemnitee shall not agree to any settlement of such Claim without the prior written consent of CTI, which shall not be unreasonably withheld. Similarly, CTI shall not agree to any action, claim or liability covered by this indemnification and provide full information with respect thereto. Subject to settlement of such Claim without the prior written consent of the Indemnitee’s fulfillment of its obligations under , which shall not be unreasonably withheld. Indemnitees will be entitled to enforce this Section 9.3, the Indemnitor shall pay any damages, costs or other amounts awarded against the Indemnitee (or payable by the Indemnitee pursuant Article IX as if a Party to a settlement agreement entered into by the Indemnitor) in connection with such claimthis Agreement.

Appears in 2 contracts

Samples: Financing Agreement (Cell Therapeutics Inc), Financing Agreement (Cell Therapeutics Inc)

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Procedure. A party Diversa Indemnitee or Syngenta Indemnitee (the “Indemnitee”) that intends to claim indemnification under this Section 9 11 shall promptly notify the other party indemnifying Party (the “Indemnitor”) in writing of any loss, claim, damage, liability or action Claim in respect of which the Indemnitee intends intend to claim such indemnification, and the Indemnitor shall have the right to participate in, and, to the extent the Indemnitor so desires, to assume sole Control of the defense thereof with counsel mutually satisfactory chosen by Indemnitor, with consent of Indemnitee, which consent shall not be unreasonably withheld. The Indemnitee shall not enter into negotiations or enter into any agreement with respect to the parties, including settlement of any Claim without the right to settle the action on behalf prior written approval of the Indemnitee on Indemnitor, and the indemnity agreement in this Section 11 shall not apply to amounts paid in settlement of any terms the Indemnitor deems desirable in the exercise of its sole discretion, except that the Indemnitor shall not, without the Indemnitee’s prior written consent, settle any such claim Claim if such settlement contains a stipulation to or admission or acknowledgment of any liability or wrongdoing on is made without the part consent of the Indemnitee or imposes any obligation on the Indemnitee other than a monetary obligationIndemnitor, and only to the extent the Indemnitor assumes directly, and in full, such obligation and is able to fulfill such obligationwhich consent shall not be withheld unreasonably. The failure to deliver written notice to the Indemnitor within a reasonable time after the commencement of any such action shall not affect or limit Indemnitor’s duty action, if prejudicial to its ability to defend such action but action, shall relieve such Indemnitor of any liability to the Indemnitee solely to the extent the Indemnitor is materially prejudiced by the delayunder this Section 11. At the Indemnitor’s request and expenserequest, the Indemnitee under this Section 11, shall cooperate fully with the Indemnitor and its legal representatives in the investigation and defense of any action, claim or liability covered by this indemnification and provide full information with respect thereto. Subject to the Indemnitee’s fulfillment of its obligations under this Section 9.3, the Indemnitor shall pay any damages, costs or other amounts awarded against the Indemnitee (or payable by the Indemnitee pursuant to a settlement agreement entered into by the Indemnitor) in connection with such claim.

Appears in 2 contracts

Samples: Research Collaboration Agreement (Diversa Corp), Research Collaboration Agreement (Diversa Corp)

Procedure. A party Party (the “Indemnitee”) that intends to claim indemnification under this Section 9 Article 8 shall promptly notify the other party Party (the “Indemnitor”) of any loss, claim, damagedemand, liability action or action in respect of other proceeding for which the Indemnitee intends to claim such indemnification, and the . The Indemnitor shall have the right to participate in, and, and to the extent the Indemnitor so desires, to assume sole Control of the defense thereof with counsel mutually satisfactory to selected by the partiesIndemnitor; provided, including however, that the Indemnitee shall have the right to settle retain its own counsel, with the action on behalf fees and expenses to be paid by the Indemnitor, if representation of the Indemnitee on any terms by the counsel retained by the Indemnitor deems desirable would be inappropriate due to actual or potential differing interests between the Indemnitee and any other Party represented by such counsel in the exercise such proceeding. The indemnity obligations under this Article 8 shall not apply to amounts paid in settlement of its sole discretionany claim, except that the Indemnitor shall notdemand, without the Indemnitee’s prior written consent, settle any such claim action or other proceeding if such settlement contains a stipulation to or admission or acknowledgment of any liability or wrongdoing on is effected without the part prior express written consent of the Indemnitee Indemnitor, which consent shall not be unreasonably withheld or imposes any obligation on the Indemnitee other than a monetary obligation, and only to the extent the Indemnitor assumes directly, and in full, such obligation and is able to fulfill such obligationdelayed. The failure to deliver written notice to the Indemnitor within a reasonable time after notice of any such claim or demand, or the commencement of any such action shall not affect or limit Indemnitor’s duty other proceeding, if prejudicial to its ability to defend such claim, demand, action but or other proceeding, shall relieve such Indemnitor of any liability to the Indemnitee solely under this Article 8 with respect thereto, but the omission so to deliver notice to the extent the Indemnitor is materially prejudiced by the delay. At the Indemnitor’s request and expense, shall not relieve it of any liability that it may have to the Indemnitee otherwise than under this Article 8. The Indemnitor may not settle or otherwise consent to an adverse judgment in any such claim, demand, action or other proceeding that diminishes the rights or interests of the Indemnitee without the prior express written consent of the Indemnitee, which consent shall not be unreasonably withheld or delayed. The Indemnitee, its employees and agents shall reasonably cooperate fully with the Indemnitor and its legal representatives in the investigation and defense of any actionclaim, claim demand, action or liability other proceeding covered by this indemnification Article 8. [***] = Confidential Information has been omitted and provide full information filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect thereto. Subject to the Indemnitee’s fulfillment of its obligations under this Section 9.3, the Indemnitor shall pay any damages, costs or other amounts awarded against the Indemnitee (or payable by the Indemnitee pursuant to a settlement agreement entered into by the Indemnitor) in connection with such claimomitted information.

Appears in 2 contracts

Samples: License Agreement (Monopar Therapeutics), License Agreement (Monopar Therapeutics)

Procedure. A party (the “Indemnitee”) that intends Each person entitled to claim indemnification under this Section 9 --------- Agreement (an "Indemnified Person") shall promptly notify give notice to the other party required to provide indemnification (the “Indemnitor”"Indemnifying Person") promptly after such Indemnified Person has actual knowledge of any lossclaim as to which indemnity may be sought and shall permit the Indemnifying Person to assume the defense of any such claim and any litigation resulting therefrom, claim, damage, liability provided that counsel for the Indemnifying Person who conducts the defense of such claim or action in respect of which any litigation resulting therefrom shall be approved by the Indemnitee intends to claim such indemnificationIndemnified Person (whose approval shall not unreasonably be withheld), and the Indemnitor shall have Indemnified Person may participate in such defense at such party's expense (unless the right to participate in, and, to Indemnified Person has reasonably concluded that there may be a conflict of interest between the extent Indemnifying Person and the Indemnitor so desires, Indemnified Person in such action or unless the Indemnifying Person fails to assume sole Control the defense or pursue it in good faith, in which case the fees and expenses of counsel for the Indemnified Person shall be at the expense of the defense thereof with counsel mutually satisfactory to the partiesIndemnifying Person), including the right to settle the action on behalf of the Indemnitee on any terms the Indemnitor deems desirable in the exercise of its sole discretion, except and provided further that the Indemnitor shall not, without the Indemnitee’s prior written consent, settle any such claim if such settlement contains a stipulation to or admission or acknowledgment failure of any liability or wrongdoing on the part of the Indemnitee or imposes any obligation on the Indemnitee other than a monetary obligation, and only Indemnified Person to the extent the Indemnitor assumes directly, and in full, such obligation and is able to fulfill such obligation. The failure to deliver written give notice to the Indemnitor within a reasonable time after the commencement of any such action as provided herein shall not affect or limit Indemnitor’s duty to defend such action but shall relieve Indemnitor of liability to the Indemnitee solely to the extent the Indemnitor is materially prejudiced by the delay. At the Indemnitor’s request and expense, the Indemnitee shall cooperate fully with the Indemnitor and its legal representatives in the investigation and defense of any action, claim or liability covered by this indemnification and provide full information with respect thereto. Subject to the Indemnitee’s fulfillment Indemnifying Person of its obligations under this Section 9.39.1 except to the extent the Indemnifying Person is materially prejudiced thereby. No Indemnifying Person, in the Indemnitor defense of any such claim or litigation, shall pay (except with the consent of each Indemnified Person) consent to entry of any damages, costs judgment or other amounts awarded against enter into any settlement that does not include as an unconditional term thereof the Indemnitee (or payable giving by the Indemnitee pursuant claimant or plaintiff to such Indemnified Person of a settlement agreement entered into by release from all liability in respect to such claim or litigation. Each Indemnified Person shall furnish such information regarding itself or the Indemnitor) claim in question as an Indemnifying Person may reasonably request in writing and as shall be reasonably required in connection with the defense of such claimclaim and litigation resulting therefrom.

Appears in 2 contracts

Samples: Common Stock Purchase Agreement (Exodus Communications Inc), Common Stock Purchase Agreement (Exodus Communications Inc)

Procedure. A party For purposes of Sections 8.1 and 8.2, the Person asserting a claim for indemnification pursuant to either Section 8.1 or 8.2 (the “Indemnitee”"Indemnified Person") will notify the Party responsible for such indemnification (the "Indemnifying Party") in writing of any claims, suits, or proceedings by Third Parties that intends may give rise to any claim for which indemnification may be required under this Section 9 shall promptly notify Article 8 as follows: (a) within fifteen (15) calendar days after receipt of service of process of the other party commencement of suit or (b) for non-litigated matters, within thirty (30) calendar days after receipt of notice thereof; provided, however, that failure to give such notice will not relieve the “Indemnitor”) Indemnifying Party of its obligation to provide indemnification hereunder except if, and to the extent that, such failure materially and adversely affects the ability of the Indemnifying Party to defend the applicable claim, suit, or proceeding. The Indemnifying Party will be entitled to assume sole control over the defense of any losssuch claim at its own cost and expense; provided, claimhowever, damage, liability or action in respect of which that the Indemnitee intends to claim such indemnification, and the Indemnitor shall Indemnified Person will have the right to participate in*** Certain confidential information contained in this document, andmarked with 3 asterisks, has been omitted and filed separately with the Securities and Exchange Commission pursuant to Rule 24b-2 of the extent Securities Act of 1934, as amended. be represented by its own counsel at its own cost in such matters. Neither the Indemnitor so desiresIndemnifying Party nor the Indemnified Person will settle or dispose of any such matter in any manner that would adversely affect the rights or interests of the other, require the other to assume sole Control be subject to an injunction, or require the other to make any monetary payment, in each case without the prior written consent of the other, which will not be unreasonably withheld or delayed. The Indemnifying Party and Indemnified Person will reasonably cooperate with the other and its counsel in the course of the defense thereof with counsel mutually satisfactory to the parties, including the right to settle the action on behalf of the Indemnitee on any terms the Indemnitor deems desirable in the exercise of its sole discretion, except that the Indemnitor shall not, without the Indemnitee’s prior written consent, settle any such claim if such settlement contains a stipulation to or admission or acknowledgment of any liability or wrongdoing on the part of the Indemnitee or imposes any obligation on the Indemnitee other than a monetary obligation, and only to the extent the Indemnitor assumes directly, and in full, such obligation and is able to fulfill such obligation. The failure to deliver written notice to the Indemnitor within a reasonable time after the commencement of any such action shall not affect suit, claim, or limit Indemnitor’s duty demand, such cooperation to defend such action but shall relieve Indemnitor of liability include without limitation using reasonable efforts to the Indemnitee solely to the extent the Indemnitor is materially prejudiced by the delay. At the Indemnitor’s request provide or make available documents, information, and expense, the Indemnitee shall cooperate fully with the Indemnitor and its legal representatives in the investigation and defense of any action, claim or liability covered by this indemnification and provide full information with respect thereto. Subject to the Indemnitee’s fulfillment of its obligations under this Section 9.3, the Indemnitor shall pay any damages, costs or other amounts awarded against the Indemnitee (or payable by the Indemnitee pursuant to a settlement agreement entered into by the Indemnitor) in connection with such claimwitnesses.

Appears in 2 contracts

Samples: License Agreement (Allergan Inc), License Agreement (Allergan Inc)

Procedure. A party If GTC or any of its Affiliates or their respective employees or agents (the "Indemnitee") that intends to claim indemnification under this Section 9 Article 10, the Indemnitee shall promptly notify the other party (the "Indemnitor") of any loss, claim, damage, liability or action in respect of which the Indemnitee intends to claim such indemnification, and the Indemnitor shall have the right to participate in, and, to the extent the Indemnitor so desires, to assume sole Control of the defense thereof with counsel mutually satisfactory to the parties; provided, including however, that an Indemnitee shall have the right to settle retain its own counsel, with the action on behalf fees and expenses to be paid by the Indemnitor, if representation of such Indemnitee by the Indemnitee on any terms counsel retained by the Indemnitor deems desirable would be inappropriate due to actual or potential differing interests between such Indemnitee and any other party represented by such counsel in the exercise such proceedings. The indemnity agreement in this Article 10 shall not apply to amounts paid in settlement of its sole discretionany loss, except that the Indemnitor shall notclaim, without the Indemnitee’s prior written consentdamage, settle any such claim liability or action if such settlement contains a stipulation to or admission or acknowledgment of any liability or wrongdoing on is effected without the part consent of the Indemnitee or imposes any obligation on the Indemnitee other than a monetary obligationIndemnitor, and only to the extent the Indemnitor assumes directly, and in full, such obligation and is able to fulfill such obligationwhich consent shall not be withheld unreasonably. The failure to deliver written notice to the Indemnitor within a reasonable time after the commencement of any such action shall not affect or limit Indemnitor’s duty action, if prejudicial to its ability to defend such action but action, shall relieve such Indemnitor of any liability to the Indemnitee solely under this Article 10, but the omission so to deliver notice to the extent the Indemnitor is materially prejudiced by the delaywill not relieve it of any liability that it may have to any Indemnitee otherwise than under this Article 10. At the Indemnitor’s request The Indemnitee under this Article 10, its employees and expenseagents, the Indemnitee shall cooperate fully with the Indemnitor and its legal representatives in the investigation and defense of any action, claim or liability covered by this indemnification and provide full information with respect theretoindemnification. Subject to the Indemnitee’s fulfillment of its obligations under this Section 9.3, the The Indemnitor shall additionally be liable to pay any damages, the reasonable legal costs or other amounts awarded against the Indemnitee (or payable and attorneys' fees incurred by the Indemnitee pursuant to a settlement agreement entered into by the Indemnitor) in connection with such claimestablishing its claim for indemnity.

Appears in 2 contracts

Samples: Collaboration and License Agreement (Genome Therapeutics Corp), Collaboration and License Agreement (Genome Therapeutics Corp)

Procedure. A party Party (the “Indemnitee”) that intends to claim indemnification under this Section 9 Article 18 shall promptly notify the other party Party (the “Indemnitor”) in writing of any loss, claim, damagecomplaint, liability suit, proceeding, cause of action or action other potential Liability in respect of which the Indemnitee intends to claim such indemnificationindemnification (for purposes of this Section 18.3, each a “Claim”), and the Indemnitor shall have sole control of the defense and/or settlement thereof; provided that the Indemnitee shall have the right to participate inparticipate, andat its own expense, to the extent the Indemnitor so desires, to assume sole Control with counsel of its own choosing in the defense thereof and/or settlement of such Claim. The indemnification under this Article 18 shall not apply to amounts paid with counsel mutually satisfactory respect to the parties, including the right to settle the action on behalf settlement of the Indemnitee on any terms the Indemnitor deems desirable in the exercise of its sole discretion, except that the Indemnitor shall not, without the Indemnitee’s prior written consent, settle any such claim Claim if such settlement contains a stipulation to or admission or acknowledgment of any liability or wrongdoing on is effected without the part consent of the Indemnitee Indemnitor, which consent will not be unreasonably withheld or imposes any obligation on the Indemnitee other than a monetary obligation, and only to the extent the Indemnitor assumes directly, and in full, such obligation and is able to fulfill such obligationdelayed. The failure to deliver written notice to the Indemnitor within a reasonable period of time after the commencement of any such action shall not affect claim, suit or limit Indemnitor’s duty proceeding, if prejudicial to its ability to defend such action but action, shall relieve such Indemnitor of any liability to the Indemnitee solely under this Article 18, but the failure to so timely deliver written notice to the extent Indemnitor shall not relieve the Indemnitor is materially prejudiced by of any liability to any Indemnitee otherwise than under this Article 18. Without limiting the delay. At the Indemnitor’s request and expenseforegoing, the Indemnitee shall cooperate fully with keep the Indemnitor and its legal representatives in fully informed of the investigation and defense progress of any action, Claim for which it intends to claim or liability covered by this indemnification and provide full information with respect thereto. Subject to the Indemnitee’s fulfillment of its obligations under this Section 9.3, the Article 18. The Indemnitor shall pay not be responsible for any damages, costs or other amounts awarded against the Indemnitee (or payable expenses incurred by the Indemnitee pursuant to a settlement agreement entered into by without the Indemnitor) in connection with such claim’s prior written consent, which consent will not be unreasonably withheld.

Appears in 2 contracts

Samples: License End User Agreement (Xenogen Corp), License End User Agreement (Xenogen Corp)

Procedure. A party Party seeking indemnification hereunder (the an “Indemnitee”) that intends shall give prompt written notice to claim the Party from whom such indemnification under this Section 9 shall promptly notify the other party is sought (the “Indemnitor”) of such alleged Liability or the commencement of any lossaction, claimsuit or proceeding, damage, liability or action in respect of which the Indemnitee intends to claim such indemnification, indemnity is or may be sought hereunder and will give the Indemnitor such information with respect thereto as the Indemnitor may reasonably request, being understood that no failure to give such information shall relieve the Indemnitor of any Liability hereunder (except to the extent the Indemnitor has suffered actual prejudice thereby). Except as otherwise provided in Article 8.5 or 8.6, if applicable, the Indemnitor shall have the sole right to control the defense and management of any such action, suit or proceeding, including settlements. The Indemnitee shall fully cooperate with the Indemnitor and shall have the right to participate inin the defense thereof, andand to employ counsel, to the extent at its own expense, separate from counsel employed by the Indemnitor so desiresin any such action. The Indemnitee shall not make any payment, incur any expense or make any admissions with respect to assume sole Control any claim or suit without the prior written consent of the Indemnitor, which the Indemnitor shall not be required to give. The Indemnitor shall not be required to provide indemnification with respect to a Liability the defense thereof with counsel mutually satisfactory of which is actually prejudiced by the failure to give notice by the parties, including Indemnitee or the right to settle the action on behalf failure of the Indemnitee on any terms to cooperate with the Indemnitor deems desirable in or where the exercise of its sole discretion, except that the Indemnitor shall not, Indemnitee makes any admissions or settles or compromises a Liability without the Indemnitee’s prior written consentconsent of the Indemnitor. Each Party shall cooperate with the other Party in resolving any claim or Liability with respect to which one Party is obligated to indemnify the other under this Agreement, settle including without limitation, by making Commercially Reasonable Efforts to mitigate or resolve any such claim if such settlement contains a stipulation to or admission or acknowledgment of any liability or wrongdoing on the part of the Indemnitee or imposes any obligation on the Indemnitee other than a monetary obligation, and only to the extent the Indemnitor assumes directly, and in full, such obligation and is able to fulfill such obligation. The failure to deliver written notice to the Indemnitor within a reasonable time after the commencement of any such action shall not affect or limit Indemnitor’s duty to defend such action but shall relieve Indemnitor of liability to the Indemnitee solely to the extent the Indemnitor is materially prejudiced by the delay. At the Indemnitor’s request and expense, the Indemnitee shall cooperate fully with the Indemnitor and its legal representatives in the investigation and defense of any action, claim or liability covered by this indemnification and provide full information with respect thereto. Subject to the Indemnitee’s fulfillment of its obligations under this Section 9.3, the Indemnitor shall pay any damages, costs or other amounts awarded against the Indemnitee (or payable by the Indemnitee pursuant to a settlement agreement entered into by the Indemnitor) in connection with such claimLiability.

Appears in 2 contracts

Samples: License Agreement (Zealand Pharma a/S), License Agreement (Zealand Pharma a/S)

Procedure. A party Party (the “Indemnitee”) that intends to claim indemnification under this Section 9 Article 8 shall promptly notify the other party Party (the “Indemnitor”) of any loss, claim, damagedemand, liability action or action in respect of other proceeding for which the Indemnitee intends to claim such indemnification, and the . The Indemnitor shall have the right to participate in, and, and to the extent the Indemnitor so desires, to assume sole Control of the defense thereof with counsel mutually satisfactory to selected by the partiesIndemnitor; provided, including however, that the Indemnitee shall have the right to settle retain its own counsel, with the action on behalf fees and expenses to be paid by the Indemnitor, if representation of the Indemnitee on any terms by the counsel retained by the Indemnitor deems desirable would be inappropriate due to actual or potential differing interests between the Indemnitee and any other Party represented by such counsel in the exercise such proceeding. The indemnity obligations under this Article 8 shall not apply to amounts paid in settlement of its sole discretionany claim, except that the Indemnitor shall notdemand, without the Indemnitee’s prior written consent, settle any such claim action or other proceeding if such settlement contains a stipulation to or admission or acknowledgment of any liability or wrongdoing on is effected without the part prior express written consent of the Indemnitee Indemnitor, which consent shall not be unreasonably withheld or imposes any obligation on the Indemnitee other than a monetary obligation, and only to the extent the Indemnitor assumes directly, and in full, such obligation and is able to fulfill such obligationdelayed. The failure to deliver written notice to the Indemnitor within a reasonable time after notice of any such claim or demand, or the commencement of any such action shall not affect or limit Indemnitor’s duty other proceeding, if prejudicial to its ability to defend such claim, demand, action but or other proceeding, shall relieve such Indemnitor of any liability to the Indemnitee solely under this Article 8 with respect thereto, but the omission so to deliver notice to the extent the Indemnitor is materially prejudiced by the delay. At the Indemnitor’s request and expense, shall not relieve it of any liability that it may have to the Indemnitee otherwise than under this Article 8. The Indemnitor may not settle or otherwise consent to an adverse judgment in any such claim, demand, action or other proceeding that diminishes the rights or interests of the Indemnitee without the prior express written consent of the Indemnitee, which consent shall not be unreasonably withheld or delayed. The Indemnitee, its employees and agents shall reasonably cooperate fully with the Indemnitor and its legal representatives in the investigation and defense of any actionclaim, claim demand, action or liability other proceeding covered by this indemnification Article 8. [***] = Confidential Information has been omitted and provide full information filed separately with the Securities and Exchange Commission. Confidential treatment has been approved with respect thereto. Subject to the Indemnitee’s fulfillment of its obligations under this Section 9.3omitted information, the Indemnitor shall pay any damages, costs or other amounts awarded against the Indemnitee (or payable by the Indemnitee pursuant to a settlement agreement entered into by the Indemnitor) in connection with such claiman Order dated January 8, 2018.

Appears in 2 contracts

Samples: License Agreement (Monopar Therapeutics), License Agreement (Monopar Therapeutics)

Procedure. A party If one Party (the “Indemnitee”) that intends receives any notice of a claim or other allegation with respect to claim indemnification under this Section 9 shall promptly notify which the other party Party (the “Indemnitor”) has an obligation of any lossindemnity hereunder, claim, damage, liability or action in respect of which then the Indemnitee intends will in order to claim qualify for Indemnification under this Section, within fifteen (15) days of receipt of such indemnificationnotice, and give the Indemnitor shall have the right to participate inwritten notice, and, pursuant to the extent Notices provision set forth in Section 12(f) of this Agreement, of such claim or allegation setting forth in reasonable detail the Indemnitor so desiresfacts and circumstances surrounding the claim; provided, to assume sole Control of the defense thereof with counsel mutually satisfactory to the partieshowever, including the right to settle the action on behalf of the Indemnitee on any terms the Indemnitor deems desirable in the exercise of its sole discretion, except that the Indemnitor shall not, without the Indemnitee’s prior written consent, settle any such claim if such settlement contains a stipulation to or admission or acknowledgment of any liability or wrongdoing on the part of the Indemnitee or imposes any obligation on the Indemnitee other than a monetary obligation, and only to the extent the Indemnitor assumes directly, and in full, such obligation and is able to fulfill such obligation. The failure to deliver written give such notice to the Indemnitor within a reasonable time after the commencement of any such action shall not affect or limit Indemnitor’s duty to defend such action but shall relieve Indemnitor of liability to the Indemnitee solely to the extent the Indemnitor is materially prejudiced by the delay. At the Indemnitor’s request and expense, the Indemnitee shall cooperate fully with the Indemnitor and its legal representatives in the investigation and defense of any action, claim or liability covered by this indemnification and provide full information with respect thereto. Subject to the Indemnitee’s fulfillment of its obligations under this Section 9.3section except to the extent that Indemnitor is actually prejudiced by such failure. The Indemnitee will not make any payment or incur any costs or expenses with respect to such claim, except as requested by the Indemnitor or as necessary to comply with this procedure. The Indemnitee will not make any admission of liability or take any other action that limits the ability of the Indemnitor to defend the claim. The Indemnitor shall immediately assume the full control of the defense or settlement of such claim or allegation, including the selection and employment of counsel, and shall pay any damagesall authorized and documented costs and expenses of such defense. The Indemnitee will fully cooperate, at the expense of the Indemnitor, in the defense or settlement of the claim. The Indemnitee shall have the right, at its own expense, to employ separate counsel and participate in the defense or settlement of the claim. The Indemnitor shall have no liability for costs or other amounts awarded against the Indemnitee (or payable expenses incurred by the Indemnitee Indemnitee, except to the extent authorized by the Indemnitor or pursuant to a settlement agreement entered into by the Indemnitor) in connection with such claimthis procedure.

Appears in 2 contracts

Samples: Master Solution Agreement, Master Solution Agreement

Procedure. A party (the "Indemnitee") that intends to claim indemnification under this Section Article 9 shall promptly notify the other party (the "Indemnitor") of any loss, claim, damage, liability Liability or action in respect of which the Indemnitee intends to claim such indemnification, and the Indemnitor shall have the right to participate in, and, to the extent the Indemnitor so desires, jointly with any other Indemnitor similarly noticed, to assume sole Control of the defense thereof with counsel mutually satisfactory to selected by the partiesIndemnitor; provided, including however, that an Indemnitee shall have the right to settle retain its own counsel, with the action on behalf fees and expenses to be paid by the Indemnitor, if representation of such Indemnitee by the Indemnitee on any terms counsel retained by the Indemnitor deems desirable would be inappropriate due to actual or potential differing interests between such Indemnitee and any other party represented by such counsel in the exercise such proceedings. The indemnity obligations under this Article 9 shall not apply to amounts paid in settlement of its sole discretionany loss, except that the Indemnitor shall notclaim, without the Indemnitee’s prior written consentdamage, settle any such claim liability or action if such settlement contains a stipulation to or admission or acknowledgment of any liability or wrongdoing on is effected without the part consent of the Indemnitee or imposes any obligation on the Indemnitee other than a monetary obligationIndemnitor, and only to the extent the Indemnitor assumes directly, and in full, such obligation and is able to fulfill such obligationwhich consent shall not be unreasonably withheld. The failure to deliver written notice to the Indemnitor within a reasonable time after the commencement of any such action shall not affect or limit Indemnitor’s duty action, if prejudicial to its ability to defend such action but action, shall relieve such Indemnitor of any liability to the Indemnitee solely under this Article 9, but the omission to so deliver notice to the extent the Indemnitor is materially prejudiced by the delaywill not relieve it of any liability that it may have to any Indemnitee otherwise than under this Article 9. At the Indemnitor’s request The Indemnitee, its employees and expenseagents, the Indemnitee shall cooperate fully with the Indemnitor and its legal representatives in the investigation and defense of any action, claim or liability covered by this indemnification and provide full information with respect thereto. Subject to the Indemnitee’s fulfillment of its obligations under this Section 9.3, the Indemnitor shall pay any damages, costs or other amounts awarded against the Indemnitee (or payable by the Indemnitee pursuant to a settlement agreement entered into by the Indemnitor) in connection with such claimindemnification.

Appears in 2 contracts

Samples: License and Development Collaboration Agreement (Inhibitex Inc), License and Development Collaboration Agreement (Inhibitex Inc)

Procedure. A If a party (the “an "Indemnitee") that intends to claim indemnification under this Section 9 Article 13, it shall promptly notify the other indemnifying party (the "Indemnitor") in writing of any loss, claim, damage, liability or action in respect of which the Indemnitee intends or its directors, officers, employees or agents intend to claim such indemnification, and the Indemnitor shall have the right to participate in, and, to the extent the Indemnitor so desires, to assume sole Control of the defense thereof with counsel mutually satisfactory to the parties; provided, including however, that an Indemnitee shall have the right to settle retain its own counsel, with the action on behalf fees and expenses to be paid by the Indemnitor, if representation of such Indemnitee by the Indemnitee on any terms counsel retained by the Indemnitor deems desirable would be inappropriate due to actual or potential differing interests between such Indemnitee and any other party represented by such counsel in the exercise such proceeding. The indemnity agreement in this Article 13 shall not apply to amounts paid in settlement of its sole discretionany loss, except that the Indemnitor shall notclaim, without the Indemnitee’s prior written consentdamage, settle any such claim liability or action if such settlement contains a stipulation to or admission or acknowledgment of any liability or wrongdoing on is effected without the part consent of the Indemnitee Indemnitor, which consent shall not be withheld or imposes any obligation on the Indemnitee other than a monetary obligation, and only to the extent the Indemnitor assumes directly, and in full, such obligation and is able to fulfill such obligationdelayed unreasonably. The failure to deliver written notice to the Indemnitor within a reasonable time after the commencement of any such action shall not affect or limit Indemnitor’s duty action, if prejudicial to its ability to defend such action but action, shall relieve such Indemnitor of any liability to the Indemnitee solely under this Article 13, but the omission so to deliver written notice to the extent the Indemnitor is materially prejudiced by the delayshall not relieve it of any liability that it may have to any party claiming indemnification otherwise than under this Article 13. At the Indemnitor’s request The party claiming indemnification under this Article 13, its employees and expenseagents, the Indemnitee shall cooperate fully with the Indemnitor and its legal representatives in the investigation and defense of any action, claim or liability covered by this indemnification and provide full information with respect thereto. Subject to the Indemnitee’s fulfillment of its obligations under this Section 9.3, the Indemnitor shall pay any damages, costs or other amounts awarded against the Indemnitee (or payable by the Indemnitee pursuant to a settlement agreement entered into by the Indemnitor) in connection with such claimindemnification.

Appears in 2 contracts

Samples: License Agreement (Abgenix Inc), License Agreement (Abgenix Inc)

Procedure. A party Should a Party or any of its directors, officers, agents, parent companies, affiliates, or employees (the "Indemnitee") that intends intend to claim indemnification under this Section 9 Article, such Indemnitee shall promptly notify the other party Party (the "Indemnitor") in writing of any alleged loss, claim, damage, liability or action in respect of which the Indemnitee intends to claim such indemnification, and the Indemnitor shall have the right to participate in, and, to the extent the Indemnitor so desires, be entitled to assume sole Control of the defense thereof with counsel mutually satisfactory to the parties, including the right to settle the action on behalf of the Indemnitee on any terms selected by the Indemnitor deems desirable in and approved by the exercise Indemnitee, such approval not to be unreasonably withheld; provided, however, that if representation of its sole discretion, except that Indemnitee by such counsel first selected by the Indemnitor would be inappropriate due to a conflict of interest between such Indemnitee and any other Party represented by such counsel, then Indemnitor shall notselect other counsel for the defense of Indemnitee, without with the Indemnitee’s prior written consentfees and expenses to be paid by the Indemnitor, settle such other counsel to be approved by Indemnitee and such approval not to be unreasonably withheld. The indemnity agreement in this Article shall not apply to amounts paid in settlement of any such claim loss, claim, damage, liability or action if such settlement contains a stipulation to or admission or acknowledgment of any liability or wrongdoing on is effected without the part consent of the Indemnitee or imposes any obligation on the Indemnitee other than a monetary obligationIndemnitor, and only to the extent the Indemnitor assumes directly, and in full, such obligation and is able to fulfill such obligationwhich consent shall not be unreasonably withheld. The failure to deliver written notice to the Indemnitor within a reasonable time after the commencement of any such action shall not affect or limit Indemnitor’s duty action, if prejudicial to its ability to defend such action but action, shall relieve such Indemnitor of any liability to the Indemnitee solely under this Article, but the omission to so deliver notice to the extent the Indemnitor is materially prejudiced by the delaywill not relieve it of any liability that it may have to any Indemnitee otherwise than under this Article. At the Indemnitor’s request The Indemnitees under this Article, its directors, officers, employees and expenseagents, the Indemnitee shall cooperate fully with the Indemnitor and its legal representatives in the investigation and defense of any action, claim or liability covered by this indemnification and provide full information with respect thereto. Subject to the Indemnitee’s fulfillment of its obligations under this Section 9.3, the Indemnitor shall pay any damages, costs or other amounts awarded against the Indemnitee (or payable by the Indemnitee pursuant to a settlement agreement entered into by the Indemnitor) in connection with such claimindemnification.

Appears in 2 contracts

Samples: Research Collaboration, Contract Service and License Agreement (Versicor Inc /Ca), Research Collaboration, Contract Service and License Agreement (Versicor Inc /Ca)

Procedure. 10.2.1 A party Party (the “Indemnitee”) that intends to claim indemnification under this Section 9 0 shall promptly notify provide notice to the other party Party (the “Indemnitor”) of any loss, claim, damage, liability or action Claim in respect of which the Indemnitee intends to claim such indemnification, which notice shall include a reasonable identification of the alleged facts giving rise to such Liability, and the Indemnitor shall have the right to participate in, and, to the extent the Indemnitor so desires, jointly with any other Indemnitor similarly noticed, to assume sole Control of control the defense thereof with counsel mutually satisfactory selected by the Indemnitor. However, notwithstanding the foregoing, except with respect to any Claim that is a Third Party Action, the partiesprocess for the defense of which shall be governed by Section 8.7, including the Indemnitee shall have the right to settle participate in, but not control, the action on behalf defense of any Claim, and request separate counsel, with the fees and expenses to be paid by the Indemnitee, unless (a) representation of such Indemnitee by the counsel retained by the Indemnitor would be inappropriate due to actual or potential differing interests between such Indemnitee and any other Party represented by such counsel in such proceedings or (b) the Indemnitor has failed to assume the defense of the applicable Claim, in which case ((a) or (b)), such fees and expenses shall be paid by the Indemnitor. The Indemnitee on any terms the Indemnitor deems desirable shall, and shall cause each of its Affiliates and its and their respective directors, officers, employees and agents, as applicable, to, cooperate in the exercise defense or prosecution thereof and shall furnish such records, information and testimony, provide such witnesses and attend such conferences, discovery proceedings, hearings, trials and appeals and otherwise providing reasonable access to such indemnitees and other employees and agents of its sole discretionthe Indemnitee, except in each case as may be reasonably requested in connection therewith; provided, that the Indemnitor shall notreimburse the Indemnitee for its reasonable and verifiable out-of-pocket expenses in connection therewith. The Indemnitor may not settle any Claim, and the Indemnitee shall not be responsible for or be bound by any settlement of a Claim that imposes an obligation on it, without the Indemnitee’s prior written consent, settle any such claim if such settlement contains a stipulation to or admission or acknowledgment of any liability or wrongdoing on the part consent of the Indemnitee or imposes any obligation on the Indemnitee other than a monetary obligationIndemnitee, and only to the extent the Indemnitor assumes directly, and in full, such obligation and is able to fulfill such obligation. The failure to deliver written notice to the Indemnitor within a reasonable time after the commencement of any such action which consent shall not affect be unreasonably withheld, conditioned or limit Indemnitor’s duty to defend such action but shall relieve Indemnitor of liability to the Indemnitee solely to the extent the Indemnitor is materially prejudiced by the delay. At the Indemnitor’s request and expense, the Indemnitee shall cooperate fully with the Indemnitor and its legal representatives in the investigation and defense of any action, claim or liability covered by this indemnification and provide full information with respect thereto. Subject to the Indemnitee’s fulfillment of its obligations under this Section 9.3, the Indemnitor shall pay any damages, costs or other amounts awarded against the Indemnitee (or payable by the Indemnitee pursuant to a settlement agreement entered into by the Indemnitor) in connection with such claimdelayed.

Appears in 2 contracts

Samples: License Agreement (Molecular Templates, Inc.), License Agreement (Molecular Templates, Inc.)

Procedure. A party (the “Indemnitee”) that intends to claim indemnification under this Section 9 The Indemnitee shall promptly notify the other party (the “Indemnitor”) Indemnitor of any loss, claimliability, damage, liability expense, claim, demand, action, or action other proceeding in respect of which the Indemnitee intends to claim such indemnification, and the Indemnitor shall have the right to participate in, and, to the extent the Indemnitor so desires, jointly with any other Indemnitor similarly noticed, to assume sole Control of the defense thereof with counsel mutually selected by the Indemnitor and reasonably satisfactory to the partiesIndemnitee; provided, including however, that an Indemnitee shall have the right to settle retain its own counsel, with the action on behalf fees and expenses to be paid by the Indemnitee, if representation of such Indemnitee by the Indemnitee on any terms counsel retained by the Indemnitor deems desirable would be inappropriate due to actual or potential differing interests between such Indemnitee and any other Party represented by such counsel in the exercise such proceedings. The indemnity agreement in this Section 11 shall not apply to amounts paid in settlement of its sole discretionany loss, except that the Indemnitor shall notliability, without the Indemnitee’s prior written consentdamage, settle any such claim expense, claim, demand, action, or other proceeding if such settlement contains a stipulation to or admission or acknowledgment of any liability or wrongdoing on shall be effected without the part consent of the Indemnitee or imposes any obligation on the Indemnitee other than a monetary obligationIndemnitor, and only to the extent the Indemnitor assumes directly, and in full, such obligation and is able to fulfill such obligationwhich consent shall not be unreasonably withheld. The failure to deliver written notice to the Indemnitor within a reasonable time after the commencement of any such action shall not affect or limit Indemnitor’s duty action, if prejudicial to its ability to defend such action but action, shall relieve such Indemnitor of any liability to the Indemnitee solely under this Section 11 to the extent Indemnitor is prejudiced by Indemnitee's delay, but the omission of such notice to the Indemnitor is materially prejudiced by the delay. At the Indemnitor’s request and expense, will not relieve it of any liability that it may have to the Indemnitee otherwise than under this Section 11. The Indemnitor may not settle the action or otherwise consent to an adverse judgment in such action or other proceeding that effects the rights or interests of the Indemnitee without the express written consent of the Indemnitee. The Indemnitee under this Section 11, and its employees and agents, shall cooperate fully with the Indemnitor and its legal representatives in the investigation and defense of any action, claim or liability covered by this indemnification and provide full information with respect thereto. Subject to the Indemnitee’s fulfillment of its obligations under this Section 9.3, the Indemnitor shall pay any damages, costs or other amounts awarded against the Indemnitee (or payable by the Indemnitee pursuant to a settlement agreement entered into by the Indemnitor) in connection with such claimindemnification.

Appears in 2 contracts

Samples: Joint Marketing Agreement (MetaMorphix Inc.), Joint Development and Joint Marketing Agreement (MetaMorphix Inc.)

Procedure. A party (the “Indemnitee”) Party that intends to claim indemnification under this Section 9 Article 11 (the “Indemnitee”) shall promptly notify the other party Indemnitor (the “Indemnitor”) in writing of any loss, claim, damage, liability or action Claim in respect of which the Indemnitee intends to claim such indemnification, and the Indemnitor shall have the right to participate in, and, to the extent the Indemnitor so desires, to assume sole Control of the defense thereof with counsel mutually satisfactory to the parties, including the right to settle the action on behalf of the Indemnitee on any terms the Indemnitor deems desirable in the exercise of its sole discretion, except that the Indemnitor shall not, without the Indemnitee’s prior written consent, settle any such claim if such settlement contains a stipulation to or admission or acknowledgment of any liability or wrongdoing on the part of the Indemnitee or imposes any obligation on the Indemnitee other than a monetary obligation, and only to the extent the Indemnitor assumes directly, and in full, such obligation and is able to fulfill such obligation. The failure to deliver written notice to the Indemnitor within a reasonable time after the commencement of any such action with respect to a Claim shall not affect or limit Indemnitor’s duty to defend such action but shall only relieve the Indemnitor of liability to the Indemnitee solely its indemnification obligations under this Article 11 if and to the extent the Indemnitor is actually and materially prejudiced by thereby. The Indemnitor has sole control of the delaydefense or settlement thereof. At the Indemnitor’s request and expense, the The Indemnitee shall cooperate fully with the Indemnitor and its legal representatives in the investigation and defense of any action, claim or liability action with respect to a Claim covered by this indemnification indemnification. The Indemnitee may participate at its expense in the Indemnitor’s defense of and provide full information settlement negotiations for any Claim with respect thereto. Subject to counsel of the Indemnitee’s fulfillment own selection. The Indemnitor shall not settle any Claim in a manner that admits liability of its Indemnitee or requires Indemnitee to perform any material obligations under this Section 9.3(other than payment of money which will be fully satisfied by Indemnitor) without the prior written consent of the Indemnitee, not to be unreasonably withheld, conditioned or delayed. So long as the Indemnitor is actively engaged in activities relating to defending or settling the Claim in good faith, the Indemnitee shall not settle or compromise any such Claim without the prior written consent of the Indemnitor. If the Indemnitor does assume activities in furtherance of the defense and settlement of a Claim as provided above within [***] after written notice from Indemnitee stating intent of the Indemnitor to undertake such activities if Indemnitor does not: (a) the Indemnitee may defend against, consent to the entry of any judgment, or enter into any settlement with respect to such Claim in any manner the Indemnitee may deem reasonably appropriate (and the Indemnitee need not consult with, or obtain any consent from, the Indemnitor in connection therewith); and (b) the Indemnitor shall pay any damages, costs or other amounts awarded against remain responsible to indemnify the Indemnitee (or payable by the Indemnitee pursuant to a settlement agreement entered into by the Indemnitor) as provided in connection with such claimthis Article 11.

Appears in 2 contracts

Samples: License Agreement (Tg Therapeutics, Inc.), License Agreement (Precision Biosciences Inc)

Procedure. A party (Any of the “Indemnitee”) 3DP Indemnitees that intends to claim indemnification under this Section 9 Article 11 shall promptly notify the other party BMS (the "Indemnitor") in writing of any loss, claimliability, damage, liability loss, cost and/or expense (including reasonable attorneys' fees) arising out of Third Party claims or action lawsuits in respect of which the 3DP Indemnitee intends to claim such indemnification, and shall permit the Indemnitor to assume direction and control of the defense of the claim (including the selection of counsel, reasonably acceptable to the 3DP Indemnitee, and the right to negotiate a settlement, at the discretion of the Indemnitor, provided that such settlement does not impose any material obligation or detriment on the 3DP Indemnitee), and shall cooperate as requested (at the expense of the Indemnitor) in the defense of the claim; provided, however, that a 3DP Indemnitee shall have the right to participate inretain its own counsel, and, with the fees and expenses to the extent the Indemnitor so desires, to assume sole Control of the defense thereof with counsel mutually satisfactory to the parties, including the right to settle the action on behalf of the Indemnitee on any terms the Indemnitor deems desirable in the exercise of its sole discretion, except that the Indemnitor shall not, without the be paid by such 3DP Indemnitee’s prior written consent, settle any such claim if such settlement contains a stipulation to or admission or acknowledgment of any liability or wrongdoing on the part of the Indemnitee or imposes any obligation on the Indemnitee other than a monetary obligation, and only to the extent the Indemnitor assumes directly, and in full, such obligation and is able to fulfill such obligation. The failure to deliver written notice to the Indemnitor within a reasonable time after the commencement of any such action shall not affect or limit Indemnitor’s duty action, if prejudicial to its ability to defend such action but action, shall relieve the Indemnitor of any liability to the 3DP Indemnitee solely to the extent the Indemnitor is materially prejudiced by the delayunder this Article 11. At the Indemnitor’s request and expense's request, the 3DP Indemnitee under this Article 11, and its employees and agents, shall cooperate ** Certain portions of this Exhibit have been omitted based upon a request for confidential treatment that has been filed with the Commission. The omitted portions have been filed separately with the Commission fully with the Indemnitor and its legal representatives in the investigation and defense of any action, claim or liability loss covered by this indemnification and provide full true, correct and complete information with respect thereto. Subject to the Indemnitee’s fulfillment of its obligations under this Section 9.3, the Indemnitor shall pay any damages, costs or other amounts awarded against the Indemnitee (or payable by the Indemnitee pursuant to a settlement agreement entered into by the Indemnitor) in connection with such claim.

Appears in 2 contracts

Samples: License and Option Agreement (3 Dimensional Pharmaceuticals Inc), Nonexclusive License and Purchase Agreement (3 Dimensional Pharmaceuticals Inc)

Procedure. A party (the "Indemnitee") that intends to claim indemnification under this Section 9 hereunder shall promptly notify the other party (the "Indemnitor") of any loss, claim, damagedemand, liability action or action in respect of other proceeding for which the Indemnitee intends to claim such indemnification, and the . The Indemnitor shall have the right to participate in, and, to the extent the Indemnitor so desires, in and to assume sole Control of the defense thereof with counsel mutually satisfactory to selected by the partiesIndemnitor; provided, including however, that the Indemnitee shall have the right to settle retain its own counsel, with the action on behalf fees and expenses to be paid by the Indemnitor, if representation of the Indemnitee on any terms by the counsel retained by the Indemnitor deems desirable in the exercise of its sole discretion, except that the Indemnitor shall not, without the Indemnitee’s prior written consent, settle any such claim if such settlement contains a stipulation would be inappropriate due to actual or admission or acknowledgment of any liability or wrongdoing on the part of potential differing interests between the Indemnitee or imposes and any obligation on the Indemnitee other than a monetary obligation, and only to the extent the Indemnitor assumes directly, and party represented by such counsel in full, such obligation and is able to fulfill such obligationproceedings. The failure to deliver written notice to the Indemnitor within a reasonable time after the commencement notice of any such claim or demand, or the commencement any such action shall not affect or limit Indemnitor’s duty other proceeding, if prejudicial to its ability to defend such claim, demand, action but or other proceeding, shall relieve such Indemnitor of any liability to the Indemnitee solely hereunder with respect thereto, but the omission so to deliver notice to the extent Indemnitor shall not relieve it of any liability that it may otherwise have to the Indemnitee. The Indemnitor is materially prejudiced by may not settle or otherwise consent to an adverse judgment in such claim, demand, action or other proceeding, that diminishes the delayrights or interests of Indemnitee without the prior express written consent of the Indemnitee, which consent shall be unreasonably withheld or delayed. At the Indemnitor’s request The Indemnitee, its employees and expenseagents, the Indemnitee shall reasonably cooperate fully with the Indemnitor and its legal representatives in the investigation and defense of any actionclaim, claim or liability covered by this indemnification and provide full information with respect thereto. Subject to the Indemnitee’s fulfillment of its obligations under this Section 9.3demand, the Indemnitor shall pay any damages, costs action or other amounts awarded against the Indemnitee (or payable by the Indemnitee pursuant to a settlement agreement entered into by the Indemnitor) in connection with such claimproceeding covered hereby.

Appears in 2 contracts

Samples: License Agreement (Lynx Therapeutics Inc), License Agreement (Lynx Therapeutics Inc)

Procedure. A party Party (the “Indemnitee”) that intends to claim indemnification under this Section 9 Article 17 shall promptly notify without undue delay Notify the other party Party (the “Indemnitor”) in writing of any loss, claim, damage, liability or action Claim in respect of which the Indemnitee intends or any of its Affiliates, Sublicensees or their directors, officers, employees or agents intend to claim such indemnification, and the Indemnitor shall have the right to participate in, and, to the extent the Indemnitor so desires, to assume sole Control of the defense thereof with counsel mutually satisfactory to the partiesParties; provided, including however, that Indemnitee shall have the right to settle retain its own counsel, with the action on behalf fees and expenses to be paid by the Indemnitor, if representation of such Indemnitee by the Indemnitee on any terms counsel retained by the Indemnitor deems desirable would be inappropriate due to actual or potential differing interests between such Indemnitee and any other Party represented by such counsel in the exercise such proceeding. The indemnity agreement in this Section shall not apply to amounts paid in settlement of its sole discretion, except that the Indemnitor shall not, without the Indemnitee’s prior written consent, settle any such claim Claim if such settlement contains a stipulation to or admission or acknowledgment of any liability or wrongdoing on is effected without the part consent of the Indemnitee or imposes any obligation on the Indemnitee other than a monetary obligationIndemnitor, and only to the extent the Indemnitor assumes directly, and in full, such obligation and is able to fulfill such obligationwhich consent shall not be withheld unreasonably. The failure to deliver written notice Notice to the Indemnitor within a reasonable time after the commencement of any such action shall not affect or limit Indemnitor’s duty action, if prejudicial to its ability to defend such action but action, shall relieve such Indemnitor of any liability to the Indemnitee solely under this Section but the omission so to deliver written Notice to the extent the Indemnitor is materially prejudiced by the delayshall not relieve it of any liability that it may have to any Indemnitee otherwise than under this Section. At the Indemnitor’s request The Indemnitee under this Section, its employees and expenseagents, the Indemnitee shall cooperate fully with the Indemnitor and its legal representatives in the investigation and defense of any action, claim Claim or liability covered by this indemnification and provide full information with respect thereto. Subject to the Indemnitee’s fulfillment of its obligations under this Section 9.3, the Indemnitor shall pay any damages, costs or other amounts awarded against the Indemnitee (or payable by the Indemnitee pursuant to a settlement agreement entered into by the Indemnitor) in connection with such claimindemnification.

Appears in 2 contracts

Samples: License Agreement (Bavarian Nordic a/S / ADR), License Agreement (Bavarian Nordic a/S / ADR)

Procedure. A party (the “Indemnitee”) that If any Duality Indemnitee or Licensee Indemnitee intends to claim indemnification under this Section 9 Article 14 (the “Indemnitee”), Duality or Licensee, as the case may be, shall promptly notify the other party indemnifying Party (the “Indemnitor”) in writing of any lossThird Party Claim, claim, damage, liability or action in respect of which the Indemnitee intends to claim such indemnification. Each indemnification claim notice must contain a description of the claim, the nature and amount of such loss (to the extent known at the time). The Indemnitor shall have the right to participate in, and, to the extent the Indemnitor so desires, to assume sole Control control of the defense and/or settlement thereof with counsel mutually satisfactory to the parties, including the right to settle the action on behalf of and the Indemnitee on any terms shall be entitled to participate in (but not control) the Indemnitor deems desirable in the exercise defense of such Third Party Claim and to employ counsel of its sole discretionchoice for this purpose, except that the Indemnitor at its own expense. The indemnity arrangement in this Article 14 shall notnot apply to amounts paid in settlement of any action with respect to a Third Party Claim, without the Indemnitee’s prior written consent, settle any such claim if such settlement contains a stipulation to or admission or acknowledgment of any liability or wrongdoing on is effected without the part consent of the Indemnitee Indemnitor, which consent shall not be withheld, conditioned or imposes any obligation on the Indemnitee other than a monetary obligation, and only to the extent the Indemnitor assumes directly, and in full, such obligation and is able to fulfill such obligationdelayed unreasonably. The failure to deliver written notice to the Indemnitor Indemnitee within a reasonable time after the commencement of any such action with respect to a Third Party Claim shall not affect or limit Indemnitor’s duty to defend such action but shall only relieve the Indemnitor of liability to the Indemnitee solely its indemnification obligations under this Article 14 if and to the extent the Indemnitor Indemnitee is materially actually prejudiced by thereby. Duality or Licensee, as the delay. At the Indemnitor’s request case may be, and expense, the Indemnitee shall cooperate fully with the Indemnitor and its legal representatives in the investigation and defense of any action, claim or liability action with respect to a Third Party Claim covered by this these indemnification provisions. The Indemnitor shall not settle any Third Party Claim without the prior written consent of the Indemnitee if the settlement is reasonably expected to: (a) result in or impose any obligation (including any payment obligation) on the Indemnitee or otherwise adversely affect the business of the Indemnitee in any manner, or (b) result in any admission of wrong-doing or fault by the Indemnitee. The costs and provide full information expenses, including fees and disbursements of counsel, incurred by the Indemnitee in connection with respect thereto. Subject any claim shall be reimbursed by the Indemnitor on a Calendar Quarter basis, without prejudice to the Indemnitor’s right to contest the Indemnitee’s fulfillment of its obligations under this Section 9.3, right to indemnification and subject to refund in the Indemnitor shall pay any damages, costs or other amounts awarded against event the Indemnitee (or payable by is ultimately held not to be obligated to indemnify the Indemnitee pursuant to a settlement agreement entered into by the Indemnitor) in connection with such claimIndemnitee.

Appears in 2 contracts

Samples: License and Collaboration Agreement (BioNTech SE), License and Collaboration Agreement (BioNTech SE)

Procedure. A party In the event that any Person entitled to indemnification under Section 10.1 or Section 10.2 (the an “Indemnitee”) is seeking such indemnification, such Indemnitee shall (i) inform, in writing, the indemnifying Party of a Claim as soon as reasonably practicable after such Indemnitee receives notice of such Claim, (ii) permit the indemnifying Party to assume direction and control of the defense of the Claim (including the sole right to settle it at the sole discretion of the indemnifying Party, provided, that intends such settlement or compromise does not admit any fault or negligence on the part of the Indemnitee, nor impose any obligation on, or otherwise materially adversely affect the Indemnitee or other Party), (iii) cooperate as reasonably requested (at the expense of the indemnifying Party) in the defense of the Claim, and (iv) undertake reasonable steps to claim indemnification under this Section 9 shall promptly notify the other party (the “Indemnitor”) of mitigate any loss, claimdamage or expense with respect to the Claim(s). Notwithstanding anything in this Agreement to the contrary, damagethe indemnifying Party shall have no liability under Section 10.1 or 10.2, liability as the case may be, with respect to Claims settled or action in respect of which compromised by the Indemnitee intends to claim such indemnification, and the Indemnitor shall have the right to participate in, and, to the extent the Indemnitor so desires, to assume sole Control of the defense thereof with counsel mutually satisfactory to the parties, including the right to settle the action on behalf of the Indemnitee on any terms the Indemnitor deems desirable in the exercise of its sole discretion, except that the Indemnitor shall not, without the Indemniteeindemnifying Party’s prior written consent, settle any such claim if such settlement contains a stipulation to or admission or acknowledgment of any liability or wrongdoing on the part of the Indemnitee or imposes any obligation on the Indemnitee other than a monetary obligation, and only to the extent the Indemnitor assumes directly, and in full, such obligation and is able to fulfill such obligation. The failure to deliver written notice to the Indemnitor within a reasonable time after the commencement of any such action which shall not affect or limit Indemnitor’s duty to defend such action but shall relieve Indemnitor of liability to the Indemnitee solely to the extent the Indemnitor is materially prejudiced by the delaybe unreasonably withheld. At the Indemnitor’s request and expense*** INDICATES MATERIAL THAT WAS OMITTED AND FOR WHICH CONFIDENTIAL TREATMENT WAS REQUESTED. ALL SUCH OMITTED MATERIAL WAS FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO RULE 406 PROMULGATED UNDER THE SECURITIES ACT OF 1933, the Indemnitee shall cooperate fully with the Indemnitor and its legal representatives in the investigation and defense of any action, claim or liability covered by this indemnification and provide full information with respect theretoAS AMENDED. Subject to the Indemnitee’s fulfillment of its obligations under this Section 9.3, the Indemnitor shall pay any damages, costs or other amounts awarded against the Indemnitee (or payable by the Indemnitee pursuant to a settlement agreement entered into by the Indemnitor) in connection with such claim.EXECUTION COPY Confidential

Appears in 2 contracts

Samples: Collaboration and License Agreement (Kinemed Inc), Collaboration and License Agreement (Kinemed Inc)

Procedure. A party (the “Indemnitee”) that intends to claim indemnification under this Section 9 shall promptly Each Indemnitee will notify the other party (the “Indemnitor”) Warrantors in writing of any loss, claim, damage, liability or action Action against such Indemnitee in respect of which the Warrantors are or may be obligated to provide indemnification hereunder promptly after the receipt of notice or knowledge of the commencement thereof. The failure of any Indemnitee intends to claim notify other Parties shall not relieve the Warrantors from any liability or obligation which it may have to such indemnification, Indemnitee under this Section 1(e) of this Schedule F or otherwise unless the failure to so notify results in the forfeiture by the Warrantors of substantial rights and defenses and will not in any event relieve the Indemnitor shall Warrantors from any obligations other than the indemnification provided for herein. The Warrantors will have the right to participate in, and, to the extent the Indemnitor Warrantors so desiresdesire, to assume sole Control of the defense thereof thereof, with counsel mutually reasonably satisfactory to the partiesIndemnitee. However, including the Indemnitee will have the right to settle retain separate counsel and to participate in the action on behalf defense thereof, with the fees and expenses of such counsel to be paid by the Warrantors, if representation of such Indemnitee by the counsel retained by the Warrantors would be, in the Indemnitee’s view, inappropriate due to actual or potential differing interests between such Indemnitee and any other party represented by such counsel in such proceeding. The Warrantors will be responsible for the expenses of such defense even if the Warrantors do not elect to assume such defense. No Warrantor may, except with the consent of the Indemnitee, consent to the entry of any judgment or enter into any settlement which does not include as a term thereof the unconditional release of the Indemnitee on any terms the Indemnitor deems desirable of all liability in the exercise respect of its sole discretion, except that the Indemnitor shall not, without the Indemnitee’s prior written consent, settle any such claim if such settlement contains a stipulation to or admission or acknowledgment of any liability or wrongdoing on the part of the Indemnitee or imposes any obligation on the Indemnitee other than a monetary obligation, and only to the extent the Indemnitor assumes directly, and in full, such obligation and is able to fulfill such obligation. The failure to deliver written notice to the Indemnitor within a reasonable time after the commencement of any such action shall not affect or limit Indemnitor’s duty to defend such action but shall relieve Indemnitor of liability to the Indemnitee solely to the extent the Indemnitor is materially prejudiced by the delay. At the Indemnitor’s request and expense, the Indemnitee shall cooperate fully with the Indemnitor and its legal representatives in the investigation and defense of any action, claim or liability covered by this indemnification and provide full information with respect thereto. Subject to the Indemnitee’s fulfillment of its obligations under this Section 9.3, the Indemnitor shall pay any damages, costs or other amounts awarded against the Indemnitee (or payable by the Indemnitee pursuant to a settlement agreement entered into by the Indemnitor) in connection with such claimlitigation.

Appears in 2 contracts

Samples: Share Purchase Agreement (AiHuiShou International Co. Ltd.), Series E Preferred Share Purchase Agreement (AiHuiShou International Co. Ltd.)

Procedure. 15.2.1 A party Party (the “Indemnitee”) that intends to claim indemnification under this Section 9 Article 15 shall promptly notify provide notice to the other party Party (the “Indemnitor”) of any loss, claim, damage, liability or action Claim in respect of which the Indemnitee intends to claim such indemnification, which notice shall include a reasonable identification of the alleged facts giving rise to such Liability, and the Indemnitor shall have the right to participate in, and, to the extent the Indemnitor so desires, jointly with any other Indemnitor similarly noticed, to assume sole Control of control the defense thereof with counsel mutually satisfactory to selected by the partiesIndemnitor. However, including notwithstanding the foregoing, the Indemnitee shall have the right to settle participate in, but not control, the action on behalf defense of any Claim, and request separate counsel, with the fees and expenses to be paid by the Indemnitee, unless (a) representation of such Indemnitee by the counsel retained by the Indemnitor would be inappropriate due to actual or potential differing interests between such Indemnitee and any other Party represented by such counsel in such proceedings or (b) the Indemnitor has failed to assume the defense of the applicable Claim, in which case ((a) or (b)), such fees and expenses shall be paid by the Indemnitor. The Indemnitee on any terms the Indemnitor deems desirable shall, and shall cause each of its Affiliates and its and their respective directors, officers, employees and agents, as applicable, to, cooperate in the exercise defense or prosecution thereof and shall furnish such records, information and testimony, provide such witnesses and attend such conferences, discovery proceedings, hearings, trials and appeals and otherwise providing reasonable access to such Indemnitor and other employees and agents of its sole discretionthe Indemnitor, except in each case as may be reasonably requested in connection therewith; provided, that the Indemnitor shall notreimburse the Indemnitee for its reasonable and verifiable out-of-pocket expenses in connection therewith. The Indemnitor may not settle any Claim, and the Indemnitee shall not be responsible for or be bound by any settlement of a Claim that imposes an obligation on it, without the Indemnitee’s prior written consentconsent of the Indemnitee, which consent shall not be unreasonably withheld, conditioned or delayed. The Indemnitee may not settle any such claim if such settlement contains a stipulation to or admission or acknowledgment without the prior written consent of any liability or wrongdoing on the part of the Indemnitee or imposes any obligation on the Indemnitee other than a monetary obligationIndemnitor, and only to the extent the Indemnitor assumes directly, and in full, such obligation and is able to fulfill such obligation. The failure to deliver written notice to the Indemnitor within a reasonable time after the commencement of any such action which consent shall not affect be unreasonably withheld, conditioned or limit Indemnitor’s duty to defend such action but shall relieve Indemnitor of liability to the Indemnitee solely to the extent the Indemnitor is materially prejudiced by the delay. At the Indemnitor’s request and expense, the Indemnitee shall cooperate fully with the Indemnitor and its legal representatives in the investigation and defense of any action, claim or liability covered by this indemnification and provide full information with respect thereto. Subject to the Indemnitee’s fulfillment of its obligations under this Section 9.3, the Indemnitor shall pay any damages, costs or other amounts awarded against the Indemnitee (or payable by the Indemnitee pursuant to a settlement agreement entered into by the Indemnitor) in connection with such claimdelayed.

Appears in 2 contracts

Samples: Commercial License Agreement (Mersana Therapeutics, Inc.), Commercial License Agreement (Mersana Therapeutics, Inc.)

Procedure. A party (the “Indemnitee”) that intends to claim indemnification under this Section 9 Article 10.0 (the "Indemnitee") shall promptly notify the other party (the "Indemnitor") of any loss, claimliability, damage, liability expense, claim, demand, action or action other proceeding in respect of which the Indemnitee intends to claim such indemnification, and the Indemnitor shall have the right to participate in, and, and to the extent the Indemnitor so desires, desires to assume sole Control of (jointly with any other indemnitor similarly noticed) the defense thereof with counsel mutually selected by the Indemnitor and reasonably satisfactory to the partiesIndemnitee; provided however, including that the Indemnitee shall have the right to settle retain its own counsel, with the action on behalf fees and expenses to be paid by the Indemnitee, if representation of such Indemnitee by the Indemnitee on any terms counsel retained by the Indemnitor deems desirable would be inappropriate due to actual or potential differing interests between such Indemnitee and any other party represented by such counsel in the exercise such proceedings. The indemnity agreement in this Article 10.0 shall not apply to amounts paid in settlement of its sole discretionany loss, except that the Indemnitor shall notliability, without the Indemnitee’s prior written consentdamage, settle any such claim expense, claim, demand, action or other proceeding if such settlement contains a stipulation to or admission or acknowledgment of any liability or wrongdoing on shall be effected without the part consent of the Indemnitee or imposes any obligation on the Indemnitee other than a monetary obligationIndemnitor, and only to the extent the Indemnitor assumes directly, and in full, such obligation and is able to fulfill such obligationwhich consent shall not be unreasonably withheld. The failure by the Indemnitee to deliver written notice to the Indemnitor within a reasonable time after the commencement of any such action shall not affect or limit Indemnitor’s duty action, if prejudicial to its ability to defend such action but action, shall relieve such Indemnitor of any liability to the Indemnitee solely under this Article 10.0, but the omission to deliver notice to the extent Indemnitor will not relieve the Indemnitor is materially prejudiced by the delay. At the Indemnitor’s request and expense, of any liability that it may have to the Indemnitee other than under this Article 10.0. The Indemnitor may not settle the action or otherwise consent to an adverse judgment in such action or other proceeding that materially diminishes the rights or interests of the Indemnitee without the express written consent of the Indemnitee. The Indemnitee under this Article 10.0 and its employees and agents shall cooperate fully reasonably with the Indemnitor and its legal representatives in the investigation and defense of any action, claim or liability covered by this indemnification and provide full information with respect thereto. Subject to the Indemnitee’s fulfillment of its obligations under this Section 9.3, the Indemnitor shall pay any damages, costs or other amounts awarded against the Indemnitee (or payable by the Indemnitee pursuant to a settlement agreement entered into by the Indemnitor) in connection with such claimindemnification.

Appears in 2 contracts

Samples: Research Agreement (Array Biopharma Inc), Research Agreement (Array Biopharma Inc)

Procedure. 9.2.1 A party Party (the “Indemnitee”) that intends to claim indemnification under this Section 9 shall 9.2 will promptly notify provide notice to the other party Party (the “Indemnitor”) of any loss, claim, damage, liability or action Claim in respect of which the Indemnitee intends to claim such indemnification, which notice will include a reasonable identification of the alleged facts giving rise to such Liability, and the Indemnitor shall will have the right to participate in, and, to the extent the Indemnitor so desires, jointly with any other Indemnitor similarly noticed, to assume sole Control of control the defense thereof with counsel mutually satisfactory selected by the Indemnitor. However, notwithstanding the foregoing, except with respect to any CONFIDENTIAL TREATMENT REQUESTED. INFORMATION FOR WHICH CONFIDENTIAL TREATMENT HAS BEEN REQUESTED IS OMITTED AND MARKED WITH “[...***...]”. AN UNREDACTED VERSION OF THE DOCUMENT HAS ALSO BEEN FURNISHED SEPARATELY TO THE SECURITIES AND EXCHANGE COMMISSION AS REQUIRED BY RULE 406 UNDER THE SECURITIES ACT OF 1933, AS AMENDED. Claim that is a Third Party Action, the partiesprocess for the defense of which will be governed by Sections 7.6 and 7.7, including the Indemnitee will have the right to settle participate in, but not control, the action on behalf defense of any Claim, and request separate counsel, with the fees and expenses to be paid by the Indemnitee, unless (a) representation of such Indemnitee by the counsel retained by the Indemnitor would be inappropriate due to actual or potential differing interests between such Indemnitee and any other Party represented by such counsel in such proceedings or (b) the Indemnitor has failed to assume the defense of the applicable Claim, in which case ((a) or (b)), such fees and expenses will be paid by the Indemnitor. The Indemnitee on any terms the Indemnitor deems desirable will, and will cause each of its Affiliates and its and their respective directors, officers, employees and agents, as applicable, to, cooperate in the exercise defense or prosecution thereof and will furnish such records, information and testimony, provide such witnesses and attend such conferences, discovery proceedings, hearings, trials and appeals and otherwise providing reasonable access to such indemnitees and other employees and agents of its sole discretionthe Indemnitee, except in each case as may be reasonably requested in connection therewith; provided that the Indemnitor shall notwill reimburse the Indemnitee for its reasonable and verifiable out-of-pocket expenses in connection therewith. The Indemnitor may not settle any Claim, and the Indemnitee will not be responsible for or be bound by any settlement of a Claim that imposes an obligation on it, without the Indemnitee’s prior written consent, settle any such claim if such settlement contains a stipulation to or admission or acknowledgment of any liability or wrongdoing on the part consent of the Indemnitee Indemnitee, which consent will not be unreasonably withheld, conditioned or imposes any obligation on the Indemnitee other than a monetary obligation, and only to the extent the Indemnitor assumes directly, and in full, such obligation and is able to fulfill such obligation. The failure to deliver written notice to the Indemnitor within a reasonable time after the commencement of any such action shall not affect or limit Indemnitor’s duty to defend such action but shall relieve Indemnitor of liability to the Indemnitee solely to the extent the Indemnitor is materially prejudiced by the delay. At the Indemnitor’s request and expense, the Indemnitee shall cooperate fully with the Indemnitor and its legal representatives in the investigation and defense of any action, claim or liability covered by this indemnification and provide full information with respect thereto. Subject to the Indemnitee’s fulfillment of its obligations under this Section 9.3, the Indemnitor shall pay any damages, costs or other amounts awarded against the Indemnitee (or payable by the Indemnitee pursuant to a settlement agreement entered into by the Indemnitor) in connection with such claimdelayed.

Appears in 2 contracts

Samples: Collaboration and License Agreement (Ablynx NV), Collaboration and License Agreement (Ablynx NV)

Procedure. A party The arbitrator shall set a hearing date for an arbitration (the “Indemnitee”"Hearing") that within ninety (90) days from the date the arbitrator is selected, unless otherwise agreed by the parties. At least fifteen (15) days before the Hearing, each party shall submit to the arbitrator a list of all witnesses and exhibits which it intends to claim indemnification under this Section 9 present at the Hearing. No later than five (5) days before the Hearing, each party shall promptly notify provide to the arbitrator a short (not to 25 exceed five (5) single-spaced pages or such other page limit as the arbitrator permits) statement of its position with regard to the dispute. Notwithstanding the Commercial Arbitration Rules, each party (the “Indemnitor”) of any loss, claim, damage, liability or action in respect of which the Indemnitee intends to claim such indemnification, and the Indemnitor shall have the right to participate in, and, conduct up to the extent the Indemnitor so desires, to assume sole Control a total of the defense thereof with counsel mutually satisfactory to the parties, including the right to settle the action on behalf of the Indemnitee on any terms the Indemnitor deems desirable in the exercise of its sole discretion, except that the Indemnitor shall not, without the Indemnitee’s prior written consent, settle any such claim if such settlement contains a stipulation to or admission or acknowledgment of any liability or wrongdoing on the part of the Indemnitee or imposes any obligation on the Indemnitee other than a monetary obligation, and only to the extent the Indemnitor assumes directly, and in full, such obligation and is able to fulfill such obligation. The failure to deliver written notice to the Indemnitor within a reasonable time after the commencement of any such action shall not affect or limit Indemnitor’s duty to defend such action but shall relieve Indemnitor of liability to the Indemnitee solely to the extent the Indemnitor is materially prejudiced by the delaytwo (2) depositions. At the Indemnitor’s request Hearing, each party shall, unless it waives the opportunity, make an oral opening statement and expensean oral closing statement. The arbitrator shall not be strictly bound by rules of procedure or rules of evidence, but shall use the Federal Rules of Evidence as a guideline in conducting the Hearing. When testimony is complete and each party has introduced its exhibits pursuant to the provisions of this Agreement, and each party has made a closing statement pursuant to the provisions of this Agreement or waived the opportunity to do so, the Indemnitee arbitrator shall cooperate fully with declare the Indemnitor and its legal representatives Hearing closed; provided that the parties may submit post-hearing briefs pursuant to an agreed upon schedule or a schedule formulated by the arbitrator. The Hearing shall be conducted in private. Attendance at the investigation and defense of any action, claim or liability covered by this indemnification and provide full information with respect thereto. Subject Hearing shall be limited to the Indemnitee’s fulfillment following: (i) the arbitrator; (ii) representatives of its obligations under this Section 9.3each party; (iii) each party's attorneys and such attorneys' assistants or advisors, if any, including expert witnesses if any; (iv) a court reporter if requested by either party; and (v) any witnesses. The arbitrator may sequester witnesses upon the motion of a party. Within thirty (30) days of the close of the Hearing or submission of the post-hearing briefs, the Indemnitor arbitrator shall pay issue a written opinion and an award (the "Award") based on evidence, arguments and post-hearing briefs, if any. The Award shall be a decision of the arbitrator, shall resolve the parties' dispute and shall be final and binding on the parties. Except as otherwise provided in this Agreement, there shall be no ex parte communication regarding the subject matter of the Hearing, in which event the arbitrator will render and deliver to the parties a written opinion and Award within thirty (30) days of being notified that the parties waive the Hearing. Notwithstanding any damagesother provision of this Agreement, costs the arbitrator shall have no power to delete from, add to or other amounts awarded against modify the Indemnitee (terms of this Agreement, and may not award any remedy which effectively conflicts directly or payable by the Indemnitee pursuant to a settlement agreement entered into by the Indemnitor) in connection indirectly with such claimany provision of this Agreement.

Appears in 1 contract

Samples: Asset Purchase Agreement (Medicis Pharmaceutical Corp)

Procedure. A party Party (the “Indemnitee”) that intends to claim indemnification under this Section 9 shall Article 7 shall: (i) promptly notify the other party indemnifying Party (the “Indemnitor”) in writing of any claim, action, suit, or other proceeding brought by third parties in respect of which the Indemnitee intends to claim such indemnification hereunder; (ii) provide the Indemnitor sole control of the defense and/or settlement thereof, and (iii) provide the Indemnitor, at the Indemnitor’s request and expense, with reasonable assistance and full information with respect thereto. Indemnitor shall not settle any claim, suit or proceeding subject to this Article 7 or otherwise consent to an adverse judgment in such claim, suit or proceeding if the same materially diminishes the rights or interests of the Indemnitee without the express written consent of the Indemnitee. Notwithstanding the foregoing, the indemnity agreement in this Article 7 shall not apply to amounts paid in settlement of any loss, claim, damage, liability or action in respect if such settlement is effected without the consent of which the Indemnitee intends Indemnitor, to claim the extent such indemnificationconsent is not withheld unreasonably or delayed. Notwithstanding anything herein to the contrary, and the Indemnitor [***] INDICATES MATERIAL THAT WAS OMITTED AND FOR WHICH CONFIDENTIAL TREATMENT WAS REQUESTED. ALL SUCH OMITTED MATERIAL WAS FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO RULE 24b-2 PROMULGATED UNDER THE SECURITIES EXCHANGE ACT OF 1934, AS AMENDED. Indemntee shall have the right to participate inin any such claim, and, to the extent the Indemnitor so desires, to assume sole Control of the defense thereof suit or proceeding with counsel mutually satisfactory to the parties, including the right to settle the action on behalf of the Indemnitee on any terms the Indemnitor deems desirable in the exercise of its sole discretion, except that the Indemnitor shall not, without the Indemnitee’s prior written consent, settle any such claim if such settlement contains a stipulation to or admission or acknowledgment of any liability or wrongdoing on the part of the Indemnitee or imposes any obligation on the Indemnitee other than a monetary obligation, and only to the extent the Indemnitor assumes directly, and in full, such obligation and is able to fulfill such obligation. The failure to deliver written notice to the Indemnitor within a reasonable time after the commencement of any such action shall not affect or limit Indemnitor’s duty to defend such action but shall relieve Indemnitor of liability to the Indemnitee solely to the extent the Indemnitor is materially prejudiced by the delay. At the Indemnitor’s request and choosing at its own expense, the Indemnitee shall cooperate fully with the Indemnitor and its legal representatives in the investigation and defense of any action, claim or liability covered by this indemnification and provide full information with respect thereto. Subject to the Indemnitee’s fulfillment of its obligations under this Section 9.3, the Indemnitor shall pay any damages, costs or other amounts awarded against the Indemnitee (or payable by the Indemnitee pursuant to a settlement agreement entered into by the Indemnitor) in connection with such claim.

Appears in 1 contract

Samples: Transition Services Agreement (Vivus Inc)

Procedure. A party (the “Indemnitee”) Party that intends to claim indemnification under this Section 9 12.1 (the “Indemnitee”) shall promptly notify the other party Party (the “Indemnitor”) in writing of any loss, claim, damage, liability or action Claim in respect of which the Indemnitee intends to claim such indemnification, and the Indemnitor shall have the right to participate in, and, to the extent the Indemnitor so desires, to assume sole Control of the defense thereof with counsel mutually satisfactory to the parties, including the right to settle the action on behalf of the Indemnitee on any terms the Indemnitor deems desirable in the exercise of its sole discretion, except that the Indemnitor shall not, without the Indemnitee’s prior written consent, settle any such claim if such settlement contains a stipulation to or admission or acknowledgment of any liability or wrongdoing on the part of the Indemnitee or imposes any obligation on the Indemnitee other than a monetary obligation, and only to the extent the Indemnitor assumes directly, and in full, such obligation and is able to fulfill such obligation. The failure to deliver written notice to the Indemnitor within a reasonable time after the commencement of any such action with respect to a Claim shall not affect or limit Indemnitor’s duty to defend such action but shall only relieve the Indemnitor of liability to the Indemnitee solely its indemnification obligations under this Section 12.1 if and to the extent the Indemnitor is actually and materially prejudiced by thereby. The Indemnitor has sole control of the delaydefense or settlement thereof. At the Indemnitor’s request and expense, the The Indemnitee shall cooperate fully with the Indemnitor and its legal representatives in the investigation and defense of any action, claim or liability action with respect to a Claim covered by this indemnification indemnification. The Indemnitee may participate at its expense in the Indemnitor’s defense of and provide full information settlement negotiations for any Claim with respect thereto. Subject to counsel of the Indemnitee’s fulfillment own selection. The Indemnitor shall not settle any Claim without the prior written consent of its obligations under this Section 9.3the Indemnitee, not to be unreasonably withheld, conditioned or delayed. So long as the Indemnitor is actively defending the Claim in good faith, the Indemnitee shall not settle or compromise any such Claim without the prior written consent of the Indemnitor. If the Indemnitor does not assume and conduct the defense of the Claim as provided above: (i) the Indemnitee may defend against, consent to the entry of any judgment, or enter into any settlement with respect to such Claim in any manner the Indemnitee may deem reasonably appropriate (and the Indemnitee need not consult with, or obtain any consent from, the Indemnitor in connection therewith); and (ii) the Indemnitor shall pay any damages, costs or other amounts awarded against remain responsible to indemnify the Indemnitee (or payable by the Indemnitee pursuant to a settlement agreement entered into by the Indemnitor) as provided in connection with such claimthis Section 12.1.

Appears in 1 contract

Samples: License and Collaboration Agreement (Sutro Biopharma, Inc.)

Procedure. A party (the "Indemnitee") that intends to claim indemnification under this Section 9 10 shall promptly notify the other party (the "Indemnitor") of any loss, claim, damage, liability or action in respect of Claim for which the Indemnitee intends to claim such indemnification, and the . The Indemnitor shall have the right to participate in, and, to the extent the Indemnitor so desires, to assume sole Control of and control the defense and/or settlement thereof with counsel mutually satisfactory to selected by the parties, including the right to settle the action on behalf of the Indemnitee on any terms the Indemnitor deems desirable in the exercise of its sole discretion, except that the Indemnitor shall not, without the Indemnitee’s prior written consent, settle any such claim if such settlement contains a stipulation to or admission or acknowledgment of any liability or wrongdoing on the part of the Indemnitee or imposes any obligation on the Indemnitee other than a monetary obligation, and only to the extent the Indemnitor assumes directly, and in full, such obligation and is able to fulfill such obligationIndemnitor. The failure to deliver written notice to the Indemnitor within a reasonable time after notice of any such claim or demand, or the commencement of any such action shall not affect or limit Indemnitor’s duty other proceeding, if prejudicial to its ability to defend such claim, demand, action but or other proceeding, shall relieve such Indemnitor of any liability to the Indemnitee solely under this Section 10 with respect thereto. The indemnity obligations under this Section 10 shall not apply to amounts paid in settlement of any claim, demand, action or other proceeding if such settlement is effected without the extent the Indemnitor is materially prejudiced by the delay. At prior express written consent of the Indemnitor’s request , which consent shall not be unreasonably withheld or delayed. The Indemnitor may not settle or otherwise consent to an adverse judgment in any such claim, demand, action or other proceeding, that diminishes the rights or interests of the Indemnitee without the prior express written consent of the Indemnitee, which consent shall not be unreasonably withheld or delayed. The Indemnitee, its employees and agents, shall at the Indemnitor's expense, the Indemnitee shall reasonably cooperate fully with the Indemnitor and its legal representatives in the investigation and defense of any actionclaim, claim demand, action or liability other proceeding covered by this indemnification and provide full information with respect thereto. Subject to the Indemnitee’s fulfillment of its obligations under this Section 9.3, the Indemnitor shall pay any damages, costs or other amounts awarded against the Indemnitee (or payable by the Indemnitee pursuant to a settlement agreement entered into by the Indemnitor) in connection with such claim10.

Appears in 1 contract

Samples: License Agreement (Oryx Technology Corp)

Procedure. A party (the “Indemnitee”) that intends to claim indemnification under this Section 9 ARTICLE 5 (the “Indemnitee”) shall promptly notify the other party responsible for providing the indemnity pursuant to Section 5.1 or 5.2, as applicable (the “Indemnitor”) ), of any loss, claim, damage, liability or action in respect of Claim for which the Indemnitee intends to claim such indemnification, and the . The Indemnitor shall have the right to participate in, and, and to the extent the Indemnitor so desiresdesires to assume, to assume sole Control of the defense thereof with counsel mutually satisfactory to selected by the partiesIndemnitor; provided, including however, that the Indemnitee shall have the right to settle retain its own counsel, with the action on behalf fees and expenses to be paid by the Indemnitor, if representation of the Indemnitee on any terms by the counsel retained by the Indemnitor deems desirable would be inappropriate due to actual or potential differing interests between the Indemnitee and any other party represented by such counsel in the exercise such proceeding. The indemnity obligations under this ARTICLE 5 shall not apply to amounts paid in settlement of its sole discretion, except that the Indemnitor shall not, without the Indemnitee’s prior written consent, settle any such claim Claim if such settlement contains a stipulation to or admission or acknowledgment of any liability or wrongdoing on is effected without the part prior express written consent of the Indemnitee Indemnitor, which consent shall not be unreasonably withheld or imposes any obligation on the Indemnitee other than a monetary obligation, and only to the extent the Indemnitor assumes directly, and in full, such obligation and is able to fulfill such obligationdelayed. The failure to deliver written notice to the Indemnitor within a reasonable time after notice of any such claim or demand, or the commencement of any such action shall not affect or limit Indemnitor’s duty other proceeding, if prejudicial to its ability to defend such action but Claim, shall relieve such Indemnitor of any liability to the Indemnitee solely under this ARTICLE 5 with respect thereto, but the omission so to deliver notice to the extent the Indemnitor is materially prejudiced by the delay. At the Indemnitor’s request and expense, shall not relieve it of any liability that it may have to the Indemnitee otherwise than under this ARTICLE 5. The Indemnitor may not settle or otherwise consent to an adverse judgment in any such Claim that diminishes the rights or interests of the Indemnitee without the prior express written consent of the Indemnitee, which consent shall not be unreasonably withheld or delayed. The Indemnitee, its employees and agents, shall reasonably cooperate fully with the Indemnitor and its legal representatives in the investigation and defense of any action, claim or liability Claim covered by this indemnification and provide full information with respect thereto. Subject to the Indemnitee’s fulfillment of its obligations under this Section 9.3, the Indemnitor shall pay any damages, costs or other amounts awarded against the Indemnitee (or payable by the Indemnitee pursuant to a settlement agreement entered into by the Indemnitor) in connection with such claimArticle 5.

Appears in 1 contract

Samples: Settlement Agreement (Orasure Technologies Inc)

Procedure. A party If a Party (the “Indemnitee”) that intends to claim indemnification under this Section 9 Article 10, it shall promptly notify the other party Party (the “Indemnitor”) in writing of any loss, claim, damagedemand, liability action or action in respect of other proceeding for which the Indemnitee intends to claim such indemnification, and the Indemnitor shall have the right to participate in, and, to the extent the Indemnitor so desires, to assume sole Control of the defense thereof with counsel mutually satisfactory to the partiesParties; provided, including however, that an Indemnitee shall have the right to settle retain its own counsel, with the action on behalf fees and expenses to be paid by the Indemnitor, if representation of such Indemnitee by the counsel retained by the Indemnitor would be inappropriate due to actual or potential differing interests between the Indemnitee on and any terms the Indemnitor deems desirable other Party represented by such counsel in the exercise such proceeding. The obligations of its sole discretionthis Article 10 shall not apply to amounts paid in settlement of any claim, except that the Indemnitor shall notdemand, without the Indemnitee’s prior written consent, settle any such claim action or other proceeding if such settlement contains a stipulation to or admission or acknowledgment of any liability or wrongdoing on is effected without the part consent of the Indemnitee Indemnitor, which consent shall not be withheld or imposes any obligation on the Indemnitee other than a monetary obligation, and only to the extent the Indemnitor assumes directly, and in full, such obligation and is able to fulfill such obligationdelayed unreasonably. The failure to deliver written notice to the Indemnitor within a reasonable time after the commencement of any such action shall not affect or limit Indemnitor’s duty action, if prejudicial to its ability to defend such action but action, shall relieve the Indemnitor of liability any obligation to the Indemnitee solely to the extent the Indemnitor is materially prejudiced by the delayunder this Article 10. At the Indemnitor’s request The Indemnitee, its employees and expenseagents, the Indemnitee shall reasonably cooperate fully with the Indemnitor and its legal representatives in the investigation and defense of any actionclaim, claim demand, action or other proceeding covered by this Article 10. The Indemnitor shall not, without the Indemnitee’s consent, which consent shall not be withheld or delayed unreasonably, consent to the entry of any judgment or accept any settlement with respect to such claim, demand, action or proceeding which imposes liability not covered by this indemnification and provide full information with respect thereto. Subject to or restrictions on the Indemnitee’s fulfillment of its obligations under . { * } = Certain confidential information contained in this Section 9.3document, marked by brackets, is filed with the Indemnitor shall pay any damages, costs or other amounts awarded against the Indemnitee (or payable by the Indemnitee Securities and Exchange Commission pursuant to a settlement agreement entered into by Rule 24b-2 of the Indemnitor) in connection with such claim.Securities Exchange Act of 1934, as amended. EXHIBIT 10.29

Appears in 1 contract

Samples: License Agreement (Sunesis Pharmaceuticals Inc)

Procedure. A Any party seeking indemnification under Section 15 of this Agreement (the each, an “Indemnitee”) that intends to shall, as a prerequisite of any such claim indemnification under this Section 9 shall promptly of indemnification: (1) notify the other party indemnifying Party (the “Indemnitor”) in writing of any loss, claim, damageor any circumstances which could foreseeably give rise to a claim, liability in either case, to which this Section 15 may apply (a “Claim”), promptly upon becoming aware thereof; provided, however, Indemnitee’s failure to give Indemnitor such notice shall not relieve the Indemnitor of its indemnification obligation under this Agreement except to the extent that the Indemnitor is prejudiced by Indemnitee’s failure or action delay in respect giving such notice; and (2) provide Indemnitor with the opportunity to assume and control the defense and/or settlement of which any such Claim at its own expense with counsel selected by the Indemnitor and reasonably acceptable to the Indemnitee; provided, however, that an Indemnitee shall have the right to retain its own counsel, at its own cost and expense, if representation of such Indemnitee by the counsel retained by the Indemnitor would be inappropriate due to actual or potential differing interests between such Indemnitee and any other party represented by such counsel in such proceedings. If the Indemnitor does not assume the defense of such Claim as aforesaid, the Indemnitee intends may defend such Claim but shall have no obligation to claim such indemnificationdo so; provided, however, the Indemnitee shall not settle or compromise any Claim without the prior written consent of the Indemnitor, and the Indemnitor shall not settle or compromise any Claim in any manner which would have an adverse effect on the right to participate in, and, to the extent the Indemnitor so desires, to assume sole Control of the defense thereof with counsel mutually satisfactory to the parties, including the right to settle the action on behalf of the Indemnitee on any terms the Indemnitor deems desirable in the exercise of its sole discretion, except that the Indemnitor shall notIndemnitee's interests, without the Indemnitee’s prior written consent of the Indemnitee, which consent, settle any such claim if such settlement contains a stipulation to or admission or acknowledgment of any liability or wrongdoing on the part of the in each case, shall not be unreasonably withheld. The Indemnitee or imposes any obligation on the Indemnitee other than a monetary obligation, and only to the extent shall reasonably cooperate with the Indemnitor assumes directly, at the Indemnitor's expense and in full, such obligation and is able to fulfill such obligation. The failure to deliver written notice shall make available to the Indemnitor within a reasonable time after all pertinent information under the commencement control of any such action shall not affect or limit Indemnitor’s duty to defend such action but shall relieve Indemnitor of liability to the Indemnitee solely to the extent the Indemnitor is materially prejudiced by the delay. At the Indemnitor’s request and expense, the Indemnitee shall cooperate fully with the Indemnitor and its legal representatives in the investigation and defense of any action, claim or liability covered by this indemnification and provide full information with respect thereto. Subject to the Indemnitee’s fulfillment of its obligations under this , which information shall be subject to Section 9.3, the Indemnitor shall pay any damages, costs or other amounts awarded against the Indemnitee (or payable by the Indemnitee pursuant to a settlement agreement entered into by the Indemnitor) in connection with such claim7.

Appears in 1 contract

Samples: Distribution Agreement (Mojo Organics, Inc.)

Procedure. A party (the “Indemnitee”) Party that intends to claim indemnification under this Section 9 Article 10 (Indemnification) (the “Indemnitee”) shall promptly notify the other party Indemnitor (the “Indemnitor”) in writing of any loss, claim, damage, liability or action Claim in respect of which the Indemnitee intends to claim such indemnification, and the Indemnitor shall have the right to participate in, and, to the extent the Indemnitor so desires, to assume sole Control of the defense thereof with counsel mutually satisfactory to the parties, including the right to settle the action on behalf of the Indemnitee on any terms the Indemnitor deems desirable in the exercise of its sole discretion, except that the Indemnitor shall not, without the Indemnitee’s prior written consent, settle any such claim if such settlement contains a stipulation to or admission or acknowledgment of any liability or wrongdoing on the part of the Indemnitee or imposes any obligation on the Indemnitee other than a monetary obligation, and only to the extent the Indemnitor assumes directly, and in full, such obligation and is able to fulfill such obligation. The failure to deliver written notice to the Indemnitor within a reasonable time after the commencement of any such action with respect to a Claim shall not affect or limit Indemnitor’s duty to defend such action but shall only relieve the Indemnitor of liability to the Indemnitee solely its indemnification obligations under this Article 10 (Indemnification) if and to the extent the Indemnitor is actually and materially prejudiced by thereby. The Indemnitor has sole control of the delaydefense or settlement thereof. At the Indemnitor’s request and expense, the The Indemnitee shall cooperate fully with the Indemnitor and its legal representatives in the investigation and defense of any action, claim or liability action with respect to a Claim covered by this indemnification indemnification. The Indemnitee may participate at its expense in the Indemnitor’s defense of and provide full information settlement negotiations for any Claim with respect thereto. Subject to counsel of the Indemnitee’s fulfillment own selection. The Indemnitor shall not settle any Claim without the prior written consent of its obligations under this Section 9.3the Indemnitee, not to be unreasonably withheld, conditioned or delayed. So long as the Indemnitor is actively defending the Claim in good faith, the Indemnitee shall not settle or compromise any such Claim without the prior written consent of the Indemnitor. If the Indemnitor does not assume and conduct the defense of the Claim as provided above: (a) the Indemnitee may defend against, consent to the entry of any judgment, or enter into any settlement with respect to such Claim in any manner the Indemnitee may deem reasonably appropriate (and the Indemnitee need not consult with, or obtain any consent from, the Indemnitor in connection therewith); and (b) the Indemnitor shall pay any damages, costs or other amounts awarded against remain responsible to indemnify the Indemnitee as provided in this Article 10 (or payable by the Indemnitee pursuant to a settlement agreement entered into by the Indemnitor) in connection with such claimIndemnification).

Appears in 1 contract

Samples: Collaboration and License Agreement (Metagenomi Technologies, LLC)

Procedure. A party (the “Indemnitee”) Party that intends to claim indemnification under this Section 9 Article 12 (the “Indemnitee”) shall promptly notify the other party Indemnitor (the “Indemnitor”) in writing of any loss, claim, damage, liability or action Claim in respect of which the Indemnitee intends to claim such indemnification, and the Indemnitor shall have the right to participate in, and, to the extent the Indemnitor so desires, to assume sole Control of the defense thereof with counsel mutually satisfactory to the parties, including the right to settle the action on behalf of the Indemnitee on any terms the Indemnitor deems desirable in the exercise of its sole discretion, except that the Indemnitor shall not, without the Indemnitee’s prior written consent, settle any such claim if such settlement contains a stipulation to or admission or acknowledgment of any liability or wrongdoing on the part of the Indemnitee or imposes any obligation on the Indemnitee other than a monetary obligation, and only to the extent the Indemnitor assumes directly, and in full, such obligation and is able to fulfill such obligation. The failure to deliver written notice to the Indemnitor within a reasonable time after the commencement of any such action with respect to a Claim shall not affect or limit Indemnitor’s duty to defend such action but shall only relieve the Indemnitor of liability to the Indemnitee solely its indemnification obligations under this Article 12 if and to the extent the Indemnitor is actually and materially prejudiced by thereby. The Indemnitor has sole control of the delaydefense or settlement thereof. At the Indemnitor’s request and expense, the The Indemnitee shall cooperate fully with the Indemnitor and its legal representatives in the investigation and defense of any action, claim or liability action with respect to a Claim covered by this indemnification indemnification. The Indemnitee may participate at its expense in the Indemnitor’s defense of and provide full information settlement negotiations for any Claim with respect thereto. Subject to counsel of the Indemnitee’s fulfillment own selection. The Indemnitor shall not settle any Claim in a manner that admits liability of its Indemnitee or requires Indemnitee to perform any material obligations under this Section 9.3(other than payment of money which will be fully satisfied by Indemnitor) without the prior written consent of the Indemnitee, not to be unreasonably withheld, conditioned or delayed. So long as the Indemnitor is actively engaged in activities relating to defending or settling the Claim in good faith, the Indemnitee shall not settle or compromise any such Claim without the prior written consent of the Indemnitor. If the Indemnitor does assume activities in furtherance of the defense and settlement of a Claim as provided above within [***] after written notice from Indemnitee stating intent of Indemnity to undertake such activities if Indemnitor does not: (a) the Indemnitee may defend against, consent to the entry of any judgment, or enter into any settlement with respect to such Claim in any manner the Indemnitee may deem reasonably appropriate (and the Indemnitee need not consult with, or obtain any consent from, the Indemnitor in connection therewith); and (b) the Indemnitor shall pay any damages, costs or other amounts awarded against remain responsible to indemnify the Indemnitee (or payable by the Indemnitee pursuant to a settlement agreement entered into by the Indemnitor) as provided in connection with such claimthis Article 12.

Appears in 1 contract

Samples: License Agreement (Precision Biosciences Inc)

Procedure. A party Promptly after receipt by an Indemnified Person of notice of the commencement of any action (the “Indemnitee”) that including any governmental investigation or inquiry), such Indemnified Person will, if such Indemnified Person intends to make a claim indemnification under in respect thereof against the party agreeing to indemnify such Indemnified Person pursuant to paragraph (a) or (b) hereof (each such Person being hereinafter referred to as an "Indemnifying Person"), give written notice to such Indemnifying Person of the commencement thereof, but the omission so to notify the Indemnifying Person shall not relieve the Indemnifying Person from any of its obligations pursuant to the provisions of this Section 9 5 except to the extent that the Indemnifying Person is actually prejudiced by such failure to give notice. In case any such action is brought against any Indemnified Person and it notifies an Indemnifying Person of the commencement thereof, the Indemnifying Person shall promptly notify be entitled to participate in, and to the extent that it may wish, jointly with any other party (Indemnifying Person similarly notified, to assume the “Indemnitor”) defense thereof, with counsel reasonably satisfactory to such Indemnified Person, and after notice from the Indemnifying Person to such Indemnified Person, the Indemnifying Person shall not, except as hereinafter provided, be responsible for any legal or other expenses subsequently incurred by such Indemnified Person in connection with the defense thereof. No Indemnifying Person will consent to entry of any loss, claim, damage, judgment or enter into any settlement which does not include as an unconditional term thereof the giving by the claimant or plaintiff to such Indemnified Person of a release from all liability or action in respect of which the Indemnitee intends to such claim such indemnification, and the Indemnitor or litigation. Such Indemnified Person shall have the right to employ separate counsel in any such action and to participate inin the defense thereof, and, but the fees and expenses of such counsel shall be the expense of such Indemnified Person unless (i) the Indemnifying Person has agreed to pay such fees and expenses or (ii) the extent the Indemnitor so desires, Indemnifying Person shall have failed to assume sole Control the defense of such action or proceeding or has failed to employ counsel reasonably satisfactory to such Indemnified Person in any such action or proceeding or (iii) the named parties to any such action or proceeding (including any impleaded parties) include both such Indemnified Person and the Indemnifying Person and such Indemnified Person shall have been advised by counsel that representation of both parties by the same counsel would be inappropriate due to actual or potential material differing interests between them (in which case, if such Indemnified Person notifies the Indemnifying Person in writing that it elects to employ separate counsel at the expense of the defense thereof with counsel mutually satisfactory to Indemnifying Person, the parties, including Indemnifying Person shall not have the right to settle assume the defense of such action or proceeding on behalf of the Indemnitee on any terms the Indemnitor deems desirable in the exercise of its sole discretion, except that the Indemnitor shall not, without the Indemnitee’s prior written consent, settle any such claim if such settlement contains a stipulation to or admission or acknowledgment of any liability or wrongdoing on the part of the Indemnitee or imposes any obligation on the Indemnitee other than a monetary obligation, and only to the extent the Indemnitor assumes directly, and in full, such obligation and is able to fulfill such obligationIndemnified Person). The failure to deliver written notice to the Indemnitor within a reasonable time after the commencement Indemnifying Person shall not be liable for any settlement of any such action or proceeding effected without its written consent, which consent shall not affect unreasonably be withheld, delayed or limit Indemnitor’s duty to defend conditioned, but if settled with its written consent, or if there is a final judgment for the plaintiff in any such action but shall relieve Indemnitor of liability to the Indemnitee solely to the extent the Indemnitor is materially prejudiced by the delay. At the Indemnitor’s request and expenseor proceeding, the Indemnitee shall cooperate fully with the Indemnitor Indemnifying Person agrees to indemnify and its legal representatives in the investigation hold harmless such Indemnified Persons from and defense of against any action, claim loss or liability covered by this indemnification and provide full information with respect thereto. Subject to the Indemnitee’s fulfillment reason of its obligations under this Section 9.3, the Indemnitor shall pay any damages, costs such settlement or other amounts awarded against the Indemnitee (or payable by the Indemnitee pursuant to a settlement agreement entered into by the Indemnitor) in connection with such claimjudgment.

Appears in 1 contract

Samples: Registration Rights Agreement (Horizon Offshore Inc)

Procedure. A party (the “Indemnitee”) that intends to claim If Indemnified Parties seeks indemnification under this Section 9 Article 7, the Indemnified Parties promptly shall promptly notify the other party (the “Indemnitor”) Indemnifying Parties of any loss, claim, damagedemand, liability action or action in respect of other proceeding for which the Indemnitee Indemnified Parties intends to claim such indemnification, and the Indemnitor . The Indemnifying Parties shall have the right to participate in, and, to the extent the Indemnitor Indemnifying Parties so desires, jointly with any other Indemnifying Party similarly noticed, to assume sole Control of the defense thereof with counsel mutually satisfactory to selected by the partiesIndemnifying Parties; provided, including however, that the Indemnified Parties shall have the right to settle the action on behalf retain their own counsel; at their sole expense, if representation of the Indemnitee on Indemnified Parties by the counsel retained by the Indemnifying Parties would be inappropriate due to actual or potential differing interests between the Indemnified Parties and any terms the Indemnitor deems desirable other Person represented by such counsel in the exercise such proceedings. The indemnity agreement in this Article 7 shall not apply to amounts paid in settlement of its sole discretionany loss, except that the Indemnitor shall notliability, without the Indemnitee’s prior written consent, settle any such claim damage or expense if such settlement contains a stipulation to or admission or acknowledgment of any liability or wrongdoing on is effected without the part consent of the Indemnitee Indemnifying Parties, which consent shall not be unreasonably withheld or imposes any obligation on the Indemnitee other than a monetary obligation, and only to the extent the Indemnitor assumes directly, and in full, such obligation and is able to fulfill such obligationdelayed. The failure to deliver written notice to the Indemnitor Indemnifying Parties within a reasonable time after the notice of any such claim or demand or commencement of any such action shall not affect or limit Indemnitor’s duty other proceeding, if prejudicial to defend such action but its ability to defend, shall relieve Indemnitor the Indemnifying Parties of any liability to the Indemnitee solely Indemnified Parties under this Article 7 with respect thereto, but the omission so to deliver notice to the extent Indemnifying Parties will not relieve it of any liability that it may have to the Indemnitor is materially prejudiced by the delayIndemnified Parties otherwise than under this Article 7. At the Indemnitor’s request The Indemnified Parties, its employees and expenseagents, the Indemnitee shall reasonably cooperate fully with the Indemnitor Indemnifying Parties and its their legal representatives in the investigation and defense of any actionclaim, claim demand, action or liability other proceeding covered by this indemnification and provide full information with respect thereto. Subject to the Indemnitee’s fulfillment of its obligations under this Section 9.3, the Indemnitor shall pay any damages, costs or other amounts awarded against the Indemnitee (or payable by the Indemnitee pursuant to a settlement agreement entered into by the Indemnitor) in connection with such claimArticle 7.

Appears in 1 contract

Samples: Development Agreement (Health Discovery Corp)

Procedure. A party Any Person making a claim for indemnification under this Section 6.1 (the an “Indemnitee”) that intends to claim indemnification under this Section 9 shall promptly notify the other indemnifying party (the an “Indemnitor”) of the claim in writing promptly after receiving written notice of any lossaction, lawsuit, proceeding, investigation or other claim against it (if by a third party), describing the claim, damage, liability or action in respect of which the Indemnitee intends to claim such indemnification, amount thereof (if known and quantifiable) and the basis thereof; provided that the failure to so notify an Indemnitor shall have not relieve the right to participate in, and, Indemnitor of its obligations hereunder except to the extent the Indemnitor so desires, to assume sole Control of the defense thereof with counsel mutually satisfactory to the parties, including the right to settle the action on behalf of the Indemnitee on any terms the Indemnitor deems desirable in the exercise of its sole discretion, except that the Indemnitor shall not, without the Indemnitee’s prior written consent, settle any such claim if such settlement contains a stipulation to or admission or acknowledgment of any liability or wrongdoing on the part of the Indemnitee or imposes any obligation on the Indemnitee other than a monetary obligation, (and only to the extent that) the Indemnitor assumes directlyhas been materially prejudiced thereby. Any Indemnitor shall be entitled to participate in the defense of such action, lawsuit, proceeding, investigation or other claim giving rise to an Indemnitee’s claim for indemnification at such Indemnitor’s expense, and in full, such obligation and is able to fulfill such obligation. The failure to deliver written notice at its option (subject to the Indemnitor within limitations set forth below) shall be entitled to assume the defense thereof by appointing a reasonable time after the commencement of any such action shall not affect or limit Indemnitor’s duty to defend such action but shall relieve Indemnitor of liability nationally recognized and reputable counsel in good standing reasonably acceptable to the Indemnitee solely to be the extent the Indemnitor is materially prejudiced by the delay. At the Indemnitor’s request and expense, the Indemnitee shall cooperate fully with the Indemnitor and its legal representatives in the investigation and defense of any action, claim or liability covered by this indemnification and provide full information with respect thereto. Subject to the Indemnitee’s fulfillment of its obligations under this Section 9.3, the Indemnitor shall pay any damages, costs or other amounts awarded against the Indemnitee (or payable by the Indemnitee pursuant to a settlement agreement entered into by the Indemnitor) lead counsel in connection with such claim.defense; provided that, prior to the Indemnitor assuming control of such defense it shall first verify to the Indemnitee in writing that such Indemnitor shall (subject to any dollar limitations set forth herein) be responsible for all liabilities and obligations relating to such claim for indemnification and that (subject to any dollar limitations set forth herein) it shall provide indemnification to the Indemnitee with respect to such action, lawsuit, proceeding, investigation or other claim giving rise to such claim for indemnification hereunder; and provided further, that:

Appears in 1 contract

Samples: Asset Purchase Agreement (Aditxt, Inc.)

Procedure. A party (the “Indemnitee”) that intends to claim indemnification under this Section 9 13 (the “Indemnitee”) shall promptly notify the other party (the “Indemnitor”) of any loss, claim, damage, liability or action in respect of which the Indemnitee intends to claim such indemnification, and the Indemnitor shall have the right to participate in, and, to the extent the Indemnitor so desires, to assume sole Control control of the defense thereof with counsel mutually satisfactory to the parties, including including, the right to settle the action on behalf of the Indemnitee on any terms the Indemnitor deems desirable in the exercise of its sole discretion, except that the Indemnitor shall not, without the Indemnitee’s prior written consent, settle any such claim if such settlement contains a stipulation to or admission or acknowledgment of any liability or wrongdoing on the part of the Indemnitee or imposes any obligation on the Indemnitee other than a monetary obligation, and only to the extent the Indemnitor assumes directly, and in full, such obligation and is able to fulfill full such obligation. The failure to deliver written notice to the Indemnitor within a reasonable time after the commencement of any such action shall not affect or limit impair Indemnitor’s duty to defend such action but shall relieve Indemnitor of any liability to the Indemnitee solely to the extent the Indemnitor is prejudiced materially prejudiced by the delay. At the Indemnitor’s request and expensecost, the Indemnitee shall cooperate fully reasonably with the Indemnitor and its legal representatives in the investigation and defense of any action, claim or liability covered by this indemnification and provide full information with respect thereto. Subject to the Indemnitee’s fulfillment of its obligations under this Section 9.313.3, the Indemnitor shall pay any damages, costs or other amounts awarded against the Indemnitee (Indemnitee, or payable by the Indemnitee pursuant to a settlement agreement entered into by the Indemnitor) , in connection with such claim.

Appears in 1 contract

Samples: Wheat Collaboration and License Agreement (Evogene Ltd.)

Procedure. A Any party seeking indemnification under this Section 12 (the “Indemnitee”) that intends to claim indemnification under this Section 9 shall promptly notify the other party from which indemnification is sought (the “Indemnitor”) in writing with respect to any claims within the indemnification provisions hereof. In the case of any loss, claim, damage, liability or action in respect of which an indemnification claim arising from a proceeding brought against the Indemnitee intends to claim such indemnificationby a third party, and the Indemnitee shall notify the Indemnitor shall have the right to participate in, and, to the extent the Indemnitor so desires, to assume sole Control of the defense thereof with counsel mutually satisfactory to the parties, including the right to settle the action on behalf of the Indemnitee on any terms the Indemnitor deems desirable in the exercise of its sole discretion, except that the Indemnitor shall not, without the Indemnitee’s prior written consent, settle any such third-party claim if such settlement contains a stipulation to or admission or acknowledgment of any liability or wrongdoing on the part of the Indemnitee or imposes any obligation on the Indemnitee other than a monetary obligation, and only to the extent the Indemnitor assumes directly, and in full, such obligation and is able to fulfill such obligation. The failure to deliver written notice to the Indemnitor within a reasonable time thirty days after the commencement of any such action proceeding; provided, however, that failure of the Indemnitee to give the Indemnitor notice as provided in this sentence shall not affect or limit Indemnitor’s duty to defend such action but shall relieve the Indemnitor of liability to the Indemnitee solely any of its obligations under this Section 12, except to the extent that the Indemnitor is materially prejudiced by such failure. If the delay. At the Indemnitor’s request and expense, the Indemnitee shall cooperate fully with the Indemnitor and its legal representatives in the investigation and defense of facts giving rise to such indemnification involve any action, actual or threatened claim or liability covered demand by this indemnification and provide full information with respect thereto. Subject to the Indemnitee’s fulfillment of its obligations under this Section 9.3or against a third party, the Indemnitor shall pay any damagesbe entitled to control the defense or prosecution of such claim or demand in the name of the Indemnitee, costs or other amounts awarded against if the Indemnitor notifies the Indemnitee (or payable in writing of its intention to do so and acknowledges its potential liability to the Indemnitee hereunder within twenty days after its receipt of notice from the Indemnitee. The Indemnitee shall have the right, however, at its own expense, to participate in such proceeding through counsel of its own choosing. The Indemnitee shall, to the extent requested by the Indemnitee pursuant to a settlement agreement entered into by Indemnitor and at the Indemnitor) ’s expense, cooperate in the prosecution or defense of any claim and shall furnish any records, information, and testimony and attend any conferences, discovery proceedings, hearings, trials and appeals that the indemnifying party reasonably requests in connection with such claimtherewith.

Appears in 1 contract

Samples: Ip Transport Agreement (Adelphia Communications Corp)

Procedure. A (a) In the event that any party (the “Indemnitee”) that intends to claim indemnification under this Section 9 hereto shall promptly notify the other party (the “Indemnitor”) of sustain or incur any loss, claim, damage, liability or action Losses in respect of which indemnification may be sought by such party pursuant to this Section 12, the party seeking such indemnification (the "Indemnitee") shall assert a claim for indemnification by giving written notice thereof to the party (or parties) providing indemnification (the "Indemnitor") within thirty (30) days after (i) receipt of written notice of commencement of any third party litigation against such Indemnitee or (ii) receipt by such Indemnitee of written notice of any third party claim pursuant to an invoice, notice of claim or assessment against such Indemnitee; or (iii) such Indemnitee becomes aware of the existence of any other event in respect of which indemnification may be sought from the Indemnitor, including, without limitation, any inaccuracy of any representation or warranty or breach of any covenant (collectively "Notice Period"). The Notice shall describe the claim and the specific facts and circumstances in reasonable detail, and shall indicate the amount, if known, or an estimate, if possible, of the Losses that have been or may be incurred or suffered by such Indemnitee. The failure to timely deliver a Notice shall not relieve the Indemnitor from the obligation to indemnify hereunder except to the extent that the Indemnitor is prejudiced thereby; provided, however, that the failure to deliver the Notice within sixty (60) days after the expiration of the Notice Period the Indemnitor shall be relieved from the obligation to Indemnify hereunder. In case any third party claim, action or proceeding ("Claim") is brought against any Indemnitee, the Indemnitor shall be entitled to assume the defense thereof, by written notice to the Indemnitee intends of its intention to claim do so within 30 days after receipt of the Notice. If the Indemnitor shall assume the defense of such indemnificationClaim, without the consent of the Indemnitee, which shall not be unreasonably withheld, the Indemnitor shall not settle such Claim unless such settlement includes as an unconditional term thereof the giving by the claimant or the plaintiff of a release of the Indemnitee from all liability with respect to such Claim. Notwithstanding the assumption by the Indemnitor of the defense of any Claim as provided in this subsection, the Indemnitee shall be permitted to join in the defense of such Claim and to employ counsel at its own expense; PROVIDED, HOWEVER, that if the defendants in any action shall include both an Indemnitor and any Indemnitee, and such Indemnitee shall have reasonably concluded that counsel selected by the Indemnitor has a conflict of interest because of the availability of different or additional defenses to such Indemnitee, such Indemnitee shall have the right to select separate counsel to participate in, and, to the extent the Indemnitor so desires, to assume sole Control of in the defense thereof with counsel mutually satisfactory to the parties, including the right to settle the of such action on behalf of the Indemnitee on any terms the Indemnitor deems desirable in the exercise of its sole discretion, except that the Indemnitor shall not, without the Indemnitee’s prior written consent, settle any such claim if such settlement contains a stipulation to or admission or acknowledgment of any liability or wrongdoing on the part of the Indemnitee or imposes any obligation on the Indemnitee other than a monetary obligationbehalf, and only to the extent the Indemnitee's expense of litigation shall be borne by Indemnitor assumes directly, and if Indemnitor does not prevail in full, such obligation and is able to fulfill such obligation. The failure to deliver written notice to the Indemnitor within a reasonable time after the commencement of any such action shall not affect or limit Indemnitor’s duty if Indemnitee is found to defend have liability in such action but shall relieve Indemnitor of liability to the Indemnitee solely to the extent the Indemnitor is materially prejudiced by the delay. At the Indemnitor’s request and expense, the Indemnitee shall cooperate fully with the Indemnitor and its legal representatives in the investigation and defense of any action, claim or liability covered by this indemnification and provide full information with respect thereto. Subject to the Indemnitee’s fulfillment of its obligations under this Section 9.3, the Indemnitor shall pay any damages, costs or other amounts awarded against the Indemnitee (or payable by the Indemnitee pursuant to a settlement agreement entered into by the Indemnitor) in connection with such claim.

Appears in 1 contract

Samples: Agreement and Plan of Merger and Reorganization (TRC Companies Inc /De/)

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