Common use of Procedures Clause in Contracts

Procedures. (a) The party seeking indemnification under Section 6.02 or Section 6.03 (the “Indemnified Party”) agrees to give prompt notice to the party against whom indemnity is sought (the “Indemnifying Party”) of the assertion of any claim, or the commencement of any suit, action or proceeding (each, a “Claim”) in respect of which indemnity may be sought hereunder and shall provide the Indemnifying Party such information with respect thereto that the Indemnifying Party may reasonably request. The failure to so notify the Indemnifying Party shall not relieve the Indemnifying Party of its obligations hereunder, except to the extent such failure shall have prejudiced the Indemnifying Party.

Appears in 9 contracts

Samples: Separation and Distribution Agreement (McKesson Corp), Separation and Distribution Agreement (Change Healthcare Inc.), Separation and Distribution Agreement (Change Healthcare Inc.)

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Procedures. (a) The party seeking indemnification under Section 6.02 or Section 6.03 (the “Indemnified Party”) agrees to give prompt notice to the party against whom indemnity is sought (the “Indemnifying Party”) of the assertion of any claim, or the commencement of any suit, action or proceeding (each, a “Claim”) in respect of which indemnity may be sought hereunder and shall will provide the Indemnifying Party such information with respect thereto that the Indemnifying Party may reasonably request. The failure to so notify the Indemnifying Party shall not relieve the Indemnifying Party of its obligations hereunder, except to the extent such failure shall have prejudiced the Indemnifying Party.

Appears in 8 contracts

Samples: Separation and Distribution Agreement, Separation and Distribution Agreement (Masco Corp /De/), Separation and Distribution Agreement (TopBuild Corp)

Procedures. (a) The party seeking indemnification under Section 6.02 5.02 or Section 6.03 5.03 (the “Indemnified Party”) agrees to give prompt notice to the party against whom indemnity is sought (the “Indemnifying Party”) of the assertion of any claim, or the commencement of any suit, action or proceeding (each, a “Claim”) in respect of which indemnity may be sought hereunder and shall will provide the Indemnifying Party such information with respect thereto that the Indemnifying Party may reasonably request. The failure to so notify the Indemnifying Party shall not relieve the Indemnifying Party of its obligations hereunder, except to the extent such failure shall have prejudiced the Indemnifying Party.

Appears in 7 contracts

Samples: Separation and Distribution Agreement (Alliance Data Systems Corp), Separation and Distribution Agreement (Loyalty Ventures Inc.), Separation and Distribution Agreement (Chinos Holdings, Inc.)

Procedures. (a) The party seeking indemnification under Section 6.02 7.01 or Section 6.03 7.02 (the “Indemnified Party”) agrees to give prompt notice to the party against whom indemnity is sought (the “Indemnifying Party”) of the assertion of any claim, or the commencement of any suit, action or proceeding (each, a “Claim”) in respect of which indemnity may be sought hereunder and shall will provide the Indemnifying Party such information with respect thereto that the Indemnifying Party may reasonably request. The failure to so notify the Indemnifying Party shall not relieve the Indemnifying Party of its obligations hereunder, except to the extent such failure shall have materially prejudiced the Indemnifying Party.

Appears in 6 contracts

Samples: Separation and Distribution Agreement, Master Separation Agreement (Shanda Games LTD), Separation and Distribution Agreement (Discover Financial Services)

Procedures. (a) The party Party seeking indemnification under Section 6.02 6.2 or Section 6.03 6.3 (the “Indemnified Party”) agrees to give prompt notice to the party Party against whom indemnity is sought (the “Indemnifying Party”) of the assertion of any claim, or the commencement of any suit, action or proceeding (each, a “Claim”) in respect of which indemnity may be sought hereunder and shall will provide the Indemnifying Party such information with respect thereto that the Indemnifying Party may reasonably request. The failure to so notify the Indemnifying Party shall not relieve the Indemnifying Party of its obligations hereunder, except to the extent such failure shall have prejudiced the Indemnifying Party.

Appears in 4 contracts

Samples: Separation and Distribution Agreement (American Boarding Co), Separation and Distribution Agreement (FRP Holdings, Inc.), Separation and Distribution Agreement (New Patriot Transportation Holding, Inc.)

Procedures. (a) The party seeking indemnification under Section 6.02 or Section 6.03 10.02 (the “Indemnified Party”) agrees to give prompt notice to the party against whom indemnity is sought (the “Indemnifying Party”) of the assertion of any claim, or the commencement of any suit, action or proceeding (each, a “Claim”) in respect of which indemnity may be sought hereunder under such Section and shall will provide the Indemnifying Party such information with respect thereto that the Indemnifying Party may reasonably request. The failure to so notify the Indemnifying Party shall not relieve the Indemnifying Party of its obligations hereunder, except to the extent such failure shall have prejudiced adversely affected the Indemnifying Party.

Appears in 4 contracts

Samples: Share Exchange Agreement (Viking Minerals Inc.), Share Exchange Agreement (Monarchy Resources, Inc.), Share Exchange Agreement (Monarchy Resources, Inc.)

Procedures. (a) The party Party seeking indemnification under Section 6.02 or Section 6.03 7.2 (the “Indemnified Party”) agrees to give prompt notice to the party Party against whom indemnity is sought (the “Indemnifying Party”) of the assertion of any claim, or the commencement of any suit, action or proceeding (each, a “Claim”) in respect of which indemnity may be sought hereunder under such Section and shall will promptly provide the Indemnifying Party such information and access to personnel with respect thereto that the Indemnifying Party may reasonably request. The failure to so notify the Indemnifying Party shall not relieve the Indemnifying Party of its obligations hereunder, except to the extent such failure shall have prejudiced the Indemnifying Party.

Appears in 4 contracts

Samples: Form of Agreement and Plan of Merger, Agreement and Plan of Merger (Solid Biosciences Inc.), Agreement and Plan of Merger (Solid Biosciences, LLC)

Procedures. (a) The party seeking indemnification under Section 6.02 or Section 6.03 7.02 (the “Indemnified Party”) agrees to give prompt notice to the party against whom indemnity is sought (the “Indemnifying Party”) of the assertion of any claim, or the commencement of any suit, action or proceeding (each, a “Claim”) in respect of which indemnity may be sought hereunder under such Section and shall will provide the Indemnifying Party such information with respect thereto that the Indemnifying Party may reasonably request. The failure to so notify the Indemnifying Party shall not relieve the Indemnifying Party of its obligations hereunder, except to the extent such failure shall have adversely prejudiced the Indemnifying Party.

Appears in 4 contracts

Samples: Agreement and Plan of Merger, Agreement and Plan of Merger (Servicesource International LLC), Agreement and Plan of Merger (Express Parent LLC)

Procedures. (a) The party seeking indemnification under Section 6.02 or Section 6.03 11.02 (the “Indemnified Party”) agrees to give prompt notice to the party against whom indemnity is sought (the “Indemnifying Party”) of the assertion of any claim, or the commencement of any suit, action or proceeding (each, a “Claim”) in respect of which indemnity may be sought hereunder under such Section and shall will provide the Indemnifying Party such information with respect thereto that the Indemnifying Party may reasonably request. The failure to so notify the Indemnifying Party shall not relieve the Indemnifying Party of its obligations hereunder, except to the extent such failure shall have adversely prejudiced the Indemnifying Party.

Appears in 3 contracts

Samples: Asset Purchase Agreement (Affinity Gaming, LLC), Assignment and Assumption Agreement (Affinity Gaming, LLC), Asset Purchase Agreement (Affinity Gaming, LLC)

Procedures. (a) The party seeking indemnification under Section 6.02 or Section 6.03 12.02 (the “Indemnified Party”) agrees to give prompt notice to the party against whom indemnity is sought (the “Indemnifying Party”) of the assertion of any claim, or the commencement of any suit, action or proceeding (each, a “Claim”) in respect of which indemnity may be sought hereunder under such Section and shall will provide the Indemnifying Party such information with respect thereto that the Indemnifying Party may reasonably request. The failure to so notify the Indemnifying Party shall not relieve the Indemnifying Party of its obligations hereunder, except to the extent such failure shall have adversely prejudiced the Indemnifying Party.

Appears in 3 contracts

Samples: Unit Purchase Agreement (Express Parent LLC), Unit Purchase Agreement (Express Parent LLC), Unit Purchase Agreement (Limited Brands Inc)

Procedures. (a) The party seeking indemnification under Section 6.02 Sections 9.08 or Section 6.03 11.02 (the "Indemnified Party") agrees to give prompt notice to the party against whom indemnity is sought (the "Indemnifying Party") of the assertion of any claim, or the commencement of any suit, action or proceeding (each, a “"Claim") in respect of which indemnity may be sought hereunder under such Section and shall will provide the Indemnifying Party such information with respect thereto that the Indemnifying Party may reasonably request. The failure to so notify the Indemnifying Party shall not relieve the Indemnifying Party of its obligations hereunder, except to the extent such failure shall have adversely prejudiced the Indemnifying Party.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Limited Inc), Stock Purchase Agreement (Charming Shoppes Inc)

Procedures. (a) The party Party seeking indemnification under Section 6.02 or Section 6.03 ARTICLE VIII (the “Indemnified Party”) agrees to give prompt notice of its Claim to the party against whom indemnity is sought (the “Indemnifying Party”) ), stating in reasonable detail the nature of the assertion inaccuracy or breach or other claim (including identification of any claimthe provisions of this Agreement alleged to have been breached or inaccurate or under which a claim is being made), or the commencement of any suit, action or proceeding (each, a “Claim”) in respect of which indemnity may be sought hereunder and shall provide the Indemnifying Party such information with respect thereto that the Indemnifying Party may reasonably request. The failure to so notify the Indemnifying Party shall not relieve the Indemnifying Party of its obligations hereunder, except to the extent such failure shall have adversely prejudiced the Indemnifying PartyParty or to the extent the survival periods stated herein have lapsed.

Appears in 2 contracts

Samples: Membership Interest Purchase Agreement (Muscle Maker, Inc.), Membership Interest Exchange Agreement (Muscle Maker, Inc.)

Procedures. (a) The party seeking indemnification under Section 6.02 or Section 6.03 11.02 (the “Indemnified Party”) agrees to shall give prompt notice (the “Indemnity Notice”) to the party against whom indemnity is sought (the “Indemnifying Party”) of the assertion of any claim, or the commencement of any suit, action or proceeding (each, a “Claim”) in respect of which indemnity may be sought hereunder under such Section and shall will provide the Indemnifying Party such information with respect thereto that the Indemnifying Party may reasonably request. The failure to so notify the Indemnifying Party shall not relieve the Indemnifying Party of its obligations hereunder, except to the extent such failure shall have adversely prejudiced the Indemnifying Party.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Decrane Holdings Co), Stock Purchase Agreement (Decrane Aircraft Holdings Inc)

Procedures. (a) The party seeking indemnification under Section 6.02 or Section 6.03 9.2 (the "Indemnified Party") agrees to give prompt notice to the party against whom indemnity is sought (the "Indemnifying Party") of the assertion of any claim, or the commencement of any suit, action or proceeding (each, a “"Claim") in respect of which indemnity may be sought hereunder and shall will provide the Indemnifying Party such information with respect thereto that the Indemnifying Party may reasonably request. The failure to so notify the Indemnifying Party shall not relieve the Indemnifying Party of its obligations hereunder, except to the extent such failure shall have adversely prejudiced the Indemnifying Party.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Eschelon Telecom of California, Inc.), Stock Purchase Agreement (Eschelon Telecom of California, Inc.)

Procedures. (a) The party seeking indemnification under Section 6.02 or Section 6.03 5.2 (the "Indemnified Party") agrees to shall give prompt written notice to the party against whom indemnity is sought (the "Indemnifying Party") of the assertion of any claim, or the commencement of any suitassertion, action event or proceeding (each, a “Claim”) in respect of which indemnity such Indemnified Party has knowledge concerning any Loss as to which such Indemnified Party may be sought hereunder and shall provide the Indemnifying Party request indemnification under such information with respect thereto Section; provided that the Indemnifying Party may reasonably request. The failure to so notify the Indemnifying Party give such notice shall not relieve the Indemnifying Party of its obligations hereunderfrom any liability under Section 5.2, except to the extent such failure shall have prejudiced that the Indemnifying PartyParty has been prejudiced by such failure.

Appears in 2 contracts

Samples: Reorganization Agreement (Ingram Micro Inc), Reorganization Agreement (Ingram Micro Inc)

Procedures. (a) The party seeking indemnification under Section 6.02 or Section 6.03 8.02 (the “Indemnified Party”) agrees to give prompt notice to the party against whom indemnity is sought (the “Indemnifying Party”) of the assertion of any claim, or the commencement of any suit, action or proceeding (each, a “Claim”) in respect of which indemnity may be sought hereunder under such Section and shall will provide the Indemnifying Party such information with respect thereto that the Indemnifying Party may reasonably request. The failure to so notify the Indemnifying Party shall not relieve the Indemnifying Party of its obligations hereunder, except to the extent that such Indemnifying Party is actually and materially prejudiced by such failure shall have prejudiced the Indemnifying Partyto provide timely notice.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Shutterstock, Inc.), Agreement and Plan of Merger (Shutterstock, Inc.)

Procedures. (a) The party Party seeking indemnification under Section 6.02 or Section 6.03 7.2 (the “Indemnified Party”) agrees to give prompt notice to the party Party against whom indemnity is sought (the “Indemnifying Party”) of the assertion of any claim, or the commencement of any suit, action or proceeding (each, a “Claim”) in respect of which indemnity may be sought hereunder under such Section and shall will promptly provide the Indemnifying Party such information and access to personnel with respect thereto that the Indemnifying Party may reasonably request. The failure to so notify the Indemnifying Party shall not relieve the Indemnifying Party of its obligations hereunder, except to the extent such failure shall have adversely prejudiced the Indemnifying Party.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Bellerophon Therapeutics, Inc.), Agreement and Plan of Merger (Bellerophon Therapeutics LLC)

Procedures. (a) The party Party seeking indemnification under Section 6.02 5.02 or Section 6.03 5.03 (the “Indemnified Party”) agrees to give prompt notice to the party Party against whom indemnity is sought (the “Indemnifying Party”) of the assertion of any claim, or the commencement of any suit, action or proceeding (each, a “Claim”) in respect of which indemnity may be sought hereunder and shall will provide the Indemnifying Party such information with respect thereto that the Indemnifying Party may reasonably request. The failure to so notify the Indemnifying Party shall not relieve the Indemnifying Party of its obligations hereunder, except to the extent such failure shall have adversely prejudiced the Indemnifying Party.. 44

Appears in 2 contracts

Samples: Separation and Distribution Agreement (Victoria's Secret & Co.), Separation and Distribution Agreement (Bath & Body Works, Inc.)

Procedures. (a) The a)The party seeking indemnification under Section 6.02 or Section 6.03 6.01 (the “Indemnified Party”) agrees to shall give prompt notice in writing to the party Party against whom indemnity is to be sought (the “Indemnifying Party”) of the assertion of any claim, claim or the commencement of any suit, action or proceeding by any third party (each, a Third Party Claim”) in respect of which indemnity may be sought hereunder under such Section. Such notice shall set forth in reasonable detail such Third Party Claim and shall provide the Indemnifying Party such basis for indemnification (taking into account the information with respect thereto that then available to the Indemnifying Party may reasonably requestIndemnified Party). The failure to so notify the Indemnifying Party shall not relieve the Indemnifying Party of its obligations hereunder, except to the extent such failure shall have materially and adversely prejudiced the Indemnifying Party.

Appears in 2 contracts

Samples: Services Agreement (Pernix Therapeutics Holdings, Inc.), Services Agreement

Procedures. (a) The party seeking indemnification under Section 6.02 or Section 6.03 10.02 (the “Indemnified Party”) agrees to give prompt notice to the party against whom indemnity is sought (the “Indemnifying Party”) of the assertion of any claim, or the commencement of any suit, action or proceeding (each, a “Claim”) in respect of which indemnity may be sought hereunder under such Section and shall will provide the Indemnifying Party such information with respect thereto that the Indemnifying Party may reasonably request. The Indemnified Party’s failure to so notify the Indemnifying Party shall not relieve the Indemnifying Party of its obligations hereunder, except to the extent such failure shall have adversely prejudiced the Indemnifying Party.

Appears in 2 contracts

Samples: Asset Purchase and Contribution Agreement (Supernus Pharmaceuticals Inc), Asset Purchase and Contribution Agreement (Supernus Pharmaceuticals Inc)

Procedures. (a) The i)The party seeking indemnification under Section 6.02 or Section 6.03 10.02 (the “Indemnified Party”) agrees to give prompt notice to the party against whom indemnity is sought (the “Indemnifying Party”) of the assertion of any claim, or the commencement of any suit, action or proceeding (each, a “Claim”) in respect of which indemnity may be sought hereunder under such Section and shall will provide the Indemnifying Party such information with respect thereto that the Indemnifying Party may reasonably request. The Indemnified Party’s failure to so notify the Indemnifying Party shall not relieve the Indemnifying Party of its obligations hereunder, except to the extent such failure shall have adversely prejudiced the Indemnifying Party.

Appears in 1 contract

Samples: Asset Purchase and Contribution Agreement (Supernus Pharmaceuticals, Inc.)

Procedures. (a) The party seeking indemnification under Section 6.02 or Section 6.03 11.02 (the “Indemnified Party”) agrees to give prompt written notice to the party against whom indemnity is sought (the “Indemnifying Party”) of the assertion of any claim, or the commencement of any suit, action or proceeding (each, a “Claim”) in respect of which indemnity may be sought hereunder under such Section and shall will provide the Indemnifying Party such information with respect thereto that the Indemnifying Party may reasonably request. The failure to so notify the Indemnifying Party shall not relieve the Indemnifying Party of its obligations hereunder, except to the extent such failure shall have materially adversely prejudiced the Indemnifying Party.

Appears in 1 contract

Samples: Stock Purchase Agreement (Marsh & McLennan Companies, Inc.)

Procedures. (a) The party seeking indemnification under Section 6.02 or Section 6.03 10.02 (the “Indemnified Party”) agrees to give prompt notice to the party against whom indemnity is sought (the “Indemnifying Party”) of the assertion of any claim, or the commencement of any suit, action or proceeding Action (each, a “Claim”) in respect of which indemnity may be sought hereunder and shall will provide the Indemnifying Party such information with respect thereto that the Indemnifying Party may reasonably request. The failure to so notify the Indemnifying Party shall not relieve the Indemnifying Party of its obligations hereunder, except to the extent such failure shall have adversely prejudiced the Indemnifying Party.

Appears in 1 contract

Samples: Asset Purchase Agreement (Van Der Moolen Holding Nv)

Procedures. (a) The party seeking indemnification under Section 6.02 or Section 6.03 11.02 (the “Indemnified Party”) agrees to give prompt notice to the party against whom indemnity is sought (the “Indemnifying Party”) of the assertion of any claimclaim (whether by a third party or any party hereto), or the commencement of any suit, action or proceeding (each, a “Claim”) in respect of which indemnity may be sought hereunder under such Section, specifying in reasonable detail the basis and shall factual background for the Claim and the amount of Damages sought, and will provide the Indemnifying Party such information with respect thereto that the Indemnifying Party may reasonably request. The failure to so notify the Indemnifying Party shall not give such notice will not, however, relieve the Indemnifying Party of its obligations hereunder, any liability hereunder except and only to the extent such failure shall have that it is actually prejudiced the Indemnifying Partythereby.

Appears in 1 contract

Samples: Stock Purchase Agreement (Harry & David Holdings, Inc.)

Procedures. (a) The party seeking indemnification under Section 6.02 or Section 6.03 (the “Each Indemnified Party”) agrees to Person shall give prompt notice to the party against whom indemnity is sought (the "Indemnifying Party") of the assertion of any claim, or the commencement of any suit, action or proceeding Action (each, a “"Claim") in respect of which indemnity may be sought hereunder under Section 11.02 and shall to provide the Indemnifying Party such information with respect thereto that the Indemnifying Party may reasonably request. The failure to so notify the Indemnifying Party shall not relieve the Indemnifying Party of its obligations hereunderunder Section 11.02, except to the extent such failure shall have actually prejudiced the Indemnifying Party.

Appears in 1 contract

Samples: Investment Agreement (United National Group LTD)

Procedures. (a) The party seeking indemnification under Section 6.02 ‎Section 5.02 or Section 6.03 ‎Section 5.03 (the “Indemnified Party”) agrees to give prompt notice to the party against whom indemnity is sought (the “Indemnifying Party”) of the assertion of any claim, or the commencement of any suit, action or proceeding (each, a “Claim”) in respect of which indemnity may be sought hereunder and shall will provide the Indemnifying Party such information with respect thereto that the Indemnifying Party may reasonably request. The failure to so notify the Indemnifying Party shall not relieve the Indemnifying Party of its obligations hereunder, except to the extent such failure shall have prejudiced the Indemnifying Party.

Appears in 1 contract

Samples: Separation and Distribution Agreement (Loyalty Ventures Inc.)

Procedures. (a) The party seeking indemnification under Section 6.02 or Section 6.03 11.02 (the “Indemnified Party”) agrees to give prompt notice to the party against whom indemnity is sought (the “Indemnifying Party”) of the assertion of any claim, or the commencement of any suit, action or proceeding (each, a “Claim”) in respect of which indemnity may be sought hereunder under such Section and shall will provide the Indemnifying Party such information with respect thereto that the Indemnifying Party may reasonably request. The failure to so notify the Indemnifying Party shall not relieve the Indemnifying Party of its obligations hereunder, except to the extent such failure shall have prejudiced adversely affected the Indemnifying Party.

Appears in 1 contract

Samples: Stock Purchase Agreement (Skywest Inc)

Procedures. (a) The party seeking indemnification under Section 6.02 8.08 or Section 6.03 11.02 (the "Indemnified Party") agrees to give prompt notice to the party against whom indemnity is sought (the "Indemnifying Party") of the assertion of any claim, or the commencement of any suit, action or proceeding (each, a “"Claim") in respect of which indemnity may be sought hereunder under such Section and shall will provide the Indemnifying Party such information with respect thereto that the Indemnifying Party may reasonably request. The failure to so notify the Indemnifying Party shall not relieve the Indemnifying Party of its obligations hereunder, except to the extent such failure shall have materially prejudiced the Indemnifying Party.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Comcast Corp)

Procedures. (a) The party seeking indemnification under Section 6.02 or Section 6.03 14.2 (the “Indemnified Party”) agrees to shall give prompt notice to the party against whom indemnity is sought (the “Indemnifying Party”) of the assertion of any claim, or the commencement of any suit, action or proceeding (each, a “Claim”) in respect of which indemnity may be sought hereunder under such section and shall will provide the Indemnifying Party such information with respect thereto that as the Indemnifying Party may reasonably request. The failure to so notify the Indemnifying Party shall not relieve the Indemnifying Party of its obligations hereunder, except to the extent such failure shall have adversely prejudiced the Indemnifying Party.

Appears in 1 contract

Samples: Stock Purchase Agreement (Charming Shoppes Inc)

Procedures. (a) The party seeking indemnification under Section 6.02 or Section 6.03 12.02 (the “Indemnified Party”) agrees to give prompt written notice to the party (or parties) against whom indemnity is sought (the “Indemnifying Party”) of the assertion of any claim, or the commencement of any suit, action or proceeding (each, a “Claim”) in respect of which indemnity may be sought hereunder under such Section and shall will provide the Indemnifying Party such information with respect thereto that the Indemnifying Party may reasonably request. The failure to so notify the Indemnifying Party shall not relieve the Indemnifying Party of its obligations hereunder, except to the extent such failure shall have adversely prejudiced the Indemnifying Party.

Appears in 1 contract

Samples: Stock Purchase Agreement (Meadwestvaco Corp)

Procedures. (a) The party seeking indemnification under Section 6.02 or Section 6.03 10.02 (the "Indemnified Party") agrees to give prompt notice to the party against whom indemnity is sought (the "Indemnifying Party") of the assertion of any claim, or the commencement of any suit, action or proceeding (each, a “Claim”) in respect of which indemnity may be sought hereunder under such Section and shall will provide the Indemnifying Party such information with respect thereto that the Indemnifying Party may reasonably request. The failure to so notify the Indemnifying Party shall not relieve the Indemnifying Party of its obligations hereunder, except to the extent such failure shall have adversely prejudiced the Indemnifying Party.

Appears in 1 contract

Samples: Asset Purchase Agreement (Perry Ellis International Inc)

Procedures. (a) The party seeking indemnification under Section 6.02 or Section 6.03 7.2 (the “Indemnified Party”) agrees to give prompt notice to the party against whom indemnity is sought (the “Indemnifying Party”) of the assertion of any claim, or the commencement of any suit, action or proceeding (each, a “Claim”) in respect of which indemnity may be sought hereunder under such Section and shall will provide the Indemnifying Party such information with respect thereto that the Indemnifying Party may reasonably request. The failure to so notify the Indemnifying Party shall not relieve the Indemnifying Party of its obligations hereunder, except to the extent such failure shall have adversely prejudiced the Indemnifying Party.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Gigamon Inc.)

Procedures. (a) The party seeking indemnification under Section 6.02 or Section 6.03 11.02 (the "Indemnified Party") agrees to give prompt notice to the party against whom indemnity is sought (the "Indemnifying Party") of the assertion of any claim, or the commencement of any suit, action or proceeding (each, a “"Claim") in respect of which indemnity may be sought hereunder under such Section and shall will provide the Indemnifying Party such information with respect thereto that the Indemnifying Party may reasonably request. The failure to so notify the Indemnifying Party shall not relieve the Indemnifying Party of its obligations hereunder, except to the extent such failure shall have actually adversely prejudiced the Indemnifying Party.

Appears in 1 contract

Samples: Stock Purchase Agreement (Limited Brands Inc)

Procedures. (a) The party seeking indemnification under Section 6.02 or Section 6.03 11.02 (the “Indemnified Party”"INDEMNIFIED PARTY") agrees to give prompt notice ----- to the party against whom indemnity is sought (the “Indemnifying Party”"INDEMNIFYING PARTY") of the assertion of any claim, or the commencement of any suit, action or proceeding (each, a “Claim”"CLAIM") in respect of which indemnity may be sought hereunder under such Section and shall will provide the Indemnifying Party such information with respect thereto that the Indemnifying Party may reasonably request. The failure to so notify the Indemnifying Party shall not relieve the Indemnifying Party of its obligations hereunder, except to the extent such failure shall have adversely prejudiced the Indemnifying Party.

Appears in 1 contract

Samples: Stock Purchase Agreement (General Growth Properties Inc)

Procedures. (a) The party seeking indemnification under Section 6.02 or Section 6.03 14.02 (the "Indemnified Party") agrees to give prompt notice to the party against whom indemnity is sought (the "Indemnifying Party") of the assertion of any claimclaim for indemnity, or the commencement of any suit, action or proceeding (each, a “Claim”) in respect of which indemnity may be sought hereunder sought, under such Section and shall will provide the Indemnifying Party such information with respect thereto that the Indemnifying Party may reasonably request. The failure to so notify the Indemnifying Party shall not relieve the Indemnifying Party of its obligations hereunder, except to the extent such failure shall have adversely prejudiced the Indemnifying Party.

Appears in 1 contract

Samples: Agreement and Plan of Merger (RCN Corp /De/)

Procedures. (a) The party Party seeking indemnification under Section 6.02 ‎Section 5.02 or Section 6.03 ‎Section 5.03 (the “Indemnified Party”) agrees to give prompt notice to the party Party against whom indemnity is sought (the “Indemnifying Party”) of the assertion of any claim, or the commencement of any suit, action or proceeding (each, a “Claim”) in respect of which indemnity may be sought hereunder and shall will provide the Indemnifying Party such information with respect thereto that the Indemnifying Party may reasonably request. The failure to so notify the Indemnifying Party shall not relieve the Indemnifying Party of its obligations hereunder, except to the extent such failure shall have adversely prejudiced the Indemnifying Party.

Appears in 1 contract

Samples: Separation and Distribution Agreement (Victoria's Secret & Co.)

Procedures. (a) The party seeking indemnification under Section 6.02 or Section 6.03 9.02 (the “Indemnified Party”) agrees to give prompt notice to the party against whom indemnity is sought (the “Indemnifying Party”) of the assertion of any claim, or the commencement of any suit, action or proceeding (each, a “Claim”) in respect of which indemnity may be sought hereunder under such Section and shall will provide the Indemnifying Party such information with respect thereto that the Indemnifying Party may reasonably request. The failure to so notify the Indemnifying Party shall not relieve the Indemnifying Party of its obligations hereunder, except to the extent such failure shall have adversely prejudiced the Indemnifying Party.

Appears in 1 contract

Samples: Stock Purchase Agreement (Banctec Inc)

Procedures. (a) The party seeking indemnification under Section 6.02 or Section 6.03 11.02 (the "Indemnified Party") agrees to give prompt notice to the party against whom indemnity is sought (the "Indemnifying Party") of the assertion of any claim, or the commencement of any suit, action or proceeding (each, a “"Claim") in respect of which indemnity may be sought hereunder under such Section and shall will provide the Indemnifying Party such information with respect thereto that the Indemnifying Party may reasonably request. The failure to so notify the Indemnifying Party shall not relieve the Indemnifying Party of its obligations hereunder, except to the extent such failure shall have adversely prejudiced the Indemnifying Party.

Appears in 1 contract

Samples: Stock Purchase Agreement (Borg Warner Security Corp)

Procedures. (a) The party seeking indemnification under Section 6.02 Article 8 or 9 or Section 6.03 11.02 (the "Indemnified Party") agrees to give prompt notice to the party against whom indemnity is sought (the "Indemnifying Party") of the assertion of any claim, or the commencement of any suit, action or proceeding (each, a “"Claim") in respect of which indemnity may be sought hereunder under such Section or Article and shall will provide the Indemnifying Party such information with respect thereto that as the Indemnifying Party may reasonably request. The failure so to so notify the Indemnifying Party shall not relieve the Indemnifying Party of its obligations hereunder, except to the extent such failure shall have materially prejudiced the Indemnifying Party.

Appears in 1 contract

Samples: Purchase Agreement (Rj Reynolds Tobacco Holdings Inc)

Procedures. (a) The party seeking indemnification under Section 6.02 or Section 6.03 this Article IX (the “Indemnified Party”) agrees to give prompt written notice to the party against whom indemnity is sought (the “Indemnifying Party”) of the assertion of any claim, claim or the commencement of any suit, action or proceeding (each, a “Claim”) in respect of which indemnity may be sought hereunder and shall provide the Indemnifying Party such information with respect thereto that the Indemnifying Party may reasonably requestunder Section 9.2. The failure to so notify the Indemnifying Party shall not relieve the Indemnifying Party of its obligations hereunder, except to the extent such failure shall have materially and adversely prejudiced the Indemnifying Party.

Appears in 1 contract

Samples: Agreement and Plan of Merger (IHS Inc.)

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Procedures. (a) The party seeking indemnification under Section 6.02 or Section 6.03 11.02 (the "Indemnified Party") agrees to give prompt notice to the party against whom indemnity is sought (the "Indemnifying Party") of the assertion of any claim, or the commencement of any suit, action or proceeding (each, a “"Claim") in respect of which indemnity may be sought hereunder under such Section and shall will provide the Indemnifying Party such information with respect thereto that the Indemnifying Party may reasonably request. The failure to so notify the Indemnifying Party shall not relieve the Indemnifying Party of its obligations hereunder, except solely to the extent such failure shall have adversely prejudiced the Indemnifying Party.

Appears in 1 contract

Samples: Purchase Agreement (Silicon Graphics Inc)

Procedures. (a) The party seeking indemnification under Section 6.02 or Section 6.03 11.02 (the “Indemnified Party”) agrees to give prompt notice to the party against whom indemnity is sought (the “Indemnifying Party”) of the assertion of any claim, or the commencement of any suit, action or proceeding (each, a “Claim”) in respect of which indemnity may be sought hereunder under such Section and shall will provide the Indemnifying Party such information with respect thereto that the Indemnifying Party may reasonably request. The failure to so notify the Indemnifying Party shall not relieve the Indemnifying Party of its obligations hereunder, except to the extent such failure shall have prejudiced the Indemnifying Party.

Appears in 1 contract

Samples: Purchase Agreement (Westar Industries Inc)

Procedures. (a) The party seeking indemnification under Section 6.02 or Section 6.03 10.02 (the "Indemnified Party") agrees to give prompt notice to the party against whom indemnity is sought (the "Indemnifying Party") of the assertion of any claim, or the commencement of any suit, action or proceeding (each, a “"Claim") in respect of which indemnity may be sought hereunder under such Section and shall will provide the Indemnifying Party such information with respect thereto that the Indemnifying Party may reasonably request. The failure to so notify the Indemnifying Party Panty shall not relieve the Indemnifying Party of its obligations hereunder, except to the extent such failure shall have prejudiced adversely affected the Indemnifying Party.

Appears in 1 contract

Samples: Stock Purchase Agreement (Harvard Holdings International, Inc.)

Procedures. (a) The party seeking indemnification under Section 6.02 or Section 6.03 10.02 (the “Indemnified Party”) agrees to give prompt notice to the party against whom indemnity is sought (the “Indemnifying Party”) of the assertion of any claim, or the commencement of any suit, action or proceeding (each, a “Claim”) in respect of which indemnity may be sought hereunder under such Section and shall will provide the Indemnifying Party such information with respect thereto that the Indemnifying Party may reasonably request. The failure to so notify the Indemnifying Party shall not relieve the Indemnifying Party of its obligations hereunder, except to the extent such failure shall have prejudiced adversely affected the Indemnifying Party.

Appears in 1 contract

Samples: Stock Purchase Agreement (Harvard Holdings International, Inc.)

Procedures. (a) The Any party seeking indemnification under Section 6.02 6.04 or Section 6.03 11.02 (the “Indemnified Party”) agrees to give prompt notice to the party against whom indemnity is sought (the “Indemnifying Party”) of the assertion of any claim, or the commencement of any suit, action or proceeding (each, a “Claim”) or the need to perform an Environmental Investigation, in each case in respect of which indemnity may be sought hereunder under such Section, and shall will provide the Indemnifying Party such information with respect thereto that the Indemnifying Party may reasonably request. The failure to so notify the Indemnifying Party shall not relieve the Indemnifying Party of its obligations hereunder, except unless (and then only to the extent extent) such failure shall have adversely prejudiced the Indemnifying Party.

Appears in 1 contract

Samples: Stock Purchase Agreement (V F Corp)

Procedures. (a) The party seeking indemnification under Section 6.02 or Section 6.03 11.02 (the “Indemnified Party”) agrees to give prompt notice to the party against whom indemnity is sought (the “Indemnifying Party”) of the assertion of any claim, or the commencement of any suit, action or proceeding (each, a “Claim”) in respect of which indemnity may be sought hereunder under such Section and shall will provide the Indemnifying Party such information with respect thereto that the Indemnifying Party may reasonably request. The failure to so notify the Indemnifying Party shall not relieve the Indemnifying Party of its obligations hereunder, except to the extent such failure shall have adversely prejudiced the Indemnifying Party.

Appears in 1 contract

Samples: Asset and Share Purchase Agreement (Advanstar Inc)

Procedures. (a) The party seeking indemnification under Section 6.02 or Section 6.03 15.2 (the "Indemnified Party") agrees to shall give prompt notice in reasonable detail to the party against whom indemnity is sought (the "Indemnifying Party") of the assertion of any claimits claim for indemnity, or including the commencement of any suit, action or proceeding (each, a “Claim”) by any third party in respect of which indemnity may be sought hereunder under such Section ("Third Party Claim"), and shall will provide the Indemnifying Party with such information with respect thereto that as the Indemnifying Party may reasonably request. The failure of the Indemnified Party to so notify the Indemnifying Party shall not relieve the Indemnifying Party of its obligations hereunder, except to the extent such failure shall have adversely prejudiced the Indemnifying Party.

Appears in 1 contract

Samples: Asset Purchase Agreement (Angelica Corp /New/)

Procedures. (a) The party seeking indemnification under Section 6.02 or Section 6.03 11.02 (the “Indemnified Party”"INDEMNIFIED PARTY") agrees to give prompt notice to the party against whom indemnity is sought (the “Indemnifying Party”"INDEMNIFYING PARTY") of the assertion of any claim, or the commencement of any suit, action or proceeding (each, a “Claim”"CLAIM") in respect of which indemnity may be sought hereunder under such Section and shall will provide the Indemnifying Party such information with respect thereto that the Indemnifying Party may reasonably request. The failure to so notify the Indemnifying Party shall not relieve the Indemnifying Party of its obligations hereunder, except to the extent (and only to the extent) such failure shall have adversely prejudiced the Indemnifying PartyParty in any material respect.

Appears in 1 contract

Samples: Stock Purchase Agreement (Nalco Energy Services Equatorial Guinea LLC)

Procedures. (a) The party seeking indemnification under Section 6.02 or Section 6.03 11.02 (the "Indemnified Party") agrees to give prompt notice to the party against whom indemnity is sought (the "Indemnifying Party") of the assertion of any claim, claim or the commencement of any suit, action or proceeding (each, a “Claim”) Proceeding in respect of which indemnity may be sought hereunder under Section 11.02 and shall will provide the Indemnifying Party such information with respect thereto that the Indemnifying Party may reasonably request. The failure to so notify the Indemnifying Party shall not relieve the Indemnifying Party of its obligations hereunder, except to the extent such failure shall have adversely prejudiced the Indemnifying Party.

Appears in 1 contract

Samples: Transaction Agreement (Diversa Corp)

Procedures. (a) The party seeking indemnification under Section 6.02 or Section 6.03 11.02 (the “Indemnified "-Indemnified Party") agrees to give prompt notice to the party against whom indemnity is sought (the "Indemnifying Party") of the assertion of any claim, claim or the commencement of any suit, action or proceeding (each, a “"Claim") in respect of which indemnity may be sought hereunder under such Section and shall will provide the Indemnifying Party such information with respect thereto that the Indemnifying Party may reasonably request. The failure to so notify the Indemnifying Party shall not relieve the Indemnifying Party of its obligations hereunder, except to the extent such failure shall have materially and adversely prejudiced the Indemnifying Party.

Appears in 1 contract

Samples: Asset Purchase Agreement (Onepoint Communications Corp /De)

Procedures. (a) The party seeking indemnification under Section 6.02 or Section 6.03 8.02 (the “Indemnified Party”"INDEMNIFIED PARTY") agrees to give prompt written notice to the party against whom indemnity is sought (the “Indemnifying Party”"INDEMNIFYING PARTY") of the assertion of any claim, or the commencement of any suit, action or proceeding (each, a “Claim”"CLAIM") in respect of which indemnity may be sought hereunder under such Section and shall will provide the Indemnifying Party such information with respect thereto that as the Indemnifying Party may reasonably request. The failure to so notify the Indemnifying Party shall not relieve the Indemnifying Party of its obligations hereunder, except to the extent such failure shall have actually prejudiced in any material respect the Indemnifying Party.

Appears in 1 contract

Samples: Contribution Agreement (Visteon Corp)

Procedures. (a) A The party seeking indemnification under Section 6.02 or Section 6.03 12.2 (the "Indemnified Party") agrees to give prompt notice to the party against whom indemnity is sought (the "Indemnifying Party") of the assertion of any claim, or the commencement of any suit, action or proceeding (each, a “"Claim") in respect of which indemnity may be sought hereunder under such Section and shall will provide the Indemnifying Party such information with respect thereto that the Indemnifying Party may reasonably request. The failure to so notify the Indemnifying Party shall not relieve the Indemnifying Party of its obligations hereunder, except to the extent such failure shall have prejudiced the Indemnifying Party.

Appears in 1 contract

Samples: Acquisition Agreement (Pixtech Inc /De/)

Procedures. (a) The party seeking indemnification under Section 6.02 7.1 or Section 6.03 7.2 (the “Indemnified Party”) agrees to give prompt notice to the party against whom indemnity is sought (the “Indemnifying Party”) of the assertion of any claim, or the commencement of any suit, action or proceeding (each, a ClaimProceeding”) in respect of which indemnity may be sought hereunder under such Sections and shall will provide the Indemnifying Party such information with respect thereto that the Indemnifying Party may reasonably request. The failure to so notify the Indemnifying Party shall not relieve the Indemnifying Party of its obligations hereunder, except to the extent such failure shall have adversely prejudiced the Indemnifying Party.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Cheniere Energy Inc)

Procedures. (a) The Other than with respect to an indemnification claim for Taxes (which shall be governed by Article 8), the party seeking indemnification under Section 6.02 or Section 6.03 11.02 (the “Indemnified Party”) agrees to give prompt notice to the party against whom indemnity is sought (the “Indemnifying Party”) of the assertion of any claim, or the commencement of any suit, action or proceeding (each, a “Claim”) in respect of which indemnity may be sought hereunder under such Section and shall will provide the Indemnifying Party such information with respect thereto that the Indemnifying Party may reasonably request. The failure to so notify the Indemnifying Party shall not relieve the Indemnifying Party of its obligations hereunder, except to the extent such failure shall have adversely prejudiced the Indemnifying Party.

Appears in 1 contract

Samples: Stock Purchase Agreement (Campbell Soup Co)

Procedures. (a) The party seeking indemnification under Section 6.02 or Section 6.03 12.02 (the “Indemnified Party”"INDEMNIFIED PARTY") agrees to give prompt notice to the ----- party against whom indemnity is sought, or, in the case of an indemnity sought by Buyer, to the Principal Stockholder (the “Indemnifying Party”) "INDEMNIFYING PARTY"), of the assertion of any claim, or the commencement of any suit, action or proceeding proceeding, by a third party (each, a “Claim”"THIRD PARTY CLAIM") in respect of which indemnity may be sought hereunder under such Section and shall will provide the Indemnifying Party such information with respect thereto that the Indemnifying Party may reasonably request. The failure to so notify the Indemnifying Party shall not relieve the Indemnifying Party of its obligations hereunder, except to the extent such failure shall have adversely prejudiced the Indemnifying Party.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Dominos Pizza Government Services Division Inc)

Procedures. (a) The party seeking indemnification under Section 6.02 or Section 6.03 9.2 (the “Indemnified Party”) agrees to give prompt notice to the party against whom indemnity is sought (the “Indemnifying Party”) of the assertion of any claim, or the commencement of any suit, action or proceeding (each, a “Claim”) in respect of which indemnity may be sought hereunder under such Section and shall will provide the Indemnifying Party such information with respect thereto that the Indemnifying Party may reasonably request. The failure to so notify the Indemnifying Party shall not relieve the Indemnifying Party of its obligations hereunder, except to the extent such failure shall have adversely prejudiced the Indemnifying Party.

Appears in 1 contract

Samples: Liability Assumption Agreement and Indemnity (Gigamon Inc.)

Procedures. (a) The party seeking indemnification under Section 6.02 or Section 6.03 11.02 (the “Indemnified Party”) agrees to give prompt notice to the party against whom indemnity is sought (the “Indemnifying Party”) of the assertion of any claim, claim or the commencement of any suit, action or proceeding (each, a “Claim”) Proceeding in respect of which indemnity may be sought hereunder under Section 11.02 and shall will provide the Indemnifying Party such information with respect thereto that the Indemnifying Party may reasonably request. The failure to so notify the Indemnifying Party shall not relieve the Indemnifying Party of its obligations hereunder, except to the extent such failure shall have adversely prejudiced the Indemnifying Party.

Appears in 1 contract

Samples: Transaction Agreement (Diversa Corp)

Procedures. (ag) The party seeking indemnification under Section 6.02 or Section 6.03 this ARTICLE 9 (the “Indemnified Party”) agrees to give prompt notice to the party against whom indemnity is sought (the “Indemnifying Party”) of the assertion of any claim, or the commencement of any suit, action or proceeding (each, a “Claim”) in respect of which indemnity may be sought hereunder and shall provide under this ARTICLE 9, stating in reasonable detail the Indemnifying Party such information with respect thereto that nature of the Indemnifying Party may reasonably requestinaccuracy or breach (a “Claim Notice”). The failure to so notify the Indemnifying Party shall will not relieve the Indemnifying Party of its obligations hereunder, except to the extent such failure shall will have materially prejudiced the Indemnifying Party.

Appears in 1 contract

Samples: Securities Purchase Agreement (Tiptree Financial Inc.)

Procedures. (a) The party Person seeking indemnification under Section 6.02 or Section 6.03 7.02 (the “Indemnified Party”) agrees to give prompt notice to the party Person against whom indemnity is sought (the “Indemnifying Party”) of the assertion of any claim, or the commencement of any suit, action or proceeding (eachproceeding, a “Claim”) in respect of which indemnity may be sought hereunder under such Section and shall will provide the Indemnifying Party such information with respect thereto that as the Indemnifying Party may reasonably request. The failure to so notify the Indemnifying Party shall not relieve the Indemnifying Party of its obligations hereunder, except to the extent such failure shall have adversely prejudiced the Indemnifying Party.

Appears in 1 contract

Samples: Asset Purchase Agreement (Axxess Pharma Inc.)

Procedures. (a) The party seeking indemnification under Section 6.02 or Section 6.03 13.02 (the “Indemnified Party”) agrees to give prompt notice to the party against whom indemnity is sought (the “Indemnifying Party”) of the assertion of any claim, or the commencement of any suit, action or proceeding (each, a “Claim”) in respect of which indemnity may be sought hereunder under Section 13.02 and shall will provide the Indemnifying Party such information with respect thereto that the Indemnifying Party may reasonably request. The failure to so notify the Back to Contents Indemnifying Party shall not relieve the Indemnifying Party of its obligations hereunder, except to the extent such failure shall have adversely prejudiced the Indemnifying Party.

Appears in 1 contract

Samples: Sale and Purchase Agreement (Imperial Chemical Industries PLC)

Procedures. (a) The party seeking indemnification under Section 6.02 or Section 6.03 11.02 (the "Indemnified Party") agrees to give prompt notice to the party against whom indemnity is sought (the "Indemnifying Party") of the assertion of any claim, or the commencement of any suit, action or proceeding (each, a “"Claim") in respect of which indemnity may be sought hereunder under such Section and shall will provide the Indemnifying Party such information with respect thereto that the Indemnifying Party may reasonably request. The failure to so notify the Indemnifying Party shall not relieve the Indemnifying Party of its obligations hereunder, except to the extent such failure shall have materially prejudiced the Indemnifying Party.

Appears in 1 contract

Samples: Stock Purchase Agreement (Kendle International Inc)

Procedures. (a) The party seeking indemnification under Section 6.02 or Section 6.03 12.2 (the "Indemnified Party") agrees to give prompt notice to the party against whom indemnity is sought (the "Indemnifying Party") of the assertion of any claim, or the commencement of any suit, action or proceeding (each, a “"Claim") in respect of which indemnity may be sought hereunder under such Section and shall will provide the Indemnifying Party such information with respect thereto that the Indemnifying Party may reasonably request. The failure to so notify the Indemnifying Party shall not relieve the Indemnifying Party of its obligations hereunder, except to the extent such failure shall have prejudiced the Indemnifying Party.

Appears in 1 contract

Samples: Acquisition Agreement (Micron Technology Inc)

Procedures. (a) The party seeking indemnification under Section 6.02 or Section 6.03 10.2 (the "Indemnified Party") agrees to give prompt notice to the party against whom indemnity is sought (the "Indemnifying Party") of the assertion of any claim, or the commencement of any suit, action or proceeding (each, a “"Claim") in respect of which indemnity may be sought hereunder under such Section and shall will provide the Indemnifying Party such information with respect thereto that the Indemnifying Party may reasonably request. The failure to so notify the Indemnifying Party shall not relieve the Indemnifying Party of its obligations hereunder, except to the extent such failure shall have prejudiced the Indemnifying Party.

Appears in 1 contract

Samples: Asset Purchase Agreement (Manufacturers Services LTD)

Procedures. (a) The party seeking indemnification under Section 6.02 12.01 (including by reason of an alleged breach of a covenant contained in Section 7.07 or Section 6.03 7.08) (the "Indemnified Party") agrees to shall give prompt notice in reasonable detail to the party against whom indemnity is sought (the "Indemnifying Party") of the assertion of any claimits claim for indemnity, or including the commencement of any suit, action Action or proceeding (each, a “Claim”) Proceeding by any third party in respect of which indemnity may be sought hereunder under such Section ("Third Party Claim"), and shall will provide the Indemnifying Party with such information with respect thereto that as the Indemnifying Party may reasonably request. The failure of the Indemnified Party to so notify the Indemnifying Party shall not relieve the Indemnifying Party of its obligations hereunder, except to the extent such failure shall have adversely prejudiced the Indemnifying Party.

Appears in 1 contract

Samples: Asset Purchase Agreement (Cambrex Corp)

Procedures. (a) The party Party seeking indemnification under Section 6.02 5.02 or Section 6.03 5.03 (the “Indemnified Party”) agrees to give prompt notice to the party Party against whom indemnity is sought (the “Indemnifying Party”) of the assertion of any claim, or the commencement of any suit, action or proceeding (each, a “Claim”) in respect of which indemnity may be sought hereunder and shall will provide the Indemnifying Party such information with respect thereto that the Indemnifying Party may reasonably request. The failure to so notify the Indemnifying Party shall not relieve the Indemnifying Party of its obligations hereunder, except to the extent such failure shall have adversely prejudiced the Indemnifying Party.

Appears in 1 contract

Samples: Separation and Distribution Agreement (Victoria's Secret & Co.)

Procedures. (a) The party seeking indemnification under Section 6.02 or Section 6.03 11.02 (the “Indemnified Party”) agrees to give prompt notice to the party against whom indemnity is sought (the “Indemnifying Party”) of the assertion of any claim, or the commencement of any suit, action or proceeding (each, a “Claim”) in respect of which indemnity may be sought hereunder under such Section and shall will provide the Indemnifying Party such information with respect thereto that the Indemnifying Party may reasonably request. The failure to so notify the Indemnifying Party shall not relieve the Indemnifying Party of its obligations hereunder, except to the extent such failure shall have materially prejudiced the Indemnifying Party.

Appears in 1 contract

Samples: Stock Purchase Agreement (Charles River Laboratories International Inc)

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