{"component": "clause", "props": {"groups": [{"snippet": "The Offeror shall review the list of excluded parties in the System for Award Management (\u2587\u2587\u2587) (\u2587\u2587\u2587\u2587\u2587://\u2587\u2587\u2587.\u2587\u2587\u2587.gov) for entities excluded from receiving federal awards for \u201ccovered telecommunications equipment or services\u201d.", "snippet_links": [{"key": "the-offeror", "type": "definition", "offset": [0, 11]}, {"key": "excluded-parties", "type": "definition", "offset": [37, 53]}, {"key": "system-for-award-management", "type": "definition", "offset": [61, 88]}, {"key": "for-entities", "type": "clause", "offset": [117, 129]}, {"key": "federal-awards", "type": "definition", "offset": [154, 168]}, {"key": "covered-telecommunications-equipment-or-services", "type": "clause", "offset": [174, 222]}], "samples": [{"hash": "fM6Fs5NZtS5", "uri": "/contracts/fM6Fs5NZtS5#procedures", "label": "Gsa Areawide Public Utility Contract", "score": 36.3580703735, "published": true}, {"hash": "6EVUKQhCLQZ", "uri": "/contracts/6EVUKQhCLQZ#procedures", "label": "Contract", "score": 35.1364021301, "published": true}, {"hash": "ULpyeSn8ai", "uri": "/contracts/ULpyeSn8ai#procedures", "label": "Contract", "score": 34.9389724731, "published": true}], "size": 470, "hash": "cd23864fa9527a10355b400e2761c7f7", "id": 1}, {"snippet": "Promptly after the receipt by any Person seeking indemnification under this Article XX (the \u201cIndemnified Party\u201d) of written notice of the assertion of any claim by a third party with respect to any matter in respect of which indemnification may be sought hereunder (a \u201cThird Party Claim\u201d), the Indemnified Party shall give written notice (the \u201cIndemnification Notice\u201d) to Owner and shall thereafter keep Owner reasonably informed with respect thereto; provided, however, that the failure of the Indemnified Party to give the Indemnifying Party notice as provided herein shall not relieve Owner of any of its obligations hereunder, except to the extent that Owner is materially prejudiced by such failure. Owner shall be entitled to assume the defense of any Third Party Claim by written notice to the Indemnified Party of such intention given within thirty (30) days after the receipt by Owner of the Indemnification Notice; provided, however, that counsel selected by the Indemnifying Party shall be reasonably satisfactory to Owner. Owner shall be liable for the fees and expenses of counsel employed by the Indemnified Party for any period during which Owner has not assumed the defense of any Third Party Claim (other than during any period during which the Indemnified Party has failed to give notice of such Third Party Claim as provided above). If Owner shall assume the defense of the Third Party Claim, then the Owner shall not compromise or settle such Third Party Claim without the prior written consent of the Indemnified Party, which consent shall not be unreasonably withheld, delayed or conditioned; provided, however, that the Indemnified Party shall have no obligation to consent to any settlement that (a) does not include, as an unconditional term thereof, the giving by the claimant or the plaintiff of a release of the Indemnified Party from all liability with respect to such Third Party Claim or (b) involves the imposition of equitable remedies or the imposition of any material obligations on such Indemnified Party other than financial obligations for which such Indemnified Party is indemnified hereunder. As long as the Owner is contesting any such Third Party Claim on a timely basis, the Indemnified Party shall not pay, compromise or settle any claims brought under such Third Party Claim. Notwithstanding the assumption by the Owner of the defense of any Third Party Claim as provided in this Section 20.3, the Indemnified Party shall be permitted to participate in the defense of such Third Party Claim and to employ counsel at its own expense (it being understood that Owner controls such defense); provided, however, that, if the defendants in any Third Party Claim shall include both an Owner and any Indemnified Party, and such Indemnified Party shall have reasonably concluded that counsel selected by Owner has a conflict of interest because of the availability of different or additional defenses to such Indemnified Party, such Indemnified Party shall then have the right to select separate counsel to participate in the defense of such Third Party Claim on its behalf, at the expense of Owner; provided that the Owner shall not be obligated to pay the expenses of more than one separate counsel for all Indemnified Parties, taken together.", "snippet_links": [{"key": "any-person", "type": "definition", "offset": [30, 40]}, {"key": "this-article", "type": "definition", "offset": [71, 83]}, {"key": "indemnified-party", "type": "clause", "offset": [93, 110]}, {"key": "notice-of-the", "type": "clause", "offset": [124, 137]}, {"key": "claim-by-a-third-party", "type": "clause", "offset": [155, 177]}, {"key": "with-respect-to", "type": "clause", "offset": [178, 193]}, {"key": "in-respect-of", "type": "clause", "offset": [205, 218]}, {"key": "third-party-claim", "type": "definition", "offset": [269, 286]}, {"key": "indemnification-notice", "type": "clause", "offset": [344, 366]}, {"key": "to-owner", "type": "definition", "offset": [369, 377]}, {"key": "failure-of-the", "type": "clause", "offset": [480, 494]}, {"key": "indemnifying-party", "type": "definition", "offset": [525, 543]}, {"key": "except-to-the-extent", "type": "clause", "offset": [631, 651]}, {"key": "entitled-to-assume", "type": "definition", "offset": [720, 738]}, {"key": "notice-to-the", "type": "clause", "offset": [787, 800]}, {"key": "within-thirty", "type": "clause", "offset": [843, 856]}, {"key": "days-after", "type": "definition", "offset": [862, 872]}, {"key": "by-owner", "type": "definition", "offset": [885, 893]}, {"key": "the-indemnification", "type": "definition", "offset": [897, 916]}, {"key": "fees-and-expenses-of-counsel", "type": "clause", "offset": [1065, 1093]}, {"key": "employed-by", "type": "definition", "offset": [1094, 1105]}, {"key": "period-during-which", "type": "clause", "offset": [1136, 1155]}, {"key": "to-give-notice-of", "type": "clause", "offset": [1291, 1308]}, {"key": "the-third-party", "type": "definition", "offset": [1389, 1404]}, {"key": "the-owner-shall", "type": "clause", "offset": [1417, 1432]}, {"key": "consent-of-the", "type": "clause", "offset": [1507, 1521]}, {"key": "no-obligation-to", "type": "clause", "offset": [1672, 1688]}, {"key": "consent-to", "type": "definition", "offset": [1689, 1699]}, {"key": "any-settlement", "type": "clause", "offset": [1700, 1714]}, {"key": "the-claimant", "type": "clause", "offset": [1790, 1802]}, {"key": "release-of", "type": "clause", "offset": [1825, 1835]}, {"key": "equitable-remedies", "type": "clause", "offset": [1950, 1968]}, {"key": "material-obligations", "type": "clause", "offset": [1994, 2014]}, {"key": "financial-obligations", "type": "definition", "offset": [2052, 2073]}, {"key": "by-the-owner", "type": "clause", "offset": [2352, 2364]}, {"key": "participate-in", "type": "definition", "offset": [2483, 2497]}, {"key": "to-employ", "type": "clause", "offset": [2540, 2549]}, {"key": "the-defendants", "type": "clause", "offset": [2661, 2675]}, {"key": "an-owner", "type": "clause", "offset": [2720, 2728]}, {"key": "conflict-of-interest", "type": "clause", "offset": [2852, 2872]}, {"key": "availability-of", "type": "clause", "offset": [2888, 2903]}, {"key": "additional-defenses", "type": "clause", "offset": [2917, 2936]}, {"key": "right-to-select", "type": "clause", "offset": [3007, 3022]}, {"key": "counsel-to", "type": "clause", "offset": [3032, 3042]}, {"key": "expense-of-owner", "type": "clause", "offset": [3118, 3134]}, {"key": "that-the-owner", "type": "clause", "offset": [3145, 3159]}, {"key": "to-pay", "type": "clause", "offset": [3183, 3189]}, {"key": "counsel-for", "type": "clause", "offset": [3229, 3240]}, {"key": "indemnified-parties", "type": "definition", "offset": [3245, 3264]}], "samples": [{"hash": "iyq2uyAOB2F", "uri": "/contracts/iyq2uyAOB2F#procedures", "label": "Transmission Service Agreement (Avangrid, Inc.)", "score": 29.5831623077, "published": true}, {"hash": "eTBrxK9kNba", "uri": "/contracts/eTBrxK9kNba#procedures", "label": "Transmission Service Agreement (Avangrid, Inc.)", "score": 29.5831623077, "published": true}, {"hash": "eQTNH9oj3PN", "uri": "/contracts/eQTNH9oj3PN#procedures", "label": "Transmission Service Agreement (Avangrid, Inc.)", "score": 29.5831623077, "published": true}], "size": 346, "hash": "9b81e218552f2978355aa9b6e50d7cd8", "id": 2}, {"snippet": "(a) The Fund will establish an escrow account with the Escrow Agent consisting of four (4) segregated sub-accounts, the Subscription Sub-Account, the Repurchase Sub-Account, the Income Sub-Account and the Holdback Sub-Account. Purchase payments periodically received by UMBFS (the \u201cPurchase Proceeds\u201d) will be deposited into the Subscription Sub-Account. Proceeds from periodic repurchases of Interests by the Fund from its subscribers (\u201cRepurchase Proceeds\u201d) will be deposited into the Repurchase Sub-Account, less an appropriate withholding, as described in the Fund\u2019s then-current Private Placement Memorandum (the \u201cHoldback Amount\u201d), if applicable. Any Holdback Amount will be deposited into the Holdback Sub-Account (the Subscription Sub-Account, the Repurchase Sub-Account and the Holdback Sub-Account shall be referred to collectively as the \u201cEscrow Accounts\u201d).\n(b) Simultaneously with any deposit of Purchase Proceeds, UMBFS will deliver to the Escrow Agent a cash letter (the \u201cCash Deposit Letter\u201d) confirming the amount of the Purchase Proceeds so delivered. In the event the Fund or UMBFS provides written notice to the Escrow Agent that an underlying purchase order has been revoked in the form of a cash letter (the \u201cPurchase Reversal Letter\u201d), the Escrow Agent shall promptly (but in no event later than the close of business on the day of receipt of such Purchase Reversal Letter in accordance with subparagraph (d) or Paragraph 4) transfer from the Subscription Sub-Account the Purchase Proceeds specified in the Purchase Reversal Letter to UMBFS in accordance with the payment procedures in Paragraph 4. The Escrow Agent shall have no duty or obligation with respect to the collection of any Purchase Proceeds.\n(c) On the last business day of each calendar month, UMBFS will deliver to the Escrow Agent a cash letter instructing the Escrow Agent to disburse the Purchase Proceeds, if any, on deposit (the \u201cCash Disbursement Letter\u201d).\n(d) The Escrow Agent shall provide the Fund and UMBFS with a statement of the assets held and transactions of the Escrow Accounts on a monthly basis and shall provide electronic access on a daily basis. At the Escrow Agent\u2019s request, UMBFS shall provide periodic summaries of Escrow Account activity.\n(e) The Escrow Agent shall invest all amounts deposited in the Escrow Accounts with it hereunder, and earnings thereon, if any, in the UMB Money Market Special Account. All monies must be deposited to the Escrow Accounts prior to 4:00 p.m. CT in order to receive credit for that day\u2019s earnings. All investment earnings on the Escrow Accounts shall be transferred on the first business day of each month to the Income Sub-Account. In turn, the earnings will be swept to the Fund\u2019s custody account on the first business day of the month.\n(f) The Fund may from time to time deposit Repurchase Proceeds in the Repurchase Sub-Account. On the last business day of each calendar quarter during which repurchases occur, UMBFS will deliver to the Escrow Agent a cash letter to disburse the Repurchase Proceeds, if any, on deposit in custody, and a cash letter to move the Repurchase Proceeds out of the Repurchase Sub-Account for disbursement to investors (each, a \u201cRepurchase Disbursement Letter\u201d).\n(g) On an annual basis, UMBFS will deliver to the Escrow Agent a cash letter to disburse the Holdback Amount, if any, on deposit in the Holdback Sub-Account (the \u201cHoldback Disbursement Letter\u201d).\n(h) In the event an adjustment needs to be made in connection with any money movement hereunder, UMBFS shall deliver to the Escrow agent a cash letter specifying the corrective action to be taken.\n(i) Prior to delivery to it or its designated agents of the Purchase Proceeds or Repurchase Proceeds, the Fund or its agents shall have no title, right, claim, lien or any other interest in the funds held in escrow hereunder, and such funds shall under no circumstances be available to the Fund or its agents or their creditors for payment or reimbursement for liabilities or indebtedness.", "snippet_links": [{"key": "the-fund-will", "type": "clause", "offset": [4, 17]}, {"key": "account-with", "type": "definition", "offset": [38, 50]}, {"key": "the-escrow-agent", "type": "definition", "offset": [51, 67]}, {"key": "the-subscription", "type": "clause", "offset": [116, 132]}, {"key": "the-repurchase", "type": "clause", "offset": [146, 160]}, {"key": "the-holdback", "type": "clause", "offset": [201, 213]}, {"key": "purchase-payments", "type": "definition", "offset": [227, 244]}, {"key": "received-by", "type": "definition", "offset": [258, 269]}, {"key": "by-the-fund", "type": "clause", "offset": [403, 414]}, {"key": "repurchase-proceeds", "type": "definition", "offset": [438, 457]}, {"key": "an-appropriate", "type": "clause", "offset": [516, 530]}, {"key": "private-placement-memorandum", "type": "definition", "offset": [584, 612]}, {"key": "holdback-amount", "type": "clause", "offset": [619, 634]}, {"key": "if-applicable", "type": "definition", "offset": [638, 651]}, {"key": "simultaneously-with", "type": "clause", "offset": [873, 892]}, {"key": "deliver-to", "type": "definition", "offset": [938, 948]}, {"key": "deposit-letter", "type": "definition", "offset": [991, 1005]}, {"key": "the-purchase", "type": "clause", "offset": [1033, 1045]}, {"key": "in-the-event-the", "type": "clause", "offset": [1069, 1085]}, {"key": "notice-to-the", "type": "clause", "offset": [1117, 1130]}, {"key": "purchase-order", "type": "clause", "offset": [1163, 1177]}, {"key": "form-of", "type": "definition", "offset": [1202, 1209]}, {"key": "escrow-agent-shall", "type": "clause", "offset": [1262, 1280]}, {"key": "in-no-event", "type": "clause", "offset": [1295, 1306]}, {"key": "close-of-business", "type": "definition", "offset": [1322, 1339]}, {"key": "receipt-of", "type": "clause", "offset": [1354, 1364]}, {"key": "in-accordance-with", "type": "definition", "offset": [1395, 1413]}, {"key": "paragraph-4", "type": "definition", "offset": [1434, 1445]}, {"key": "transfer-from", "type": "clause", "offset": [1447, 1460]}, {"key": "payment-procedures", "type": "definition", "offset": [1586, 1604]}, {"key": "no-duty-or-obligation", "type": "clause", "offset": [1649, 1670]}, {"key": "with-respect-to", "type": "clause", "offset": [1671, 1686]}, {"key": "business-day", "type": "definition", "offset": [1744, 1756]}, {"key": "calendar-month", "type": "clause", "offset": [1765, 1779]}, {"key": "on-deposit", "type": "definition", "offset": [1906, 1916]}, {"key": "disbursement-letter", "type": "definition", "offset": [1928, 1947]}, {"key": "provide-the", "type": "clause", "offset": [1978, 1989]}, {"key": "statement-of", "type": "clause", "offset": [2012, 2024]}, {"key": "assets-held", "type": "clause", "offset": [2029, 2040]}, {"key": "the-escrow-accounts", "type": "clause", "offset": [2061, 2080]}, {"key": "monthly-basis", "type": "clause", "offset": [2086, 2099]}, {"key": "electronic-access", "type": "definition", "offset": [2118, 2135]}, {"key": "daily-basis", "type": "definition", "offset": [2141, 2152]}, {"key": "account-activity", "type": "definition", "offset": [2234, 2250]}, {"key": "amounts-deposited-in", "type": "definition", "offset": [2290, 2310]}, {"key": "money-market", "type": "definition", "offset": [2391, 2403]}, {"key": "special-account", "type": "definition", "offset": [2404, 2419]}, {"key": "to-receive", "type": "definition", "offset": [2504, 2514]}, {"key": "investment-earnings", "type": "definition", "offset": [2551, 2570]}, {"key": "to-the-fund", "type": "definition", "offset": [2718, 2729]}, {"key": "custody-account", "type": "definition", "offset": [2732, 2747]}, {"key": "time-deposit", "type": "definition", "offset": [2818, 2830]}, {"key": "calendar-quarter", "type": "definition", "offset": [2915, 2931]}, {"key": "in-custody", "type": "definition", "offset": [3073, 3083]}, {"key": "annual-basis", "type": "clause", "offset": [3253, 3265]}, {"key": "in-connection-with", "type": "clause", "offset": [3486, 3504]}, {"key": "money-movement", "type": "clause", "offset": [3509, 3523]}, {"key": "action-to-be-taken", "type": "clause", "offset": [3615, 3633]}, {"key": "prior-to-delivery", "type": "clause", "offset": [3639, 3656]}, {"key": "designated-agents", "type": "definition", "offset": [3670, 3687]}, {"key": "no-title", "type": "clause", "offset": [3771, 3779]}, {"key": "other-interest", "type": "definition", "offset": [3807, 3821]}, {"key": "funds-held-in-escrow", "type": "clause", "offset": [3829, 3849]}, {"key": "no-circumstances", "type": "clause", "offset": [3888, 3904]}, {"key": "available-to", "type": "definition", "offset": [3908, 3920]}, {"key": "payment-or-reimbursement", "type": "clause", "offset": [3967, 3991]}], "samples": [{"hash": "hdXHJP3w9xP", "uri": "/contracts/hdXHJP3w9xP#procedures", "label": "Escrow Agreement (Destiny Alternative Fund)", "score": 34.8247756958, "published": true}, {"hash": "9aYUyNCl2W0", "uri": "/contracts/9aYUyNCl2W0#procedures", "label": "Escrow Agreement (FT Vest Total Return Income Fund: Series B4)", "score": 34.7672843933, "published": true}, {"hash": "lCB5z1qrBGN", "uri": "/contracts/lCB5z1qrBGN#procedures", "label": "Escrow Agreement (FT Vest Hedged Equity Income Fund: Series B3)", "score": 34.5236129761, "published": true}], "size": 274, "hash": "baeed629380cef5a9d5a2b0bafaa80b3", "id": 3}, {"snippet": "Subject to the provisions of Section 7.2(d), promptly after receipt by a Delaware Indemnified Party or a Lincoln Indemnified Party (each, an \"Indemnified Party\") of notice of the commencement of any action, proceeding, investigation or claim by any Contractowner or other third party (a \"Proceeding\"), the Indemnified Party shall, if a claim in respect thereof is to be made pursuant to this Section 7.2 against another party to this Agreement (the \"Indemnifying Party\"), notify the Indemnifying Party in writing of the commencement thereof; but the failure so to notify the Indemnifying Party shall not relieve the Indemnifying Party from any liability under this Section 7.2, except to the extent that such failure to notify actually prejudices the Indemnifying Party. In case any such Proceeding shall be brought against an Indemnified Party, the Indemnifying Party shall be entitled to participate in and to assume the defense thereof, with counsel satisfactory to the Indemnified Party, and after notice from the Indemnifying Party to the Indemnified Party of the Indemnifying Party's election to assume the defense thereof, the Indemnifying Party shall not be liable to the Indemnified Party for any legal or other expenses subsequently incurred by the Indemnified Party in connection with the defense thereof other than reasonable costs of investigation; provided, however, that (i) if, in the reasonable judgment of the Indemnified Party, it is advisable for the Indemnified Party to be represented by separate counsel other than counsel for the Indemnifying Party, the Indemnified Party shall have the right to employ a single counsel to represent the Indemnified Party, in which event the reasonable fees and expenses of such separate single counsel shall be borne by the Indemnifying Party, and (ii) in the case of any Proceeding brought by any governmental authority, the Indemnifying Party shall have the right to participate in, but not to assume the defense of, such Proceeding. The Indemnifying Party shall not be obligated under any settlement agreement relating to any Proceeding under this Section 7.2 to which it has not consented in writing, which consent shall not be unreasonably withheld.", "snippet_links": [{"key": "section-72", "type": "clause", "offset": [29, 40]}, {"key": "after-receipt-by", "type": "clause", "offset": [54, 70]}, {"key": "notice-of-the", "type": "clause", "offset": [165, 178]}, {"key": "commencement-of", "type": "clause", "offset": [179, 194]}, {"key": "any-action", "type": "definition", "offset": [195, 205]}, {"key": "other-third-party", "type": "definition", "offset": [266, 283]}, {"key": "made-pursuant-to", "type": "clause", "offset": [370, 386]}, {"key": "party-to-this-agreement", "type": "definition", "offset": [420, 443]}, {"key": "indemnifying-party", "type": "definition", "offset": [450, 468]}, {"key": "notify-the", "type": "clause", "offset": [472, 482]}, {"key": "in-writing", "type": "definition", "offset": [502, 512]}, {"key": "except-to-the-extent", "type": "clause", "offset": [678, 698]}, {"key": "failure-to-notify", "type": "clause", "offset": [709, 726]}, {"key": "in-case", "type": "clause", "offset": [771, 778]}, {"key": "an-indemnified-party", "type": "clause", "offset": [824, 844]}, {"key": "participate-in", "type": "definition", "offset": [890, 904]}, {"key": "to-assume", "type": "clause", "offset": [909, 918]}, {"key": "after-notice", "type": "definition", "offset": [996, 1008]}, {"key": "party-of-the", "type": "clause", "offset": [1056, 1068]}, {"key": "other-expenses", "type": "definition", "offset": [1215, 1229]}, {"key": "in-connection-with", "type": "clause", "offset": [1277, 1295]}, {"key": "costs-of-investigation", "type": "clause", "offset": [1338, 1360]}, {"key": "represented-by", "type": "definition", "offset": [1495, 1509]}, {"key": "separate-counsel", "type": "definition", "offset": [1510, 1526]}, {"key": "counsel-for-the", "type": "clause", "offset": [1538, 1553]}, {"key": "right-to-employ", "type": "clause", "offset": [1611, 1626]}, {"key": "counsel-to", "type": "clause", "offset": [1636, 1646]}, {"key": "expenses-of", "type": "clause", "offset": [1719, 1730]}, {"key": "in-the-case", "type": "clause", "offset": [1811, 1822]}, {"key": "governmental-authority", "type": "definition", "offset": [1856, 1878]}, {"key": "right-to-participate", "type": "clause", "offset": [1918, 1938]}, {"key": "settlement-agreement", "type": "clause", "offset": [2050, 2070]}, {"key": "relating-to", "type": "definition", "offset": [2071, 2082]}], "samples": [{"hash": "k23D96iLkrG", "uri": "/contracts/k23D96iLkrG#procedures", "label": "Services Agreement (Lincoln National Variable Annuity Fund A)", "score": 18.0, "published": true}, {"hash": "do8bqAd3TYZ", "uri": "/contracts/do8bqAd3TYZ#procedures", "label": "Services Agreement (Lincoln National Flexible Premium Life Account J)", "score": 18.0, "published": true}, {"hash": "dYKqK0359dc", "uri": "/contracts/dYKqK0359dc#procedures", "label": "Services Agreement (Lincoln National Variable Annuity Account H)", "score": 18.0, "published": true}], "size": 268, "hash": "e42fe71b148c74fdbe5580699cbda2bf", "id": 4}, {"snippet": "Promptly after receipt by any person or entity entitled to indemnification under the Agreement (the \"Indemnified Party\") of notice of a claim, or of the commencement (or threatened commencement) of any civil, criminal, administrative or investigative action or proceeding involving a claim, in respect of which the Indemnified Party will seek indemnification pursuant to the Agreement, the Indemnified Party shall promptly notify the party that is obligated to provide such indemnification (the \"Indemnifying Party\") of such claim in writing. No failure to so notify the Indemnifying Party shall relieve the Indemnifying Party of its obligations under the Agreement except to the extent that it can demonstrate damages or prejudice attributable to such failure. Except as provided in Section 13.2, the Indemnifying Party shall be entitled to have sole control over the response to, defense and settlement of such claim, provided that, within fifteen (15) days after receipt of such written notice, the Indemnifying Party notifies the Indemnified Party of its election to so assume full control. In the event the Indemnifying Party does elect to so assume control, (a) the Indemnified Party shall be entitled to participate in the response to such claim and to employ counsel at its own expense to assist in the handling of such claim, (b) the Indemnifying Party shall obtain the prior written approval of the Indemnified Party (which approval shall not be unreasonably withheld or delayed) before entering into any settlement of such claim or ceasing to defend against such claim if such settlement or cessation would cause injunctive relief to be imposed against the Indemnified Party, and (c) the Indemnifying Party shall promptly reimburse the Indemnified Party for any legal expenses reasonably incurred by the Indemnified Party in connection with the defense of such claim prior to the Indemnified Party's receipt of the Indemnifying Party's notice of its election to assume full control over the response to such claim. After notice by the Indemnifying Party to the Indemnified Party of its election to assume full control, the Indemnifying Party shall not be liable to the Indemnified Party for any further legal expenses incurred by such Indemnified Party in connection with the defense of that claim. If the Indemnifying Party does not assume sole control over the response to such claim as provided in this Section, the Indemnifying Party may participate in such response and the Indemnified Party shall have the right to respond to and defend the claim in such manner as it may deem appropriate, at the reasonable cost and expense of the Indemnifying Party, who shall be bound by any settlement. The Indemnifying Party shall promptly reimburse the Indemnified Party for such costs and expenses.", "snippet_links": [{"key": "after-receipt-by", "type": "clause", "offset": [9, 25]}, {"key": "person-or-entity", "type": "clause", "offset": [30, 46]}, {"key": "indemnified-party", "type": "clause", "offset": [101, 118]}, {"key": "notice-of-a-claim", "type": "clause", "offset": [124, 141]}, {"key": "action-or-proceeding", "type": "definition", "offset": [251, 271]}, {"key": "in-respect-of", "type": "clause", "offset": [291, 304]}, {"key": "pursuant-to-the-agreement", "type": "clause", "offset": [359, 384]}, {"key": "the-party", "type": "clause", "offset": [430, 439]}, {"key": "to-provide", "type": "clause", "offset": [458, 468]}, {"key": "indemnifying-party", "type": "definition", "offset": [496, 514]}, {"key": "in-writing", "type": "definition", "offset": [531, 541]}, {"key": "failure-to", "type": "clause", "offset": [546, 556]}, {"key": "obligations-under-the-agreement", "type": "clause", "offset": [634, 665]}, {"key": "except-to-the-extent", "type": "clause", "offset": [666, 686]}, {"key": "except-as-provided-in", "type": "clause", "offset": [762, 783]}, {"key": "section-132", "type": "clause", "offset": [784, 796]}, {"key": "sole-control", "type": "definition", "offset": [847, 859]}, {"key": "the-response", "type": "clause", "offset": [865, 877]}, {"key": "settlement-of", "type": "clause", "offset": [894, 907]}, {"key": "provided-that", "type": "definition", "offset": [920, 933]}, {"key": "after-receipt-of", "type": "clause", "offset": [960, 976]}, {"key": "written-notice", "type": "clause", "offset": [982, 996]}, {"key": "full-control", "type": "clause", "offset": [1081, 1093]}, {"key": "in-the-event-the", "type": "clause", "offset": [1095, 1111]}, {"key": "participate-in", "type": "definition", "offset": [1211, 1225]}, {"key": "to-employ", "type": "clause", "offset": [1257, 1266]}, {"key": "to-assist", "type": "clause", "offset": [1294, 1303]}, {"key": "approval-of", "type": "clause", "offset": [1393, 1404]}, {"key": "entering-into", "type": "clause", "offset": [1497, 1510]}, {"key": "any-settlement", "type": "clause", "offset": [1511, 1525]}, {"key": "injunctive-relief", "type": "clause", "offset": [1624, 1641]}, {"key": "legal-expenses", "type": "definition", "offset": [1773, 1787]}, {"key": "in-connection-with", "type": "clause", "offset": [1833, 1851]}, {"key": "prior-to-the", "type": "clause", "offset": [1878, 1890]}, {"key": "to-assume", "type": "clause", "offset": [1970, 1979]}, {"key": "notice-by-the", "type": "clause", "offset": [2032, 2045]}, {"key": "expenses-incurred", "type": "definition", "offset": [2220, 2237]}, {"key": "respond-to", "type": "definition", "offset": [2532, 2542]}, {"key": "the-claim", "type": "definition", "offset": [2554, 2563]}, {"key": "cost-and-expense", "type": "clause", "offset": [2625, 2641]}, {"key": "costs-and-expenses", "type": "definition", "offset": [2786, 2804]}], "samples": [{"hash": "1mwRAls0W6g", "uri": "/contracts/1mwRAls0W6g#procedures", "label": "User Agreement", "score": 33.9066886902, "published": true}, {"hash": "aAppzCfNoRE", "uri": "/contracts/aAppzCfNoRE#procedures", "label": "Software Subscription Agreement", "score": 24.6536617279, "published": true}, {"hash": "3EQdMHKqfWa", "uri": "/contracts/3EQdMHKqfWa#procedures", "label": "Software Subscription Agreement", "score": 23.0383300781, "published": true}], "size": 250, "hash": "76f11359399c5c30cc810907049ec020", "id": 5}, {"snippet": "(a) A Purchaser Indemnified Party or a Seller Indemnified Party, as the case may be (for purposes of this Section 10.4, an \u201cIndemnified Party\u201d), shall give the indemnifying party under Sections 9.10, 9.11, 10.2 or 10.3, as applicable (for purposes of this Section 10.4, an \u201cIndemnifying Party\u201d), prompt written notice of any matter which it has in good faith determined has given rise to a right of indemnification under this Agreement (the \u201cIndemnity Notice\u201d), stating the amount of the Loss, if known, and method of computation thereof, if practicable, and containing a reference to the provisions of this Agreement in respect of which such right of indemnification is claimed or arises; provided that the Indemnified Party\u2019s failure to provide timely notice as provided herein shall not reduce the indemnification obligations of the Indemnifying Party except to the extent that the Indemnifying Party is materially harmed by such failure to provide notice. If an Indemnifying Party notifies an Indemnified Party within the Dispute Period that it disputes its liability with respect to the claim described in the Indemnity Notice, an Indemnifying Party and an Indemnified Party shall proceed in good faith to negotiate a resolution of such dispute, and if not resolved through negotiations within the Resolution Period, such dispute shall be resolved in accordance with the provisions of Section 12.3.\n(b) An Indemnified Party shall also give prompt written notice of any pending claim or demand by a third party (the \u201cThird Party Claim Notice\u201d) to the Indemnifying Party that the Indemnified Party has in good faith determined will likely give rise to a right of indemnification under this Agreement (a \u201cThird Party Claim\u201d), describing in reasonable detail the facts and circumstances with respect to the subject matter of such claim or demand. If an Indemnified Party fails to provide the Third Party Claim Notice with reasonable promptness after an Indemnified Party receives notice of such Third Party Claim, an Indemnifying Party shall still be obligated to indemnify an Indemnified Party with respect to such Third Party Claim, except to the extent that an Indemnifying Party\u2019s ability to defend the relevant claim has been materially prejudiced by such failure of an Indemnified Party. The Indemnifying Party shall have the right, at its sole option and expense, to be represented by counsel of its choice and to defend against, negotiate, settle or otherwise deal with any Third Party Claim which relates to any Losses indemnified against hereunder. If the Indemnifying Party elects to defend against, negotiate, settle or otherwise deal with any Third Party Claim which relates to any Losses indemnified against hereunder, it shall within the Dispute Period, or if there is a dispute, then within the Resolution Period, notify the Indemnified Party of its intent to do so. If the Indemnifying Party elects not to defend against, negotiate, settle or otherwise deal with any Third Party Claim which relates to any Losses indemnified against hereunder, the Indemnified Party may defend against, negotiate, settle or otherwise deal with such Third Party Claim. If the Indemnifying Party shall assume the defense of any Third Party Claim, the Indemnified Party may participate in, at his or its own expense, but not control, the defense of such Third Party Claim; provided, however, that such Indemnified Party shall be entitled to participate in any such defense with separate counsel at the expense of the Indemnifying Party if (i) so requested by the Indemnifying Party to participate or (ii) in the reasonable opinion of counsel to the Indemnified Party, a conflict or potential conflict exists between the Indemnified Party and the Indemnifying Party that would make such separate representation advisable; provided, further, that the Indemnifying Party shall not be required to pay for more than one such counsel for all Indemnified Parties in connection with any Third Party Claim. The parties hereto agree to cooperate fully with each other in connection with the defense, negotiation or settlement of any such Third Party Claim. Notwithstanding anything in this Section 10.4 to the contrary, neither the Indemnifying Party nor the Indemnified Party shall, without the written consent of the other party, which consent shall not be unreasonably withheld, delayed or conditioned, settle or compromise any Third Party Claim or permit a default judgment or consent to entry of any judgment unless the claimant and such party provide to such other party an unqualified release from all liability in respect of the Third Party Claim. Notwithstanding the foregoing, if a settlement offer solely for money damages is made by the applicable third party claimant, and the Indemnifying Party notifies the Indemnified Party in writing of the Indemnifying Party\u2019s willingness to accept the settlement offer and, subject to the applicable limitations of Sections 9.10, 9.11, 10.2 and 10.3, pay the amount called for by such offer, and the Indemnified Party declines to accept such offer, the Indemnified Party may, at its own expense, continue to contest such Third Party Claim, free of any participation by the Indemnifying Party, and the amount of any ultimate liability with respect to such Third Party Claim that the Indemnifying Party has an obligation to pay hereunder shall, subject to the Indemnification Cap and other limits set forth in Sections 9.10, 9.11, 10.2 and 10.3, be limited to the lesser of (A) the amount of the settlement offer that the Indemnified Party declined to accept or (B) the aggregate Losses of the Indemnified Party with respect to such Third Party Claim, subject, in each case, to the limitations set forth in Sections 9.10, 9.11, 10.2 and 10.3. If the Indemnifying Party makes any payment on any Third Party Claim or other claim hereunder, the Indemnifying Party shall be subrogated, to the extent of such payment, to all rights and remedies of the Indemnified Party to any insurance benefits or other claims of the Indemnified Party with respect to such Third Party Claim or other claim hereunder.\n(c) After any final decision, judgment or award shall have been rendered in accordance with Section 12.3 and the expiration of the time in which to appeal therefrom, or a settlement shall have been consummated, or the Indemnified Party and the Indemnifying Party shall have arrived at a mutually binding agreement with respect to a Third Party Claim or other claim hereunder, the Indemnified Party shall forward to the Indemnifying Party notice of any sums due and owing by the Indemnifying Party pursuant to this Agreement with respect to such matter.", "snippet_links": [{"key": "purchaser-indemnified-party", "type": "definition", "offset": [6, 33]}, {"key": "seller-indemnified-party", "type": "definition", "offset": [39, 63]}, {"key": "the-case", "type": "definition", "offset": [68, 76]}, {"key": "for-purposes-of-this-section", "type": "clause", "offset": [85, 113]}, {"key": "indemnifying-party", "type": "definition", "offset": [160, 178]}, {"key": "notice-of-any", "type": "clause", "offset": [311, 324]}, {"key": "in-good-faith", "type": "clause", "offset": [345, 358]}, {"key": "indemnification-under-this-agreement", "type": "clause", "offset": [399, 435]}, {"key": "indemnity-notice", "type": "definition", "offset": [442, 458]}, {"key": "method-of-computation", "type": "clause", "offset": [508, 529]}, {"key": "a-reference-to", "type": "clause", "offset": [570, 584]}, {"key": "provisions-of-this-agreement", "type": "clause", "offset": [589, 617]}, {"key": "in-respect-of", "type": "clause", "offset": [618, 631]}, {"key": "such-right", "type": "definition", "offset": [638, 648]}, {"key": "provided-that", "type": "definition", "offset": [690, 703]}, {"key": "failure-to-provide-timely-notice", "type": "clause", "offset": [728, 760]}, {"key": "obligations-of-the", "type": "clause", "offset": [817, 835]}, {"key": "except-to-the-extent", "type": "clause", "offset": [855, 875]}, {"key": "failure-to-provide-notice", "type": "clause", "offset": [933, 958]}, {"key": "an-indemnified-party", "type": "clause", "offset": [994, 1014]}, {"key": "dispute-period", "type": "clause", "offset": [1026, 1040]}, {"key": "with-respect-to", "type": "clause", "offset": [1072, 1087]}, {"key": "the-indemnity", "type": "clause", "offset": [1111, 1124]}, {"key": "to-negotiate", "type": "definition", "offset": [1208, 1220]}, {"key": "resolution-period", "type": "clause", "offset": [1303, 1320]}, {"key": "in-accordance-with", "type": "definition", "offset": [1353, 1371]}, {"key": "section-123", "type": "clause", "offset": [1390, 1402]}, {"key": "claim-or-demand", "type": "definition", "offset": [1482, 1497]}, {"key": "by-a-third-party", "type": "clause", "offset": [1498, 1514]}, {"key": "third-party-claim-notice", "type": "definition", "offset": [1521, 1545]}, {"key": "the-facts", "type": "clause", "offset": [1760, 1769]}, {"key": "subject-matter", "type": "clause", "offset": [1808, 1822]}, {"key": "the-third-party", "type": "definition", "offset": [1889, 1904]}, {"key": "reasonable-promptness", "type": "definition", "offset": [1923, 1944]}, {"key": "to-indemnify", "type": "clause", "offset": [2062, 2074]}, {"key": "ability-to", "type": "definition", "offset": [2186, 2196]}, {"key": "relevant-claim", "type": "definition", "offset": [2208, 2222]}, {"key": "the-right", "type": "clause", "offset": [2329, 2338]}, {"key": "represented-by-counsel", "type": "clause", "offset": [2378, 2400]}, {"key": "relates-to", "type": "definition", "offset": [2507, 2517]}, {"key": "a-dispute", "type": "definition", "offset": [2785, 2794]}, {"key": "notify-the", "type": "clause", "offset": [2831, 2841]}, {"key": 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[6432, 6449]}, {"key": "due-and-owing", "type": "definition", "offset": [6593, 6606]}, {"key": "pursuant-to-this-agreement", "type": "clause", "offset": [6633, 6659]}], "samples": [{"hash": "afIChMbJyPi", "uri": "/contracts/afIChMbJyPi#procedures", "label": "Purchase Agreement (Oneok Inc /New/)", "score": 21.0, "published": true}], "size": 209, "hash": "4342f5696bdcff9f3086425d866b2cbf", "id": 7}, {"snippet": "Until a Qualified IPO, if the Company proposes to issue any New Ownership Interest, the Company will give each Holder of Investor Units and/or Common Units prior written notice of such intention, describing the New Ownership Interest and the price, the terms and conditions upon which the Company proposes to issue the New Ownership Interest. Each Holder of Investor Units and/or Common Units will have fifteen (15) Business Days from the giving of such notice to agree to purchase its applicable Participating Interest of the New Ownership Interest for the price and upon the terms and conditions specified in the notice by giving written notice to the Company and stating therein the portion of the New Ownership Interest to be purchased. Notwithstanding the foregoing, the Company will not be required to offer or sell such New Ownership Interest to any Member if: (i) such offer or sale would cause the Company to be in violation of applicable federal or state securities laws by virtue of such offer or sale; or (ii) such Holder has previously suffered an uncured Funding Default. If not all of the Holders elect to purchase their Participating Interest of the New Ownership Interest, then the Company will promptly notify in writing the Holders who do so elect and will offer such Holders the right to acquire such unsubscribed New Ownership Interest. Each such Holder of Investor Units and/or Common Units will have five (5) Business Days after receipt of such notice to notify the Company of its election to purchase all or a portion of such unsubscribed New Ownership Interest (allocated based on the relative Participating Interests of such Holders, if necessary). The issuance of any New Ownership Interest by the Company and required payment by the Holders exercising their Preemptive Right will occur no earlier than twenty (20) Business Days from the initial date of notice of such issuance by the Company. If the Holders fail to exercise in full the Preemptive Rights, the Company will have one hundred and eighty (180) days thereafter to sell the New Ownership Interest in respect of which the Holder\u2019s rights were not exercised, at a price and upon general terms and conditions materially no more favorable to the purchasers thereof than specified in the Company\u2019s notice to the Holders pursuant to this Section 4.5.2. If the Company has not sold such New Ownership Interest within one hundred eighty (180) days following the notice provided pursuant to Section 4.5.2, the Company will not thereafter issue or sell any New Ownership Interest without first offering such securities to the Holders in the manner provided above.", "snippet_links": [{"key": "qualified-ipo", "type": "definition", "offset": [8, 21]}, {"key": "to-issue", "type": "clause", "offset": [47, 55]}, {"key": "new-ownership-interest", "type": "definition", "offset": [60, 82]}, {"key": "the-company-will", "type": "clause", "offset": [84, 100]}, {"key": "investor-units", "type": "clause", "offset": [121, 135]}, {"key": "common-units", "type": "clause", "offset": [143, 155]}, {"key": "notice-of", "type": "clause", "offset": [170, 179]}, {"key": "the-price", "type": "clause", "offset": [238, 247]}, {"key": "the-terms-and-conditions", "type": "clause", "offset": [249, 273]}, {"key": "business-days", "type": "clause", "offset": [416, 429]}, 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takedown), furnish to Purchaser and the underwriter or underwriters, if any, copies of all such documents proposed to be filed, including documents incorporated by reference in the Prospectus and, if requested by Purchaser, the exhibits incorporated by reference, and Purchaser (and the underwriter(s), if any) shall have the opportunity to review and comment thereon, and the Company will make such changes and additions thereto as reasonably requested by Purchaser (and the underwriter(s), if any) prior to filing any Registration Statement or amendment thereto or any Prospectus or any supplement thereto;\n(ii) prepare and file with the SEC such amendments and supplements to such Registration Statement and the Prospectus used in connection therewith as may be necessary to keep such Registration Statement effective for a period of not less than 90 days, in the case of a Demand Registration Statement or an aggregate of eighteen (18) months, in the case of a Shelf Registration Statement (plus, in each case, the duration of any Delay Period and any Blackout Period), or such shorter period as is necessary to complete the distribution of the securities covered by such Registration Statement and comply with the provisions of the Securities Act with respect to the disposition of all securities covered by such Registration Statement during such period in accordance with the intended methods of disposition by Purchaser thereof set forth in such Registration Statement and, in the case of the Shelf Registration Statement, prepare such prospectus supplements containing such disclosures as may be reasonably requested by Purchaser or any underwriter(s) in connection with each shelf takedown;\n(iii) furnish to Purchaser such number of copies of such Registration Statement, each amendment and supplement thereto, each Prospectus (including each preliminary Prospectus and Prospectus supplement) and such other documents as Purchaser and any underwriter(s) may reasonably request in order to facilitate the disposition of the Registrable Common Stock, provided, however, that the Company shall have no such obligation to furnish copies of a final prospectus if the conditions of Rule 172(c) under the Securities Act are satisfied by the Company;\n(iv) use its reasonable best efforts to register or qualify such Registrable Common Stock under such other securities or blue sky laws of such jurisdictions (domestic or foreign) as Purchaser and any underwriter(s) reasonably requests and do any and all other acts and things that may be reasonably necessary or advisable to enable Purchaser and any underwriter(s) to consummate the disposition in such jurisdictions of the Registrable Common Stock (provided, that the Company will not be required to (1) qualify generally to do business in any jurisdiction where it would not otherwise be required to qualify but for this subparagraph (iv), (2) subject itself to taxation in any such jurisdiction or (3) consent to general service of process in any such jurisdiction);\n(v) notify Purchaser and any underwriter(s), at any time when a Prospectus relating thereto is required to be delivered under the Securities Act, of the occurrence of any event as a result of which any Prospectus contains an untrue statement of a material fact or omits any material fact necessary to make the statements therein not misleading, and, at the request of Purchaser or any underwriter(s), the Company shall prepare a supplement or amendment to such Prospectus so that, as thereafter supplemented and/or amended, such Prospectus shall not contain an untrue statement of a material fact or omit to state any material fact necessary to make the statements therein not misleading;\n(vi) in the case of an underwritten offering, (i) enter into such customary agreements (including underwriting agreements in customary form), (ii) take all such other actions as Purchaser or the underwriter(s) reasonably request in order to expedite or facilitate the disposition of such Registrable Common Stock (including, without limitation, causing senior management and other Company personnel to cooperate with Purchaser and the underwriter(s) in connection with performing due diligence) and (iii) cause its counsel to issue opinions of counsel in form, substance and scope as are customary in primary underwritten offerings, addressed and delivered to the underwriter(s) and Purchaser;\n(vii) in connection with each Demand Registration pursuant to Section 3 and each Fully Marketed Underwritten Offering requested by Purchaser under Section 2, cause there to occur Full Cooperation and, in all other cases, cause members of senior management of the Company to be available to participate in, and to cooperate with the underwriter(s) in connection with customary marketing activities (including select conference calls and one-on-one meetings with prospective purchasers);\n(viii) make available for inspection by Purchaser, any underwriter participating in any disposition pursuant to a Registration Statement, and any attorney, accountant or other agent retained by Purchaser or underwriter, all pertinent financial and other records, pertinent corporate documents and properties of the Company, and cause the Company\u2019s officers, directors, employees and independent accountants to supply all information reasonably requested by Purchaser, any underwriter, any attorney, any accountant or any agent in connection with such Registration Statement;\n(ix) use its reasonable best efforts to cause all such Registrable Common Stock to be listed on NASDAQ, or any exchange on which securities of the same class issued by the Company are then listed or, if no such similar securities are then listed, on a national securities exchange selected by the Company and agreed to by Purchaser;\n(x) provide a transfer agent and registrar for all such Registrable Common Stock not later than the effective date of such Registration Statement;\n(xi) if requested, cause to be delivered, immediately prior to the pricing of any underwritten offering, immediately prior to effectiveness of each Registration Statement (and, in the case of an underwritten offering, at the time of closing of the sale of Registrable Common Stock pursuant thereto), letters from the Company\u2019s independent registered public accountants addressed to Purchaser and each underwriter, if any, stating that such accountants are independent public accountants within the meaning of the Securities Act and the applicable rules and regulations adopted by the SEC thereunder, and otherwise in customary form and covering such financial and accounting matters as are customarily covered by letters of the independent registered public accountants delivered in connection with primary underwritten public offerings;\n(xii) make generally available to Purchaser and its Affiliates a consolidated earnings statement (which need not be audited) for the 12 months beginning after the effective date of a Registration Statement as soon as reasonably practicable after the end of such period, which earnings statement shall satisfy the requirements of an earning statement under Section 11(a) of the Securities Act; and\n(xiii) promptly notify Purchaser and the underwriter or underwriters, if any:\n(1) when the Registration Statement, any pre-effective amendment, the Prospectus or any Prospectus supplement or post-effective amendment to the Registration Statement has been filed and, with respect to the Registration Statement or any post-effective amendment, when the same has become effective;\n(2) of any written request by the SEC for amendments or supplements to the Registration Statement or any Prospectus or of any inquiry by the SEC relating to the Registration Statement or the Company\u2019s status as a well-known seasoned issuer;\n(3) of the notification to the Company by the SEC of its initiation of any proceeding with respect to the issuance by the SEC of any stop order suspending the effectiveness of the Registration Statement; and\n(4) of the receipt by the Company of any notification with respect to the suspension of the qualification of any Registrable Common Stock for sale under the applicable securities or blue sky laws of any jurisdiction.\n(b) The Company represents and warrants that no Registration Statement (including any amendments or supplements thereto and Prospectuses contained therein) shall contain any untrue statement of a material fact or omit to state a material fact required to be stated therein, or necessary to make the statements therein not misleading (except that the Company makes no representation or warranty with respect to information relating to Purchaser furnished to the Company by or on behalf of Purchaser specifically for use therein).\n(c) The Company shall make available to Purchaser (i) promptly after the same is prepared and publicly distributed, filed with the SEC, or received by the Company, one copy of each Registration Statement and any amendment thereto, each preliminary Prospectus and Prospectus and each amendment or supplement thereto, each letter written by or on behalf of the Company to the SEC or the staff of the SEC (or other governmental agency or self-regulatory body or other body having jurisdiction, including any domestic or foreign securities exchange), and each item of correspondence from the SEC or the staff of the SEC (or other governmental agency or self-regulatory body or other body having jurisdiction, including any domestic or foreign securities exchange), in each case relating to such Registration Statement or to any of the documents incorporated by reference therein, and (ii) such number of copies of each Prospectus, including a preliminary Prospectus, and all amendments and supplements thereto and such other documents as Purchaser or any underwriter may reasonably request in order to facilitate the disposition of the Registrable Common Stock. The Company will promptly notify Purchaser of the effectiveness of each Registration Statement or any post-effective amendment or the filing of any supplement or amendment to such Shelf Registration Statement or of any Prospectus supplement. The Company will promptly respond to any and all comments received from the SEC, with a view towards causing each Registration Statement or any amendment thereto to be declared effective by the SEC as soon as practicable and shall file an acceleration request, if necessary, as soon as practicable following the resolution or clearance of all SEC comments or, if applicable, following notification by the SEC that any such Registration Statement or any amendment thereto will not be subject to review.\n(d) The Company may require Purchaser to furnish to the Company any other information regarding Purchaser and the distribution of such securities as the Company reasonably determines, based on the advice of counsel, is required to be included in any Registration Statement.\n(e) Purchaser agrees that, upon notice from the Company of the happening of any event as a result of which the Prospectus included (or deemed included) in such Registration Statement contains an untrue statement of a material fact or omits any material fact necessary to make the statements therein not misleading (a \u201cSuspension Notice\u201d), Purchaser will forthwith discontinue disposition of Registrable Common Stock pursuant to such Registration Statement for a reasonable length of time not to exceed 10 days (45 days in the case of an event described in Section 3(d)) until Purchaser is advised in writing by the Company that the use of the Prospectus may be resumed and is furnished with a supplemented or amended Prospectus as contemplated by Section 8(a) hereof; provided, however, that such postponement of sales of Registrable Common Stock by Purchaser shall not exceed ninety (90) days in the aggregate in any 12 month period. If the Company shall give Purchaser any Suspension Notice, the Company shall extend the period of time during which the Company is required to maintain the applicable Registration Statements effective pursuant to this Agreement by the number of days during the period from and including the date of the giving of such Suspension Notice to and including the date Purchaser either is advised by the Company that the use of the Prospectus may be resumed or receives the copies of the supplemented or amended Prospectus contemplated by Section 8(a) (a \u201cBlackout Period\u201d). In any event, the Company shall not be entitled to deliver more than a total of three (3) Suspension Notices or notices of any Delay Period in any twelve (12)-month period.\n(f) The Company shall not permit any officer, director, underwriter, broker or any other person acting on behalf of the Company to use any free writing prospectus (as defined in Rule 405 under the Securities Act) in connection with any registration statement covering Registrable Common Stock, without the prior written consent of Purchaser and any underwriter.", "snippet_links": [{"key": "in-connection-with", "type": "clause", "offset": [4, 22]}, {"key": "sale-of", "type": "clause", "offset": [44, 51]}, {"key": "registrable-common-stock", "type": "definition", "offset": [52, 76]}, {"key": "pursuant-to-this-agreement", "type": "clause", "offset": [77, 103]}, {"key": "the-company-shall", "type": "clause", "offset": [105, 122]}, {"key": "efforts-to-effect", "type": "clause", "offset": [147, 164]}, {"key": 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"definition", "offset": [13548, 13556]}, {"key": "consent-of-purchaser", "type": "clause", "offset": [13690, 13710]}], "samples": [{"hash": "bGq6KOE5Ilv", "uri": "/contracts/bGq6KOE5Ilv#procedures", "label": "Registration Rights Agreement (North American Financial Holdings, Inc.)", "score": 22.697467804, "published": true}, {"hash": "dBhPWs3lH3b", "uri": "/contracts/dBhPWs3lH3b#procedures", "label": "Registration Rights Agreement (Green Bankshares, Inc.)", "score": 22.6810398102, "published": true}, {"hash": "c4tgegRSc6o", "uri": "/contracts/c4tgegRSc6o#procedures", "label": "Investment Agreement (Green Bankshares, Inc.)", "score": 22.3415470123, "published": true}], "size": 179, "hash": "37fca70fa985293913e8c77304adafdb", "id": 10}, {"snippet": "(a) In order for a Purchaser Indemnified Party or a Seller Indemnified Party (each, an \u201cIndemnified Party\u201d) to be entitled to any indemnification provided for under this Agreement as a result of a Loss or a claim or demand made by any third Person against the Indemnified Party (a \u201cThird-Party Claim\u201d), such Indemnified Party shall deliver notice thereof to the Seller or the Purchaser, as the case may be, (the \u201cIndemnifying Party\u201d), promptly after receipt by such Indemnified Party of written notice of the Third-Party Claim, describing in reasonable detail the facts giving rise to any claim for indemnification hereunder, the amount or method of computation of the amount of such claim (if known) and such other information with respect thereto as the Indemnifying Party may reasonably request. The failure to provide such notice, however, shall not release the Indemnifying Party from any of its obligations under this Article XI, except to the extent that the Indemnifying Party is actually prejudiced by such failure.\n(b) An Indemnifying Party shall have the right, upon written notice to the Indemnified Party within thirty (30) days after receipt of notice from the Indemnified Party of the commencement of such Third-Party Claim, to assume the defense thereof at the expense of the Indemnifying Party with counsel selected by the Indemnifying Party and reasonably satisfactory to the Indemnified Party. If the Indemnifying Party assumes the defense of such Third-Party Claim, the Indemnified Party shall have the right to employ separate counsel and to participate in the defense thereof, but the fees and expenses of such counsel shall be at the expense of the Indemnified Party; provided, that, if, in the reasonable opinion of counsel for the Indemnified Party, there is a conflict of interest between the Indemnified Party and the Indemnifying Party, the Indemnifying Party shall be responsible for the reasonable fees and expenses of one counsel to such Indemnified Party in connection with such defense. If the Indemnifying Party assumes the defense of any Third-Party Claim, the Indemnified Party shall reasonably cooperate with the Indemnifying Party in such defense and make available to the Indemnifying Party such witnesses, pertinent records, materials and information in the Indemnified Party\u2019s possession or under the Indemnified Party\u2019s control relating thereto as is reasonably required by the Indemnifying Party. If the Indemnifying Party assumes the defense of any Third-Party Claim, the Indemnifying Party shall not settle, compromise or discharge such Third-Party Claim without the prior written consent of the Indemnified Party, unless such settlement, compromise or discharge of such Third-Party Claim by its terms obligates the Indemnifying Party to pay the full amount of the Liability in connection with such Third-Party Claim, and releases the Indemnified Party completely in connection with such Third-Party Claim. Whether or not the Indemnifying Party assumes the defense of a Third-Party Claim, the Indemnified Party shall not admit any Liability with respect to, or settle, compromise or discharge, or offer to settle, compromise or discharge, such Third-Party Claim without the Indemnifying Party\u2019s prior written consent.\n(c) In the event any Indemnified Party should have a claim against an Indemnifying Party hereunder that does not involve a Third-Party Claim being asserted against or sought to be collected from such Indemnified Party, the Indemnified Party shall deliver notice of such claim promptly to the Indemnifying Party, describing in reasonable detail the facts giving rise to any claim for indemnification hereunder, the amount or method of computation of the amount of such claim (if known) and such other information with respect thereto as the Indemnifying Party may reasonably request. The failure to provide such notice, however, shall not release the Indemnifying Party from any of its obligations under this Article XI except to the extent that the Indemnifying Party is prejudiced by such failure. The Indemnified Party shall reasonably cooperate and assist the Indemnifying Party in determining the validity of any claim for indemnity by the Indemnified Party and in otherwise resolving such matters. Such assistance and cooperation shall include providing reasonable access to and copies of information, records and documents relating to such matters, furnishing employees to assist in the investigation, defense and resolution of such matters and providing legal and business assistance with respect to such matters, in each case, to the extent reasonably required by the Indemnifying Party.", "snippet_links": [{"key": "purchaser-indemnified-party", "type": "definition", "offset": [19, 46]}, {"key": "seller-indemnified-party", "type": "definition", "offset": [52, 76]}, {"key": "this-agreement", "type": "clause", "offset": [165, 179]}, {"key": "claim-or-demand", "type": "definition", "offset": [207, 222]}, {"key": "third-person", "type": "definition", "offset": [235, 247]}, {"key": "party-claim", "type": "clause", "offset": [288, 299]}, {"key": "notice-thereof", "type": "clause", "offset": [340, 354]}, {"key": "to-the-seller", "type": "definition", "offset": [355, 368]}, {"key": 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"definition", "offset": [4333, 4342]}, {"key": "copies-of-information", "type": "clause", "offset": [4347, 4368]}, {"key": "records-and-documents", "type": "clause", "offset": [4370, 4391]}, {"key": "relating-to", "type": "definition", "offset": [4392, 4403]}, {"key": "to-assist", "type": "clause", "offset": [4439, 4448]}, {"key": "the-investigation", "type": "clause", "offset": [4452, 4469]}, {"key": "assistance-with", "type": "clause", "offset": [4543, 4558]}, {"key": "each-case", "type": "definition", "offset": [4587, 4596]}], "samples": [{"hash": "k0dMj5Gdxf1", "uri": "/contracts/k0dMj5Gdxf1#procedures", "label": "Share and Asset Purchase Agreement (Alibaba Group Holding LTD)", "score": 29.0876121521, "published": true}, {"hash": "gCGbNeCKmQz", "uri": "/contracts/gCGbNeCKmQz#procedures", "label": "Share and Asset Purchase Agreement (Yahoo Inc)", "score": 25.848733902, "published": true}, {"hash": "7zhG72BqJGa", "uri": "/contracts/7zhG72BqJGa#procedures", "label": "Share and Asset Purchase Agreement (Alibaba Group Holding LTD)", "score": 25.6516094208, "published": true}], "size": 233, "hash": "b20160a7476ea414f82f203246d5e075", "id": 6}, {"snippet": "(A) Employee grievances filed in accordance with this Article are to be presented and handled promptly at the lowest level of management having the authority to adjust the grievances. Grievances and grievance responses may be filed by hand-delivery, mail (including email), or courier. Documents shall be deemed filed upon receipt during regular business hours (8:00 a.m. to 5:00 p.m.). Documents received after business hours shall be considered received the next business day.\n(B) There shall be no reprisals against any of the participants in the procedures contained herein by reason of such participation.\n(C) The filing or pendency of a grievance under the provisions of this Article shall in no way operate to impede, delay or interfere with the right of the state to take the action complained of, subject, however, to the final disposition of the grievance.\n(D) After a grievance is presented, no new violation or issue can be raised unless the Parties agree in writing to revise or amend the alleged violations or issues, or upon a party\u2019s showing of good cause for the consideration of such new issue, but in no event later than the filing of a contract language grievance at Step 3, or the filing of a disciplinary grievance at Step 2. When an issue is unchanged, but it is determined that an article, section, or paragraph of the Agreement has been cited imprecisely or erroneously by the grievant, the grievant shall have the right to amend that part of his grievance.\n(E) The resolution of a grievance prior to its submission in writing to Arbitration shall not establish a precedent binding on either the PBA or the state in other cases.\n(F) If a grievance meeting, mediation, or arbitration hearing is held or requires reasonable travel time during the regular work hours of the grievant, a representative of the grievant, or any required witnesses, such hours shall be deemed time worked. Attendance at grievance meetings, mediation, or arbitration hearings outside of a participant\u2019s regular work hours shall not be deemed time worked. The state will not pay the expenses of participants attending such meetings on behalf of the PBA. All grievance meetings shall be held at times and locations agreed to by the parties except that, unless agreed otherwise, all meetings shall be held within 50 miles of the grievant\u2019s place of work.\n(G) Grievances shall be presented and adjusted in the following manner, and no individual may respond to a grievance at more than one written step.\n(1) Step 1.\n(a) An employee having a grievance may, within 15 days following the date on which the employee knew or should have known of the event giving rise to the grievance, submit a grievance at Step 1. In filing a grievance at Step 1, the grievant or designated representative shall submit to the Step 1 Management Representative a grievance form as contained in Appendix B of this Agreement setting forth specifically the complete facts on which the grievance is based, the specific provision or provisions of the Agreement allegedly violated, and the relief requested. In discipline cases, it shall be presumed that the grievance alleges that the discipline was without cause and requests the grievant to be made whole.\n(b) The Step 1 Management Representative or designee shall communicate a decision in writing to the grievant and to the PBA Grievance Representative, if any, within 15 days following receipt of the written grievance. If the Management Representative fails to respond within the time limit, it shall be deemed a denial.", "snippet_links": [{"key": "grievances-filed", "type": "clause", "offset": [13, 29]}, {"key": "in-accordance-with", "type": "definition", "offset": [30, 48]}, {"key": "lowest-level", "type": "clause", "offset": [110, 122]}, {"key": "of-management", "type": "clause", "offset": [123, 136]}, {"key": "authority-to", "type": "definition", "offset": [148, 160]}, {"key": "grievance-responses", "type": "clause", "offset": [199, 218]}, {"key": "by-hand", "type": "clause", "offset": [232, 239]}, {"key": "upon-receipt", "type": "definition", "offset": [318, 330]}, {"key": "regular-business-hours", "type": "definition", "offset": [338, 360]}, {"key": "documents-received", "type": "clause", "offset": [387, 405]}, {"key": "next-business-day", "type": "definition", "offset": [460, 477]}, {"key": "no-reprisals", "type": "clause", "offset": [498, 510]}, {"key": "the-participants", "type": 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Procedures", "Safety <strong>Procedures</strong>"], ["appeal-procedures", "Appeal Procedures", "Appeal <strong>Procedures</strong>"], ["formal-procedures", "Formal Procedures", "Formal <strong>Procedures</strong>"]], "related_snippets": [], "updated": "2026-04-25T05:56:14+00:00", "also_ask": ["What procedural steps are essential to include to avoid ambiguity or disputes?", "How can the procedures clause be leveraged strategically during negotiations?", "What are the most common enforceability challenges courts raise with procedural clauses?", "How do standard procedures clauses differ across jurisdictions or industries?", "What are the critical risks if procedural requirements are vague or incomplete?"], "drafting_tip": "Specify each procedural step to prevent misinterpretation, assign responsibilities to clarify accountability, and set timelines to ensure timely compliance.", "explanation": "The Procedures clause outlines the specific steps or processes that parties must follow to fulfill their obligations under the agreement. It typically details how actions such as notifications, approvals, or dispute resolutions should be carried out, often specifying timelines, required documentation, or responsible parties. By clearly defining these operational steps, the clause ensures consistency, reduces misunderstandings, and helps prevent disputes by providing a clear roadmap for compliance."}, "json": true, "cursor": ""}}