Common use of Request for Indemnification and Indemnification Payments Clause in Contracts

Request for Indemnification and Indemnification Payments. Indemnitee shall notify the Company promptly in writing upon receiving notice of any demand, judgment or other requirement for payment that Indemnitee reasonably believes to be subject to indemnification under the terms of this Agreement, and shall request payment thereof by the Company. The failure of Indemnitee to so notify the Company shall not relieve the Company of any obligation which it may have to Indemnitee under this Agreement, except to the extent the Company is prejudiced by such failure to notify. Indemnification payments requested by Indemnitee under Section 3 hereof shall be made by the Company no later than sixty (60) days after receipt of the written request of Indemnitee. Claims for advancement of expenses shall be made under the provisions of Section 6 herein.

Appears in 2 contracts

Samples: Indemnity Agreement (AmpliPhi Biosciences Corp), Indemnity Agreement (HTG Molecular Diagnostics, Inc)

AutoNDA by SimpleDocs

Request for Indemnification and Indemnification Payments. Indemnitee shall notify the Company promptly in writing upon receiving notice of any demand, judgment or other requirement for payment that Indemnitee reasonably believes to be subject to indemnification under the terms of this Agreement, and shall request payment thereof by the Company. The failure of Indemnitee to so notify the Company shall not relieve the Company of any obligation which it may have to Indemnitee under this Agreement, except Agreement or otherwise to the extent that the Company is not materially prejudiced by such failure to notify. Indemnification payments requested by Indemnitee under Section 3 hereof shall be made by the Company no later than sixty (60) days after receipt of the written request of Indemnitee. Claims for advancement of expenses shall be made under the provisions of Section 6 hereinhereof.

Appears in 1 contract

Samples: Indemnity Agreement (Gsi Commerce Inc)

AutoNDA by SimpleDocs

Request for Indemnification and Indemnification Payments. Indemnitee shall notify the Company promptly in writing upon receiving notice of any demand, judgment or other requirement for payment that Indemnitee reasonably believes to be subject to indemnification under the terms of this Agreement, and shall request payment thereof by the Company. The failure of by the Indemnitee to so timely notify the Company hereunder shall not relieve the Company of from any obligation which it may have to Indemnitee under this Agreement, except liability hereunder other than to the extent the Company is Company’s ability to participate in the defense of such claim was materially and adversely prejudiced by such failure to notifyfailure. Indemnification payments requested by Indemnitee under Section 3 hereof shall be made by the Company no later than sixty (60) days after receipt of the written request of Indemnitee. Claims for advancement of expenses shall be made under the provisions of Section 6 7 herein.

Appears in 1 contract

Samples: Indemnity Agreement (True Drinks Holdings, Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.