Common use of RIGHT TO ASSUME CONTROL Clause in Contracts

RIGHT TO ASSUME CONTROL. OF DEFENSE XXXXX has no duty to investigate, handle, settle or defend any claims, suits or proceedings against the Member. XXXXX has the discretionary right, and shall be given the opportunity by the Member, to assume control of the defense, investigation, or settlement of any claim, suit or proceeding which appears to PERMA to involve a reasonable likelihood of resulting in a covered loss exceeding the Member's Retained Limit or to associate in the defense of such a claim. In either situation, the Member shall cooperate in all aspects of defense, investigation, or settlement, including payment of sums up to the Member's Retained Limit.