Indemnifying Party definition

Indemnifying Party shall have the meaning set forth in Section 5(c).
Indemnifying Party has the meaning set forth in Section 8.05.
Indemnifying Party has the meaning set forth in Section 7.3.

Examples of Indemnifying Party in a sentence

  • No Indemnifying Party shall, without the prior written consent of the Indemnified Party, effect any settlement of any pending Proceeding in respect of which any Indemnified Party is a party, unless such settlement includes an unconditional release of such Indemnified Party from all liability on claims that are the subject matter of such Proceeding.

  • The failure to give such prompt written notice shall not, however, relieve the Indemnifying Party of its indemnification obligations, except and only to the extent that the Indemnifying Party forfeits rights or defenses by reason of such failure.

  • If an Indemnifying Party is obligated to indemnify and hold any Indemnified Party harmless under this Article 18, the amount owing to the Indemnified Party shall be the amount of such Indemnified Party’s actual Loss, net of any insurance or other recovery.

  • The Indemnified Party shall be entitled, at its expense, to participate in any such action, suit or proceeding, the defense of which has been assumed by the Indemnifying Party.

  • Except as stated below, the Indemnifying Party shall have the right to assume the defense thereof with counsel designated by such Indemnifying Party and reasonably satisfactory to the Indemnified Party.


More Definitions of Indemnifying Party

Indemnifying Party has the meaning set forth in Section 9.4(a).
Indemnifying Party is defined in Section 4.3.
Indemnifying Party has the meaning set forth in Section 6.04(a).
Indemnifying Party shall have the meaning set forth in Section 8.3.
Indemnifying Party shall have the meaning set forth in Section 4.4(a).
Indemnifying Party means a Person that is obligated to provide indemnification under this Agreement.
Indemnifying Party shall have the meaning set forth in Section 8.8(c)(i).