Common use of Relative Fault Clause in Contracts

Relative Fault. The relative fault of the Third Parties and the Indemnitee shall be determined (i) by reference to the relative fault of Indemnitee as determined by the court or other governmental agency assessing the Contribution Damages, or (ii) to the extent such court or other governmental agency does not apportion relative fault, by the Reviewing Party (which shall include Special Counsel) after giving effect to, among other things, the relative intent, knowledge, access to information, and opportunity to prevent or correct the applicable Indemnifiable Event and other relevant equitable considerations of each party. The Company and Indemnitee agree that it would not be just and equitable if contribution pursuant to this Section 8 were determined by pro rata allocation or by any other method of allocation which does take account of the equitable considerations referred to in this Section 8(b).

Appears in 1 contract

Samples: Indemnification Agreement (National Instruments Corp)

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Relative Fault. The relative fault of the Third Parties and the Indemnitee shall be determined (i) by reference to the relative fault of Indemnitee as determined by the court or other governmental agency assessing the Contribution Damages, Damages or (ii) to the extent such court or other governmental agency does not apportion relative fault, by the Reviewing Party (which shall include Special Counsel) after giving effect to, among other things, the relative intent, knowledge, access to information, and opportunity to prevent or correct the applicable Indemnifiable Event and other relevant equitable considerations of each party. The Company and Indemnitee agree that it would not be just and equitable if contribution pursuant to this Section 8 7 were determined by pro rata allocation or by any other method of allocation which does [not?] take account of the equitable considerations referred to in this Section 8(b7(b).

Appears in 1 contract

Samples: Indemnification Agreement (Halsey J L Corp)

Relative Fault. The relative fault of the Third Parties and the Indemnitee shall be determined (i) by reference to the relative fault of Indemnitee as determined by the court or other governmental agency assessing the Contribution Damages, Damages or (ii) to the extent such court or other governmental agency does not apportion relative fault, by the Reviewing Party (which shall include Special Counsel) after giving effect to, among other things, the relative intent, knowledge, access to information, and opportunity to prevent or correct the applicable Indemnifiable Event and other relevant equitable considerations of each party. The Company and Indemnitee agree that it would not be just and equitable if contribution pursuant to this Section 8 6 were determined by pro rata allocation or by any other method of allocation which does not take account of the equitable considerations referred to in this Section 8(b6(b).

Appears in 1 contract

Samples: Indemnification Agreement (Lyris, Inc.)

Relative Fault. The relative fault of the Third Parties and the Indemnitee shall be determined (i) by reference to the relative fault of Indemnitee as determined by the court or other governmental agency assessing the Contribution Damages, Amounts or (ii) to the extent such court or other governmental agency does not apportion relative fault, by a majority of the Reviewing Party (which shall include Special Counsel) disinterested members of the Company's Board of Directors after giving effect to, among other things, the relative intent, knowledge, access to information, and opportunity to prevent or correct the applicable Indemnifiable Event and other relevant equitable considerations of each party. The Company and Indemnitee agree that it would not be just and equitable if contribution pursuant to this Section 8 SECTION 5(b) were determined by pro rata allocation or by any other method of allocation which does take account of the equitable considerations referred to in this Section 8(bSECTION 5(b).

Appears in 1 contract

Samples: Indemnification Agreement (Successories Inc)

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Relative Fault. The relative fault of the Third Parties and the Indemnitee shall be determined (i) by reference to the relative fault of Indemnitee as determined by the court or other governmental agency assessing the Contribution Damages, Damages or (ii) to the extent such court or other governmental agency does not apportion relative fault, by the Reviewing Party (which shall include Special Counsel) after giving effect to, among other things, the relative intent, knowledge, access to information, and opportunity to prevent or correct the applicable Indemnifiable Event and other relevant equitable considerations of each party. The Company and Indemnitee agree that it would not be just and equitable if contribution pursuant to this Section 8 7 were determined by pro rata allocation or by any other method of allocation which does take account of the equitable considerations referred to in this Section 8(b7(b).

Appears in 1 contract

Samples: Indemnification Agreement (Champion Communication Services Inc)

Relative Fault. The relative fault of the Third Parties and the Indemnitee shall be determined (i) by reference to the relative fault of Indemnitee as determined by the court or other governmental agency assessing the Contribution Damages, Amounts or (ii) to the extent such court or other governmental agency does not apportion relative fault, by the Reviewing Party (which shall include Special Counsel) after giving effect to, among other things, the relative intent, knowledge, access to information, and opportunity to prevent or correct the applicable Indemnifiable Event and other relevant equitable considerations of each party. The Company and Indemnitee agree that it would not be just and equitable if contribution pursuant to this Section 8 7 were determined by pro rata allocation or by any other method of allocation which does not take account of the equitable considerations referred to in this Section 8(b7(c).

Appears in 1 contract

Samples: Indemnification Agreement (Chase Industries Inc)

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