General Conditions of Indemnification. As a condition to receiving indemnification, the party seeking indemnification shall: • Give written notice to the indemnifying party of any indemnified claim, demand or action within 15 days after it has knowledge thereof; • Permit the indemnifying party at its option to assume control of the defense of such claim, demand or action; • Give full cooperation in the investigation and defense on request; • Use its best efforts to mitigate the damages; and • Not compromise or settle such claim, demand or action without the indemnifying party's written consent.
Appears in 1 contract
Sources: Administrative Service Contract
General Conditions of Indemnification. As a condition to receiving indemnification, the party seeking indemnification The indemnified Party shall: • :
i) Give written notice to the indemnifying party Party of any indemnified claim, demand or demandor action within 15 fifteen (15) business days after it has knowledge thereof; • ;
ii) Permit the indemnifying party Party at its option to assume control of the defense of such ofsuch claim, demand or action; • ;
iii) Give full cooperation in the investigation and defense on request; • ;
iv) Use its best efforts to mitigate the damages; and • and
v) Not compromise or settle such claim, demand or action without the indemnifying party's Party’s written consent.
Appears in 1 contract
Sources: Administrative Services Agreement
General Conditions of Indemnification. As a condition Each Party’s agreement to receiving indemnificationindemnify, defend and hold the party seeking indemnification shallother Party and its respective indemnitees harmless is conditioned upon the indemnified Party: • Give (a) providing written notice to the indemnifying party Party of any indemnified claim, demand or action arising out of the indemnified activities within 15 thirty (30) days after it the indemnified Party has knowledge thereof; • Permit the indemnifying party at its option to assume control of the defense of such claim, demand or action; • Give full cooperation in the investigation and defense on request; • Use its best efforts to mitigate the damages; and • Not compromise or settle such claim, demand or action without (b) permitting the indemnifying party's written consent.Party to assume full responsibility and authority to investigate, prepare for and defend against any such claim or
Appears in 1 contract
Sources: Sponsored Research Agreement
General Conditions of Indemnification. As a condition to receiving indemnification, the party seeking indemnification The indemnified Party shall: • :
i) Give written notice to the indemnifying party Party of any indemnified claim, demand or action within 15 fifteen (15) business days after it has knowledge thereof; • ;
ii) Permit the indemnifying party Party at its option to assume control of the defense of such claim, demand or action; • ;
iii) Give full cooperation in the investigation and defense on request; • ;
iv) Use its best efforts to mitigate the damages; and • and
v) Not compromise or settle such claim, demand or action without the indemnifying party's Party’s written consent.
Appears in 1 contract
Sources: Administrative Services Agreement