Common use of Indemnifying Party Clause in Contracts

Indemnifying Party. The party to the Agreement (not the Indemnified Party) that, in the event of a claim or liability asserted by a third party against the Indemnified Party which would give rise to a claim for indemnification under the provisions of this Agreement, may at its own expense, and upon written notice to the Indemnified Party, compromise or defend such claim.

Appears in 8 contracts

Sources: Asset Exchange Agreement (Salem Communications Corp /De/), Asset Purchase Agreement (Childrens Broadcasting Corp), Asset Purchase Agreement (American Radio Systems Corp /Ma/)

Indemnifying Party. The party to the Agreement (not the Indemnified ------------------- Party) that, in the event of a claim or liability asserted by a third party against the Indemnified Party which would give rise to a claim for indemnification under the provisions of this Agreement, may at its own expense, and upon written notice to the Indemnified Party, compromise or defend such claim.

Appears in 4 contracts

Sources: Local Programming and Marketing Agreement and Put/Call Agreement (Salem Communications Corp /De/), Asset Purchase Agreement (Salem Communications Corp /De/), Tower Purchase Agreement (Salem Communications Corp /De/)

Indemnifying Party. The party to the Agreement (not the ------------------- Indemnified Party) that, in the event of a claim or liability asserted by a third party against the Indemnified Party which would give rise to a claim for indemnification under the provisions of this Agreement, may at its own expense, and upon written notice to the Indemnified Party, compromise or defend such claim.

Appears in 3 contracts

Sources: Asset Purchase Agreement (Salem Communications Corp /De/), Asset Purchase Agreement (Salem Communications Corp /De/), Asset Purchase Agreement (Salem Communications Corp /De/)

Indemnifying Party. The party to the Agreement (not the Indemnified Party) that, in the event of a claim or liability asserted by a third party against the Indemnified Party which would give rise to a claim for indemnification under the provisions of this Agreement, may at its own expense, and upon written notice to the Indemnified Party, compromise or defend such claim.

Appears in 1 contract

Sources: Asset Purchase Agreement (Salem Communications Corp /De/)