Common use of Limitations of Right to Assume Defense Clause in Contracts

Limitations of Right to Assume Defense. The Representative shall not be entitled to assume control of such defense and, subject to the limitations of Section 7.4, shall pay the reasonable fees and expenses of one counsel retained by Ascend or the Committee if the Third Party Claim relates to or arises in connection with any criminal proceeding, action, indictment, allegation or investigation..

Appears in 1 contract

Sources: Merger Agreement (Ascend Acquisition Corp.)

Limitations of Right to Assume Defense. The Representative shall not be entitled to assume control of such defense and, subject to the limitations of Section 7.4, shall pay the reasonable fees and expenses of one counsel retained by Ascend or the Committee if the Ascend Third Party Claim relates to or arises in connection with any criminal proceeding, action, indictment, allegation or investigation..

Appears in 1 contract

Sources: Merger Agreement (Ascend Acquisition Corp.)

Limitations of Right to Assume Defense. The Representative Representatives shall not be entitled to assume control of such defense and, subject to the limitations of Section 7.48.4, shall pay the reasonable fees and expenses of one counsel retained by Ascend or the Committee if the Ascend Third Party Claim relates to or arises in connection with any criminal proceeding, action, indictment, allegation or investigation...

Appears in 1 contract

Sources: Merger Agreement (Ascend Acquisition Corp.)