Common use of Notification of Claims Clause in Contracts

Notification of Claims. Indemnitee shall notify the Company in writing as soon as practicable of any Claim which could relate to an Indemnifiable Event or for which Indemnitee could seek Expense Advances, including a brief description (based upon information then available to Indemnitee) of the nature of, and the facts underlying, such Claim. The failure by Indemnitee to timely notify the Company hereunder shall not relieve the Company from any liability hereunder unless the Company’s ability to participate in the defense of such claim was materially and adversely affected by such failure.

Appears in 19 contracts

Sources: Indemnification Agreement (FireFly Automatix, Inc.), Indemnification Agreement (Exzeo Group, Inc.), Indemnification Agreement (Lode-Star Mining Inc.)

Notification of Claims. Indemnitee shall notify the Company in writing as soon as practicable of any Claim which could relate to an Indemnifiable Event or for which Indemnitee could seek Expense Advances, including a brief description (based upon information then available to Indemnitee) of the nature of, and the facts underlying, such Claim. The failure by Indemnitee to timely notify the Company hereunder shall not relieve the Company from any liability hereunder unless the Company’s 's ability to participate in the defense of such claim was materially and adversely affected by such failure.

Appears in 5 contracts

Sources: Indemnification Agreement (Lightwave Logic, Inc.), Indemnification Agreement (Command Center, Inc.), Indemnification Agreement (Dipexium Pharmaceuticals, Inc.)

Notification of Claims. Indemnitee shall notify the Company in writing as soon as practicable of any Claim which could relate to an Indemnifiable Event or for which Indemnitee could seek Expense Advances, including a brief description (based upon information then available to Indemnitee) of the nature of, and the facts underlying, such Claim. The failure by Indemnitee to timely notify the Company hereunder shall not relieve the Company from any liability hereunder unless other than to the extent the Company’s ability to participate in the defense of such claim was materially and adversely affected prejudiced by such failure.

Appears in 2 contracts

Sources: Indemnification Agreement (Appfolio Inc), Indemnification Agreement (Tandem Diabetes Care Inc)

Notification of Claims. Indemnitee shall notify the Company in writing as soon as practicable of any Claim which could constitute or relate to an Indemnifiable Event or for which Indemnitee could seek Expense Advances, including a brief description (based upon information then available to Indemnitee) of the nature of, and the facts underlying, such Claim. The failure by Indemnitee to timely notify the Company hereunder shall not relieve the Company from any liability hereunder unless other than to the extent the Company’s ability to participate in the defense of such claim was materially and adversely affected prejudiced by such failure.

Appears in 2 contracts

Sources: Indemnification Agreement (First Foundation Inc.), Indemnification Agreement (First Foundation Inc.)

Notification of Claims. Indemnitee shall notify the Company in writing as soon as practicable of any Claim which could relate to an Indemnifiable Event or for which Indemnitee could seek Expense Advances, including a brief description (based upon information then available to Indemnitee) of the nature of, and the facts underlying, such Claim. The failure by Indemnitee to timely notify the Company hereunder shall not relieve the Company from any liability hereunder unless other than to the extent the Company’s ability to participate in the defense of such claim was materially and adversely affected by such failure.

Appears in 1 contract

Sources: Indemnification Agreement (Biocept Inc)

Notification of Claims. Indemnitee shall notify the Company in writing as soon as reasonably practicable after receiving written notice or otherwise obtaining knowledge of any Claim which could relate to an Indemnifiable Event or for which Indemnitee could seek Expense Advances, including a brief description (based upon information then available to Indemnitee) of the nature of, and the facts underlying, such Claim. The failure by Indemnitee to timely notify the Company hereunder shall not relieve the Company from any liability hereunder unless (and then only to the extent) such failure materially prejudices the Company’s ability to participate in the defense of such claim was materially and adversely affected by such failure.

Appears in 1 contract

Sources: Indemnification Agreement (Schnitzer Steel Industries Inc)

Notification of Claims. Indemnitee shall notify the Company in writing as soon as practicable of any Claim which could relate to an Indemnifiable Event or for which Indemnitee could may seek indemnification or an Expense AdvancesAdvance hereunder, including a brief description (based upon information then available to Indemnitee) of the nature of, and the facts underlying, such Claim. The failure by Indemnitee to timely notify the Company hereunder shall not relieve the Company from any liability hereunder unless and to the extent that the Company’s 's ability to participate in the defense of such claim was materially and adversely affected by such failure.

Appears in 1 contract

Sources: Indemnification Agreement (Celsius Holdings, Inc.)