Settlement without Consent if Failure to Reimburse. If at any time an indemnified party shall have requested an indemnifying party to reimburse the indemnified party for fees and expenses of counsel, such indemnifying party agrees that it shall be liable for any settlement of the nature contemplated by Section 6(a)(ii) effected without its written consent if (i) such settlement is entered into more than 45 days after receipt by such indemnifying party of the aforesaid request, (ii) such indemnifying party shall have received notice of the terms of such settlement at least 30 days prior to such settlement being entered into and (iii) such indemnifying party shall not have reimbursed such indemnified party in accordance with such request prior to the date of such settlement; provided that an indemnifying party shall not be liable for any such settlement effected without its consent if such indemnifying party, prior to the date of such settlement, (1) reimburses such indemnified party in accordance with such request for the amount of such fees and expenses of counsel as the indemnifying party believes in good faith to be reasonable, and (2) provides written notice to the indemnified party that the indemnifying party disputes in good faith the reasonableness of the unpaid balance of such fees and expenses.
Appears in 67 contracts
Sources: Underwriting Agreement (Main Street Capital CORP), Underwriting Agreement (Main Street Capital CORP), Underwriting Agreement (Main Street Capital CORP)
Settlement without Consent if Failure to Reimburse. If at any time an indemnified party shall have requested an indemnifying party to reimburse the indemnified party for fees and expenses of counsel, such indemnifying party agrees that it shall be liable for any settlement of the nature contemplated by Section 6(a)(ii) effected without its written consent if (i) such settlement is entered into more than 45 days after receipt by such indemnifying party of the aforesaid request, (ii) such indemnifying party shall have received notice of the terms of such settlement at least 30 days prior to such settlement being entered into and (iii) such indemnifying party shall not have reimbursed such indemnified party in accordance with such request prior to the date of such settlement; provided that . Notwithstanding the immediately preceding sentence, if at any time an indemnified party shall have requested an indemnifying party to reimburse the indemnified party for fees and expenses of counsel, an indemnifying party shall not be liable for any such settlement of the nature contemplated by Section 6(a)(ii) effected without its consent if such indemnifying party, prior to the date of such settlement, party (1i) reimburses such indemnified party in accordance with such request for to the amount of extent it considers such fees and expenses of counsel as the indemnifying party believes in good faith request to be reasonable, reasonable and (2ii) provides written notice to the indemnified party that the indemnifying party disputes in good faith the reasonableness of substantiating the unpaid balance as unreasonable, in each case prior to the date of such fees and expensessettlement.
Appears in 27 contracts
Sources: Underwriting Agreement (Darden Restaurants Inc), Underwriting Agreement (Darden Restaurants Inc), Underwriting Agreement (H&r Block Inc)
Settlement without Consent if Failure to Reimburse. If The indemnifying party under this Section 6 shall not be liable for any settlement of any proceeding effected without its written consent, which consent shall not be unreasonably withheld, but if settled with such consent or if there be a final judgment for the plaintiff, the indemnifying party agrees to indemnify the indemnified party against any loss, claim, damage, liability or expense by reason of such settlement or judgment. Notwithstanding the foregoing sentence, if at any time an indemnified party shall have requested an indemnifying party to reimburse the indemnified party for fees and expenses of counselcounsel as contemplated by Section 6(d) hereof, such the indemnifying party agrees that it shall be liable for any settlement of the nature contemplated by Section 6(a)(ii) any proceeding effected without its written consent if (i) such settlement is entered into more than 45 60 days after receipt by such indemnifying party of the aforesaid request, request and (ii) such indemnifying party shall have received notice of the terms of such settlement at least 30 days prior to such settlement being entered into and (iii) such indemnifying party shall not have reimbursed such the indemnified party in accordance with such request prior to the date of such settlement; provided that an . No indemnifying party shall not be liable for any such settlement effected shall, without its the prior written consent if such indemnifying of the indemnified party, prior effect any settlement, compromise or consent to the date entry of judgment in any pending or threatened action, suit or proceeding in respect of which any indemnified party is or could have been a party and indemnity was or could have been sought hereunder by such indemnified party, unless such settlement, compromise or consent includes (1i) reimburses an unconditional release of such indemnified party in accordance with such request for from all liability on claims that are the amount subject matter of such fees and expenses of counsel as the indemnifying party believes in good faith to be reasonableaction, suit or proceeding and (2ii) provides written notice does not include a statement as to the or an admission of fault, culpability or a failure to act by or on behalf of any indemnified party that the indemnifying party disputes in good faith the reasonableness of the unpaid balance of such fees and expensesparty.
Appears in 26 contracts
Sources: Underwriting Agreement (AGNC Investment Corp.), Underwriting Agreement (AGNC Investment Corp.), Underwriting Agreement (AGNC Investment Corp.)
Settlement without Consent if Failure to Reimburse. If If, at any time time, an indemnified party shall have requested an indemnifying party to reimburse the indemnified party for fees and expenses of counsel, such indemnifying party agrees that it shall be liable for any settlement of the nature contemplated by Section 6(a)(ii) hereof effected without its prior written consent if (i) such settlement is entered into more than 45 days after receipt by such indemnifying party of the aforesaid request, (ii) such indemnifying party shall have received notice of the terms of such settlement at least 30 days prior to such settlement being entered into and (iii) such indemnifying party shall not have reimbursed such indemnified party in accordance with such request prior to the date of such settlement; provided that an indemnifying party shall not be liable for any such settlement effected without its prior written consent if such indemnifying party, prior to the date of such settlement, party (1A) reimburses such indemnified party in accordance with such request for to the amount of extent it considers such fees and expenses of counsel as the indemnifying party believes in good faith request to be reasonable, reasonable and (2B) provides written notice to the indemnified party that the indemnifying party disputes in good faith the reasonableness of substantiating the unpaid balance as unreasonable, in each case prior to the date of such fees and expensessettlement.
Appears in 26 contracts
Sources: Underwriting Agreement (Ventas, Inc.), Underwriting Agreement (Ventas, Inc.), Underwriting Agreement (Ventas, Inc.)
Settlement without Consent if Failure to Reimburse. If at any time an indemnified party shall have requested in writing an indemnifying party to reimburse the indemnified party for fees and expenses of counsel, such indemnifying party agrees that it shall be liable for any settlement of the nature contemplated by Section 6(a)(ii) effected without its written consent if (i) such settlement is entered into more than 45 days after receipt by such indemnifying party of the aforesaid written request, (ii) such indemnifying party shall have received notice of the terms of such settlement at least 30 days prior to such settlement being entered into and (iii) such indemnifying party shall not have reimbursed such indemnified party in accordance with such written request prior to the date of such settlement; provided that . Notwithstanding the immediately preceding sentence, if at any time an indemnified party shall have requested in writing an indemnifying party to reimburse the indemnified party for fees and expenses of counsel, an indemnifying party shall not be liable for any such settlement of the nature contemplated by Section 6(a)(ii) effected without its written consent if (x) such indemnifying party, prior to the date of such settlement, (1) party reimburses such indemnified party in accordance with such request for to the amount of extent it considers such fees and expenses of counsel as the indemnifying party believes in good faith request to be reasonable, ; and (2y) such indemnifying party provides written notice to the indemnified party that the indemnifying party disputes in good faith the reasonableness of substantiating the unpaid balance as unreasonable, in each case prior to the date of such fees and expensessettlement.
Appears in 23 contracts
Sources: Underwriting Agreement (Autozone Inc), Underwriting Agreement (Autozone Inc), Underwriting Agreement (Autozone Inc)
Settlement without Consent if Failure to Reimburse. If at any time an indemnified party shall have requested an indemnifying party to reimburse the indemnified party for fees and expenses of counsel, such indemnifying party agrees that it shall be liable for any settlement of the nature contemplated by Section 6(a)(ii5(a)(ii) effected without its written consent if (i) such settlement is entered into more than 45 days after receipt by such indemnifying party of the aforesaid request, (ii) such indemnifying party shall have received notice of the terms of such settlement at least 30 days prior to such settlement being entered into and (iii) such indemnifying party shall not have reimbursed such indemnified party in accordance with such request prior to the date of such settlement; provided that . Notwithstanding the immediately preceding sentence, if at any time an indemnified party shall have requested an indemnifying party to reimburse the indemnified party for fees and expenses of counsel, an indemnifying party shall not be liable for any such settlement of the nature contemplated by Section 5(a)(ii) effected without its consent if such indemnifying party, prior to the date of such settlement, party (1i) reimburses such indemnified party in accordance with such request for to the amount of extent it considers such fees and expenses of counsel as the indemnifying party believes in good faith request to be reasonable, reasonable and (2ii) provides written notice to the indemnified party that the indemnifying party disputes in good faith the reasonableness of substantiating the unpaid balance as unreasonable, in each case prior to the date of such fees and expensessettlement.
Appears in 13 contracts
Sources: Equity Distribution Agreement (Affiliated Managers Group, Inc.), Equity Distribution Agreement (Affiliated Managers Group, Inc.), Equity Distribution Agreement (Affiliated Managers Group, Inc.)
Settlement without Consent if Failure to Reimburse. If at any time an indemnified party shall have validly requested an indemnifying party to reimburse the indemnified party for fees and expenses of counsel, such indemnifying party agrees that it shall be liable for any settlement of the nature contemplated by Section 6(a)(ii7(a)(ii) effected without its written consent if (i) such settlement is entered into more than 45 days after receipt by such indemnifying party of the aforesaid request, (ii) such indemnifying party shall have received notice of the terms of such settlement at least 30 days prior to such settlement being entered into and (iii) such indemnifying party shall not have reimbursed such indemnified party in accordance with such request prior to the date of such settlement; provided , provided, however, that an indemnifying party shall not be liable for any such settlement effected without its consent if such indemnifying partyparty (1) reimburses such indemnified party with respect to those fees and expenses of counsel that it determines in good faith are reasonable and (2) provides written notice within 10 days after receipt of the request for reimbursement to the indemnified party substantiating the unpaid balance as unreasonable, in each case prior to the date of such settlement, (1) reimburses such indemnified party in accordance with such request for the amount of such fees and expenses of counsel as the indemnifying party believes in good faith to be reasonable, and (2) provides written notice to the indemnified party that the indemnifying party disputes in good faith the reasonableness of the unpaid balance of such fees and expenses.
Appears in 12 contracts
Sources: Placement Agreement (Lakeland Bancorp Inc), Placement Agreement (American Safety Insurance Group LTD), Placement Agreement (Northeast Bancorp /Me/)
Settlement without Consent if Failure to Reimburse. If at any time an indemnified party shall have requested an indemnifying party to reimburse the indemnified party for fees and expenses of counsel, such indemnifying party agrees that it shall be liable for any settlement of the nature contemplated by Section 6(a)(ii) effected without its written consent if (i) such settlement is entered into more than 45 days after receipt by such indemnifying party of the aforesaid request, (ii) such indemnifying party shall have received notice of the terms of such settlement at least 30 days prior to such settlement being entered into into, and (iii) such indemnifying party shall not have reimbursed such indemnified party in accordance with such request prior to the date of such settlement; provided that an indemnifying party shall not be liable for any such settlement effected without its consent if such indemnifying party, prior to the date of such settlement, (1) reimburses such indemnified party in accordance with such request for the amount of such fees and expenses of counsel as the indemnifying party believes in good faith to be reasonable, and (2) provides written notice to the indemnified party that the indemnifying party disputes in good faith the reasonableness of the unpaid balance of such fees and expenses.
Appears in 10 contracts
Sources: Purchase Agreement (Timken Co), Purchase Agreement (Timken Co), Purchase Agreement (CSK Auto Corp)
Settlement without Consent if Failure to Reimburse. If at any time an indemnified party shall have requested an indemnifying party to reimburse the indemnified party for fees and expenses of counsel, such indemnifying party agrees that it shall be liable for any settlement of the nature contemplated by Section 6(a)(ii7(a)(ii) effected without its written consent if (i) such settlement is entered into more than 45 60 days after receipt by such indemnifying party of the aforesaid request, (ii) such indemnifying party shall have received notice of the terms of such settlement at least 30 45 days prior to such settlement being entered into and (iii) such indemnifying party shall not have reimbursed such indemnified party for the indemnified party’s reasonable fees and expenses of counsel in accordance with such request prior to the date of such settlement; provided that . Notwithstanding the immediately preceding sentence, if at any time an indemnified party shall have requested an indemnifying party to reimburse the indemnified party for fees and expenses of counsel, an indemnifying party shall not be liable for any such settlement effected without its consent if such indemnifying party, prior to the date of such settlement, party (1A) reimburses such indemnified party in accordance with such request for to the amount of extent it considers such fees and expenses of counsel as the indemnifying party believes in good faith request to be reasonable, reasonable and (2B) provides written notice to the indemnified party that disputing the indemnifying party disputes unpaid balance in good faith the reasonableness of and substantiating the unpaid balance as unreasonable, in each case prior to the date of such fees settlement, subject to provision of notice by the indemnified party in accordance with (i) and expenses(ii) above.
Appears in 10 contracts
Sources: Underwriting Agreement (Quest Diagnostics Inc), Underwriting Agreement (Quest Diagnostics Inc), Underwriting Agreement (Quest Diagnostics Inc)
Settlement without Consent if Failure to Reimburse. If at any time an indemnified party shall have requested an indemnifying party to reimburse the indemnified party for fees and expenses of counsel, such indemnifying party agrees that it shall be liable for any settlement of any claim, suit, litigation, or any investigation or proceeding by any governmental agency or body, commenced or threatened, arising out of the nature contemplated by events or occurrences described in Section 6(a)(iiVIII(a) (if the Company and Trust are the indemnifying parties) or Section VIII(b) (if an Agent is an indemnifying party), and such settlement is effected without its the indemnifying party's written consent if (i) such settlement is entered into more than 45 days after receipt by such indemnifying party of the aforesaid request, (ii) such indemnifying party shall have received notice of the terms of such settlement at least 30 days prior to such settlement being entered into and (iii) such indemnifying party shall not have reimbursed such indemnified party in accordance with such request prior to the date of such settlement; provided that . Notwithstanding the immediately preceding sentence, if at any time an indemnified party shall have requested an indemnifying party to reimburse the indemnified party for fees and expenses of counsel, an indemnifying party shall not be liable for any such settlement of the nature contemplated by this Section VIII(d) effected without its consent if such indemnifying party, prior to the date of such settlement, party (1i) reimburses such indemnified party in accordance with such request for to the amount of extent it considers such fees and expenses of counsel as the indemnifying party believes in good faith request to be reasonable, reasonable and (2ii) provides written notice to the indemnified party that the indemnifying party disputes in good faith the reasonableness of substantiating the unpaid balance as unreasonable, in each case prior to the date of such fees and expensessettlement.
Appears in 10 contracts
Sources: Omnibus Instrument (Protective Life Insurance Co), Omnibus Instrument (Protective Life Insurance Co), Omnibus Instrument (Protective Life Insurance Co)
Settlement without Consent if Failure to Reimburse. If at any time an indemnified party shall have requested an indemnifying party to reimburse the indemnified party for fees and expenses of counsel, such indemnifying party agrees that it shall be liable for any settlement of the nature contemplated by Section 6(a)(ii) effected without its written consent if (i) such settlement is entered into more than 45 days after receipt by such indemnifying party of the aforesaid request, (ii) such indemnifying party shall have received notice of the terms of such settlement at least 30 days prior to such settlement being entered into and (iii) such indemnifying party shall not have reimbursed such indemnified party in accordance with such request prior to the date of such settlement; provided that an . An indemnifying party will not, without the prior written consent of the applicable indemnified parties, which consent shall not be liable for any such settlement effected without its unreasonably withheld or delayed, settle or compromise or consent if such indemnifying party, prior to the date entry of any judgment with respect to any pending or threatened claim, action, suit or proceeding in respect of which indemnification or contribution may be sought hereunder (whether or not the indemnified parties are actual parties to such claim or action or have been threatened to become parties to such claim or action) unless such settlement, compromise or consent (1x) reimburses such includes an unconditional release of each indemnified party in accordance with such request for the amount from all liability arising out of such fees and expenses of counsel as the indemnifying party believes in good faith to be reasonableclaim, action, suit or proceeding; and (2y) provides written notice does not include a statement as to, or an admission of, fault, culpability or a failure to the act, by or on behalf of any indemnified party that the indemnifying party disputes in good faith the reasonableness of the unpaid balance of such fees and expensesparty.
Appears in 9 contracts
Sources: Underwriting Agreement (Wisconsin Electric Power Co), Underwriting Agreement (Wisconsin Public Service Corp), Underwriting Agreement (Wisconsin Electric Power Co)
Settlement without Consent if Failure to Reimburse. If at any time an indemnified party shall have requested an indemnifying party to reimburse the indemnified party for fees and expenses of counsel, such indemnifying party agrees that it shall be liable for any settlement of the nature contemplated by subsection (a)(ii) of this Section 6(a)(ii) 7 effected without its written consent if (i) such settlement is entered into more than 45 days after receipt by such indemnifying party of the aforesaid request, (ii) such indemnifying party shall have received notice of the terms of such settlement at least 30 days prior to such settlement being entered into and (iii) such indemnifying party shall not have reimbursed such indemnified party in accordance with such request prior to the date of such settlement; provided that an indemnifying party shall not be liable for any such settlement effected without its consent if such indemnifying party, prior to the date of such settlement, (1) reimburses such indemnified party in accordance with such request for the amount of such fees and expenses of counsel as the indemnifying party believes in good faith to be reasonable, and (2) provides written notice to the indemnified party that the indemnifying party disputes in good faith the reasonableness of the unpaid balance of such fees and expenses.
Appears in 8 contracts
Sources: Underwriting Agreement (Stellus Capital Investment Corp), Underwriting Agreement (Alcentra Capital Corp), Underwriting Agreement (Alcentra Capital Corp)
Settlement without Consent if Failure to Reimburse. If at any time an indemnified party shall have requested an indemnifying party to reimburse the indemnified party for fees and expenses of counsel, such indemnifying party agrees that it shall be liable for any settlement of the nature contemplated by Section 6(a)(ii) hereof effected without its written consent if (i) such settlement is entered into more than 45 days after receipt by such indemnifying party of the aforesaid request, (ii) such indemnifying party shall have received notice of the terms of such settlement at least 30 days prior to such settlement being entered into and (iii) such indemnifying party shall not have reimbursed such indemnified party in accordance with such request prior to the date of such settlement; provided , unless it shall have been finally judicially determined that an such indemnified party is not entitled to indemnification therefor or unless such failure to reimburse the indemnified party is based on a dispute with a good faith basis as to either the obligation of the indemnifying party arising under this Section 6 to indemnify the indemnified party or the amount of such obligation and the indemnifying party shall not be liable for any have notified the indemnified party of such settlement effected without its consent if such indemnifying party, good faith dispute prior to the date of such settlement, (1) reimburses such indemnified party in accordance with such request for the amount of such fees and expenses of counsel as the indemnifying party believes in good faith to be reasonable, and (2) provides written notice to the indemnified party that the indemnifying party disputes in good faith the reasonableness of the unpaid balance of such fees and expenses.
Appears in 8 contracts
Sources: Debt Underwriting Agreement (THL Credit, Inc.), Underwriting Agreement (THL Credit, Inc.), Debt Underwriting Agreement (THL Credit, Inc.)
Settlement without Consent if Failure to Reimburse. If The indemnifying party under this Section 6 shall not be liable for any settlement of any proceeding effected without its written consent, which consent shall not be unreasonably withheld, but if settled with such consent or if there be a final judgment for the plaintiff, the indemnifying party agrees to indemnify the indemnified party against any loss, claim, damage, liability or expense by reason of such settlement or judgment. Notwithstanding the foregoing sentence, if at any time an indemnified party shall have requested an indemnifying party to reimburse the indemnified party for fees and expenses of counselcounsel as contemplated by Section 6(c) hereof, such the indemnifying party agrees that it shall be liable for any settlement of the nature contemplated by Section 6(a)(ii) any proceeding effected without its written consent if (i) such settlement is entered into more than 45 60 days after receipt by such indemnifying party of the aforesaid request, request and (ii) such indemnifying party shall have received notice of the terms of such settlement at least 30 days prior to such settlement being entered into and (iii) such indemnifying party shall not have reimbursed such the indemnified party in accordance with such request prior to the date of such settlement; provided that an . No indemnifying party shall not be liable for any such settlement effected shall, without its the prior written consent if such indemnifying of the indemnified party, prior effect any settlement, compromise or consent to the date entry of judgment in any pending or threatened action, suit or proceeding in respect of which any indemnified party is or could have been a party and indemnity was or could have been sought hereunder by such indemnified party, unless such settlement, compromise or consent includes (1i) reimburses an unconditional release of such indemnified party in accordance with such request for from all liability on claims that are the amount subject matter of such fees and expenses of counsel as the indemnifying party believes in good faith to be reasonableaction, suit or proceeding and (2ii) provides written notice does not include a statement as to the or an admission of fault, culpability or a failure to act by or on behalf of any indemnified party that the indemnifying party disputes in good faith the reasonableness of the unpaid balance of such fees and expensesparty.
Appears in 7 contracts
Sources: Underwriting Agreement (AGNC Investment Corp.), Underwriting Agreement (American Capital Mortgage Investment Corp.), Underwriting Agreement (American Capital Mortgage Investment Corp.)
Settlement without Consent if Failure to Reimburse. If at any time an indemnified party shall have requested an indemnifying party to reimburse the indemnified party for fees and expenses of counsel, such indemnifying party agrees that it shall be liable for any settlement of the nature contemplated by Section 6(a)(ii6(a) effected without its written consent if (i) such settlement is entered into more than 45 days after receipt by such indemnifying party of the aforesaid request, (ii) such indemnifying party shall have received notice of the terms of such settlement at least 30 days prior to such settlement being entered into into, and (iii) such indemnifying party shall not have reimbursed such indemnified party in accordance with such request prior to the date of such settlement; provided that . Notwithstanding the immediately preceding sentence, if at any time an indemnified party shall have requested an indemnifying party to reimburse the indemnified party for fees and expenses of counsel, an indemnifying party shall not be liable for any such settlement of the nature contemplated by Section 6(a)(ii) effected without its consent if such indemnifying party, prior to the date of such settlement, party (1i) reimburses such indemnified party in accordance with such request for to the amount of extent it considers such fees and expenses of counsel as the indemnifying party believes in good faith request to be reasonable, reasonable and (2ii) provides written notice to the indemnified party that the indemnifying party disputes in good faith the reasonableness of substantiating the unpaid balance as unreasonable, in each case prior to the date of such fees and expensessettlement.
Appears in 6 contracts
Sources: Purchase Agreement (Agrium Inc), Purchase Agreement (Agrium Inc), Purchase Agreement (Agrium Inc)
Settlement without Consent if Failure to Reimburse. If at any time an indemnified party shall have requested an indemnifying party to reimburse the indemnified party for fees and expenses of counsel, such indemnifying party agrees that it shall be liable for any settlement of the nature contemplated by Section 6(a)(ii) effected without its written consent if (i) such settlement is entered into more than 45 days after receipt by such indemnifying party of the aforesaid request, (ii) such indemnifying party shall have received notice of the terms of such settlement at least 30 days prior to such settlement being entered into and (iii) such indemnifying party shall not have reimbursed such indemnified party in accordance with such request prior to the date of such settlement; provided that an , unless such failure to reimburse the indemnified party is based on a dispute with a good faith basis as to either the obligation of the indemnifying party arising under this Section 6 to indemnify the indemnified party or the amount of such obligation and the indemnifying party shall not be liable for any have notified the indemnified party of such settlement effected without its consent if such indemnifying party, good faith dispute prior to the date of such settlement, (1) reimburses such indemnified party in accordance with such request for the amount of such fees and expenses of counsel as the indemnifying party believes in good faith to be reasonable, and (2) provides written notice to the indemnified party that the indemnifying party disputes in good faith the reasonableness of the unpaid balance of such fees and expenses.
Appears in 6 contracts
Sources: Underwriting Agreement (Aveo Pharmaceuticals, Inc.), Underwriting Agreement (Aveo Pharmaceuticals, Inc.), Underwriting Agreement (Perry Ellis International Inc)
Settlement without Consent if Failure to Reimburse. If at any time an indemnified party shall have requested an indemnifying party to reimburse in accordance with the terms hereof, the indemnified party for fees and expenses of counsel, such indemnifying party agrees that it shall be liable for any settlement of the nature contemplated by Section 6(a)(ii) effected without its written consent if (i) such settlement is entered into more than 45 days after receipt by such indemnifying party of the aforesaid request, (ii) such indemnifying party shall have received notice of the terms of such settlement at least 30 days prior to such settlement being entered into and (iii) such indemnifying party shall not have reimbursed reimbursed, in accordance with the terms hereof, such indemnified party in accordance with such request prior to the date of such settlement; provided that . Notwithstanding the immediately preceding sentence, if at any time an indemnified party shall have requested an indemnifying party to reimburse the indemnified party for fees and expenses of counsel, an indemnifying party shall not be liable for any such settlement of the nature contemplated by Section 6(a)(ii) effected without its consent if such indemnifying party, prior to the date of such settlement, party (1i) reimburses such indemnified party in accordance with such request for to the amount of extent it considers such fees and expenses of counsel as the indemnifying party believes in good faith to be reasonable, reasonably incurred and (2ii) provides written notice to the indemnified party that the indemnifying party disputes substantiating in good faith the reasonableness of that the unpaid balance was unreasonably incurred in each case prior to the date of such fees and expensessettlement.
Appears in 6 contracts
Sources: Purchase Agreement (Arch Capital Group Ltd.), Purchase Agreement (Arch Capital Group Ltd.), Purchase Agreement (Arch Capital Group Ltd.)
Settlement without Consent if Failure to Reimburse. If at any time an indemnified party shall have requested an indemnifying party to reimburse the indemnified party for fees and expenses of counsel, such indemnifying party agrees that it shall be liable for any settlement of the nature contemplated by Section 6(a)(ii8(a)(i)(B) effected without its written consent if (i) such settlement is entered into more than 45 days after receipt by such indemnifying party of the aforesaid request, (ii) such indemnifying party shall have received notice of the terms of such settlement at least 30 days prior to such settlement being entered into and (iii) such indemnifying party shall not have reimbursed such indemnified party in accordance with such request prior to the date of such settlement; provided that . Notwithstanding the immediately preceding sentence, if at any time an indemnified party shall have requested an indemnifying party to reimburse the indemnified party for fees and expenses of counsel, an indemnifying party shall not be liable for any such settlement of the nature contemplated by Section 8(a)(i)(B) effected without its consent if such indemnifying party, prior to the date of such settlement, party (1i) reimburses such indemnified party in accordance with such request for to the amount of extent it considers such fees and expenses of counsel as the indemnifying party believes in good faith request to be reasonable, reasonable and (2ii) provides written notice to the indemnified party that the indemnifying party disputes in good faith the reasonableness of substantiating the unpaid balance as unreasonable, in each case prior to the date of such fees and expensessettlement.
Appears in 6 contracts
Sources: Underwriting Agreement (Qep Resources, Inc.), Underwriting Agreement (Qep Resources, Inc.), Underwriting Agreement (Qep Resources, Inc.)
Settlement without Consent if Failure to Reimburse. If at any time an indemnified party shall have requested an indemnifying party to reimburse the indemnified party for fees and expenses of counsel, such indemnifying party agrees that it shall be liable for any settlement of the nature contemplated by Section 6(a)(ii6(a)(2) effected without its written consent if (i) such settlement is entered into more than 45 60 days after receipt by such indemnifying party of the aforesaid request, (ii) such indemnifying party shall have received notice of the terms of such settlement at least 30 45 days prior to such settlement being entered into and (iii) such indemnifying party shall not have reimbursed such indemnified party in accordance with such request prior to the date of such settlement; provided provided, however, that an indemnifying party shall not be liable for any such settlement effected without its consent if such indemnifying party, prior to the date of such settlement, party (1x) reimburses such indemnified party in accordance with such request for to the amount of extent it considers such fees and expenses of counsel as the indemnifying party believes in good faith request to be reasonable, reasonable and (2y) provides written notice to the indemnified party that the indemnifying party disputes in good faith the reasonableness of substantiating the unpaid balance as unreasonable, in each case prior to the date of such fees and expensessettlement.
Appears in 6 contracts
Sources: Underwriting Agreement (Ambac Financial Group Inc), Underwriting Agreement (Ambac Financial Group Inc), Underwriting Agreement (Ambac Financial Group Inc)
Settlement without Consent if Failure to Reimburse. If at any time an indemnified party shall have requested an indemnifying party to reimburse the indemnified party for fees and expenses of counsel, such indemnifying party agrees that it shall be liable for any settlement of the nature contemplated by Section 6(a)(ii) effected without its written consent if (i) such settlement is entered into more than 45 days after receipt by such indemnifying party of the aforesaid request, (ii) such indemnifying party shall have received notice of the terms of such settlement at least 30 days prior to such settlement being entered into and (iii) such indemnifying party shall not have reimbursed such indemnified party in accordance with such request prior to the date of such settlement; provided provided, that an indemnifying party shall not be liable for any such settlement effected without its consent if such indemnifying party, prior to the date of such settlement, party (1) reimburses such indemnified party in accordance with such request for to the amount of extent it considers such fees and expenses of counsel as the indemnifying party believes in good faith request to be reasonable, reasonable and (2) provides written notice to the indemnified party that the indemnifying party disputes in good faith the reasonableness of substantiating the unpaid balance as unreasonable, in each case prior to the date of such fees and expensessettlement.
Appears in 6 contracts
Sources: Purchase Agreement (Ventas Inc), Purchase Agreement (Ventas Inc), Purchase Agreement (Ventas Inc)
Settlement without Consent if Failure to Reimburse. If at any time an indemnified party shall have requested an indemnifying party to reimburse the indemnified party for fees and expenses of counsel, such indemnifying party agrees that it shall be liable for any settlement of the nature contemplated by Section 6(a)(ii6(a)(1)(ii) effected without its written consent if (i) such settlement is entered into more than 45 days after receipt by such indemnifying party of the aforesaid request, (ii) such indemnifying party shall have received notice of the terms of such settlement at least 30 days prior to such settlement being entered into and (iii) such indemnifying party shall not have reimbursed such indemnified party in accordance with such request prior to the date of such settlement; provided that an indemnifying party shall not be liable for any such settlement effected without its consent if such indemnifying party, prior to the date of such settlement, (1) reimburses such indemnified party in accordance with such request for the amount of such fees and expenses of counsel as the indemnifying party believes in good faith to be reasonable, and (2) provides written notice to the indemnified party that the indemnifying party disputes in good faith the reasonableness of the unpaid balance of such fees and expenses.
Appears in 5 contracts
Sources: Equity Distribution Agreement (Main Street Capital CORP), Equity Distribution Agreement (Main Street Capital CORP), Equity Distribution Agreement (Main Street Capital CORP)
Settlement without Consent if Failure to Reimburse. If at any time an indemnified party shall have requested an indemnifying party to reimburse the indemnified party for fees and expenses of counsel, such indemnifying party agrees that it shall be liable for any settlement of the nature contemplated by Section 6(a)(ii7(a)(ii) effected without its written consent if (i) such settlement is entered into more than 45 days after receipt by such indemnifying party of the aforesaid request, (ii) such indemnifying party shall have received notice of the terms of such settlement at least 30 days prior to such settlement being entered into and (iii) such indemnifying party shall not have reimbursed such indemnified party in accordance with such request prior to the date of such settlement; provided that an indemnifying party shall not be liable for any such settlement effected without its consent if such indemnifying party, prior to the date of such settlement, (1) reimburses such indemnified party in accordance with such request for the amount of such fees and expenses of counsel as the indemnifying party believes in good faith to be reasonable, and (2) provides written notice to the indemnified party that the indemnifying party disputes in good faith the reasonableness of the unpaid balance of such fees and expenses.
Appears in 5 contracts
Sources: Underwriting Agreement (Prospect Energy Corp), Underwriting Agreement (Gladstone Investment Corporation\de), Underwriting Agreement (Prospect Energy Corp)
Settlement without Consent if Failure to Reimburse. If at any time an indemnified party shall have requested an indemnifying party to reimburse the indemnified party for fees and expenses of counsel, such indemnifying party agrees that it shall be liable for any settlement of the nature contemplated by Section 6(a)(ii) hereof effected without its written consent if (i) such settlement is entered into more than 45 days after receipt by such indemnifying party of the aforesaid request, (ii) such indemnifying party shall have received notice of the terms of such settlement at least 30 days prior to such settlement being entered into and (iii) such indemnifying party shall not have reimbursed such indemnified party in accordance with such request prior to the date of such settlement; provided that an indemnifying party shall not be liable for any such settlement effected without its consent if such indemnifying party, prior to the date of such settlement, party (1) reimburses such indemnified party in accordance with such request for to the amount of extent it considers such fees and expenses of counsel as the indemnifying party believes in good faith request to be reasonable, reasonable and (2) provides written notice to the indemnified party that the indemnifying party disputes in good faith the reasonableness of substantiating the unpaid balance as unreasonable, in each case prior to the date of such fees and expensessettlement.
Appears in 5 contracts
Sources: Underwriting Agreement (Ventas Inc), Underwriting Agreement (Ventas Inc), Underwriting Agreement (Ventas Inc)
Settlement without Consent if Failure to Reimburse. If The indemnifying party under this Section 6 shall not be liable for any settlement of any proceeding effected without its written consent, which will not be unreasonably withheld, but if settled with such consent or if there be a final judgment for the plaintiff, the indemnifying party agrees to indemnify the indemnified party against any loss, claim, damage, liability or expense by reason of such settlement or judgment. Notwithstanding the foregoing sentence, if at any time an indemnified party shall have requested an indemnifying party to reimburse the indemnified party for reasonably incurred fees and expenses of counselcounsel in accordance with this Section 6, such indemnifying party agrees that it shall be liable for any settlement of the nature contemplated by Section 6(a)(ii) effected without its written consent if (i) such settlement is entered into more than 45 calendar days after receipt by such indemnifying party of the aforesaid request, (ii) such indemnifying party shall have received notice of the terms of such settlement at least 30 calendar days prior to such settlement being entered into and (iii) such indemnifying party shall not have reimbursed such indemnified party in accordance with such request prior to the date of such settlement; provided that an indemnifying party shall not be liable for any such settlement effected without its consent if such indemnifying party, prior to the date of such settlement, (1) reimburses such indemnified party in accordance with such request for the amount of such fees and expenses of counsel as the indemnifying party believes in good faith to be reasonable, and (2) provides written notice to the indemnified party that the indemnifying party disputes in good faith the reasonableness of the unpaid balance of such fees and expenses.
Appears in 5 contracts
Sources: Underwriting Agreement (OM Asset Management PLC), Underwriting Agreement (OM Asset Management PLC), Underwriting Agreement (OM Asset Management PLC)
Settlement without Consent if Failure to Reimburse. If at any time an indemnified party shall have requested an indemnifying party to reimburse the indemnified party for fees and expenses of counsel, such indemnifying party agrees that it shall be liable for any settlement of the nature contemplated by subsection (a)(ii) of this Section 6(a)(ii) 7 effected without its written consent if (i) such settlement is entered into more than 45 forty-five (45) days after receipt by such indemnifying party of the aforesaid request, (ii) such indemnifying party shall have received notice of the terms of such settlement at least 30 thirty (30) days prior to such settlement being entered into and (iii) such indemnifying party shall not have reimbursed such indemnified party in accordance with such request prior to the date of such settlement; provided that an indemnifying party shall not be liable for any such settlement effected without its consent if such indemnifying party, prior to the date of such settlement, (1) reimburses such indemnified party in accordance with such request for the amount of such fees and expenses of counsel as the indemnifying party believes in good faith to be reasonable, and (2) provides written notice to the indemnified party that the indemnifying party disputes in good faith the reasonableness of the unpaid balance of such fees and expenses.
Appears in 5 contracts
Sources: Underwriting Agreement (Stellus Capital Investment Corp), Underwriting Agreement (FIDUS INVESTMENT Corp), Underwriting Agreement (FIDUS INVESTMENT Corp)
Settlement without Consent if Failure to Reimburse. If The indemnifying party under this Section 6 shall not be liable for any settlement of any proceeding effected without its written consent, which shall not be withheld unreasonably, but if settled with such consent or if there is a final non-appealable judgment of a court of competent jurisdiction for the plaintiff, the indemnifying party agrees to indemnify the indemnified party against any loss, claim, damage, liability or expense by reason of such settlement or judgment. Notwithstanding the foregoing sentence, if at any time an indemnified party shall have requested an indemnifying party to reimburse the indemnified party for fees and expenses of counsel, such indemnifying party agrees that it shall be liable for any settlement of the nature contemplated by Section 6(a)(ii) effected without its written consent if (i) such settlement is entered into more than 45 days after receipt by such indemnifying party of the aforesaid request, (ii) such indemnifying party shall have received notice of the terms of such settlement at least 30 days prior to such settlement being entered into and (iii) such indemnifying party shall not have reimbursed such indemnified party in accordance with such request prior to the date of such settlement; provided that an indemnifying party shall not be liable for any such settlement effected without its consent if such indemnifying party, prior to the date of such settlement, (1) reimburses such indemnified party in accordance with such request for the amount of such fees and expenses of counsel as the indemnifying party believes in good faith to be reasonable, and (2) provides written notice to the indemnified party that the indemnifying party disputes in good faith the reasonableness of the unpaid balance of such fees and expenses.
Appears in 5 contracts
Sources: Underwriting Agreement (AG Mortgage Investment Trust, Inc.), Underwriting Agreement (AG Mortgage Investment Trust, Inc.), Underwriting Agreement (AG Mortgage Investment Trust, Inc.)
Settlement without Consent if Failure to Reimburse. If at any time an indemnified party shall have requested in writing an indemnifying party to reimburse the indemnified party for fees and expenses of counsel, such indemnifying party agrees that it shall be liable for any settlement of the nature contemplated by Section 6(a)(ii) effected without its written consent if (i) such settlement is entered into more than 45 days after receipt by such indemnifying party of the aforesaid request, (ii) such indemnifying party shall have received notice of the terms of such settlement at least 30 days prior to such settlement being entered into and (iii) such indemnifying party shall not have reimbursed such indemnified party in accordance with such request prior to the date of such settlement; provided that provided, however, if at any time an indemnified party shall have requested an indemnifying party to reimburse the indemnified party for fees and expenses of counsel, an indemnifying party shall not be liable for any such settlement of the nature contemplated by this Section 6(d) effected without its written consent if (x) such indemnifying party, prior to the date of such settlement, (1) party reimburses such indemnified party in accordance with such request for to the amount of extent it considers such fees and expenses of counsel as the indemnifying party believes in good faith request to be reasonable, ; and (2y) such indemnifying party provides written notice to the indemnified party that the indemnifying party disputes in good faith the reasonableness of substantiating the unpaid balance as unreasonable, in each case prior to the date of such fees and expensessettlement.
Appears in 4 contracts
Sources: Underwriting Agreement (Boston Properties Inc), Underwriting Agreement (Callon Petroleum Co), Underwriting Agreement (Petroquest Energy Inc)
Settlement without Consent if Failure to Reimburse. If at any time an indemnified party shall have requested an indemnifying party to reimburse the indemnified party for fees and expenses of counsel, such indemnifying party agrees that it shall be liable for any settlement of the nature contemplated by Section 6(a)(ii) effected without its written consent if (i) such settlement is entered into more than 45 65 days after receipt by such indemnifying party of the aforesaid request, (ii) such indemnifying party shall have received notice of the terms of such settlement at least 30 45 days prior to such settlement being entered into and (iii) such indemnifying party shall not have reimbursed such indemnified party in accordance with such request prior to the date of such settlement; provided that . Notwithstanding the immediately preceding sentence, if at any time an indemnified party shall have requested an indemnifying party to reimburse the indemnified party for fees and expenses of counsel, an indemnifying party shall not be liable for any such settlement of the nature contemplated by Section 6(a)(ii) or 6(b)(ii) effected without its consent if such indemnifying party, prior to the date of such settlement, party (1i) reimburses such indemnified party in accordance with such request for to the amount of extent it considers such fees and expenses of counsel as the indemnifying party believes in good faith request to be reasonable, reasonable and (2ii) provides written notice to the indemnified party that the indemnifying party disputes setting forth in good faith the reasonableness of reasonable detail its basis for disputing the unpaid balance balance, in each case prior to the date of such fees and expensessettlement.
Appears in 4 contracts
Sources: u.s. Purchase Agreement (Tyco International LTD), International Purchase Agreement (Tyco International LTD /Ber/), u.s. Purchase Agreement (Tyco International LTD /Ber/)
Settlement without Consent if Failure to Reimburse. If at any time an indemnified party shall have requested an indemnifying party to reimburse the indemnified party for fees and expenses of counsel, such indemnifying party agrees that it shall be liable for any settlement of the nature contemplated by Section 6(a)(ii) hereof effected without its written consent if (i) such settlement is entered into more than 45 days after receipt by such indemnifying party of the aforesaid request, (ii) such indemnifying party shall have received notice of the terms of such settlement at least 30 days prior to such settlement being entered into and (iii) such indemnifying party shall not have reimbursed such indemnified party in accordance with such request prior to the date of such settlement; provided that an . The indemnified party shall promptly reimburse the indemnifying party for all amounts advanced to it pursuant to this Section 6(d) (unless it is entitled to such amounts under Section 7 hereof) if it shall not be liable for any such settlement effected without its consent if such indemnifying party, prior to the date of such settlement, (1) reimburses finally judicially determined that such indemnified party was not entitled to indemnification hereunder and such loss, liability, claim, damage or expense arose out of (i) an untrue statement or omission or alleged untrue statement or omission made in accordance reliance upon and in conformity with such request for written information furnished to the amount of such fees Company by and expenses of counsel as the indemnifying party believes in good faith to be reasonable, and (2) provides written notice relating to the indemnified party that expressly for use in the indemnifying party disputes in good faith Registration Statement (or any amendment thereto), including the reasonableness Rule 430B Information, any Issuer Free Writing Prospectus, the Preliminary Prospectus or the Prospectus (or any amendment or supplement thereto) or (ii) a fraudulent misrepresentation (within the meaning of Section 11 of the unpaid balance of such fees and expenses1933 Act) by the indemnified party.
Appears in 4 contracts
Sources: Underwriting Agreement (Lowes Companies Inc), Underwriting Agreement (Lowes Companies Inc), Underwriting Agreement (Lowes Companies Inc)
Settlement without Consent if Failure to Reimburse. If at any time an indemnified party shall have requested an indemnifying party to reimburse the indemnified party for fees and expenses of counsel, such indemnifying party agrees that it shall be liable for any settlement of the nature contemplated by Section 6(a)(ii9(a)(ii) hereof effected without its written consent if (i) such settlement is entered into more than 45 days after receipt by such indemnifying party of the aforesaid request, (ii) such indemnifying party shall have received notice of the terms of such settlement at least 30 days prior to such settlement being entered into and (iii) such indemnifying party shall not have reimbursed such indemnified party in accordance with such request prior to the date of such settlement; provided provided, however, that an indemnifying party shall not be liable for any such settlement effected without its consent if such indemnifying party, prior to the date of execution of any such settlementsettlement agreement, (1) reimburses such indemnified party in accordance with such request for the amount of such fees and expenses of counsel as the indemnifying party believes in good faith to be reasonable, reasonable and (2) provides written notice to the such indemnified party that the indemnifying party disputes in good faith the reasonableness of the unpaid balance of such fees and expenses.
Appears in 4 contracts
Sources: Distribution Agreement (Ge Life & Annuity Assurance Co), Distribution Agreement (Ge Life & Annuity Assurance Co), Distribution Agreement (Ing Usa Annuity & Life Insurance Co)
Settlement without Consent if Failure to Reimburse. If at any time an indemnified party shall have requested an indemnifying party to reimburse the indemnified party for fees and expenses of counsel, such indemnifying party agrees that it shall be liable for any settlement of the nature contemplated by subsection (a)(ii) of this Section 6(a)(ii) 7 effected without its written consent if (i) such settlement is entered into more than 45 forty-five (45) days after receipt by such indemnifying party of the aforesaid request, (ii) such indemnifying party shall have received notice of the terms of such settlement at least 30 days prior to such settlement being entered into and (iii) such indemnifying party shall not have reimbursed such indemnified party in accordance with such request prior to the date of such settlement; provided that an indemnifying party shall not be liable for any such settlement effected without its consent if such indemnifying party, prior to the date of such settlement, (1) reimburses such indemnified party in accordance with such request for the amount of such fees and expenses of counsel as the indemnifying party believes in good faith to be reasonable, and (2) provides written notice to the indemnified party that the indemnifying party disputes in good faith the reasonableness of the unpaid balance of such fees and expenses.
Appears in 4 contracts
Sources: Underwriting Agreement (FIDUS INVESTMENT Corp), Underwriting Agreement (FIDUS INVESTMENT Corp), Underwriting Agreement (FIDUS INVESTMENT Corp)
Settlement without Consent if Failure to Reimburse. If at any time an indemnified party shall have requested an indemnifying party to reimburse the indemnified party for fees and expenses of counselcounsel in accordance with this Section 6, such indemnifying party agrees that it shall be liable for any settlement of the nature contemplated by Section 6(a)(ii) effected without its written consent if (i) such settlement is entered into more than 45 days after receipt by such indemnifying party of the aforesaid request, (ii) such indemnifying party shall have received notice of the terms of such settlement at least 30 days prior to such settlement being entered into and (iii) prior to the date of such settlement neither of the following shall have occurred: (A) such indemnifying party shall not have reimbursed such indemnified party in accordance with such request prior or (B) if such indemnifying party reasonably believes that the indemnified party is not entitled under this Section 6 to any or all of the date of requested amount, such settlement; provided that an indemnifying party shall not be liable for any such settlement effected without its consent if such indemnifying party, prior to the date of such settlement, (1) reimburses have reimbursed such indemnified party in accordance with such request for the amount of such fees lesser portion, if any, of the requested amount and expenses of counsel as the indemnifying party believes in good faith provided to be reasonable, and (2) provides written notice to the such indemnified party that the indemnifying party disputes in good faith a statement substantiating the reasonableness of the unpaid balance of such fees and expensesamount, if any, so reimbursed.
Appears in 4 contracts
Sources: u.s. Purchase Agreement (Trigon Healthcare Inc), u.s. Purchase Agreement (Trigon Healthcare Inc), International Purchase Agreement (Trigon Healthcare Inc)
Settlement without Consent if Failure to Reimburse. If at any time an indemnified party shall have requested in writing an indemnifying party to reimburse the indemnified party for fees and expenses of counsel, such indemnifying party agrees that it shall be liable for any settlement of the nature contemplated by Section 6(a)(ii) effected without its written consent if (i) such settlement is entered into more than 45 days after receipt by such indemnifying party of the aforesaid request, (ii) such indemnifying party shall have received notice of the terms of such settlement at least 30 days prior to such settlement being entered into and (iii) such indemnifying party shall not have reimbursed such indemnified party in accordance with such request prior to the date of such settlement; provided that . Notwithstanding the immediately preceding sentence, if at any time an indemnified party shall have requested an indemnifying party to reimburse the indemnified party for fees and expenses of counsel, an indemnifying party shall not be liable for any such settlement of the nature contemplated by Section 6(a)(ii) effected without its consent if such indemnifying party, prior to the date of such settlement, party (1i) reimburses such indemnified party in accordance with such request for to the amount of extent it considers such fees and expenses of counsel as the indemnifying party believes in good faith request to be reasonable, reasonable and (2ii) provides written notice to the indemnified party that the indemnifying party disputes in good faith the reasonableness of substantiating the unpaid balance as unreasonable, in each case prior to the date of such fees and expensessettlement.
Appears in 4 contracts
Sources: u.s. Purchase Agreement (Apex Mortgage Capital Inc), International Purchase Agreement (Apex Mortgage Capital Inc), u.s. Purchase Agreement (Apex Mortgage Capital Inc)
Settlement without Consent if Failure to Reimburse. If at any time an indemnified party shall have requested an indemnifying party to reimburse the indemnified party for fees and expenses of counsel, such indemnifying party agrees that it shall be liable for any settlement of the nature contemplated by Section 6(a)(ii) effected without its written consent if (i) such settlement is entered into more than 45 days after receipt by such indemnifying party of the aforesaid request, (ii) such indemnifying party shall have received notice of the terms of such settlement at least 30 days prior to such settlement being entered into and (iii) such indemnifying party shall not have reimbursed such indemnified party in accordance with such request prior to the date of such settlement; provided that an indemnifying party , unless such failure to reimburse the Indemnified Person is based on a dispute with a good faith basis as to either the obligation of the Indemnifying Person arising under this Section 6 to indemnify the Indemnified Person or the amount of such obligation and the Indemnifying Party shall not be liable for any have notified the Indemnified Party of such settlement effected without its consent if such indemnifying party, good faith dispute prior to the date of such settlement, (1) reimburses such indemnified party in accordance with such request for the amount of such fees and expenses of counsel as the indemnifying party believes in good faith to be reasonable, and (2) provides written notice to the indemnified party that the indemnifying party disputes in good faith the reasonableness of the unpaid balance of such fees and expenses.
Appears in 4 contracts
Sources: Underwriting Agreement (Visa Inc.), Underwriting Agreement (Achillion Pharmaceuticals Inc), Underwriting Agreement (Achillion Pharmaceuticals Inc)
Settlement without Consent if Failure to Reimburse. If at any time an indemnified party shall have requested an indemnifying party to reimburse the indemnified party for fees and expenses of counsel, such indemnifying party agrees that it shall be liable for any settlement of the nature contemplated by Section 6(a)(ii7(a)(ii) effected without its written consent if (i) such settlement is entered into more than 45 days after receipt by such indemnifying party of the aforesaid request, (ii) such indemnifying party shall have received notice of the terms of such settlement at least 30 days prior to such settlement being entered into into, and (iii) such indemnifying party shall not have reimbursed such indemnified party in accordance with such request prior to the date of such settlement; provided that . Notwithstanding the immediately preceding sentence, if at any time an indemnified party shall have requested an indemnifying party to reimburse the indemnified party for fees and expenses of counsel, an indemnifying party shall not be liable for any such settlement of the nature contemplated by Section 7(a)(ii) effected without its consent if such indemnifying party, prior to the date of such settlement, party (1i) reimburses such indemnified party in accordance with such request for to the amount of extent it considers such fees and expenses of counsel as the indemnifying party believes in good faith request to be reasonable, reasonable and (2ii) provides written notice to the indemnified party that the indemnifying party disputes in good faith the reasonableness of substantiating the unpaid balance as unreasonable, in each case prior to the date of such fees and expensessettlement.
Appears in 4 contracts
Sources: Underwriting Agreement (Agrium Inc), Underwriting Agreement (Countrywide Financial Corp), Purchase Agreement (Affiliated Managers Group Inc)
Settlement without Consent if Failure to Reimburse. If at any time an indemnified party shall have validly requested an indemnifying party to reimburse the indemnified party for fees and expenses of counsel, such indemnifying party agrees that it shall be liable for any settlement of the nature contemplated by Section 6(a)(ii7(a)(ii) effected without its written consent if (i) such settlement is entered into more than 45 days after receipt by such indemnifying party of the aforesaid request, (ii) such indemnifying party shall have received notice of the terms of such settlement at least 30 days prior to such settlement being entered into and (iii) such indemnifying party shall not have reimbursed such indemnified party in accordance with such request prior to the date of such settlement; provided , provided, however, that an indemnifying party shall not be liable for any such settlement effected without its consent if such indemnifying partyparty (1) reimburses such indemnified party with respect to those fees and expenses of counsel that it determines in good faith are reasonable and (2) provides written notice within ten (10) days after receipt of the request for reimbursement to the indemnified party substantiating the unpaid balance as unreasonable, in each case prior to the date of such settlement, (1) reimburses such indemnified party in accordance with such request for the amount of such fees and expenses of counsel as the indemnifying party believes in good faith to be reasonable, and (2) provides written notice to the indemnified party that the indemnifying party disputes in good faith the reasonableness of the unpaid balance of such fees and expenses.
Appears in 4 contracts
Sources: Placement Agreement (Hawthorne Financial Corp), Placement Agreement (Gold Banc Corp Inc), Placement Agreement (United Bancorporation of Alabama Inc)
Settlement without Consent if Failure to Reimburse. If at any time an indemnified party shall have requested an indemnifying party to reimburse the indemnified party for fees and expenses of counsel, such indemnifying party agrees that it shall be liable for any settlement of the nature contemplated by Section 6(a)(ii) effected without its written consent if (i) such settlement is entered into more than 45 days after receipt by such indemnifying party of the aforesaid request, (ii) such indemnifying party shall have received notice of the terms of such settlement at least 30 days prior to such settlement being entered into and (iii) such indemnifying party shall not have reimbursed such indemnified party in accordance with such request prior to the date of such settlement; provided that . Notwithstanding the immediately preceding sentence, if at any time an indemnified party shall have requested an indemnifying party to reimburse the indemnified party for fees and expenses of counsel, such indemnifying party shall not be liable for any such settlement of the nature contemplated by Section 7(a)(ii) effected without its written consent if such indemnifying party, prior to the date of such settlement, party (1x) reimburses such indemnified party in accordance with such request for to the amount of such fees and expenses of counsel as extent that the indemnifying party believes in good faith its judgment considers such request to be reasonable, reasonable and (2y) provides written notice to the indemnified party that stating the indemnifying party disputes in good faith the reasonableness of reason it deems the unpaid balance unreasonable, in each case no later than 45 days after receipt by such indemnifying party of such fees and expensesthe aforesaid request from the indemnified party.
Appears in 4 contracts
Sources: Underwriting Agreement (Supervalu Inc), Underwriting Agreement (Supervalu Inc), Purchase Agreement (Supervalu Inc)
Settlement without Consent if Failure to Reimburse. If The indemnifying party shall not be liable for any settlement of any proceeding effected without its written consent, but if settled with such consent, the indemnifying party agrees to indemnify each indemnified party from and against any loss or liability by reason of such settlement. Notwithstanding the foregoing, if at any time an indemnified party shall have requested an indemnifying party to reimburse the indemnified party for the reasonable and documented out-of-pocket fees and expenses of counsel, such indemnifying party agrees that it shall be liable for any settlement of the nature contemplated by Section 6(a)(ii) effected without its written consent if (i) such settlement is entered into more than 45 60 days after receipt by such indemnifying party of the aforesaid request, (ii) such indemnifying party shall have received notice of the terms of such settlement at least 30 45 days prior to such settlement being entered into and (iii) such indemnifying party shall not have reimbursed such indemnified party in accordance with such request prior to the date of such settlement; provided that an , unless such failure to reimburse the indemnified parties is based on a dispute in good faith as to either the obligation of the indemnifying party arising under this Section 6 to indemnify the indemnified parties or the amount of such obligation and the indemnifying parties shall not be liable for any have notified the indemnified parties of such settlement effected without its consent if such indemnifying party, good faith dispute prior to the date of such settlement, (1) reimburses such indemnified party in accordance with such request for the amount of such fees and expenses of counsel as the indemnifying party believes in good faith to be reasonable, and (2) provides written notice to the indemnified party that the indemnifying party disputes in good faith the reasonableness of the unpaid balance of such fees and expenses.
Appears in 4 contracts
Sources: Underwriting Agreement (Montrose Environmental Group, Inc.), Underwriting Agreement (Montrose Environmental Group, Inc.), Underwriting Agreement (Montrose Environmental Group, Inc.)
Settlement without Consent if Failure to Reimburse. The indemnifying party shall not be liable for any settlement of any proceeding effected without its written consent, but if settled with such consent or if there be a final judgment for the plaintiff, the indemnifying party agrees to indemnify the indemnified party from and against any loss or liability by reason of such settlement or judgment. If at any time an indemnified party shall have requested an indemnifying party to reimburse the indemnified party for fees and expenses of counselcounsel as contemplated by Section 6(c), such indemnifying party agrees that it shall be liable for settlement for any settlement pending or threatened proceeding in respect of the nature contemplated which any indemnified party is or could have been a party and indemnity could have been sought hereunder by Section 6(a)(ii) effected such indemnified party without its written consent if (i) such settlement is entered into more than 45 days after receipt by such indemnifying party of the aforesaid request, (ii) such indemnifying party shall have received notice of the terms of such settlement at least 30 days prior to such settlement being entered into and (iii) such indemnifying party shall not have reimbursed such indemnified party in accordance with such request prior to the date of such settlement; provided that an indemnifying party shall not be liable for any such settlement effected without its consent if such indemnifying party, prior to the date of such settlement, (1) reimburses such indemnified party in accordance with such request for the amount of such fees and expenses of counsel as the indemnifying party believes in good faith to be reasonable, and (2) provides written notice to the indemnified party that the indemnifying party disputes in good faith the reasonableness of the unpaid balance of such fees and expenses.
Appears in 3 contracts
Sources: Underwriting Agreement (Evolus, Inc.), Underwriting Agreement (Evolus, Inc.), Underwriting Agreement (Evolus, Inc.)
Settlement without Consent if Failure to Reimburse. If at any time an indemnified party shall have requested an indemnifying party to reimburse the indemnified party for the commercially reasonable fees and expenses of counselcounsel under circumstances where the indemnifying party is required to provide such reimbursement hereunder, such indemnifying party agrees that it shall be liable for any settlement of the nature contemplated by Section 6(a)(ii11.3(a)(ii) effected without its written consent if (i) such settlement is entered into more than 45 days after receipt by such indemnifying party of the aforesaid request, (ii) such indemnifying party shall have received notice of the terms of such settlement at least 30 days prior to such settlement being entered into and (iii) such indemnifying party shall not have reimbursed such indemnified party in accordance with such request (unless such fees are less than $15,000 per month) prior to the date of such settlement; provided that an indemnifying . No party hereto shall not be liable responsible for any settlement agreed to by the other party unless such settlement effected is consented to by the first party or the settlement is permitted without its such consent if under this paragraph (d). If a court of competent jurisdiction determines by final order that any person who received reimbursement of fees and expenses pursuant to this Agreement was not entitled thereto, such indemnifying party, prior person shall promptly pay such amounts to the payor with interest at eight percent (8%) per annum from the date of such settlement, (1) reimburses such indemnified party in accordance with such request for the amount of such fees and expenses of counsel as the indemnifying party believes in good faith to be reasonable, and (2) provides written notice to the indemnified party that the indemnifying party disputes in good faith the reasonableness of the unpaid balance of such fees and expensespayment.
Appears in 3 contracts
Sources: Structured Equity Line Flexible Financing Agreement (Cygnus Inc /De/), Structured Equity Line Flexible Financing Agreement (Cygnus Inc /De/), Structured Equity Line Flexible Financing Agreement (Cygnus Inc /De/)
Settlement without Consent if Failure to Reimburse. If at any time an indemnified party shall have requested an indemnifying party to reimburse the indemnified party for fees and expenses of counsel, such indemnifying party agrees that it shall be liable for any settlement of the nature contemplated by Section 6(a)(ii) effected without its written consent if (i) such settlement is entered into more than 45 days after receipt by such indemnifying party of the aforesaid request, (ii) such indemnifying party shall have received notice of the terms of such settlement at least 30 days prior to such settlement being entered into and (iii) such indemnifying party shall not have reimbursed such indemnified party in accordance with such request prior to the date of such settlement; provided that . Notwithstanding the immediately preceding sentence, if at any time an indemnified party shall have requested an indemnifying party to reimburse the indemnified party for fees and expenses of counsel, an indemnifying party shall not be liable for any such settlement of the nature contemplated by Section 6(a)(ii) effected without its consent if such indemnifying party, prior to the date of such settlement, party (1i) reimburses such indemnified party in accordance with such request for to the amount of such fees and expenses of counsel as extent the indemnifying party believes in good faith considers such request to be reasonable, reasonable and (2ii) provides provided written notice to the indemnified party that the indemnifying party disputes in good faith the reasonableness of substantiating the unpaid balance as unreasonable, in each case prior to the date of such fees and expensessettlement.
Appears in 3 contracts
Sources: Registration Rights Agreement (Pogo Producing Co), Registration Rights Agreement (Pogo Producing Co), Registration Rights Agreement (Pogo Producing Co)
Settlement without Consent if Failure to Reimburse. If at any time an indemnified party shall have requested an indemnifying party to reimburse the indemnified party for fees and expenses of counsel, such indemnifying party agrees that it shall be liable for any settlement of the nature contemplated by Section 6(a)(ii) hereof effected without its written consent if (i) such settlement is entered into more than 45 days after receipt by such indemnifying party of the aforesaid request, (ii) such indemnifying party shall have received notice of the terms of such settlement at least 30 days prior to such settlement being entered into and (iii) such indemnifying party shall not have reimbursed such indemnified party in accordance with such request prior to the date of such settlement; provided provided, that an indemnifying party shall not be liable for any such settlement effected without its consent if such indemnifying party, prior to the date of such settlement, party (1) reimburses such indemnified party in accordance with such request for to the amount of extent it considers such fees and expenses of counsel as the indemnifying party believes in good faith request to be reasonable, reasonable and (2) provides written notice to the indemnified party that the indemnifying party disputes in good faith the reasonableness of substantiating the unpaid balance as unreasonable, in each case prior to the date of such fees and expensessettlement.
Appears in 3 contracts
Sources: Underwriting Agreement (Ventas Inc), Underwriting Agreement (Ventas Inc), Underwriting Agreement (Ventas Inc)
Settlement without Consent if Failure to Reimburse. If at any time an indemnified party shall have requested an indemnifying party to reimburse the indemnified party for fees and expenses of counsel, such indemnifying party agrees that it shall be liable for any settlement of the nature contemplated by Section 6(a)(ii6(a)(iii) effected without its written consent if (i) such settlement is entered into more than 45 days after receipt by such indemnifying party of the aforesaid request, (ii) such indemnifying party shall have received notice of the terms of such settlement at least 30 days prior to such settlement being entered into and (iii) such indemnifying party shall not have reimbursed such indemnified party in accordance with such request prior to the date of such settlement; provided that an indemnifying party shall not be liable for any such settlement effected without its consent if such indemnifying party, prior to the date of such settlement, (1) reimburses such indemnified party in accordance with such request for the amount of such fees and expenses of counsel as the indemnifying party believes in good faith to be reasonable, and (2) provides written notice to the indemnified party that the indemnifying party disputes in good faith the reasonableness of the unpaid balance of such fees and expenses.
Appears in 3 contracts
Sources: International Purchase Agreement (Ixl Enterprises Inc), International Purchase Agreement (Ixl Enterprises Inc), u.s. Purchase Agreement (Ixl Enterprises Inc)
Settlement without Consent if Failure to Reimburse. If at any time an indemnified party shall have requested an indemnifying party to reimburse the indemnified party for fees and expenses of counsel, such indemnifying party agrees that it shall be liable for any settlement of the nature contemplated by Section 6(a)(ii) hereof effected without its written consent if (i) such settlement is entered into more than 45 days after receipt by such indemnifying party of the aforesaid request, (ii) such indemnifying party shall have received notice of the terms of such settlement at least 30 days prior to such settlement being entered into and (iii) such indemnifying party shall not have reimbursed such indemnified party in accordance with such request prior to the date of such settlement; provided that an . The indemnified party shall promptly reimburse the indemnifying party for all amounts advanced to it pursuant to this Section 6(d) hereof (unless it is entitled to such amounts under Section 7 hereof) if it shall not be liable for any such settlement effected without its consent if such indemnifying party, prior to the date of such settlement, (1) reimburses finally judicially determined that such indemnified party was not entitled to indemnification hereunder and such loss, liability, claim, damage or expense arose out of (i) an untrue statement or omission or alleged untrue statement or omission made in accordance reliance upon and in conformity with such request for written information furnished to the amount of such fees Company by and expenses of counsel as the indemnifying party believes in good faith to be reasonable, and (2) provides written notice relating to the indemnified party that expressly for use in the indemnifying party disputes in good faith Registration Statement (or any amendment thereto), including the reasonableness Rule 430B Information or any Issuer Free Writing Prospectus, the Preliminary Prospectus or the Prospectus (or any amendment or supplement thereto) or (ii) a fraudulent misrepresentation (within the meaning of Section 11 of the unpaid balance of such fees and expenses1933 Act) by the indemnified party.
Appears in 3 contracts
Sources: Underwriting Agreement (Lowes Companies Inc), Underwriting Agreement (Lowes Companies Inc), Underwriting Agreement (Lowes Companies Inc)
Settlement without Consent if Failure to Reimburse. If at any time an indemnified party shall have requested an indemnifying party to reimburse the indemnified party for fees and expenses of counsel, such indemnifying party agrees that it shall be liable for any settlement of the nature contemplated by Section 6(a)(ii6(a) (ii) effected without its written consent if (i) such settlement is entered into more than 45 days after receipt by such indemnifying party of the aforesaid request, (ii) such indemnifying party shall have received notice of the terms of such settlement at least 30 days prior to such settlement being entered into and (iii) such indemnifying party shall not have reimbursed such indemnified party in accordance with such request prior to the date of such settlement; provided that an indemnifying party shall not be so liable for any such settlement effected without its consent if such indemnifying party, prior to the date of such settlement, (1x) reimburses such indemnified party in accordance with such request for the amount of such fees and expenses of counsel as the indemnifying party believes in good faith to be reasonable, and (2y) provides written notice to the indemnified party that the indemnifying party disputes in good faith the reasonableness of the unpaid balance of such fees and expenses.
Appears in 2 contracts
Sources: Underwriting Agreement (Pxre Group LTD), Purchase Agreement (Pxre Group LTD)
Settlement without Consent if Failure to Reimburse. If at any time an indemnified party shall have requested an indemnifying party to reimburse the indemnified party for fees and expenses of counsel, such indemnifying party agrees that it shall be liable for any settlement of the nature contemplated by Section 6(a)(ii6(a)(1)(iii) effected without its written consent if (i) such settlement is entered into more than 45 days after receipt by such indemnifying party of the aforesaid request, (ii) such indemnifying party shall have received notice of the terms of such settlement at least 30 days prior to such settlement being entered into and (iii) such indemnifying party shall not have reimbursed such indemnified party in accordance with such request prior to the date of such settlement; provided that . Notwithstanding the immediately preceding sentence, if at any time an indemnified party shall have requested an indemnifying party to reimburse the indemnified party for fees and expenses of counsel, an indemnifying party shall not be liable for any such settlement of the nature contemplated by Section 6(a)(1)(iii) effected without its consent if such indemnifying party, prior to the date of such settlement, party (1i) reimburses such indemnified party in accordance with such request for to the amount of extent it considers such fees and expenses of counsel as the indemnifying party believes in good faith request to be reasonable, reasonable and (2ii) provides written notice to the indemnified party specifying the basis for its claim that the indemnifying party disputes in good faith the reasonableness of the unpaid balance is unreasonable, in each case prior to the date of such fees and expensessettlement.
Appears in 2 contracts
Sources: u.s. Purchase Agreement (Select Medical Corp), International Purchase Agreement (Select Medical Corp)
Settlement without Consent if Failure to Reimburse. If at any time an indemnified party shall have requested an indemnifying party to reimburse the indemnified party for fees and expenses of counsel, such indemnifying party agrees that it shall be liable for any settlement of the nature contemplated by Section 6(a)(ii) effected without its written consent if (i) such settlement is entered into more than 45 days after receipt by such indemnifying party of the aforesaid request, (ii) such indemnifying party shall have received notice of the terms of such settlement at least 30 days prior to such settlement being entered into into, and (iii) such indemnifying party shall not have reimbursed such indemnified party in accordance with such request prior to the date of such settlement; provided that . Notwithstanding the immediately preceding sentence, if at any time an indemnified party shall have requested an indemnifying party to reimburse the indemnified party for fees and expenses of counsel, an indemnifying party shall not be liable for any such settlement of the nature contemplated by Section 6(a)(ii) effected without its consent if such indemnifying party, prior to the date of such settlement, party (1i) reimburses such indemnified party in accordance with such request for to the amount of extent it considers such fees and expenses of counsel as the indemnifying party believes in good faith request to be reasonable, reasonable and (2ii) provides written notice to the indemnified party that the indemnifying party disputes in good faith the reasonableness of substantiating the unpaid balance as unreasonable, in each case prior to the date of such fees and expensessettlement.
Appears in 2 contracts
Sources: Underwriting Agreement (Provident Financial Group Inc), Underwriting Agreement (Affiliated Managers Group Inc)
Settlement without Consent if Failure to Reimburse. If at any time an indemnified party shall have requested an indemnifying party to reimburse in accordance with the terms hereof, the indemnified party for fees and expenses of counsel, such indemnifying party agrees that it shall be liable for any settlement of the nature contemplated by Section 6(a)(ii) effected without its written consent if (i) such settlement is entered into more than 45 days after receipt by such indemnifying party of the aforesaid request, (ii) such indemnifying party shall have received notice of the terms of such settlement at least 30 days prior to such settlement being entered into and (iii) such indemnifying party shall not have reimbursed reimbursed, in accordance with the terms hereof, such indemnified party in accordance with such request prior to the date of such settlement; provided that . Notwithstanding the immediately preceding sentence, if at any time an indemnified party shall have requested an indemnifying party to reimburse the indemnified party for fees and expenses of counsel, an indemnifying party shall not be liable for any such settlement of the nature contemplated by Section 6(a)(ii) effected without its consent if such indemnifying party, prior to the date of such settlement, party (1x) reimburses such indemnified party in accordance with such request for to the amount of extent it considers such fees and expenses of counsel as the indemnifying party believes in good faith to be reasonable, reasonably incurred and (2y) provides written notice to the indemnified party that the indemnifying party disputes substantiating in good faith the reasonableness of that the unpaid balance was unreasonably incurred in each case prior to the date of such fees and expensessettlement.
Appears in 2 contracts
Sources: Purchase Agreement (Arch Capital Group Ltd.), Purchase Agreement (Arch Capital Group Ltd.)
Settlement without Consent if Failure to Reimburse. If at any time an indemnified party shall have requested an indemnifying party to reimburse the indemnified party for fees and expenses of counsel, such indemnifying party agrees that it shall be liable for any settlement of the nature contemplated by Section 6(a)(ii) and Section 6(a)(iii) effected without its written consent if (i) such settlement is entered into more than 45 days after receipt by such indemnifying party of the aforesaid request, (ii) such indemnifying party shall have received notice of the terms of such settlement at least 30 days prior to such settlement being entered into and (iii) such indemnifying party shall not have reimbursed such indemnified party in accordance with such request prior to the date of such settlement; provided that an indemnifying party shall not be liable for any such settlement effected without its consent if such indemnifying party, prior to the date of such settlement, (1) reimburses such indemnified party in accordance with such request for the amount of such fees and expenses of counsel as the indemnifying party believes in good faith to be reasonable, and (2) provides written notice to the indemnified party that the indemnifying party disputes in good faith the reasonableness of the unpaid balance of such fees and expenses.
Appears in 2 contracts
Sources: International Purchase Agreement (Exact Corp), u.s. Purchase Agreement (Exact Corp)
Settlement without Consent if Failure to Reimburse. If The indemnifying party under this Section 6 shall not be liable for any settlement of any proceeding effected without its written consent, which shall not be withheld unreasonably, but if settled with such consent or if there is a final non-appealable judgment of a court of competent jurisdiction for the plaintiff, the indemnifying party agrees to indemnify the indemnified party against any loss, claim, damage, liability or expense by reason of such settlement or judgment. Notwithstanding the foregoing sentence, if at any time an indemnified party shall have requested an indemnifying party to reimburse the indemnified party for fees and expenses of counsel, such indemnifying party agrees that it shall be liable for any settlement of the nature contemplated by Section 6(a)(ii) or settlement of any claim in connection with any violation referred to in Section 6(e) effected without its written consent if (i) such settlement is entered into more than 45 days after receipt by such indemnifying party of the aforesaid request, (ii) such indemnifying party shall have received notice of the terms of such settlement at least 30 days prior to such settlement being entered into and (iii) such indemnifying party shall not have reimbursed such indemnified party in accordance with such request prior to the date of such settlement; provided that an indemnifying party shall not be liable for any such settlement effected without its consent if such indemnifying party, prior to the date of such settlement, (1) reimburses such indemnified party in accordance with such request for the amount of such fees and expenses of counsel as the indemnifying party believes in good faith to be reasonable, and (2) provides written notice to the indemnified party that the indemnifying party disputes in good faith the reasonableness of the unpaid balance of such fees and expenses.
Appears in 2 contracts
Sources: Underwriting Agreement (AG Mortgage Investment Trust, Inc.), Underwriting Agreement (AG Mortgage Investment Trust, Inc.)
Settlement without Consent if Failure to Reimburse. If at any time an indemnified party shall have requested an indemnifying party to reimburse in accordance with the terms hereof, the indemnified party for fees and expenses of counsel, such indemnifying party agrees that it shall be liable for any settlement of the nature contemplated by Section 6(a)(ii7(a)(ii) effected without its written consent if (i) such settlement is entered into more than 45 days after receipt by such indemnifying party of the aforesaid request, (ii) such indemnifying party shall have received notice of the terms of such settlement at least 30 days prior to such settlement being entered into and (iii) such indemnifying party shall not have reimbursed reimbursed, in accordance with the terms hereof, such indemnified party in accordance with such request prior to the date of such settlement; provided that . Notwithstanding the immediately preceding sentence, if at any time an indemnified party shall have requested an indemnifying party to reimburse the indemnified party for fees and expenses of counsel, an indemnifying party shall not be liable for any such fees and expenses of counsel, an indemnifying party shall not be liable for any settlement of the nature contemplated by Section 6(a)(ii) effected without its consent if such indemnifying party, prior to the date of such settlement, party (1i) reimburses such indemnified party in accordance with such request for to the amount of extent it considers such fees and expenses of counsel as the indemnifying party believes in good faith request to be reasonable, reasonable and (2ii) provides written notice to the indemnified party that the indemnifying party disputes in good faith the reasonableness of substantiating the unpaid balance as unreasonable in each case prior to the date of such fees and expensessettlement.
Appears in 2 contracts
Sources: Purchase Agreement (Arch Capital Group Ltd.), Purchase Agreement (Arch Capital Group Ltd.)
Settlement without Consent if Failure to Reimburse. If at any time an indemnified party shall have requested an indemnifying party to reimburse the indemnified party for fees and expenses of counsel, such indemnifying party agrees that it shall be liable for any settlement of the nature contemplated by Section 6(a)(ii) effected without its written consent if (i) such settlement is entered into more than 45 days after receipt by such indemnifying party of the aforesaid request, request and (ii) such indemnifying party shall have received notice of the terms of such settlement at least 30 days prior to such settlement being entered into and (iii) such indemnifying party shall not have reimbursed such indemnified party in accordance with such request prior to the date of such settlement; provided provided, however, that an the indemnifying party shall not be liable for any such settlement of any proceeding effected without its written consent if (x) such indemnifying party, prior to the date of such settlement, (1) party reimburses such indemnified party in accordance with such aforesaid request for to the amount of such fees and expenses of counsel as extent the indemnifying party believes in good faith considers such request to be reasonable, reasonable and (2y) such indemnifying party provides written notice to the indemnified party stating that the indemnifying party disputes in good faith the reasonableness of indemnifying party believes the unpaid balance to be unreasonable and substantiating the reasons therefor, in each case prior to the date of such fees and expensessettlement.
Appears in 2 contracts
Sources: Underwriting Agreement (Computer Sciences Corp), Underwriting Agreement (Computer Sciences Corp)
Settlement without Consent if Failure to Reimburse. If The indemnifying party shall not be liable for any settlement of any proceeding effected without its written consent, but if settled with such consent, the indemnifying party agrees to indemnify each indemnified party from and against any loss or liability by reason of such settlement. Notwithstanding the foregoing, if at any time an indemnified party shall have requested an indemnifying party to reimburse the indemnified party for the reasonable and documented out-of-pocket fees and expenses of counselcounsel as contemplated by this Section 6, such indemnifying party agrees that it shall be liable for any settlement of the nature contemplated by Section 6(a)(ii) or settlement of any claim in connection with any violation referred to in Section 6(f) effected without its written consent if (i) such settlement is entered into more than 45 60 days after receipt by such indemnifying party of the aforesaid request, (ii) such indemnifying party shall have received notice of the terms of such settlement at least 30 45 days prior to such settlement being entered into and (iii) such indemnifying party shall not have reimbursed such indemnified party in accordance with such request prior to the date of such settlement; provided that an indemnifying party shall not be liable for any such settlement effected without its consent if such indemnifying party, prior to the date of such settlement, (1) reimburses such indemnified party in accordance with such request for the amount of such fees and expenses of counsel as the indemnifying party believes in good faith to be reasonable, and (2) provides written notice to the indemnified party that the indemnifying party disputes in good faith the reasonableness of the unpaid balance of such fees and expenses.
Appears in 2 contracts
Sources: Underwriting Agreement (Fortegra Group, Inc), Underwriting Agreement (Fortegra Group, LLC)
Settlement without Consent if Failure to Reimburse. If at any time an indemnified party shall have requested an indemnifying party to reimburse the indemnified party for fees and expenses of counsel, such indemnifying party agrees that it shall be liable for any settlement of the nature contemplated by Section 6(a)(ii8(a)(ii) effected without its written consent if (i) such settlement is entered into more than 45 days after receipt by such indemnifying party of the aforesaid request, (ii) such indemnifying party shall have received notice of the terms of such settlement at least 30 days prior to such settlement being entered into and (iii) such indemnifying party shall not have reimbursed such indemnified party in accordance with such request prior to the date of such settlement; provided that . Notwithstanding the immediately preceding sentence, if at any time an indemnified party shall have requested an indemnifying party to reimburse the indemnified party for fees and expenses of counsel, an indemnifying party shall not be liable for any such settlement effected of the nature contemplated by Section 8(a)(ii) affected without its consent if such indemnifying party, prior to the date of such settlement, party (1i) reimburses such indemnified party in accordance with such request for to the amount of extent it considers such fees and expenses of counsel as the indemnifying party believes in good faith request to be reasonable, reasonable and (2ii) provides written notice to the indemnified party that the indemnifying party disputes in good faith the reasonableness of substantiating the unpaid balance as unreasonable, in each case prior to the date of such fees and expensessettlement.
Appears in 2 contracts
Sources: Distribution Agreement (Conseco Inc), Distribution Agreement (Conseco Inc)
Settlement without Consent if Failure to Reimburse. If at any time an indemnified party shall have requested an indemnifying party to reimburse the indemnified party for fees and expenses of counsel, such indemnifying party agrees that it shall be liable for any settlement of the nature contemplated by Section 6(a)(ii7(a)(ii) hereof effected without its written consent if (i) such settlement is entered into more than 45 days after receipt by such indemnifying party of the aforesaid request, (ii) such indemnifying party shall have received notice of the terms of such settlement at least 30 days prior to such settlement being entered into and (iii) such indemnifying party shall not have reimbursed such indemnified party in accordance with such request prior to the date of such settlement; provided that an . The indemnified party shall promptly reimburse the indemnifying party for all amounts advanced to it pursuant to this Section 7(d) hereof (unless it is entitled to such amounts under Section 8 hereof) if it shall not be liable for any such settlement effected without its consent if such indemnifying party, prior to the date of such settlement, (1) reimburses finally judicially determined that such indemnified party was not entitled to indemnification hereunder and such loss, liability, claim, damage or expense arose out of (i) an untrue statement or omission or alleged untrue statement or omission made in accordance reliance upon and in conformity with such request for written information furnished to the amount of such fees Company by and expenses of counsel as the indemnifying party believes in good faith to be reasonable, and (2) provides written notice relating to the indemnified party that expressly for use in the indemnifying party disputes in good faith Registration Statements (or any amendment thereto) or any preliminary prospectus supplement or the reasonableness Prospectus (or any amendment or supplement thereto) or (ii) a fraudulent misrepresentation (within the meaning of Section 11 of the unpaid balance of such fees and expenses▇▇▇▇ ▇▇▇) by the indemnified party.
Appears in 2 contracts
Sources: u.s. Purchase Agreement (Lowes Companies Inc), International Purchase Agreement (Lowes Companies Inc)
Settlement without Consent if Failure to Reimburse. If at any time an indemnified party shall have requested in writing an indemnifying party to reimburse the indemnified party for fees and expenses of counsel, such indemnifying party agrees that it shall be liable for any settlement of the nature contemplated by Section 6(a)(ii) effected without its written consent if (i) such settlement is entered into more than 45 days after receipt by such indemnifying party of the aforesaid request, (ii) such indemnifying party shall have received notice of the terms of such settlement at least 30 days prior to such settlement being entered into and (iii) such indemnifying party shall not have reimbursed such indemnified party in accordance with such request prior to the date of such settlement; provided that provided, however, if at any time an indemnified -------- ------- party shall have requested an indemnifying party to reimburse the indemnified party for fees and expenses of counsel, an indemnifying party shall not be liable for any such settlement of the nature contemplated by this Section 6(d) effected without its written consent if (x) such indemnifying party, prior to the date of such settlement, (1) party reimburses such indemnified party in accordance with such request for to the amount of extent it considers such fees and expenses of counsel as the indemnifying party believes in good faith request to be reasonable, ; and (2y) such indemnifying party provides written notice to the indemnified party that the indemnifying party disputes in good faith the reasonableness of substantiating the unpaid balance as unreasonable, in each case prior to the date of such fees and expensessettlement.
Appears in 2 contracts
Sources: International Purchase Agreement (Boston Properties Inc), u.s. Purchase Agreement (Boston Properties Inc)
Settlement without Consent if Failure to Reimburse. If at any time an indemnified party shall have requested an indemnifying party to reimburse the indemnified party for fees and expenses of counsel, such indemnifying party agrees that it shall be liable for any settlement of the nature contemplated by Section 6(a)(ii7(a)(ii) effected without its written consent if (i) such settlement is entered into more than 45 days after receipt by such indemnifying party of the aforesaid request, (ii) such indemnifying party shall have received notice of the terms of such settlement at least 30 days prior to such settlement being entered into and (iii) such indemnifying party shall not have reimbursed such indemnified party in accordance with such request prior to the date of such settlement; provided that . Notwithstanding the immediately preceding sentence, if at any time an indemnified party shall have requested an indemnifying party to reimburse the indemnified party for fees and expenses of counsel, an indemnifying party shall not be liable for any such settlement of the nature contemplated by Section 7(a)(ii) effected without its consent if such indemnifying party, prior to the date of such settlement, party (1i) reimburses such indemnified party in accordance with such request for to the amount of extent it considers such fees and expenses of counsel as the indemnifying party believes in good faith request to be reasonable, reasonable and (2ii) provides written notice to the indemnified party that the indemnifying party disputes in good faith the reasonableness of substantiating the unpaid balance as unreasonable, in each case prior to the date of such fees and expensessettlement.
Appears in 2 contracts
Sources: Purchase Agreement (Questar Market Resources Inc), Purchase Agreement (Case Corp)
Settlement without Consent if Failure to Reimburse. If The indemnifying party under this Section 6 shall not be liable for any settlement of any proceeding effected without its written consent, which will not be unreasonably withheld, but if settled with such consent or if there be a final judgment for the plaintiff, the indemnifying party agrees to indemnify the indemnified party against any loss, claim, damage, liability or expense by reason of such settlement or judgment. Notwithstanding the foregoing sentence, if at any time an indemnified party shall have requested an indemnifying party to reimburse the indemnified party for reasonably incurred fees and expenses of counselcounsel in accordance with this Section 6, such indemnifying party agrees that it shall be liable for any settlement of the nature contemplated by Section 6(a)(ii) effected 6(a)(ii)effected without its written consent if (i) such settlement is entered into more than 45 calendar days after receipt by such indemnifying party of the aforesaid request, (ii) such indemnifying party shall have received notice of the terms of such settlement at least 30 calendar days prior to such settlement being entered into and (iii) such indemnifying party shall not have reimbursed such indemnified party in accordance with such request prior to the date of such settlement; provided that an indemnifying party shall not be liable for any such settlement effected without its consent if such indemnifying party, prior to the date of such settlement, (1) reimburses such indemnified party in accordance with such request for the amount of such fees and expenses of counsel as the indemnifying party believes in good faith to be reasonable, and (2) provides written notice to the indemnified party that the indemnifying party disputes in good faith the reasonableness of the unpaid balance of such fees and expenses.
Appears in 2 contracts
Sources: Underwriting Agreement (OM Asset Management PLC), Underwriting Agreement (OM Asset Management PLC)
Settlement without Consent if Failure to Reimburse. If at any time an indemnified party shall have validly requested an indemnifying party to reimburse the indemnified party for fees and expenses of counsel, such indemnifying party agrees that it shall be liable for any settlement of the nature contemplated by Section 6(a)(ii7(a)(ii) effected without its written consent if (i) such settlement is entered into more than 45 days after receipt by such indemnifying party of the aforesaid request, (ii) such indemnifying party shall have received notice of the terms of such settlement at least 30 days prior to such settlement being entered into and (iii) such indemnifying party shall not have reimbursed such indemnified party in accordance with such request prior to the date of such settlement; provided , PROVIDED, HOWEVER, that an indemnifying party shall not be liable for any such settlement effected without its consent if such indemnifying partyparty (1) reimburses such indemnified party with respect to those fees and expenses of counsel that it determines in good faith are reasonable and (2) provides written notice within 10 days after receipt of the request for reimbursement to the indemnified party substantiating the unpaid balance as unreasonable, in each case prior to the date of such settlement, (1) reimburses such indemnified party in accordance with such request for the amount of such fees and expenses of counsel as the indemnifying party believes in good faith to be reasonable, and (2) provides written notice to the indemnified party that the indemnifying party disputes in good faith the reasonableness of the unpaid balance of such fees and expenses.
Appears in 2 contracts
Sources: Placement Agreement (Chandler Usa Inc), Placement Agreement (Chandler Usa Inc)
Settlement without Consent if Failure to Reimburse. If at any time an indemnified party shall have requested an indemnifying party to reimburse the indemnified party for reasonable fees and expenses of counsel, such indemnifying party agrees that it shall be liable for any settlement of the nature contemplated by Section 6(a)(ii7(a)(ii) effected without its written consent if (i) such settlement is entered into more than 45 days after receipt by such indemnifying party of the aforesaid request, (ii) such indemnifying party shall have received notice of the terms of such settlement at least 30 days prior to such settlement being entered into and (iii) such indemnifying party shall not have reimbursed such indemnified party in accordance with such request prior to the date of such settlement; provided that . Notwithstanding the immediately preceding sentence, if at any time an indemnified party shall have requested an indemnifying party to reimburse the indemnified party for fees and expenses of counsel, an indemnifying party shall not be liable for any such settlement of the nature contemplated by Section 7(a)(ii) effected without its consent if such indemnifying party, prior to the date of such settlement, party (1i) reimburses such indemnified party in accordance with such request for to the amount of extent it considers such fees and expenses of counsel as the indemnifying party believes in good faith request to be reasonable, reasonable and (2ii) provides written notice to the indemnified party that the indemnifying party disputes in good faith the reasonableness of substantiating the unpaid balance as unreasonable, in each case prior to the date of such fees and expensessettlement.
Appears in 2 contracts
Sources: Underwriting Agreement (Abn Amro Bank Nv), Underwriting Agreement (Abn Amro Bank Nv)
Settlement without Consent if Failure to Reimburse. If at any time an indemnified party shall have requested an indemnifying party to reimburse the indemnified party for fees and expenses of counsel, such indemnifying party agrees that it shall be liable for any settlement of the nature contemplated by Section 6(a)(ii6(a)(iii) effected without its written consent if (i) such settlement is entered into more than 45 days after receipt by such indemnifying party of the aforesaid request, (ii) such indemnifying party shall have received notice of the terms of such settlement at least 30 days prior to such settlement being entered into and (iii) such indemnifying party shall not have reimbursed such indemnified party in accordance with such request prior to the date of such settlement; provided that . Notwithstanding the immediately preceding sentence, if at any time an indemnified party shall have requested an indemnifying party to reimburse the indemnified party for fees and expenses of counsel, an indemnifying party shall not be liable for any such settlement of the nature contemplated by Section 6(a)(iii) effected without its consent if such indemnifying party, prior to the date of such settlement, party (1i) reimburses such the indemnified party in accordance with such request for to the amount of extent it consider such fees and expenses of counsel as the indemnifying party believes in good faith request to be reasonable, reasonable and (2ii) provides written notice to the indemnified party that which fully explains the indemnifying party disputes in good faith the reasonableness of the party's belief that any unpaid balance of such fees and expensesrequest is unreasonable, in each case prior to the date of such settlement.
Appears in 2 contracts
Sources: Purchase Agreement (Information Holdings Inc), Purchase Agreement (Information Holdings Inc)
Settlement without Consent if Failure to Reimburse. If at any time an indemnified party shall have requested an indemnifying party to reimburse the indemnified party for fees and expenses of counsel, such indemnifying party agrees that it shall be liable for any settlement of the nature contemplated by Section 6(a)(ii) effected without its written consent if (i) such settlement is entered into more than 45 days after receipt by such indemnifying party of the aforesaid request, (ii) such indemnifying party shall have received notice of the terms of such settlement at least 30 days prior to such settlement being entered into and (iii) such indemnifying party shall not have reimbursed such indemnified party in accordance with such request prior to the date of such settlement; provided that an . An indemnifying party will not, without the prior written consent of the applicable indemnified parties, which consent shall not be liable for any such settlement effected without its unreasonably withheld or delayed, settle or compromise or consent if such indemnifying party, prior to the date entry of any judgment with respect to any pending or threatened claim, action, suit or proceeding in respect of which indemnification or contribution may be sought hereunder (whether or not the indemnified parties are actual parties to such claim or action or have been threatened to become parties to such claim or action) unless such settlement, compromise or consent includes (1x) reimburses such an unconditional release of each indemnified party in accordance with such request for the amount from all liability arising out of such fees and expenses of counsel as the indemnifying party believes in good faith to be reasonableclaim, action, suit or proceeding; and (2y) provides written notice does not include a statement as to, or an admission of, fault, culpability or a failure to the act, by or on behalf of any indemnified party that the indemnifying party disputes in good faith the reasonableness of the unpaid balance of such fees and expensesparty.
Appears in 2 contracts
Sources: Underwriting Agreement (Wec Energy Group, Inc.), Underwriting Agreement (Wisconsin Public Service Corp)
Settlement without Consent if Failure to Reimburse. If at any time an indemnified party shall have requested an indemnifying party to reimburse the indemnified party for fees and expenses of counsel, such indemnifying party agrees that it shall be liable for any settlement of the nature contemplated by Section 6(a)(ii) effected without its written consent if (i) such settlement is entered into more than 45 days after receipt by such indemnifying party of the aforesaid request, (ii) such indemnifying party shall have received notice of the terms of such settlement at least 30 days prior to such settlement being entered into and (iii) such indemnifying party shall not have reimbursed such indemnified party in accordance with such request prior to the date of such settlement; provided that . Notwithstanding the immediately preceding sentence, if at any time an indemnified party shall have requested an indemnifying party to reimburse the indemnified party for fees and expenses of counsel, an indemnifying party shall not be liable for any such settlement of the nature contemplated by Section 6(a)(ii) effected without its consent if such indemnifying party, prior to the date of such settlement, party (1i) reimburses such the indemnified party in accordance with such request for to the amount of extent it consider such fees and expenses of counsel as the indemnifying party believes in good faith request to be reasonable, reasonable and (2ii) provides written notice to the indemnified party that which fully explains the indemnifying party disputes in good faith the reasonableness of the party's belief that any unpaid balance of such fees and expensesrequest is unreasonable, in each case prior to the date of such settlement.
Appears in 2 contracts
Sources: Purchase Agreement (Penn National Gaming Inc), Purchase Agreement (Information Holdings Inc)
Settlement without Consent if Failure to Reimburse. If at any time an indemnified party shall have requested an indemnifying party to reimburse the indemnified party for fees and expenses of counsel, such indemnifying party agrees that it shall be liable for any settlement of the nature contemplated by Section 6(a)(ii7(a)(ii) effected without its written consent if (i) such settlement is entered into more than 45 days after receipt by such indemnifying party of the aforesaid request, (ii) such indemnifying party shall have received notice of the terms of such settlement at least 30 days prior to such settlement being entered into and (iii) such indemnifying party shall not have reimbursed such indemnified party in accordance with such request prior to the date of such settlement; provided that . Notwithstanding the immediately preceding sentence, if at any time an indemnified party shall have requested an indemnifying party to reimburse the indemnified party for fees and expenses of counsel, an indemnifying party shall not be liable for any such settlement of the nature contemplated by Section 7(a)(ii) effected without its consent if such indemnifying party, prior to the date of such settlement, party (1i) reimburses such indemnified party in accordance with such request for to the amount of such fees and expenses of counsel as extent the indemnifying party believes in good faith considers such request to be reasonable, reasonable and (2ii) provides provided written notice to the indemnified party that the indemnifying party disputes in good faith the reasonableness of substantiating the unpaid balance as unreasonable, in each case prior to the date of such fees and expensessettlement.
Appears in 2 contracts
Sources: Purchase Agreement (Pogo Producing Co), Purchase Agreement (Pogo Producing Co)
Settlement without Consent if Failure to Reimburse. If at any time an indemnified party shall have requested an indemnifying party to reimburse the indemnified party for fees and expenses of counsel, such indemnifying party agrees that it shall be liable for any settlement of the nature contemplated by Section 6(a)(ii) effected without its written consent if (i) such settlement is entered into more than 45 days after receipt by such indemnifying party of the aforesaid request, (ii) such indemnifying party shall have received notice of the terms of such settlement at least 30 days prior to such settlement being entered into and (iii) such indemnifying party shall not have reimbursed such indemnified party in accordance with such request prior to the date of such settlement; provided that an indemnifying party shall not be liable for any such settlement effected without its consent if such indemnifying party, prior to the date of such settlement, (1) reimburses such indemnified party in accordance with such request for the amount of such fees and expenses of counsel as the indemnifying party believes in good faith to be reasonable, reasonable and (2) provides written notice to the indemnified party that the indemnifying party disputes in good faith the reasonableness of the unpaid balance of such fees and expenses.
Appears in 2 contracts
Sources: Purchase Agreement (Centerprise Advisors Inc), Purchase Agreement (Waste Management Inc /De/)
Settlement without Consent if Failure to Reimburse. If at any time an indemnified party shall have requested an indemnifying party to reimburse the indemnified party for fees and expenses of counsel, such indemnifying party agrees that it shall be liable for any settlement of the nature contemplated by Section 6(a)(ii) effected without its written consent if (i) such settlement is entered into more than 45 days after receipt by such indemnifying party of the aforesaid request, (ii) such indemnifying party shall have received notice of the terms of such settlement at least 30 days prior to such settlement being entered into and (iii) such indemnifying party shall not have reimbursed such indemnified party in accordance with such request prior to the date of such settlement; provided that . Notwithstanding the immediately preceding sentence, if at any time an indemnified party shall have requested in good faith an indemnifying party to reimburse the indemnified party for specified fees and expenses of counsel (the "Requested Expenses"), an indemnifying party shall not be liable for any such settlement of the nature contemplated by Section 6(a)(ii) that is effected without its consent if such indemnifying party(after satisfaction of each of the conditions set forth in the immediately preceding sentence) if, prior to the date of such settlement, (1) such indemnifying party determines in good faith that the Requested Expenses are not reasonable, reimburses such indemnified party in accordance with such request for the amount portion of such fees and expenses of counsel as the indemnifying party believes in good faith Requested Expenses it considers to be reasonable, reasonable and (2) provides written notice to the indemnified party substantiating the fact that the indemnifying party disputes in good faith the reasonableness of the unpaid balance of such fees and expensesthe Requested Expenses is unreasonable.
Appears in 2 contracts
Sources: International Purchase Agreement (National Oilwell Inc), u.s. Purchase Agreement (National Oilwell Inc)
Settlement without Consent if Failure to Reimburse. If at any time an indemnified party shall have requested an indemnifying party to reimburse the indemnified party for fees and expenses of counselcounsel as contemplated by this Section 6, such indemnifying party (together with any other joint indemnifying party) agrees that it shall be liable for any settlement of the nature contemplated by Section 6(a)(ii) effected without its written consent if (i) such settlement is entered into more than 45 days after receipt by such indemnifying party of the aforesaid request, request and (ii) such indemnifying party shall have received notice of the terms of such settlement at least 30 days prior to such settlement being entered into and (iii) such indemnifying party shall not have reimbursed such indemnified party in accordance with such request prior to the date of such settlement; provided that an indemnifying party shall not be liable for any such settlement effected without its prior written consent if such indemnifying party, prior to the date of such settlement, party (1A) reimburses such indemnified party in accordance with such request for to the amount of extent it considers such fees and expenses of counsel as the indemnifying party believes in good faith request to be reasonable, reasonable and (2B) provides written notice to the indemnified party that the indemnifying party disputes in good faith the reasonableness of substantiating the unpaid balance as unreasonable, in each case prior to the date of such fees and expensessettlement.
Appears in 2 contracts
Sources: Underwriting Agreement (SiriusPoint LTD), Underwriting Agreement (Enstar Group LTD)
Settlement without Consent if Failure to Reimburse. If at any time an indemnified party shall have requested an indemnifying party to reimburse the indemnified party for fees and expenses of counsel, such indemnifying party agrees that it shall be liable for any settlement of the nature contemplated by Section 6(a)(ii) effected without its written consent if (i) such settlement is entered into more than 45 days after receipt by such indemnifying party of the aforesaid request, (ii) such indemnifying party shall have received notice of the terms of such settlement at least 30 days prior to such settlement being entered into and (iii) such indemnifying party shall not have reimbursed such indemnified party in accordance with such request prior to the date of such settlement; provided that . Notwithstanding the immediately preceding sentence, if at any time an indemnified party shall have requested an indemnifying party to reimburse the indemnified party for fees and expenses of counsel, an indemnifying party shall not be liable for any such settlement of the nature contemplated by Section 6(a)(ii) effected without its written consent if such indemnifying party, prior to the date of such settlement, party (1x) reimburses such indemnified party in accordance with such request for to the amount of extent it considers such fees and expenses of counsel as the indemnifying party believes in good faith request to be reasonable, reasonable and (2y) provides written notice to the indemnified party that the indemnifying party disputes in good faith the reasonableness of substantiating the unpaid balance as unreasonable, in each case prior to the date of such fees and expensessettlement.
Appears in 2 contracts
Sources: International Purchase Agreement (Westfield America Inc), u.s. Purchase Agreement (Westfield America Inc)
Settlement without Consent if Failure to Reimburse. If at any time an indemnified party shall have requested an indemnifying party to reimburse in accordance with the terms hereof, the indemnified party for fees and expenses of counsel, such indemnifying party agrees that it shall be liable for any settlement of the nature contemplated by Section 6(a)(ii7(a)(ii) effected without its written consent if (i) such settlement is entered into more than 45 days after receipt by such indemnifying party of the aforesaid request, (ii) such indemnifying party shall have received notice of the terms of such settlement at least 30 days prior to such settlement being entered into and (iii) such indemnifying party shall not have reimbursed reimbursed, in accordance with the terms hereof, such indemnified party in accordance with such request prior to the date of such settlement; provided that . Notwithstanding the immediately preceding sentence, if at any time an indemnified party shall have requested an indemnifying party to reimburse the indemnified party for fees and expenses of counsel, an indemnifying party shall not be liable for any such settlement of the nature contemplated by Section 6(a)(ii) effected without its consent if such indemnifying party, prior to the date of such settlement, party (1i) reimburses such indemnified party in accordance with such request for to the amount of extent it considers such fees and expenses of counsel as the indemnifying party believes in good faith request to be reasonable, reasonable and (2ii) provides written notice to the indemnified party that the indemnifying party disputes in good faith the reasonableness of substantiating the unpaid balance as unreasonable, in each case prior to the date of such fees and expensessettlement.
Appears in 2 contracts
Sources: Underwriting Agreement (Arch Capital Group LTD), Purchase Agreement (Arch Capital Group LTD)
Settlement without Consent if Failure to Reimburse. If at any time an indemnified party shall have requested an indemnifying party to reimburse in accordance with the terms hereof, the indemnified party for fees and expenses of counsel, such indemnifying party agrees that it shall be liable for any settlement of the nature contemplated by Section 6(a)(ii8(a)(ii) effected without its written consent if (i) such settlement is entered into more than 45 days after receipt by such indemnifying party of the aforesaid request, (ii) such indemnifying party shall have received notice of the terms of such settlement at least 30 days prior to such settlement being entered into and (iii) such indemnifying party shall not have reimbursed reimbursed, in accordance with the terms hereof, such indemnified party in accordance with such request prior to the date of such settlement; provided that . Notwithstanding the immediately preceding sentence, if at any time an indemnified party shall have requested an indemnifying party to reimburse the indemnified party for fees and expenses of counsel, an indemnifying party shall not be liable for any such settlement of the nature contemplated by Section 8(a)(ii) effected without its consent if such indemnifying party, prior to the date of such settlement, party (1i) reimburses such indemnified party in accordance with such request for to the amount of extent it considers such fees and expenses of counsel as the indemnifying party believes in good faith to be reasonable, reasonably incurred and (2ii) provides written notice to the indemnified party that the indemnifying party disputes substantiating in good faith the reasonableness of that the unpaid balance was unreasonably incurred in each case prior to the date of such fees and expensessettlement.
Appears in 2 contracts
Sources: Purchase Agreement (Arch Capital Group Ltd.), Purchase Agreement (Arch Capital Group Ltd.)
Settlement without Consent if Failure to Reimburse. If at any time an indemnified party shall have requested an indemnifying party to reimburse the indemnified party for reasonable fees and expenses of counsel, such indemnifying party agrees that it shall be liable for any settlement of the nature contemplated by Section 6(a)(ii7(a)(ii) effected without its written consent if (i) such settlement is entered into more than 45 days after receipt by such indemnifying party of the aforesaid request, (ii) such indemnifying party shall have received notice of the terms of such settlement at least 30 days prior to such settlement being entered into and (iii) such indemnifying party shall not have reimbursed such indemnified party in accordance with such request prior to the date of such settlement; provided that . Notwithstanding the immediately preceding sentence, if at any time an indemnified party shall have requested an indemnifying party to reimburse the indemnified party for reasonable fees and expenses of counsel, an indemnifying party shall not be liable for any such settlement of the nature contemplated by Section 7(a)(ii) effected without its consent if such indemnifying party, prior to the date of such settlement, party (1i) reimburses such indemnified party in accordance with such request for to the amount of extent it considers such fees and expenses of counsel as the indemnifying party believes in good faith request to be reasonable, reasonable and (2ii) provides written notice to the indemnified party that the indemnifying party disputes in good faith the reasonableness of substantiating the unpaid balance as unreasonable, in each case prior to the date of such fees and expensessettlement.
Appears in 2 contracts
Sources: u.s. Purchase Agreement (Ocean Energy Inc), International Purchase Agreement (Ocean Energy Inc)
Settlement without Consent if Failure to Reimburse. If at any time an indemnified party shall have requested an indemnifying party to reimburse the indemnified party for fees and expenses of counsel, such indemnifying party agrees that it shall be liable for any settlement of the nature contemplated by Section 6(a)(ii6(a)(1)(ii) or Section 6(a)(1)(iii) effected without its written consent if (i) such settlement is entered into more than 45 60 days after receipt by such indemnifying party of the aforesaid request, (ii) such indemnifying party shall have received notice of the terms of such settlement at least 30 45 days prior to such settlement being entered into and (iii) such indemnifying party shall not have reimbursed such indemnified party in accordance with such request prior to the date of such settlement; provided that . Notwithstanding the immediately preceding sentence, if at any time an indemnified party shall have requested an indemnifying party to reimburse the indemnified party for fees and expenses of counsel, an indemnifying party shall not be liable for any such settlement of the nature contemplated by Section 6(a)(1)(ii) or Section 6(a)(1)(iii) effected without its consent if such indemnifying party, prior to the date of such settlement, party (1i) reimburses such indemnified party in accordance with such request for to the amount of extent it considers such fees and expenses of counsel as the indemnifying party believes in good faith request to be reasonable, reasonable and (2ii) provides written notice to the indemnified party that the indemnifying party disputes in good faith the reasonableness of substantiating the unpaid balance as unreasonable, in each case prior to the date of such fees and expensessettlement.
Appears in 2 contracts
Sources: International Purchase Agreement (Metro-Goldwyn-Mayer Inc), u.s. Purchase Agreement (Metro-Goldwyn-Mayer Inc)
Settlement without Consent if Failure to Reimburse. If at any time an indemnified party shall have requested an indemnifying party to reimburse the indemnified party for fees and expenses of counsel, such indemnifying party agrees that it shall be liable for any settlement of the nature contemplated by Section 6(a)(ii) or 6(b)(ii) effected without its written consent if (i) such settlement is entered into more than 45 days after receipt by such indemnifying party of the aforesaid request, (ii) such indemnifying party shall have received notice of the terms of such settlement at least 30 days prior to such settlement being entered into and (iii) such indemnifying party shall not have reimbursed such indemnified party in accordance with such request prior to the date of such settlement; provided that . Notwithstanding the immediately preceding sentence, if at any time an indemnified party shall have requested an indemnifying party to reimburse the indemnified party for fees and expenses of counsel, an indemnifying party shall not be liable for any such settlement of the nature contemplated by Section 6(a)(ii) or 6(b)(ii) effected without its consent if such indemnifying party, prior to the date of such settlement, party (1i) reimburses such indemnified party in accordance with such request for to the amount of extent it considers such fees and expenses of counsel as the indemnifying party believes in good faith request to be reasonable, reasonable and (2ii) provides written notice to the indemnified party that the indemnifying party disputes in good faith the reasonableness of substantiating the unpaid balance as unreasonable, in each case prior to the date of such fees and expensessettlement.
Appears in 2 contracts
Sources: u.s. Purchase Agreement (Agco Corp /De), International Purchase Agreement (Agco Corp /De)
Settlement without Consent if Failure to Reimburse. If The indemnified party will not, without the prior written consent of the indemnifying party (which consent shall not be unreasonably withheld, conditioned or delayed) settle or compromise or consent to the entry of any judgment with respect to any litigation, or any investigation or proceeding by any governmental agency or body, commenced or threatened, or any claim whatsoever in respect of which indemnification or contribution could be sought under this Section 7 or Section 8 hereof; provided, however, notwithstanding the foregoing sentence, if at any time an indemnified party shall have requested an indemnifying party to reimburse the indemnified party for fees and expenses of counsel, such indemnifying party agrees that it shall be liable for any settlement of the nature contemplated by Section 6(a)(ii7(a)(ii) effected without its written consent if (i) such settlement is entered into more than 45 60 days after receipt by such indemnifying party of the aforesaid request, (ii) such indemnifying party shall have received notice of the terms of such settlement at least 30 45 days prior to such settlement being entered into and (iii) such indemnifying party shall not have reimbursed such indemnified party in accordance with such request prior to the date of such settlement; provided that an indemnifying party shall not be liable for any such settlement effected without its consent if such indemnifying party, prior to the date of such settlement, (1) reimburses such indemnified party in accordance with such request for the amount of such fees and expenses of counsel as the indemnifying party believes in good faith to be reasonable, and (2) provides written notice to the indemnified party that the indemnifying party disputes in good faith the reasonableness of the unpaid balance of such fees and expenses.
Appears in 2 contracts
Sources: Underwriting Agreement (Amalgamated Financial Corp.), Underwriting Agreement (Banc of California, Inc.)
Settlement without Consent if Failure to Reimburse. If at any time an indemnified party shall have requested in writing an indemnifying party to reimburse the indemnified party for fees and expenses of counsel, such indemnifying party agrees that it shall be liable for any settlement of the nature contemplated by Section 6(a)(ii) effected without its written consent if (i) such settlement is entered into more than 45 days after receipt by such indemnifying party of the aforesaid written request, (ii) such indemnifying party shall have received notice of the terms of such settlement at least 30 days prior to such settlement being entered into and (iii) such indemnifying party shall not have reimbursed such indemnified party in accordance with such written request prior to the date of such settlement; provided that . Notwithstanding the immediately preceding sentence, if at any time an indemnified party shall have requested in writing an indemnifying party to reimburse the indemnified party for fees and expenses of counsel, an indemnifying party shall not be liable for any such settlement of the nature contemplated by Section 6(d) effected without its written consent if (x) such indemnifying party, prior to the date of such settlement, (1) party reimburses such indemnified party in accordance with such request for to the amount of extent it considers such fees and expenses of counsel as the indemnifying party believes in good faith request to be reasonable, ; and (2y) such indemnifying party provides written notice to the indemnified party that the indemnifying party disputes in good faith the reasonableness of substantiating the unpaid balance as unreasonable, in each case prior to the date of such fees and expensessettlement.
Appears in 2 contracts
Sources: Purchase Agreement (U S Wireless Corp), Purchase Agreement (Autozone Inc)
Settlement without Consent if Failure to Reimburse. If at any time an indemnified party shall have requested an indemnifying party to reimburse the indemnified party for fees and expenses of counsel, such indemnifying party agrees that it shall be liable for any settlement of the nature contemplated by Section 6(a)(ii) effected without its written consent if (i) such settlement is entered into more than 45 days after receipt by such indemnifying party of the aforesaid request, (ii) such indemnifying party shall have received notice of the terms of such settlement at least 30 days prior to such settlement being entered into and (iii) such indemnifying party shall not have reimbursed such indemnified party in accordance with such request prior to the date of such settlement; provided that . Notwithstanding the immediately preceding sentence, if at any time an indemnified party shall have requested an indemnifying party to reimburse the indemnified party for fees and expenses of counsel, an indemnifying party shall not be liable for any such settlement of the nature contemplated by Section 6(a)(ii) effected without its consent if such indemnifying party, prior to the date of such settlement, party (1i) reimburses such indemnified party in accordance with such request for to the amount of such fees and expenses of counsel as extent the indemnifying party believes in good faith considers such request to be reasonable, reasonable and (2ii) provides written notice to the indemnified party that the indemnifying party disputes in good faith the reasonableness of substantiating the unpaid balance as unreasonable, in each case prior to the date of such fees and expensessettlement.
Appears in 2 contracts
Sources: International Purchase Agreement (Oil States International Inc), u.s. Purchase Agreement (Oil States International Inc)
Settlement without Consent if Failure to Reimburse. If at any time an indemnified party shall have requested in writing an indemnifying party to reimburse the indemnified party for fees and expenses of counsel, such indemnifying party agrees that it shall be liable for any settlement of the nature contemplated by Section 6(a)(ii6(a)(iii) effected without its written consent if (i) such settlement is entered into more than 45 days after receipt by such indemnifying party of the aforesaid request, (ii) such indemnifying party shall have received notice of the terms of such settlement at least 30 days prior to such settlement being entered into and (iii) such indemnifying party shall not have reimbursed such indemnified party in accordance with such request prior to the date of such settlement; provided that . Notwithstanding the immediately preceding sentence, if at any time an indemnified party shall have requested an indemnifying party to reimburse the indemnified party for fees and expenses of counsel, an indemnifying party shall not be liable for any such settlement of the nature contemplated by Section 6(a)(iii) effected without its consent if such indemnifying party, prior to the date of such settlement, party (1i) reimburses such indemnified party in accordance with such request for to the amount of extent it considers such fees and expenses of counsel as the indemnifying party believes in good faith request to be reasonable, reasonable and (2ii) provides written notice to the indemnified party that the indemnifying party disputes in good faith the reasonableness of substantiating the unpaid balance as unreasonable, in each case prior to the date of such fees and expensessettlement.
Appears in 2 contracts
Sources: International Purchase Agreement (Merkert American Corp), u.s. Purchase Agreement (Merkert American Corp)
Settlement without Consent if Failure to Reimburse. If at any time an indemnified party shall have requested an indemnifying party to reimburse the indemnified party for fees and expenses of counsel, such indemnifying party agrees that it shall be liable for any settlement of the nature contemplated by Section 6(a)(ii) hereof effected without its written consent if (i) such settlement is entered into more than 45 days after receipt by such indemnifying party of the aforesaid request, (ii) such indemnifying party shall have received notice of the terms of such settlement at least 30 days prior to such settlement being entered into and (iii) such indemnifying party shall not have reimbursed such indemnified party in accordance with such request prior to the date of such settlement; provided that an . The indemnified party shall promptly reimburse the indemnifying party for all amounts advanced to it pursuant to this Section 6(d) hereof (unless it is entitled to such amounts under Section 7 hereof) if it shall not be liable for any such settlement effected without its consent if such indemnifying party, prior to the date of such settlement, (1) reimburses finally judicially determined that such indemnified party was not entitled to indemnification hereunder and such loss, liability, claim, damage or expense arose out of (i) an untrue statement or omission or alleged untrue statement or omission made in accordance reliance upon and in conformity with such request for written information furnished to the amount of such fees and expenses of counsel as the indemnifying party believes in good faith to be reasonable, and (2) provides written notice to Company by the indemnified party that expressly for use in the indemnifying party disputes in good faith Registration Statement (or any amendment thereto), including the reasonableness Rule 430B Information or any Issuer Free Writing Prospectus, the Preliminary Prospectus or the Prospectus (or any amendment or supplement thereto) or (ii) a fraudulent misrepresentation (within the meaning of Section 11 of the unpaid balance of such fees and expenses▇▇▇▇ ▇▇▇) by the indemnified party.
Appears in 2 contracts
Sources: Underwriting Agreement (Nucor Corp), Underwriting Agreement (Nucor Corp)
Settlement without Consent if Failure to Reimburse. If at any time an indemnified party shall have requested an indemnifying party to reimburse the indemnified party for fees and expenses of counsel, such indemnifying party agrees that it shall be liable for any settlement of the nature contemplated by Section 6(a)(ii) effected without its written consent if (i) such settlement is entered into more than 45 days after receipt by such indemnifying party of the aforesaid request, (ii) such indemnifying party shall have received notice of the terms of such settlement at least 30 days prior to such settlement being entered into and (iii) such indemnifying party shall not have reimbursed such indemnified party in accordance with such request prior to the date of such settlement; provided that . Notwithstanding the immediately preceding sentence, if at any time an indemnified party shall have requested an indemnifying party to reimburse the indemnified party for fees and expenses of counsel, an indemnifying party shall not be liable for any such settlement of the nature contemplated by Section 7(a)(ii) effected without its consent if such indemnifying party, prior to the date of such settlement, party (1i) reimburses such indemnified party in accordance with such request for to the amount of extent it considers such fees and expenses of counsel as the indemnifying party believes in good faith request to be reasonable, reasonable and (2ii) provides written notice to the indemnified party that the indemnifying party disputes in good faith the reasonableness of substantiating the unpaid balance as unreasonable, in each case prior to the date of such fees and expensessettlement.
Appears in 2 contracts
Sources: Purchase Agreement (Checkfree Holdings Corp \Ga\), Purchase Agreement (Checkfree Holdings Corp \Ga\)
Settlement without Consent if Failure to Reimburse. If at any time an indemnified party shall have requested an indemnifying party to reimburse the indemnified party for fees and expenses of counsel, such indemnifying party agrees that it shall be liable for any settlement of the nature contemplated by subsection (a)(ii) of this Section 6(a)(ii) 8 effected without its written consent if (i) such settlement is entered into more than 45 60 days after receipt by such indemnifying party of the aforesaid request, (ii) such indemnifying party shall have received notice of the terms of such settlement at least 30 45 days prior to such settlement being entered into and (iii) such indemnifying party shall not have reimbursed such indemnified party in accordance with such request prior to the date of such settlement; provided that an indemnifying party shall not be liable for any such settlement effected without its consent if such indemnifying party, prior to the date of such settlement, (1) reimburses such indemnified party in accordance with such request for the amount of such fees and expenses of counsel as the indemnifying party believes in good faith to be reasonable, and (2) provides written notice to the indemnified party that the indemnifying party disputes in good faith the reasonableness of the unpaid balance of such fees and expenses.
Appears in 2 contracts
Sources: Underwriting Agreement (Poliwogg Regenerative Medicine Fund, Inc.), Underwriting Agreement (Poliwogg Regenerative Medicine Fund, Inc.)
Settlement without Consent if Failure to Reimburse. If at any time an indemnified party shall have requested an indemnifying party to reimburse the indemnified party for fees and expenses of counsel, such indemnifying party agrees that it shall be liable for any settlement of the nature contemplated by Section 6(a)(ii8(a)(ii) effected without its written consent if (i) such settlement is entered into more than 45 days after receipt by such indemnifying party of the aforesaid request, (ii) such indemnifying party shall have received notice of the terms of such settlement at least 30 days prior to such settlement being entered into and (iii) such indemnifying party shall not have reimbursed such indemnified party in accordance with such request prior to the date of such settlement; provided that . Notwithstanding the immediately preceding sentence, if at any time an indemnified party shall have requested an indemnifying party to reimburse the indemnified party for fees and expenses of counsel, an indemnifying party shall not be liable for any such settlement of the nature contemplated by Section 8(a)(ii) effected without its consent if such indemnifying party, prior to the date of such settlement, party (1i) reimburses such indemnified party in accordance with such request for to the amount of extent it considers such fees and expenses of counsel as the indemnifying party believes in good faith request to be reasonable, reasonable and (2ii) provides written notice to the indemnified party that the indemnifying party disputes in good faith the reasonableness of substantiating the unpaid balance as unreasonable, in each case prior to the date of such fees and expensessettlement.
Appears in 2 contracts
Sources: Underwriting Agreement (First National Bank of Commerce), Underwriting Agreement (First National Bank of Commerce)
Settlement without Consent if Failure to Reimburse. If at any time an indemnified party shall have requested an indemnifying party to reimburse the indemnified party for fees and expenses of counsel, such indemnifying party agrees that it shall be liable for any settlement of the nature contemplated by Section 6(a)(ii10(a)(ii) hereof effected without its written consent if (i) such settlement is entered into more than 45 days after receipt by such indemnifying party of the aforesaid request, (ii) such indemnifying party shall have received notice of the terms of such settlement at least 30 days prior to such settlement being entered into and (iii) such indemnifying party shall not have reimbursed such indemnified party in accordance with such request prior to the date of such settlement; provided provided, however, that an indemnifying party shall not be liable for any such settlement effected without its consent if such indemnifying party, prior to the date of execution of any such settlementsettlement agreement, (1) reimburses such indemnified party in accordance with such request for the amount of such fees and expenses of counsel as the indemnifying party believes in good faith to be reasonable, reasonable and (2) provides written notice to the such indemnified party that the indemnifying party disputes in good faith the reasonableness of the unpaid balance of such fees and expenses.
Appears in 2 contracts
Sources: Distribution Agreement (Ing Usa Annuity & Life Insurance Co), Distribution Agreement (Ing Usa Annuity & Life Insurance Co)
Settlement without Consent if Failure to Reimburse. If at any time an indemnified party shall have requested an indemnifying party to reimburse the indemnified party for fees and expenses of counsel, such indemnifying party agrees that it shall be liable for any settlement of the nature contemplated by Section 6(a)(ii) effected without its written consent if (i) such settlement is entered into more than 45 days after receipt by such indemnifying party of the aforesaid request, (ii) such indemnifying party shall have received notice of the terms of such settlement at least 30 days prior to such settlement being entered into and (iii) such indemnifying party shall not have reimbursed such indemnified party in accordance with such request prior to the date of such settlement; provided that . Notwithstanding the immediately preceding sentence, if at any time an indemnified party shall have requested an indemnifying party to reimburse the indemnified party for fees and expenses of counsel, an indemnifying party shall not be liable for any such settlement of the nature contemplated by Section 6(a)(ii) effected without its consent if such indemnifying party, prior to the date of such settlement, party (1i) reimburses such indemnified party in accordance with such request for to the amount of extent it considers such fees and expenses of counsel as the indemnifying party believes in good faith request to be reasonable, reasonable and (2ii) provides written notice to the indemnified party that the indemnifying party disputes in good faith the reasonableness of substantiating the unpaid balance as unreasonable, in each case prior to the date of such fees and expensessettlement.]
Appears in 2 contracts
Sources: u.s. Purchase Agreement (Hayes Wheels International Inc), International Purchase Agreement (Hayes Wheels International Inc)
Settlement without Consent if Failure to Reimburse. If at any time an indemnified party shall have requested an indemnifying party to reimburse the indemnified party for reasonable fees and expenses of counsel, such indemnifying party agrees that it shall be liable for any settlement of the nature contemplated by Section 6(a)(ii) effected without its written consent if (i) such settlement is entered into more than 45 days after receipt by such indemnifying party of the aforesaid request, (ii) such indemnifying party shall have received notice of the terms of such settlement at least 30 days prior to such settlement being entered into and (iii) such indemnifying party shall not have reimbursed such indemnified party in accordance with such request prior to the date of such settlement; provided that . Notwithstanding the immediately preceding sentence, if at any time an indemnified party shall have requested an indemnifying party to reimburse the indemnified party for fees and expenses of counsel, an indemnifying party shall not be liable for any such settlement of the nature contemplated by Section 6(a)(ii) hereof effected without its consent if such indemnifying party, prior to the date of such settlement, party (1i) reimburses such indemnified party in accordance with such request for to the amount of extent it considers such fees and expenses of counsel as the indemnifying party believes in good faith request to be reasonable, reasonable and (2ii) provides written notice to the indemnified party that the indemnifying party disputes in good faith the reasonableness of reasonably substantiating the unpaid balance as unreasonable, in each case prior to the date of such fees and expensessettlement.
Appears in 2 contracts
Sources: Purchase Agreement (Frontier Insurance Group Inc), Purchase Agreement (Frontier Insurance Group Inc)
Settlement without Consent if Failure to Reimburse. If at any time an indemnified party shall have the right to separate counsel at the expense of the indemnifying party under Section 6(d) and the indemnified party shall have requested in writing that an indemnifying party to reimburse the indemnified party for the reasonable fees and expenses of counsel, such as specified in Section 6(d), the indemnifying party agrees that it shall be liable for any the good faith settlement of any proceeding with respect to which the nature contemplated by indemnifying party is required to indemnify the indemnified party under Section 6(a)(ii6(a) effected without its the indemnifying party’s written consent if (i) such settlement is entered into more than 45 90 days after receipt by such the indemnifying party of the aforesaid request, (ii) such indemnifying party shall have received written notice of the terms of such settlement at least 30 60 days prior to such settlement being entered into and (iii) such the indemnifying party shall not have reimbursed such the indemnified party in accordance with such request prior to the date of such settlement; provided that an , unless such failure to reimburse the indemnified party is based on a dispute with a good faith basis as to either the obligation of the indemnifying party arising under this Section 6 to indemnify the indemnified party or the amount of the reimbursement sought (including, without limitation, the rates, fees or expenses charged or the time incurred by the indemnified party’s counsel) and the indemnifying party shall not be liable for any have notified the indemnified party of such settlement effected without its consent if such indemnifying party, good faith dispute prior to the date of such settlement, (1) reimburses such indemnified party in accordance with such request for the amount of such fees and expenses of counsel as the indemnifying party believes in good faith to be reasonable, and (2) provides written notice to the indemnified party that the indemnifying party disputes in good faith the reasonableness of the unpaid balance of such fees and expenses.
Appears in 2 contracts
Sources: Purchase Agreement (Gsi Commerce Inc), Purchase Agreement (Gsi Commerce Inc)
Settlement without Consent if Failure to Reimburse. If at any time an indemnified party shall have requested an indemnifying party to reimburse the indemnified party for fees and expenses of counsel, such indemnifying party agrees that it shall be liable for any settlement of the nature contemplated by Section 6(a)(ii8(a)(ii) effected without its written consent if (i) such settlement is entered into more than 45 days after receipt by such indemnifying party of the aforesaid request, (ii) such indemnifying party shall have received notice of the terms of such settlement at least 30 days prior to such settlement being entered into and (iii) such indemnifying party shall not have reimbursed such indemnified party in accordance with such request prior to the date of such settlement; provided that . Notwithstanding the immediately preceding sentence, if at any time an indemnified party shall have requested an indemnifying party to reimburse the indemnified party for fees and expenses of counsel, an indemnifying party shall not be liable for any such settlement of the nature contemplated by Section 8(a)(ii) effected without its consent if such indemnifying party, prior to the date of such settlement, party (1i) reimburses such indemnified party in accordance with such request for to the amount of extent it considers such fees and expenses of counsel as the indemnifying party believes in good faith request to be reasonable, reasonable and (2ii) provides written notice to the indemnified party that the indemnifying party disputes in good faith the reasonableness of substantiating the unpaid balance as unreasonable, in each case prior to the date of such fees and expensessettlement.
Appears in 1 contract
Settlement without Consent if Failure to Reimburse. If at any time the QIU shall have requested that the Company reimburse the QIU for fees and expenses of counsel, the Company agrees that it shall be liable for any settlement of the nature contemplated by this Section 11 effected without its written consent if (i) such settlement is entered into more than 30 days after receipt by the Company of the request for reimbursement, (ii) the Company shall have received notice of the terms of such settlement at least 15 days prior to such settlement being entered into and (iii) the Company shall not have reimbursed the QIU in accordance with such request prior to the date of such settlement. Notwithstanding the immediately preceding sentence, if at any time an indemnified party shall have requested an indemnifying party to reimburse the indemnified party for fees and expenses of counsel, such indemnifying party agrees that it shall be liable for any settlement of the nature contemplated by Section 6(a)(ii) effected without its written consent if (i) such settlement is entered into more than 45 days after receipt by such indemnifying party of the aforesaid request, (ii) such indemnifying party shall have received notice of the terms of such settlement at least 30 days prior to such settlement being entered into and (iii) such indemnifying party shall not have reimbursed such indemnified party in accordance with such request prior to the date of such settlement; provided that an indemnifying party shall not be liable for any such settlement effected without its consent if such indemnifying party, prior to the date of such settlement, party (1i) reimburses such indemnified party in accordance with such request for to the amount of extent it in its reasonable judgment considers such fees and expenses of counsel as the indemnifying party believes in good faith request to be reasonable, reasonable and (2ii) provides written notice to the indemnified party that the indemnifying party disputes in good faith the reasonableness of substantiating the unpaid balance as unreasonable, in each case prior to the date of such fees and expensessettlement.
Appears in 1 contract
Sources: Underwriting Agreement (Friendlys Restaurants Franchise Inc)
Settlement without Consent if Failure to Reimburse. If at any time an indemnified party shall have requested an indemnifying party to reimburse the indemnified party for fees and expenses of counsel, such indemnifying party agrees that it shall be liable for any settlement of the nature contemplated by Section 6(a)(ii) hereof effected without its written consent if (i) such settlement is entered into more than 45 days after receipt by such indemnifying party of the aforesaid request, (ii) such indemnifying party shall have received notice of the terms of such settlement at least 30 days prior to such settlement being entered into and (iii) such indemnifying party shall not have reimbursed such indemnified party in accordance with such request prior to the date of such settlement; provided that an . The indemnified party shall promptly reimburse the indemnifying party for all amounts advanced to it pursuant to this Section 6(d) (unless it is entitled to such amounts under Section 7 hereof) if it shall not be liable for any such settlement effected without its consent if such indemnifying party, prior to the date of such settlement, (1) reimburses finally judicially determined that such indemnified party was not entitled to indemnification hereunder and such loss, liability, claim, damage or expense arose out of (A) an untrue statement or omission or alleged untrue statement or omission made in accordance reliance upon and in conformity with such request for written information furnished to the amount of such fees and expenses of counsel as the indemnifying party believes in good faith to be reasonable, and (2) provides written notice to Company by the indemnified party that expressly for use in the indemnifying party disputes in good faith Registration Statement (or any amendment thereto), including the reasonableness Rule 430B Information, any Company Additional Written Communication, any Issuer Free Writing Prospectus, the Preliminary Prospectus or the Prospectus (or any amendment or supplement thereto) or (B) a fraudulent misrepresentation (within the meaning of Section 11 of the unpaid balance of such fees and expenses1933 Act) by the indemnified party.
Appears in 1 contract
Sources: Underwriting Agreement (Nucor Corp)
Settlement without Consent if Failure to Reimburse. If at any time an indemnified party shall have requested an indemnifying party to reimburse the indemnified party for fees and expenses of counsel, such indemnifying party agrees that it shall be liable for any settlement of the nature contemplated by Section 6(a)(ii6(a)(iii) effected without its written consent if (i) such settlement is entered into more than 45 days after receipt by such indemnifying party of the aforesaid request, (ii) such indemnifying party shall have received notice of the terms of such settlement at least 30 days prior to such settlement being entered into and (iii) such indemnifying party shall not have reimbursed such indemnified party in accordance with such request prior to the date of such settlement; provided that . Notwithstanding the immediately preceding sentence, if at any time an indemnified party shall have requested an indemnifying party to reimburse the indemnified party for fees and expenses of counsel, an indemnifying party shall not be liable for any such settlement of the nature contemplated by Section 6(a)(ii) effected without its consent if such indemnifying party, prior to the date of such settlement, party (1i) reimburses such indemnified party in accordance with such request for to the amount of extent it considers such fees and expenses of counsel as the indemnifying party believes in good faith request to be reasonable, reasonable and (2ii) provides written notice to the indemnified party specifying the basis for its claim that the indemnifying party disputes in good faith the reasonableness of the unpaid balance is unreasonable, in each case prior to the date of such fees and expensessettlement.
Appears in 1 contract
Settlement without Consent if Failure to Reimburse. If at any time an indemnified party shall have requested an indemnifying party to reimburse the indemnified party for fees and expenses of counsel, such indemnifying party agrees that it shall be liable for any settlement of the nature contemplated by Section 6(a)(ii) effected without its written consent if (i) such settlement is entered into more than 45 days after receipt by such indemnifying party of the aforesaid request, (ii) such indemnifying party shall have received notice of the terms of such settlement at least 30 days prior to such settlement being entered into and (iii) such indemnifying party shall not have reimbursed such indemnified party in accordance with such request prior to the date of such settlement; provided that an indemnifying party shall not be liable for any such settlement effected without its consent if such indemnifying party, prior to the date of such settlement, (1) reimburses such indemnified party in accordance with such request for the amount of such fees and expenses of counsel as the indemnifying party believes in good faith to be reasonable, and (2) provides written notice to the indemnified party that the indemnifying party disputes in good faith the reasonableness of the unpaid balance of such fees and expenses..
Appears in 1 contract
Settlement without Consent if Failure to Reimburse. If at any time an indemnified party shall have requested an indemnifying party to reimburse the indemnified party for fees and expenses of counsel, such indemnifying party agrees that it shall be liable for any settlement of the nature contemplated by Section 6(a)(ii6(a)(iii) effected without its written consent if (i) such settlement is entered into more than 45 days after receipt by such indemnifying party of the aforesaid request, (ii) such indemnifying party shall have received notice of the terms of such settlement at least 30 days prior to such settlement being entered into into, and (iii) such indemnifying party shall not have reimbursed such indemnified party in accordance with such request prior to the date of such settlement; provided that an indemnifying party shall not be liable for any such settlement effected without its consent if such indemnifying party, prior to the date of such settlement, (1) reimburses such indemnified party in accordance with such request for the amount of such fees and expenses of counsel as the indemnifying party believes in good faith to be reasonable, and (2) provides written notice to the indemnified party that the indemnifying party disputes in good faith the reasonableness of the unpaid balance of such fees and expenses.
Appears in 1 contract
Settlement without Consent if Failure to Reimburse. If at any time an --------------------------------------------------- indemnified party shall have validly requested an indemnifying party to reimburse the indemnified party for fees and expenses of counsel, such indemnifying party agrees that it shall be liable for any settlement of the nature contemplated by Section 6(a)(ii7(a)(ii) effected without its written consent if (i) such settlement is entered into more than 45 days after receipt by such indemnifying party of the aforesaid request, (ii) such indemnifying party shall have received notice of the terms of such settlement at least 30 days prior to such settlement being entered into and (iii) such indemnifying party shall not have reimbursed such indemnified party in accordance with such request prior to the date of such settlement; provided , provided, however, that an indemnifying party shall not be liable for any such settlement effected without its consent if such indemnifying partyparty (1) reimburses such indemnified party with respect to those fees and expenses of counsel that it determines in good faith are reasonable and (2) provides written notice within ten (10) days after receipt of the request for reimbursement to the indemnified party substantiating the unpaid balance as unreasonable, in each case prior to the date of such settlement, (1) reimburses such indemnified party in accordance with such request for the amount of such fees and expenses of counsel as the indemnifying party believes in good faith to be reasonable, and (2) provides written notice to the indemnified party that the indemnifying party disputes in good faith the reasonableness of the unpaid balance of such fees and expenses.
Appears in 1 contract
Settlement without Consent if Failure to Reimburse. If at any time an indemnified party shall have requested an indemnifying party to reimburse in accordance with the terms hereof, the indemnified party for fees and expenses of counsel, such indemnifying party agrees that it shall be liable for any settlement of the nature contemplated by Section 6(a)(ii) and Section 6(a)(iii) effected without its written consent if (i) such settlement is entered into more than 45 days after receipt by such indemnifying party of the aforesaid request, (ii) such indemnifying party shall have received notice of the terms of such settlement at least 30 days prior to such settlement being entered into and (iii) such indemnifying party shall not have reimbursed reimbursed, in accordance with the terms hereof, such indemnified party in accordance with such request prior to the date of such settlement; provided that . Notwithstanding the immediately preceding sentence, if at any time an indemnified party shall have requested an indemnifying party to reimburse the indemnified party for fees and expenses of counsel, an indemnifying party shall not be liable for any such settlement of the nature contemplated by Section 6(a)(ii) and Section 6(a)(iii) effected without its consent if such indemnifying party, prior to the date of such settlement, party (1i) reimburses such indemnified party in accordance with such request for to the amount of extent it considers such fees and expenses of counsel as the indemnifying party believes in good faith request to be reasonable, reasonable and (2ii) provides written notice to the indemnified party that the indemnifying party disputes in good faith the reasonableness of substantiating the unpaid balance as unreasonable, in each case prior to the date of such fees and expensessettlement.
Appears in 1 contract
Settlement without Consent if Failure to Reimburse. If at any time an indemnified party shall have requested an indemnifying party to reimburse the indemnified party for fees and expenses of counsel, such indemnifying party agrees that it shall be liable for any settlement of the nature contemplated by Section 6(a)(ii) effected without its written consent if (i) such settlement is entered into more than 45 days after receipt by such indemnifying party of the aforesaid request, (ii) such indemnifying party shall have received notice of the terms of such settlement at least 30 days prior to such settlement being entered into and (iii) such indemnifying party shall not have reimbursed such indemnified party in accordance with such request prior to the date of such settlement; provided that . Notwithstanding the immediately preceding sentence, if at any time an indemnified party shall have requested an indemnifying party to reimburse the indemnified party for fees and expenses of counsel, an indemnifying party shall not be liable for any such settlement of the nature contemplated by Section 6(a)(ii) effected without its consent if such indemnifying party, prior to the date of such settlement, party (1i) reimburses such indemnified party in accordance with such request for to the amount of such fees and expenses of counsel as extent the indemnifying party believes in good faith its judgement considers such request to be reasonable, reasonable and (2ii) provides written notice to the indemnified party that stating the indemnifying party disputes in good faith the reasonableness of reason it deems the unpaid balance unreasonable, in each case prior to the date of such fees and expensessettlement.
Appears in 1 contract
Sources: Underwriting Agreement (Independent Capital Trust I)
Settlement without Consent if Failure to Reimburse. If at any time an indemnified party shall have requested an indemnifying party to reimburse the indemnified party for fees and expenses of counsel, such indemnifying party agrees that it shall be liable for any settlement of the nature contemplated by Section 6(a)(ii) hereof effected without its written consent if (i) such settlement is entered into more than 45 days after receipt by such indemnifying party of the aforesaid request, (ii) such indemnifying party shall have received notice of the terms of such settlement at least 30 days prior to such settlement being entered into and (iii) such indemnifying party shall not have reimbursed such indemnified party in accordance with such request prior to the date of such settlement; provided that an . The indemnified party shall promptly reimburse the indemnifying party for all amounts advanced to it pursuant to this Section 6(d) (unless it is entitled to such amounts under Section 7 hereof) if it shall not be liable for any such settlement effected without its consent if such indemnifying party, prior to the date of such settlement, (1) reimburses finally judicially determined that such indemnified party was not entitled to indemnification hereunder and such loss, liability, claim, damage or expense arose out of (i) an untrue statement or omission or alleged untrue statement or omission made in accordance reliance upon and in conformity with such request for written information furnished to the amount of such fees and expenses of counsel as the indemnifying party believes in good faith to be reasonable, and (2) provides written notice to Company by the indemnified party that expressly for use in the indemnifying party disputes in good faith Registration Statement (or any amendment thereto), including the reasonableness Rule 430B Information, any Company Additional Written Communication, any Issuer Free Writing Prospectus, the Preliminary Prospectus or the Prospectus (or any amendment or supplement thereto) or (ii) a fraudulent misrepresentation (within the meaning of Section 11 of the unpaid balance of such fees and expenses▇▇▇▇ ▇▇▇) by the indemnified party.
Appears in 1 contract
Sources: Underwriting Agreement (Nucor Corp)
Settlement without Consent if Failure to Reimburse. If at any time an indemnified party shall have requested an indemnifying party to reimburse the indemnified party for fees and expenses of counsel, such indemnifying party agrees that it shall be liable for any settlement of the nature contemplated by Section 6(a)(ii7(a)(ii) effected without its written consent if (i) such settlement is entered into more than 45 days after receipt by such indemnifying party of the aforesaid request, (ii) such indemnifying party shall have received notice of the terms of such settlement at least 30 days prior to such settlement being entered into and (iii) such indemnifying party shall not have reimbursed such indemnified party in accordance with such request prior to the date of such settlement; provided that . Notwithstanding the immediately preceding sentence, if at any time an indemnified party shall have requested an indemnifying party to reimburse the indemnified party for fees and expenses of counsel, an indemnifying party shall not be liable for any such an settlement of the nature contemplated by Section (a)(ii) effected without its consent if such indemnifying party, prior to the date of such settlement, party (1i) reimburses such indemnified party in accordance with such request for to the amount of extent it considers such fees and expenses of counsel as the indemnifying party believes in good faith request to be reasonable, reasonable and (2ii) provides written notice to the indemnified party that the indemnifying party disputes in good faith the reasonableness of substantiating the unpaid balance as unreasonable, in each case prior to the date of such fees and expensessettlement.
Appears in 1 contract
Sources: Purchase Agreement (California Steel Industries Inc)
Settlement without Consent if Failure to Reimburse. If at any time an indemnified party shall have requested an indemnifying party to reimburse the indemnified party for fees and expenses of counsel, such indemnifying party agrees that it shall be liable for any settlement of the nature contemplated by Section 6(a)(ii6(a)(iii) effected without its written consent if (i) such settlement is entered into more than 45 days after receipt by such indemnifying party of the aforesaid request, (ii) such indemnifying party shall have received notice of the terms of such settlement at least 30 days prior to such settlement being entered into and (iii) such indemnifying party shall not have reimbursed such indemnified party in accordance with such request prior to the date of such settlement; provided provided, that an indemnifying party shall not be liable for any such settlement of the nature contemplated by Section 6(a)(iii) effected without its consent if such indemnifying party, prior to the date of such settlement, (1i) reimburses such indemnified party in accordance with such request for the amount of such fees and expenses of counsel as the indemnifying party believes in good faith to be reasonable, and (2ii) provides written notice to the indemnified party that the indemnifying party disputes in good faith the reasonableness of the unpaid balance of such fees and expenses.
Appears in 1 contract
Sources: Purchase Agreement (Exfo Electro Optical Engineering Inc)
Settlement without Consent if Failure to Reimburse. If at any time an indemnified party shall have requested an indemnifying party to reimburse the indemnified party for fees and expenses of counsel, such indemnifying party agrees that it shall be liable for any settlement of the nature contemplated by Section 6(a)(ii7(a)(ii) effected without its written consent if (i) such settlement is entered into more than 45 days after receipt by such indemnifying party of the aforesaid request, (ii) such indemnifying party shall have received notice of the terms of such settlement at least 30 days prior to such settlement being entered into into, and (iii) such indemnifying party shall not have reimbursed such indemnified party in accordance with such request prior to the date of such settlement; provided that an indemnifying party shall not be liable for any such settlement effected without its consent settlement, if such indemnifying party, prior to the date of such settlement, party (1) reimburses such indemnified party in accordance with such request for the amount of such fees and expenses of counsel as the indemnifying party believes in good faith to be reasonable, and (2) provides written notice to the indemnified party that the indemnifying party disputes in good faith the reasonableness of the unpaid balance of such fees and expenses.
Appears in 1 contract
Settlement without Consent if Failure to Reimburse. If at any time an indemnified party shall have requested an indemnifying party to reimburse the indemnified party for fees and expenses of counsel, such indemnifying party agrees that it shall be liable for any settlement of the nature contemplated by Section 6(a)(ii9(a)(ii) effected without its written consent if (i) such settlement is entered into more than 45 days after receipt by such indemnifying party of the aforesaid request, (ii) such indemnifying party shall have received notice of the terms of such settlement at least 30 days prior to such settlement being entered into and (iii) such indemnifying party shall not have reimbursed such indemnified party in accordance with such request prior to the date of such settlement; provided that . Notwithstanding the immediately preceding sentence, if at any time an indemnified party shall have requested an indemnifying party to reimburse the indemnified party for fees and expenses of counsel, an indemnifying party shall not be liable for any such settlement of the nature contemplated by Section 9(a)(ii) effected without its consent if such indemnifying party, prior to the date of such settlement, party (1i) reimburses such indemnified party in accordance with such request for to the amount of extent it considers such fees and expenses of counsel as the indemnifying party believes in good faith request to be reasonable, reasonable and (2ii) provides written notice to the indemnified party that the indemnifying party disputes in good faith the reasonableness of substantiating the unpaid balance as unreasonable, in each case prior to the date of such fees and expensessettlement.
Appears in 1 contract
Settlement without Consent if Failure to Reimburse. If at any time an indemnified party shall have requested an indemnifying party to reimburse the indemnified party for fees and expenses of counsel, such indemnifying party agrees that it shall be liable for any settlement of the nature contemplated by Section 6(a)(ii7(a)(ii) effected without its written consent if (i) such settlement is entered into more than 45 days after receipt by such indemnifying party of the aforesaid request, (ii) such indemnifying party shall have received notice of the terms of such settlement at least 30 days prior to such settlement being entered into and (iii) such indemnifying party shall not have reimbursed such indemnified party in accordance with such request prior to the date of such settlement; provided that an indemnifying party shall not be liable for any such settlement effected without its consent if such indemnifying party, prior to the date of such settlement, settlement (1) reimburses such indemnified party in accordance with such request for the amount of such fees and expenses of counsel as the indemnifying party believes in good faith to be reasonable, reasonable and (2) provides written notice to the indemnified party that the indemnifying party disputes in good faith the reasonableness of the unpaid balance of such fees and expenses.
Appears in 1 contract