Agmt13 Redwood City Partners, LLC

Browse Search

indemnification obligations under this Agreement and are independent of the Developer's indemnification and other obligations under this Agreement. 7.7.4 Survival of Indemnification and Defense Obli ations. The indemnity and defense obligations under this Agreement shall survive the expiration or earlier termination of this Agreement, until all claims against any of the Indemnitees involving any of the indemnified matters aze fully, �nally, absolutely and completely barred by applicable statutes of ' limitations. 7.7.5 Independent Dutv to Defend. The duty to defend under this Agreement is separate and independent of the duty to Indemnify. The duty to defend includes ' claims for which an Indemnitee may be liable without fault or strictly liable. The duty to defend applies immediately upon notice of a Claim, regardless of whether the issues of negligence, liability, fault, default or other obligation on the part of the Indemnitor or the Indemnitee have been determined. The duty to defend applies immediately, regardless of whether the Indemnitee has paid any amounts or incurred any detriment arising out of or relating (directly or indirectly) to any claims. It is the express intention of the Parties that an Indemnitee be entitled to obtain summary adjudication or summary judgment regarding an Indemnitor's duty to defend the Indemnitee, at any stage of any claim or suit, within the scope of the Indemnitor's indemnity obligations under this Agreement. ' 7.8 Indemnificativn Procedures. V4�herever this Agreement requires any Indemnitor ' to Indemnify any Indemnitee: ! 7.8.1 Prompt Notice. The Indemnitee shall promptly Notify the Indemnitor !, of any claim. To the extent, and only to the extent, that the Indemnitee fails to give prompt Notice of a Claim and such failure materially prejudices the Indemnitor in providing indemnity for such claim, the Indemnitor shall be relieved of its indemnity obligations for such claim. 7.8.2 Selection of Counsel. The Indemnitor shall select counsel reasonably acceptable to the Indemnitee. Counsel to Indemnitor's insurance carrier that is providing coverage for a claim shall be deemed reasonably satisfactory. Even though the Indemnitor shall , defend the action, Indemnitee may, at its option and its own expense, engage separate counsel to advise it regarding the claim and its defense. The Indemnitee's separate counsel may attend all ' proceedings and meetings. The Indemnitor's counsel shall actively consult with the Indemnitee's separate counsel. The Indemnitor and its counsel shall, however, fully control the ; defense, except to the extent that the Indemnitee waives its rights to indemnity and defense for such claim. 7.8.3 Cooperation. The Indemnitee shall reasonably coaperate with the Indemnitor's defense of the Indemnitee, provided the Indemnitor reimburses the Indemnitee's actual out of pocket expenses (including Legal Costs}of such cooperation. 7.8.4 Settlement. The Indemnitor may, with the Indemnitee's consent, not to be unreasonably withheld, settle a claim. The Indemnitee's consent shall not be required for any settlement by which all of the following occur: (a) the Indemnitor procures (by payment, settlement, or otherwise) a release of the Indemnitee from the subject claim(s) by which the 52 2013.118/BLOCK 2 HUNTER STORM REV:07-26-13 PT