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CARIBOU INDUSTRIES, INC.
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Last modified
9/8/2020 5:08:36 PM
Creation date
9/8/2020 5:06:43 PM
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Contracts
Company Name
CARIBOU INDUSTRIES, INC.
Contract #
A-2020-164
Agency
Community Development
Insurance Exp Date
3/1/2021
Destruction Year
2026
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an Indemnitee maybe liable without fault or strictly liable. The duty to defend applies immediately <br />upon notice of a claim, regardless of whether the issues of negligence, liability, fault, default or <br />other obligation on the part of the Indemnitor or the Indemnitee have been determined. The duty <br />to defend applies immediately, regardless of whether the Indemnitee has paid any amounts or <br />incurred any detriment arising out of or relating (directly or indirectly) to any claims. It is the <br />express intention of the Parties that an Indemnitee be entitled to obtain summary adjudication or <br />summary judgment regarding an Indemnitor's duty to defend the Indemnitee, at any stage of any <br />claim or suit, within the scope of the Indemnitor's indemnity obligations under this Agreement. <br />9.7 Indemnification Procedures. Wherever this Agreement requires any <br />Indemnitor to Indemnify any Indemnitee: <br />9.7.1 Prompt Notice. The hndemnitee shall promptly notify the <br />Indemnitor of any claim. To the extent, and only to the extent, that the Indemnitee fails to give <br />prompt Notice of a Claim and such failure materially prejudices the Indemnitor in providing <br />indemnity for such claim, the Indemnitor shall be relieved of its indemnity obligations for such <br />claim. <br />9.7.2 Selection of Counsel. The Indemnitor shall select counsel <br />reasonably acceptable to the Indemnitee. Counsel to Indemnitor's insurance carrier that is <br />providing coverage for a claim shall be deemed reasonably satisfactory. Even though the <br />Indemnitor shall defend the action, Indemnitee may, at its option and its own expense, engage <br />separate counsel to advise it regarding the claim and its defense. The Indemnitee's separate <br />counsel may attend all proceedings and meetings. The Indemnitor's counsel shall actively consult <br />with the Indemnitee's separate counsel. The Indemnitor and its counsel shall, however, fully <br />control the defense, except to the extent that the Indemnitee waives its rights to indemnity and <br />defense for such claim. <br />9.7.3 [Intentionally Omitted] <br />9.7.4 Settlement. The Indemnitor may, with the Indemnitee's consent, not <br />to be unreasonably withheld, settle a claim. The Indemnitee's consent shall not be required for <br />any settlement by which all of the following occur: (a) the Indemnitor procures (by payment, <br />settlement, or otherwise) a release of the Indemnitee from the subject claim(s) by which the <br />Indemnitee need not make any payment to the claimant; (b) neither the Indemnitee nor the <br />Indemnitor on behalf of the Indemnitee admits liability; (c) the continued effectiveness of this <br />Agreement is not jeopardized in any way; and (d) the Indemnitee's interest in the Project <br />Entitlements is not jeopardized in any way. <br />9.7.5 Insurance Proceeds. The Indemnitor' s obligations shall be reduced <br />by net insurance proceeds the Indemnitee actually receives for the matter giving rise to <br />indemnification obligation. <br />10. Miscellaneous. <br />10.1 Notices. Any notice, request, demand, instruction or other document <br />required or permitted to be given or served hereunder or under any document or instrument <br />executed pursuant hereto will be in writing and will be delivered personally or sent by United <br />-19- <br />
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