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with such participation, the Indemnified Party shall be permitted to have
reasonable access from time to time to the Indemnifying Party's attorneys
and be advised by them, upon request, as to the conduct of the defense
including, but not limited to, such matters as selection of theories of
action and defense, discovery matters, other motion practice, and general
trial strategy, such as selection of and order of presentation of
witnesses. If it is necessary for some action to be taken or defense to
be made in respect of the Third Party Claim prior to confirmation by the
Indemnified Party that the Indemnifying Party will assume such defense,
the Indemnified Party shall assume such defense with counsel selected by
the Indemnified Party for the limited purpose of contesting such Third
Party Claim until the Indemnifying Party assumes such defense. If the
Indemnified Party is entitled to indemnification hereunder with respect
to such Third Party Claim, the Indemnifying Party shall promptly pay all
Litigation Costs (defined in Section 6.3(b)(7) below) as and when
incurred by the Indemnified Party in assuming the defense against the
Third Party Claim, subject to the provisions of Sections 6.1, 6.2 and
6.3(b)(8).
(3) Notwithstanding the provisions of paragraph (2) above to the
contrary, if the character of a Third Party Claim is such that it is
covered by insurance policies maintained or previously maintained by the
Indemnified Party, its affiliates or the Indemnifying Party, and the
insurer under such policies is entitled to select counsel to defend such
Third Party Claim, then, in the event such insurer confirms coverage with
respect to the Third Party Claim and assumes the defense thereof, the
parties acknowledge and agree that counsel selected by such insurer shall
conduct the defense against the Third Party Claim. In the event that an
insurance carrier assumes the defense of the Third Party Claim, any
Litigation Costs required to be borne by the parties hereto as if such
Litigation Costs were the result of a defense assumed by the Indemnifying
Party.
(4) The Indemnifying Party may settle or compromise any Third
Party Claim defended by it without the consent of the Indemnified Party,
provided such settlement or compromise (i) involves only the payment of
monetary consideration by the Indemnifying Party or consideration or
agreements given by the Indemnifying Party of a non-monetary nature which
have no material adverse effect on the Indemnified Party, and (ii) does
not involve any admission of liability, or stipulations of fact which,
would reasonably be expected to have a material adverse effect on the
Indemnified Party or which might prejudice the Indemnified Party in
subsequent or other litigation. In the event that the Indemnifying Party
desires to settle or compromise a Third Party Claim on a basis which the
Indemnifying Party believes requires the consent of the Indemnified
Party, the Indemnifying Party shall notify the Indemnified Party in
writing and describe in such written notice the terms and conditions of
the proposed settlement or compromise. Any such consent requested from
the Indemnified Party shall not be unreasonably withheld. The failure of
the Indemnified Party
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