Punitive Damages. No Indemnified Party shall be entitled to indemnification for any punitive Damages related to the breach or alleged breach of this Agreement except to the extent such punitive Damages are owed to a third party.
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Samples: Purchase and Sale Agreement (Hcp, Inc.), Purchase and Sale Agreement (Emeritus Corp\wa\)
Punitive Damages. No Indemnified Party shall be entitled to indemnification for any exemplary or punitive Damages related to the breach or alleged breach of this Agreement damages except to the extent such punitive Damages are owed to a third partyparty is awarded such Damages from such Indemnified Party.
Appears in 2 contracts
Samples: Membership Interests Purchase Agreement (HG Holdings, Inc.), Equity Purchase Agreement (HG Holdings, Inc.)
Punitive Damages. No Indemnified Party shall be entitled to indemnification for any punitive Damages related to the breach special, punitive, or alleged breach of this Agreement except exemplary damages except, in each case, to the extent such punitive Damages damages are owed finally awarded and actually paid by the Indemnified Party to a an unaffiliated third partyparty in connection with an Action against the Indemnified Party.
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