Common use of Additional Indemnification Provisions Clause in Contracts

Additional Indemnification Provisions. (a) The parties hereto agree, for themselves and on behalf of any of their respective Related Parties and Representatives, that, with respect to each indemnification obligation in this Section 17, (i) all Losses shall be net of any Eligible Insurance Proceeds (as defined below) and (ii) in no event shall the Indemnifying Party have liability to the Indemnified Party for any punitive, incidental, special, indirect or consequential damages, except to the extent that the Indemnified Party pays punitive, incidental, special, indirect or consequential damages to a third party in respect of a Third Party Claim.

Additional Indemnification Provisions. (a) The parties hereto Seller and Acquiror agree, for themselves and on behalf of any of their respective Related Parties Affiliates and Representatives, that, with respect to each indemnification obligation in this Section 17Agreement, (i) all Losses shall be net of any Eligible Insurance Proceeds (as defined set forth in subsection (e) below) and (ii) in no event shall the Indemnifying Party have liability to the Indemnified Party for any punitive, incidental, special, indirect or consequential damages, except to the extent that the Indemnified Party pays punitive, incidental, special, indirect or consequential damages to a third party in respect of a Third Party Claim.

Additional Indemnification Provisions. (a) The parties hereto agree, for themselves and on behalf of any of their respective Related Parties Affiliates and Representatives, that, with respect to each indemnification obligation in this Section 17Agreement, (i) all Losses shall be net of any Eligible Insurance Proceeds (as defined set forth in subsection (e) below) and (ii) in no event shall the Indemnifying Party have liability to the Indemnified Party for any punitive, incidental, special, indirect or consequential damages, except to the extent that the Indemnified Party pays punitive, incidental, special, indirect or consequential damages to a third party in respect of a Third Party Claim.

Additional Indemnification Provisions. (ai) The parties hereto agree, for themselves and on behalf of any of their respective Related Parties and Representatives, that, with respect to each indemnification obligation in this Section 17, (i) all Losses shall be net of any Eligible Insurance Proceeds (as defined below) and (ii) in no event shall the Indemnifying Party have liability to the Indemnified Party for any punitive, incidental, special, indirect or consequential damages, except to the extent that the Indemnified Party pays punitive, incidental, special, indirect or consequential damages to a third party in respect of a Third Party Claim.