{"component": "clause", "props": {"groups": [{"snippet": "(a) With respect to each indemnification obligation under this Agreement (i) each such obligation shall be calculated on an After-Tax Basis and (ii) all Losses shall be net of any third-party insurance proceeds that have been recovered or are recoverable by the Indemnified Party in connection with the facts giving rise to the right of indemnification.\n(b) If an Indemnifying Party makes any payment for any Losses suffered or incurred by an Indemnified Party pursuant to the provisions of this Article VII, such Indemnifying Party shall be subrogated, to the extent of such payment, to all rights and remedies of the Indemnified Party to any insurance benefits or other claims of the Indemnified Party with respect to such Losses and with respect to the claim giving rise to such Losses.\n(c) The right to indemnification or other remedy based on any representations, warranties, obligations, covenants and agreements set forth in this Agreement or in any of the Ancillary Agreements, will not be affected by any investigation conducted with respect to, or any notice or knowledge acquired (or capable of being acquired), with respect to the accuracy or inaccuracy of or compliance with, any such representation, warranty, covenant or agreement; provided, however, that notwithstanding anything to the contrary contained herein, except as set forth on Section 7.7(c) of the ABI Disclosure Letter, ABI shall not have any liability relating to any breach of, or inaccuracy in, any representation or warranty made herein that, as of the date hereof, any Buyer Party had Knowledge of the breach or inaccuracy of the representation or warranty or of the facts relating to such breach or inaccuracy.", "size": 118, "snippet_links": [{"key": "with-respect-to", "type": "clause", "offset": [4, 19]}, {"key": "indemnification-obligation", "type": "definition", "offset": [25, 51]}, {"key": "tax-basis", "type": "definition", "offset": [130, 139]}, {"key": "insurance-proceeds", "type": "definition", "offset": [192, 210]}, {"key": "in-connection-with", "type": "clause", "offset": [280, 298]}, {"key": "the-facts", "type": "clause", "offset": [299, 308]}, {"key": "right-of-indemnification", "type": "clause", "offset": [328, 352]}, {"key": "indemnifying-party", "type": "definition", "offset": [364, 382]}, {"key": "payment-for", "type": "clause", "offset": [393, 404]}, {"key": "an-indemnified-party", "type": "clause", "offset": [440, 460]}, {"key": "article-vii", "type": "clause", "offset": [496, 507]}, {"key": "to-the-extent", "type": "clause", "offset": [554, 567]}, {"key": "remedies-of-the", "type": "clause", "offset": [603, 618]}, {"key": "insurance-benefits", "type": "definition", "offset": [644, 662]}, {"key": "claims-of", "type": "clause", "offset": [672, 681]}, {"key": "the-claim", "type": "definition", "offset": [752, 761]}, {"key": "right-to-indemnification", "type": "clause", "offset": [798, 822]}, {"key": "other-remedy", "type": "clause", "offset": [826, 838]}, {"key": "based-on", "type": "clause", "offset": [839, 847]}, {"key": "covenants-and-agreements", "type": "clause", "offset": [894, 918]}, {"key": "agreement-or", "type": "definition", "offset": [937, 949]}, {"key": "ancillary-agreements", "type": "definition", "offset": [964, 984]}, {"key": "affected-by", "type": "definition", "offset": [998, 1009]}, {"key": "any-notice", "type": "definition", "offset": [1058, 1068]}, {"key": "capable-of", "type": "definition", "offset": [1095, 1105]}, {"key": "compliance-with", "type": "definition", "offset": [1172, 1187]}, {"key": "notwithstanding-anything-to-the-contrary-contained", "type": "clause", "offset": [1271, 1321]}, {"key": "disclosure-letter", "type": "definition", "offset": [1379, 1396]}, {"key": "relating-to", "type": "definition", "offset": [1431, 1442]}, {"key": "breach-of", "type": "definition", "offset": [1447, 1456]}, {"key": "representation-or-warranty", "type": "clause", "offset": [1480, 1506]}, {"key": "date-hereof", "type": "clause", "offset": [1535, 1546]}, {"key": "buyer-party", "type": "definition", "offset": [1552, 1563]}, {"key": "knowledge-of", "type": "definition", "offset": [1568, 1580]}], "samples": [{"hash": "ckbIOcWPpCm", "uri": "/contracts/ckbIOcWPpCm#additional-indemnification-provisions", "label": "Stock Purchase Agreement", "score": 31.3390369415, "published": true}, {"hash": "5aQmg9pKNpt", "uri": "/contracts/5aQmg9pKNpt#additional-indemnification-provisions", "label": "Stock Purchase Agreement", "score": 31.3390369415, "published": true}, {"hash": "lIIvYJEv1ws", "uri": "/contracts/lIIvYJEv1ws#additional-indemnification-provisions", "label": "Stock Purchase Agreement", "score": 24.7337684631, "published": true}], "hash": "52b1241af19ced02883c61b14e8856a8", "id": 1}, {"snippet": "GE and the Acquiror agree, for themselves and on behalf of their respective Affiliates and Representatives, that with respect to each indemnification obligation in this Agreement or any other document executed in connection with the Closing (a) each such obligation shall be calculated on an After-Tax Basis and (b) except with respect to GE\u2019s obligation to indemnify the Acquiror for Environmental Claims and in an amount not to exceed $5,000,000 in the aggregate, in no event shall the Indemnifying Party have liability to the Indemnified Party for any consequential, special, incidental, indirect or punitive damages or lost profits (\u201cConsequential Damages\u201d). In any case where an Indemnified Party recovers from a third Person any amount in respect of a matter for which an Indemnifying Party has indemnified it pursuant to this Article X, such Indemnified Party shall promptly pay over to the Indemnifying Party the amount so recovered (after deducting therefrom the amount of expenses incurred by it in procuring such recovery), but not in excess of the sum of (i) any amount previously paid by the Indemnifying Party to or on behalf of the Indemnified Party in respect of such claim and (ii) any amount expended by the Indemnifying Party in pursuing or defending any claim arising out of such matter.", "size": 6, "snippet_links": [{"key": "the-acquiror", "type": "clause", "offset": [7, 19]}, {"key": "on-behalf-of", "type": "clause", "offset": [46, 58]}, {"key": "affiliates-and-representatives", "type": "clause", "offset": [76, 106]}, {"key": "with-respect-to", "type": "clause", "offset": [113, 128]}, {"key": "indemnification-obligation", "type": "definition", "offset": [134, 160]}, {"key": "agreement-or", "type": "definition", "offset": [169, 181]}, {"key": "other-document", "type": "clause", "offset": [186, 200]}, {"key": "in-connection-with", "type": "clause", "offset": [210, 228]}, {"key": "the-closing", "type": "definition", "offset": [229, 240]}, {"key": "tax-basis", "type": "definition", "offset": [298, 307]}, {"key": "obligation-to-indemnify", "type": "clause", "offset": [344, 367]}, {"key": "environmental-claims", "type": "definition", "offset": [385, 405]}, {"key": "amount-not-to-exceed", "type": "clause", "offset": [416, 436]}, {"key": "in-the-aggregate", "type": "definition", "offset": [448, 464]}, {"key": "in-no-event-shall", "type": "clause", "offset": [466, 483]}, {"key": "indemnifying-party", "type": "definition", "offset": [488, 506]}, {"key": "damages-or-lost-profits", "type": "clause", "offset": [612, 635]}, {"key": "consequential-damages", "type": "definition", "offset": [638, 659]}, {"key": "an-indemnified-party", "type": "clause", "offset": [681, 701]}, {"key": "third-person", "type": "definition", "offset": [718, 730]}, {"key": "in-respect-of", "type": "clause", "offset": [742, 755]}, {"key": "pursuant-to", "type": "clause", "offset": [816, 827]}, {"key": "article-x", "type": "definition", "offset": [833, 842]}, {"key": "expenses-incurred", "type": "definition", "offset": [982, 999]}, {"key": "sum-of", "type": "clause", "offset": [1060, 1066]}, {"key": "amount-previously-paid", "type": "clause", "offset": [1075, 1097]}, {"key": "amount-expended", "type": "definition", "offset": [1203, 1218]}, {"key": "arising-out-of", "type": "definition", "offset": [1280, 1294]}], "samples": [{"hash": "aW3SezUHyXN", "uri": "/contracts/aW3SezUHyXN#additional-indemnification-provisions", "label": "Purchase Agreement (Regal Beloit Corp)", "score": 21.0, "published": true}], "hash": "82697212bb17f4b709ba7adfa0c81435", "id": 8}, {"snippet": "In any case where an Indemnified Party recovers from a third person any amount in respect of a matter for which an Indemnifying Party has previously indemnified it pursuant to this Article 8, the Indemnified Party shall promptly pay over to the Indemnifying Party the amount so recovered (after deducting therefrom the amount of expenses incurred by it in procuring such recovery), but not in excess of the sum of (i) any amount previously paid by the Indemnifying Party to or on behalf of the Indemnified Party in respect of such claim and (ii) any amount expended by the Indemnifying Party in pursuing or defending any claim arising out of such matter. Upon payment in full of any such amounts recovered, the Indemnifying Party shall be subrogated to the extent of such payment to the rights of the Indemnified Party against any person (other than an Indemnified Party) with respect to the subject matter of such claim. Any Indemnified Party shall assign or otherwise reasonably cooperate with the Indemnifying Party to pursue any claims against, or otherwise recover amounts from, any person liable or responsible for any Damages for which indemnification has been received pursuant to this Agreement. The obligations of the Seller to indemnify and hold harmless any Purchaser Indemnitees under this Article 8 shall terminate when the applicable representation, warranty or covenant terminates pursuant to Section 8.4. No Purchaser Indemnitee shall have the right to assert any claim for indemnification against the Seller unless such claim has been made with reasonable specificity pursuant to Section 8.3 within the time periods provided in Section 8.4. The obligations of the Purchaser to indemnify and hold harmless any Seller Indemnitees under this Article 8 shall terminate when the applicable representation, warranty or covenant terminates pursuant to Section 8.4. No Seller Indemnitee shall have the right to assert any claim for indemnification against the Purchaser unless such claim has been made with reasonable specificity pursuant to Section 8.3 within the time periods provided in Section 8.4.", "size": 73, "snippet_links": [{"key": "an-indemnified-party", "type": "clause", "offset": [18, 38]}, {"key": "third-person", "type": "definition", "offset": [55, 67]}, {"key": "in-respect-of", "type": "clause", "offset": [79, 92]}, {"key": "indemnifying-party", "type": "definition", "offset": [115, 133]}, {"key": "article-8", "type": "definition", "offset": [181, 190]}, {"key": "expenses-incurred", "type": "definition", "offset": [329, 346]}, {"key": "sum-of", "type": "clause", "offset": [407, 413]}, {"key": "amount-previously-paid", "type": "clause", "offset": [422, 444]}, {"key": "on-behalf-of", "type": "clause", "offset": [477, 489]}, {"key": "amount-expended", "type": "definition", "offset": [550, 565]}, {"key": "arising-out-of", "type": "definition", "offset": [627, 641]}, {"key": "upon-payment-in-full", "type": "clause", "offset": [655, 675]}, {"key": "amounts-recovered", "type": "clause", "offset": [688, 705]}, {"key": "to-the-extent", "type": "clause", "offset": [750, 763]}, {"key": "rights-of-the", "type": "clause", "offset": [787, 800]}, {"key": "any-person", "type": "definition", "offset": [827, 837]}, {"key": "with-respect-to", "type": "clause", "offset": [872, 887]}, {"key": "subject-matter", "type": "definition", "offset": [892, 906]}, {"key": "cooperate-with", "type": "clause", "offset": [981, 995]}, {"key": "responsible-for", "type": "clause", "offset": [1105, 1120]}, {"key": "pursuant-to-this-agreement", "type": "clause", "offset": [1177, 1203]}, {"key": "indemnify-and-hold-harmless", "type": "clause", "offset": [1238, 1265]}, {"key": "purchaser-indemnitees", "type": "clause", "offset": [1270, 1291]}, {"key": "the-applicable", "type": "clause", "offset": [1334, 1348]}, {"key": "section-84", "type": "clause", "offset": [1409, 1420]}, {"key": "right-to", "type": "definition", "offset": [1461, 1469]}, {"key": "claim-for-indemnification", "type": "definition", "offset": [1481, 1506]}, {"key": "section-83", "type": "clause", "offset": [1598, 1609]}, {"key": "time-periods", "type": "clause", "offset": [1621, 1633]}, {"key": "purchaser-to-indemnify", "type": "clause", "offset": [1682, 1704]}, {"key": "seller-indemnitees", "type": "clause", "offset": [1727, 1745]}, {"key": "no-seller", "type": "definition", "offset": [1876, 1885]}], "samples": [{"hash": "aAqIeFO1QyW", "uri": "/contracts/aAqIeFO1QyW#additional-indemnification-provisions", "label": "Master Sale and Purchase Agreement", "score": 31.3408622742, "published": true}, {"hash": "1qBrAItn5y6", "uri": "/contracts/1qBrAItn5y6#additional-indemnification-provisions", "label": "Master Sale and Purchase Agreement (Kulicke & Soffa Industries Inc)", "score": 21.0, "published": true}], "hash": "6150a8e1112f12577666e4b427520a64", "id": 2}, {"snippet": "(a) With respect to each indemnification obligation contained in this Agreement: (i) each such obligation shall be reduced by any Tax benefit (net of any costs or expenses (including any Tax) incurred in connection with seeking and securing such Tax benefit) that is actually realized by the Indemnified Party within two (2) Tax years of the recipient after the Tax year of the recipient in which such obligation arises; and (ii) all Losses shall be net of any amounts that have been recovered by the Indemnified Party pursuant to any indemnification by, or indemnification agreement with, any third party or any insurance policy or other cash receipts or sources of reimbursement in respect of such Loss.\n(b) Notwithstanding anything in this Agreement or in any Closing Document to the contrary, in no event shall either party hereto have any liability under this Agreement (including under this Article XI) or any Closing Document for any consequential, incidental, indirect, punitive or exemplary damages, including lost profits and opportunity costs (except to the extent such damages are assessed in connection with a Third Party Claim with respect to which the Person against which such damages are assessed is entitled to indemnification hereunder).", "size": 32, "snippet_links": [{"key": "with-respect-to", "type": "clause", "offset": [4, 19]}, {"key": "indemnification-obligation", "type": "definition", "offset": [25, 51]}, {"key": "in-this-agreement", "type": "definition", "offset": [62, 79]}, {"key": "tax-benefit", "type": "definition", "offset": [130, 141]}, {"key": "in-connection-with", "type": "clause", "offset": [201, 219]}, {"key": "actually-realized", "type": "definition", "offset": [267, 284]}, {"key": "indemnified-party", "type": "clause", "offset": [292, 309]}, {"key": "the-recipient", "type": "definition", "offset": [338, 351]}, {"key": "tax-year", "type": "clause", "offset": [362, 370]}, {"key": "pursuant-to", "type": "clause", "offset": [519, 530]}, {"key": "indemnification-by", "type": "clause", "offset": [535, 553]}, {"key": "indemnification-agreement", "type": "clause", "offset": [558, 583]}, {"key": "insurance-policy", "type": "clause", "offset": [613, 629]}, {"key": "other-cash-receipts", "type": "definition", "offset": [633, 652]}, {"key": "in-respect-of", "type": "clause", "offset": [681, 694]}, {"key": "agreement-or", "type": "definition", "offset": [743, 755]}, {"key": "closing-document", "type": "definition", "offset": [763, 779]}, {"key": "party-hereto", "type": "definition", "offset": [822, 834]}, {"key": "liability-under-this-agreement", "type": "clause", "offset": [844, 874]}, {"key": "article-xi", "type": "definition", "offset": [897, 907]}, {"key": "punitive-or-exemplary-damages", "type": "clause", "offset": [978, 1007]}, {"key": "lost-profits", "type": "clause", "offset": [1019, 1031]}, {"key": "except-to-the-extent", "type": "clause", "offset": [1055, 1075]}, {"key": "third-party-claim", "type": "clause", "offset": [1123, 1140]}], "samples": [{"hash": "kzjdjb3PuK6", "uri": "/contracts/kzjdjb3PuK6#additional-indemnification-provisions", "label": "Purchase and Sale Agreement (Duke Realty Limited Partnership/)", "score": 28.5838470459, "published": true}, {"hash": "kBNokvGBF0b", "uri": "/contracts/kBNokvGBF0b#additional-indemnification-provisions", "label": "Purchase and Sale Agreement (Duke Realty Limited Partnership/)", "score": 28.5838470459, "published": true}, {"hash": "iUQGflCShUA", "uri": "/contracts/iUQGflCShUA#additional-indemnification-provisions", "label": "Purchase and Sale Agreement (Duke Realty Limited Partnership/)", "score": 28.5838470459, "published": true}], "hash": "484be9aeca4287630c85c5ea89d46ef0", "id": 3}, {"snippet": "In addition to any other limitations contained in Article IX or this Article X, the obligations of Seller, Parent and Purchaser to indemnify any Purchaser Indemnified Party or Seller Indemnified Party, as the case may be, are subject to the following:\n(a) Seller and Parent shall be obligated to provide indemnification pursuant to Section 10.1(a)(i) (other than with respect to the Seller Fundamental Representations and the representations and warranties set forth in Section 3.20) only if the aggregate dollar amount of Losses with respect to all breaches of, or inaccuracies in, representations and warranties referred to in Section 10.1(a)(i) (other than with respect to the Seller Fundamental Representations and the representations and warranties set forth in Section 3.20) exceeds $12,500,000 (the \u201cDeductible\u201d), and then only for the amount of such Losses in excess of the Deductible.\n(b) The maximum aggregate liability of Seller and Parent for indemnification for all Losses pursuant to Section 10.1(a)(i) (other than with respect to the Seller Fundamental Representations and the representations and warranties set forth Section 3.20) shall be an amount equal to 22.5% of the sum of (i) the Purchase Price as finally adjusted in accordance with Section 2.5 and (ii) the Ceding Commission as finally adjusted as set forth in the MLOA Reinsurance Agreement.\n(c) For purposes of this Article X (i) the amount of Losses arising out of or relating to a breach of or an inaccuracy in a representation or warranty that is subject to indemnification pursuant to Section 10.1(a)(i) or Section 10.1(b)(i) shall be deemed to exist either if such representation or warranty is actually inaccurate or breached or would have been inaccurate or breached if such representation or warranty had not contained any qualification as to materiality, Business Material Adverse Effect, Purchaser Material Adverse Effect (which, in each case, instead will be read as any adverse effect or change) or similar language or, with respect to the representation and warranty in Section 3.21(e) only, if such representation and warranty had not contained any qualification as to Knowledge, and (ii) the amount of Losses in respect of a breach resulting from the application of clause (i) above shall be determined without regard to any limitation or qualification as to materiality, \u201cBusiness Material Adverse Effect,\u201d \u201cPurchaser Material Adverse Effect\u201d (which instead will be read as any adverse effect or change) or similar materiality qualification or, with respect to the representation and warranty in Section 3.21(e) only, without regard to the limitation or qualification as to the \u201cKnowledge of Seller,\u201d contained in such representation or warranty, other than any such limitation or qualification contained in Section 3.15 (Absence of Certain Changes) or Section 3.17 (No Undisclosed Liabilities), or that is inherent in the methods, procedures and practices that constitute Applicable Accounting Principles for purposes of the second sentence of Section 3.16(a)(i) (Financial Statements).\n(d) The amount of any indemnification payments finally determined to be due to an Indemnified Party pursuant to this Article X or in Article VI shall be (i) decreased by the amount of any Tax benefit (in the form of cash actually received or reduction in cash Taxes actually paid) actually recognized by any Purchaser Indemnified Party in respect of such Loss prior to the end of the taxable year in which an indemnity payment is made by an Indemnifying Party to an Indemnified Party with respect to such Loss, to the extent that such Tax benefit does not exceed the amount of the indemnity payment received by the Indemnified Party, net of any expenses incurred by such Purchaser Indemnified Party in pursuing such Tax benefit, and (ii) increased by the amount of any Tax cost realized prior to the end of such taxable year by any Purchaser Indemnified Party as a result of the receipt or accrual of the indemnity payment with respect to such Loss. If any such Tax benefit (or portion thereof) is disallowed, as a result of an audit or otherwise, the applicable Indemnifying Party shall promptly pay to the applicable Indemnified Party the amount of such disallowed Tax benefit within 30 days after the Indemnified Party notifies the Indemnifying Party that the adjustment with respect to such disallowance has been paid or otherwise taken into account.\n(e) Upon making any indemnification payment in respect of a Loss with respect to all or a portion of which the Indemnified Party could have recovered from an unaffiliated third party (other than a Taxing Authority), if the Indemnified Party shall have received full payment of all Losses with respect to the underlying claim, the Indemnifying Party will, to the extent of such payment and to the extent permitted under Applicable Law and any applicable contractual obligations to third parties, be subrogated to all rights of the Indemnified Party against such unaffiliated third party in respect of the Loss to which the payment relates; provided that if the Indemnified Party shall not have received payment in full with respect to all Losses resulting from such underlying claim (including as a result of any limits on indemnification in this Article X), then no such subrogation shall be effective until such full payment has been received by the Indemnified Party from the Indemnifying Party and such unaffiliated third party. Each such Indemnified Party and Indemnifying Party will duly execute upon request all instruments reasonably necessary to evidence and perfect the above-described subrogation rights.\n(f) The amount of any Losses sustained by an Indemnified Party and owed by an Indemnifying Party shall be reduced by any amount actually recovered by such Indemnified Party with respect thereto under any insurance or reinsurance coverage, or from any other party alleged to be responsible therefor, in each case subject to the same limitations that are applicable to reimbursements as contemplated by the last sentence of this Section 10.5(f). The Indemnified Party shall use commercially reasonable efforts to collect any amounts available under such insurance or reinsurance coverage and from such other party alleged to have responsibility. If, at any time subsequent to any indemnification actually having been paid pursuant to this Article X, the Indemnified Party receives an amount under insurance or reinsurance coverage or from such other party with respect to Losses so indemnified, then such Indemnified Party shall promptly reimburse by that amount the applicable Indemnifying Party for any such indemnification payment actually made by such Indemnifying Party up to the amount received by the Indemnified Party, net of any expenses incurred by the Indemnified Party in collecting any such amount or any increases in insurance premiums attributable to such recovery; provided that such reimbursement shall only be required to the extent the Indemnified Party would otherwise retain an amount greater than the full amount of the Losses incurred by the Indemnified Party as a result of the underlying claim.\n(g) For the avoidance of doubt, neither Seller nor Parent shall be under any obligation to indemnify any Purchaser Indemnified Party for any Loss that was specifically reflected or reserved for on the Closing Statement, as finally determined pursuant to Section 2.5, or that was otherwise specifically included in the calculation of the Closing Date Value as reflected on such Closing Statement. For the avoidance of doubt, amounts recorded in a general ledger account or in the supporting workpapers or other detail to a balance sheet used to calculate amounts reflected on the Closing Statement shall be considered included in the calculation of the Closing Date Value on such Closing Statement.\n(h) Purchaser shall be obligated to provide indemnification pursuant to Section 10.1(b)(i) only if the aggregate dollar amount of Losses with respect to all breaches of, or inaccuracies in, representations and warranties referred to in Section 10.1(b)(i) exceeds the Deductible, and then only for the amount of Losses in excess of the Deductible. The maximum aggregate liability of Purchaser for indemnification for all Losses pursuant to Section 10.1(b)(i) (other than with respect to the Purchaser Fundamental Representations) shall be an amount equal to 22.5% of the sum of (i) the Purchase Price as finally adjusted in accordance with Section 2.5 and (ii) the Ceding Commission as finally adjusted as set forth in the MLOA Reinsurance Agreement.\n(i) The rights and remedies of any party in respect of any inaccuracy or breach of any representation, warranty, covenant or agreement shall in no way be limited by the fact that the act, omission, occurrence or other state of facts or circumstances upon which any claim of any such inaccuracy or breach is based may also be the subject matter of any other representation, warranty, covenant or agreement as to which there is no inaccuracy or breach. The representations, warranties and covenants of Seller and Parent, and the Purchaser Indemnified Parties\u2019 rights to indemnification pursuant to Article VI or this Article X with respect thereto, shall not be affected or deemed waived by reason of (and the Purchaser Indemnified Parties shall be deemed to have relied upon the representations and warranties of Seller and Parent set forth herein notwithstanding) (i) any investigation made by or on behalf of any of the Purchaser Indemnified Parties (including by any of its advisers, consultants or representatives) or by reason of any knowledge obtained by any of the Purchaser Indemnified Parties or any of their advisers, consultants or representatives, regardless of whether such investigation was made or such knowledge was obtained before or after the execution and delivery of this Agreement or (ii) Purchaser\u2019s waiver of any condition set forth in Article VII. The representations, warranties and covenants of Purchaser, and the Seller Indemnified Parties\u2019 rights to indemnification with respect thereto, shall not be affected or deemed waived by reason of (and the Seller Indemnified Parties shall be deemed to have relied upon the representations and warranties of Purchaser set forth herein notwithstanding) (i) any investigation made by or on behalf of any of the Seller Indemnified Parties (including by any of its advisers, consultants or representatives) or by reason of any knowledge obtained by any of the Seller Indemnified Parties or any of such advisers, consultants or representatives, regardless of whether such investigation was made or such knowledge was obtained before or after the execution and delivery of this Agreement or (ii) the waiver by Seller or Parent of any condition set forth in Article VIII.", "size": 17, "snippet_links": [{"key": "in-addition-to", "type": "clause", "offset": [0, 14]}, {"key": "other-limitations", "type": 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satisfaction of its applicable indemnification obligation, such proceeds shall be promptly remitted to the Indemnifying Party to the extent that the indemnification payment made exceed the Losses incurred), and the indemnified Party shall use, and cause its Affiliates to use, commercially reasonable efforts to seek recovery under all indemnity provisions covering such Losses to the same extent as it would if such Losses were not subject to indemnification hereunder.", "size": 10, "snippet_links": [{"key": "with-respect-to", "type": "clause", "offset": [0, 15]}, {"key": "indemnification-obligation", "type": "definition", "offset": [21, 47]}, {"key": "contained-in", "type": "definition", "offset": [48, 60]}, {"key": "article-x", "type": "definition", "offset": [66, 75]}, {"key": "indemnity-proceeds", "type": "definition", "offset": [104, 122]}, {"key": "indemnified-party", "type": "clause", "offset": [155, 172]}, {"key": "in-connection-with", "type": "clause", "offset": [173, 191]}, 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proceeds that have actually been recovered or are recoverable by the Indemnified Party in connection with the facts giving rise to the right of indemnification (it being agreed that if third-party insurance or indemnification, contribution or similar proceeds in respect of such facts are actually recovered by the Indemnified Party subsequent to the Indemnifying Party\u2019s making of an indemnification payment in satisfaction of its applicable indemnification obligation, such proceeds shall be promptly remitted to the Indemnifying Party to the extent of the indemnification payment made), and the Indemnified Party shall use, and cause its Affiliates to use, commercially reasonable efforts to seek full recovery under all insurance and indemnity, contribution or similar provisions covering such Covered Loss. Upon making any payment to the Indemnified Party for any indemnification claim pursuant to this Article IX, the Indemnifying Party shall be subrogated, to the extent of such payment, to any rights which the Indemnified Party may have against any third party insurers and any other third parties with respect to the subject matter underlying such indemnification claim, and the Indemnified Party shall assign any such rights to the Indemnifying Party upon written request of the Indemnifying Party.", "size": 9, "snippet_links": [{"key": "with-respect-to", "type": "clause", "offset": [0, 15]}, {"key": "indemnification-obligation", "type": "definition", "offset": [21, 47]}, {"key": "in-this-agreement", "type": "definition", "offset": [58, 75]}, {"key": "covered-losses", "type": "definition", "offset": [81, 95]}, {"key": "indemnified-party", "type": "clause", "offset": [245, 262]}, {"key": "in-connection-with", "type": "clause", "offset": [263, 281]}, {"key": "the-facts", "type": "clause", 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"score": 36.1868591309, "published": true}, {"hash": "9ucfl3BWgmv", "uri": "/contracts/9ucfl3BWgmv#additional-indemnification-provisions", "label": "Combination Agreement (Maiden Holdings, Ltd.)", "score": 35.9952087402, "published": true}, {"hash": "4ASvsxA1QGB", "uri": "/contracts/4ASvsxA1QGB#additional-indemnification-provisions", "label": "Combination Agreement (Maiden Holdings, Ltd.)", "score": 35.9952087402, "published": true}], "hash": "fd2b290d1b26222ea32e1f7d213be35b", "id": 7}, {"snippet": "(a) With respect to each indemnification obligation contained in this Agreement all Losses shall be net of any third-party insurance proceeds that have been actually recovered by the Indemnified Party in connection with the facts giving rise to the right of indemnification.\n(b) If an Indemnifying Party makes any payment for any Losses suffered or incurred by an Indemnified Party pursuant to the provisions of this Article 7, such Indemnifying Party shall be subrogated, to the extent of such payment, to all rights and remedies of the Indemnified Party to any insurance benefits or other claims of the Indemnified Party with respect to such Losses and with respect to the claim giving rise to such Losses.\n(c) For the avoidance of doubt, Losses covered by Section 7.03 or Section 7.04 hereof may include Losses incurred in connection with a Third Party Claim.", "size": 5, "snippet_links": [{"key": "with-respect-to", "type": "clause", "offset": [4, 19]}, {"key": "indemnification-obligation", "type": "definition", "offset": [25, 51]}, {"key": "in-this-agreement", "type": "definition", "offset": [62, 79]}, {"key": "insurance-proceeds", "type": "definition", "offset": [123, 141]}, {"key": "in-connection-with", "type": "clause", "offset": [201, 219]}, {"key": "the-facts", "type": "clause", "offset": [220, 229]}, {"key": "right-of-indemnification", "type": "clause", "offset": [249, 273]}, {"key": "indemnifying-party", "type": "definition", "offset": [285, 303]}, {"key": "payment-for", "type": "clause", "offset": [314, 325]}, {"key": "an-indemnified-party", "type": "clause", "offset": [361, 381]}, {"key": "article-7", "type": "definition", "offset": [417, 426]}, {"key": "to-the-extent", "type": "clause", "offset": [473, 486]}, {"key": "remedies-of-the", "type": "clause", "offset": [522, 537]}, {"key": "insurance-benefits", "type": "definition", "offset": [563, 581]}, {"key": "claims-of", "type": "clause", "offset": [591, 600]}, {"key": "the-claim", "type": "definition", "offset": [671, 680]}, {"key": "for-the-avoidance-of-doubt", "type": "clause", "offset": [713, 739]}, {"key": "covered-by", "type": "definition", "offset": [748, 758]}, {"key": "losses-incurred", "type": "definition", "offset": [807, 822]}, {"key": "third-party-claim", "type": "clause", "offset": [844, 861]}], "samples": [{"hash": "1GXbMNUcOp1", "uri": "/contracts/1GXbMNUcOp1#additional-indemnification-provisions", "label": "Services Agreement", "score": 29.3408622742, "published": true}, {"hash": "2wvIjQtsY4W", "uri": "/contracts/2wvIjQtsY4W#additional-indemnification-provisions", "label": "Services Agreement (NBCUniversal Media, LLC)", "score": 22.5249824524, "published": true}, {"hash": "bXTbkhFrcnz", "uri": "/contracts/bXTbkhFrcnz#additional-indemnification-provisions", "label": "Services Agreement (NBCUniversal Media, LLC)", "score": 22.3607120514, "published": true}], "hash": "7aaafea82b1d8f60b8a91adc15dd66ce", "id": 9}, {"snippet": "With respect to each indemnification obligation contained in this Agreement, all Losses shall be reduced by (x) any net cash Tax benefit actually realized by the Indemnified Party or its Affiliates in connection with the incurrence of such Loss with respect to the taxable year of such Loss or any of the following two taxable years and (y) the amount of any third party insurance or other indemnity or reimbursement proceeds that have been recovered by the Indemnified Party in connection with the facts giving rise to the right of indemnification (it being agreed that if such proceeds in respect of such facts are recovered, or such net cash Tax benefit actually realized, by the Indemnified Party subsequent to the Indemnifying Party\u2019s making of an indemnification payment in satisfaction of its applicable indemnification obligation, such proceeds, or the amount of such net cash Tax benefit, as applicable, shall be promptly remitted to the Indemnifying Party to the extent such reduction of the Losses would have reduced the Indemnifying Party\u2019s indemnification obligations). Purchaser agrees that the R&W Insurance Policy shall expressly exclude any right of subrogation against Seller and its Affiliates (except in the case of Fraud).", "size": 5, "snippet_links": [{"key": "with-respect-to", "type": "clause", "offset": [0, 15]}, {"key": "in-this-agreement", "type": "definition", "offset": [58, 75]}, {"key": "net-cash", "type": "definition", "offset": [116, 124]}, {"key": "tax-benefit-actually-realized", "type": "definition", "offset": [125, 154]}, {"key": "indemnified-party", "type": "clause", "offset": [162, 179]}, {"key": "in-connection-with", "type": "clause", "offset": [198, 216]}, {"key": "taxable-year", "type": "clause", "offset": [265, 277]}, {"key": "third-party-insurance", "type": "clause", "offset": [359, 380]}, {"key": "other-indemnity", "type": "definition", "offset": [384, 399]}, {"key": "the-facts", "type": "clause", "offset": [495, 504]}, {"key": "right-of-indemnification", "type": "clause", "offset": [524, 548]}, {"key": "agreed-that", "type": "clause", "offset": [559, 570]}, {"key": "in-respect-of", "type": "clause", "offset": [588, 601]}, {"key": "subsequent-to-the", "type": "clause", "offset": [701, 718]}, {"key": "indemnifying-party", "type": "definition", "offset": [719, 737]}, {"key": "indemnification-payment", "type": "clause", "offset": [753, 776]}, {"key": "satisfaction-of", "type": "clause", "offset": [780, 795]}, {"key": "to-the-extent", "type": "clause", "offset": [966, 979]}, {"key": "reduction-of", "type": "clause", "offset": [985, 997]}, {"key": "indemnification-obligations", "type": "definition", "offset": [1053, 1080]}, {"key": "rw-insurance-policy", "type": "definition", "offset": [1109, 1129]}, {"key": "right-of-subrogation", "type": "definition", "offset": [1158, 1178]}, {"key": "seller-and-its-affiliates", "type": "clause", "offset": [1187, 1212]}, {"key": "in-the-case", "type": "clause", "offset": [1221, 1232]}], "samples": [{"hash": "kqYtbCIXr1o", "uri": "/contracts/kqYtbCIXr1o#additional-indemnification-provisions", "label": "Equity Purchase Agreement (Pseg Power LLC)", "score": 32.6139640808, "published": true}, {"hash": "1GQpvFKuYzn", "uri": "/contracts/1GQpvFKuYzn#additional-indemnification-provisions", "label": "Equity Purchase Agreement (Pseg Power LLC)", "score": 32.6139640808, "published": true}], "hash": "a7b0cf1ed7907780b1bdf27e4384130d", "id": 10}], "next_curs": "Cm4SaGoVc35sYXdpbnNpZGVyY29udHJhY3RzckoLEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2Ii5hZGRpdGlvbmFsLWluZGVtbmlmaWNhdGlvbi1wcm92aXNpb25zIzAwMDAwMDBhDKIBAmVuGAAgAA==", "clause": {"title": "Additional Indemnification Provisions", "size": 388, "children": [["", ""], ["notices", "Notices"], ["termination", "Termination"], ["severability", "Severability"], ["entire-agreement", "Entire Agreement"]], "parents": [["indemnification", "Indemnification"], ["survival-of-obligations-liability", "Survival of Obligations Liability"], ["definitions", "Definitions"], ["no-other-representations-or-warranties", "No Other Representations or Warranties"], ["no-third-party-beneficiaries", "No Third Party Beneficiaries"]], "id": "additional-indemnification-provisions", "related": [["additional-indemnification", "Additional Indemnification", "Additional Indemnification"], ["general-indemnification-provisions", "General Indemnification Provisions", "General Indemnification Provisions"], ["indemnification-provisions", "Indemnification Provisions", "Indemnification Provisions"], ["additional-indemnification-limitation-of-liability", "Additional Indemnification; Limitation of Liability", "Additional Indemnification; Limitation of Liability"], ["additional-indemnity-provisions", "Additional Indemnity Provisions", "Additional Indemnity Provisions"]], "related_snippets": [], "updated": "2026-06-15T06:02:09+00:00", "also_ask": ["What are the most negotiable elements in additional indemnification provisions?", "Which drafting components are essential to avoid unintended liability expansion?", "What are the most common fatal flaws that undermine enforceability of these provisions?", "How do additional indemnification provisions compare to standard indemnity clauses in scope and risk allocation?", "What are the key judicial tests for enforceability of expanded indemnification obligations?"], "drafting_tip": "Specify indemnified parties and covered liabilities to prevent scope disputes; clarify exclusions to avoid unintended obligations; require prompt notice of claims to ensure timely defense.", "explanation": "The \"Additional Indemnification Provisions\" clause expands or clarifies the standard indemnification obligations between parties in a contract. It typically outlines specific circumstances under which one party must compensate the other for losses, damages, or liabilities, such as third-party claims or breaches of certain representations. This clause may also set out procedures for making indemnification claims or limit the scope of indemnity. Its core function is to allocate risk more precisely and ensure both parties understand their responsibilities for covering potential losses beyond the basic indemnification terms."}, "json": true, "cursor": ""}}