Additional Indemnified Parties Sample Clauses

Additional Indemnified Parties. Any relief from liability, release, indemnity or benefit in favour of the Shippers Group under this Agreement shall extend to each member thereof. Any such relief in favour of INEOS or the Shippers Operator or a member or members of the Shippers Group shall extend to (a) the respective Affiliates of the companies or corporations concerned; (b) their and their Affiliates' respective directors, officers and personnel, and to their and their Affiliates' respective contractors and sub-contractors of any tier (but excluding the owners and/or operator of any Intervening System); and (c) to each of their respective successors and permitted assigns.
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Related to Additional Indemnified Parties

  • Indemnified Party If a Party is entitled to indemnification under this Article 18 as a result of a claim by a third party, and the indemnifying Party fails, after notice and reasonable opportunity to proceed under Article 18.1.3, to assume the defense of such claim, such Indemnified Party may at the expense of the Indemnifying Party contest, settle or consent to the entry of any judgment with respect to, or pay in full, such claim.

  • ADDITIONAL INDEMNIFICATION, HOLD HARMLESS AND EXONERATION RIGHTS Notwithstanding any limitation in Sections 3, 4, or 5, except for Section 27, the Company shall, to the fullest extent permitted by applicable law, indemnify, hold harmless and exonerate Indemnitee if Indemnitee is a party to or threatened to be made a party to any Proceeding (including a Proceeding by or in the right of the Company to procure a judgment in its favor) against all Expenses, judgments, fines, penalties and amounts paid in settlement (including all interest, assessments and other charges paid or payable in connection with or in respect of such Expenses, judgments, fines, penalties and amounts paid in settlement) actually and reasonably incurred by Indemnitee in connection with the Proceeding. No indemnification, hold harmless or exoneration rights shall be available under this Section 7 on account of Indemnitee’s conduct which constitutes a breach of Indemnitee’s duty of loyalty to the Company or its stockholders or is an act or omission not in good faith or which involves intentional misconduct or a knowing violation of the law.

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