Common use of Cross-Indemnities Clause in Contracts

Cross-Indemnities. (a) SplitCo hereby covenants and agrees, on the terms and subject to the limitations set forth in this Article IV, from and after the Closing, to indemnify and hold harmless Liberty Media, its Subsidiaries and their respective current and former directors, officers and employees, and each of the heirs, executors, trustees, administrators, successors and assigns of any of the foregoing (collectively, the “Liberty Indemnified Parties”), from and against any Losses incurred by the Liberty Indemnified Parties (in their capacities as such) to the extent arising out of or resulting from any of the following:

Appears in 6 contracts

Samples: Reorganization Agreement (Liberty Media Corp), Reorganization Agreement (Atlanta Braves Holdings, Inc.), Reorganization Agreement (Atlanta Braves Holdings, Inc.)

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Cross-Indemnities. (a) SplitCo hereby covenants and agrees, on the terms and subject to the limitations set forth in this Article IV, from and after the Closing, to indemnify and hold harmless the Liberty Media, its Subsidiaries Entities and their respective current and former directors, officers and employees, and each of the heirs, executors, trustees, administrators, successors and assigns of any of the foregoing (collectively, the “Liberty Indemnified Parties”), from and against any Losses incurred paid, incurred, suffered or sustained by the Liberty Indemnified Parties (in their capacities as such) to the extent arising out of or resulting from or in connection with any of the following:

Appears in 2 contracts

Samples: Reorganization Agreement (Sirius Xm Holdings Inc.), Reorganization Agreement (Liberty Media Corp)

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