Common use of Further Limitation on Indemnification Clause in Contracts

Further Limitation on Indemnification. Neither Party shall have any obligation under Article 16 with respect to any amount which has already been taken into account and applied to or against the Base Purchase Price in the Closing Settlement Statement or the Final Settlement Statement, provided such Party has paid all amounts due pursuant to this Agreement.

Appears in 5 contracts

Samples: Purchase and Sale Agreement, Highlands Unit (Mid-Con Energy Partners, LP), Purchase and Sale Agreement (Magnum Hunter Resources Corp)

AutoNDA by SimpleDocs

Further Limitation on Indemnification. Neither Party shall have any obligation under Article 16 with respect to any amount which has already been taken into account and applied to or against the Base Purchase Price in the Closing Settlement Statement or the Final Settlement Post Closing Statement, provided such Party has paid all amounts due pursuant to this Agreement.

Appears in 3 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement (Samson Holdings, Inc.), Purchase and Sale Agreement (Mid-Con Energy Partners, LP)

Further Limitation on Indemnification. Neither Party shall have any obligation under Article 16 with respect to any amount which has already been taken into account and applied to or against the Base Purchase Price in the Closing Settlement Statement or the Final Settlement Post-Closing Statement, provided such Party has paid all amounts due pursuant to this Agreement.

Appears in 3 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement (Magnum Hunter Resources Corp), Purchase and Sale Agreement (Magnum Hunter Resources Corp)

Further Limitation on Indemnification. Neither Party shall have any obligation under Article 16 15 with respect to any amount which has already been taken into account and applied to or against the Base Cash Portion of the Purchase Price in the Closing Settlement Statement or the Final Settlement Post-Closing Statement, provided such Party has paid all amounts due pursuant to this Agreement.

Appears in 3 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement (Magnum Hunter Resources Corp), Purchase and Sale Agreement (Magnum Hunter Resources Corp)

Further Limitation on Indemnification. Neither Party shall have any obligation under Article 16 with respect to any amount which has already been taken into account and applied to or against the Base Purchase Price in the Closing Settlement Statement or the Final Settlement Post Closing Statement, provided such Party has paid all such amounts due pursuant to this Agreement.

Appears in 2 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement (Magnum Hunter Resources Corp)

Further Limitation on Indemnification. Neither Party shall have any obligation under Article 16 15 with respect to any amount which has already been taken into account and applied to or against the Base Purchase Price in the Closing Settlement Statement or the Final Settlement Post-Closing Statement, provided such Party has paid all amounts due pursuant to this Agreement.

Appears in 2 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement (Pedevco Corp)

Further Limitation on Indemnification. Neither Party shall have any obligation under Article ARTICLE 16 with respect to any amount which has already been taken into account and applied to or against the Base Purchase Price in the Closing Settlement Statement or the Final Settlement Statement, provided such Party has paid all amounts due pursuant to this Agreement.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Halcon Resources Corp)

AutoNDA by SimpleDocs

Further Limitation on Indemnification. Neither Party shall have any obligation under this Article 16 with respect to any amount which has already been taken into account and applied to or against the Base Purchase Price in the Closing Settlement Statement or the Final Settlement Statement, provided such Party has paid all amounts due pursuant to this Agreement.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Midstates Petroleum Company, Inc.)

Further Limitation on Indemnification. Neither Party shall have any obligation under Article 16 15 with respect to any amount which has already been taken into account and applied to or against the Base Purchase Price in the Closing Settlement Statement or the Final Settlement Statement, provided such Party has paid all amounts due pursuant to this Agreement.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Mid-Con Energy Partners, LP)

Further Limitation on Indemnification. Neither Party shall have any obligation under this Article 16 15 with respect to any amount which has already been taken into account and applied to or against the Base Purchase Price in the Closing Settlement Statement or the Final Settlement Statement, provided provided, that such Party has paid all amounts due pursuant to this Agreement.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Tellurian Inc. /De/)

Further Limitation on Indemnification. Neither Party shall have any obligation under Article 16 13 with respect to any amount which has already been taken into account and applied to or against the Base Purchase Price in the Closing Settlement Statement or the Final Settlement Post-Closing Statement, provided such Party has paid all amounts due pursuant to this Agreement.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Magnum Hunter Resources Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.