Indemnification Actions. All claims for indemnification under Section 11.4 shall be asserted and resolved as follows: (a) For purposes of this Article 11, the term “Indemnifying Party” shall mean the party or parties having an obligation to indemnify another party or parties pursuant to the terms of this Agreement. The term “Indemnified Party” shall mean the party or parties having the right to be indemnified by another party or parties pursuant to the terms of this Agreement.
Appears in 1 contract
Sources: Purchase and Sale Agreement (DCP Midstream Partners, LP)
Indemnification Actions. All claims for indemnification under Section 11.4 shall be asserted and resolved as follows:
(a) For purposes of this Article 11, the term “Indemnifying Party” shall mean means the party or parties having an obligation to indemnify another party or parties pursuant to the terms of this Agreement. The term “Indemnified Party” shall mean the party or parties having the right to be indemnified by another party or parties pursuant to the terms of this Agreement.this
Appears in 1 contract
Sources: Membership Interest Purchase and Sale Agreement (Legacy Reserves Lp)
Indemnification Actions. All claims for indemnification under Section 11.4 shall be asserted and resolved as follows:
(a) For purposes of this Article 11, the term “Indemnifying Party” shall mean means the party or parties having an obligation to indemnify another party or parties pursuant to the terms of this Agreement. The term “Indemnified Party” shall mean means the party or parties having the right to be indemnified by another party or parties pursuant to the terms of this Agreement.
Appears in 1 contract
Sources: Membership Interest Purchase and Sale Agreement (Legacy Reserves Inc.)