Common use of Indemnification Actions Clause in Contracts

Indemnification Actions. All claims for indemnification under Section 7.2 shall be asserted and resolved as follows: (a) For purposes of this, the term “Indemnifying Person” when used in connection with particular Damages shall mean the Person or Persons having an obligation to indemnify another Person or Persons with respect to such Damages pursuant to this Article 7, and the term "Indemnified Person" when used in connection with particular Damages shall mean the Person or Persons having the right to be indemnified with respect to such Damages by another Person or Persons pursuant to this Article 7.

Appears in 1 contract

Sources: Purchase and Sale Agreement (PetroShare Corp.)

Indemnification Actions. All claims for indemnification under Section 7.2 10.1 shall be asserted and resolved as follows: (a) For purposes of thishereof, (i) the term “Indemnifying Person” when used in connection with particular Damages shall mean the Person or Persons having an obligation to indemnify another Person or Persons with respect to such Damages pursuant to this Article 7, 10 or Section 6.1(d) and (ii) the term "Indemnified Person" when used in connection with particular Damages shall mean the Person or Persons having the right to be indemnified with respect to such Damages by another Person or Persons pursuant to this Article 710 or Section 6.1(d).

Appears in 1 contract

Sources: Membership Interest Purchase Agreement (Civitas Resources, Inc.)

Indemnification Actions. All claims for indemnification under Section 7.2 this ARTICLE VII shall be asserted and resolved as follows:. (a) For purposes of thisthis ARTICLE VII, the term “Indemnifying Person” when used in connection with particular Damages shall mean the Person or Persons having an obligation to indemnify another Person or Persons with respect to such Damages pursuant to this Article 7ARTICLE VII, and the term "Indemnified Person" when used in connection with particular Damages shall mean the Person or Persons having the right to be indemnified with respect to such Damages by another Person or Persons pursuant to this Article 7ARTICLE VII.

Appears in 1 contract

Sources: Agreement and Plan of Merger (Livongo Health, Inc.)