Common use of Indemnification by Facet Clause in Contracts

Indemnification by Facet. Except as otherwise provided in this Article III, Facet shall indemnify and hold each member of the PDL Consolidated Group (other than Facet and the Facet U.S. Subsidiaries, if applicable) and their successors and assigns (collectively, the “PDL Indemnitees”) harmless from and against (i) all Tax Liabilities that Facet is required to pay under Article II and (ii) any costs and expenses related to Tax Liabilities described in clause (i) (including reasonable legal, accounting, appraisal, consulting or similar fees and expenses).

Appears in 3 contracts

Samples: Sharing and Indemnification Agreement (Facet Biotech Corp), Sharing and Indemnification Agreement (Facet Biotech Corp), Sharing and Indemnification Agreement (PDL Biopharma, Inc.)

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Indemnification by Facet. Except as otherwise provided in this Article III, Facet shall indemnify and hold each member of the PDL Consolidated Group (other than Facet and the Facet U.S. SubsidiariesFacet, if applicable) and their successors and assigns (collectively, the “PDL Indemnitees”) harmless from and against (i) all Tax Liabilities that Facet is required to pay under Article II and (ii) any costs and expenses related to Tax Liabilities described in clause (i) (including including, without limitation, reasonable legal, accounting, appraisal, consulting or similar fees and expenses).

Appears in 1 contract

Samples: Sharing and Indemnification Agreement (Facet Biotech Corp)

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