Common use of Indemnification of Third Party Claims Clause in Contracts

Indemnification of Third Party Claims. The indemnification obligations and liabilities under this Section 6.3 with respect to Actions brought against a Parent Indemnified Party or a Company Indemnified Party (each in such capacity, an “Indemnitee”) by a Person other than a Party hereto (a “Third Party Claim”) shall be subject to the following terms and conditions (for purposes of this Agreement, (x) the “Indemnified

Appears in 2 contracts

Samples: Agreement and Plan of Reorganization (Bimini Capital Management, Inc.), Agreement and Plan of Reorganization (FlatWorld Acquisition Corp.)

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Indemnification of Third Party Claims. The indemnification obligations and liabilities under this Section 6.3 Article with respect to Actions actions, proceedings, lawsuits, investigations, demands or other claims (a “Third Party Claim”) brought against a Parent party entitled to indemnification (the “Indemnified Party or a Company Indemnified Party (each in such capacity, an “IndemniteeParty”) by a Person other than a Party hereto party obligated to provide such indemnification (a the Third Party ClaimIndemnifying Party”) shall be subject to the following terms and conditions (for purposes of this Agreement, (x) the “Indemnifiedconditions:

Appears in 1 contract

Samples: Stock Purchase Agreement (Equity Media Holdings CORP)

Indemnification of Third Party Claims. The indemnification obligations and liabilities under this Section 6.3 Article VII with respect to Actions actions, proceedings, lawsuits, investigations, demands or other claims brought against a Parent Indemnified Party or a Company Indemnified Party party under an obligation to indemnify pursuant to Section 7.1 (each in such capacity, an the IndemniteeIndemnifying Party”) by a Person other than a Party hereto party entitled to indemnification pursuant to Section 7.1 (the “Indemnified Party”) (a “Third Party Claim”) shall be subject to the following terms and conditions (for purposes of this Agreement, (x) the “Indemnifiedconditions:

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Triplecrown Acquisition Corp.)

Indemnification of Third Party Claims. The indemnification obligations and liabilities under this Section 6.3 Article VII with respect to Actions actions, proceedings, lawsuits, investigations, demands or other claims brought against an Indemnified Party by a Person other than a Parent Indemnified Party (in the case of a claim brought against any of the Sellers) or a Company Indemnified Party (each in such capacity, an “Indemnitee”the case of a claim brought against Surviving Pubco or the Surviving Company) by a Person other than a Party hereto (a “Third Party Claim”) shall be subject to the following terms and conditions (for purposes of this Agreement, (x) the “Indemnifiedconditions:

Appears in 1 contract

Samples: Agreement and Plan of Merger (Andina Acquisition Corp. II)

Indemnification of Third Party Claims. (a) The indemnification obligations and liabilities Liabilities of an Indemnifying Party under this Section 6.3 Article III with respect to Actions brought against a Parent Indemnified Party or a Company Indemnified Party Losses arising from claims of any third party which are subject to the indemnification provided for in this Article III (each in such capacity, an “Indemnitee”) by a Person other than a Party hereto (a “"Third Party Claim”Claims") shall be subject to governed by and contingent upon the following additional terms and conditions (for purposes of this Agreement, (x) the “Indemnifiedconditions:

Appears in 1 contract

Samples: Asset Transfer Agreement (Transamerican Refining Corp)

Indemnification of Third Party Claims. The indemnification obligations following provisions shall be applicable to any and liabilities under this Section 6.3 with respect to Actions brought against a Parent Indemnified Party or a Company Indemnified Party (each in such capacity, an “Indemnitee”) by a Person other than a Party hereto all Claims (a “Third Party Claim”) shall be subject to the following terms and conditions made against a Party (for purposes of this Agreement, (x) the “IndemnifiedIndemnified Party”) by a Person other than the particular Indemnified Party or any of its Affiliates or Related Parties for which it is entitled to indemnification pursuant to this Agreement from the other Party (the “Indemnifying Party”):

Appears in 1 contract

Samples: Securities Purchase Agreement (Cannapharmarx, Inc.)

Indemnification of Third Party Claims. The indemnification obligations and liabilities under Section 7.1 of this Section 6.3 Article VII with respect to Actions actions, proceedings, lawsuits, investigations, demands or other claims brought against a Parent Indemnified Party or a Company Indemnified Party (each in such capacity, an “Indemnitee”) Indemnitee by a Person other than a Party hereto (a “Third Party Claim”) shall be subject to the following terms and conditions (for purposes of this Agreement, (x) the “Indemnifiedconditions:

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Ascend Acquisition Corp.)

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Indemnification of Third Party Claims. The indemnification obligations and liabilities of any Party to indemnify the other under this Section 6.3 with respect to Actions brought against a Parent Indemnified Party Claim relating to or a Company Indemnified Party (each in such capacity, an “Indemnitee”) by a Person other than a Party hereto arising from third parties (a “Third Party Claim”) shall be subject to the following terms and conditions (for purposes of this Agreement, (x) the “Indemnifiedconditions:

Appears in 1 contract

Samples: Consulting Agreement

Indemnification of Third Party Claims. The indemnification obligations and liabilities under this Section 6.3 Article VIII with respect to Actions actions, proceedings, lawsuits, investigations, demands or other claims brought against a Parent Indemnified Party or a Company Indemnified Party (each in such capacity, party under an “Indemnitee”) by a Person obligation to indemnify pursuant to Section 8.01 other than a Party hereto the Indemnified Parties (a “Third Party Claim”) shall be subject to the following terms and conditions (for purposes of this Agreement, (x) the “Indemnifiedconditions:

Appears in 1 contract

Samples: Agreement and Plan of Merger (Barington/Hilco Acquisition Corp.)

Indemnification of Third Party Claims. The indemnification obligations following provisions shall be applicable to any and liabilities under this Section 6.3 with respect to Actions brought against all Claims made by a Parent Indemnified Party or a Company Indemnified Third Party (each in such capacity, an “Indemniteea ) by a Person other than a Party hereto (a “Third Party Claim”) against a Person that is entitled to indemnification pursuant to this Agreement (the ”Indemnified Party”), and the Party obligated to provide such indemnification shall be subject to the following terms and conditions (for purposes of this Agreement, (x) the “Indemnified”Indemnifying Party”.

Appears in 1 contract

Samples: Agreement of Purchase and Sale (Devon Energy Corp/De)

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