Common use of Limitations Regarding Indemnification Clause in Contracts

Limitations Regarding Indemnification. (a) The indemnification obligation set forth in Sections 2.1(a), 2.2(a) and 2.2(b) shall terminate on the third anniversary of the Closing Date and the indemnification obligation set forth in Section 2.2(e) shall terminate on the 30th day after the termination of any applicable statute of limitations; provided, however, that any such indemnification obligation with respect to a Loss shall survive the time at which it would otherwise expire pursuant to this Section 2.4(a) if notice of such Loss is properly given to Oasis prior to such time. The indemnification obligations set forth in Sections 2.2(c), 2.2(d) and 2.3 shall survive indefinitely.

Appears in 3 contracts

Samples: Omnibus Agreement (Oasis Midstream Partners LP), Omnibus Agreement (Oasis Midstream Partners LP), Omnibus Agreement (Oasis Midstream Partners LP)

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Limitations Regarding Indemnification. (a) The indemnification obligation obligations set forth in Sections 2.1(a), 2.2(a) ), and 2.2(b) shall terminate on the third anniversary of the Closing Date and the indemnification obligation set forth in Section 2.2(e2.2(d) shall terminate on the 30th 60th day after the termination of any applicable statute of limitations; provided, however, that any such indemnification obligation with respect to a Loss shall survive the time at which it would otherwise expire pursuant to this Section 2.4(a) if notice of such Loss is properly given to Oasis EQT prior to such time. The indemnification obligations set forth in Sections 2.2(c), 2.2(d2.2(e), 2.2(f) and 2.3 shall survive indefinitely.

Appears in 3 contracts

Samples: Omnibus Agreement, Omnibus Agreement (EQT Midstream Partners, LP), Omnibus Agreement (EQT Midstream Partners, LP)

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Limitations Regarding Indemnification. (a) The indemnification obligation set forth in Sections 2.1(a), 2.2(a) and 2.2(b) shall terminate on the third anniversary of the Closing Date and the indemnification obligation set forth in Section 2.2(e2.2(d) shall terminate on the 30th day after the termination of any applicable statute of limitations; provided, however, that any such indemnification obligation with respect to a Loss shall survive the time at which it would otherwise expire pursuant to this Section 2.4(a) if notice of such Loss is properly given to Oasis EQT RE prior to such time. The indemnification obligations set forth in Sections 2.2(c), 2.2(d) and 2.3 shall survive indefinitely.

Appears in 1 contract

Samples: Omnibus Agreement (Rice Midstream Partners LP)

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