Punitive Damages. No Indemnified Party shall be entitled to indemnification for any exemplary or punitive damages except to the extent a third party is awarded such Damages from such Indemnified Party.
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Samples: Membership Interests Purchase Agreement (HG Holdings, Inc.), Equity Purchase Agreement (HG Holdings, Inc.)
Punitive Damages. No Indemnified Party shall be entitled to indemnification for any exemplary punitive Damages related to the breach or punitive damages alleged breach of this Agreement except to the extent such punitive Damages are owed to a third party is awarded such Damages from such Indemnified Partyparty.
Appears in 2 contracts
Samples: Purchase and Sale Agreement (Hcp, Inc.), Purchase and Sale Agreement (Emeritus Corp\wa\)
Punitive Damages. No Indemnified Party shall be entitled to indemnification for any special, punitive, or exemplary or punitive damages except except, in each case, to the extent a such damages are finally awarded and actually paid by the Indemnified Party to an unaffiliated third party is awarded such Damages from such in connection with an Action against the Indemnified Party.
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