Builder Group definition

Builder Group means the following persons and entities, individually and collectively: (i) Builder, its Parent, Subsidiary, Affiliated, Associated Companies; (ii) Builder's Subcontractors, Suppliers and other parties contracting with Builder (excepting Owner); and (iii) The respective Officers, Directors, Employees, Agents, Owners, Shareholders, Servants, Representatives and Insurers of each of the parties set forth in Clauses 25.1 (b) (i) and 25.1 (b) (ii).
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Builder Group has the meaning defined in Section 23.3.
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Examples of Builder Group in a sentence

  • In the event any member of Builder Group or its lenders or any insurer of the Builder Property makes any claim against Buyer Group for any damage to or loss of Builder Property, Builder shall release, indemnify and hold Buyer Group harmless from any such claim to the extent it exposes Buyer Group to any liability in excess of the Contract Price.

  • The Buyer Group and the Builder Group hereby mutually release each other from all such loss or damage.

  • As used herein, a Third Party is any person or entity not included in either the Buyer Group or the Builder Group.

  • As used herein, a “Third Party” is any person or entity not included in either the Buyer Group or the Builder Group.

  • In the event any member of Buyer Group or its lenders or any insurer of the Buyer Property makes any claim against Builder Group for any damage to or loss of Buyer Property, Buyer shall release, indemnify and hold Builder Group harmless from any such claim to the extent it exposes Builder Group to any liability in excess of the Contract Price.

  • This indemnity of Buyer Group by Builder Group in excess of the Contract Price shall apply irrespective of the sole joint or concurrent negligence, negligence per se, gross negligence, statutory fault or strict liability of any member of the Buyer Group, or any pre-existing condition or the unseaworthiness of any vessel.

  • All policies of insurance (except Worker’s Compensation and Employer’s Liability) shall be endorsed to provide that all such insurances are primary and non-contributing with any other insurance maintained by any member of Builder Group to the extent of the risks expressly assumed by Buyer under this Contract.

  • As used herein, a Third Party is any person of entity not included in either the Purchaser Group or the Builder Group.

  • In no event shall the Buyer Group, the Builder Group, or the Vessel, be liable under this Article, whether in contract, warranty or tort (including negligence or strict liability) for economic losses, loss of charter hire or anticipated profits or revenues, delays or increased cost of operation, cost of substitute vessels or by reason of shutdown.

  • This indemnity shall apply irrespective of the joint or concurrent negligence, negligence per se, gross negligence, statutory fault or strict liability of any member of Builder Group or any pre-existing condition or the unseaworthiness of any vessel.

Related to Builder Group

  • Shareholder Group means (i) Shareholder and (ii) any Affiliate or Shareholder Family Entity (as defined in the Shareholder's Agreement) of Shareholder (other than the Company).

  • Provider group means a medical group, independent

  • Holder Group means the Holder plus any other Person with which the Holder is considered to be part of a group under Section 13 of the Exchange Act or with which the Holder otherwise files reports under Sections 13 and/or 16 of the Exchange Act. In determining the number of Equity Interests of a particular class outstanding at any point in time, the Holder may rely on the number of outstanding Equity Interests of such class as reflected in (x) the Company’s most recent Annual Report on Form 10-K or Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission, as the case may be, (y) a more recent public announcement by the Company or (z) a more recent notice by the Company or its transfer agent to the Holder setting forth the number of Equity Interests of such class then outstanding. For any reason at any time, upon written or oral request of the Holder, the Company shall, within one (1) Trading Day of such request, confirm orally and in writing to the Holder the number of Equity Interests of any class then outstanding. Anything herein to the contrary, any increase in the Beneficial Ownership Limitation will not be effective until the 61st day after such notice is delivered to the Company. The provisions of this Section 10 shall be construed, corrected and implemented in a manner so as to effectuate the intended beneficial ownership limitation herein contained.

  • Stockholder Group means the Stockholder and each Person (other than any member of the Company Group) that is an Affiliate of the Stockholder.

  • Contractor Group means the Contractor, its subcontractors of any tier, its and their respective Affiliates, successors and permitted assignees, and its and their respective directors, officers, employees (including agency personnel);