Buyer Group Member definition
Examples of Buyer Group Member in a sentence
Each party shall take, and shall cause each Seller Group Member and Buyer Group Member, as applicable, to take, commercially reasonable efforts to mitigate its respective Losses that are indemnifiable or recoverable hereunder or in connection herewith, upon and after becoming aware of any fact or event that has given rise to any such Losses.
If a Buyer Group Member receives an amount under insurance coverage with respect to Losses sustained at any time subsequent to any indemnification payment pursuant to this Article XI, then such Indemnified Party shall reimburse the Indemnitor within fifteen (15) days of receipt by the Indemnified Party of such amount.
Any payment to any Buyer Group Member in respect of any claim for indemnification under this Article XI or Section 7.3 shall be paid by Seller directly within five (5) Business Days after such claim is resolved in accordance with this Agreement.