Examples of Buyer Indemnification Event in a sentence
In addition, upon notice from Seller, Buyer shall promptly pay all amounts that Seller has become legally obligated to pay by judgment, settlement or otherwise, by reason of any Buyer Indemnification Event.
From and after the Effective Time, the Buyer Indemnified Parties shall be indemnified and held harmless from and against any and all Losses that are incurred or suffered by Buyer Indemnified Parties or any of them by reason of a Buyer Indemnification Event.
Notwithstanding anything to the contrary contained in this Agreement, the Cap shall not be applicable to the Unlimited Indemnification Events (except that the Cap shall be applicable to the Buyer Indemnification Event described in Section 7.3(a)(vi)).
No Losses in respect of a claim based on a Buyer Indemnification Event shall be included in determining whether the Deductible has been reached unless an Indemnification Notice seeking indemnification for such Losses has been given by Buyer Indemnified Parties to the Shareholder Representatives in accordance with this Article VII.
No Losses in respect of a claim based on a Buyer Indemnification Event shall be included in determining whether the Deductible has been reached unless an Indemnification Notice seeking indemnification for such Losses has been given by the Buyer Indemnified Parties to the Sellers in accordance with this Section 8.2 and such Losses have been determined by the Sellers in their reasonable judgment to result from an Indemnification Event.
The relief requested in clauses (d) and (e) is for declarations on isolated aspects of the negotiations related to the Forest and Range Agreement, and I have held that negotiations on the Agreement does not constitute consultation and accommodation for the purposes of the Minister’s consent to the change of control of Skeena.
Preamble Buyer Indemnification Event ..................................
If the Closing shall occur, (i) the Sellers hereby agree to indemnify and hold harmless the Buyer from and against any and all Losses which are incurred or suffered by the Buyer by reason of a Buyer Indemnification Event and (ii) the Buyer hereby agrees to indemnify the Sellers from and against any and all Losses which are incurred or suffered by the Sellers or any of them by reason of a Seller Indemnification Event.
No Losses in respect of a claim based on a Buyer Indemnification Event shall be included in determining whether the Threshold Deductible has been reached unless an Indemnification Notice seeking indemnification for such Losses has been given by the Buyer Indemnified Parties to the Seller in accordance with this Section 8.2 and such Losses have been determined by the Seller in its reasonable judgment to result from an Indemnification Event.
In addition to SAIC's right to deduct the aggregate amount of Damages arising from a Buyer Indemnification Event from the Holdback Amount, subject to the terms, conditions and limitations of this Article X, Xxxxxxx shall indemnify, defend and hold harmless the SAIC Parties from and against all Damages suffered by, imposed upon or incurred by any Indemnitee(s) or, resulting from, relating to or arising out of any Buyer Indemnification Event.