Examples of Buyer Indemnified Parties in a sentence
Once a claim exceeds the Threshold, then, to the extent that cumulative Damages exceed the Basket, the Buyer Indemnified Parties would be entitled to recover the full amount of Damages in excess of the Basket.
Except in the case of Fraud, from and after the Closing the provisions of this Article 10, Section 1.8, Section 6.5 and Section 11.15 set forth the exclusive remedies of (a) the Buyer Indemnified Parties with respect to claims for breach of any representation, warranty, covenant or agreement contained in this Agreement and (b) the Seller Indemnified Parties with respect to claims for breach of any representation, warranty, covenant or agreement contained in this Agreement.
Notwithstanding anything to the contrary herein, in any event in which the arbitrator decides in favor of a Seller Indemnifying Party or a Seller in a Fraud claim brought by the Buyer Indemnified Parties against a Seller Indemnifying Party or a Seller, then the Buyer Indemnified Parties shall bear all costs and expenses incurred by the parties in such arbitration.
The Seller hereby acknowledges that any Losses that may be assessed against the Buyer Indemnified Parties in connection with such Specified Matters constitute Losses for which the Buyer Indemnified Parties will be indemnified pursuant to this Article 10.
If there is a breach of Section 3.29, Buyer Indemnified Parties shall be entitled to indemnification for the Losses arising from the breaches of the individual representations and warranties contributing to such breach of Section 3.29 and shall not also be entitled to indemnification for such breach of Section 3.29.