Examples of Buyer Indemnified Person in a sentence

This indemnification obligation will apply notwithstanding any negligent or intentional acts, errors or omissions of a Buyer Indemnified Person, but Seller’s liability to pay Damages to a Buyer Indemnified Person will be reduced in proportion to the percentage by which that Buyer Indemnified Person’s negligent or intentional acts, errors or omissions caused the Damages.
The Indemnity Escrow Amount shall be held by the Escrow Agent as security for, and the Indemnity Escrow Amount will be available to satisfy, any actual amount for which a Buyer Indemnified Person is entitled to indemnification pursuant to Article VII, subject to the terms, conditions and limitations set forth herein.
Seller is not required to indemnify a Buyer Indemnified Person for its Damages resulting from that Buyer Indemnified Person’s sole negligence, intentional acts or willful misconduct.
In accordance with the Escrow Agreement, on the General Survival Date, the Escrow Agent shall distribute to Seller the balance of the Escrow Amount, if any (the "Remaining Amount") less the aggregate dollar amount of any bona fide claim or claims for indemnification made or brought by a Buyer Indemnified Person in accordance with Article VII that are then outstanding or to which any Third Party Claim are pending and unresolved (the "Pending Claims").

More Definitions of Buyer Indemnified Person

Buyer Indemnified Person is defined in Section 7.1.

Buyer Indemnified Person is defined in Section 11.2(a) of this Agreement.

Buyer Indemnified Person has the meaning given it in Section 9.2.

Buyer Indemnified Person has the meaning set forth in Section 5.1.

Buyer Indemnified Person shall have the meaning assigned to it in Section 5.01 of the Transfer Agreement.

Buyer Indemnified Person shall have the meaning assigned to it in Section 5.01 of the Sale and Contribution Agreement.

Buyer Indemnified Person means each of the Company (following the Closing), Buyer, Merger Sub (a/k/a the Surviving Entity) and their respective Affiliates and each of the respective equity holders, directors, officers, employees, agents, successors and assigns of each of the foregoing Persons.