Indemnification Parties definition
Examples of Indemnification Parties in a sentence
In the event of a final and non-appealable determination by a court that any payment of expenses is prohibited by applicable law, the Indemnification Parties shall promptly refund to the Indemnifying Parties the amount of all such expenses theretofore advanced pursuant hereto.
No claim may be asserted nor may any Proceedings be commenced against any Indemnifying Party pursuant Section 7.2 or Section 7.5 to the extent that the Indemnification Parties establish that (i) the Indemnified Party had a reasonable opportunity, but failed, in good faith to mitigate the Loss or (ii) such Loss arises from or was caused by actions taken or failed to be taken by the Indemnified Party after the Closing.
For purpose of this Section "Licensee Indemnification Parties" refers to Licensee and officers, directors, employees and agents of Licensee.
For purposes of this Section, "Licensee Indemnification Parties" refers to Licensee and officers, directors, employees and agents of Licensee.
If the Indemnification Parties fail to designate a successor to the Escrow Agent within such 20 Business Day period, the Escrow Agent shall, at the expense of the Indemnification Parties, institute a ▇▇▇▇ of interpleader as contemplated by Section 4(e)(ii) hereof.
The Service Provider shall execute this Agreement by March 3, 2023 in order to receive funding for 2023-2024.
The Emory Indemnification Parties shall cooperate with Achillion and may, at their option and expense, be represented in any such action or proceeding.
All such Losses constitute Retained Liabilities hereunder, and, as a result, the Purchaser Indemnification Parties shall be entitled to full indemnification with respect to such Losses pursuant to Article IX.
The BD2 Indemnification Parties shall not be required to indemnify Holding or the Surviving Corporation for an Old BD2 Plan Claim under this Article IX unless (and only to the extent) the amount of Damages exceeds $10,000.
If the Indemnification Parties fail to designate a successor to the Escrow Agent within such time, the Escrow Agent shall, at the expense of the Indemnification Parties, institute a bill of interpleader as con▇▇▇▇lated by Section 7(e)(ii) hereof.