Examples of Indemnified Buyer Party in a sentence
Any claim by a Indemnified Buyer Party for indemnification shall not be adversely affected by any investigation by or opportunity to investigate afforded to the Buyer.
From and after the Closing Date, each Stockholder shall indemnify and hold harmless each Indemnified Buyer Party from and against any Damages that such Indemnified Buyer Party may sustain, suffer or incur and that result from, arise out of or relate to any breach of any of such Stockholder’s representations and warranties in Section 5.
In the event that an Indemnified Buyer Party or an Indemnified Seller Party seeks indemnification (the "Indemnitee") from the other party or parties to this Agreement (the "Indemnitor"), the Indemnitee shall promptly notify the Indemnitor in writing of such claim or demand, specifying the nature of such claim or demand and the amount or the estimated amount thereof to the extent then feasible, which estimate shall not be conclusive of the final amount of such claim or demand (the "Claim Notice").
No Indemnified Buyer Party may make a claim for indemnification pursuant to Section 9.2(a), or for breach of any covenant, warranty or representation under this Agreement, unless and until Damages in an aggregate amount greater than One Hundred Thousand Dollars ($100,000.00) (the “Basket”) have been incurred, paid or accrued, in which case the Indemnified Buyer Party may make claims for indemnification for or recovery of all Damages, including those included in the Basket.
The period during which claims of an Indemnified Buyer Party for indemnification pursuant to this Agreement may be initiated (the “Claims Period”), shall commence at the Closing and terminate on the Release Date.
An Indemnified Buyer Party shall give notice under this Section 10.9 of any claim for indemnification against the Stockholders to the Stockholders and the Stockholder’s Representative, and only the Stockholder’s Representative shall be empowered, following such notice, to respond to or take any other action on behalf of the Stockholders with respect to the claim.
Notwithstanding anything contained in this Agreement to the contrary, except as specifically provided in this Section 10.8, the obligation of each Stockholder with respect to the payment of any amount to any Indemnified Buyer Party for any matter subject to this Section 10 shall be several in proportion to such Stockholder’s respective Indemnification Share and not joint.
Subsequently, this Project is expected to reduce the anthropogenic emission of greenhouse gases (GHGs), particularly carbon dioxide (CO2) which is one of the major causes of man-induced global warming.The scope of this study covers a quantitative assessment of the GHG emissions from the Project using available information and assumptions, and a comparison of emissions from the Project to Lao energy sector’s GHG emission portfolio.
Nothing in this Agreement shall obligate any Indemnified Buyer Party or Indemnified Seller Party, as the case may be, to seek recovery under any insurance policy for any Losses.
OAO shall be responsible for and will pay any Tax, including any Liability of the Company for Tax resulting from the application to it of Treasury Regulation ss.1.338(h)(10)- 1(f)(5), attributable to the making of the Section 338(h)(10) Election and will indemnify and hold harmless each Indemnified Buyer Party from and against any Damages arising out of any failure to pay such Tax.