Indemnified Seller Parties definition

Indemnified Seller Parties means Seller and its Affiliates, and the respective Entity Representatives of the foregoing.

Indemnified Seller Parties has the meaning set forth in Section 8.4.

Indemnified Seller Parties has the meaning ascribed to it in Section 15.01.

Examples of Indemnified Seller Parties in a sentence

• Any claim for indemnity under this Section 16.2 or this Agreement by any current or former Indemnified Purchaser Parties or the Indemnified Seller Parties must be brought and administered by the applicable Party to this Agreement.

• Purchaser shall be responsible for and shall indemnify, defend and reimburse the Indemnified Seller Parties for all out-of-pocket costs and expenses (including fees of any independent auditor) incurred by Seller in providing access to the records, personnel, and accounting firm and complying with the provisions of this Section 10.20, and shall reimburse Seller these amounts within thirty (30) days after receiving an invoice therefor.

• Subject to Article 16, Purchaser hereby waives, for itself and its successors and assigns, any other Claims, Losses, or rights against any of the Indemnified Seller Parties relating to any Environmental Matters, whether arising under Environmental Laws, any other Laws (whether in contract, tort, equity, or otherwise), or any other legal theory.

• Except as expressly provided in this Agreement, the Indemnified Seller Parties shall not have any Liability to Purchaser, its Affiliates, any Indemnified Purchaser Parties, or their respective Entity Representatives, arising out of or resulting from any authorized or unauthorized use, disclosure, or reliance on the Background Materials or other information and data relating to the Acquired Assets or the Assumed Liabilities provided by or on behalf of Seller or any other Indemnified Seller Party.

• This Agreement is intended for the benefit of Buyer and Seller, and except as provided in the indemnities granted by Buyer to the Indemnified Seller Parties herein, no other person or entity shall be entitled to rely on this Agreement, receive any benefit from it or enforce any provisions of it against Buyer or Seller.

More Definitions of Indemnified Seller Parties

Indemnified Seller Parties shall be as defined in Section 9.2.

Indemnified Seller Parties is defined in Section 9.1(b) hereof.

Indemnified Seller Parties shall have the meaning set forth in Section 8.2;

Indemnified Seller Parties shall have the meaning specified in Section 11.4. 77

Indemnified Seller Parties means (x) Saga Petroleum, Saga SWD, Saga LLC, Xxxxx, the Xxxxx Family Trust and Xxxxxx, (y) all parties serving as officers, directors, shareholders, partners, members, managers, principals or trustees of Saga Petroleum, Saga SWD, Saga LLC or the Xxxxx Family Trust at any time prior to the Closing, and (z) as to all of the persons and entities in clauses (x) and (y) above, their respective representatives, employees, agents, affiliates, and personal representatives. "Environmental Matter" means the following matters arising in connection with the Cedar State Well, regardless of whether incurred with respect to events occurring prior to or after the Cedar State Effective Time: (i) the violation of, and compliance with past, present and future Environmental Laws (as such term is defined in the PSA, which definition shall survive the termination of the PSA); (ii) remediation and restoration of the Cedar State Well, including, without limitation, plugging and abandonment and remediation of xxxxx and well sites; (iii) naturally occurring radioactive materials; (iv) asbestos and (v) damage to persons or property on account of Pollutants (as such term is defined in the PSA, which definition shall survive the termination of the PSA).

Indemnified Seller Parties has the meaning set forth in Section -------------------------- 9.2.2.

Indemnified Seller Parties has the meaning specified in Section 10.10.