Indemnity Group definition
Examples of Indemnity Group in a sentence
In no event shall Losses indemnifiable by, as applicable, the Duratech Indemnifying Parties, the UpSnap Indemnifying Parties or Philipp to the Duratech Group, UpSnap Group or the Special Indemnity Group, as applicable, exceed Two Hundred Thousand Dollars (US$200,000.00).
Except to the extent otherwise provided in Section 6.4 and Section 8.4, the indemnity provided by each Party to the other under this Article IX shall constitute the sole and exclusive remedy for such Party and its Indemnity Group after the Closing with respect to (a) the inaccuracy or breach of any representation or warranty made by another Party hereunder and (b) a breach or default in the performance by such other Party of any covenant or agreement of such other Party contained in this Agreement.
The current members of the Covered Indemnity Group are set forth on Exhibit B.
The name of the Company shall be “Global Indemnity Group, LLC,” and the Company’s business shall be conducted under such name and any other name or names as may be determined by the Board of Directors from time to time.
The descriptions of the mortgage guaranty business conducted by the Insurance Subsidiaries, and of the Company’s Republic Financial Indemnity Group (the “Group”), including without limitation the descriptions of the regulatory status of such business and Group, included or incorporated by reference in the Registration Statement, the Disclosure Package and the Prospectus, are complete and correct in all material respects.
This Agreement, any other agreement contemplated herein, and all provisions and conditions hereof and thereof, are for the sole and exclusive benefit of the Parties and the parties to such other agreements (and (x) Issuer Indemnity Group and Seller Indemnity Group who are entitled to indemnification under ARTICLE 5 and (y) Non-Party Affiliates under Section 6.13), and their respective successors and permitted assigns.
Nothing expressed or referred to in this Agreement shall be construed to give any Person other than the Parties or the parties to any other agreement contemplated herein (and (a) Issuer Indemnity Group and Seller Indemnity Group who are entitled to indemnification under ARTICLE 5 and (b) Non-Party Affiliates under Section 6.13), any legal or equitable right, remedy, or claim under or with respect to this Agreement or any provision of this Agreement.
If the composition of the Covered Indemnity Group changes after the date hereof the Company will promptly provide Indemnitee with a revised Exhibit B reflecting such changes.
An SW2 and SW1 Permanent staff who is absent from work as a result of illness or injury sustained at work and who has been awaiting approval of claim for Weekly Indemnity Group Insurance benefits may apply to the Executive Director of the Employer for payment equivalent to the lessor of the benefit she would receive from Weekly Indemnity Group Insurance if her claim was approved or the benefit to which she would be entitled under the Sick Leave Plan, to a maximum of her unused sick leave.
I have read the Global Indemnity Group, LLC 2023 Share Incentive Plan, this Agreement and the Limited Liability Company Agreement and agree to be bound by the terms of the Plan, this Agreement and the Limited Liability Company Agreement.