Mutual Indemnification definition

Mutual Indemnification section states the indemnifying party’s sole liability to, and the indemnified party’s exclusive remedy against, the other party for any third-party claim described in this section.
Mutual Indemnification. Each party shall defend, indemnify, and hold harmless the other party and its subsidiaries and affiliates, and their respective directors, officers, employees, and agents, from and against all claims, causes of action, demands, losses, damages, liabilities, settlement amounts, and costs and expenses of any type whatsoever (including reasonable attorneys' fees and costs) arising from or related to any breach of any representation or warranty by the indemnifying party in Article 7 of this Agreement.

Examples of Mutual Indemnification in a sentence

  • Section 6 (Fees and Payment for Purchased Services), 7 (Proprietary Rights), 8 (Confidentiality), 9.3 (Disclaimer), 10 (Mutual Indemnification), 11 (Limitation of Liability), 12.4 (Refund or Payment upon Termination), 12.5 (Return of Your Data), 13 (Who You Are Contracting With, Notices, Governing Law and Jurisdiction) and 14 (General Provisions) shall survive any termination or expiration of this Agreement.

  • The Sections titled "Fees and Payment for Purchase Services," "Proprietary Rights and Licenses," "Confidentiality," "Disclaimers," "Mutual Indemnification," "Limitation of Liability," "Refund or Payment upon Termination," "Portability and Deletion of Your Data," "Who You Are Contracting With, Notices, Governing Law and Jurisdiction," and "General Provisions" will survive any termination or expiration if this Agreement.

  • This Section 9 (Mutual Indemnification) states the indemnifying party’s sole liability to, and the indemnified party’s exclusive remedy against, the other party for any type of claim described in this Section.

  • This Section 8 (Mutual Indemnification) states the indemnifying party’s sole liability to, and the indemnified party’s exclusive remedy against, the other party for any type of claim described in this Section.

  • This Section 11 (Mutual Indemnification) states the indemnifying party’s sole liability to, and the indemnified party’s exclusive remedy against, the other party for any type of Claim described in this Section.


More Definitions of Mutual Indemnification

Mutual Indemnification. If the Limited Partners are jointly, or jointly and severally liable for any obligations (including under any guarantee), or deemed statutorily, by common law, or by judgement of a court or other tribunal or board having jurisdiction to be jointly or jointly and severally liable for any obligations, in each case where such obligations relate to the Partnership or the Partnership Property, the respective liability of each of the Limited Partners, as between themselves, shall be limited in accordance with their respective Percentage Interests and be as more particularly provided in Section 18.04. For all purposes of this Section 18.05 the obligations and liabilities of each of the Limited Partners comprising the Great Gulf Group under the AmSouth Guarantees shall be considered and be deemed to be obligations for which the Limited Partners are jointly and severally liable. In the event that, notwithstanding the foregoing provisions of this Section, any Limited Partner (hereinafter in this Section called the "NON-DEFAULTING PARTY") shall in fact pay moneys pursuant to any demand from any third party under any liability in any amount(s) in excess of its Percentage Interest thereof as aforesaid (the others of the Limited Partners which shall have paid no money or shall not have paid its Percentage Interest thereof as aforesaid, being referred to in this Section as the "DEFAULTING PARTIES"), each of the Defaulting Parties shall pay to the Non-Defaulting Party its Percentage Interest of the excess amount of money so paid by the Non-Defaulting Party on demand as aforesaid, together with accrued interest thereon from the date the Non-Defaulting Party paid such money to the date that such Defaulting Party repays such money to the Non-Defaulting Party at the rate of 5% per annum in excess of the Prime Rate as published from time to time by the Wall Street Journal, provided that the obligation to pay such interest shall be subject to the provisions of Section 8.07. Each of the Limited Partners (herein called the "INDEMNIFYING PARTNER") hereby indemnifies and shall forever save harmless each other Limited Partner (herein called the "INDEMNIFIED PARTNER") within 10 days of written demand being made therefor by an Indemnified Partner, to the extent of that portion of all moneys which the Indemnified Partner has paid or may be required to pay or liability to which it is or may become subject by reason of any such joint or joint and several liability (for greater certainty,...
Mutual Indemnification. Except as specified in Section 5.2, each party to this Agreement agrees to mutually indemnify the other party from any judgment resulting from a third party lawsuit arising out of this Agreement.
Mutual Indemnification. The Group assumes full responsibility for the conduct of all persons in attendance at the Event and for any damage done to any part of the Hotel during any time such premises are in use by the Group or the Group’s attendees, guests, invitees, employees, or independent contractors employed by the Group, which damage is caused by any of said persons. To the fullest extent permitted by law, Group agrees to protect, indemnify, defend and hold harmless Hotel, and their respective owners, commissioners, directors, officers, managers, partners, subsidiaries, affiliates, employees and agents, from and against any and all claims, losses, or damages to persons or property, governmental charges or fines, penalties, liabilities and costs (including reasonable attorney’s fees, including fees of paralegals), and whether by reason of personal injury, death, property damage, or otherwise, in any way arising out of or relating to the Event that is the subject of this Agreement but only to the extent any such Claim(s) arise out of negligence, gross negligence or intentional misconduct of the Group’s employees, agents, contractors, or attendees, or a violation or breach of any of the terms and conditions of this Agreement by Group or any related act or failure to act by Group, including but not limited to the obligation of compliance with applicable laws or regulations. Nothing in this indemnification shall require Group to indemnify Hotel Indemnified Parties for the portion of any Claim arising out of the negligence, gross negligence or intentional misconduct of Hotel Indemnified Parties. This section shall survive any termination or expiration of this Agreement. To the fullest extent permitted by law, Hotel agrees to protect, indemnify and hold harmless Group, Group’s owners, managers, partners, subsidiaries, affiliates, officers, directors, employees and agents (collectively, the “Group Indemnified Parties”), from and against any and all Claims (as such term is defined above) arising out of or relating to the Event that is the subject of this Agreement to the extent any such Claim(s) arise out of the negligence, gross negligence or intentional misconduct of Hotel employees, agents, or contractors. Nothing in this indemnification shall require Hotel to indemnify any of the Group Indemnified Parties for that portion of any Claim arising out of the negligence, gross negligence or intentional misconduct of the Group Indemnified Parties. This section shall not waive any statut...
Mutual Indemnification. Each Member (in this capacity referred to as "Indemnitor") does hereby and shall at all times indemnify and hold harmless the Company and the other Member and its Affiliates, and all officers, directors, agents, attorneys, and employees of the foregoing (in this capacity individually referred to as an "Indemnitee") from and against any and all costs, claims, charges, recoveries, losses, expenses (including but not limited to attorneys' fees and disbursements), liabilities, damages, judgments, settlements, injunctions, compromises, penalties, decrees or any other loss of any kind or nature whatsoever (all referred to herein as "Loss") which may be made, asserted, maintained or secured against, or suffered by, any Indemnitee caused by or arising out of (a) any breach by Indemnitor of any of its representations, warranties, agreements or undertakings herein, including without limitation any consequential or special damages proximately caused by the foregoing; or (b) any acts prohibited by this Agreement. Indemnitees agree to give Indemnitor Notice of any claim, demand or action which is or may be subject to this Section ("Claim") promptly after obtaining knowledge thereof and shall on request make available to Indemnitor all documents relating to the Claim, but failure to give Notice shall not affect the right of any Indemnitee to indemnification herein if the Indemnitee can establish that Indemnitor is not prejudiced by such failure. Promptly upon receipt of such Notice or upon obtaining knowledge of
Mutual Indemnification. Limitation of Liability,” “Refund or Payment upon Termination,” “Removal of Content and Non-QEEXO Applications,” “Surviving Provisions” and “General Provisions” will survive any termination or expiration of this Agreement, and the section titled “Protection of Customer Data” will survive any termination or expiration of this Agreement for so long as QEEXO retains possession of Customer Data.
Mutual Indemnification. The parties shall indemnify and hold harmless each other, including their respective officers, directors, agents, employees, and representatives, from and against any and all claims, actions, losses, liabilities, damages and expenses (including reasonable legal fees and expenses) relating to any breach by a party of any obligation, covenant, representation or warranty contained in this Agreement.
Mutual Indemnification means the cooperative and collaborative element of takaful where the participants mutually provide insurance cover for oneanother in the event of any mishap;