Purchaser Indemnitee definition

Purchaser Indemnitee. As defined in Section 6(a) hereof.

Purchaser Indemnitee has the meaning set forth in Section 7.2(a).

Purchaser Indemnitee has the meaning set forth in Section 10.2(a).

Examples of Purchaser Indemnitee in a sentence

• The Purchaser accepts each indemnity in favour of any of the Purchaser Indemnitees that is not a Party as agent and trustee of that Purchaser Indemnitee and may enforce any such indemnity in favour of that Purchaser Indemnitee on behalf of that Purchaser Indemnitee.

• Upon resolution with respect to each such claim, Purchaser Representative and Seller Representative shall promptly deliver joint written instructions to the Escrow Agent instructing the Escrow Agent to, within two Business Days, reimburse the applicable Purchaser Indemnitee for the amount of the related Loss, if any, specified in such joint written instruction from the Standard Escrow Amount and release the remaining amounts retained in connection with such claim to the Sellers.

• Upon resolution with respect to each such claim, Purchaser Representative and Seller Representative shall promptly deliver joint written instructions to the Escrow Agent instructing the Escrow Agent to, within two Business Days, reimburse the applicable Purchaser Indemnitee for the amount of the related Loss, if any, specified in such joint written instruction from the Special Escrow Amount and release the remaining amounts retained in connection with such claim to Sellers.

• If SCPPA, in response to Purchaser’s request, defends any Purchaser Indemnitee, Purchaser shall approve the selection of counsel, and Purchaser shall further approve any settlement or disposition, such approval not to be unreasonably withheld.

• The indemnity provided for herein shall remain in full force and effect regardless of any investigation made by or on behalf of any Purchaser Indemnitee.

More Definitions of Purchaser Indemnitee

Purchaser Indemnitee shall have the meaning set forth in Section 6.2.

Purchaser Indemnitee shall have the meaning ascribed to it in Section 9.1.

Purchaser Indemnitee shall have the meaning set forth in Section 11.1 of this Agreement.

Purchaser Indemnitee means Purchaser, its past, current and future Affiliates and Subsidiaries, including, after the Closing, any Acquired Entity, any Fund Entity and their respective Subsidiaries and Affiliates and the past, current and future respective stockholders, equity owners, members, partners, controlling Persons (if any), directors, trustees, managers, officers, employees, agents, successors, assigns and personal representatives of each of them.

Purchaser Indemnitee has the meaning ascribed to such term in Section 6.5.

Purchaser Indemnitee has the meaning assigned to such term in Section 8.1.

Purchaser Indemnitee is defined in Section 5.1.