Seller Indemnification Event means (i) the untruth, inaccuracy or breach of any representation or warranty of the Buyer contained in this Agreement, any Schedule or Exhibit attached hereto, the Assignment and Assumption Agreement or any certificate delivered by the Buyer in connection herewith (or any facts or circumstances constituting any such untruth, inaccuracy or breach) or (ii) the breach of any agreement or covenant of the Buyer contained in this Agreement or the Assignment and Assumption Agreement, including, without limitation, the assertion against the Seller or any Seller Indemnified Person of any liability or obligation arising from, relating to, or in any way connected with any Assumed Obligation.

Seller Indemnification Event means (i) the untruth, inaccuracy or breach of any representation or warranty of the Buyer contained in this Agreement, any Schedule or Exhibit attached hereto, the Assignment and Assumption Agreement or any certificate delivered by the Buyer in connection herewith (or any facts or circumstances constituting any such untruth, inaccuracy or breach) or (ii) the breach of any agreement or covenant of the Buyer contained in this Agreement or the Assignment and Assumption Agreement which is not cured within thirty (30) days after the Buyer receives written notice of such breach from the Seller, including, without limitation, the assertion against any Seller Indemnified Person of any liability or obligation arising from, relating to, or in any way connected with any Assumed Obligation.

Examples of Seller Indemnification Event in a sentence

Under the Amendment Agreement, the Seller Parties agreed to specifically include the Lawsuits (and any other actions deriving from them by consolidation or otherwise) as a Seller Indemnification Event.
Preamble Seller Indemnification Event...............................................
If the Closing shall occur, (i) the Sellers hereby agree to indemnify and hold harmless the Buyer from and against any and all Losses which are incurred or suffered by the Buyer by reason of a Buyer Indemnification Event and (ii) the Buyer hereby agrees to indemnify the Sellers from and against any and all Losses which are incurred or suffered by the Sellers or any of them by reason of a Seller Indemnification Event.
All indications suggest that this distribution is representative of users of the SAP system in Queensland Government.
The Buyer shall indemnify the Seller Indemnified Persons for, and hold each of them harmless from and against, any and all Losses resulting from any Seller Indemnification Event.
Use of national government partners to implement the programme Capacity created remains within government e.g. MED leading capacity building on M&E, capacity building on PCs done by Ministry of Public Service, OSR capacity building by CRA etc.

More Definitions of Seller Indemnification Event

Seller Indemnification Event is defined in Section 8.2(b)(ii).

Seller Indemnification Event means the following:

Seller Indemnification Event shall have the meaning set forth in Section 5.2.

Related to Seller Indemnification Event

Indemnification Event means any event, action, proceeding or claim for which a Person is entitled to indemnification under this Agreement.
Buyer Indemnified Party has the meaning set forth in Section 8.2.
Seller Indemnified Party has the meaning set forth in Section 7.2.
Buyer Indemnified Parties has the meaning set forth in Section 8.2.
Seller Indemnified Parties has the meaning set forth in Section 8.1.
Purchaser Indemnified Party shall have the meaning set forth in Section 9.1(a).
Purchaser Indemnified Person is defined in Section 5.1 of the Sale Agreement.
Purchaser Indemnified Parties has the meaning set forth in Section 8.2.
Manager Indemnified Party has the meaning set forth in Section 8(a) hereof.
Seller Indemnified Persons has the meaning set forth in Section 8.3.
Buyer Indemnified Persons has the meaning set forth in Section 8.2.
Servicer Indemnified Party As defined in Section 8.05(c) of this Agreement.
Indemnification Period means the period of time during which Indemnitee shall continue to serve as a director or as an officer of the Corporation, and thereafter so long as Indemnitee shall be subject to any possible Proceeding arising out of acts or omissions of Indemnitee as a director or as an officer of the Corporation.
Purchaser Indemnified Persons has the meaning specified in Section 11.01(a).
Buyer Indemnitees has the meaning set forth in Section 8.02.
Seller Indemnitee has the meaning set forth in Section 9.2(b).
Company Indemnified Party has meaning set forth in Section 8(b) hereof.
Purchaser Indemnitees has the meaning set forth in Section 7.2.
Seller Indemnitees has the meaning set forth in Section 8.03.
Buyer Indemnitee has the meaning set forth in Section 8.1(b).
Parent Indemnified Parties has the meaning set forth in Section 9.2(a).
Company Indemnified Parties has the meaning specified in Section 7.8(a).
Holder Indemnified Parties has the meaning set forth in Section 7(a).
Company Indemnified Person means (a) any Administrator; (b) any Affiliate of any Administrator; (c) any officers, directors, shareholders, members, partners, employees, representatives or agents of any Administrator; or (d) any officer, employee or agent of the Trust or its Affiliates.
Investor Indemnified Party is defined in Section 4.1.
Holder Indemnified Party is defined in Section 4.1.

Seller Indemnification Event definition

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Related Definitions

Related to Seller Indemnification Event