Seller Indemnified Person definition

Seller Indemnified Person has the meaning set forth in Section 7.2(b).
Seller Indemnified Person is defined in Section 10.2.1.
Seller Indemnified Person has the meaning set forth in Section 5.3.

Examples of Seller Indemnified Person in a sentence

  • This indemnification obligation will apply notwithstanding any negligent or intentional acts, errors or omissions of Seller Indemnified Persons, but Buyer’s liability to pay Damages to a Seller Indemnified Person will be reduced in proportion to the percentage by which that Seller Indemnified Person’s negligent or intentional acts, errors or omissions caused the Damages.

  • Buyer is not required to indemnify a Seller Indemnified Person for its Damages resulting from that Seller Indemnified Person’s sole negligence, intentional acts or willful misconduct.

  • In the event that Buyer seeks indemnification on behalf of a Buyer Indemnified Person, or Sellers seek indemnification on behalf of a Seller Indemnified Person, such Party seeking indemnification (the "Indemnified Party") shall give written notice to the Indemnifying Party specifying the facts constituting the basis for such claim and the amount, to the extent known, of the claim asserted.

  • The rights of each Buyer Indemnified Person and Seller Indemnified Person under this Section 10 are cumulative, and each Buyer Indemnified Person and Seller Indemnified Person, as the case may be, will have the right in any particular circumstance, in its sole discretion, to enforce any provision of this Section 10 without regard to the availability of a remedy under any other provision of this Section 10.

  • The right of any Buyer Indemnified Person or Seller Indemnified Person to indemnification pursuant to this ARTICLE VII will not be affected by any investigation conducted or knowledge acquired (or capable of being acquired) at any time, whether before or after the execution and delivery of this Agreement or the Closing, with respect to the accuracy of any representation or warranty, or performance of or compliance with any covenant or agreement, referred to in Section 7.01 and Section 7.02.


More Definitions of Seller Indemnified Person

Seller Indemnified Person shall have the meaning set forth in Section 2.05(a).
Seller Indemnified Person is defined in Section 8.3.
Seller Indemnified Person and “Seller Indemnified Persons” have the respective meaning set forth in Section 7.3.
Seller Indemnified Person shall have the meaning ascribed to such term in Section 7(b) hereof.
Seller Indemnified Person has the meaning specified in Section 10.02 of this Agreement.
Seller Indemnified Person is defined in Section 6.2.1.
Seller Indemnified Person is defined in Section 7.2(a) of this Agreement.