Sellers Indemnified Person definition

Sellers Indemnified Person shall have the meaning ascribed thereto in Section 7.2(b).
Sellers Indemnified Person means any Affiliate of Sellers or any of their respective directors, officers, employees, agents or stockholders who shall be an Indemnified Person under Article X. “Sellers’ knowledge”, or any similar expression with regard to the knowledge or awareness of or receipt of notice by Sellers, shall mean the actual, direct and personal knowledge, after due inquiry, of any of the Persons listed in Schedule 1.1B; provided, however, that Purchaser acknowledges that Sellers and the Persons listed in Schedule 1.1B have not consulted with, or reviewed the books and records of, BellSouth International, Inc., any of the other Sellers or any Acquired Company and, accordingly, due inquiry does not include making any inquiries of BellSouth International, Inc., any of the other Sellers or any Acquired Company; provided, further, that, with respect to any such Person, such knowledge shall include knowledge that is inherent to the position and responsibility of such Person.
Sellers Indemnified Person has the meaning set forth in Section 9.03(a).

Examples of Sellers Indemnified Person in a sentence

  • If any Sellers Indemnified Person wishes to make a Claim for indemnification by Buyer hereunder, Sellers shall notify Buyer of the matter that such Sellers Indemnified Person has determined has given rise to a right of indemnification under this Agreement stating the amount of Losses, if known, and the method of computation thereof, and containing a reference to the provisions of this Agreement in respect of which such right of indemnification is claimed or arises.

  • Neither an Indemnified Person nor an Indemnifying Person shall be entitled to settle or compromise any such claim, action, suit or proceeding without the prior written consent of the other party hereto (and for purposes of this provision the "other party hereto" shall be: (i) Purchaser, for any Indemnified Person or Indemnifying Person who is a Seller's Indemnified Person, and (ii) Seller, for Purchaser, which consent shall not be unreasonably withheld.

  • In the event that Buyer seeks indemnification on behalf of a Buyer Indemnified Person, or Sellers seeks indemnification on behalf of a Sellers 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.

  • This work made it possible to block the land component of the initial version of the agricultural framework law proposed by the State, which allowed for two different legal statuses: the granting of land titles to commercial companies, and the preservation of the status quo with simple revocable usage rights (allocation rights) for smallholder farms.

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

  • In the event that Buyer seeks indemnification on behalf of a Buyer Indemnified Person, or any of Sellers seeks indemnification on behalf of a Sellers 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.

  • As a condition to asserting any rights under this Article VI, each Purchaser's Indemnified Person must appoint Purchaser, and each Seller's Indemnified Person must appoint Xxx Xxxxxx, as its sole agent for all matters relating to any claim hereunder.

  • In the event that Buyer seeks indemnification on behalf of a Buyer Indemnified Person, or any of Sellers seeks indemnification on behalf of a Sellers 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.

  • In total, twenty‐two Aboriginally governed agencies participated in the CIS‐2008.

  • The rights of each Buyers Indemnified Person and Sellers Indemnified Person under this Section 7 are cumulative, and each Buyers Indemnified Person and Sellers 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 7 without regard to the availability of a remedy under any other provision of this Section 7.


More Definitions of Sellers Indemnified Person

Sellers Indemnified Person has the meaning specified in Section 12.04 of this Agreement.
Sellers Indemnified Person means any Affiliate of Sellers or any of their respective directors, officers, employees, agents or stockholders who shall be an Indemnified Person under Article X. "SELLERS' KNOWLEDGE", or any similar expression with regard to the knowledge or awareness of or receipt of notice by Sellers, shall mean the actual, direct and personal knowledge, after due inquiry, of any of the Persons listed in SCHEDULE 1.1B; PROVIDED, HOWEVER, that Purchaser acknowledges that Sellers and the Persons listed in SCHEDULE 1.1B have not consulted with, or reviewed the books and records of, BellSouth International, Inc., any of the other Sellers or any Acquired Company and, accordingly, due inquiry does not include making any inquiries of BellSouth International, Inc., any of the other Sellers or any Acquired Company; PROVIDED, FURTHER, that, with respect to any such Person, such knowledge shall include knowledge that is inherent to the position and responsibility of such Person.
Sellers Indemnified Person shall have the meaning specified in Section 11.3.
Sellers Indemnified Person has the meaning attributed to said term in Section 8.01(b) of this Contract.

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