Common use of Indemnification by Purchasers Clause in Contracts

Indemnification by Purchasers. Each Purchaser agrees, severally and not jointly, to indemnify the Partnership, the General Partner and their respective Representatives (collectively, “Partnership Related Parties”) from, and hold each of them harmless against, any and all losses, actions, suits, proceedings (including any investigations, litigation, or inquiries), demands and causes of action and, in connection therewith, and promptly upon demand, pay and reimburse each of them for all costs, losses, liabilities, damages, or expenses of any kind or nature whatsoever, including, without limitation, the reasonable fees and disbursements of counsel and all other reasonable expenses incurred in connection with investigating, defending or preparing to defend any such matter that may be incurred by them or asserted against or involve any of them as a result of, arising out of, or in any way related to the breach of any of the representations, warranties or covenants of such Purchaser contained herein; provided that such claim for indemnification relating to a breach of a representation or warranty is made prior to the expiration of such representation or warranty; and provided further, that no Partnership Related Party shall be entitled to recover special, consequential (including lost profits) or punitive damages.

Appears in 4 contracts

Samples: Unit Purchase Agreement (Enterprise GP Holdings L.P.), Securities Purchase Agreement (El Paso Pipeline Partners, L.P.), Unit Purchase Agreement (Legacy Reserves Lp)

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Indemnification by Purchasers. Each Purchaser agrees, severally and not jointly, to indemnify the PartnershipBreitBurn, the General Partner Partner, and their respective Representatives (collectively, “Partnership BreitBurn Related Parties”) from, and hold each of them harmless against, any and all losses, actions, suits, proceedings (including any investigations, litigation, litigation or inquiries), demands and causes of action action, and, in connection therewith, and promptly upon demand, pay and or reimburse each of them for all reasonable costs, losses, liabilities, damages, damages or expenses of any kind or nature whatsoever, including, without limitation, the reasonable fees and disbursements of counsel and all other reasonable expenses incurred in connection with investigating, defending or preparing to defend any such matter that may be incurred by them or asserted against or involve any of them as a result of, arising out of, of or in any way related to the breach of any of the representations, warranties or covenants of such Purchaser contained herein; provided that such claim for indemnification relating to a breach of a any representation or warranty is made prior to the expiration of such representation or warranty; and provided further, that no Partnership BreitBurn Related Party shall be entitled to recover special, consequential (including lost profits) or punitive damages. Notwithstanding anything to the contrary, consequential damages shall not be deemed to include diminution in value, which is specifically included in damages covered by BreitBurn Related Parties indemnification.

Appears in 3 contracts

Samples: Unit Purchase Agreement (BreitBurn Energy Partners L.P.), Unit Purchase Agreement (BreitBurn Energy Partners L.P.), Unit Purchase Agreement (BreitBurn Energy Partners L.P.)

Indemnification by Purchasers. Each Purchaser agrees, severally and not jointly, to indemnify the Partnership, the General Partner and their respective Representatives (collectively, “Partnership Related Parties”) from, and hold each of them harmless against, any and all losses, actions, suits, proceedings (including any investigations, litigation, litigation or inquiries), demands demands, and causes of action action, and, in connection therewith, and promptly upon demand, pay and or reimburse each of them for all costs, losses, liabilities, damages, or expenses of any kind or nature whatsoever, including, without limitation, the reasonable fees and disbursements of counsel and all other reasonable expenses incurred in connection with investigating, defending or preparing to defend any such matter that may be incurred by them or asserted against or involve any of them as a result of, arising out of, or in any way related to the breach of any of the representations, warranties or covenants of such Purchaser contained herein; , provided that such claim for indemnification relating to a breach of a representation or warranty the representations and warranties is made prior to the expiration of such representation or warrantyrepresentations and warranties; and provided further, that no Partnership Related Party shall be entitled to recover special, indirect, incidental, consequential (including lost profitsprofits or diminution in value) or punitive damages; and provided further, that in no event shall the liability of any Purchaser exceed the amount of such Purchaser’s Purchase Price.

Appears in 3 contracts

Samples: Series D Preferred Unit and Warrant (Teekay Offshore Partners L.P.), Series C Preferred Unit Purchase Agreement, Series C Preferred Unit Purchase Agreement (Teekay Offshore Partners L.P.)

Indemnification by Purchasers. Each Purchaser agrees, severally and not jointly, to indemnify the Partnership, the General Partner and their respective Representatives (collectively, “Partnership Related Parties”) from, and hold each of them harmless against, any and all losses, actions, suits, proceedings (including any investigations, litigation, litigation or inquiries), demands demands, and causes of action action, and, in connection therewith, and promptly upon demand, pay and or reimburse each of them for all costs, losses, liabilities, damages, or expenses of any kind or nature whatsoever, including, without limitation, the reasonable fees and disbursements of counsel and all other reasonable expenses incurred in connection with investigating, defending or preparing to defend any such matter that may be incurred by them or asserted against or involve any of them as a result of, arising out of, or in any way related to the breach of any of the representations, warranties or covenants of such Purchaser contained herein; , provided that such claim for indemnification relating to a breach of a representation or warranty the representations and warranties is made prior to the expiration of such representation or warrantyrepresentations and warranties; and provided further, that no Partnership Related Party shall be entitled to recover special, indirect, incidental, consequential (including lost profitsprofits or diminution in value) or punitive damages.

Appears in 3 contracts

Samples: Common Unit Purchase Agreement (Teekay Offshore Partners L.P.), Common Unit Purchase Agreement, Common Unit Purchase Agreement (Teekay Offshore Partners L.P.)

Indemnification by Purchasers. Each Purchaser agrees, severally and not jointly, to indemnify the Partnership, the General Partner Enterprise Parties and their respective Representatives officers, directors, managers, general partners, employees and agents (collectively, “Partnership Enterprise Related Parties”) from, and hold each of them harmless against, any and all losses, actions, suits, proceedings (including any investigations, litigation, litigation or inquiries), demands demands, and causes of action action, and, in connection therewith, and promptly upon demand, pay and or reimburse each of them for all costs, losses, liabilities, damages, or expenses of any kind or nature whatsoever, including, without limitation, the reasonable fees and disbursements of counsel and all other reasonable expenses incurred in connection with investigating, defending or preparing to defend any such matter that may be incurred by them or asserted against or involve any of them as a result of, arising out of, or in any way related to the breach of any of the representations, warranties or covenants of such Purchaser contained herein; , provided that such claim for indemnification relating to a breach of a representation or warranty the representations and warranties is made prior to the expiration of such representation or warrantyrepresentations and warranties; and provided further, that no Partnership Enterprise Related Party shall be entitled to recover special, consequential (including lost profitsprofits or diminution in value) or punitive damages.

Appears in 3 contracts

Samples: Ete Common Unit Purchase Agreement (Enterprise Products Partners L P), Ete Common Unit Purchase Agreement (Williams Randa Duncan), Ete Common Unit Purchase Agreement (Williams Randa Duncan)

Indemnification by Purchasers. Each Purchaser agrees, severally and not jointly, to indemnify the Partnership, the General Partner Partnership and their respective its Representatives (collectively, “Partnership Related Parties”) from, and hold each of them harmless against, any and all losses, actions, suits, proceedings (including any investigations, litigation, or inquiries), demands and causes of action and, in connection therewith, and promptly upon demand, pay and reimburse each of them for all costs, losses, liabilities, damages, or expenses of any kind or nature whatsoever, including, without limitation, the reasonable fees and disbursements of counsel and all other reasonable expenses incurred in connection with investigating, defending or preparing to defend any such matter that may be incurred by them or asserted against or involve any of them as a result of, arising out of, or in any way related to the breach of any of the representations, warranties or covenants of such Purchaser contained herein; provided provided, that such claim for indemnification relating to a breach of a representation or warranty is made prior to the expiration of such representation or warranty; and provided further, that no Partnership Related Party shall be entitled to recover special, consequential (including lost profits) or punitive damages. Notwithstanding anything to the contrary, consequential damages shall not be deemed to include diminution in value of the Purchased Units, which shall be specifically indemnifiable under this provision.

Appears in 3 contracts

Samples: Common Unit Purchase Agreement (DCP Midstream Partners, LP), Common Unit Purchase Agreement (Universal Compression Partners, L.P.), Common Unit Purchase Agreement (DCP Midstream Partners, LP)

Indemnification by Purchasers. Each Purchaser agrees, severally and not jointly, to indemnify the Partnership, the General Partner and their respective Representatives (collectively, “Partnership Related Parties”) from, and hold each of them harmless against, any and all losses, actions, suits, proceedings (including any investigations, litigation, litigation or inquiries), demands demands, and causes of action action, and, in connection therewith, and promptly upon demand, pay and or reimburse each of them for all costs, losses, liabilities, damages, or expenses of any kind or nature whatsoever, including, without limitation, the reasonable fees and disbursements of counsel and all other reasonable expenses incurred in connection with investigating, defending or preparing to defend any such matter that may be incurred by them or asserted against or involve any of them as a result of, arising out of, or in any way related to the breach of any of the representations, warranties or covenants of such Purchaser contained herein; , provided that such claim for indemnification relating to a breach of a representation or warranty the representations and warranties is made prior to the expiration of such representation or warrantyrepresentations and warranties; and provided further, that no Partnership Related Party shall be entitled to recover special, consequential (including lost profits) or punitive damages.

Appears in 3 contracts

Samples: Common Unit Purchase Agreement, Common Unit Purchase Agreement (Inergy L P), Common Unit Purchase Agreement (Penn Virginia Resource Partners L P)

Indemnification by Purchasers. Each Purchaser agrees, severally and not jointly, to indemnify the Partnership, the General Partner and their respective Representatives (collectively, “Partnership Related Parties”) from, and hold each of them harmless against, any and all losses, actions, suits, proceedings (including any investigations, litigation, or inquiries), demands and causes of action and, in connection therewith, and promptly upon demand, pay and or reimburse each of them for all costs, losses, liabilities, damages, or expenses of any kind or nature whatsoever, including, without limitation, the reasonable fees and disbursements of counsel and all other reasonable expenses incurred in connection with investigating, defending or preparing to defend any such matter that may be incurred by them or asserted against or involve any of them as a result of, arising out of, or in any way related to the breach of any of the representations, warranties or covenants of such Purchaser contained herein; provided provided, that such claim for indemnification relating to a breach of a representation or warranty is made prior to the expiration of such representation or warranty; and provided further, that no Partnership Related Party shall be entitled to recover special, consequential (including lost profits) or punitive damages.

Appears in 2 contracts

Samples: Common Unit Purchase Agreement, Common Unit Purchase Agreement (Rose Rock Midstream, L.P.)

Indemnification by Purchasers. Each Purchaser agrees, severally and not jointly, to indemnify the PartnershipBuckeye, the General Partner and their respective Representatives (collectively, “Partnership Buckeye Related Parties”) from, and hold each of them harmless against, any and all losses, actions, suits, proceedings (including any investigations, litigation, litigation or inquiries), demands demands, and causes of action action, and, in connection therewith, and promptly upon demand, pay and or reimburse each of them for all costs, losses, liabilities, damages, or expenses of any kind or nature whatsoever, including, without limitation, the reasonable fees and disbursements of counsel and all other reasonable expenses incurred in connection with investigating, defending or preparing to defend any such matter that may be incurred by them or asserted against or involve any of them as a result of, arising out of, or in any way related to the breach of any of the representations, warranties or covenants of such Purchaser contained herein; , provided that such claim for indemnification relating to a breach of a representation or warranty the representations and warranties is made prior to the expiration of such representation or warrantyrepresentations and warranties; and provided further, that no Partnership Buckeye Related Party shall be entitled to recover special, consequential (including lost profitsprofits or diminution in value) or punitive damages.

Appears in 2 contracts

Samples: Class B Unit Purchase Agreement (Buckeye Partners, L.P.), Lp Unit Purchase Agreement (Buckeye Partners, L.P.)

Indemnification by Purchasers. Each Purchaser agrees, severally and not jointly, to indemnify the Partnership, the General Partner and their respective Representatives (collectively, “Partnership Related Parties”) from, and hold each of them harmless against, any and all losses, actions, suits, proceedings (including any investigations, litigation, litigation or inquiries), demands demands, and causes of action action, and, in connection therewith, and promptly upon demand, pay and or reimburse each of them for all costs, losses, liabilities, damages, or expenses of any kind or nature whatsoever, including, without limitation, the reasonable fees and disbursements of counsel and all other reasonable expenses incurred in connection with investigating, defending or preparing to defend any such matter that may be incurred by them or asserted against or involve any of them as a result of, arising out of, or in any way related to the breach of any of the representations, warranties or covenants of such Purchaser contained herein; , provided that such claim for indemnification relating to a breach of a representation or warranty the representations and warranties is made prior to the expiration of such representation or warrantyrepresentations and warranties; and provided provided, further, that no Partnership Related Party Parties shall be entitled to recover special, consequential (including lost profitsprofits or diminution in value) or punitive damages.

Appears in 2 contracts

Samples: Common Unit Purchase Agreement (Sunoco LP), Common Unit Purchase Agreement

Indemnification by Purchasers. Each Purchaser agrees, severally and not jointly, to indemnify the PartnershipPBFX, the General Partner and their respective Representatives (collectively, “Partnership PBFX Related Parties”) from, and hold each of them harmless against, any and all losses, actions, suits, proceedings (including any investigations, litigation, litigation or inquiries), demands demands, and causes of action action, and, in connection therewith, and promptly upon demand, pay and or reimburse each of them for all reasonable costs, losses, liabilities, damages, or expenses of any kind or nature whatsoever, including, without limitation, the reasonable fees and disbursements of counsel and all other reasonable expenses incurred in connection with investigating, defending or preparing to defend any such matter that may be incurred by them or asserted against or involve any of them as a result of, arising out of, or in any way related to the breach of any of the representations, warranties or covenants of such Purchaser contained herein; , provided that such claim for indemnification relating to a breach of a any representation or warranty is made prior to the expiration of such representation or warranty; and provided further, provided, however, that no Partnership Related Party the liability of each Purchaser shall not be entitled to recover special, consequential (including lost profits) or punitive damagesgreater in amount than such Purchaser’s Allocated Purchase Price.

Appears in 1 contract

Samples: Common Unit Purchase Agreement (PBF Logistics LP)

Indemnification by Purchasers. Each Purchaser agrees, severally and not jointly, to indemnify the Partnership, the General Partner and their respective Representatives (collectively, “Partnership Related Parties”) from, and hold each of them harmless against, any and all losses, actions, suits, proceedings (including any investigations, litigation, or inquiries), demands and causes of action and, in connection therewith, and promptly upon demand, pay and or reimburse each of them for all costs, losses, liabilities, damages, or expenses of any kind or nature whatsoever, including, without limitation, the reasonable fees and disbursements of counsel and all other reasonable expenses incurred in connection with investigating, defending or preparing to defend any such matter that may be incurred by them or asserted against or involve any of them as a result of, arising out of, or in any way related to the breach of any of the representations, warranties or covenants of such Purchaser contained herein; provided provided, that such claim for indemnification relating to a breach of a representation or warranty is made prior to the expiration of such representation or warranty; and provided further, that no Partnership Related Party shall be entitled to recover special, consequential (including lost profits) or punitive damages. Notwithstanding anything to the contrary, consequential damages shall not be deemed to include diminution in value of the Purchased Units, which shall be specifically indemnifiable under this provision.

Appears in 1 contract

Samples: Common Unit Purchase Agreement (DCP Midstream Partners, LP)

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Indemnification by Purchasers. Each Purchaser agrees, severally and not jointly, to indemnify the Partnership, the General Partner and their respective Representatives (collectively, “Partnership Related Parties”) from, and hold each of them harmless against, any and all losses, actions, suits, proceedings (including any investigations, litigation, or inquiries), demands and causes of action and, in connection therewith, and promptly upon demand, pay and reimburse each of them for all costs, losses, liabilities, damages, or expenses of any kind or nature whatsoever, including, without limitation, including the reasonable fees and disbursements of counsel and all other reasonable expenses incurred in connection with investigating, defending or preparing to defend any such matter that may be incurred by them or asserted against or involve any of them as a result of, arising out of, or in any way related to the breach of any of the representations, warranties or covenants of such Purchaser contained herein; provided that such claim for indemnification relating to a breach of a representation or warranty is made prior to the expiration of such representation or warranty; and provided further, that no Partnership Related Party shall be entitled to recover special, consequential (including lost profits) or punitive damages.

Appears in 1 contract

Samples: Unit Purchase Agreement (Rio Vista Energy Partners Lp)

Indemnification by Purchasers. Each Purchaser agrees, severally and not jointly, to indemnify the Partnership, the General Partner and their respective Representatives (collectively, “Partnership Related Parties”) from, and hold each of them harmless against, any and all losses, actions, suits, proceedings (including any investigations, litigation, litigation or inquiries), demands demands, and causes of action action, and, in connection therewith, and promptly upon demand, pay and or reimburse each of them for all costs, losses, liabilities, damages, or expenses of any kind or nature whatsoever, including, without limitation, the reasonable fees and disbursements of counsel and all other reasonable expenses incurred in connection with investigating, defending or preparing to defend any such matter that may be incurred by them or asserted against or involve any of them as a result of, arising out of, or in any way related to the breach of any of the representations, warranties or covenants of such Purchaser contained herein; , provided that such claim for indemnification relating to a breach of a representation or warranty the representations and warranties is made prior to the expiration of such representation or warrantyrepresentations and warranties; and provided provided, further, that no none of the Partnership Related Party Parties shall be entitled to recover special, consequential (including lost profitsprofits or diminution in value) or punitive damages.

Appears in 1 contract

Samples: Common Unit Purchase Agreement (Energy Transfer Equity, L.P.)

Indemnification by Purchasers. Each Purchaser agrees, severally and not jointly, to indemnify the Partnership, the General Partner and their respective Representatives (collectively, “Partnership Related Parties”) from, and hold each of them harmless against, any and all losses, actions, suits, proceedings (including any investigations, litigation, litigation or inquiries), demands demands, and causes of action action, and, in connection therewith, and promptly upon demand, pay and or reimburse each of them for all costs, losses, liabilities, damages, or expenses of any kind or nature whatsoever, including, without limitation, the reasonable fees and disbursements of counsel and all other reasonable expenses incurred in connection with investigating, defending or preparing to defend any such matter that may be incurred by them or asserted against or involve any of them as a result of, arising out of, or in any way related to the breach of any of the representations, warranties or covenants of such Purchaser contained herein; , provided that such claim for indemnification relating to a breach of a representation or warranty the representations and warranties is made prior to the expiration of such representation or warranty; representations and provided warranties; and provided, further, that no none of the Partnership Related Party Parties shall be entitled to recover special, consequential (including lost profitsprofits or diminution in value) or punitive damages.

Appears in 1 contract

Samples: Common Unit Purchase Agreement

Indemnification by Purchasers. Each Purchaser agrees, severally and not jointly, to indemnify the Partnership, the General Partner U.S. Shipping and their respective its Representatives (collectively, “Partnership U.S. Shipping Related Parties”) from, and hold each of them harmless against, any and all losses, actions, suits, proceedings (including any investigations, litigation, or inquiries), demands and causes of action and, in connection therewith, and promptly upon demand, pay and reimburse each of them for all costs, losses, liabilities, damages, or expenses of any kind or nature whatsoever, including, without limitation, the reasonable fees and disbursements of counsel and all other reasonable expenses incurred in connection with investigating, defending or preparing to defend any such matter that may be incurred by them or asserted against or involve any of them as a result of, arising out of, or in any way related to the breach of any of the representations, warranties or covenants of such Purchaser contained herein; provided that such claim for indemnification relating to a breach of a representation or warranty is made prior to the expiration of such representation or warranty; and provided further, that no Partnership U.S. Shipping Related Party shall be entitled to recover special,, consequential (including lost profitsprofits or diminution in value) or punitive damages.

Appears in 1 contract

Samples: Unit Purchase Agreement (U.S. Shipping Partners L.P.)

Indemnification by Purchasers. Each From and after the Closing, each Purchaser agrees, severally and not jointly, to indemnify the Partnership, the General Partner Seller and their respective its Representatives (collectively, “Partnership Seller Related Parties”) from, and hold each of them harmless against, any and all losses, actions, suits, proceedings (including any investigations, litigation, litigation or inquiries), demands demands, and causes of action action, and, in connection therewith, and promptly upon demand, pay and or reimburse each of them for all costs, losses, liabilities, damages, or expenses of any kind or nature whatsoever, including, without limitation, the reasonable fees and disbursements of counsel and all other reasonable expenses incurred in connection with investigating, defending or preparing to defend any such matter that may be incurred by them or asserted against or involve any of them as a result of, arising out of, or in any way related to the breach of any of the representations, warranties or covenants of such Purchaser contained herein; , provided that such claim for indemnification relating to a breach of a representation or warranty the representations and warranties is made prior to the expiration of the survival period for such representation or warrantyrepresentations and warranties; and provided further, that no Partnership Related Party Seller shall not be entitled to recover special, consequential (including lost profits) or punitive damages.

Appears in 1 contract

Samples: Common Unit Purchase Agreement (Crestwood Equity Partners LP)

Indemnification by Purchasers. Each Purchaser agrees, severally and not jointly, to indemnify the Partnership, the General Partner and their respective Representatives (collectively, “Partnership Related Parties”) from, and hold each of them harmless against, any and all losses, actions, suits, proceedings (including any investigations, litigation, or inquiries), demands and causes of action and, in connection therewith, and promptly upon demand, pay and or reimburse each of them for all costs, losses, liabilities, damages, or expenses of any kind or nature whatsoever, including, without limitation, the reasonable fees and disbursements of counsel and all other reasonable expenses incurred in connection with investigating, defending or preparing to defend any such matter that may be incurred by them or asserted against or involve any of them as a result of, arising out of, or in any way related to the breach of any of the representations, warranties or covenants of such Purchaser contained herein; provided provided, that such claim for indemnification relating to a breach of a representation or warranty is made prior to the expiration of such representation or warranty; and provided further, that no Partnership Related Party shall be entitled to recover special, consequential (including lost profits) or punitive damages; and provided further, that absent fraud, bad faith, gross negligence or willful misconduct on the part of a Purchaser, in no event will such Purchaser be liable for any amount in excess of its Allocated Purchase Amount.

Appears in 1 contract

Samples: Common Unit Purchase Agreement (American Midstream Partners, LP)

Indemnification by Purchasers. Each Purchaser agrees, severally and not jointly, to indemnify the Partnership, the General Partner and their respective Representatives (collectively, “Partnership Related Parties”) from, and hold each of them harmless against, any and all losses, actions, suits, proceedings (including any investigations, litigation, litigation or inquiries), demands demands, and causes of action action, and, in connection therewith, and promptly upon demand, pay and or reimburse each of them for all costs, losses, liabilities, damages, or expenses of any kind or nature whatsoever, including, without limitation, the reasonable fees and disbursements of counsel and all other reasonable expenses incurred in connection with investigating, defending or preparing to defend any such matter that may be incurred by them or asserted against or involve any of them as a result of, arising out of, or in any way related to the breach of any of the representations, warranties or covenants of such Purchaser contained herein; , provided that such claim for indemnification relating to a breach of a representation or warranty the representations and warranties is made prior to the expiration of such representation or warrantyrepresentations and warranties; and provided further, that no Partnership Related Party shall be entitled to recover special, consequential (including lost profits) or punitive damagesdamages under this Section 6.2.

Appears in 1 contract

Samples: Common Unit Purchase Agreement (Natural Resource Partners Lp)

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