Common use of Indemnification of Third Party Claims Clause in Contracts

Indemnification of Third Party Claims. The indemnification obligations and liabilities under this Section 1 with respect to Actions brought against a Secure Indemnified Party or a Company Indemnified Party (each in such capacity, an “ Indemnitee ”) by a Person other than a Party hereto (a “ Third Party Claim ”) shall be subject to the following terms and conditions (for purposes of this Agreement, the “ Indemnified Representative ” means Secure, with respect to an indemnification claim by a Secure Indemnified Party, and the Member Representative, with respect to an indemnification claim by a Company Indemnified Party, and the “ Indemnifying Representative ” means the Member Representative, with respect to an indemnification claim by a Secure Indemnified Party, and Secure, with respect to an indemnification claim by a Company Indemnified Party):

Appears in 1 contract

Samples: Indemnification and Escrow Agreement (Secure America Acquisition CORP)

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Indemnification of Third Party Claims. The indemnification obligations and liabilities under this Section 1 Article VII with respect to Actions actions, proceedings, lawsuits, investigations, demands or other claims brought against a Secure Indemnified Party or a Company Indemnified Party (each in such capacity, an Indemnitee ”) by a Person other than a Party hereto the NSAQ, SDI or Stockholder (a Third Party Claim Claim”) shall be subject to the following terms and conditions (for purposes of this Agreement, the “ Indemnified Representative Representative” means SecureNSAQ, acting through the Committee, with respect to an indemnification claim by a Secure Indemnified Partyan NSAQ Indemnitee, and the Member RepresentativeStockholder, with respect to an indemnification claim by a Company Indemnified Partyan SDI Indemnitee, and the “ Indemnifying Representative Representative” means the Member RepresentativeStockholder, with respect to an indemnification claim by a Secure Indemnified Partyan NSAQ Indemnitee, and SecureNSAQ, acting through the Committee, with respect to an indemnification claim by a Company Indemnified Party):an SDI Indemnitee:

Appears in 1 contract

Samples: Securities Purchase and Exchange Agreement (North Shore Acquisition Corp.)

Indemnification of Third Party Claims. The indemnification obligations and liabilities under this Section 1 Article VII with respect to Actions actions, proceedings, lawsuits, investigations, demands or other claims brought against a Secure Indemnified Party or a Company Indemnified Party (each in such capacity, an Indemnitee ”) by a Person other than the Parent, the Company or a Party hereto Stockholder (a Third Party Claim Claim”) shall be subject to the following terms and conditions (for purposes of this Agreement, the “ Indemnified Representative Representative” means SecureParent, acting through the Committee, with respect to an indemnification claim by a Secure Indemnified PartyParent Indemnitee, and the Member Representative, with respect to an indemnification claim by a Company Indemnified PartyIndemnitee, and the “ Indemnifying Representative Representative” means the Member Representative, with respect to an indemnification claim by a Secure Indemnified PartyParent Indemnitee, and SecureParent, acting through the Committee, with respect to an indemnification claim by a Company Indemnified Party):Indemnitee:

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Victory Acquisition Corp)

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Indemnification of Third Party Claims. The indemnification obligations and liabilities under this Section 1 5.3 with respect to Actions brought against a Secure Parent Indemnified Party or a Company Indemnified Party (each in such capacity, an “ Indemnitee “Indemnitee”) by a Person other than a Party hereto (a Third Party Claim Claim”) shall be subject to the following terms and conditions (for purposes of this Agreement, the Indemnified Representative Representative” means SecureParent, with respect to an indemnification claim by a Secure Parent Indemnified Party, and the Member Representative, with respect to an indemnification claim by a Company Indemnified Party, and the Indemnifying Representative Representative” means the Member Representative, with respect to an indemnification claim by a Secure Parent Indemnified Party, and SecureParent, with respect to an indemnification claim by a Company Indemnified Party):

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Alternative Asset Management Acquisition Corp.)

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