Examples of Buyer Indemnitee in a sentence
Unemployment RatesIn 2008, the unemployment rate for Anson County was 7.0%, as compared to 4.6% of the State’s rate.
The Buyer Indemnitee shall duly notify Seller of any such claim, suit, or action, and Seller shall, at its own expense, fully defend such claim, suit, or action on behalf of the Buyer Indemnitees.
No Buyer Indemnitee shall have any liability with respect to any compromise or settlement of such claims effected without its prior written consent.
Any indemnification for Losses shall be made promptly upon request therefor by a Buyer Indemnitee.
In the case of Taxes imposed on any Transferred Entity or any other Buyer Indemnitee as a result of income of any Flow-Thru Entity realized on or prior to the Closing Date (such income being computed assuming the Flow-Thru Entity had a year that ends on the Closing Date and closed its books as of the Closing), such Taxes shall be treated as Taxes of the Transferred Entities for a Pre-Closing Tax Period.