Examples of Company Indemnified Claim in a sentence
The foregoing sentence will not preclude recovery of amounts claimed in a Company Indemnified Claim to the extent that claims for such amounts are subject to indemnification under this Agreement.
The obligations of the parties provided for under Sections 6.2(a) and 6.2(b) above in respect of any Company Indemnified Claims or PalmSource Indemnified Claims shall be performed in accordance with Section 8.3 of the Purchase Agreement; provided, however, that as used in Section 8.3 of the Purchase Agreement the term “Third Party Claim” shall mean a Company Indemnified Claim or PalmSource Indemnified Claim, as applicable.
This section sets forth Customer’s sole and exclusive remedy and Company’s entire liability for any Company Indemnified Claim.
Company’s obligations hereunder only apply if Customer (a) promptly notifies Company of the Company Indemnified Claim in writing; (2) allows Company sole control over the defence of the claim and any settlement negotiations; and (3) reasonably cooperate in response to Company’s requests for assistance.
The Company’s indemnity obligations under this section for any Company Indemnified Claim shall not exceed the lesser of: (i) the actual aggregate amount of any Losses for a Company Indemnified Claim or (ii) the aggregate amount of all commissions paid by the Company to Distributor in connection with the Distributor Initiated Customer giving rise to such Company Indemnified Claim over the 12-month period immediately preceding the date on which Distributor receives notice of such Company Indemnified Claim.
Company will control the defense of any Company Indemnified Claim, including appeals, negotiations, and any settlement or compromise thereof; provided Consultant will have the right, not to be exercised unreasonably, to reject any settlement or compromise that requires that he/she admit wrongdoing or liability or subjects him/her to any ongoing affirmative obligations.
For the avoidance of doubt, the foregoing sentence will not preclude recovery of amounts claimed in a Company Indemnified Claim to the extent that claims for such amounts are subject to indemnification under this Agreement.