Examples of Indemnified Buyer Party in a sentence
Any claim by a Indemnified Buyer Party for indemnification shall not be adversely affected by any investigation by or opportunity to investigate afforded to the Buyer.
From and after the Closing Date, each Stockholder shall indemnify and hold harmless each Indemnified Buyer Party from and against any Damages that such Indemnified Buyer Party may sustain, suffer or incur and that result from, arise out of or relate to any breach of any of such Stockholder’s representations and warranties in Section 5.
Subsequently, this Project is expected to reduce the anthropogenic emission of greenhouse gases (GHGs), particularly carbon dioxide (CO2) which is one of the major causes of man-induced global warming.The scope of this study covers a quantitative assessment of the GHG emissions from the Project using available information and assumptions, and a comparison of emissions from the Project to Lao energy sector’s GHG emission portfolio.
Notwithstanding anything contained in this Agreement to the contrary, except as specifically provided in this Section 10.8, the obligation of each Stockholder with respect to the payment of any amount to any Indemnified Buyer Party for any matter subject to this Section 10 shall be several in proportion to such Stockholder’s respective Indemnification Share and not joint.
From and after the Closing Date, the Buyer shall indemnify the Sellers and their Affiliates (each, a “Tax Indemnified Seller Party” and collectively, the “Tax Indemnified Seller Parties”) against and hold harmless from any and all Tax Losses arising out of Taxes of the Company or the Subsidiaries other than amounts for which a Tax Indemnified Buyer Party is indemnified by the Sellers under Section 11.2.
In the event that an Indemnified Buyer Party or an Indemnified Seller Party seeks indemnification (the "Indemnitee") from the other party or parties to this Agreement (the "Indemnitor"), the Indemnitee shall promptly notify the Indemnitor in writing of such claim or demand, specifying the nature of such claim or demand and the amount or the estimated amount thereof to the extent then feasible, which estimate shall not be conclusive of the final amount of such claim or demand (the "Claim Notice").
No Indemnified Buyer Party may make a claim for indemnification pursuant to Section 9.2(a), or for breach of any covenant, warranty or representation under this Agreement, unless and until Damages in an aggregate amount greater than One Hundred Thousand Dollars ($100,000.00) (the “Basket”) have been incurred, paid or accrued, in which case the Indemnified Buyer Party may make claims for indemnification for or recovery of all Damages, including those included in the Basket.
The period during which claims of an Indemnified Buyer Party for indemnification pursuant to this Agreement may be initiated (the “Claims Period”), shall commence at the Closing and terminate on the Release Date.
The commissioner may anticipate that a property owner or lessee will refuse entry if the property owner, lessee, property owner's representative, or lessee's representative has refused to permit entry on a prior occasion or has informed the commissioner that entry will be refused.
The Acquisition is currently expected to complete during July 2021.