Examples of Indemnified Seller Parties in a sentence
Any claim for indemnity under this Section 16.2 or this Agreement by any current or former Indemnified Purchaser Parties or the Indemnified Seller Parties must be brought and administered by the applicable Party to this Agreement.
Subject to Article 16, Purchaser hereby waives, for itself and its successors and assigns, any other Claims, Losses, or rights against any of the Indemnified Seller Parties relating to any Environmental Matters, whether arising under Environmental Laws, any other Laws (whether in contract, tort, equity, or otherwise), or any other legal theory.
Purchaser shall be responsible for and shall indemnify, defend and reimburse the Indemnified Seller Parties for all out-of-pocket costs and expenses (including fees of any independent auditor) incurred by Seller in providing access to the records, personnel, and accounting firm and complying with the provisions of this Section 10.20, and shall reimburse Seller these amounts within thirty (30) days after receiving an invoice therefor.
Except as expressly provided in this Agreement, the Indemnified Seller Parties shall not have any Liability to Purchaser, its Affiliates, any Indemnified Purchaser Parties, or their respective Entity Representatives, arising out of or resulting from any authorized or unauthorized use, disclosure, or reliance on the Background Materials or other information and data relating to the Acquired Assets or the Assumed Liabilities provided by or on behalf of Seller or any other Indemnified Seller Party.
Purchaser shall defend, indemnify and hold the Indemnified Seller Parties harmless from and against any Adverse Consequences arising out of or resulting from Purchaser’s Exploration, Development and Related Work, including, without limitation, any reclamation or remediation obligations under any Environmental Law, which obligations shall survive any expiration or termination of the Purchase Agreement, as amended by this First Amendment.