Examples of Parent Indemnified Person in a sentence
All rights to indemnification under this Section 4.3(a) shall be deemed to be provided by a contract between the Sponsor and each Parent Indemnified Person who serves in such capacity at any time while this Section 4.3(a) is in effect.
For all purposes of this Article XI, any indemnification obligation owing to any Parent Indemnified Person shall be satisfied by means of the payment to such Parent Indemnified Person out of the Escrow Funds and, from and after the time that the Escrow Funds have been fully distributed or are otherwise no longer available for such purposes, by SBEEG.
All payments (if any) made to an Parent Indemnified Person pursuant to any indemnification obligations under this Article IX will be treated as adjustments to the purchase price for tax purposes and such agreed treatment will govern for purposes of this Agreement, unless otherwise required by law.
Parent may give a Notice of Claim at any time Parent or any other Parent Indemnified Person suffers Damages or is subject to a claim, demand, suit, action, cause of action or other dispute that may give rise to a Claim.
In the event that that any Parent Indemnified Person [as that term is define in the Agreement and Plan of Merger by and among IEC Electronics Corp., VUT Merger Corp., Val-U-Tech Corp.