REIT Indemnified Parties definition

REIT Indemnified Parties is defined in Section 5.02.

REIT Indemnified Parties means the REIT and each officer and director of the REIT.

REIT Indemnified Parties shall have the meaning set forth in Section 15.2(a).

Examples of REIT Indemnified Parties in a sentence

• Consequently, Persons other than the Parties hereto (and, as applicable, the Behringer Indemnified Parties and the MF REIT Indemnified Parties) may not rely upon the representations and warranties in this Agreement as characterizations of actual facts or circumstances as of the date of this Agreement or as of any other date.

• From and after the First Closing and subject to the provisions of this Article 8 and Section 9.2 below, Buyer agrees to indemnify and hold harmless the REIT Indemnified Parties from and against any and all REIT Indemnified Costs.

• The Buyer Indemnified Parties or the REIT Indemnified Parties, as the case may be (each, an "Indemnified Party"), shall give prompt written notice to any Person who is obligated to provide indemnification hereunder (an "Indemnifying Party") of the commencement or assertion of any action, proceeding, demand, or claim by a third party (collectively, a "third-party action") in respect of which such Indemnified Party shall seek indemnification hereunder.

• New REIT and the New REIT Indemnified Parties, including their respective directors, officers, employees, agents and representatives, are hereby relieved from any liability to any person for any acts done in accordance with such decision, act, consent, election or instruction.

• For purposes of this Article 9, a decision, act, consent, election or instruction of RLJ Development shall be deemed to be authorized if approved in writing by RLJ Development, and New REIT and the New REIT Indemnified Parties may rely upon such decision, act, consent, election or instruction as provided in this Section 9.9 as being the decision, act, consent, election or instruction of RLJ Development.

• The representations and warranties in this Agreement are the product of negotiations among the Parties hereto and are for the sole benefit of such Parties (and, as applicable, the Behringer Indemnified Parties and the MF REIT Indemnified Parties).

• The REIT and the other REIT Indemnified Parties shall be entitled to rely on the authority of the Sellers’ Representative in all such matters arising under this Agreement and any agreement between the REIT and the Sellers’ Representative shall be binding on all Seller Indemnified Parties.

More Definitions of REIT Indemnified Parties

REIT Indemnified Parties shall have the meaning ascribed to it in Section hereof shall have the meaning ascribed to it in Section 5.2 hereof.

REIT Indemnified Parties shall have the meaning given to them in Section 8.1 hereof.

REIT Indemnified Parties shall have the meaning set forth in Section 19.2(1).