Agency for Non-Parties Sample Clauses

Agency for Non-Parties. Each Party hereby accepts each indemnity in favour of each of its Indemnified Parties who are not Parties as agent and trustee of that Indemnified Party. Each Party may enforce an indemnity in favour of any of that Party’s Indemnified Parties on behalf of each such Indemnified Party.
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Agency for Non-Parties. Notwithstanding Section 13.7, the Purchaser hereby accepts each indemnity in favour of each Purchaser Indemnified Party who is not a party to this Agreement as agent and trustee of that Indemnified Party. The Purchaser may enforce an indemnity in favour of any Purchaser Indemnified Party on behalf of such Purchaser Indemnified Party.
Agency for Non-Parties. Notwithstanding Section 6.20 of the Canadian Asset Purchase Agreement, Section 7.19 of the U.S. Asset Purchase Agreement and Section 9.9 of the Share Purchase Agreement, each Party hereby accepts each indemnity in favour of each of its Indemnified Parties who are not Parties as agent and trustee of that Indemnified Party. Each Party may enforce an indemnity in favour of any of that Party’s Indemnified Parties on behalf of each such Indemnified Party.
Agency for Non-Parties. Each party hereby accepts each indemnity in favour of its indemnified persons who are not parties as agent and trustee for and on their behalf. A party may enforce an indemnity in favour of any of that party's indemnified persons on behalf of each such person. ●26 The Purchaser has the right to satisfy any amount from time to time owing by it to the Vendor by way of set-off against any amount from time to time owing by the Vendor to the Purchaser, including any amount owing to the Purchaser pursuant to the Vendor’s indemnification obligations pursuant to this Agreement. Materiality27 Subject to the provisions of Sections 1.1 through 1.18, in the case of a Claim under Section 1.2 for a breach by the Vendor of a representation or warranty that is qualified by materiality [or Material Adverse Effect], the Purchaser will be entitled to claim the full amount of the Loss resulting from such breach without regard to the materiality [or Material Adverse Effect] qualifier. However, for certainty, the determination of whether there has been a breach under Section 1.2 of a representation or warranty that is qualified by materiality [or Material Adverse Effect] must be made having regard to the materiality [or Material Adverse Effect] qualifier. 1 As the Vendor will more likely be subject to claims for indemnification than the Purchaser, the Vendor will want to exclude claims for loss of profits. 2 Cross refer to any additional agreements to be delivered at or prior to Closing contemplated by Article ● (Conditions).
Agency for Non-Parties. Notwithstanding Section 9.14, each Party hereby accepts each indemnity in favour of each of its Indemnified Parties who are not Parties as agent and trustee of that Indemnified Party. Each Party may enforce an indemnity in favour of any of that Party’s Indemnified Parties on behalf of each such Indemnified Party. For greater certainty, Purchaser Holdco shall be entitled to enforce an indemnity in favour of any of the Purchaser’s Indemnified Parties on behalf of such Purchaser’s Indemnified Parties.
Agency for Non-Parties. The Purchaser and the Vendor hereby accept each indemnity in favour of each of the Purchaser’s Indemnified Parties or the Vendor’s Indemnified Parties, as applicable, who are not Parties, as agent and trustee of that Purchaser’s Indemnified Party or Vendor’s Indemnified Party, as the case may be. The Purchaser and the Vendor, as applicable, may enforce an indemnity in favour of any of the Purchaser’s Indemnified Parties or the Vendor’s Indemnified Parties, as applicable, on behalf of each such Purchaser’s Indemnified Party or Vendor’s Indemnified Party.
Agency for Non-Parties. The Purchaser hereby accepts each indemnity in favour of the Purchaser Indemnified Persons who are not Parties as agent and trustee for and on their behalf. The Purchaser may enforce an indemnity in favour of any of the Purchaser Indemnified Persons on behalf of each such Person.
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Agency for Non-Parties. To the extent necessary to give effect to the provisions of this Agreement, each Party hereby accepts each indemnity in favour of its indemnified Persons who are not Parties as agent and trustee for and on their behalf. An Indemnitee Representative may enforce an indemnity in favour of any of that Indemnitee Representative’s indemnified Persons on behalf of each such Person.

Related to Agency for Non-Parties

  • Agency for Perfection Each Lender hereby appoints each other Lender as agent for the purpose of perfecting Liens for the benefit of the Agents and the Lenders, in assets which, in accordance with Article 9 of the UCC or any other applicable Law of the United States can be perfected only by possession. Should any Lender (other than the Agents) obtain possession of any such Collateral, such Lender shall notify the Agents thereof, and, promptly upon the Collateral Agent’s request therefor shall deliver such Collateral to the Collateral Agent or otherwise deal with such Collateral in accordance with the Collateral Agent’s instructions.

  • Severability of Covenants The Executive acknowledges and agrees that the Restrictive Covenants are reasonable and valid in duration and geographical scope and in all other respects. If any court determines that any of the Restrictive Covenants, or any part thereof, is invalid or unenforceable, the remainder of the Restrictive Covenants shall not thereby be affected and shall be given full effect without regard to the invalid portions.

  • LIMITATION OF LIABILITY OF THE TRUSTEES, OFFICERS, AND SHAREHOLDERS A copy of the Agreement and Declaration of Trust of the Fund is on file with the Secretary of The Commonwealth of Massachusetts, and notice is hereby given that this instrument is executed on behalf of the Trustees of the Fund as Trustees and not individually and that the obligations of or arising out of this instrument are not binding upon any of the Trustees, officers or shareholders individually but are binding only upon the assets and property of the respective Fund.

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