Common use of Claimants Clause in Contracts

Claimants. Any claim for indemnity under this Article XI by any current or former affiliate, assignee, stockholder, member, officer, director, employee, agent, lender, advisor, representative, accountant, attorney, or consultant of any Party must be brought and administered by the applicable Party to this Agreement. No indemnified party other than Seller and Buyer shall have any rights against either Seller or Buyer under the terms of this Article XI except as may be exercised on its behalf by Buyer or Seller, as applicable, pursuant to this Article XI. Seller and Buyer may elect to exercise or not exercise indemnification rights under this Article XI on behalf of the other Seller Indemnified Parties and Buyer Indemnified Parties, respectively, affiliated with it in its sole discretion and shall have no liability to any such other indemnified party for any action or inaction under this Section 11.8.

Claimants. Any claim for indemnity under this Article XI ARTICLE X by any current or former affiliate, assigneeAffiliate, stockholder, member, officer, director, employee, agent, lender, advisor, representativeRepresentative, accountant, attorney, or consultant of any Party must be brought and administered by the applicable Party to this Agreement. No indemnified party other than Seller Sellers and Buyer shall have any rights against either Seller Sellers or Buyer under the terms of this Article XI ARTICLE X except as may be exercised on its behalf by Buyer or SellerSellers, as applicable, pursuant to this Article XI. Seller ARTICLE X. Sellers and Buyer may elect to exercise or not exercise indemnification rights under this Article XI ARTICLE X on behalf of the other Seller Indemnified Parties and Buyer Indemnified Parties, respectively, affiliated with it in its sole discretion and shall have no liability to any such other indemnified party for any action or inaction under this Section 11.810.8.

Claimants. Any claim for indemnity under this Article XI ARTICLE X by any current or former affiliate, assigneeAffiliate, stockholder, member, officer, director, employee, agent, lender, advisor, representativeRepresentative, accountant, attorney, or consultant of any Party must be brought and administered by the applicable Party to this Agreement. No indemnified party other than Seller Sellers and Buyer shall have any rights against either Seller Sellers or Buyer under the terms of this Article XI ARTICLE X except as may be exercised on its behalf by Buyer or SellerSellers, as applicable, pursuant to this Article XI. Seller ARTICLE X. Sellers and Buyer may elect to exercise or not exercise indemnification rights under this Article XI ARTICLE X on behalf of the other Seller Indemnified Parties and Buyer Indemnified Parties, respectively, affiliated with it in its sole discretion and shall have no liability to any such other indemnified party for any action or inaction under this Section 11.810.10.