Continued Liability for Indemnity Claims Sample Clauses

Continued Liability for Indemnity Claims. The liability of any Indemnitor hereunder with respect to claims hereunder shall continue for so long as any claims for indemnification may be made hereunder pursuant to this Article XI and, with respect to any such indemnification claims duly and timely made, thereafter until the Indemnitor's liability therefore is finally determined and satisfied.
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Continued Liability for Indemnity Claims. The liability of any Indemnifying Party hereunder with respect to claims hereunder shall continue except to the extent limited by Section 8.5 hereof and, with respect to any such indemnification claims duly and timely made, thereafter until the Indemnifying Party’s liability therefor is finally determined and satisfied.
Continued Liability for Indemnity Claims. The liability of any party hereunder with respect to Indemnity Claims shall continue for the Restricted Period and, with respect to any such Indemnity Claims duly and timely made, thereafter until the indemnifying party’s liability therefore is finally determined and satisfied. If Seller shall liquidate or dissolve at any time when any liability of Seller with respect to Indemnity Claims may thereafter arise or be determined, then at the time of such liquidation or dissolution, Seller’s shareholders, or other distributees of Seller’s assets after the Closing, including any liquidating trust established by them, shall assume Seller’s liability with respect to Indemnity Claims to the extent of the value of all such assets distributed to them in such liquidation, and unless such shareholders or distributees expressly or by operation of law assume such liabilities, then Seller’s liabilities and obligations to Buyer shall not be deemed to have been paid, discharged or provided for, and such distribution shall be void as against Buyer to the extent of such liabilities.
Continued Liability for Indemnity Claims. ..48 Section 11.8 Exclusive Remedy.................................48 ARTICLE XII.
Continued Liability for Indemnity Claims. ARTICLE XII
Continued Liability for Indemnity Claims. 44 Section 11.8 Exclusive Remedy................................44 Section 11.9 Benefit of Prior Agreement......................45 ARTICLE XII
Continued Liability for Indemnity Claims. 46 Section 11.7 BASKET AMOUNT..................................... 46 (a) INDEMNIFICATION BY THE SELLER......................... 46 (b)
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Continued Liability for Indemnity Claims. 46 Section 11.7 BASKET AMOUNT..................................... 46 (a) INDEMNIFICATION BY THE SELLER......................... 46 (b)

Related to Continued Liability for Indemnity Claims

  • Exception to Right of Indemnification or Advancement of Expenses 17.1 Except as provided in Section 11.5, Indemnitee shall not be entitled to indemnification or advancement of Expenses, judgments, penalties, fines and amounts paid in settlement under this Agreement with respect to any Proceeding, or any claim therein, brought or made by him against the Company.

  • Procedures for Indemnification of Third Party Claims (a) If an Indemnified Party shall receive notice or otherwise learn of the assertion by a Person (including any Governmental Authority) who is not a member of the Vishay Group or the VPG Group of any claim or of the commencement by any such Person of any Action (collectively, a “Third Party Claim”) with respect to which an Indemnifying Party may be obligated to provide indemnification to such Indemnified Party pursuant to Section 5.2 or Section 5.3 or any other section of this Agreement or any Ancillary Agreement, such Indemnified Party shall give such Indemnifying Party written notice thereof within twenty (20) days after becoming aware of such Third Party Claim. Any such notice shall describe the Third Party Claim in reasonable detail. If any Person shall receive notice or otherwise learn of the assertion of a Third Party Claim which may reasonably be determined to be a Shared Contingent Liability, such Person shall give the other party to this Agreement written notice thereof within twenty (20) days after becoming aware of such Third Party Claim. Any such notice shall describe the Third Party Claim in reasonable detail. Notwithstanding the foregoing, the failure of any Indemnified Party or other Person to give notice as provided in this Section 5.6(a) shall not relieve the related Indemnifying Party of its obligations under this Article V, except to the extent that such Indemnifying Party is actually prejudiced by such failure to give notice.

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