Common use of Covered Claims and Parties Clause in Contracts

Covered Claims and Parties. All indemnities set forth in this Agreement extend to the officers, directors, employees and affiliates of the party indemnified. The indemnities set forth in this Agreement do not extend to (i) any part of an indemnified claim that is the result of the willful misconduct or fraud of the indemnified party, (ii) punitive damages assessed against the indemnified party arising from the acts or omissions of the indemnified party, or (iii) civil or criminal fines or penalties imposed by any court or regulatory authority assessed against the indemnified party due the indemnified party’s failure to comply with applicable laws, regulations or orders.

Covered Claims and Parties. All indemnities set forth in this Agreement extend to the officers, directors, employees and affiliates of the party indemnified. The indemnities set forth in this Agreement do not extend to (i) any part of an indemnified claim Claim that (a) is the result of the willful misconduct or fraud imposition of the indemnified party, (ii) punitive damages assessed against on the indemnified party arising from the acts or omissions of the indemnified party, or (iiib) is the result of the imposition of civil or criminal fines or penalties imposed by any court or regulatory authority assessed against on the indemnified party due the indemnified party’s 's failure to comply with applicable laws, regulations or orders.

Covered Claims and Parties. All indemnities set forth in this Agreement extend to the officers, directors, employees and affiliates of the party indemnified. The indemnities set forth in this Agreement do not extend to (ia) any part of an indemnified claim Claim that is the result of the gross negligence, willful misconduct or fraud of the indemnified party, (iib) punitive damages assessed against the indemnified party arising from the acts or omissions of the indemnified party, or (iiic) civil or criminal fines or penalties imposed by any court or regulatory authority assessed against the indemnified party due the indemnified party’s 's failure to comply with applicable laws, regulations or orders.