Covered Liabilities. As used herein, "
Covered Liabilities. The liabilities for which indemnification, contribution and advancement of expenses are provided under this Article include any damage, judgment, amount paid in settlement, fine, penalty, punitive damages, excise tax assessed with respect to an employee benefit plan, or cost or expense, of any nature (including, without limitation, attorneys’ fees and disbursements).
Covered Liabilities. 20 > TABLE OF CONTENTS (continued) Page
Covered Liabilities. The term "COVERED LIABILITIES" shall mean any and all debts, losses, claims, damages, costs, demands, fines, judgments, contracts (implied and expressed, written and unwritten), penalties, obligations, payments, liabilities of every type and nature actually incurred (including without limitation, those arising out of any Action), together with any reasonable costs and expenses (including, without limitation, reasonable attorneys' fees and out-of-pocket expenses) incurred in connection with any of the foregoing (including, without limitation, reasonable costs and expenses incurred in investigating, preparing or defending any Action).
Covered Liabilities. This Escrow Agreement has been executed and the deposit of the Escrowed Cash hereunder is made for the purpose of providing for the payment of indemnity obligations to Buyer pursuant to Articles IX and X of the Master Agreement (such obligations, the "Covered Liabilities").
Covered Liabilities. As used herein, "Covered Liabilities" means:
(1) any and all liabilities, losses, costs, damages, penalties or fines suffered by any Buyer Party as a result of either Seller's or Guarantor's breach of any of its respective representations, warranties, covenants or obligations under this Agreement or any of the Related Agreements, including, without limitation, all of each Seller's obligations under Article VI of either Conveyance, and including, without limitation, any Title Failure,
(2) any and all liabilities, losses, costs, damages, penalties or fines suffered by an Indemnified Party as a result of (i) any injury to persons or property or similar tort arising from or involving activities on the Subject Lands or relating to the Subject Hydrocarbons, (ii) any violation on the Subject Lands (or in connection with oil and gas operations or ancillary activities relating to the Subject Hydrocarbons) of any Environmental Law or any other Law or legal duty relating to public health or safety or the production or conservation of Hydrocarbons or natural resources, (iii) the breach of any duty imposed under any such Law, or under any Lease or Permitted Encumbrance, relating to oil and gas operations and ancillary activities (including environmental remediation) on the Subject Lands or relating to the Subject Hydrocarbons, (iv) the delivery to or receipt by Buyer or a designee of Buyer of any Hydrocarbons produced from or attributable to the Subject Interests (including any claim relating to the quality or handling thereof) or (v) oil and gas operations and ancillary activities on or involving the Subject Lands or relating to the Subject Hydrocarbons, in each case regardless of whether the foregoing arise under, out of, or in connection with any Action or any claim therein, any order or decree of any Governmental Authority, or any arbitrator's award;
(3) any and all liabilities, losses, costs, damages, penalties or fines suffered by any Buyer Party (or any successor owners of the Production Payment) as a result of any Action set forth on Schedule 3, and
(4) all reasonable costs and expenses of any Indemnified Party in investigating or defending against any claims for such alleged damages, costs, losses, liabilities, penalties or fines (including, without limitation, any reasonable attorneys' fees).
Covered Liabilities. 3 1.13 Defects . . . . . . . . . . . . . . . . . . . . . . . 3 1.14
Covered Liabilities. “Covered Liabilities” means all liabilities and obligations incurred by Cedent, GLIC or GLICNY for Covered Benefits (a) under the express terms of the Reinsured Policies or (b) as a result of the payment of Covered Benefits consistent with then current standard industry practices with respect to the payment of claims and Existing Practices or, if applicable, Then Current Practices.
Covered Liabilities. 20 TABLE OF CONTENTS (continued) Page SECTION 10.02. Indemnification by Seller............................21
Covered Liabilities. Liabilities subject to the duties to defend and indemnify in subsections