Common use of Indemnification Actions Clause in Contracts

Indemnification Actions. All claims for indemnification under Article 11 shall be asserted and resolved as follows: (a) For purposes of this Article 11, the term “Indemnifying Party” when used in connection with particular Damages means (i) Sellers in the event any member of the Purchaser Group is entitled to indemnity from Sellers under Section 11.3 and (ii) Purchaser in the event any member of the Seller Group is entitled to indemnification under this Agreement. For purposes of this Article 11, the term “Indemnified Person” when used in connection with particular Damages means (A) Purchaser in the event any member of the Purchaser Group is entitled to indemnity from Sellers under Section 11.3 and (B) Sellers in the event any member of the Seller Group is entitled to indemnification under this Agreement.

Appears in 3 contracts

Samples: Purchase and Sale Agreement, Series B Preferred Unit Purchase Agreement (Black Stone Minerals, L.P.), Purchase and Sale Agreement (Black Stone Minerals, L.P.)

AutoNDA by SimpleDocs

Indemnification Actions. All claims for indemnification under Article 11 12 shall be asserted and resolved as follows: (a) For purposes of this Article 1112, the term “Indemnifying Party” when used in connection with particular Damages means (i) Sellers Seller in the event any member of the Purchaser Group is entitled to indemnity from Sellers under Section 11.3 this Agreement and (ii) Purchaser in the event any member of the Seller Group is entitled to indemnification under this Agreement. For purposes of this Article 1112, the term “Indemnified Person” when used in connection with particular Damages means (Ai) Purchaser in the event any member of the Purchaser Group is entitled to indemnity from Sellers under Section 11.3 this Agreement and (Bii) Sellers Seller in the event any member of the Seller Group is entitled to indemnification under this Agreement.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Plains All American Pipeline Lp), Securities Purchase Agreement (Concho Resources Inc)

Indemnification Actions. All claims for indemnification under this Article 11 10 shall be asserted and resolved as follows: (a) For purposes of this Article 1110, the term “Indemnifying Party” when used in connection with particular Damages Losses means (i) Sellers in the event any member of the Purchaser Group is entitled to indemnity from Sellers under Section 11.3 and (ii) Purchaser Buyer in the event any member of the Seller Group is entitled to indemnification under this Agreement, and means Seller in the event any member of the Buyer Group is entitled to indemnification under this Agreement. For purposes of this Article 1110, the term “Indemnified Person” when used in connection with particular Damages Losses means (A) Purchaser in the event any member of the Purchaser Group is entitled to indemnity from Sellers under Section 11.3 and (B) Sellers Seller in the event any member of the Seller Group is entitled to indemnification under this AgreementAgreement and means Buyer in the event any member of the Buyer Group is entitled to indemnification.

Appears in 1 contract

Samples: Membership Interest Purchase Agreement (Crescent Energy Co)

Indemnification Actions. All claims for indemnification under Article 11 12 shall be asserted and resolved as follows: (ai) For purposes of this Article 1112, the term “Indemnifying Party” when used in connection with particular Damages means (i) Sellers Seller in the event any member of the Purchaser Group is entitled to indemnity from Sellers Seller under Section 11.3 12.3 and (ii) Purchaser in the event any member of the Seller Group is entitled to indemnification under this Agreement. For purposes of this Article 1112, the term “Indemnified Person” when used in connection with particular Damages means (Ai) Purchaser in the event any member of the Purchaser Group is entitled to indemnity from Sellers Seller under Section 11.3 12.3 and (Bii) Sellers Seller in the event any member of the Seller Group is entitled to indemnification under this Agreement.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Riley Exploration Permian, Inc.)

Indemnification Actions. All claims for indemnification under Article 11 13 shall be asserted and resolved as follows: (a) For purposes of this Article 11, the The term “Indemnifying Party” when used in connection with particular Damages means (i) Sellers the applicable Seller in the event any member of the Purchaser Group is entitled to indemnity from Sellers a Seller under Section 11.3 this Agreement and (ii) Purchaser Purchasers in the event any member of the Seller Group is entitled to indemnification indemnity from a Purchaser under this Agreement. For purposes of this Article 11, the The term “Indemnified Person” when used in connection with particular Damages means (A) Purchaser Purchasers in the event any member of the Purchaser Group is entitled to indemnity from Sellers a Seller under Section 11.3 this Agreement and (B) Sellers in the event any member of the Seller Group is entitled to indemnification indemnity under this Agreement.

Appears in 1 contract

Samples: Securities Purchase Agreement (Kimbell Royalty Partners, LP)

Indemnification Actions. All claims for indemnification under this Article 11 13 shall be asserted and resolved as follows: (a) For purposes of this Article 1113, the term “Indemnifying Party” when used in connection with particular Damages means (i) Sellers Sellers’ Representative in the event any member of the Purchaser Group is entitled to indemnity from Sellers indemnification under Section 11.3 13.2 and (ii) Purchaser in the event any member of the Seller Group is entitled to indemnification under this Agreement. For purposes of this Article 1113, the term “Indemnified Person” when used in connection with particular Damages means (A) Purchaser in the event any member of the Purchaser Group is entitled to indemnity from Sellers under Section 11.3 13.2 and (B) Sellers each Seller in the event any member of the Seller Group is entitled to indemnification under this Agreement.

Appears in 1 contract

Samples: Securities Purchase Agreement (Matador Resources Co)

AutoNDA by SimpleDocs

Indemnification Actions. All claims for indemnification under Article 11 13 shall be asserted and resolved as follows: (a) For purposes of this Article 1113, the term “Indemnifying Party” when used in connection with particular Damages means (i) Sellers Seller in the event any member of the Purchaser Group is entitled to indemnity from Sellers under Section 11.3 13.2 and (iii) Purchaser in the event any member of the Seller Group is entitled to indemnification under this AgreementSection 13.1. For purposes of this Article 1113, the term “Indemnified Person” when used in connection with particular Damages means (Ax) Purchaser in the event any member of the Purchaser Group is entitled to indemnity from Sellers under Section 11.3 13.2 and (By) Sellers Seller in the event any member of the Seller Group is entitled to indemnification under this AgreementSection 13.1.

Appears in 1 contract

Samples: Securities Purchase Agreement (Kosmos Energy Ltd.)

Indemnification Actions. All claims for indemnification under Article 11 this ‎Article 13 shall be asserted and resolved as follows: (a) For purposes of this Article 11‎Article 13, the term “Indemnifying Party” when used in connection with particular Damages means (i) Sellers Sellers’ Representative in the event any member of the Purchaser Group is entitled to indemnity from Sellers indemnification under Section 11.3 ‎Section 13.2 and (ii) Purchaser in the event any member of the Seller Group is entitled to indemnification under this Agreement. For purposes of this Article 11‎Article 13, the term “Indemnified Person” when used in connection with particular Damages means (A) Purchaser in the event any member of the Purchaser Group is entitled to indemnity from Sellers under Section 11.3 ‎Section 13.2 and (B) Sellers each Seller in the event any member of the Seller Group is entitled to indemnification under this Agreement.

Appears in 1 contract

Samples: Securities Purchase Agreement (Matador Resources Co)

Indemnification Actions. All claims for indemnification under Article 11 12 shall be asserted and resolved as follows: (a) For purposes of this Article 1112, the term “Indemnifying Party” when used in connection with particular Damages means (i) Sellers in the event any member of the Purchaser Group is entitled to indemnity from Sellers under Section 11.3 and (ii) Purchaser in the event any member of the Seller Group is entitled to indemnification under this Agreement, and means Seller in the event any member of the Purchaser Group is entitled to indemnification under this Agreement. For purposes of this Article 1112, the term “Indemnified Person” when used in connection with particular Damages means (A) Purchaser in the event any member of the Purchaser Group is entitled to indemnity from Sellers under Section 11.3 and (B) Sellers Seller in the event any member of the Seller Group is entitled to indemnification under this AgreementAgreement and means Purchaser in the event any member of the Purchaser Group is entitled to indemnification.

Appears in 1 contract

Samples: Purchase and Sale Agreement (SM Energy Co)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!