Common use of Indemnification Actions Clause in Contracts

Indemnification Actions. All claims for indemnification under Section 8.02 or 8.03 shall be asserted and resolved as follows: (a) For purposes of this Article VIII, the term “Indemnifying Party” when used in connection with particular Damages shall mean the Party having an obligation to indemnify another Party with respect to such Damages pursuant to this Article VIII, and the term “Indemnified Party” when used in connection with particular Damages shall mean the person or persons having the right to be indemnified with respect to such Damages by another Party pursuant to this Article VIII.

Appears in 2 contracts

Samples: Asset Purchase Agreement, Asset Purchase Agreement (Carrizo Oil & Gas Inc)

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Indemnification Actions. All claims for indemnification under Section 8.02 or 8.03 this Article 13 shall be asserted and resolved as follows: (a) For purposes of this Article VIII13, the term “Indemnifying Party” when used in connection with particular Damages shall mean means the Party having an obligation to indemnify another Party any member of the Seller Group with respect to such Damages pursuant to this Article VIII13, and the term “Indemnified PartyPerson” when used in connection with particular Damages shall mean the person or persons Party and/or other Persons having the right to be indemnified with respect to such Damages by another the Indemnifying Party pursuant to this Article VIII13.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Devon Energy Corp/De), Securities Purchase Agreement (Ovintiv Inc.)

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Indemnification Actions. All claims for indemnification under Section 8.02 or 8.03 9.1 shall be asserted and resolved as follows: (a) For purposes of this Article VIIIhereof, (i) the term “Indemnifying PartyPerson” when used in connection with particular Damages shall mean the Party having charged with an obligation to indemnify another Party Person or Persons with respect to such Damages pursuant to this Article VIII, 9 and (ii) the term “Indemnified PartyPerson” when used in connection with particular Damages shall mean the person Person or persons Persons having the right to be indemnified with respect to such Damages by another a Party pursuant to this Article VIII9.

Appears in 1 contract

Samples: Contribution Agreement (Crestwood Equity Partners LP)

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