Common use of Indemnification and Defense Procedures Clause in Contracts

Indemnification and Defense Procedures. A Person which is entitled to be indemnified under Section 5.1, 6.1, 12.3(d), 14.1 or 14.2 is herein referred to as an “Indemnified Person” and the party which is obligated to indemnify an Indemnified Person under Section 5.1, 6.1, 14.1 or 14.2 is herein referred to as the “Indemnifying Party” with respect to the matter for which it is obligated to indemnify such Indemnified Person. All claims for indemnification under Sections 5.1, 6.1, 14.1 and 14.2 shall be asserted and resolved as follows:

Appears in 1 contract

Samples: Asset Purchase Agreement (Exco Resources Inc)

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Indemnification and Defense Procedures. A Person which is entitled to be indemnified under Section 5.1, 6.17.2, 12.3(d), 14.1 15.1 or 14.2 15.2 is herein referred to as an "Indemnified Person" and the party which is obligated to indemnify an Indemnified Person under Section 5.1, 6.17.2, 14.1 15.1 or 14.2 15.2 is herein referred to as the "Indemnifying Party" with respect to the matter for which it is obligated to indemnify such Indemnified Person. All claims for indemnification under Sections 5.1, 6.17.2, 14.1 15.1 and 14.2 15.2 shall be asserted and resolved as follows:

Appears in 1 contract

Samples: Stock Purchase Agreement (Tesoro Petroleum Corp /New/)

Indemnification and Defense Procedures. A Person which is entitled to be indemnified under Section 5.1, 6.1, 12.3(d), 14.1 13.1 or 14.2 13.2 is herein referred to as an “Indemnified Person” and the party Party which is obligated to indemnify an Indemnified Person under Section 5.1, 6.1, 14.1 13.1 or 14.2 13.2 is herein referred to as the “Indemnifying Party” with respect to the matter for which it is obligated to indemnify such Indemnified Person. All claims for indemnification under Sections 5.1, 6.1, 14.1 13.1 and 14.2 13.2 shall be asserted and resolved as follows:

Appears in 1 contract

Samples: Asset Purchase Agreement (Parsley Energy, Inc.)

Indemnification and Defense Procedures. A Person which is entitled to be indemnified under Section 5.1, 6.1, 12.3(d6.5(b), 14.1 13.1 or 14.2 13.2 is herein referred to as an “Indemnified Person” and the party Party which is obligated to indemnify an Indemnified Person under Section 5.1, 6.16.5(b), 14.1 13.1 or 14.2 13.2 is herein referred to as the “Indemnifying Party” with respect to the matter for which it is obligated to indemnify such Indemnified Person. All claims for indemnification under Sections 5.1, 6.16.5(b), 14.1 13.1 and 14.2 13.2 shall be asserted and resolved as follows:

Appears in 1 contract

Samples: Asset Purchase Agreement (BreitBurn Energy Partners L.P.)

Indemnification and Defense Procedures. A Person which is entitled to be indemnified under Section 5.1, 6.1, 12.3(d6.5(b), 14.1 13.1 or 14.2 13.2 is herein referred to as an “Indemnified Person” and the party Party which is obligated to indemnify an Indemnified Person under Section 5.1, 6.16.5 (b), 14.1 13.1 or 14.2 13.2 is herein referred to as the “Indemnifying Party” with respect to the matter for which it is obligated to indemnify such Indemnified Person. All claims for indemnification under Sections 5.1, 6.16.5(b), 14.1 13.1 and 14.2 13.2 shall be asserted and resolved as follows:

Appears in 1 contract

Samples: Asset Purchase Agreement

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Indemnification and Defense Procedures. A Person which is entitled to be indemnified under Section 5.1, 6.1, 12.3(d), 14.1 13.1 or 14.2 13.2 is herein referred to as an “Indemnified Person” and the party Party which is obligated to indemnify an Indemnified Person under Section 5.1, 6.1, 14.1 13.1 or 14.2 13.2 is herein referred to as the “Indemnifying Party” with respect to the matter for which it is obligated to indemnify such Indemnified Person. All claims for indemnification under Sections 5.1, 6.1, 14.1 13.1 and 14.2 13.2 shall be asserted and resolved as follows:: - 30 -

Appears in 1 contract

Samples: Asset Purchase Agreement (Chaparral Energy, Inc.)

Indemnification and Defense Procedures. A Person which is entitled to be indemnified under Section Sections 5.1, 6.1, 12.3(d7.11(b), 14.1 7.12, 12.2 or 14.2 12.3 is herein referred to as an “Indemnified Person” and the party Party which is obligated to indemnify an Indemnified Person under Section Sections 5.1, 6.17.11(b), 14.1 7.12, 12.2 or 14.2 12.3 is herein referred to as the “Indemnifying Party” with respect to the matter for which it is obligated to indemnify such Indemnified Person. All claims for indemnification under Sections 5.1, 6.17.11(b), 14.1 7.12, 12.2 and 14.2 12.3 shall be asserted and resolved as follows:

Appears in 1 contract

Samples: Purchase and Sale Agreement (PDC Energy, Inc.)

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