Common use of Indemnification by Spincos Clause in Contracts

Indemnification by Spincos. Except as provided in Sections 6.04 and 6.05 and subject to Section 13.01, each Spinco shall, and shall cause the other members of its Corresponding Group to, fully indemnify, defend and hold harmless each other Separate-co, each other member of each other Group and each of their respective current and former directors, officers and employees, and each of the heirs, executors, trustees, administrators, successors and assigns of any of the foregoing (collectively, such Spinco’s “Corresponding Other Separate-cos Indemnified Parties”), from and against any and all Liabilities of its Corresponding Other Separate-cos Indemnified Parties relating to, arising out of or resulting from any of the following items (without duplication):

Appears in 6 contracts

Samples: Separation and Distribution Agreement, Separation and Distribution Agreement (Tree.com, Inc.), Separation and Distribution Agreement (HSN, Inc.)

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