Common use of Indemnification in Case of Strict Liability or Indemnitee Negligence Clause in Contracts

Indemnification in Case of Strict Liability or Indemnitee Negligence. TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, THE INDEMNIFICATION PROVISIONS IN ARTICLE VIII AND IN THIS ARTICLE VII SHALL BE ENFORCEABLE REGARDLESS OF WHETHER THE LIABILITY IS BASED ON PAST, PRESENT OR FUTURE ACTS, CLAIMS OR LAWS (INCLUDING ANY PAST, PRESENT OR FUTURE ENVIRONMENTAL LAW, FRAUDULENT TRANSFER ACT, OCCUPATIONAL SAFETY AND HEALTH LAW, OR PRODUCTS LIABILITY, SECURITIES OR OTHER LAW), AND REGARDLESS OF WHETHER ANY PERSON (INCLUDING THE PERSON FROM WHOM INDEMNIFICATION IS SOUGHT) ALLEGES OR PROVES THE SOLE, JOINT, CONCURRENT, CONTRIBUTORY OR COMPARATIVE NEGLIGENCE OF THE PERSON SEEKING INDEMNIFICATION, OR THE SOLE, JOINT, OR CONCURRENT STRICT LIABILITY IMPOSED ON THE PERSON SEEKING INDEMNIFICATION.

Appears in 2 contracts

Samples: Purchase Agreement (Duke Power CO LLC), Purchase Agreement (Dynegy Holdings Inc)

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Indemnification in Case of Strict Liability or Indemnitee Negligence. TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, THE INDEMNIFICATION PROVISIONS IN ARTICLE VIII AND IN THIS ARTICLE VII XI SHALL BE ENFORCEABLE REGARDLESS OF WHETHER THE LIABILITY IS BASED ON UPON PAST, PRESENT OR FUTURE ACTS, CLAIMS OR LAWS LEGAL REQUIREMENTS (INCLUDING ANY PAST, PRESENT OR FUTURE BULK SALES LAW, ENVIRONMENTAL LAW, FRAUDULENT TRANSFER ACT, OCCUPATIONAL SAFETY AND HEALTH LAW, LAW OR PRODUCTS LIABILITY, SECURITIES OR OTHER LAW), LEGAL REQUIREMENT) AND REGARDLESS OF WHETHER ANY PERSON (INCLUDING THE PERSON FROM WHOM INDEMNIFICATION IS SOUGHT) ALLEGES OR PROVES THE SOLE, JOINT, CONCURRENT, CONTRIBUTORY OR COMPARATIVE NEGLIGENCE OF THE PERSON SEEKING INDEMNIFICATION, INDEMNIFICATION OR THE SOLE, JOINT, SOLE OR CONCURRENT STRICT LIABILITY IMPOSED ON UPON THE PERSON SEEKING INDEMNIFICATION.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Winnebago Industries Inc), Stock Purchase Agreement (Proxymed Inc /Ft Lauderdale/)

Indemnification in Case of Strict Liability or Indemnitee Negligence. TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, THE INDEMNIFICATION PROVISIONS IN ARTICLE VIII AND IN THIS ARTICLE VII SHALL BE ENFORCEABLE REGARDLESS OF WHETHER THE LIABILITY IS BASED ON UPON PAST, PRESENT OR FUTURE ACTS, CLAIMS OR LAWS LEGAL REQUIREMENTS (INCLUDING ANY PAST, PRESENT OR FUTURE BULK SALES LAW, ENVIRONMENTAL LAW, FRAUDULENT TRANSFER ACT, OCCUPATIONAL SAFETY AND HEALTH LAW, LAW OR PRODUCTS LIABILITY, SECURITIES OR OTHER APPLICABLE 55 LAW), ) AND REGARDLESS OF WHETHER ANY PERSON (INCLUDING THE PERSON FROM WHOM INDEMNIFICATION IS SOUGHTINDEMNIFYING PARTY) ALLEGES OR PROVES THE SOLE, JOINT, CONCURRENT, CONTRIBUTORY OR COMPARATIVE NEGLIGENCE OF THE PERSON SEEKING INDEMNIFICATION, INDEMNIFIED PARTY OR THE SOLE, JOINT, SOLE OR CONCURRENT STRICT LIABILITY IMPOSED ON UPON THE PERSON SEEKING INDEMNIFICATIONINDEMNIFIED PARTY.

Appears in 1 contract

Samples: Asset Purchase Agreement (Ainsworth Lumber Co LTD)

Indemnification in Case of Strict Liability or Indemnitee Negligence. TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, THE INDEMNIFICATION PROVISIONS IN ARTICLE VIII AND IN THIS ARTICLE VII SHALL BE ENFORCEABLE REGARDLESS OF WHETHER THE LIABILITY IS BASED ON UPON PAST, PRESENT OR FUTURE ACTS, CLAIMS OR LAWS LEGAL REQUIREMENTS (INCLUDING ANY PAST, PRESENT OR FUTURE BULK SALES LAW, ENVIRONMENTAL LAW, FRAUDULENT TRANSFER ACT, OCCUPATIONAL SAFETY AND HEALTH LAW, LAW OR PRODUCTS LIABILITY, SECURITIES OR OTHER LAW), LEGAL REQUIREMENT) AND REGARDLESS OF WHETHER ANY PERSON (INCLUDING THE PERSON FROM WHOM INDEMNIFICATION IS SOUGHT) ALLEGES OR PROVES THE SOLE, JOINT, CONCURRENT, CONTRIBUTORY OR COMPARATIVE NEGLIGENCE OF THE PERSON SEEKING INDEMNIFICATION, INDEMNIFICATION OR THE SOLE, JOINT, SOLE OR CONCURRENT STRICT LIABILITY IMPOSED ON UPON THE PERSON SEEKING INDEMNIFICATION.. Table of Contents

Appears in 1 contract

Samples: Asset Purchase Agreement (Franklin Covey Co)

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Indemnification in Case of Strict Liability or Indemnitee Negligence. TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, THE INDEMNIFICATION PROVISIONS IN ARTICLE VIII AND IN THIS ARTICLE VII SHALL BE ENFORCEABLE REGARDLESS OF WHETHER THE LIABILITY IS BASED ON UPON PAST, PRESENT OR FUTURE ACTS, CLAIMS OR LAWS LEGAL REQUIREMENTS (INCLUDING ANY PAST, PRESENT OR FUTURE BULK SALES LAW, ENVIRONMENTAL LAW, FRAUDULENT TRANSFER ACT, OCCUPATIONAL SAFETY AND HEALTH LAW, LAW OR PRODUCTS LIABILITY, SECURITIES OR OTHER APPLICABLE LAW), ) AND REGARDLESS OF WHETHER ANY PERSON (INCLUDING THE PERSON FROM WHOM INDEMNIFICATION IS SOUGHTINDEMNIFYING PARTY) ALLEGES OR PROVES THE SOLE, JOINT, CONCURRENT, CONTRIBUTORY OR COMPARATIVE NEGLIGENCE OF THE PERSON SEEKING INDEMNIFICATION, INDEMNIFIED PARTY OR THE SOLE, JOINT, SOLE OR CONCURRENT STRICT LIABILITY IMPOSED ON UPON THE PERSON SEEKING INDEMNIFICATIONINDEMNIFIED PARTY.

Appears in 1 contract

Samples: Asset Purchase Agreement (Potlatch Corp)

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