Common use of Indemnification of Third Party Claims Clause in Contracts

Indemnification of Third Party Claims. The indemnification obligations and liabilities under this Section 5.3 with respect to Actions brought against a Parent Indemnified Party or a Company Indemnified Party (each in such capacity, an “Indemnitee”) by a Person other than a Party hereto (a “Third Party Claim”) shall be subject to the following terms and conditions (for purposes of this Agreement, the “Indemnified Representative” means Parent, with respect to an indemnification claim by a Parent Indemnified Party, and the Member Representative, with respect to an indemnification claim by a Company Indemnified Party, and the “Indemnifying Representative” means the Member Representative, with respect to an indemnification claim by a Parent Indemnified Party, and Parent, with respect to an indemnification claim by a Company Indemnified Party):

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Alternative Asset Management Acquisition Corp.)

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Indemnification of Third Party Claims. The indemnification obligations and liabilities under this Section 5.3 1 with respect to Actions brought against a Parent Secure Indemnified Party or a Company Indemnified Party (each in such capacity, an “Indemnitee“ Indemnitee ”) by a Person other than a Party hereto (a Third Party ClaimClaim ”) shall be subject to the following terms and conditions (for purposes of this Agreement, the Indemnified RepresentativeRepresentative ” means ParentSecure, with respect to an indemnification claim by a Parent Secure Indemnified Party, and the Member Representative, with respect to an indemnification claim by a Company Indemnified Party, and the Indemnifying RepresentativeRepresentative ” means the Member Representative, with respect to an indemnification claim by a Parent Secure Indemnified Party, and ParentSecure, with respect to an indemnification claim by a Company Indemnified Party):

Appears in 1 contract

Samples: Indemnification and Escrow Agreement (Secure America Acquisition CORP)

Indemnification of Third Party Claims. The indemnification obligations and liabilities under this Section 5.3 Article VII with respect to Actions actions, proceedings, lawsuits, investigations, demands or other claims brought against a Parent Indemnified Party or a Company Indemnified Party (each in such capacity, an “Indemnitee”) Indemnitee by a Person other than a Party hereto the NSAQ, SDI or Stockholder (a “Third Party Claim”) shall be subject to the following terms and conditions (for purposes of this Agreement, the “Indemnified Representative” means ParentNSAQ, acting through the Committee, with respect to an indemnification claim by a Parent Indemnified Partyan NSAQ Indemnitee, and the Member RepresentativeStockholder, with respect to an indemnification claim by a Company Indemnified Partyan SDI Indemnitee, and the “Indemnifying Representative” means the Member RepresentativeStockholder, with respect to an indemnification claim by a Parent Indemnified Partyan NSAQ Indemnitee, and ParentNSAQ, acting through the Committee, with respect to an indemnification claim by a Company Indemnified Party):an SDI Indemnitee:

Appears in 1 contract

Samples: Securities Purchase and Exchange Agreement (North Shore Acquisition Corp.)

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Indemnification of Third Party Claims. The indemnification obligations and liabilities under this Section 5.3 Article VII with respect to Actions actions, proceedings, lawsuits, investigations, demands or other claims brought against a Parent Indemnified Party or a Company Indemnified Party (each in such capacity, an “Indemnitee”) Indemnitee by a Person other than the Parent, the Company or a Party hereto Stockholder (a “Third Party Claim”) shall be subject to the following terms and conditions (for purposes of this Agreement, the “Indemnified Representative” means Parent, acting through the Committee, with respect to an indemnification claim by a Parent Indemnified PartyIndemnitee, and the Member Representative, with respect to an indemnification claim by a Company Indemnified PartyIndemnitee, and the “Indemnifying Representative” means the Member Representative, with respect to an indemnification claim by a Parent Indemnified PartyIndemnitee, and Parent, acting through the Committee, with respect to an indemnification claim by a Company Indemnified Party):Indemnitee:

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Victory Acquisition Corp)

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