INDEMNITY & LIMITED LIABILITY Sample Clauses

INDEMNITY & LIMITED LIABILITY. 15.1 The Client agrees to indemnify and hold Colmex Pro harmless and Service Provider(s) and their respective principles, affiliates and agents from and against all claims, demands, proceedings, suits and actions and all losses (direct, indirect or otherwise), liabilities, costs and expenses (including attorney fees and disbursements), paid in settlement, incurred or suffered by Colmex Pro and/or Service Provider(s) and/or Colmex Pro’s or their respective principals, affiliates and agents arising from or relating to the Client’s use of the Online Service or the transactions contemplated hereunder. This indemnity provision shall survive termination of this Agreement. 15.2 The Client shall indemnify the Company and keep the Company indemnified at all times against all losses, expenses, costs, and liabilities of any kind or nature which may be suffered or incurred by the Company: (a) As a direct or indirect result of any failure of the Client to perform any of his obligations under this Agreement; and/or (b) In relation to any instruction given to the Company by an authorised representative of the Client; and/or (c) In relation to any instruction, which appears to the Company to be given by an authorised representative of the Client; and/or (d) Where the Client and/or the authorised representative of the Client and/or any person which appears to the Company to be an authorised representative of the Company, has provided false and/or misleading information for any transaction. 15.3 This Indemnity shall survive the termination of this Agreement. The Company shall not be liable for: (a) any loss, expense, cost or liability of any kind or nature suffered or incurred by the Client unless such loss, expense, cost or liability of any kind or nature is suffered or incurred as a result of the Company’s gross negligence and/or fraud on behalf of the Company and/or the intended failure of the Company’s obligations under this Agreement; and/or (b) any acts or omissions of an authorised representative or a person which appears to the Company to be an authorised representative of the Client which provides the Company with false and/or misleading information of the Client’s instructions unless such acts or omissions were the result of the Company’s gross negligence and/or fraud on behalf of the Company; and/or (c) any loss of opportunity that results in a reduction in the values of the Client’s transactions, regardless of the cause of such reduction, except to the extent th...
AutoNDA by SimpleDocs
INDEMNITY & LIMITED LIABILITY 

Related to INDEMNITY & LIMITED LIABILITY

  • Limited Liability Except as provided by the Act, the debts, obligations and liabilities of the Company, whether arising in contract, tort or otherwise, shall be solely the debts, obligations and liabilities of the Company, and the Member shall not be obligated personally for any such debt, obligation or liability of the Company solely by reason of being a member of the Company.

  • The Limited Liability Company The Members have created a limited liability company: The operations of the Company shall be governed by the laws located in the State of Governing Law and in accordance with this Agreement as follows:

  • Unlimited Liability Neither party will exclude or limit its liability for damages resulting from: a) unauthorized use or disclosure of Confidential Information, b) either party’s breach of its data protection and security obligations that result in an unauthorized use or disclosure of personal data,

  • Formation of Limited Liability Company The Company was formed on January 13, 2017, pursuant to the Delaware Limited Liability Company Act, 6 Del. C. § 18-101, et seq., as amended from time to time (the “Delaware Act”), by the filing of a Certificate of Formation of the Company with the office of the Secretary of the State of Delaware. The rights and obligations of the Member and the administration of the Company shall be governed by this Agreement and the Delaware Act. To the extent this Agreement is inconsistent in any respect with the Delaware Act, this Agreement shall control.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!