Common use of Limit on Indemnity Clause in Contracts

Limit on Indemnity. So long as the Company does not conduct any ------------------ business or engage in any activities other than those described in the first sentence of the definition of "Business" (as such term is defined in the Stockholders' Agreement), each party waives its right to indemnification under this Article VI or any other right to assert any claim arising from any ---------- inaccuracy in the Company's representations and warranties set forth in Section ------- 4.10 or the violation by the Company of the covenant set forth in Section 5.2(d) ---- -------------- to the extent such Section relates to ineligible or prohibited activities of SBICs.

Appears in 3 contracts

Samples: Preferred Stock Purchase Agreement (Triton Management Co Inc), Preferred Stock Repurchase and Issuance Agreement (Triton PCS Inc), Triton PCS Holdings Inc

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Limit on Indemnity. So long as the Company does not conduct any ------------------ business or engage in any activities other than those described in the first sentence of the definition of "Business" (as such term is defined in the Stockholders' Stockholders Agreement), each party waives its right to indemnification under this Article VI VIII (or any other right to assert any claim) for any claim arising solely from any ---------- inaccuracy in the Company's representations and warranties set forth in the last sentence of Section ------- 4.10 5.5(h) or the violation by the Company of the covenant set forth in Section 5.2(d6.6(d) ---- -------------- to the extent such Section relates to ineligible or prohibited activities of SBICs.

Appears in 1 contract

Samples: Securities Purchase Agreement (Tritel Finance Inc)

Limit on Indemnity. So long as the Company does not conduct any ------------------ business or engage in any activities other than those described in the first sentence of the definition of "Business" (as such term is defined in the Stockholders' Agreement), each party waives its right to indemnification under this Article VI VIII or any other right to assert any claim arising from any ---------- inaccuracy in the Company's representations and warranties set forth in the first and last sentence of Section ------- 4.10 5.9 or the violation by the Company of the covenant set forth in Section 5.2(d6.5(d) ---- -------------- to the extent such Section relates to ineligible or prohibited activities of SBICs.

Appears in 1 contract

Samples: Puerto Rico Stock Purchase Agreement (Telecorp PCS Inc)

Limit on Indemnity. So long as the Company does not conduct any ------------------ business or engage in any activities other than those described in the first sentence of the definition of "Business" (as such term is defined in the Stockholders' Stockholders Agreement), each party waives its right to indemnification under this Article VI VIII or any other right to assert any claim arising from any ---------- inaccuracy in the Company's representations and warranties set forth in the first and last sentence of Section ------- 4.10 5.13 or the violation by the Company of the covenant set forth in Section 5.2(d6.6(d) ---- -------------- to the extent such Section relates to ineligible or prohibited activities of SBICs.

Appears in 1 contract

Samples: Securities Purchase Agreement (Triton PCS Inc)

Limit on Indemnity. So long as the Company does not conduct any ------------------ business or engage in any activities other than those described in the first sentence of the definition of "Business" (as such term is defined in the Stockholders' Stockholders Agreement), each party waives its right to indemnification under this Article VI VIII or any other right to assert any claim arising from any ---------- inaccuracy in the Company's representations and warranties set forth in the first and last sentence of Section ------- 4.10 5.13 or the violation by the Company of the covenant set forth in Section 5.2(d6.6(d) ---- -------------- to the extent such Section relates to ineligible or prohibited activities of SBICs.

Appears in 1 contract

Samples: Securities Purchase Agreement (Telecorp PCS Inc)

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Limit on Indemnity. So long as the Company does not conduct any ------------------ business or engage in any activities other than those described in the first sentence of the definition of "Business" (as such term is defined in the Stockholders' Agreement), each party waives its right to indemnification under this Article VI VIII or any other right to assert any claim arising from any ---------- ------------ inaccuracy in the Company's representations and warranties set forth in Section ------- 4.10 5.10 or the violation by the Company of the covenant set forth in Section 5.2(d6.6(d) ---- -------------- to the extent such Section relates to ineligible or prohibited activities of SBICs.

Appears in 1 contract

Samples: Norfolk Preferred Stock Purchase Agreement (Triton PCS Inc)

Limit on Indemnity. So long as the Company does not conduct any ------------------ business or engage in any activities other than those described in the first sentence of the definition of "Business" (as such term is defined in the Stockholders' Agreement), each party waives its right to indemnification under this Article VI VIII or any other right to assert any claim arising from any ---------- ------------ inaccuracy in the Company's representations and warranties set forth in Section ------- 4.10 5.10 or the violation by the Company of the covenant set forth in Section 5.2(d6.6(d) ---- -------------- to the extent such Section relates to ineligible or prohibited activities of SBICs.

Appears in 1 contract

Samples: Norfolk Preferred Stock Purchase Agreement (Triton PCS Holdings Inc)

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