Common use of Limitation of Liability of Indemnitees Clause in Contracts

Limitation of Liability of Indemnitees. (a) Notwithstanding anything to the contrary set forth in this Agreement or under the Act or any other law, rule or regulation at equity, no Indemnitee shall be liable for monetary damages or otherwise to the Partnership, to another Partner, to any other Person who acquires an interest in the Partnership or to any other Person bound by this Agreement, for losses sustained or liabilities incurred, of any kind or character, as a result of its or any other Indemnitee’s determinations, act(s) or omission(s) in their capacities as Indemnitees; provided however, that an Indemnitee shall be liable for losses or liabilities sustained or incurred by the Partnership, any Partners, any other Persons who acquire an interest in the Partnership or any other Person bound by this Agreement, if it is determined by a final non-appealable judgment entered by a court of competent jurisdiction that such losses or liabilities were the result of the conduct engaged by such Indemnitee being in in Bad Faith or with respect to any criminal conduct, with the knowledge that such Indemnitee’s conduct was unlawful.

Appears in 5 contracts

Samples: Agreement (Columbia Pipeline Partners LP), Agreement (Columbia Pipeline Partners LP), Agreement (Columbia Pipeline Partners LP)

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Limitation of Liability of Indemnitees. (a) Notwithstanding anything to the contrary set forth in this Agreement Agreement, any Group Member Agreement, or under the Delaware Act or any other law, rule or regulation or at equity, no Indemnitee shall be liable for monetary damages or otherwise to the Partnership, to another Partner, to the Partners or any other Person Persons who acquires an interest have acquired interests in the Partnership or to any other Person bound by this AgreementInterests, for losses sustained or liabilities incurred, of any kind or character, as a result of its or any of any other Indemnitee’s determinations, act(s) or omission(s) in their capacities as Indemnitees; provided however, that an Indemnitee shall be liable for losses or liabilities sustained or incurred by the Partnership, any Partners, the Partners or any other Persons who acquire an interest have acquired interests in the Partnership or any other Person bound by this AgreementInterests, if it is determined by a final and non-appealable judgment entered by a court of competent jurisdiction that such losses or liabilities were the result of the conduct of that Indemnitee engaged in by such Indemnitee being in it in Bad Faith or with respect to any criminal conduct, with the knowledge that such Indemnitee’s its conduct was unlawful.

Appears in 3 contracts

Samples: Partnership Agreement (CVR Refining, LP), CVR Refining, LP, CVR Energy Inc

Limitation of Liability of Indemnitees. (a) Notwithstanding anything to the contrary set forth in this Agreement or under the Delaware LP Act or any other law, rule or regulation or at equity, no Indemnitee shall be liable for monetary damages or otherwise to the Partnership, to another Partner, to any other Person who acquires an interest in the a Partnership Interest or to any other Person bound by this Agreement, for losses sustained or liabilities incurred, of any kind or character, as a result of its or any of any other Indemnitee’s determinations, act(s) or omission(s) in their capacities as Indemnitees; provided however, that an Indemnitee shall be liable for losses or liabilities sustained or incurred by the Partnership, any the other Partners, any other Persons who acquire an interest in the a Partnership Interest or any other Person bound by this Agreement, if it is determined by a final and non-appealable judgment entered by a court of competent jurisdiction that such losses or liabilities were the result of the conduct of that Indemnitee engaged in by such Indemnitee being in it in Bad Faith or with respect to any criminal conduct, with the knowledge that such Indemnitee’s its conduct was unlawful.

Appears in 1 contract

Samples: Antero Midstream GP LP

Limitation of Liability of Indemnitees. (a) Notwithstanding anything to the contrary set forth in this Agreement or under the Act or any other law, rule or regulation at equity, no Indemnitee shall be liable for monetary damages or otherwise to the Partnership, to another Partner, to any other Person who acquires an interest in the Partnership or to any other Person bound by this Agreement, for losses sustained or liabilities incurred, of any kind or character, as a result of its or any other Indemnitee’s determinations, act(s) or omission(s) in their capacities as Indemnitees; provided however, that an Indemnitee shall be liable for losses or liabilities sustained or incurred by the Partnership, any Partners, any other Persons who acquire an interest in the Partnership or any other Person bound by this Agreement, if it is determined by a final non-appealable judgment entered by a court of competent jurisdiction that such losses or liabilities were the result of the conduct engaged by such Indemnitee being in in Bad Faith or with respect to any criminal conduct, with the knowledge that such Indemnitee’s conduct was unlawful.

Appears in 1 contract

Samples: Agreement (Westlake Chemical Partners LP)

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Limitation of Liability of Indemnitees. (a) Notwithstanding anything to the contrary set forth in this Agreement or under the Act or any other law, rule or regulation at equity, no Indemnitee shall be liable for monetary damages or otherwise to the Partnership, to another Partner, to any other Person who acquires an interest in the Partnership or to any other Person bound by this Agreement, for losses sustained or liabilities incurred, of any kind or character, as a result of its or any other Indemnitee’s determinationsIndemnitee 's determinations , act(s) or omission(s) in their capacities as Indemnitees; provided however, that an Indemnitee shall be liable for losses or liabilities sustained or incurred by the Partnership, any Partners, any other Persons who acquire an interest in the Partnership or any other Person bound by this Agreement, if it is determined by a final non-appealable judgment entered by a court of competent jurisdiction that such losses or liabilities were the result of the conduct engaged by such Indemnitee being in in Bad Faith or with respect to any criminal conduct, with the knowledge that such Indemnitee’s 's conduct was unlawful.

Appears in 1 contract

Samples: CPG OpCo LP

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