Limitation on Contribution and Certain Other Rights Sample Clauses

Limitation on Contribution and Certain Other Rights. Each of the Founding Stockholders hereby agrees that if, following the Closing, any payment is made by such Founding Stockholder, or otherwise becomes due from such Founding Stockholder, pursuant to Section 5.2 in respect of any Losses (a "Loss Payment"), such Founding Stockholder shall have no rights against the Acquired Company, or any director, officer or employee thereof (in their capacity as such), whether by reason of contribution, indemnification, subrogation or otherwise, in respect of any such Loss Payment, and shall not take any action against the Acquired Company or any such person with respect thereto.
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Limitation on Contribution and Certain Other Rights. Each Seller hereby agrees that if, following the Closing Date, any Losses become due from such Seller pursuant to this Section 7.2 (a “Loss Payment ”), such Seller shall have no rights against Lime, the Company or any of their directors, officers or employees (in their capacity as such), whether by reason of contribution, indemnification, subrogation or otherwise, in respect of any such Loss Payment, and each Seller shall not take any action against Lime or any such Person with respect thereto.
Limitation on Contribution and Certain Other Rights. The Consenting Stockholder hereby agrees that if, following the Effective Time, any Losses become due from the Consenting Stockholder pursuant to this Section 6.2 (a “Loss Payment”), the Consenting Stockholder shall have no rights against Parent, the Company or any of their directors, officers or employees (in their capacity as such), whether by reason of contribution, indemnification, subrogation or otherwise, in respect of any such Loss Payment, and the Consenting Stockholder shall not take any action against Parent or any such Person with respect thereto.
Limitation on Contribution and Certain Other Rights. The Company and the Stockholders hereby agree that if, following the Closing, any claim is made by any Stockholder, or otherwise becomes due from any Stockholder, pursuant to Section 5.2 in respect of any Losses (a "LOSS PAYMENT"), such Stockholders shall have no rights against the Company, or any director, officer or employee thereof (in their capacity as such), whether by reason of contribution, indemnification, subrogation or otherwise, in respect of any such Loss Payment, and shall not take any action against the Company or any such person with respect thereto; provided, however, that the foregoing limitation shall not apply to any claim against the Company's directors, officers or employees for fraud.
Limitation on Contribution and Certain Other Rights. If any claim is made against or otherwise becomes due from the Stockholder Indemnifying Party pursuant to Section 5.2 in respect of any Losses (a “Loss Payment”), the Stockholder Indemnifying Party will have no rights against the Company, any subsidiary or any director, officer or employee thereof, whether by reason of contribution, indemnification, subrogation or otherwise in respect of that Loss Payment, and shall not take any action against the Company or any such Person with respect thereto.
Limitation on Contribution and Certain Other Rights. The Company Stockholders, Qualifying Option Holders and Bonus Pool Recipients hereby agree that, if following the Closing, any Claim is made by any Parent Indemnified Person or otherwise becomes due from the Company Stockholders, Qualifying Option Holders and Bonus Pool Recipients pursuant to this Article X in respect of any Damages, the Company Stockholders, Qualifying Option Holders and Bonus Pool Recipients shall not have any rights against the Surviving Corporation or any Person who is or was a director, officer, member, manager or employee of the Company or the Surviving Corporation, whether by reason of contribution, indemnification, subrogation or otherwise, with respect thereto, and the Company Stockholders, Qualifying Option Holders and Bonus Pool Recipients shall not take any action against the Surviving Corporation or any such director, officer, member, manager or employee with respect thereto.
Limitation on Contribution and Certain Other Rights. The Company and the Holder Representative hereby agree that if, following the Effective Time, any claim is made by any Seller Indemnified Party or any amount otherwise becomes due from any Seller Indemnified Party pursuant to this Article XI in respect of any Losses (a “Loss Payment”), then, subject to the provisions of Section 5.1, such Seller Indemnified Party shall have no rights against the Surviving Corporation or any director, officer or employee thereof (in their capacity as such), whether by reason of contribution, indemnification, subrogation or otherwise, in respect of any such Loss Payment, and shall not take any action against the Surviving Corporation or any such person with respect thereto.
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Limitation on Contribution and Certain Other Rights. The Company and the Shareholders hereby agree that if, following the Closing, any claim is made by any Shareholder, or otherwise becomes due from any Shareholder, pursuant to this Section 7 in respect of any Losses (a “Loss Payment”), such Shareholder shall have no rights against the Company, or any director, officer or employee thereof (in their capacity as such), whether by reason of contribution, indemnification, subrogation or otherwise, in respect of any such Loss Payment, and shall not take any action against the Company or any such person with respect thereto, provided, however, that this Section 7.5, shall not limit any Shareholder’s rights against any other Shareholders of the Company, in their capacity as such, whether by reason of contribution, indemnification, subrogation or otherwise, in respect of any such Loss Payment resulting from such other Shareholder breach of its representations and warranties under Section 2A.
Limitation on Contribution and Certain Other Rights. Each Seller Indemnifying Party hereby agrees that, if following the Closing, any claim for Losses is made by any Parent Indemnified Person or otherwise becomes due from such Seller Indemnifying Party pursuant to and in accordance with this Article X in respect of any Losses, such Seller Indemnifying Party shall not have any rights against the Company or any of its Subsidiaries in respect of such claim, in any such case to the extent of such Seller Indemnifying Party’s indemnification obligations pursuant to this Article X in respect of such Losses, whether by reason of contribution, indemnification, subrogation or otherwise, with respect thereto, notwithstanding the terms of the Company’s or its Subsidiaries’ charter, bylaws, other organizational documents or any other agreement between the Company or any of its Subsidiaries and such Seller Indemnifying Party.
Limitation on Contribution and Certain Other Rights. Each Party hereby agrees that if, following the Closing, any amount becomes due from any Seller pursuant to this Section Article XII in respect of any Losses (a “Loss Payment”), such Seller shall have no rights against Purchaser, the Company, or any other Purchaser Indemnified Party, whether by reason of contribution, indemnification, subrogation or otherwise, in respect of any such Loss Payment, and shall not take any action against Purchaser, the Company or any such Purchaser Indemnified Party with respect thereto.
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