Limitation on Indemnity Obligation. 7.3 Omezení povinnosti nahradit škodu Each Party’s indemnification obligations are conditioned upon the Indemnitee (a) promptly notifying the indemnifying party of any Claim (but not later than 15 business days after becoming aware of the such Claim), provided that failure to comply wit the foregoing notice obligations shall not relieve the indemnifying party of their obligation unless such failure has materially prejudiced their ability to defend against the Claim, (b) permitting the indemnifying party assume and sole control the defense of such claim and all related settlement negotiations (except if the Indemnitee is a publicly funded institution, since in that case the Indemnitee shall permit the indemnifying party to join/take part in the control of the defense of such claims and settlement negotiations), and (c) reasonably Podmínkou pro vznik povinnosti nahradit škodu, která platí pro všechny strany, je, že odškodňovaná osoba (a) o nároku informuje odškodňující stranu neprodleně (nejpozději do 00 xxxxxxxxxx xxx xxx xxx, kdy se o nároku dozví), avšak s tím, že nedodržení této povinnosti nezbavuje odškodňující stranu povinnosti nahradit škodu, pokud tím nedošlo k podstatnému omezení její možnosti hájit se proti nároku, (b) umožní odškodňující straně převzít a výhradně řídit obhajobu proti nároku a veškerá související jednání o vypořádání (kromě případů, kdy odškodňovaná osoba je financována z veřejných zdrojů, neboť v takovém případě odškodňovaná osoba umožní odškodňující osobě připojit se/zapojit se do vedení obhajoby proti takovému nároku a do jednání o vypořádání), a (c) poskytne přiměřenou cooperating with the defense or settlement of such Claim, which cooperation shall include, without limitation, providing reasonable assistance and information at no cost tot the indemnifying party; provided, however, the Indemnifying Party shall not enter into any settlement that admits fault or liability on behalf of the Indemnitee or imposes obligations upon the Indemnitee without the prior written consent of Indemnitee, which consent shall not be unreasonably withheld, conditioned or delayed.The Sponsor’s liability to reimburse the Institution under this provision shall not be limited to the amount payable under any insurance required to be carried by Sponsor but shall extend to the full amount of the Institution’s actual damages in the amount of subject’s claim or of subject's legal representative's claim successfully claimed under Czech legal order.The same ...
Limitation on Indemnity Obligation. KNE's obligation to indemnify TBI under this Article X shall not exceed $20,000,000.00, in the aggregate.
Limitation on Indemnity Obligation. Each Party’s indemnification obligations are conditioned upon the Indemnitee (a) promptly notifying the indemnifying party of any Claim (but not later than 20 business days after becoming aware of the such Claim), provided that failure to comply wit the foregoing notice obligations shall not relieve the indemnifying poštou na adresu uvedenou v čl.16 Smlouvy; (f) v případě, že mu na jeho žádost Zdravotnické zařízení neumožnilo zúčastnit se mimosoudního vyjednávání o nároku; (g) v případě, že Zdravotnické zařízení uznalo nárok, aniž k tomu předem získalo písemné schválení Zadavatele. 7.2 Odškodnění Zdravotnickým zařízením Zdravotnické zařízení v rozsahu stanoveném příslušným pravomocným rozsudkem, ze kterého bude vyplývat jeho odpovědnost za způsobenou škodu vůči dále uvedeným osobám či v rozsahu ujednaném v mimosoudní dohodě smluvních stran, odškodní, bude bránit a zprostí odpovědnosti Zadavatele a jeho zaměstnance, výkonné řídící pracovníky, členy statutárních orgánů a zástupce (dále „Odškodňované osoby na straně Zadavatele“) v případě vzniku jakýchkoli a veškerých Nároků uplatněných třetí stranou proti Odškodňované osobě na straně Zadavatele na základě toho, že (a) Odškodňovaná osoba na straně Zdravotnického zařízení se dopustila nedbalosti či opomenutí nebo vědomého porušení povinností v souvislosti s touto Smlouvou; (b) Odškodňovaná osoba na straně Zdravotnického zařízení porušila jakékoli prohlášení, ujištění nebo závazek podle této Smlouvy; (c) Odškodňovaná osoba na straně Zdravotnického zařízení nedodržela Protokol nebo Zadavatelova písemná doporučení či písemné pokyny ohledně podávání a použití Hodnoceného léčiva, jakéhokoli komparačního produktu nebo placeba; (d) Odškodňovaná osoba na straně Zdravotnického zařízení nedodržela jakýkoli příslušný zákon nebo předpis; (e) Odškodňovaná osoba na straně Zdravotnického zařízení neprováděla Studii v souladu s požadavky této Smlouvy. Odškodnění ze strany Zdravotnického zařízení se nebude vztahovat na případy, v jakém lze Nároky pokládat za důsledek nedbalého jednání, vědomého porušení povinností nebo porušení této Smlouvy ze strany Zadavatele. 7.3 Omezení závazku poskytnout odškodnění Závazky všech smluvních stran poskytnout odškodnění jsou podmíněny tím, že Odškodňovaná osoba (a) neprodleně vyrozumí odškodňující stranu o jakémkoli Nároku (nejpozději však do 20 pracovních dnů od chvíle, kdy se o takovém Nároku dozví), avšak s tím, že nedodržení této
Limitation on Indemnity Obligation. The obligations to indemnify, defend and hold harmless set forth above in this Section 12.0 (Indemnity) will not apply to the extent the Indemnified Party was responsible for giving rise to the matter upon which the claim or action for indemnification is based and will not apply to the extent to which the Indemnified Party fails to (i) promptly notify the Indemnifying Party of any matters in respect of which the indemnity may apply and of which the Indemnified Party has knowledge (provided, however, that any delay in providing such notice will not relieve the Indemnifying Party of its obligations under this Section 12.0 to the extent such delay does not materially prejudice the Indemnifying Party’s defense of any such claim or action); (ii) gives the Indemnifying Party the full opportunity to control the response thereto and the defense thereof, including any agreement relating to the settlement thereof, provided, however, that the Indemnifying Party will not settle any such claim or action without the prior written consent of the Indemnified Party (which will not be unreasonably withheld or delayed); and (iii) cooperates with the Indemnifying Party, at the Indemnifying Party’s cost and expense, in the defense or settlement thereof. The Indemnified Party may participate, at its own expense, in such defense and in any settlement discussions directly or through counsel of its choice on a monitoring, non-controlling basis.
Limitation on Indemnity Obligation. Each Party’s indemnification obligations are conditioned upon the Indemnitee (a) promptly notifying the indemnifying party of any Claim (but not later than 15 business days after becoming aware of the such Claim), provided that failure to comply wit the foregoing notice 7.3 Omezení povinnosti nahradit škodu Podmínkou pro vznik povinnosti nahradit škodu, která platí pro všechny strany, je, že odškodňovaná osoba (a) o nároku informuje odškodňující stranu neprodleně (nejpozději do 15 pracovních dnů ode dne, kdy se o nároku dozví), avšak s tím, že nedodržení této
Limitation on Indemnity Obligation. Except with respect to claims for ---------------------------------- indemnification for Member Damages and Special Damages, the Escrow Consideration shall constitute the sole and exclusive remedy of Keynote and the Surviving Corporation with respect to Damages. In seeking indemnification for Damages under Section 11.2, the Keynote Indemnified Persons shall first exercise their remedies with respect to the Escrow Consideration and any other assets deposited in escrow pursuant to the terms of Section 2.2 and Article 11 hereof and then, solely with respect to Member Damages and Special Damages may seek recovery of such Damages against any other assets of the Digital Content Member. Each Digital Content Member agrees that claims for indemnification against such person under this Article 11 may be satisfied by the forfeiture of such person's Per Membership Interest Consideration as provided for in this Article 11 and that no Keynote Indemnified Person shall have any obligation to exercise its remedies against any other assets of such Digital Content Member prior to exercising them against such Per Membership Interest Consideration.
Limitation on Indemnity Obligation. (a) Notwithstanding anything in this Article X to the contrary, to the extent indemnification is sought under Section 10.1(a) or 10.2(a), the Seller or the Buyer, as the case may be, shall be required to provide indemnification only at such time as the aggregate amount of Losses arising under Section 10.1(a) or 10.2(a), as the case may be, exceeds $2,000,000, in which event the Indemnifying Party (as the case may be) shall only indemnify for the amount of Losses in excess of such minimum amount of Losses. Notwithstanding anything in Section 10.1 or 10.2 to the contrary, the cumulative indemnification obligation of the Seller, on the one hand, and the Buyer, on the other, in respect of any and all claims arising under Sections 10.1(a) or Section 10.2(a), as the case may be, shall not exceed $30,000,000. The limitations on indemnification set forth in this Section 10.3(a) shall in no event apply to any claim in respect of Losses arising from or related to any breach of any representation or warranty in Sections 4.4, 4.11 or 4.16.
Limitation on Indemnity Obligation. (a) Except with respect to claims for indemnification for Shareholder Damages and Special Damages, the Escrow Shares shall constitute the sole and exclusive remedy of Keynote and the Surviving Corporation with respect to Damages. In seeking indemnification for Damages under Section 11.2, the Keynote Indemnified Persons shall first exercise their remedies with respect to the Escrow Shares and any other assets deposited in escrow pursuant to the terms of Section 2.5 and Article 11 hereof and then, solely with respect to Shareholder Damages and Special Damages may seek recovery of such Damages against any other assets of the Velogic Shareholder. Each Velogic Shareholder agrees that claims for indemnification against such person under this Article 11 may be satisfied by the forfeiture of such person's shares of Keynote Common Stock (including fractions of a share thereof) as provided for in this Article 11 and that no Keynote Indemnified Person shall have any obligation to exercise its remedies against any other assets of such Velogic Shareholder prior to exercising them against such shares of Keynote Common Stock. In the event of a Capital Change after the Effective Time, the Keynote Average Price Per Share will, for purposes of this Section 11.3, be proportionally and equitably adjusted. Notwithstanding the foregoing, in no event shall any claim for Special Damages against any Velogic Shareholder exceed the value of the Keynote securities received by such Velogic Shareholder in the Merger.
Limitation on Indemnity Obligation. 35 8.4. Procedure for Indemnification with Respect to Third-Party Claims............................................................................ 35 8.5. Procedure For Indemnification with Respect to Non- Third-Party Claims............................................................................ 36
Limitation on Indemnity Obligation. Notwithstanding anything in this agreement to the contrary, indemnification sought under Article 8 shall be satisfied solely from the Indemnification Escrowed Funds. The Parent and the Surviving Corporation shall not be entitled to indemnification hereunder with respect to an Indemnifiable Claim (as defined below) (or, if more than one Indemnifiable Claim is asserted, with respect to all Indemnifiable Claims) until the aggregate amount of Losses with respect to such Indemnifiable Claim or Claims exceeds $10,000, in which event the indemnity provided for in this Article 8 shall be with respect to the entire amount of Losses without regard to the limitations set forth above, and further provided, that prior to termination of the Indemnification Escrow, the Parent and the Surviving Corporation shall be entitled to indemnification with respect to all Indemnifiable Claims, regardless of the aggregate amount of such Claims.
