Common use of No Circular Recovery Clause in Contracts

No Circular Recovery. Notwithstanding anything to the contrary in this Agreement, the Seller hereby agrees that it will not make any claim for indemnification against the Buyer, any Buyer Indemnified Person or the Company by reason of the fact that the Seller was a controlling person, director, employee or representative of the Company with respect to any claim brought by a Buyer Indemnified Person against the Seller relating to this Agreement or any of the transactions contemplated hereby or that is based on any facts or circumstances that form the basis for an indemnification claim by a Buyer Indemnified Person hereunder.

No Circular Recovery. Notwithstanding anything to the contrary in this Agreement, the Seller hereby Xxxxxx agrees that it will not make any claim for indemnification against the Buyer, Buyer or any Buyer Indemnified Person or the Company by reason of the fact that the Seller was a controlling person, director, officer, employee or representative of the Company Seller with respect to any claim brought by a Buyer Indemnified Person against the Seller relating to this Agreement or any of the transactions contemplated hereby Contemplated Transactions or that is based on any facts or circumstances that form the basis for an indemnification claim Indemnity Claim by a Buyer Indemnified Person hereunder.

No Circular Recovery. Notwithstanding anything to the contrary in this Agreement, the Seller hereby agrees that it will not make any claim for indemnification against the Buyer, any Buyer Indemnified Person or the Company by reason of the fact that the Seller was a controlling person, director, employee or representative of the Company with respect to any claim brought by a Buyer Indemnified Person against the any Seller relating to this Agreement or any of the transactions contemplated hereby or that is based on any facts or circumstances that form the basis for an indemnification claim by a Buyer Indemnified Person hereunder.

No Circular Recovery. Notwithstanding anything to the contrary in this Agreement, the each Seller hereby agrees that he, she or it will not make any claim for indemnification against the Buyer, any Buyer Indemnified Person or the Company by reason of the fact that the such Seller was a controlling person, director, employee or representative of the Company with respect to any claim brought by a Buyer Indemnified Person against the any Seller relating to this Agreement or any of the transactions contemplated hereby Contemplated Transactions or that is based on any facts or circumstances that form the basis for an indemnification claim Indemnity Claim by a Buyer Indemnified Person hereunder.

No Circular Recovery. Notwithstanding anything to the contrary in this Agreement, the each Seller hereby agrees that he, she or it will not make any claim for indemnification against the Buyer, any Buyer Indemnified Person or the Company hereunder by reason of the fact that the such Seller was a controlling person, director, officer, employee or representative of the any Acquired Company with respect to any claim brought by a Buyer Indemnified Person against the any Seller relating to this Agreement or any of the transactions contemplated hereby Contemplated Transactions or that is based on any facts or circumstances that form the basis for an indemnification claim Indemnity Claim by a Buyer Indemnified Person hereunder.

No Circular Recovery. Notwithstanding anything to the contrary in this Agreement, the each Seller hereby agrees that he, she or it will not make any claim for indemnification against the Buyer, Buyer or any other Buyer Indemnified Person or (including, after the Company Closing, any Acquired Company) by reason of the fact that the such Seller was a controlling personPerson, director, manager, officer, employee or representative Representative of the any Acquired Company with respect to any claim brought by a Buyer Indemnified Person against the any Seller relating to this Agreement or any of the transactions contemplated hereby Contemplated Transactions or that is based on any facts or circumstances that form the basis for an indemnification indemnity claim by a Buyer Indemnified Person hereunder.