Common use of No Circular Recovery Clause in Contracts

No Circular Recovery. Each Stockholder hereby agrees that he or it will not make any claim for indemnification against the Parent, the Company, or the Surviving Corporation by reason of the fact that such Stockholder was a Representative of the Company or was serving as such for another Person at the request of the Company (whether such claim is for Losses of any kind or otherwise and whether such claim is pursuant to any Law, Organizational Document, Contract, or otherwise) with respect to any claim brought by a Parent Indemnitee against any Stockholder relating to this Agreement or any of the transactions contemplated hereby. With respect to any claim brought by a Parent Indemnitee against any Stockholder relating to this Agreement or any of the transactions contemplated hereby, each Stockholder expressly waives any right of subrogation, contribution, advancement, indemnification, or other claim against the Company with respect to any amounts such Stockholder is liable for pursuant to the indemnification provisions set forth in ARTICLE VI or this ARTICLE VIII.

No Circular Recovery. Each Stockholder Company Holder hereby agrees that he or it will not make any claim for indemnification against the Parent, the Company, or the Surviving Corporation by reason of the fact that such Stockholder Company Holder was a Representative of the Company or was serving as such for another Person at the request of the Company (whether such claim is for Losses of any kind or otherwise and whether such claim is pursuant to any Law, Organizational Document, Contract, or otherwise) with respect to any claim brought by a Parent Indemnitee against any Stockholder Company Holder relating to this Agreement or any of the transactions contemplated hereby. With respect to any claim brought by a Parent Indemnitee against any Stockholder Company Holder relating to this Agreement or any of the transactions contemplated hereby, each Stockholder Company Holder expressly waives any right of subrogation, contribution, advancement, indemnification, or other claim against the Company with respect to any amounts such Stockholder Company Holder is liable for pursuant to the indemnification provisions set forth in ARTICLE VI or this ARTICLE VIII.

No Circular Recovery. Each Stockholder Shareholder hereby agrees that he or it will not make any claim for indemnification against the Parent, the Company, or the Surviving Corporation Entity by reason of the fact that such Stockholder Shareholder was a Representative of the Company or was serving as such for another Person at the request of the Company (whether such claim is for Losses of any kind or otherwise and whether such claim is pursuant to any Law, Organizational Document, Contract, or otherwise) with respect to any claim brought by a Parent Indemnitee against any Stockholder Shareholder relating to this Agreement or any of the transactions contemplated hereby. With respect to any claim brought by a Parent Indemnitee against any Stockholder Shareholder relating to this Agreement or any of the transactions contemplated hereby, each Stockholder Shareholder expressly waives any right of subrogation, contribution, advancement, indemnification, or other claim against the Company with respect to any amounts such Stockholder Shareholder is liable for pursuant to the indemnification provisions set forth in ARTICLE VI or this ARTICLE VIII.

No Circular Recovery. Each No Company Stockholder hereby agrees that he or it will not shall make any claim for indemnification against the Parent, the CompanyBuyer, Company or the Surviving Corporation by reason of the fact that such Company Stockholder was a Representative controlling person, director, employee or representative of the Company or the Surviving Corporation or was serving as such for another Person at the request of the Buyer or the Company (whether such claim is for Losses of any kind or otherwise and whether such claim is pursuant to any Lawstatute, Organizational Documentorganizational document, Contract, contractual obligation or otherwise) with respect to any claim brought by a Parent Indemnitee against any Company Stockholder relating to this Agreement or any of the transactions contemplated herebyhereunder. With respect to any claim brought by a Parent Indemnitee against any Company Stockholder relating to this Agreement or any of the transactions contemplated herebyhereunder, each Company Stockholder shall expressly waives waive any right of subrogation, contribution, advancement, indemnification, indemnification or other claim against the Company with respect to any amounts owed by such Company Stockholder is liable for pursuant to the indemnification provisions set forth in ARTICLE VI or this ARTICLE Article VIII.