Common use of No Right of Contribution Clause in Contracts

No Right of Contribution. Seller hereby irrevocably waives and releases any right of contribution or indemnification against the Company with respect to any claim for indemnification for which Seller is or becomes liable under this Agreement and any payment that Seller is or becomes obligated to make to any Purchaser Indemnified Party pursuant to this ARTICLE IX.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Proficient Auto Logistics, Inc), Agreement and Plan of Merger (Proficient Auto Logistics, Inc)

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No Right of Contribution. Seller Sellers hereby irrevocably waives waive and releases release any right of contribution contribution, subrogation, or indemnification against the Company with respect to any claim for indemnification for which Seller is Sellers are or becomes become liable under this Agreement and any payment that Seller is Sellers are or becomes become obligated to make to any Purchaser Indemnified Party pursuant to this ARTICLE IX.

Appears in 2 contracts

Samples: Contribution Agreement (Proficient Auto Logistics, Inc), Stock Purchase Agreement (Proficient Auto Logistics, Inc)

No Right of Contribution. Each Seller hereby irrevocably waives and releases any right of contribution contribution, subrogation, or indemnification against the Company with respect to any claim for indemnification for which such Seller is or becomes liable under this Agreement and any payment that such Seller is or becomes obligated to make to any Purchaser Indemnified Party pursuant to this ARTICLE IX.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Proficient Auto Logistics, Inc), Agreement and Plan of Merger (Proficient Auto Logistics, Inc)

No Right of Contribution. Seller hereby irrevocably waives and releases any right of contribution contribution, subrogation, or indemnification against the Company with respect to any claim for indemnification for which Seller is or becomes liable under this Agreement and any payment that Seller is or becomes obligated to make to any Purchaser Indemnified Party pursuant to this ARTICLE IXXI.

Appears in 1 contract

Samples: Stock Purchase Agreement (Distribution Solutions Group, Inc.)

No Right of Contribution. Seller hereby expressly and irrevocably waives and releases any right that Seller might otherwise have to contribution from either of contribution the Companies (or any similar right to recover any amount from any of the Companies) as a result of any Funds being utilized to satisfy any indemnification against the Company claims of any Buyer Indemnitee, or as a result of any payments by Seller with respect to any claim for indemnification for which Seller is or becomes liable under this Agreement and claims of any payment that Seller is or becomes obligated to make to any Purchaser Indemnified Party pursuant to this ARTICLE IXBuyer Indemnitee.

Appears in 1 contract

Samples: Stock Purchase Agreement (Chancellor Media Corp of Los Angeles)

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No Right of Contribution. Seller hereby irrevocably waives and releases any right of contribution contribution, subrogation, or indemnification against the Company Companies with respect to any claim for indemnification for which Seller is or becomes liable under this Agreement and any payment that Seller is or becomes obligated to make to any Purchaser Indemnified Party pursuant to this ARTICLE IXArticle XII.

Appears in 1 contract

Samples: Stock Purchase Agreement (Bright Health Group Inc.)

No Right of Contribution. Each Seller hereby irrevocably waives and releases any right of contribution contribution, subrogation, or indemnification against the Company with respect to any claim for indemnification for which such Seller is or becomes liable under this Agreement and any payment that such Seller is or becomes obligated to make to any Purchaser Indemnified Party pursuant to this ARTICLE IXXI.

Appears in 1 contract

Samples: Stock Purchase Agreement (Apollo Medical Holdings, Inc.)

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