No Right to Contribution Sample Clauses

No Right to Contribution. From and after the Closing, (a) neither the Sellers’ Representative nor any Seller shall make any claim for indemnification, contribution, reimbursement, set-off or similar rights of recovery from the Acquiror, the Company, any Transferred Subsidiary or any of their respective officers, directors or employees with respect to any Losses of an Acquiror Indemnified Party arising under or in connection with Section 10.02(a), and (b) the Sellers’ Representative, on its own behalf and on behalf of all Sellers, hereby waives and relinquishes any and all rights to indemnification, contribution, reimbursement, set-off or similar rights of recovery, whether known or unknown, against the Acquiror, the Company, any Transferred Subsidiary or any of their respective officers, directors or employees that it has or may have in the future with respect to any breach by, default or non-performance by the Company or any Transferred Subsidiary under any representation, warranty or Pre-Closing Covenant contained in this Agreement or any action or omission occurring prior to the Closing that may be alleged to have resulted in any Losses of an Acquiror Indemnified Party arising under or in connection with this Agreement.
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No Right to Contribution. None of the Stockholders shall have any claim or right to contribution or indemnity from the Company, any Subsidiary thereof or any of the other Buyer Indemnified Parties (including under any provisions of any certificate of incorporation, articles of incorporation, bylaws, certificate of formation, articles of organization, limited liability company agreement, operating agreement or other organizational documents, as amended, of the Company or any Subsidiary thereof or any indemnification or similar agreement) with respect to any Losses or claims for indemnification pursuant to this Article 9 or other amounts required to be paid by any of the Stockholders pursuant to this Agreement.
No Right to Contribution. 75 8.8 Exclusive Remedy.......................................................75 8.9
No Right to Contribution. The Shareholders acknowledge and agree that, after the Closing Date, no Covered Company shall have any Liability or responsibility for Damages to the Shareholders or any of their Affiliates on account of any claim made by any member of the Purchaser Indemnified Group under this Agreement or any other Transaction Document, and the Shareholders shall not have any right of contribution against any Covered Company with respect to any such claim made by any member of the Purchaser Indemnified Group.
No Right to Contribution. The Seller shall not make any claim for contribution from the Company or any of its Subsidiaries or any of their respective officers, directors, managers or employees with respect to any indemnity claims arising under or in connection with this Agreement to the extent that any Buyer Indemnified Person is entitled to indemnification hereunder for such claim, and the Seller hereby waives any such right of contribution from the Company, any of its Subsidiaries and any of their respective officers, directors, managers or employees it has or may have in the future. The Seller further agrees not to make, directly or indirectly, and hereby waives, any claim for indemnification against the Company or its Subsidiaries by reason of the fact that the Seller or any of its Affiliates or Representatives was a member, manager, officer, employee or agent of the Company (whether such claim is pursuant to any Law, organizational document, contract or otherwise) with respect to any claim brought by a Buyer Indemnified Person against the Seller or any Affiliate or Representative thereof (whether such claim is pursuant to this Agreement or otherwise). ARTICLE X
No Right to Contribution. The Stockholders shall have no right to claim or receive contribution from the Company in respect of any payments made or required to be made by Stockholders pursuant to this Article 10.

Related to No Right to Contribution

  • No Right to Continued Service Neither the Plan nor this Agreement shall confer upon the Grantee any right to be retained in any position, as an Employee, Consultant or Director of the Company. Further, nothing in the Plan or this Agreement shall be construed to limit the discretion of the Company to terminate the Grantee’s Continuous Service at any time, with or without Cause.

  • No Right to Continued Employment Nothing in this Agreement shall be deemed to confer on the Employee any right to continue in the employ of the Company or any Subsidiary, or to interfere with or limit in any way the right of the Company or any Subsidiary to terminate such employment at any time.

  • No Right to Continue Service or Employment Nothing herein shall be construed to confer upon the Participant the right to continue in the employ or to provide services to the Company or any Subsidiary, whether as an Employee or as a Contractor or as an Outside Director, or interfere with or restrict in any way the right of the Company or any Subsidiary to discharge the Participant as an Employee, Contractor, or Outside Director at any time.

  • No Right to Cancel You do not have the right to cancel your subscription or change your mind. Once you sign this Investment Agreement, you are obligated to purchase the Note, no matter what, even if the Offering is over-subscribed and the amount of your Note is reduced.

  • No Right to Withdraw No Member shall have any right to resign or withdraw from the Company without the consent of the other Members or to receive any distribution or the repayment of its capital contribution except as provided in Section 7.2 and Article IX upon dissolution and liquidation of the Company. No Member shall have any right to have the fair value of its Membership Interest in the Company appraised and paid out upon the resignation or withdrawal of such Member or any other circumstances.

  • Right to Contest Borrower, at its own expense, may contest by appropriate legal proceedings, conducted diligently and in good faith, the amount or validity of any Imposition other than Insurance premiums and Ground Rent (if applicable), if: (i) Borrower notifies Lender of the commencement or expected commencement of such proceedings, (ii) the Mortgaged Property is not in danger of being sold or forfeited, (iii) if Borrower has not already paid the Imposition, Borrower deposits with Lender reserves sufficient to pay the contested Imposition, if requested by Lender, and (iv) Borrower furnishes whatever additional security is required in the proceedings or is reasonably requested by Lender, which may include the delivery to Lender of reserves established by Borrower to pay the contested Imposition.

  • FAILURE TO CONTRIBUTE Pursuant to Section 00-00-000 of the Act, any contribution must be satisfied by the Member within sixty (60) days from the date of the call for capital. If a Member fails to make its required contributions to the Company, then the other Members may seek enforcement of the obligation to contribute capital. Any remedy under the Act may be pursued, including allowing the individual to become a Member without a transferable interest, provided there is unanimous consent from all Members who have satisfied their contribution obligations.

  • No Right to Continued Employment or Service This Agreement and the grant of Restricted Stock hereunder shall not confer, or be construed to confer, upon the Recipient any right to employment or service, or continued employment or service, with the Company or any Related Entity.

  • No Right to Set-Off The Recipient shall timely pay the full amount of Service Charges and Reimbursement Charges and shall not set-off, counterclaim or otherwise withhold any amount owed to the Provider under this Agreement on account of any obligation owed by the Provider to the Recipient.

  • RIGHT TO CONTINUED EMPLOYMENT Nothing in the Plan or this Agreement shall confer on you any right to continue in the employ of the Company or any subsidiary or affiliate of the Company or any specific position or level of employment with the Company or any subsidiary or affiliate of the Company or affect in any way the right of the Employer to terminate your employment without prior notice at any time for any reason or no reason.

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