Common use of Notices and Defense of Indemnified Matters Clause in Contracts

Notices and Defense of Indemnified Matters. (a) For purposes of this Section 16.05, the term “Indemnifying Party” when used in connection with particular Losses shall mean the party or parties having an obligation to indemnify another party or parties with respect to such losses pursuant to this Agreement, and the term “Indemnified Party” when used in connection with particular Losses shall mean the party or parties having the right to be indemnified with respect to such Losses by another party or parties pursuant to this Agreement.

Appears in 4 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement (Parsley Energy, Inc.), Purchase and Sale Agreement (Linn Energy, LLC)

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Notices and Defense of Indemnified Matters. (a) For purposes of this Section 16.05, the term “Indemnifying Party” when used in connection with particular Losses shall mean the party or parties Party having an obligation to indemnify another party or parties Person with respect to such losses Losses pursuant to this Agreement, and the term “Indemnified Party” when used in connection with particular Losses shall mean the party or parties Persons having the right to be indemnified with respect to such Losses by another party or parties the Indemnifying Party pursuant to this Agreement.

Appears in 3 contracts

Samples: Purchase and Sale Agreement (Resolute Energy Corp), Purchase and Sale Agreement (Resolute Energy Corp), Purchase and Sale Agreement (Resolute Energy Corp)

Notices and Defense of Indemnified Matters. (a) For purposes of this Section 16.05, the term “Indemnifying Party” when used in connection with particular Losses shall mean the party or parties having an obligation under this Article XVI to indemnify another party or parties with respect to such losses Losses pursuant to this Agreement, and the term “Indemnified Party” when used in connection with particular Losses shall mean the party or parties having the right to be indemnified or otherwise protected with respect to such Losses by another party or parties pursuant to this Agreement.

Appears in 3 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement, Purchase and Sale Agreement (Legacy Reserves Lp)

Notices and Defense of Indemnified Matters. (a) For purposes of this Section 16.0516.07, the term “Indemnifying Party” when used in connection with particular Losses shall mean the party or parties having an obligation under this Article XVI to indemnify another party or parties with respect to such losses Losses pursuant to this Agreement, and the term “Indemnified Party” when used in connection with particular Losses shall mean the party or parties having the right to be indemnified or otherwise protected with respect to such Losses by another party or parties pursuant to this Agreement.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Mid-Con Energy Partners, LP), Purchase and Sale Agreement (Mid-Con Energy Partners, LP)

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Notices and Defense of Indemnified Matters. (a) For purposes of this Section 16.0518.05, the term “Indemnifying Party” when used in connection with particular Losses shall mean the party or parties having an obligation to indemnify another party or parties with respect to such losses pursuant to this Agreement, and the term “Indemnified Party” when used in connection with particular Losses shall mean the party or parties having the right to be indemnified with respect to such Losses by another party or parties pursuant to this Agreement.

Appears in 2 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement (Kodiak Oil & Gas Corp)

Notices and Defense of Indemnified Matters. (a) For purposes of this Section 16.0512.05, the term “Indemnifying Party” when used in connection with particular Losses shall mean the party or parties having an obligation under this Article XII to indemnify another party or parties with respect to such losses Losses pursuant to this Agreement, and the term “Indemnified Party” when used in connection with particular Losses shall mean the party or parties having the right to be indemnified or otherwise protected with respect to such Losses by another party or parties pursuant to this Agreement.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Parsley Energy, Inc.)

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