Owner Indemnitees Clause Samples
The "Owner Indemnitees" clause defines a group of individuals or entities—typically the property owner and their affiliates, officers, directors, and employees—who are entitled to protection under an indemnity provision in a contract. In practice, this clause specifies that if a third party brings a claim or lawsuit related to the project or agreement, the indemnifying party must cover losses, damages, or legal costs incurred by these protected persons. Its core function is to allocate risk by ensuring that the owner and related parties are shielded from certain liabilities arising from the actions or omissions of the other contracting party.
Owner Indemnitees. Except as otherwise required by law, in no event shall You or any of Your Indemnitees be liable to GBCI or any third party, with respect to any and all claims, rights, claims for indemnification or otherwise, for any special, indirect, incidental, punitive, or consequential damage regarding this Agreement or resulting from or in connection with the performance of this Agreement by You or any of Your Indemnitees. Regardless of the foregoing, and without limiting any other provision herein, GBCI’s sole remedy with respect to You and Your Indemnitees shall be limited to the sum not exceeding five (5) times the Fees paid by You under this Agreement; provided, however that You agree that this limit shall not be applicable in the event of any misappropriation or infringement of GBCI’s or IWBI’s intellectual property rights, including but not limited to infringement of the Marks, by You or Your Indemnitees.
Owner Indemnitees. Except as otherwise required by law or as provided in Article 13, in no event shall You or any of Your Indemnitees be liable to GBCI or any third party, with respect to any and all claims, rights, claims for indemnification or otherwise, for any special, indirect, incidental, punitive, or consequential damage regarding this Agreement or resulting from or in connection with the performance of this Agreement by You or any of Your Indemnitees. Regardless of the foregoing, and except for claims of gross negligence, willful misconduct or indemnification obligations which are set forth in Article 13, GBCI’s sole remedy with respect to You and Your Indemnitees shall not exceed two (2) times the amount of Fees paid or payable by You under this Agreement; provided, however that You agree that this limit shall not be applicable in the event of any misappropriation or infringement of GBCI’s or IWBI’s intellectual property rights, including but not limited to infringement or unauthorized use of the Marks, by You or Your Indemnitees.
Owner Indemnitees. The term "Owner Indemnitees" shall have the meaning set forth in Section 14.1.
Owner Indemnitees. “Owner Indemnitees” shall mean Owner, its shareholders, partners, members, officers, directors, and employees.
Owner Indemnitees. Except as otherwise required by law, in no event shall You or any of Your indemnities be liable to Arc or any third party, with respect to any and all claims, rights, claims for indemnification or otherwise, for any direct, special, indirect, incidental, punitive, or consequential damage regarding this Agreement or resulting from or in connection with the performance of this Agreement by You or any of Your indemnitees. Regardless of the foregoing, and without limiting any other provision herein, (1) Arc’s sole remedy with respect to You and Your indemnitees shall be limited to the sum not exceeding five (5) times the fees paid by You under this Agreement, provided, however that You agree that this limit shall not be applicable in the event of any misappropriation or infringement of Arc’s intellectual property rights, including but not limited to violation of the marks, by You or Your indemnitees.
Owner Indemnitees. PJM Net Capability Verification Test ..
Owner Indemnitees. Except as otherwise required by law, in no event shall You or any of Your indemnitees be liable to GBCI Canada or any third party, with respect to any and all claims, rights, claims for indemnification or otherwise, for any direct, special, indirect, incidental, punitive, or consequential damage regarding this Agreement or resulting from or in connection with the performance of this Agreement by You or any of Your Indemnitees. Regardless of the foregoing, and without limiting any other provision herein, GBCI Canada’s sole remedy with respect to You and Your Indemnitees shall be limited to the sum not exceeding five (5) times the fees paid by You under this Agreement, provided, however that You agree that this limit shall not be applicable in the event of any misappropriation or infringement of GBCI’s intellectual property rights, including but not limited to violation of the use restrictions applicable to the Marks, the Standards or the Program by You or Your Indemnitees.