Common use of Procedure for Indemnification Claims Clause in Contracts

Procedure for Indemnification Claims. For purposes of this Agreement, each of Seller and Buyer may be referred to as an “Indemnifying Party” in connection with their indemnification obligations herewith. For purposes of this Agreement, Buyer Indemnitees and Seller Indemnitees may be referred to individually as an “Indemnitee” or collectively as “Indemnitees.” The procedures to be followed with respect to indemnification claims based upon or arising out of any claim, action or proceeding by any person not a party to this Agreement, shall be as follows:

Appears in 9 contracts

Samples: Asset Purchase Agreement (Stratus Services Group Inc), Asset Purchase Agreement (Hyperion Energy, Inc.), Asset Purchase Agreement (Stratus Services Group Inc)

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Procedure for Indemnification Claims. For purposes of this Agreement, each of Seller and Buyer may be referred to as an "Indemnifying Party" in connection with their indemnification obligations herewith. For purposes of this Agreement, Buyer Indemnitees and Seller Indemnitees may be referred to individually as an "Indemnitee" or collectively as "Indemnitees." The procedures to be followed with respect to indemnification claims based upon or arising out of any claim, action or proceeding by any person not a party to this Agreement, shall be as follows:

Appears in 4 contracts

Samples: Asset Purchase Agreement (Stratus Services Group Inc), Asset Purchase Agreement (Stratus Services Group Inc), Asset Purchase Agreement (Stratus Services Group Inc)

Procedure for Indemnification Claims. For purposes of this Agreement, each of Seller Seller, Xx. Xxxxx and Buyer may be referred to as an “Indemnifying Party” in connection with their indemnification obligations herewith. For purposes of this Agreement, Buyer Indemnitees and Seller Indemnitees may be referred to individually as an “Indemnitee” or collectively as “Indemnitees.” The procedures to be followed with respect to indemnification claims based upon or arising out of any claim, action or proceeding by any person not a party to this Agreement, shall be as follows:

Appears in 1 contract

Samples: Asset Purchase Agreement (AccountAbilities, Inc.)

Procedure for Indemnification Claims. For purposes of this Agreement, each of Seller the Sellers, Shareholder and Buyer may be referred to as an “Indemnifying Party” in connection with their indemnification obligations herewith. For purposes of this Agreement, Buyer Indemnitees and Seller Indemnitees may be referred to individually as an “Indemnitee” or collectively as “Indemnitees.” The procedures to be followed with respect to indemnification claims based upon or arising out of any claim, action or proceeding by any person not a party to this Agreement, shall be as follows:

Appears in 1 contract

Samples: Asset Purchase Agreement (Stratus Services Group Inc)

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Procedure for Indemnification Claims. For purposes of this Agreement, each of Seller and Buyer may be referred to as an “Indemnifying Party” in connection with their indemnification obligations herewith. For purposes of this Agreement, Buyer Indemnitees and Seller Indemnitees may be referred to individually as an “Indemnitee” or collectively as “Indemnitees.” The procedures to be followed with respect to indemnification claims based upon or arising out of any claim, action or proceeding by any person not a party to this Agreement, shall be as follows:

Appears in 1 contract

Samples: Asset Purchase Agreement (AccountAbilities, Inc.)

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