Common use of Secondary Liability Clause in Contracts

Secondary Liability. The General Partner hereby agrees to be secondarily liable for all obligations of the Company with respect to indemnification, advancement of Expenses and contribution contained in this Agreement if and to the extent that any such obligations are not satisfied in full by the Company.

Appears in 2 contracts

Samples: Indemnification Agreement (Viper Energy Partners LP), Indemnification Agreement (Viper Energy Partners LP)

AutoNDA by SimpleDocs

Secondary Liability. The General Partner hereby agrees to be secondarily liable for all obligations of the Company Partnership with respect to indemnification, advancement of Expenses and contribution contained in this Agreement if and to the extent that any such obligations are not satisfied in full by the CompanyPartnership.

Appears in 1 contract

Samples: Form of Indemnification Agreement (Rattler Midstream Lp)

AutoNDA by SimpleDocs

Secondary Liability. The General Partner hereby agrees to be secondarily liable for all obligations of the Company Partnership with respect to indemnification, advancement of Expenses and contribution contained in this Agreement if and to the extent that any such obligations are not satisfied in full by the CompanyPartnership. [Signature Page Follows.]

Appears in 1 contract

Samples: Form of Indemnification Agreement (Rattler Midstream Lp)

Time is Money Join Law Insider Premium to draft better contracts faster.