Specific Indemnity Matters Clause Samples
The Specific Indemnity Matters clause defines particular situations or issues for which one party agrees to compensate the other for losses or liabilities. This clause typically lists certain known risks, such as pending litigation, environmental issues, or tax disputes, and obligates the indemnifying party to cover any resulting costs or damages. Its core function is to allocate responsibility for identified risks, ensuring that the party best positioned to manage or control those risks bears the financial consequences, thereby providing clarity and protection for both parties.
Specific Indemnity Matters. Notwithstanding anything to the contrary in this Agreement, the Buyer Indemnified Persons’ sole and exclusive remedy in connection with Damages within the subject matter of Section 2.4(l) shall be pursuant to Section 10.1(d).
Specific Indemnity Matters. Non-compliance in relation to the Vacant land and the SEZ Land or any documents executed in relation to such Vacant land and/or the SEZ Land;
Specific Indemnity Matters. The Sellers undertook before the Signing Date to perform a thorough legal and financial/tax legal sanity check of the Company and to remedy inconsistencies (if any) in Company’s operations and practices, so that all Sellers’ Representations and Warranties on the Signing Date are true, accurate and not misleading. Notwithstanding the aforesaid, the Sellers specifically undertake to hold harmless the Purchaser and/or the Company against any and all Damage that can result from facts and circumstances that existed prior to such alignment made by the Sellers/Company before the Signing Date.
Specific Indemnity Matters. 9.4.1(i) Key Employee Agreement 9.4.1(ii) Other Employee Agreement THIS SALE AND PURCHASE AGREEMENT is entered into on 30 January 2015, by and between
(1) Aura Capital Oy, a Finnish limited liability company with Business Identity Code 1084325-5, having its registered address at ▇▇▇▇▇▇▇▇ ▇, ▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇▇▇ (the “Investor Seller”); and
(2) The Individual Share Sellers, whose names and details are listed opposite to the list of shares owned by them in Appendix A.1 hereto (the “Individual Share Sellers”); and
(3) The Individual Option Sellers, whose names and details are listed opposite to the list of share option rights owned by them in Appendix B hereto (the “Individual Option Sellers”); and