Common use of Subrogation of Rights Vis-A-Vis Third Party Contractors Clause in Contracts

Subrogation of Rights Vis-A-Vis Third Party Contractors. In the event any liability arises from the performance of the Management Services hereunder by a third party contractor, upon indemnification of a Party and/or its representatives, including but not limited to such Party’s officers, directors, employees, accountants, counsel, investment bankers, financial advisors and consultants, the other Party shall be subrogated to such rights, if any, as such indemnified Party may have against such third party contractor with respect to the Management Services provided by such third party contractor.

Appears in 4 contracts

Samples: Transitional Administrative and Management Services Agreement (M-Tron Industries, Inc.), Transitional Administrative and Management Services Agreement (M-Tron Industries, Inc.), Transitional Administrative and Management Services Agreement (M-Tron Industries, Inc.)

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Subrogation of Rights Vis-A-Vis Third Party Contractors. In the event any liability arises from the performance of the Management Services hereunder by a third party contractor, upon indemnification of a Party LICT and/or its representatives, including but not limited to such PartyLICT’s officers, directors, employees, accountants, counsel, investment bankers, financial advisors and consultants, the other Party SPINCO shall be subrogated to such rights, if any, as such indemnified Party LICT may have against such third party contractor with respect to the Management Services provided by such third party contractor.

Appears in 2 contracts

Samples: Transitional Services Agreement (MachTen, Inc.), Transitional Services Agreement (MachTen, Inc.)

Subrogation of Rights Vis-A-Vis Third Party Contractors. In the event any liability Liability arises from the performance of the Management Services hereunder by a third party contractor, upon indemnification of a Party and/or its representatives, including but not limited to such Party’s officers, directors, employees, accountants, counsel, investment bankers, financial advisors and consultants, the other Party Receiving Company shall be subrogated to such rights, if any, as such indemnified Party the Providing Company may have against such third party contractor with respect to the Management Services provided by such third party contractorcontractor to or on behalf of the Receiving Company.

Appears in 1 contract

Samples: Interim Services and Systems Replication Agreement (Teradata Corp /De/)

Subrogation of Rights Vis-A-Vis Third Party Contractors. In the event any liability arises from the performance of the Management Services hereunder by a third party contractor, upon indemnification of a Party Associated Capital and/or its representatives, including but not limited to such PartyAssociated Capital’s officers, directors, employees, accountants, counsel, investment bankers, financial advisors and consultants, the other Party New Cxxxxxxx shall be subrogated to such rights, if any, as such indemnified Party Associated Capital may have against such third party contractor with respect to the Management Services provided by such third party contractor.

Appears in 1 contract

Samples: Administrative Services Agreement (New Comstock Fund, Inc.)

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Subrogation of Rights Vis-A-Vis Third Party Contractors. In the event any liability arises from the performance of the Management Services hereunder by a third party contractor, upon indemnification of a the Receiving Party and/or its representatives, including but not limited to such Party’s officers, directors, employees, accountants, counsel, investment bankers, financial advisors and consultants, the other Party shall will be subrogated to such rights, if any, as such indemnified the Providing Party may have against such third party contractor with respect to the Management Services provided by such third party contractorcontractor to or on behalf of the Receiving Party.

Appears in 1 contract

Samples: Services Agreement (DreamWorks Animation SKG, Inc.)

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