The Indemnification Agreement Clause Samples
The Indemnification Agreement is a contractual provision that requires one party to compensate the other for certain losses, damages, or liabilities that may arise during the course of their relationship. Typically, this clause outlines the specific types of claims or damages covered, such as third-party lawsuits or breaches of contract, and details the process for making indemnification claims. Its core practical function is to allocate risk between the parties, ensuring that the party best positioned to prevent or control certain risks bears the financial responsibility if those risks materialize.
The Indemnification Agreement. In connection with the transactions contemplated by this Agreement, the Buyer and the Parent are entering into an indemnification agreement dated simultaneously with the date hereof (the "Indemnification Agreement").
The Indemnification Agreement. The Buyers shall have received a counterpart executed copy of the "Indemnification Agreement" from each of the Stockholders in substantially the form of Exhibit "D" attached hereto.
The Indemnification Agreement. The Parent shall have executed and delivered the Indemnification Agreement.
The Indemnification Agreement. The Buyers shall have received a counterpart executed copy of the "Indemnification Agreement" from the Progressive Entities and each Progressive Entity's stockholders or members, as applicable, in substantially the form of Exhibit "D" attached hereto.
The Indemnification Agreement. The Articles of Incorporation, Bylaws, corporate minute books and corporate stock certificate books of the Company and WC.
The Indemnification Agreement. The Indemnification Agreement shall have been duly executed by Buyer and the Company and delivered to Seller. 7.6 NO MATERIAL ADVERSE EFFECT. Since the date hereof, there is no Material Adverse Effect which has occurred with respect to Buyer that is continuing. 7.7
The Indemnification Agreement. The Indemnification Agreement shall have been duly executed by Seller and delivered to Buyer.