Common use of TRANSFER INDEMNIFICATION AND CONTRIBUTION PROVISIONS Clause in Contracts

TRANSFER INDEMNIFICATION AND CONTRIBUTION PROVISIONS. Each Partner shall indemnify, defend and hold the Partnership and each other Partner, and the shareholders, partners, employees, agents, members and Affiliates thereof, harmless from any Liabilities in any way arising from the failure of a Transfer of any interest in the Partnership (including any Transfer of an interest in any partners, members or shareholders of the indemnifying Partner, or the partners, members or shareholders therein, and regardless of whether occurring before or after the date of this Agreement) to comply with all applicable federal and state securities laws, including all registration or qualification requirements and anti-fraud requirements, or the impact of such Transfer upon compliance of the Partnership and its Partners with those securities laws in connection with any previous Transfer of an interest in the Partnership. Should the preceding indemnity be unenforceable to any extent, then, to such extent the Partner otherwise required to so indemnify the Partnership and the other Partner shall be obligated to contribute to any loss, liability, cost or expense resulting from the actions, omissions or events set forth in the above indemnification to the extent of its responsibility therefor, as determined by the trier of fact.

Appears in 3 contracts

Samples: Limited Partnership Agreement (3100 Glendale Joint Venture), Limited Partnership Agreement (3100 Glendale Joint Venture), Limited Partnership Agreement (3100 Glendale Joint Venture)

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TRANSFER INDEMNIFICATION AND CONTRIBUTION PROVISIONS. Each Partner shall indemnify, defend and hold the Partnership and each other Partner, and the shareholders, partners, employees, agents, members and Affiliates thereof, harmless from any Liabilities in any way arising from the failure of a Transfer of any interest in the Partnership (including any Transfer of an interest in any partners, members or shareholders of the indemnifying Partner, or in the direct or indirect partners, members or shareholders therein, and regardless of whether occurring before or after the date of this Agreement) to comply with all applicable federal and state securities laws, including all registration or qualification requirements and anti-fraud requirements, or arising from the impact of such Transfer upon compliance of the Partnership and its Partners with those securities laws in connection with any previous Transfer of an interest in the Partnership. Should the preceding indemnity be unenforceable to any extent, then, to such extent the Partner otherwise required to so indemnify the Partnership and the other Partner Partners shall be obligated to contribute to any loss, liability, cost or expense resulting from the actions, omissions or events set forth in the above indemnification to the extent of its responsibility therefor, as determined by the trier of fact.

Appears in 2 contracts

Samples: Limited Partnership Agreement (Mack Cali Realty L P), Partnership Agreement (Mack Cali Realty L P)

TRANSFER INDEMNIFICATION AND CONTRIBUTION PROVISIONS. Each Partner shall indemnify, defend and hold the Partnership and each the other Partner, and the shareholders, partners, employees, agents, members and Affiliates thereof, harmless from any Liabilities in any way arising from the failure of a Transfer of any interest in the Partnership (including any Transfer of an interest in any partners, members or shareholders of the indemnifying Partner, or the partners, members or shareholders therein, and regardless of whether occurring before or after the date of this Agreement) to comply with all applicable federal and state securities laws, including all registration or qualification requirements and anti-fraud requirements, or the impact of such Transfer upon compliance of the Partnership and its Partners with those securities laws in connection with any previous Transfer of an interest in the Partnership. Should the preceding indemnity be unenforceable to any extent, then, to such extent the Partner otherwise required to so indemnify the Partnership and the other Partner shall be obligated to contribute to any loss, liability, cost or expense resulting from the actions, omissions or events set forth in the above indemnification to the extent of its responsibility therefor, as determined by the trier of fact.

Appears in 1 contract

Samples: Limited Partnership Agreement (Insignia Financial Group Inc)

TRANSFER INDEMNIFICATION AND CONTRIBUTION PROVISIONS. [35] 40 Each Partner shall indemnify, defend and hold the Partnership and each other Partner, and the shareholders, partners, employees, agents, members and Affiliates thereof, harmless from any Liabilities in any way arising from the failure of a Transfer of any interest in the Partnership (including any Transfer of an interest in any partners, members or shareholders of the indemnifying Partner, or the partners, members or shareholders therein, and regardless of whether occurring before or after the date of this Agreement) to comply with all applicable federal and state securities laws, including all registration or qualification requirements and anti-fraud requirements, or the impact of such Transfer upon compliance of the Partnership and its Partners with those securities laws in connection with any previous Transfer of an interest in the Partnership. Should the preceding indemnity be unenforceable to any extent, then, to such extent the Partner otherwise required to so indemnify the Partnership and the other Partner shall be obligated to contribute to any loss, liability, cost or expense resulting from the actions, omissions or events set forth in the above indemnification to the extent of its responsibility therefor, as determined by the trier of fact.

Appears in 1 contract

Samples: Limited Partnership Agreement (3100 Glendale Joint Venture)

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TRANSFER INDEMNIFICATION AND CONTRIBUTION PROVISIONS. Each Partner shall indemnify, defend and hold the Partnership and each other Partner, and the shareholders, partners, employees, agents, members and Affiliates thereof, harmless from any Liabilities in any way arising from the failure of a Transfer of any interest in the Partnership (including any Transfer of an interest in any partners, members or shareholders of the indemnifying Partner, or the partners, members or shareholders therein, and regardless of whether occurring before or after the date of this Agreement) to comply with all applicable federal and state securities laws, including all registration or qualification requirements and anti-fraud requirements, or the impact of such Transfer upon compliance of [35] 40 the Partnership and its Partners with those securities laws in connection with any previous Transfer of an interest in the Partnership. Should the preceding indemnity be unenforceable to any extent, then, to such extent the Partner otherwise required to so indemnify the Partnership and the other Partner shall be obligated to contribute to any loss, liability, cost or expense resulting from the actions, omissions or events set forth in the above indemnification to the extent of its responsibility therefor, as determined by the trier of fact.

Appears in 1 contract

Samples: Limited Partnership Agreement (3100 Glendale Joint Venture)

TRANSFER INDEMNIFICATION AND CONTRIBUTION PROVISIONS. Each Partner shall indemnify, defend and hold the Partnership and each other Partner, and the shareholders, partners, employees, agents, members and Affiliates thereof, harmless from any Liabilities in any way arising from the failure of a Transfer of any interest in the Partnership (including any Transfer of an interest in any partners, members or shareholders of the indemnifying Partner, or the partners, members or [35] 40 shareholders therein, and regardless of whether occurring before or after the date of this Agreement) to comply with all applicable federal and state securities laws, including all registration or qualification requirements and anti-fraud requirements, or the impact of such Transfer upon compliance of the Partnership and its Partners with those securities laws in connection with any previous Transfer of an interest in the Partnership. Should the preceding indemnity be unenforceable to any extent, then, to such extent the Partner otherwise required to so indemnify the Partnership and the other Partner shall be obligated to contribute to any loss, liability, cost or expense resulting from the actions, omissions or events set forth in the above indemnification to the extent of its responsibility therefor, as determined by the trier of fact.

Appears in 1 contract

Samples: Limited Partnership Agreement (3100 Glendale Joint Venture)

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