Transferors’ Agreement to Indemnify. (a) Subject to the terms and conditions set forth herein, from and after the Closing until the end of the applicable Survival Period, Transferor shall indemnify, defend and hold harmless each of the NGL Group Entities and their respective Subsidiaries, directors, officers, employees, Affiliates, controlling persons, members, shareholders, agents, representatives, successors and assigns (collectively, the “NGL Indemnified Parties”) from and against all liability, demands, claims, actions or causes of action, assessments, losses, damages, judgments, demands, awards, fines, Taxes (including interest and penalties thereon), costs and expenses (including, without limitation, reasonable attorneys’ and other professional fees and expenses) (collectively, “Damages”) asserted against, or incurred by, any NGL Indemnified Party as a result of or arising out of or under:
Appears in 4 contracts
Samples: LLC Interest Transfer Agreement, LLC Interest Transfer Agreement, LLC Interest Transfer Agreement (NGL Energy Partners LP)
Transferors’ Agreement to Indemnify. (a) Subject to the terms and conditions set forth herein, from and after the Closing until the end of the applicable Survival Period, each Transferor shall severally (and not jointly) indemnify, defend and hold harmless each of the NGL Group Entities and their respective Subsidiaries, directors, officers, employees, Affiliates, controlling persons, members, shareholders, agents, representatives, successors and assigns (collectively, the “NGL Indemnified Parties”) from and against all liability, demands, claims, actions or causes of action, assessments, losses, damages, judgments, demands, awards, fines, Taxes (including interest and penalties thereon), costs and expenses (including, without limitation, reasonable attorneys’ and other professional fees and expenses) (collectively, “Damages”) asserted against, or incurred by, any NGL Indemnified Party as a result of or arising out of or under:
Appears in 3 contracts
Samples: LLC Interest Transfer Agreement, LLC Interest Transfer Agreement (NGL Energy Partners LP), LLC Interest Transfer Agreement (NGL Energy Partners LP)
Transferors’ Agreement to Indemnify. (a) Subject to the terms and conditions set forth herein, from and after the Closing until the end of the applicable Survival Period, each Transferor shall jointly and severally indemnify, defend and hold harmless each of the NGL Group Entities and their respective Subsidiaries, directors, officers, employees, Affiliates, controlling persons, members, shareholders, agents, representatives, successors and assigns (collectively, the “NGL Indemnified Parties”) from and against all liability, demands, claims, actions or causes of action, assessments, losses, damages, judgments, demands, awards, fines, Taxes (including interest and penalties thereon), costs and expenses (including, without limitation, reasonable attorneys’ and other professional fees and expenses) (collectively, “Damages”) asserted against, or incurred by, any NGL Indemnified Party as a result of or arising out of or under:
Appears in 1 contract
Samples: Interest Transfer Agreement (NGL Energy Partners LP)