Examples of Acquiror Indemnitees in a sentence
Notwithstanding the foregoing, the Acquiror Indemnitees are intended third-party beneficiaries of Article X of this Agreement.
The Acquiror Indemnitees shall use reasonable efforts to collect any amounts available under such insurance coverage and from such other party alleged to have responsibility.
Suspension of Certain Covenants................................................
The Acquiror Indemnitees hereby, except as specifically reserved under this Article 9, (a) waive any remedies or claims that may be available under Environmental Laws relating to the subject matter of this Agreement, and (b) release Contributors from any claim, demand or liability with respect to any environmental matters relating to the subject matter of this Agreement, including any such claims arising under Environmental Laws.
The obligation of Seller and Owners to indemnify the Acquiror Indemnitees under Section 6.2(a)(v) will only arise once the aggregate of such Losses incurred by the party seeking indemnification exceeds One Hundred Fifty Thousand Dollars ($150,000) (the “Basket Amount”).