Examples of AppLogiq Group in a sentence
Lova shall not make, and shall not permit any member of the AppLogiq Group to make, any claim or demand, or commence any Action asserting any claim or demand, including any claim of contribution or any indemnification, against Logiq or any other member of the Logiq Group, or any other Person released pursuant to Section 3.1(a), with respect to any Liabilities released pursuant to Section 3.1(a).
Notwithstanding anything to the contrary herein, any AppLogiq Employee who is employed by a member of the Logiq Group in a non-US jurisdiction immediately prior to the Distribution, and who is required by applicable Law to transfer to a member of the AppLogiq Group in connection with the Transactions, will transfer automatically on the Business Transfer Date to a member of the AppLogiq Group in accordance with such applicable Law.
As between members of the Logiq Group, on the one hand, and members of the AppLogiq Group, on the other hand, the members of the AppLogiq Group will be solely responsible for all AppLogiq Liabilities, on a joint and several basis.
Lova shall also be entitled, in perpetuity, to control the assertion or waiver of all privileges and immunities in connection with any Privileged Information that relates solely to any AppLogiq Liabilities resulting from any Actions that are now pending or may be asserted in the future, whether or not the Privileged Information is in the possession or under the control of any member of the AppLogiq Group or any member of the Logiq Group.
Lova will cause to be performed, and hereby guarantees the performance of, all actions, agreements and obligations set forth in this Agreement or in any Ancillary Agreement to be performed by any member of the AppLogiq Group.
Logiq shall pay, and shall indemnify and hold the AppLogiq Group harmless from and against, without duplication, all Logiq Taxes, (b) all Taxes incurred by Lova or any AppLogiq Entity by reason of the breach by Logiq of any of its representations, warranties or covenants hereunder, and (c) any external costs and expenses related to the foregoing (including reasonable attorneys’ fees and expenses but excluding any expenses described in Section 2.03).
The Parties recognize that legal and other professional services will be provided following the Effective Time, which services will be rendered solely for the benefit of the Logiq Group or the AppLogiq Group, as the case may be.
Not less than 10 calendar days prior to the anticipated Business Transfer Date, Lova will, or will cause an applicable member of the AppLogiq Group to, present its terms and conditions of employment (including terms and conditions in respect of post-Distribution compensation and benefits) to the AppLogiq Employees.
In no event shall Logiq, any other member of the Logiq Group or any Logiq Indemnitee have any Liability or obligation whatsoever to any member of the AppLogiq Group in the event that any insurance policy or other contract or policy of insurance shall be terminated or otherwise cease to be in effect for any reason, shall be unavailable or inadequate to cover any Liability of any member of the AppLogiq Group for any reason whatsoever or shall not be renewed or extended beyond the current expiration date.
Notwithstanding anything in this Agreement to the contrary, neither Lova or any member of the AppLogiq Group, on the one hand, nor Logiq or any member of the Logiq Group, on the other hand, shall be liable under this Agreement to the other for any indirect, punitive, exemplary, remote, speculative or similar damages in excess of compensatory damages of the other arising in connection with the transactions contemplated hereby (other than any such Liability with respect to a Third-Party Claim).