Examples of AppLogiq Group in a sentence
This Agreement is solely for the benefit of the Parties and does not confer on third parties (including any employees of any member of the Logiq Group or the AppLogiq Group) any remedy, claim, reimbursement, claim of action or other right in addition to those existing without reference to this Agreement; provided, however, that this Section 6.8 does not limit any rights of Logiq pursuant to Section 4.3.
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).
Logiq shall not make, and shall not permit any other member of the Logiq 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 Lova or any other member of the AppLogiq Group, or any other Person released pursuant to Section 3.1(b), with respect to any Liabilities released pursuant to Section 3.1(b).
Lova will, or will cause or will cause an applicable AppLogiq Group member to, maintain such comparable employment with respect to each Continuing Employee during the one-year period that begins as of the Business Transfer Date or such shorter period as such Continuing Employee remains an employee of an Employing Entity following the Distribution (the “Continuation Period”).
At or prior to the Business Transfer Date, Logiq will transfer the employment of each In-Scope Employee to Lova or another member of the AppLogiq Group.
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.
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.
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).
As of the Business Transfer Date, Lova will, or will cause an applicable AppLogiq Group member to, provide to each Continuing Employee employment in a position at least comparable to that held by such Continuing Employee immediately before the Distribution.
Notwithstanding anything to the contrary in this Agreement, the Transaction Agreement or any Ancillary Agreement, Logiq may, in its sole discretion, cause the employment of any In-Scope Employee to be transferred to any entity within the AppLogiq Group at any time prior to the Distribution in connection with the Restructuring Plan.