Examples of Assignor Indemnified Parties in a sentence
The Indemnifying Party shall not, except with the written consent of the Indemnified Party, consent to the entry of any judgment or enter into any settlement that does not include as an unconditional term thereof the giving by the person asserting such Third-Party Claim of an unconditional release from all liability with respect to such Third-Party Claim to all Indemnified Parties (i.e., Assignor Indemnified Parties or Assignee Indemnified Parties, as the case may be).
The Assignee Indemnified Parties and Assignor Indemnified Parties are intended to be third party beneficiaries of the rights granted under this Section 9.2 and to have the right to enforce such rights directly against the applicable Indemnifying Party.
Nothing in this Agreement, express or implied, is intended to confer upon any person or entity other than the parties hereto and their respective permitted successors and assigns, any rights, benefits or obligations hereunder, except for express language with respect to the Assignor Indemnified Parties and the Assignee Indemnified Parties contained in the indemnification provisions of Article VI.
Assignor and Assignee may elect to exercise or not exercise indemnification rights under this Section 6 on behalf of the other Assignor Indemnified Parties and Assignee Indemnified Parties, respectively, affiliated with it in its sole discretion and shall have no liability to any such other Indemnified Party for any action or inaction under this Section 6(h).