Examples of Buyer Indemnifiable Damages in a sentence
Suncoast and Shareholder each agrees to indemnify, defend and hold Buyer harmless from and against the aggregate of all Buyer Indemnifiable Damages (as defined below); provided, however, that the aggregate indemnification liability of Suncoast and Shareholder collectively shall not exceed the Purchase Price (plus any costs of collection).
No claim for the recovery of any Buyer Indemnifiable Damages or Sellers Indemnifiable Damages with respect to the representations and warranties in this Agreement may be asserted by any of the parties after such representations and warranties shall expire in accordance with the terms of this Agreement; PROVIDED, HOWEVER, that claims for Buyer Indemnifiable Damages or Sellers Indemnifiable Damages first asserted within the applicable period shall not thereafter be barred.
Further, Seller shall not be liable under this Article 8 for any Buyer Indemnifiable Damages based upon or arising out of any inaccuracy in or breach of any of the representations or warranties of Seller contained in this Agreement if Buyer had knowledge of such inaccuracy or breach prior to the Closing.
Without limiting the generality of the foregoing, with respect to the measurement of the Buyer Indemnifiable Damages, each of the Buyer Indemnified Parties shall have the right to be put in the same pre-tax consolidated financial position as it would have been in had each of the representations and warranties of the Sellers hereunder been true and correct and had each of the covenants and agreements of the Sellers hereunder been performed in full.
No claim for the recovery of Buyer Indemnifiable Damages for breach of a representation or warranty herein may be asserted by a Buyer Indemnified Party after the applicable period has expired; provided, however, that claims for Buyer Indemnifiable Damages first asserted by timely delivery of a claims notice within such period shall continue to survive until such claims have been satisfied or otherwise resolved.
The liabilities of the Company include the following amounts due to related parties: 30 November 2013 31 May 2014(Audited)As at:$$ Former VP of Corporate Development - 20,000 Total amount due to related parties (Note 9) - 20,000 The amount due to related parties was unsecured, non-interest bearing and was paid in January 2014.
Marion Labs, No. 90-0661-CV-W-2, 1991 WL 517230, at *3 (W.D. Mo. Dec.
Without limiting the generality of the foregoing, with respect to the measurement of Buyer Indemnifiable Damages, each Buyer Indemnitee will have the right to be put in the same pre-tax consolidated financial position as it would have been in had each of the representations and warranties of the Company and the Seller hereunder been true and correct and had the covenants and agreements of the Company and the Seller hereunder been performed in full.
ADD and Shareholders each agrees to indemnify, defend and hold Buyer harmless from and against the aggregate of all Buyer Indemnifiable Damages (as defined below); provided, however, that the aggregate indemnification liability of ADD and Shareholders collectively shall not exceed the Purchase Price (plus any costs of collection).
SVPC and the Shareholders agree, jointly and severally, to indemnify, defend and hold Buyer harmless from and against the aggregate of all Buyer Indemnifiable Damages (as defined below); provided, however, that the aggregate indemnification liability of SVPC and the Shareholders collectively shall not exceed the Purchase Price (plus any costs of collection).