Examples of Buyer Indemnified Group in a sentence
No member of the Seller Indemnified Group or the Buyer Indemnified Group, other than Buyer or Seller, shall be required to consent to any amendment to this Agreement.
Notwithstanding anything herein to the contrary, the aggregate liability of Seller to the Buyer Indemnified Group arising under or related to all matters set forth in this Agreement (including those otherwise subject to clause (A) foregoing), whether based in contract, tort, strict liability, other Law or otherwise, shall not exceed 100% of the Final Purchase Price.
Seller shall indemnify and hold each member of the Buyer Indemnified Group harmless for any Losses suffered by any member of the Buyer Indemnified Group as a result of any Non-Company Affiliate making a claim or defense released by Seller hereunder.
The results from these questionnaires are fed-back to individual module organisers, but are also reviewed at SSLC meetings and at meetings of the SEFP’s Coordination Group, which is the management committee for the programme.
Any claim by a member of Buyer Indemnified Group for indemnification shall be made by giving written notice in accordance with the terms of Section 8.
If the Seller Group-Indemnitor decides not to participate or does not respond within five (5) days of receiving notice from the member of Buyer Indemnified Group, then the member of Buyer Indemnified Group shall be entitled, at the Seller Group-Indemnitor's expense, to defend, conduct, settle or compromise such matter with counsel selected by the member of Buyer Indemnified Group.
The obligations of Seller to indemnify the Buyer Indemnified Group for Damages arising from or related to the matters described in Section 10.1 shall be secured by the Closing Escrow Amount held pursuant to the Closing Escrow Agreement but the Closing Escrow Amount shall not represent a limit on the amount of Damages for which the Buyer Indemnified Group is indemnified hereunder.
Any payment that Seller is obligated to make to the Buyer Indemnified Group pursuant to Article IX shall be paid first from the Indemnity Escrow Amount, and Buyer and Seller shall deliver instructions to the Escrow Agent pursuant to the Escrow Agreement directing that any such payment be so made.
The Adjusted Escrow Amount retained for Unresolved Claims shall be released by the Escrow Agent (to the extent not utilized to pay the Buyer Indemnified Group for any such claims resolved in favor of the Buyer Indemnified Group) upon resolution of such claims in accordance with Article IX, and Buyer and Seller shall deliver instructions to the Escrow Agent pursuant to the Escrow Agreement directing that any such payment be so made.
Staff recommends the approval of these contracts to ensure that these valuable sport and recreation providers are able to continue to offer hockey and skating programming to the community.