Buyer Indemnified Party definition

Buyer Indemnified Party has the meaning set forth in Section 8.2.

Buyer Indemnified Party has the meaning set forth in Section 10.1(a).

Buyer Indemnified Party means Buyer, its Affiliates, and their respective equity holders, managers, officers, directors, employees, agents, successors and assigns.

Examples of Buyer Indemnified Party in a sentence

• Neither a Seller Party nor any Releasing Party shall agree to make any claims against any directors or officers insurance policy maintained or to be maintained by or for the benefit of the Company in respect of amounts due to a Buyer Indemnified Party under Section 8.1 or otherwise in connection with this Agreement or the Collateral Agreements.

• Any Retained Amount shall remain in the Indemnity Holdback Account until released to a Buyer Indemnified Party (or its designee) in satisfaction of an outstanding claim or to the Sellers pursuant to Section 6.5(b) below.

• If any Claimed Amount is resolved in favor of the Sellers by mutual agreement or otherwise, or if the amount withheld exceeds the amount ultimately payable to a Buyer Indemnified Party in respect of such Claimed Amount, the Buyer shall either (i) if such resolution occurs prior to the end of the Holdback Period, return such amount to the Holdback Account or (ii) if such resolution occurs thereafter, treat such amount as a Retained Amount in accordance with Section 6.5(b) below.

• Subject to the limitations of this Article VIII, and other than with respect to any Fundamental Representations and a claim for Fraud, any indemnification of a Buyer Indemnified Party pursuant to Section 8.1(a)(i) shall be recovered from Seller Parties, jointly and severally, paid in accordance with Section 8.4(a)(i)(B) until such Damages have been paid in full.

More Definitions of Buyer Indemnified Party

Buyer Indemnified Party is defined in Section 8.2(a).

Buyer Indemnified Party has the meaning set forth in Section 6.1(a).

Buyer Indemnified Party shall have the meaning set forth in Section 10.3 hereof.

Buyer Indemnified Party means each of Buyer and its Affiliates and any of their respective partners, directors, managers, members, officers, employees and agents.

Buyer Indemnified Party and "Buyer Indemnified Parties" shall have the meaning set forth in Section 9.1 hereof.

Buyer Indemnified Party has the meaning given to such term in Section 11.2.

Buyer Indemnified Party and “Buyer Indemnified Parties” are defined in Section 7.2.