Examples of Buyer Indemnified Person in a sentence
This change in the Retiree Medical Plan resulted in a reduction of $6.5 million to the accumulated post-retirement benefit obligation for prior service costs related to current active employees and was recorded as a gain to AOCI.
In addition, TSG shall retain such records for the duration of any audit conducted pursuant to this Article XXVII and for the duration of any Dispute.
The amount of any indemnification payable in connection with any transaction contemplated by this Agreement or the Acquisition Agreement shall be net of any insurance proceeds available, under any insurance policies in effect at the time that are maintained in the Ordinary Course of Business, to a Buyer Indemnified Person or a Pittston Indemnified Person, respectively, in connection with the events or circumstances giving rise to the indemnification.
The payment by a Buyer Indemnified Person of any Tax Loss shall not relieve Xx. Xxxxxx or Seller of their obligations under this Section 9.03.
The existence of the Escrow Share Amount and the Escrow Cash Amount will not be deemed to limit the amount of any allowable claims by any Buyer Indemnified Person pursuant to this Agreement for Losses in excess of the cash value of such Escrow Share Amount and the Escrow Cash Amount, nor shall any Buyer Indemnified Person have any obligation to seek recovery from the Escrow Share Amount or the Escrow Cash Amount prior to pursuing any of its other remedies under this ARTICLE VII or otherwise.