Examples of Buyer Indemnified Representation Costs in a sentence
Subject to Section 12.17 hereof, a Buyer Indemnified Party shall be entitled to payment only out of the Holdback Amount pursuant to the terms of this Article XI and the Indemnification Escrow Agreement for all amounts due to a Buyer Indemnified Party with respect to any claim by a Buyer Indemnified Party against Seller for Buyer Indemnified Representation Costs payable under this Article XI.
Subject to Section 12.17 hereof, a Buyer Indemnified Party shall be entitled to payment only out of the Holdback Amount pursuant to the terms of this Article XI and the Indemnification Escrow Agreement for all amounts due to a Buyer Indemnified Party with respect to any claim by a Buyer Indemnified Party against any member of the Selling Group for Buyer Indemnified Representation Costs payable under this Article XI.
A Buyer Indemnified Party shall be entitled to payment only out of the Indemnification Holdback Amount pursuant to the terms of this Article 11 and the Closing Escrow Agreement for all amounts due to a Buyer Indemnified Party with respect to any claim by a Buyer Indemnified Party against Seller for Buyer Indemnified Representation Costs payable under this Article 11, except that this limitation shall not apply to claims for fraud pursuant to Section 12.17.
No Indemnifying Party shall be required to indemnify an Indemnified Party for Buyer Indemnified Representation Costs or REIT Indemnified Representation Costs, as the case may be ("Indemnified Representation Costs"), unless and until the aggregate amount of such Indemnified Representation Costs for which the Indemnified Party is otherwise entitled to indemnification pursuant to this Article 8 exceeds $400,000 (the "Minimum Loss").