Client Parties definition
Examples of Client Parties in a sentence
The indemnity provided to the Client pursuant to this Agreement shall not apply to the extent that any loss arises out of or is based upon any untrue statement or alleged untrue statement of material fact made by the Client or any Client Parties or any omission or alleged omission of a material fact required to be disclosed by the Client or any of its Client Parties.
The Client Parties shall have the right to employ counsel in any such case.
If any action is brought against any of the Client Parties in respect of which indemnity may be sought hereunder, the Client Party shall promptly notify the Co-Manager or Co-Managers, as applicable, in writing of the institution of such action, and the relevant Co-Manager or Co-Managers (i.e. the Co-Manager(s) whose actions or failure to act are alleged to have caused the loss) shall assume the defense of such action.
Client and DRC agree that DRC may rely upon, and the Client agrees to be bound by, any requests, advice or information provided by the Client Parties to the same extent as if such requests, advice or information were provided by the Client.
DRC shall have the right to rely on the accuracy of all data provided by the Client and the Client Parties to DRC.
Client further agrees to enforce this contractual requirement against all Client Parties.
Client understands and agrees that certain Products may require the disclosure to and use of certain data by Hexagon regarding Client Parties.
Company Parties and Client Parties that are third parties are third-party beneficiaries of the respective indemnification obligations in this Agreement.
ESI shall indemnify and hold Client and its successors, parents, subsidiaries, officers, directors, employees (the “Client Parties”) harmless against any and all liabilities, loss, costs or expenses of whatsoever kind and nature which may be imposed on, incurred by, or asserted against the Client Parties at any time to the extent such liability, loss or expense results from ESI’s gross negligence or willful misconduct under this Agreement.
I will not sue any of the Client Parties on the basis of these waived and released claims.