Examples of Company Fraud in a sentence
Except in the case of Company Fraud, all proceedings (whether in contract or in tort, in law or in equity) that may be based upon, arise out of or relate to this Agreement, or the negotiation, execution or performance of this Agreement (including any representation or warranty made in or in connection with this Agreement or as an inducement to enter into this Agreement), may be made only against the entities that are expressly identified as parties hereto.
Id.2019] Drug Company Fraud as Organized Crime 473manager.”310 They also “serve as buffers between the top members of the family and the lower-echelon personnel.
Subject to Section 8.3(e), the total dollar amount of the indemnification payments that Sellers can be required to make to the Indemnitees resulting from the matters referred to in Section 8.2(a)(i) or Section 8.2(b)(i) (in each case, other than with respect to the Fundamental Representations or Company Fraud) or Section 8.2(b)(iv) shall be limited to the aggregate amount remaining in the Indemnity Escrow Fund at such time.
Notwithstanding anything in this Agreement to the contrary, including the immediately two prior sentences of this Section 9.4(a), in the case of claims for indemnification with respect to Company Fraud or Seller Fraud, the Seller Indemnitor who committed such Company Fraud (if any) or such Seller Fraud shall be liable for all of the Losses resulting therefrom without any limitation or cap.
The limitation set forth in Section 8.3(a) shall not apply to (and shall not limit the indemnification or other obligations of Sellers for or with respect to) (i) any claim pursuant to any provision of Section 8.2 other than Section 8.2(a)(i), Section 8.2(b)(i) or Section 8.2(b)(iv), or (ii) any claim with respect to Company Fraud.
Notwithstanding any provision of this Agreement to the contrary, in no event shall the maximum aggregate Liability of any Indemnifying Securityholder with respect to any Company Fraud, Securityholders’ Representative Fraud, and/or Securityholder Fraud exceed, in total, the aggregate amount of consideration actually paid to such Indemnifying Securityholder pursuant to the terms of this Agreement.
The indemnification provisions set forth in Section 10.1(a) with respect to a breach of Sections 3.4, 4.13, 4.17, 4.28, 6.8, 6.9 or 6.16 or indemnification pursuant to Section 10.1(a)(iii), (iv) or (v) or a claim based upon "Company Fraud" (as hereinafter defined) shall not be subject to the Basket Amount or the Minimum Threshold and shall be indemnified to the Purchaser Indemnitees dollar for dollar to the extent any liability with respect to such matters exists.
Xxxxxxx, Xxxxxx Xxxxx, and Xxxxx Xxxxxxx, the maximum amount for which Parent may seek indemnification from each holder of Company Shares in connection with Company Fraud shall be limited to the Net Distributable Amount payable to such holder of Company Shares pursuant hereto.
For purposes of this Agreement, the term "Company Fraud" shall include any grossly negligent or intentional misrepresentation by the Company or any of its Affiliates.
Except in the event of Company Fraud, the Indemnifying Parties will have no liability for any General Representation Matter or Special Representation Matter unless the aggregate Indemnification Obligations exceed $200,000 in the aggregate (the “Deductible”).