Examples of Company Indemnifying Parties in a sentence
Item No. 11 was unanimously adopted.Moved by Chairperson Thompson, Jr. and seconded by Trustee Ferrer, the following item was added to the agenda.
In the event that the Stockholder Representative has consented to any such settlement, the Company Indemnifying Parties shall have no power or authority to object under any provision of this Article VI to the amount of any claim by Parent against the Escrow Fund for the amount of such settlement.
Notices or communications to or from the Representative shall constitute notice to or from each of the Company Indemnifying Parties.
Such Escrow Shares, together with any and all income and proceeds thereon, shall be referred to hereinafter as the "Indemnity Escrow Fund." The Indemnity Escrow Fund shall be available to compensate the Parent Indemnified Parties pursuant to the indemnification obligations of the Company Indemnifying Parties.
The Company shall have the sole right to act on behalf of the Company Indemnified Parties and the Company Indemnifying Parties with respect to any indemnification claims made pursuant to this Article VII, including bringing and settling any claims hereunder and receiving any notices on behalf of the Company Indemnified Parties and the Company Indemnifying Parties.