Examples of Contractor Indemnified Party in a sentence
If claims are asserted against any Contractor Indemnified Party by an employee of the Owner or anyone directly or indirectly employed by Owner, or anyone for whose acts Owner may be liable, the Owner’s indemnification obligation under this section shall not be limited by any limitation on the amount or type of damages, compensation, or benefits payable to the employee by or for the Owner under workers’ compensation acts, disability benefit acts, or other employee benefit acts.
Developer shall not, however, be required to reimburse or indemnify any Contractor Indemnified Party for any loss to the extent such loss is due to the negligence or willful misconduct of any Contractor Indemnified Party.
Owner shall in all events assume all liability and it shall defend, indemnify, and hold harmless the Contractor Indemnified Parties from and against any and all Claims made by the Preliminary Work Provider against any Contractor Indemnified Party in connection with or related to the Preliminary Work.
Owner hereby agrees to defend, indemnify and hold Contractor Indemnified Parties harmless from and against all damages, costs, losses and expenses (including all reasonable attorneys’ fees and litigation or arbitration expenses) relating in any way to or arising out of any breach by Owner Indemnified Parties of the Owner/TL CAs that is not due to the fault of any Contractor Indemnified Party or any Subcontractor or Sub-subcontractor.
To the extent that any Contractor Indemnified Party has responsibility under this Agreement for such damage or harm, Contractor shall reminburse Customer (or its Affiliates) such remediation and/or cleanup costs and none of Customer or its Affiliates shall have any liability with respect to such remediation and/or cleanup actions; except to the extent such actions cause further damage or harm.
In respect of any request of license brought against any Contractor Indemnified Party by a third party based on an infringement by any CFI provided by Customers of any Intellectual Property Right (excluding trademarks) of a third party, Customers shall use all reasonable commercial efforts to support Contractor regarding such request of license through activities such as technical analysis of the request and evaluation of its merits.
If a claim by a third party is made against either an a Contractor Indemnified Party or an Owner Indemnified Party (an “Indemnified Party), and if such Indemnified Party intends to seek indemnity with respect thereto under Section 7.1 Section 7.1 or Section 7.2, such Indemnified Party shall promptly furnish written notice to the other Party (“Indemnifying Party”) of such claim.
It is also worth noting that rebalancing the holdings is only needed if the price deviations move in the same direction.
The obligations in this Section 6.2(d) will apply whether or not any Contractor Indemnified Party was or is claimed to be passively, actively, jointly, or concurrently negligent and regardless of the actual or alleged strict liability of any Contractor Indemnified Party, except to the extent the Losses are caused by the sole negligence or the willful misconduct of the Contractor Indemnified Party seeking to be indemnified by Company under this Section 6.2(d).
If a claim by a third party is made against either a Contractor Indemnified Party or an Owner Indemnified Party (an “Indemnified Party), and if such Indemnified Party intends to seek indemnity with respect thereto under Section 7.1 or Section 7.2, such Indemnified Party shall promptly furnish written notice to the other Party (“Indemnifying Party”) of such claim.