Examples of Contributee Indemnified Parties in a sentence
Therefore, the maximum aggregate liability of Contributors under Section 9.2(a)(i) (for breach of representations and warranties which survive one (1) year or less after the Closing Date) and Section 9.2(a)(iii) of this Agreement shall not exceed the Escrow Deposit, and Contributee Indemnified Parties shall have no further right to indemnity thereunder at such time as all cash or Contributee Units have been disbursed from the Escrow Account.
The main beneficiaries have been the Ministries of Public Administration, Justice, Education and Health.
Notwithstanding any other provision of this Agreement to the contrary, the Contributee Indemnified Parties shall have the right to offset the amount of any Damages with respect to which the Contributee Indemnified Parties shall be entitled to indemnification hereunder against the Retained Amount applicable to the Contributor or its Property or related Equity Interests that has any indemnification obligations with respect to such Damages, but to no other portion of the Retained Amount.
Therefore, the maximum aggregate liability of Contributor under Section 9.2(a)(i) (for breach of representations and warranties which survive one (1) year or less after the Closing Date) and Section 9.2(a)(iii) of this Agreement shall not exceed the Escrow Deposit, and Contributee Indemnified Parties shall have no further right to indemnity thereunder at such time as all cash or Contributee Units have been disbursed from the Escrow Account.