Examples of Contributee Indemnified Party in a sentence
None of the limitations set forth in Section 8.1(b), 8.1(c) or 8.1(d) shall apply with respect to any Claim by a Contributee Indemnified Party that is determined to be the result of actual fraud or criminal conduct by Sellers.
The knowledge of Contributee or any other Contributee Indemnified Party obtained prior to the date of this Agreement or prior to the Closing shall not affect any Contributee Indemnified Party’s ability to recover indemnification from Sellers pursuant to this Article VIII.
All amounts due and payable from Parent or Contributee to a Contributor Indemnified Party shall be made by wire transfer of immediately available funds within five (5) Business Days following final determination of a claim pursuant to Section 8.3. Any amount due and payable from Contributor (or subsequent transferee of the OP Units) to a Contributee Indemnified Party pursuant to this ARTICLE 8 shall be satisfied, at Contributor’s sole discretion, in cash, by the forfeiture of OP Units, or both.
Except as otherwise provided in the Transition Services Agreement, the Contributor and its Affiliates (other than SRSH, SRS or STAR TRS) shall be solely responsible for, and shall satisfy and indemnify and hold harmless each Contributee Indemnified Party in accordance with Article 7 from, all obligations, claims and Liabilities relating to the TSA Employee Plans.
All amounts due and payable from an Indemnifying Party to an Indemnified Party shall be made by wire transfer of immediately available funds within five (5) Business Days following final determination of a claim pursuant to Section 7.3, provided, however, that at SAM’s sole discretion, any amount payable to a Contributee Indemnified Party pursuant to this Article 7 may be satisfied in cash, OP Units or both.