Examples of Franchisor Parties in a sentence
Developer, on behalf of itself and the Developer Releasors, further covenants not to sue any of the Franchisor Parties on any of the Claims released by this paragraph.
You (and the offeror if you are not the offering party), your Principals, and all other participants in the offering must fully indemnify us and all of the Franchisor Parties (as defined in Section 21.5.2 below) in connection with the offering.
If there is a claim by any one (1) or more of the Franchisor Parties against you, you must, upon our request, assign to us all rights which you then have or thereafter may have with respect to the claim against the insurer(s) providing the coverages described in this Section 9.01.
Under no circumstance will we or the other Franchisor Parties be required to seek recovery from third parties or otherwise mitigate our or their losses to maintain a claim against you.
You further agree to hold us and the other Franchisor Parties (as defined in Section 8.11) harmless from any and all claims and liabilities related to same.
Such an undertaking by Franchisor will, in no manner or form, diminish the obligation of Developer and each of the Owners to indemnify the Franchisor Parties and to hold them harmless.
You agree that any failure to pursue recovery from third parties or mitigate loss will in no way reduce the amounts recoverable by us or the other Franchisor Parties from you.
Our undertaking of defense and/or settlement will in no way diminish your obligation to indemnify us and the other Franchisor Parties and to hold us and them harmless.
You agree to indemnify and hold each of the Franchisor Parties harmless against any and all Assertions arising directly or indirectly from any Demand as well as from your breach of this Agreement.
Developer will indemnify and hold Franchisor and the Franchisor Parties harmless against any and all such claims arising directly or indirectly from, as a result of, or in connection with Developer’s activities, as well as the cost, including attorney’s fees and expenses, of defending against such claims.