Indemnification Parties definition

Indemnification Parties means each Person or Entity that possesses or asserts an Indemnification Right against any member of Safety Components.
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Indemnification Parties has the meaning ascribed to such term in Section 13 of this Agreement;
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Indemnification Parties has the meaning given to that term in Section 12(a) of this Agreement; “Indemnified Party” has the meaning given to that term in Section 12(a) of this Agreement; “Initial Warrant Indenture” has the meaning ascribed to such term on page 2 of this Agreement;
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Examples of Indemnification Parties in a sentence

  • No claim may be asserted nor may any Proceedings be commenced against any Indemnifying Party pursuant Section 7.2 or Section 7.5 to the extent that the Indemnification Parties establish that (i) the Indemnified Party had a reasonable opportunity, but failed, in good faith to mitigate the Loss or (ii) such Loss arises from or was caused by actions taken or failed to be taken by the Indemnified Party after the Closing.

  • To provide this indemnification, a majority vote of the Director Quorum, excluding Directors currently Indemnification Parties to the Indemnification Proceeding (“Indemnification Director Quorum”), must determine: (a) The Indemnification Individual met the Indemnification Standard of Conduct; and (b) Incurred reasonable Indemnification Expenses.

  • For purpose of this Section "Licensee Indemnification Parties" refers to Licensee and officers, directors, employees and agents of Licensee.

  • Indemnification Parties will often attempt to shift the risk of loss from a plaintiff’s claims by entering into indemnification agreements.

  • The Board finds, therefore, that the appearance and relatively low impact of the accessory apartment will be in harmony with the general character of the neighborhood.

  • If such indemnity is prohibited by applicable law, Supplier shall release, defend, and indemnify and hold harmless all BIBR Indemnified Parties, its officers, directors, employees and agents, to the extent of negligence, breach of contract or other act, omission or fault of any of the Supplier Indemnification Parties.

  • To provide this indemnification, a majority vote of the Director Quorum, excluding Directors currently Indemnification Parties to the Indemnification Proceeding (“Indemnification Director Quorum”), must determine: (1) that theIndemnification Individual met the Indemnification Standard of Conduct; and (2) reasonable Indemnification Expenses.

  • In the event of a final and non-appealable determination A-47 79 by a court that any payment of expenses is prohibited by applicable law, the Indemnification Parties shall promptly refund to the Indemnifying Parties the amount of all such expenses theretofore advanced pursuant hereto.

  • The Purchaser shall indemnify the Company and the Seller Indemnification Parties against and hold them harmless from any Losses suffered or incurred by the Company or any such Seller Indemnification Party to the extent arising from any action of such Person taken pursuant to this Section 7.07.

  • The following language set forth in paragraph D of the Indemnity Agreement shall have no force or effect in connection with any services rendered during the course of the Chapter11 Case: “; and further provided that in no event will the Indemnified Parties’ aggregate contribution for all losses, claims, damages, liabilities, and expenses with respect to which contribution is available hereunder exceed the amount of fees actually received by the Indemnification Parties pursuant to the Agreement.”6.


More Definitions of Indemnification Parties

Indemnification Parties means the Securityholders set forth on Schedule I.
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Indemnification Parties means all Persons that possess or assert Indemnification Rights against any member of Fruit of the Loom.
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Indemnification Parties shall have the meaning ascribed thereto in Section 6.6 hereof.
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Related to Indemnification Parties

  • Indemnification Cap has the meaning set forth in Section 9.4(a).

  • Company Indemnified Parties has the meaning specified in Section 7.8(a).

  • Parent Indemnified Parties has the meaning set forth in Section 9.2(a).

  • Indemnification Agreements has the meaning set forth in Section 2.5.

  • Indemnified Parties has the meaning set forth in Section 8.2.

  • Indemnification means an agreement of indemnity or a release from liability where the intent or effect is to shift or limit in any manner the potential liability of the person or firm for failure to adhere to applicable auditing or professional standards, whether or not resulting in part from knowing of other misrepresentations made by the insurer or its representatives.

  • Company Indemnified Persons has the meaning set forth in Section 5(a).

  • Indemnification Provisions means each of the Debtors’ indemnification provisions currently in place whether in the Debtors’ bylaws, certificates of incorporation, other formation documents, board resolutions, or contracts for the current and former directors, officers, managers, employees, attorneys, other professionals, and agents of the Debtors and such current and former directors’, officers’, and managers’ respective Affiliates.

  • Buyer Indemnified Parties has the meaning set forth in Section 8.2.

  • D&O Indemnified Parties shall have the meaning set forth in Section 6.6(a).

  • Seller Indemnified Parties has the meaning set forth in Section 8.1.

  • Indemnification Claim has the meaning set forth in Section 12.3.

  • Company Indemnified Person means (a) any Administrator; (b) any Affiliate of any Administrator; (c) any officers, directors, shareholders, members, partners, employees, representatives or agents of any Administrator; or (d) any officer, employee or agent of the Trust or its Affiliates.

  • Indemnified Persons has the meaning assigned to such term in Section 7.12(c).

  • Company Indemnified Party has meaning set forth in Section 8(b) hereof.

  • Company Indemnitees shall have the meaning set forth in Section 5.02.

  • Buyer Indemnified Persons has the meaning set forth in Section 8.2.

  • Seller Indemnified Persons has the meaning set forth in Section 8.3.

  • Indemnification Notice has the meaning set forth in Section 11.3(a).

  • Purchaser Indemnified Parties has the meaning set forth in Section 8.2.

  • Indemnification Claim Notice has the meaning set forth in Section 11.3.

  • Indemnification Obligations means each of the Debtors’ indemnification obligations in place as of the Effective Date, whether in the bylaws, certificates of incorporation or formation, limited liability company agreements, other organizational or formation documents, board resolutions, management or indemnification agreements, or employment or other contracts, for their current and former directors, officers, managers, employees, attorneys, accountants, investment bankers, and other professionals and agents of the Debtors, as applicable.

  • Holder Indemnified Parties has the meaning set forth in Section 7(a).

  • Parent Indemnitees has the meaning set forth in Section 8.02.

  • Indemnified Person has the meaning set forth in Section 11.3.

  • Manager Indemnified Party has the meaning set forth in Section 8(a) hereof.