Investor Indemnified Person definition

Investor Indemnified Person has the meaning set forth in Section 7(a) hereof.

Investor Indemnified Person is defined in Section 6.1.

Investor Indemnified Person has the meaning given to that term in clause 16.2(a).

Examples of Investor Indemnified Person in a sentence

• Any Investor Indemnified Person wishing to assert a claim for indemnification hereunder shall notify, through the Investor, the Company and Pluristem of such claim (a “Claims Notice”), describing in reasonable details the basis of the asserted claim.

• Notwithstanding anything to the contrary in this Section 7, an Investor Indemnified Person may only make an indemnity claim against Pluristem under this Section 7 for a breach of any representations and warranties made by, or in relation to, the Company, if it had first made a claim against the Company which was ruled in its favor, and such Investor Indemnified Person was not successful in collecting the damages or losses ruled to be due to it from the Company.

• In any event, in the event that an Investor Indemnified Person is a party under a third party claim, neither the Company and Pluristem nor the Investor Indemnified Persons shall be entitled to settle any such proceeding without the prior consent of the other parties not to be unreasonably withheld of delayed (i.e. the Investor on behalf of all applicable Investor Indemnified Persons, or the Company and Pluristem, as applicable).

• Subject to the restrictions set forth in Section 6.4 with respect to the number of legal counsel, the Company will reimburse the Investors and each such attorney, accountant, underwriter or controlling person and each such other Investor Indemnified Person, promptly as such expenses are incurred and are due and payable, for any legal fees or other reasonable expenses incurred by them in connection with investigating or defending any Claim.

• Subject to Section 7.5, it is clarified and agreed that an Investor Indemnified Person may elect to pursue indemnification from the Company, Pluristem or any or both of them, jointly and severally in each case, at the discretion of such Investor Indemnified Person, provided however, than in no case will an Investor Indemnified Person shall entitled to be indemnified more than once for the same Losses.

More Definitions of Investor Indemnified Person

Investor Indemnified Person has the meaning set forth in Section 11.1 of this Agreement.

Investor Indemnified Person has the meaning given to it in Section 4.8(a); IPO means the underwritten initial public offering of Shares;

Investor Indemnified Person has the meaning ascribed to it in Section 2.6(a) below.

Investor Indemnified Person shall have the meaning ascribed thereto in Section 7.2(a) of the Hexcel Agreement.

Investor Indemnified Person has the meaning set forth in Section 9.1.

Investor Indemnified Person has the meaning ascribed to it in Section 2.6(a) of this Agreement.

Investor Indemnified Person is defined in Section 9.1.