Logiq Group definition
Examples of Logiq Group in a sentence
Lova (or such member) shall be entitled to any Refund realized by any member of the Logiq Group or AppLogiq Group as a result of the carryback.
Except as otherwise expressly provided in this Agreement, neither Logiq nor any of the members of the Logiq Group shall have any obligation to secure extended reporting for any claims under any liability policies of Logiq or any member of the Logiq Group for any acts or omissions by any member of the AppLogiq Group incurred prior to the Effective Time.
Notwithstanding anything in this Agreement to the contrary, neither Lova or any member of the AppLogiq Group, on the one hand, nor Logiq or any member of the Logiq Group, on the other hand, shall be liable under this Agreement to the other for any indirect, punitive, exemplary, remote, speculative or similar damages in excess of compensatory damages of the other arising in connection with the transactions contemplated hereby (other than any such Liability with respect to a Third-Party Claim).
Lova shall pay, and shall indemnify and hold the Logiq Group harmless from and against, without duplication, (a) all Lova Taxes, (b) all Taxes incurred by Logiq or any Logiq Entity by reason of the breach by Lova of any of its representations, warranties or covenants hereunder, and (c) any external costs and expenses related to the foregoing (including reasonable attorneys’ fees and expenses but excluding any expenses described in Section 2.03).
The Parties recognize that legal and other professional services will be provided following the Effective Time, which services will be rendered solely for the benefit of the Logiq Group or the AppLogiq Group, as the case may be.
Except as provided in Article 3 with respect to the AppLogiq Group and the Logiq Group, nothing in this Agreement, express or implied, is intended to or will confer upon any Person other than the Parties and their respective Subsidiaries and their respective successors and permitted assigns and nothing in this Agreement, express or implied, is intended to or shall confer upon any other Person any legal or equitable right, benefit or remedy of any nature under or by reason of this Agreement.
As between members of the Logiq Group, on the one hand, and members of the AppLogiq Group, on the other hand, the members of the AppLogiq Group will be solely responsible for all AppLogiq Liabilities, on a joint and several basis.
This Agreement is solely for the benefit of the Parties and does not confer on third parties (including any employees of any member of the Logiq Group or the AppLogiq Group) any remedy, claim, reimbursement, claim of action or other right in addition to those existing without reference to this Agreement; provided, however, that this Section 6.8 does not limit any rights of Logiq pursuant to Section 4.3.
Logiq will cause to be performed, and hereby guarantees the performance of, all actions, agreements and obligations set forth in this Agreement or in any Ancillary Agreement to be performed by any member of the Logiq Group.
For a period of not less than one (1) year from and after the Distribution Date, Logiq shall, and shall cause the Logiq Group to, maintain directors and officers liability insurance covering the persons who are presently covered by Logiq’s and its Subsidiaries’ directors and officers liability insurance policies with respect to actions and omissions occurring prior to the Distribution Date, providing coverage not less favorable than provided by such insurance in effect on the Execution Date.