Partnership Indemnified Parties definition

Partnership Indemnified Parties has the meaning assigned to such term in Section 9.1.

Partnership Indemnified Parties has the meaning set forth in Section 7.2(a).

Partnership Indemnified Parties means the Partnership and its Affiliates, including their respective officers, directors, partners, managers, employees, consultants and equity holders.

Examples of Partnership Indemnified Parties in a sentence

• This Agreement shall be binding upon and inure solely to the benefit of each Party hereto and their successors and permitted assigns, and nothing in this Agreement, express or implied, is intended to confer upon any other Person any rights or remedies of any nature whatsoever under or by reason of this Agreement, except for express language with respect to the Partnership Indemnified Parties and the Anadarko Indemnified Parties contained in the indemnification provisions of Article IX.

• Except as otherwise provided in Article VII and Article IX with respect to the Contributing Indemnified Parties and the Partnership Indemnified Parties, nothing in this Agreement, express or implied, is intended to confer upon any Person other than the Parties and their respective permitted successors and assigns, any rights, benefits or obligations hereunder.

• Any Losses, Claims and Encumbrances that may arise out of the performance of such work on the Under Construction Tanks shall constitute Partnership Indemnified Costs, except to the extent they (a) arise out of the acts, omissions or negligence of any of the Partnership Indemnified Parties or (b) constitute Special Damages (other than Special Damages of the types identified in clauses (a) and (b) of the definition of Partnership Indemnified Costs).

• In no event shall the Contributing Parties’ aggregate liability to the Partnership Indemnified Parties under Section 9.1(a) exceed 15.0% of the dollar value of the Aggregate Consideration as of the Closing Date (the “Ceiling Amount”).

• In no event shall the Contributing Parties’ aggregate liability to the Partnership Indemnified Parties under Section 9.1(i) exceed 15% of the Consideration (the “Ceiling Amount”).

More Definitions of Partnership Indemnified Parties

Partnership Indemnified Parties is defined in Section 5.4(a).

Partnership Indemnified Parties has the meaning set forth in Section 5.2 of this Agreement.

Partnership Indemnified Parties has the meaning specified in Section 6.02.

Partnership Indemnified Parties shall have the meaning specified in Section 10.02.

Partnership Indemnified Parties means (a) any Person (together with such Person’s heirs, executors and administrators) who is or was, or at any time prior to the Effective Time becomes, an officer, director or manager of any member of the Partnership Group or the General Partner and (b) any Person (together with such Person’s heirs, executors and administrators) who is or was serving, or at any time prior to the Effective Time serves, at the request of any member of the Partnership Group or the General Partner as an officer, director, member, general partner, fiduciary or trustee of another Person; provided that a Person shall not be a Partnership Indemnified Party solely by reason of providing, on a fee-for-services basis, trustee, fiduciary or custodial services.

Partnership Indemnified Parties has the meaning provided such term in Section 9.2(a). “Partnership SEC Documents” has the meaning provided such term in Section 5.9.

Partnership Indemnified Parties has the meaning set forth in Section 9.3. “Party” and “Parties” have the meanings set forth in the preamble. “Permits” means all permits, licenses, variances, exemptions, Orders, franchises, consents, registrations, exemptions, authorizations, permissions and approvals of all Governmental Entities necessary for the lawful ownership, lease and operation of the System Assets, the Western Gas Wyoming Interest and the Fort Union Partnership Interest.