Partnership Indemnified Party 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 Partnership Group Entity 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 Partnership Group Entity 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 Party has the meaning set forth in Section 2.6(b).

Partnership Indemnified Party shall have the meaning given to it in Section 11.1.

Examples of Partnership Indemnified Party in a sentence

The rights of any Partnership Indemnified Party under this Section 5.17 shall be in addition to any other rights such Partnership Indemnified Party may have under the Organizational Documents of any Partnership Group Entity or applicable Law.
Notwithstanding the foregoing, the Partnership shall have no obligation to indemnify, defend, reimburse, release or save harmless any Partnership Indemnified Party in respect of, or to be liable for, Claims to the proportionate extent that such Claims result from the gross negligence, wilful misconduct or fraud of any such Partnership Indemnified Party.
None of the General Partner, the Fund or the Partnership or any other Person shall have any rights by virtue of the Partnership Agreement or the partnership relationship established under the Partnership Agreement or otherwise in any business ventures of a Partnership Indemnified Party.

More Definitions of Partnership Indemnified Party

Partnership Indemnified Party has the meaning set forth in Section 11.1(a); “Partnership Rights” has the meaning set forth in Section 14.1(a); “Partnership Step-In Agreement” has the meaning set forth in Section 16.14;

Partnership Indemnified Party has the meaning given such term in Section 5.1.

Partnership Indemnified Party means the Partnership and its partners and their respective officers, directors, employees, representatives, agents, advisors, consultants and assigns, and all of their respective heirs, legal representatives, successors and assigns, but shall exclude the Contributor Indemnified Party.

Related to Partnership Indemnified Party

Company Indemnified Party has meaning set forth in Section 8(b) hereof.
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.
Company Indemnified Persons has the meaning set forth in Section 5(a).
Company Indemnified Parties has the meaning specified in Section 7.8(a).
Manager Indemnified Party has the meaning set forth in Section 8(a) hereof.
Seller Indemnified Party has the meaning set forth in Section 7.2.
D&O Indemnified Parties shall have the meaning set forth in Section 6.6(a).
Indemnified Party’s Group means the Seller Group (with respect to a Seller Indemnified Party) or the Purchaser Group (with respect to a Purchaser Indemnified Party).
Buyer Indemnified Party has the meaning set forth in Section 8.2.
Investor Indemnified Party is defined in Section 4.1.
Seller Indemnified Persons has the meaning set forth in Section 8.3.
Seller Indemnified Parties has the meaning set forth in Section 8.1.
D&O Indemnified Party has the meaning set forth in Section 5.8(a).
Company Indemnitees shall have the meaning set forth in Section 5.02.
Buyer Indemnified Parties has the meaning set forth in Section 8.2.
Buyer Indemnified Persons has the meaning set forth in Section 8.2.
Related Indemnified Person of an Indemnitee means (a) any controlling person or controlled affiliate of such Indemnitee, (b) the respective directors, officers, or employees of such Indemnitee or any of its controlling persons or controlled affiliates and (c) the respective agents of such Indemnitee or any of its controlling persons or controlled affiliates, in the case of this clause (c), acting at the instructions of such Indemnitee, controlling person or such controlled affiliate; provided that each reference to a controlled affiliate or controlling person in this definition shall pertain to a controlled affiliate or controlling person involved in the negotiation or syndication of the Facility.
Purchaser Indemnified Party shall have the meaning set forth in Section 9.1(a).
Holder Indemnified Parties has the meaning set forth in Section 7(a).
Purchaser Indemnified Person is defined in Section 5.1 of the Sale Agreement.
Parent Indemnified Parties has the meaning set forth in Section 9.2(a).
Tax Indemnified Party shall have the meaning set forth in Section 7.6(d).
Holder Indemnified Party is defined in Section 4.1.
Holder Indemnified Persons means, with respect to each Holder, such Holder and its affiliates and directors, officers, partners, trustees, employees, agents, representatives and control persons entitled to indemnification by the Fund under Section 7.
Indemnified Parties has the meaning set forth in Section 8.2.
Purchaser Indemnified Parties has the meaning set forth in Section 8.2.

Partnership Indemnified Party definition

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