Examples of Partnership Indemnitees in a sentence
These groups will be the “Partnership Indemnitees” or the “Antero Indemnitees” as applicable, provided, however, that for the avoidance of doubt, the Partnership Indemnitees shall not include Antero and its Affiliates, and the Antero Indemnitees shall not include any member of the Partnership Group or the General Partner.
The reimbursement and indemnity obligations of the Investor under this Section V shall survive the Closing Date applicable to the Investor and shall be in addition to any liability that the Investor may otherwise have (including, without limitation, liabilities under the Partnership Agreement) and shall be binding upon and inure to the benefit of any successors, assigns, heirs or legal representatives of any Partnership Indemnitees and the Partnership.
The Investor shall indemnify the Partnership Indemnitees (as defined herein) for any and all costs, fees and expenses (including legal fees and disbursements) in connection with any damages resulting from the Investor's or the Beneficial Owner's misrepresentations or misstatement contained herein, or the assertion of the Investor's lack of proper authorization from the Beneficial Owner to enter into this Subscription Agreement or perform its obligations hereunder.
Neither Party will have any liability under Section 7.1(b) or Section 7.2(b), as applicable, unless and until the Partnership Indemnitees or the Contributor Indemnities, as applicable, have suffered Losses in excess of $830,000 in the aggregate (the “Deductible”) arising from Claims under Section 7.1(b) or Section 7.2(b), as applicable, and then recoverable Losses claimed under Section 7.1(b) or Section 7.2(b), as applicable, shall be limited to those that exceed the Deductible.
Notwithstanding Section 8.8(a) above, to the extent the Partnership Indemnitees are entitled to indemnification for Damages for claims arising from fraud or related to or arising from Taxes (including, without limitation, Damages for breach of the representations or warranties in Section 3.14 ), the P66 Parties shall be fully liable for such Damages without regard to the Deductible or the Cap.
This Agreement shall not be construed to create any Lien on the Assets or to create any express or implied rights in any persons other than the Parties, except as provided for the indemnification of the Partnership Indemnitees and the Fund C Indemnitees in Article 9.
Each Party agrees that, because each of the Prior Contribution Agreement and this Agreement provide for the indirect contribution of an interest in the Xxxxxx Frac Assets and the Xxxxxxx Cavern Assets, it is in the best interests of such Party (and the P66 Indemnitees and Partnership Indemnitees, as applicable) to clarify the indemnification rights and obligations (and related covenants) of the Parties with respect to the Prior Contribution Agreement and this Agreement.
These groups will be the “Partnership Indemnitees” or the “Antero Indemnitees” as applicable, provided, however, that for the avoidance of doubt, the Partnership Indemnitees shall not include any member of the Antero Group, and the Antero Indemnitees shall not include any member of the Partnership Group.
The Partnership Indemnitees shall be indemnified for all Damages of the Partnership Indemnitees associated with the Specified Matter in excess of $10 million in the aggregate but not to exceed $250 million in the aggregate.
No claims may be made against Targa for indemnification pursuant to Section 3.1(a) unless the aggregate dollar amount of the Losses suffered or incurred by the Partnership Group or Partnership Indemnitees exceed $250,000, after such time Targa shall be liable for the full amount of such claims, subject to the limitations of Section 3.1(c).