Purchaser Damages definition

Purchaser Damages shall have the meaning given to such term in Section 14.2.
Purchaser Damages shall have the meaning specified in Section 11.1.
Purchaser Damages means any material loss, expense, liability, or other damages, including the reasonable costs of investigation, interest, penalties and attorney's and accountant's fees.

Examples of Purchaser Damages in a sentence

  • If any Purchaser Indemnitee or Seller Indemnitee (an "Indemnified Party") believes that it has suffered or incurred or will suffer or incur any Purchaser Damages or Seller Damages, as the case may be ("Damages") for which it is entitled to indemnification under this Article XIV, such Indemnified Party shall so notify the Party from whom indemnification is being claimed (the "Indemnifying Party") with reasonable promptness and reasonable particularity in light of the circumstances then existing.

  • No indemnification shall be made under Section 14.2 until the aggregate amount of Purchaser Damages thereunder exceeds $25,000, but if the aggregate amount of Purchaser Damages thereunder exceeds $25,000 in the aggregate, then indemnification shall be made by Seller thereunder to the full extent of the Purchaser Damages.

  • Notwithstanding the foregoing, any Purchaser Indemnitee shall be required to notify Seller's Agent of any claim for Purchaser Damages as required herein even though the same may be included in the $25,000 threshold set forth in Section 14.6, and Seller shall have the right to dispute any such claim.

  • The limitations set forth in Sections 14.6.1 and 14.6.2 shall not apply to Purchaser Damages arising out of fraud, the breach of any representation or warranty contained herein or pursuant hereto if such representation or warranty was made with actual knowledge that it contained an untrue statement of a fact or omitted to state a fact necessary to make the statements of facts contained therein not misleading or misrepresented.

  • If the Indemnified Parties receive an amount under insurance coverage or from such other party with respect to Purchaser Damages or Seller Damages, as the case may be, at any time subsequent to any indemnification provided pursuant to this ARTICLE 11, then the Indemnified Party shall promptly reimburse the Indemnifying Party for any payment made or expense incurred by the Indemnifying Party in connection with providing such indemnification up to such amount received by the Indemnified Party.


More Definitions of Purchaser Damages

Purchaser Damages has the meaning specified in Section 9.2.
Purchaser Damages for purposes of this Section 14 means any claims, actions, demands, lawsuits, costs, expenses, liabilities, penalties and damages (including counsel fees incidental thereto or incidental to the enforcement by Purchaser of this Agreement) resulting to Purchaser from: (a) any material inaccurate representation made to Purchaser in or pursuant to this Agreement; (b) material breach of any of the warranties made to Purchaser in or pursuant to this Agreement; (c) material breach or default in the performance by Seller of any of its covenants or obligations under this Agreement; (d) any debts, liabilities or obligations of Seller, which are not expressly assumed by Purchaser hereunder; (e) any claim by any third party arising from any alleged default, act or breach by Seller of any obligation, contract or commitment or resulting from any act or omission of Seller; (f) any claim by any third party, including creditors of Seller which are based upon Seller's execution and performance of this Agreement; (g) any reasonable protection of Seller's trade name rights from infringement, use or registration thereof which commenced prior to the closing date with respect to the names "Xxxxxx" or "The Xxxxxx Corporation"; (h) the ownership, possession, use or operation of any real property prior to the Closing Date (including, without limitation, any liability related to any environmental clean-up, compliance or corrective action); (i) any claims relating to any products sold prior to the Closing Date (including, without limitation, any products liability, negligence, tort, express or implied warranty, statutory or contract claims) and (j) any claims based on any applicable bulk sale law.
Purchaser DamagesThe term shall have the meaning set forth in Section 10.3.1. ”Purchaser Documents”. The term shall have the meaning set forth in Section 7.2. “Purchaser Indemnified Parties”. The term shall have the meaning set forth in‌‌ Section 10.3.1.
Purchaser Damages and "SELLER DAMAGES" are sometimes referred to collectively herein as "DAMAGES.").
Purchaser Damages shall have the meaning ascribed to such term in Section 9.2(a) of this Agreement.
Purchaser Damages means any and all losses, liabilities, demands, claims, damages, obligations, payments, costs and expenses (including, without limitation, the costs and expenses of any and all actions, demands, assessments, judgments, settlements and compromises relating thereto and reasonable legal fees and expenses in connection therewith) suffered by Purchaser or any of its Affiliates arising out of or resulting from (i) a breach of any Vendor Warranty and (ii) a breach of any covenant or agreement on the part of Radnor and/or Vendor under this Agreement;
Purchaser Damages shall have the same meaning as set forth in Section 16.02(b) of this Agreement.