Purchaser Indemnitees definition
Examples of Purchaser Indemnitees in a sentence
Furthermore, without limiting the generality of this Section 11.9(c), no claim shall be brought or maintained by, or on behalf of, Seller or any Seller Indemnitees against any Purchaser Indemnitees other than a party to this Agreement, and no recourse shall be sought or granted against any such Persons that are not party to this Agreement, by virtue of, or based upon, the subject matter of this Agreement or the transactions contemplated hereby, except in the case of Fraud.
Any indemnification owing pursuant to this Article XI by Seller (that does not relate to a Retained Liability) shall be paid by Seller or Purchaser (or their applicable Affiliates) by wire transfer of immediately available funds to the Purchaser Indemnitees or the Seller Indemnitees, as applicable, within five (5) Business Days after the determination of the amount of such Losses thereof.