Examples of Purchaser Protected Parties in a sentence
The Purchaser Protected Parties or the Seller Protected Parties, as the case may be, will provide to the Indemnifying Party, as promptly as practicable thereafter, such information and documentation as may be reasonably requested by the Indemnifying Party to support and verify the claim asserted, so long as such disclosure would not violate the attorney-client privilege of the Purchaser Protected Parties or the Seller Protected Parties, as the case may be.
With the exception of the parties to this Agreement, the Purchaser Protected Parties and Seller Protected Parties, there shall exist no right of any person to claim a beneficial interest in this Agreement or any rights occurring by virtue of this Agreement.
The Purchaser Protected Parties or the Seller Protected Parties, as the case may be, will promptly notify the party against whom indemnification under this Agreement is sought (the "Indemnifying Party"), in writing, of any claim for indemnification, specifying in reasonable detail the nature of the Loss, and, if known, the amount, or an estimate of the amount, of the liability arising therefrom.
The Purchaser Protected Parties or the Seller Protected Parties, as the case may be, will notify the Indemnifying Party, in writing, of any claim for indemnification, specifying in reasonable detail the nature of the Damages, and, if known, the amount, or an estimate of the amount, of the liability arising therefrom.
At the Effective Time, Target shall deliver to Purchaser a release, in the form attached hereto as Exhibit F (the “Bonus Release”), duly executed by each Employee Holder, releasing the Purchaser Protected Parties from any Liability or obligation to such Employee Holder pursuant to the Key Employee Plan.
With the exception of the indemnification obligations under Article 4 and any claims for fraud, the indemnification obligations of the Major Shareholders under this Article 7 are the sole and exclusive remedy of the Purchaser Protected Parties regarding any matter related to this Agreement and the Transactions.
In the event that indemnification is sought hereunder by any member of the Purchaser Protected Parties, Purchaser shall act on behalf thereof and Sellers shall be entitled to rely upon the acts and representations of Purchaser as representing the acts and representations of such member.
Xxxx Any party may change its address for notice hereunder by notice to the other party hereto.
In addition, and to the fullest extent allowed by law, the Sellers will include, and the Committee will support, full exculpation provisions and injunction protection in favor of the Seller Protected Parties, the Committee Protected Parties, the DIP Lender Protected Parties and the Purchaser Protected Parties in any chapter 11 plan of reorganization submitted to the Court for consideration, in each case acceptable to Purchaser and its counsel.
The DIP Lender Protected Parties and the Purchaser Protected Parties hereby irrevocably agree not to assert, directly or indirectly, any claim or demand, or to commence, institute or cause to be commenced or instituted, any proceeding of any kind against one another based upon any matter purported to be released hereby.