Recipient Indemnitee definition

Recipient Indemnitee means, collectively, Recipient and each of its Affiliates, and their respective officers, partners, stockholders, members, directors, managers, agents and employees.

Recipient Indemnitee has the meaning set forth in ‎Section 4.02(c).

Recipient Indemnitee has the meaning set forth in Section 11.1(b). “Reference Period” means the 12 months immediately preceding the Effective Date.

Examples of Recipient Indemnitee in a sentence

• Except with respect to claims of Fraud by a Party acting as a Provider, this Article V shall be the sole and exclusive remedy of a Recipient Indemnitee for any monetary or compensatory damages or losses, including any Indemnifiable Losses, arising from this Agreement and each Recipient Indemnitee expressly waives and relinquishes any and all rights, claims or remedies such Person may have other than pursuant to this Article V.

• Each Rendering Party and Receiving Party, together with each Provider Indemnitee and each Recipient Indemnitee, is a third-party beneficiary of this Agreement and shall have the right to enforce the provisions of this Agreement to protect its rights and interests.

• Notwithstanding anything to the contrary herein, Service Provider shall not be obligated to indemnify any Service Recipient Indemnitee for any actions giving rise to indemnification hereunder if such actions were consistent with the manner in which the Separated Business or Remainco Business, as applicable, was operated prior to the Distribution.

• For the avoidance of doubt, each Provider Indemnitee is a third-party beneficiary of this Agreement solely for purposes of the indemnification obligations pursuant to Section 5.3(a), and each Recipient Indemnitee is a third-party beneficiary of this Agreement solely for purposes of the indemnification obligations pursuant to Section 5.3(b).

• To the extent that an Administrator Indemnitee or a Recipient Indemnitee has received payment in respect of a Loss pursuant to the provisions of any other Transaction Agreement, such Administrator Indemnitee or Recipient Indemnitee shall not be entitled to indemnification for such Loss under this Agreement to the extent of such payment.

More Definitions of Recipient Indemnitee

Recipient Indemnitee has the meaning set forth in Section 12.1(b). “Reinsured Contracts” has the meaning set forth in the Reinsurance Agreement.

Recipient Indemnitee has the meaning set forth in Section 11.1(b). “Reference Period” means the 12 months immediately preceding the Effective Date. “Reimbursable Costs” has the meaning set forth on Schedule 1.1(b). “Representative” of a Person or its Affiliates means the officers, directors, general partners, principals, managers, and employees, investment bankers, advisors, accountants, agents, legal counsel, consultants, independent accountants, Subcontractors or other representatives of such Person or of such Person’s Affiliates. “Required Third Party Consent” means any license, permit, consent or approval necessary from any Person (other than a Governmental Authority or an Affiliate of a Party) for the Administrator to provide, or procure the provision of, or for the Recipient to receive, any