Seller Indemnifiable Loss definition

Seller Indemnifiable Loss has the meaning set forth in Section 8.1.

Examples of Seller Indemnifiable Loss in a sentence

  • Notwithstanding anything set forth in this Section 10.1, (i) any Losses incurred by any Buyer Indemnitee in connection with any Excluded Liability, and (ii) any Losses incurred by any Buyer Indemnitee arising out of the failure of Seller or any Selling Member to perform any covenant or obligation to be performed by him or it at or after the Closing Date, shall not, in any such case, be subject to or applied against the Seller Indemnifiable Loss Limit or the Basket, respectively.

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