Examples of Seller Indemnity in a sentence
INDEMNITIES 46 12.1 Seller Indemnity 46 12.2 Buyer Indemnity 46 12.3 Indemnification Conditions 46 12.4 Third Party Beneficiary Conditions 46 13.
Additional Seller Indemnity Obligations: Additional Purchaser Indemnity Obligations: Not applicable.
Once the total amount of such Damages exceeds the Seller Indemnity Deductible Amount, then the Seller Indemnitees shall be entitled to be indemnified and held harmless against and compensated and reimbursed for the amount of such Damages, that exceeds $500,000.
INDEMNITIES 47¶ 12.1 Seller Indemnity 47¶ 12.2 Buyer Indemnity 47¶ 12.3 Indemnification Conditions 48¶ 12.4 Third Party Beneficiary Conditions 48¶ 13.
Subject to the Seller Indemnity Cap (as hereinafter defined in Section 5.7) in any event, it is expressly understood that amounts payable to Seller under the Note shall be used to offset and satisfy claims made under Section 5 against Seller by Purchaser or any other Purchaser Indemnitee (as hereinafter defined in Section 5.2) for indemnification up to the Offset Maximum Amount (as hereinafter defined in Section 5.5).
INDEMNITIES 78 18.1 Seller Indemnity 78 18.2 Buyer Indemnity 78 18.3 Indemnification Conditions 79 18.4 Third Party Beneficiary Conditions 79 19.
In the event that Buyer makes any recovery against the Title Company with respect to such claim, then any potential Seller Indemnity with respect to such Post-Closing Title Defect shall be null and void.