Seller Parent Indemnified Parties definition
Examples of Seller Parent Indemnified Parties in a sentence
Purchaser shall indemnify and hold harmless the Sellers and the Seller Parent Indemnified Parties for and against all burdens and Liabilities arising out of any Replacement Shared Contract, each such arrangement referred to in this Section 2.2(d) and the portion of any Shared Contract that is subject to any such arrangement (other than Shared Contractual Liabilities allocated to Seller Parent in accordance with the following sentence).
In addition, ▇▇▇▇▇ shall indemnify, defend, and hold harmless the Seller Parent Indemnified Parties from and against any and all Losses that are incurred by a Seller Parent Indemnified Party arising as a result of the Buyer Parties’, or Buyer Parties’ sub‑licensees’, breach of Section 7.3.
The limitations and disclaimers of Seller Parent’s liability in this Article XI shall apply to all Seller Parent Indemnified Parties and limitations and disclaimers of Buyer’s liability in this Article XI shall apply to all Buyer Indemnified Parties.