Seller Party Indemnified Parties means (a) any of the Seller Parties, (b) their respective Affiliates and subsidiaries, (c) their respective equityholders, members, partners and Representatives, and (d) their respective heirs, executors, successors and permitted assigns. For the avoidance of doubt, after the Closing the term “Seller Party Indemnified Parties” shall not include the Company.
Seller Party Indemnified Parties means each of the Seller Parties and each Affiliate of the Seller Parties.
Examples of Seller Party Indemnified Parties in a sentence
The Purchaser and the Parent shall not be required to make any indemnification payments under Sections 9.3(a), (b) unless and until the claimsasserted against the Purchaser and/or the Parent exceed U.S.$300,000 in the aggregate, after which the Seller Party Indemnified Parties shall be entitled to recover for all Claims under Sections 9.3(a), (b) in excess of U.S.$300,000; provided, however, that the foregoing limitation shall not apply to any knowing or intentional breach of a representation or warranty.