Specific Indemnity definition

Specific Indemnity means any of such events as provided under Schedule VI hereto; “Subscription Amount” shall have the meaning ascribed to the term in Clause 2.1; “Subscription Shares” have the meaning ascribed to the term in Clause 2.1;
Specific Indemnity means the indemnity given in clause 9.2 (Specific Indemnity);
Specific Indemnity shall have the meaning ascribed to such term in Section 8.02(a)(vi).

Examples of Specific Indemnity in a sentence

  • Subject to the additional limitations contained in Section 7.2(b), if Transferors have an obligation to indemnify the NGL Indemnified Parties with respect to a claim for indemnification pursuant to Section 7.2(a) (other than a Transferor Specific Indemnity Obligation), then the liability of each such Transferor for Damages with respect to such claim shall in no event exceed such Transferor’s Pro Rata Portion of the aggregate Damages with respect to such claim under Section 7.2(a).

  • Except to the extent of its obligations in respect of the Specific Indemnity, in no event shall either Seller be responsible for Losses in excess of the portion of the Final Purchase Price paid to such Seller.

  • In the event of any litigation arising from a claim for Fraud or the matters set forth on the Specific Indemnity Schedule, the prevailing party shall be entitled to recover from the non-prevailing party all reasonable costs incurred including staff time, court costs, attorneys’ fees, and all other related expenses incurred in such litigation.

  • The Company shall have filed all appropriate notices of claim against the General Indemnity Escrow Agreement and the Specific Indemnity Escrow Agreement executed in connection with the XXXXxxxxxx.xxx, Inc.

  • It is clarified that the acceptance, conceding or settlement of any Government Litigation by the Indemnified Party shall not prejudice the right of the Indemnifying Parties to dispute whether such Government Litigation arises out of Specific Indemnity Matters and/or any breach of Representations and Warranties.


More Definitions of Specific Indemnity

Specific Indemnity has the meaning given to it under Article 11;
Specific Indemnity has the meaning set forth in Section 11.01(a)(iv).
Specific Indemnity shall have the meaning set forth in Section 0.
Specific Indemnity means indemnity provided by the Company to Sabre in respect of any of such events as provided under Schedule 6 hereto;
Specific Indemnity means each item listed in Schedule 8 (Specific Indemnities) and any other item mutually agreed to be the subject matter of a “Specific Indemnity” in accordance with Clause 7.1(b) of this Agreement;
Specific Indemnity has the meaning given to it in clause 15.1.4;
Specific Indemnity means matters specified in Schedule 5 in respect of which Comtrade has agreed to indemnify the Purchaser pursuant to and in accordance with clause 11, and “Specific Indemnities” will be construed accordingly;