Stockholder Indemnified Person definition

Stockholder Indemnified Person has the meaning specified in Section 6(a).
Stockholder Indemnified Person is defined in Section 8.3.
Stockholder Indemnified Person means a Stockholder, its affiliates and the respective successors and assigns of each of the foregoing.

Examples of Stockholder Indemnified Person in a sentence

  • The rights of the Parent Indemnified Persons and the Stockholder Indemnified Persons under this ARTICLE VIII are cumulative, and each Parent Indemnified Person and Stockholder Indemnified Person shall have the right in its sole discretion to enforce any provision of this ARTICLE VIII without regard to the availability of any other remedy under any other provision of this Agreement.

  • None of the provisions of this Agreement is intended to provide any rights or remedies to any Person other than the parties hereto and their respective successors and assigns (if any), except that the provisions set forth in Section 9 also shall be for the benefit of, and enforceable by the Stockholder Representative and any Stockholder Indemnified Person, any Parent Indemnified Person and their respective their successors and assigns (if any).

  • The rights of each Buyer Indemnified Person and Stockholder Indemnified Person under this Article IX are cumulative, and each Buyer Indemnified Person and Stockholder Indemnified Person, as the case may be, will have the right in any particular circumstance, in its sole discretion, to enforce any provision of this Section 9 without regard to the availability of a remedy under any other provision of this Section 9.

  • If such event involves a claim or Loss by a Person other than a Purchaser Indemnified Person or a Stockholder Indemnified Person (a "Third Party Claim"), the Indemnitee shall give the Indemnitor written notice of such claim specifying the amount thereof, if any, or the commencement of such action or proceeding.

  • The Escrow Agent shall hold and safeguard the Escrow Fund until the Termination Date, provided that if the Escrow Agent has received from any Stockholder Indemnified Person a Claim Notice setting forth a claim that has not been resolved by the Termination Date, then the Escrow Agent shall hold and safeguard the Escrow Fund until the claim has been resolved and the Escrow Fund released in accordance with this Agreement.

  • Notwithstanding the other provisions of this Section 9, the Parent shall not be obligated to indemnify any Stockholder Indemnified Person with respect to any claim for Damages pursuant to Section 9.2(b) unless and until the aggregate amount that the Stockholder Indemnified Persons are entitled to receive in the absence of this clause exceeds $42,000 (the “Parent Basket”).

  • All claims for indemnification under this Section 8.3 (i) by any Stockholder Indemnified Person may only be made on behalf of such Stockholder Indemnified Person by Stockholders’ Representative and (ii) against any Stockholder Indemnifying Party shall be addressed to Stockholders’ Representative.


More Definitions of Stockholder Indemnified Person

Stockholder Indemnified Person has the meaning given such term in Section 8.9.

Related to Stockholder Indemnified Person