Examples of Transferee Indemnified Parties in a sentence
The foregoing also applies mutatis mutandis to the Transferee in respect of the Transferee Indemnified Parties.
This Agreement shall be binding upon and enure to the benefit of the Transferee, TDSI Transferor, the Transferor Indemnified Parties, the Transferee Indemnified Parties and their respective heirs, executors, administrators, successors and permitted assigns.
This Agreement shall be binding upon and enure to the benefit of the Transferee, TD Transferor, the Transferor Indemnified Parties, the Transferee Indemnified Parties and their respective heirs, executors, administrators, successors and permitted assigns.
Violation of any of the provisions of this ordinance or failure to comply with any of its requirements is hereby deemed and declared a violation of this section of this ordinance and subject to the penalties hereinafter provided and each day that such violation continues, shall constitute a separate and additional violation for each such day.
The Transferors shall fully indemnify, defend and hold harmless the Transferee Indemnified Parties from and against any and all subrogation claims for any and all damages asserted by or on behalf of the Transferors’ insurers for Pre-Existing Environmental Matters, EVEN IF SUCH CLAIMS DIRECTLY OR INDIRECTLY ALLEGE THAT A TRANSFEREE INDEMNIFIED PARTY WAS SOLELY, PARTIALLY, JOINTLY, OR CONCURRENTLY NEGLIGENT, STRICTLY LIABLE, CULPABLE, AT FAULT, OR GROSSLY NEGLIGENT.
However, with respect to the Warrantors’ breach of the provisions of Section 8.02 (a) and (b) resulting in Transferee Losses but not resulting in the Group Members Losses (for instance, the Warrantors’ breach of its Closing obligations), the Warrantors shall still indemnify the Transferee Indemnified Parties for the Transferee Losses in accordance with the provisions of this Section 8.02.
For the reasons discussed below, the Court recommends that the district judge grant Teespring’s motions to sever and transfer.
If the Warrantors fail to indemnify all of the Group Members within a reasonable time, the Transferee Indemnified Parties shall continue to have the right to request the Warrantors to indemnify all of its Transferee’s Losses in accordance with the provisions of this Section 8.02 (in such case, the Transferee’s Losses of the Transferee Indemnified Parties shall be equal to the aggregate amount of the Losses Group Members multiplied by 14.65%).
All references in this Agreement to the Transferee Indemnified Parties shall be deemed to include such person’s or entity’s successors and assigns.
The Transferee Indemnified Parties shall have no right of offset against any Development Incentive Units which are no longer retained by the Transferee and have been paid or distributed to the person or entity entitled to receive them as provided on Schedule 2.1(a)(a).