Transferor Indemnified Parties definition

Transferor Indemnified Parties has the meaning set forth in Section 7.3.

Transferor Indemnified Parties has the meaning ascribed thereto in section 6.1 hereof.

Transferor Indemnified Parties has the meaning set forth in Section 6.11 of the Master Transfer Agreement.

Examples of Transferor Indemnified Parties in a sentence

• The NGL Group Entities shall be obligated to indemnify Transferor Indemnified Parties pursuant to Section 7.3 only for those claims giving rise to Damages of Transferor Indemnified Parties as to which a Transferor Indemnified Party has given the NGL Group Entities written notice prior to the end of the Survival Period, if any.

• Any written notice delivered by a Transferor Indemnified Party to the NGL Group Entities with respect to Damages of Transferor Indemnified Parties shall set forth with as much specificity as is reasonably practicable the basis of the claim for Damages of Transferor Indemnified Parties and, to the extent reasonably practicable, a reasonable estimate of the amount thereof.

• Nothing in this Agreement, express or implied, is intended to confer upon any Person other than the Parties, the Transferor Indemnified Parties (solely with respect to Article VII) and the NGL Indemnified Parties (solely with respect to Article VIX) and their respective permitted successors and assigns, any rights, benefits or obligations hereunder, except as set forth in Article VII.

• The Transferee hereby indemnifies and saves harmless the Transferor Indemnified Parties from and against all Losses and Liabilities that any of the Transferor Indemnified Parties may suffer as a result of, or in connection with, its failure to have obtained such licences, permits, consents and given such notices prior to the Release Time.

• 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.

• The parties hereto do not intend that any third-party shall have any rights under this Agreement except as expressly provided herein, including with respect to the New Manager Indemnified Parties and the Transferor Indemnified Parties.

• The Transferee Indemnified Parties or Transferor Indemnified Parties shall each be referred to as an "Indemnified Party." Whenever any claim shall arise for indemnification hereunder not involving a demand, claim, action or proceeding made or brought by a third party, including without limitation a government agency (a "Proceeding"), the Indemnified Party shall notify the indemnifying party promptly after such Indemnified Party has actual knowledge of the facts constituting the basis for such claim.

• Notwithstanding the foregoing, the Transferee acknowledges to each of the Transferor Indemnified Parties their direct rights against it under Section 5.2 of this Agreement.

• Except for the Transferor Indemnified Parties, no person that is not a Party shall be entitled to rely on the provisions of this Agreement in any action, suit, proceeding, hearing or other forum.

More Definitions of Transferor Indemnified Parties

Transferor Indemnified Parties means Transferor Parties, their affiliates and the stockholders, members, directors, managers, officers, employees, agents, representatives, successors and assigns and affiliates of any of the foregoing.

Transferor Indemnified Parties has the meaning set forth in Section 10.3(a).

Transferor Indemnified Parties means each Transferor and each Transferor's respective affiliates, permitted assigns and successors in interest.

Transferor Indemnified Parties has the meaning set forth in Section 4.2.

Transferor Indemnified Parties means, collectively, the Transferors and (without duplication) their respective executors and assigns.

Transferor Indemnified Parties has the meaning set forth in Section 7.3. “Transferred Interests” has the meaning set forth in the Recitals.