Vendor Indemnified Parties definition

Vendor Indemnified Parties means the Vendor and each officer, director, employee, consultant and shareholder of the Vendor;

Vendor Indemnified Parties has the meaning given to it in Section 7.3.

Vendor Indemnified Parties has the meaning set forth in Section 10.4;

Examples of Vendor Indemnified Parties in a sentence

• From and after the Closing Date, and subject to the provisions of this Part 8, the Purchaser agrees to indemnify and hold harmless the Vendor Indemnified Parties from and against any and all Vendor Indemnified Costs.

• Notwithstanding the foregoing, the Purchaser shall not settle or compromise any such claim without the prior written consent of Vendor, which consent shall not be unreasonably withheld, provided, that such consent shall not be required in the event that the settlement or compromise includes an unconditional and complete release of the Vendor Indemnified Parties and does not provide for any ongoing obligations of Vendor.

• If there is no scheduled interval, expenses are averaged over the intended coverage period.

• No settlement of any such legal proceeding may be made by the Purchaser without the prior written consent of the Vendor, such consent not to be unreasonably withheld, or the settlement includes an unconditional release of the Vendor Indemnified Parties that are subject to such legal proceeding from any liabilities arising from such legal proceeding without any admission of negligence, misconduct, liability or responsibility by such Vendor Indemnified Parties.

• The Purchaser shall use reasonable commercial efforts to maintain, and the Vendor and its Representatives shall be allowed reasonable access to, the Books and Records, for a period of seven years from the Closing Date or for such longer period of time as may be required by Applicable Law or in connection with any claim made against the Vendor Indemnified Parties.

More Definitions of Vendor Indemnified Parties

Vendor Indemnified Parties shall have the meaning ascribed to such term in Section 10.2(b) hereof.

Vendor Indemnified Parties means the Vendor, its affiliates and each of their respective officers, directors, employees, agents, successors, and assigns.

Vendor Indemnified Parties means the Vendor, the Corporations (prior to the Closing Date) and their shareholders, directors, officers, employees and agents.

Vendor Indemnified Parties has the meaning ascribed thereto in Section 11.3(a); “Vendor Nominee” has the meaning set out in Section 7.6(a);

Vendor Indemnified Parties has the meaning ascribed to it in Section 8.2; and

Vendor Indemnified Parties means the Vendors, the Principals and Callon and each officer, direxxxx, employee, consultant and shareholder of any such Person; (hhhh) "Vendors' Solicitors" means Darcy L. Wray of Synergy Busixxxx Lawyers; and (iiii) "Weighted Average Price" means the price determined by multiplying the daily close price of the Purchaser's shares on the United States OTC Bulletin Board by the daily trading volume of such shares for the thirty trading days prior to the Closing Date and dividing such figure by the total trading volume of such shares over the same 30 day trading period.

Vendor Indemnified Parties has the meaning given to it in Section 8.2 of this Agreement.