Common use of No Circular Recovery Clause in Contracts

No Circular Recovery. Notwithstanding anything to the contrary in this Agreement, Seller Parent hereby agrees that it will not make any claim for indemnification against the Buyer or any Buyer Indemnified Person by reason of the fact that Seller Parent was a controlling person, director, manager, employee or representative of the Seller with respect to any claim brought by a Buyer Indemnified Person against Seller Parent relating to this Agreement or any of the transactions contemplated hereby or that is based on any facts or circumstances that form the basis for an indemnification claim by a Buyer Indemnified Person hereunder.

No Circular Recovery. Notwithstanding anything to the contrary in this Agreement, Seller Parent hereby ▇▇▇▇▇▇ agrees that it will not make any claim for indemnification against the Buyer or any Buyer Indemnified Person by reason of the fact that Seller Parent was a controlling person, director, managerofficer, employee or representative of the Seller with respect to any claim brought by a Buyer Indemnified Person against Seller Parent relating to this Agreement or any of the transactions contemplated hereby Contemplated Transactions or that is based on any facts or circumstances that form the basis for an indemnification claim Indemnity Claim by a Buyer Indemnified Person hereunder.

No Circular Recovery. Notwithstanding anything to the contrary in this Agreement, the Seller Parent hereby agrees that it will not make any claim for indemnification against the Buyer or Buyer, any Buyer Indemnified Person or the Company by reason of the fact that Seller Parent was a controlling person, director, manager, employee or representative of the Seller Company with respect to any claim brought by a Buyer Indemnified Person against any Seller Parent relating to this Agreement or any of the transactions contemplated hereby or that is based on any facts or circumstances that form the basis for an indemnification claim by a Buyer Indemnified Person hereunder.

No Circular Recovery. Notwithstanding anything to the contrary in this Agreement, the Seller Parent hereby agrees that it will not make any claim for indemnification against the Buyer or Buyer, any Buyer Indemnified Person or the Company by reason of the fact that the Seller Parent was a controlling person, director, manager, employee or representative of the Seller Company with respect to any claim brought by a Buyer Indemnified Person against the Seller Parent relating to this Agreement or any of the transactions contemplated hereby or that is based on any facts or circumstances that form the basis for an indemnification claim by a Buyer Indemnified Person hereunder.