Specific Indemnity Clause Samples
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Specific Indemnity. Without prejudice to the generality of Section 7.6, the Group Companies hereby agree to jointly and severally indemnify and hold harmless (a) the Series B1 Investor and its employees, Affiliates, Associates, directors, agents and assigns, and (b) the Series B1 Director ((a) and (b) collectively, the “Specific Indemnified Parties”, and each, a “Specific Indemnified Party” ), from and against any and all Indemnifiable Losses suffered by any of the Specific Indemnified Parties, directly or indirectly, as a result of, or based upon or arising from any of the following:
(a) any claim or action that any of the Series A Investors and the Series A1 Investor may have against any of the Group Companies, the Principals or the Principal Holding Companies, in each case, arising out of or in connection with any of the representations, warranties, covenants and indemnities made by each of them under, in connection with or pursuant to (i) the Series A Share Purchase Agreement, (ii) the Series A1 Share Purchase Agreement, (iii) the Series A1 Shareholders Agreement and/or (iv) the investment in the Group by any Series A Investor or Series A1 Investor;
(b) any delay or failure in making any payment for applicable Taxes by any Group Company, including failure of Jifen to pay any Levy of Construction Fee for Cultural Undertakings, value-added tax or withholding tax that are due and payable by Jifen under applicable Laws of the PRC prior to the Closing;
(c) the operation of the Business by Jifen and Xike without the Material Licenses prior to the Closing;
(d) the failure to maintain an appropriate content management system or the publishing, display or distribution of any content by the Group or by any user of the APPs operated by the Group which violate applicable Laws or infringe the rights of any other Persons or without having completed the requisite diligence of the legality of such content; and
(e) the operation of the Business under the name “趣头条” without having registered the “趣头条” trademark with the relevant Governmental Authorities or the infringement of any Intellectual Property rights of any Person due to the operation of the Business under the name “趣头条”. 44 Share Purchase Agreement If any Group Companies fail to pay any portion of the Indemnifiable Losses suffered by the Specific Indemnified Party within three (3) months after receiving a valid claim for indemnification by raised by the Series B1 Investor, the Principals shall be liable to pay for any amount of sh...
Specific Indemnity. As to the actual “tying-in” of the respective facilities constructed by the Parties under this agreement, SoCalGas shall be solely responsible for performing the “tie-in”.
Specific Indemnity. Without limiting the generality of clause 10.1, the Contractor agrees to indemnify VicForests and its directors, employees, agents and contractors against all Loss in respect of:
(a) personal injury (which expression shall include illness and disability) to, or death of, any person at the Harvest Sites or the Delivery Sites;
(b) loss or destruction of, or injury or damage to or loss of use of property, real or personal of any person at the Harvest Sites or the Delivery Sites; to the extent that such Loss is caused by the Contractor’s negligent or wilful acts or omissions.
Specific Indemnity. 11.1 The Seller shall indemnify the Purchaser for any and all Damages, resulting from any and all payments made or to be made by the Purchaser under the Transferred Liabilities to the extent that such payments relate to the period up to the Closing Date or to events, circumstances or facts occurred prior to the Closing Date;
11.2 The limitations set out in Clause 8 and Clause 9 shall not apply to this specific indemnity.
Specific Indemnity. The Mortgage Manager must indemnify the Trustee and the Trust Manager for all costs, losses, damages, claims and expenses suffered or incurred by the Trustee or the Trust Manager as a result of the Mortgage Manager, or any employee, agent or other person engaged by the Mortgage Manager being, or being held to be, the agent, partner or employee of the Trustee or the Mortgage Manager.
Specific Indemnity. An employee may be eligible for Workers' Compensation payments for a permanent partial loss of use to a part of his/her body. This usually occurs after the end of Temporary Total and the percentage rating is given by the employee's doctor subject to the approval of the Workers' Compensation Commissioner.
Specific Indemnity. Notwithstanding anything to the contrary set out herein and anything specifically Disclosed in the Disclosure Schedule, but without prejudice to the generality of this section, the Indemnifying Party agrees to defend and hold harmless the Indemnified Parties from and against all losses, expenses, costs, Damages, liabilities, penalties, judgments, costs (including legal costs), charges, actions, proceedings, interest, fine and demands arising on account of:
(a) any liabilities arising out of the engagements with the restaurants that the Company deals with;
(b) breach, if any, of the provisions of the Food Safety and Standards Act, 2006 and the rules and regulations framed thereunder;
(c) any incompleteness, inaccuracy or discrepancy in the accounts, books, ledgers, or financial or other records of the Company, resulting in adverse variations in excess of 5% (five percent) from any one or more of the items of information Disclosed to the Investors prior to the Execution Date;
(d) any liability arising in connection with the Foreign Exchange Management Act, 1999 (and the rules and regulations made thereunder) and / or the foreign direct investment policy issued by the Department for Promotion of Industry and Internal Trade, Ministry of Commerce and Industry, Ministry of Commerce, Government of India, including any late submission fees imposed on the Company with relation to late filing of requisite forms under the Foreign Exchange Management Act, 1999;
(e) any liabilities arising out of (i) any orders of a court/tribunal relating to employees’ provident fund or state insurance contributions/dues, and/or (ii) inadequate or delayed provident fund or state insurance contributions made by the Company, under the Employees’ Provident Funds and Miscellaneous Provisions Act, 1952 or the Employees’ State Insurance Act, 1948, respectively, including all interest and taxes related thereto;
(f) breach, if any, of the FSSAI (Licensing and Registration) Amendment Regulations, 2018; and/or
(g) any liability arising out of any orders of a court/tribunal or Governmental Authority under the Central Goods and Services Tax Act, 2017, State Goods and Services Tax Act, 2017, and/or the Integrated Goods and Services Tax Act, 2017 in connection with any dues or payment of Taxes by the Company. (each a “Specific Indemnity Event”)
Specific Indemnity. Without limiting the generality of Section 9.1, each Warrantor hereby agrees to jointly and severally indemnify and hold harmless each Indemnitee, from and against any and all Indemnifiable Losses suffered by such Indemnitee, directly or indirectly, as a result of, or based upon or arising from the failure of the Group Companies and the Founders (i) to timely register certain equity pledges made by each individual equity holder of the Domestic Company; (ii) to obtain and maintain any governmental permits, licenses, certificates, or any similar authority necessary for the conduct of the business of the Group Companies, including to timely file the changes of registered capital and registered address to the extent applicable to relevant certificates, licenses and registrations of the Domestic Company and the WFOE; and (iii) to comply with any SAFE Rules and Regulations according to this Agreement. Such indemnification shall not be prejudiced by or be otherwise subject to any disclosure (in the Disclosure Schedule or otherwise) and shall apply regardless of whether the Indemnitees have any knowledge, actual or constructive, with respect thereto.
Specific Indemnity. Without affecting the generality of Section 5.3(a), each Warrantor hereby agrees to jointly and severally indemnify each Indemnified Person against any and all Indemnifiable Losses suffered by such Indemnified Person as a result of, or based upon or arising from any claim, Liability or penalty which has been made or imposed or may hereafter be made or imposed by any Governmental Authority or any other Person arising out of or in connection with (x) the non-compliance by any Group Company with articles 176 or 192 of the PRC Criminal Law, and (y) any non-payment or underpayment of Tax or Social Insurance or housing fund contributions by any Group Companies. Such indemnification shall not be prejudiced by or be otherwise subject to any disclosure and shall apply regardless of whether the Indemnified Person have any knowledge, actual or constructive, with respect thereto.
Specific Indemnity. Without limiting the generality of Section 7.1, each Warrantor hereby agrees to jointly and severally indemnify and hold harmless each Purchaser Indemnified Party, from and against any and all losses suffered by such Purchaser Indemnified Party as a result of, or based upon or arising from (i) the failure by the Warrantors to procure the Staying Onshore Investors or the Staying Onshore Investor Transferees to transfer all of their equity interests in ECMOHO Shanghai to ECMOHO Hong Kong, or (ii) the failure by the Warrantors to procure the termination of the Capital Increase Agreements, the Round A Shareholders Agreement (as defined in the Investors Rights Agreement) and the Round B Shareholders Agreement (as defined in the Investors Rights Agreement) in accordance with Section 6.13. Such indemnification shall not be prejudiced by or be otherwise subject to any disclosure (in the Disclosure Schedule or otherwise) and shall apply regardless of whether the Purchaser Indemnified Parties have any knowledge, actual or constructive, with respect thereto.