AVE avecho biotechnology limited

Subject to Clause 14.2, from and after the Completion Date, the...

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    Subject to Clause 14.2, from and after the Completion Date, the Seller shall indemnify, defend and hold harmless on an after-Tax basis the
    Purchaser and each of its respective officers, directors, employees, agents and Affiliates (including the Group Companies) (the "Purchaser
    Indemnitees"), from and against all claims, judgments, damages, penalties, fines, costs, liabilities and losses (including the settlement of claims,
    reasonable attorneys', consultant and expert fees, the cost of investigation) which arise or result from or relate, directly or indirectly, to:
    So while the arbitration is with Mylan,
    it's Strides who are exposed. Contrary to what a couple of posters have harped on about, it is highly unlikely any award will require enforcement action in India by Poh ... however any adverse finding by the arbitrator may see see Mylan taking this action against Strides.
 
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