Common use of Breach Liabilities and Indemnification Clause in Contracts

Breach Liabilities and Indemnification. 5.1 Any Party shall be deemed in breach of this Agreement if it breaches or fails to perform any of its representations, warranties, covenants, obligations and liabilities set forth herein. 5.2 Unless otherwise expressly agreed herein, any Party in breach of this Agreement shall indemnify the non-defaulting Party for any cost, liability or any loss (including without limitation any interest accrued therefrom and legal fees) incurred by the non-defaulting Party. The total amount of indemnity payable by the defaulting Party to the non-defaulting Party shall be the loss arising from such breach.

Appears in 3 contracts

Samples: Termination Agreement (Baidu, Inc.), Termination Agreement (Baidu, Inc.), Termination Agreement (Baidu, Inc.)

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Breach Liabilities and Indemnification. 5.1 6.1 Any Party shall be deemed in breach of this Agreement if it breaches or fails to perform any of its representations, warranties, covenants, obligations and liabilities set forth herein. 5.2 6.2 Unless otherwise expressly agreed herein, any Party in breach of this Agreement shall indemnify the non-defaulting Party for any cost, liability or any loss (including without limitation any interest accrued therefrom and legal fees) incurred by the non-defaulting Party. The total amount of indemnity payable by the defaulting Party to the non-defaulting Party shall be the loss arising from such breach.

Appears in 2 contracts

Samples: Termination Agreement (Baidu, Inc.), Termination Agreement (Baidu, Inc.)

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