Common use of Buyer’s Indemnity Obligations Clause in Contracts

Buyer’s Indemnity Obligations. Buyer shall indemnify Seller against, and hold Seller harmless from and against, any and all amounts that arise from, are based on or relate or otherwise are attributable to (a) any error, inaccuracy, breach or misrepresentation in any of the representations and warranties made by or on behalf of Buyer in this Agreement, (b) any violation or breach by Buyer of or default by Buyer under the terms of this Agreement. Seller shall be entitled to recover its reasonable and necessary attorneys’ fees and litigation expenses incurred in connection with successful enforcement of their rights under this Section 6.2.

Appears in 9 contracts

Samples: Shares Purchase Agreement (DryShips Inc.), Shares Purchase Agreement (DryShips Inc.), Shares Purchase Agreement (DryShips Inc.)

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Buyer’s Indemnity Obligations. Buyer shall indemnify the Seller against, and hold the Seller harmless from and against, any and all amounts that arise from, are based on or relate or otherwise are attributable to (a) any error, inaccuracy, breach or misrepresentation in any of the representations and warranties made by or on behalf of the Buyer in this Agreement, (b) any violation or breach by the Buyer of or default by Buyer under the terms of this Agreement. The Seller shall be entitled to recover its reasonable and necessary attorneys’ fees and litigation expenses incurred in connection with successful enforcement of their its rights under this Section 6.2.6.3

Appears in 1 contract

Samples: Share Purchase Agreement (Box Ships Inc.)

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Buyer’s Indemnity Obligations. Buyer shall indemnify Seller against, and hold Seller the Sellers harmless from and against, any and all amounts that arise from, are based on or relate or otherwise are attributable to (a) any error, inaccuracy, breach or misrepresentation in any of the representations and warranties made by or on behalf of the Buyer in this Agreement, (b) any violation or breach by the Buyer of or default by Buyer under the terms of this Agreement. Seller The Sellers shall be entitled to recover its reasonable and necessary attorneys' fees and litigation expenses incurred in connection with successful enforcement of their rights under this Section 6.2.

Appears in 1 contract

Samples: Share Purchase Agreement (DryShips Inc.)

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