Common use of Buyer’s Indemnity Obligations Clause in Contracts

Buyer’s Indemnity Obligations. (a) Upon receipt of notice thereof, Buyer shall indemnify, defend, and hold harmless Seller and/or the Company from any and all claims, demands, liabilities, damages, deficiencies, losses, obligations, costs, and expenses, including attorney fees and any costs of investigation that Seller and/or the Company shall incur or suffer, that arise, result from or relate to any breach of, or failure by Buyer to perform any of its representations, warranties, covenants, or agreements in this Agreement or in any schedule, certificate, exhibit, or other instrument furnished or to be furnished by Buyer under this Agreement.

Appears in 6 contracts

Samples: Share Exchange Agreement (International Packaging & Logistics Group Inc.), Stock Purchase Agreement (Consorteum Holdings, Inc.), Share Purchase Agreement (International Packaging & Logistics Group Inc.)

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Buyer’s Indemnity Obligations. (a) Upon receipt of notice thereof, Buyer shall indemnify, defend, and hold harmless Seller and/or the Company from any and all claims, demands, liabilities, damages, deficiencies, losses, obligations, costs, and expenses, including attorney fees and any costs of investigation that Seller and/or the Company shall incur or suffer, that arise, result from or relate to any breach of, or failure by Buyer to perform perform, any of its representations, warranties, covenants, or agreements in this Agreement or in any schedule, certificate, exhibit, or other instrument furnished or to be furnished by Buyer under this Agreement.

Appears in 2 contracts

Samples: Stock Acquisition Agreement (PHYHEALTH Corp), Stock Acquisition Agreement (PHYHEALTH Corp)

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Buyer’s Indemnity Obligations. (a) Upon receipt of notice thereof, Buyer shall indemnify, defend, and hold harmless the Seller and/or or any of their agents, attorneys, or advisors against and in respect to the Company from same, and in respect to any and all claims, demands, losses, costs, expenses, obligations, liabilities, damages, recoveries, and deficiencies, lossesincluding interest, obligationspenalties and reasonable attorney’s fees, costs, and expenses, including attorney fees and any costs of investigation that the Seller and/or the Company shall incur or suffer, that suffer which arise, result from from, or relate to to: (a) any breach of, or failure by the Buyer to perform perform, any of its their covenants, representations, warranties, covenants, warranties or agreements in this Agreement or in any schedule, certificate, exhibit, or other instrument furnished or to be furnished by the Buyer under this Agreement; or (b) any of the vendors, consultants or contractors Buyer retained on behalf of the Company and/or Buyer after the Effective Date.

Appears in 1 contract

Samples: Unit Repurchase, Release and Settlement Agreement (Lakes Entertainment Inc)

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