Buyer's Obligation after Closing. Buyer agrees to indemnify and hold harmless Seller against, and in respect of, any and all claims, losses, expenses, costs, obligations, and liabilities it may incur by reason of Buyer's breach of or failure to perform any of its warranties, guarantees, commitments, representation or covenants in this Agreement, or by reason of any act or omission of Buyer after the Closing Date that constitutes a breach or default under, or a failure to perform, any obligation, duty, or liability to Seller under any loan agreement, lease, contract, order, or other agreement to which it is a party or by which it is bound at the Closing Date, but only to the extent to which Buyer expressly assumes these obligations, duties, and liabilities under this Agreement.
Buyer's Obligation after Closing. (1) within ninety (90) days after the Closing, deliver to Seller a bank certified check in the amount of, or wire transfer to a bank account designated by Seller, two million five hundred thousand U.S. dollars ($2,500,000).
