Cross Indemnification. From and after the Effective Time (but subject to Section 8.1(a)), PROVIDENCE and the and UAC shall hold harmless and indemnify each other from and against, and shall compensate and reimburse the other party for, any Damages which are directly or indirectly suffered or incurred by either party or to which either party may otherwise become subject (regardless of whether or not such Damages relate to any third-party claim) and which arise from or as a result of, or are directly or indirectly connected with: (i) any inaccuracy in or breach of any representation or warranty set forth in Sections 2 or 3 (without giving effect to any Material Adverse Effect or other materiality qualification or any similar qualification contained or incorporated directly or indirectly in such representation or warranty, but giving effect to any update to the Disclosure Schedule delivered by PROVIDENCE and UAC prior to the Closing); (ii) any breach of any covenant or obligation of PROVIDENCE, or UAC (including the covenants set forth in Sections 4 and 5); or (iii) any Legal Proceeding relating to any inaccuracy or breach of the type referred to in clause "(i)" or "
Appears in 2 contracts
Samples: Merger Agreement (Providence Capital I Inc), Merger Agreement (United American Companies Inc)
Cross Indemnification. From and after the Effective Time (but subject to Section 8.1(a)), PROVIDENCE and the and UAC GOURMET shall hold harmless and indemnify each other from and against, and shall compensate and reimburse the other party for, any Damages which are directly or indirectly suffered or incurred by either party or to which either party may otherwise become subject (regardless of whether or not such Damages relate to any third-party claim) and which arise from or as a result of, or are directly or indirectly connected with: (i) any inaccuracy in or breach of any representation or warranty set forth in Sections 2 or 3 Articles II and III (without giving effect to any Material Adverse Effect or other materiality qualification or any similar qualification contained or incorporated directly or indirectly in such representation or warranty, but giving effect to any update to the Disclosure Schedule delivered by PROVIDENCE and UAC GOURMET prior to the Closing); (ii) any breach of any covenant or obligation of PROVIDENCE, PROVIDENCE or UAC GOURMET (including the covenants set forth in Sections 4 Articles IV and 5V); or (iii) any Legal Proceeding relating to any inaccuracy or breach of the type referred to in clause "(i)" or "
Appears in 1 contract
Cross Indemnification. From and after the Effective Time (but subject to Section 8.1(a)), PROVIDENCE and the and UAC Lifelong shall hold harmless and indemnify each other from and against, and shall compensate and reimburse the other party for, any Damages which are directly or indirectly suffered or incurred by either party or to which either party may otherwise become subject (regardless of whether or not such Damages relate to any third-party claim) and which arise from or as a result of, or are directly or indirectly connected with: (i) any inaccuracy in or breach of any representation or warranty set forth in Sections 2 or 3 (without giving effect to any Material Adverse Effect or other materiality qualification or any similar qualification contained or incorporated directly or indirectly in such representation or warranty, but giving effect to any update to the Disclosure Schedule delivered by PROVIDENCE and UAC Lifelong prior to the Closing); (ii) any breach of any covenant or obligation of PROVIDENCE, or UAC Lifelong (including the covenants set forth in Sections 4 and 5); or (iii) any Legal Proceeding relating to any inaccuracy or breach of the type referred to in clause "(i)" or "
Appears in 1 contract
Samples: Merger Agreement (Lifelong Com Inc)
Cross Indemnification. From and after the Effective Time (but subject to Section 8.1(a)), PROVIDENCE OAK BROOK and the and UAC ALPHA FIBRE shall hold harmless and indemnify each other from and against, and shall compensate and reimburse the other party for, any Damages which are directly or indirectly suffered or incurred by either party or to which either party may otherwise become subject (regardless of whether or not such Damages relate to any third-party claim) and which arise from or as a result of, or are directly or indirectly connected with: (i) any inaccuracy in or breach of any representation or warranty set forth in Sections 2 or 3 (without giving effect to any Material Adverse Effect or other materiality qualification or any similar qualification contained or incorporated directly or indirectly in such representation or warranty, but giving effect to any update to the Disclosure Schedule delivered by PROVIDENCE OAK BROOK and UAC ALPHA FIBRE prior to the Closing); (ii) any breach of any covenant or obligation of PROVIDENCEOAK BROOK, or UAC ALPHA FIBRE (including the covenants set forth in Sections 4 and 5); or (iii) any Legal Proceeding relating to any inaccuracy or breach of the type referred to in clause "(i)" or "
Appears in 1 contract
Samples: Merger Agreement (Alpha Fibre Inc)