Common use of Damage to Purchaser Clause in Contracts

Damage to Purchaser. The parties acknowledge and agree that, if after the Closing the Company suffers, incurs or otherwise becomes subject to any Damages as a result of or in connection with any inaccuracy in or breach of any representation, warranty, covenant or obligation, then (without limiting any of the rights of the Company as an Indemnitee) Purchaser shall also be deemed, by virtue of its ownership of the capital stock of the Company after the Closing, to have incurred Damages as a result of and in connection with such inaccuracy or breach.

Appears in 4 contracts

Samples: Amended and Restated Agreement and Plan of Merger (TILT Holdings Inc.), Amended and Restated Agreement and Plan of Merger (TILT Holdings Inc.), Stock Purchase Agreement (Scansource, Inc.)

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Damage to Purchaser. The parties acknowledge and agree that, if if, on or after the Closing Date, any of the Company Acquired Companies suffers, incurs or otherwise becomes subject to any Damages as a result of or in connection with any inaccuracy in or breach of any representation, warranty, covenant or obligationobligation or any other matter referred to in Section 5.2(a), then (without limiting any of the rights of the Company as an Indemnitee) Purchaser shall also be deemed, by virtue of its ownership of the capital stock of the Company after the ClosingCompany, to have incurred Damages as a result of and in connection with such inaccuracy inaccuracy, breach or breachmatter.

Appears in 2 contracts

Samples: Share Purchase Agreement, Share Purchase Agreement (Riverbed Technology, Inc.)

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Damage to Purchaser. The parties acknowledge and agree that, if after the Closing the Company suffers, suffers or incurs or otherwise becomes subject to any Damages as a result of or in connection with any inaccuracy in or breach of any representation, warranty, covenant or obligationother item that is indemnifiable under Section 9.2(a), then (without limiting any of the rights of the Company as an Indemnitee) Purchaser shall also be deemed, by virtue of its ownership of the capital stock of the Company after the Closing, to have incurred Damages as a result of and in connection with such inaccuracy or breach.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Appfolio Inc)

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