Common use of Damage to Purchaser Clause in Contracts

Damage to Purchaser. The parties acknowledge and agree that, if any of the 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 or warranty by, or covenant or obligation of, the Acquired Companies and the Selling Parties, then (without limiting any of the rights of any of the Acquired Companies as an Indemnitee) the Purchaser shall also be deemed, by virtue of its ownership of the stock of the Company, to have incurred Damages as a result of and in connection with such inaccuracy or breach.

Appears in 2 contracts

Samples: Stock Purchase Agreement, Stock Purchase Agreement (OMNICELL, Inc)

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Damage to Purchaser. The parties acknowledge and agree that, that if any of the Acquired Companies Company suffers, incurs or otherwise becomes subject to any Damages as a result of or in connection with any inaccuracy of the matters referred to in or breach of any representation or warranty by, or covenant or obligation of, the Acquired Companies and the Selling Partiesthis Section 11.2, then (without limiting any of the rights of any of the such Acquired Companies Company as an Indemnitee) the Purchaser shall also be deemed, by virtue of its direct or indirect ownership of the stock of the such Acquired Company, to have incurred Damages as a result of and in connection with such inaccuracy or breachbreach or in connection with such matters.

Appears in 1 contract

Samples: Share Purchase Agreement (Tenable Holdings, Inc.)

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Damage to Purchaser. The parties acknowledge and agree that, that if any of the Acquired Companies 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 or warranty byrepresentation, or warranty, covenant or obligation of, set forth in this Agreement or in connection with any of the Acquired Companies and the Selling Partiesmatters referred to in this Section 11.2, then (without limiting any of the rights of any of the Acquired Companies Company as an Indemnitee) the Purchaser shall also be deemed, by virtue of its ownership of the stock of the Company, to have incurred Damages as a result of and in connection with such inaccuracy or breachbreach or in connection with such matters.

Appears in 1 contract

Samples: Share Purchase Agreement (Tenable Holdings, Inc.)

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