Common use of GENERAL INDEMNIFICATION BY THE STOCKHOLDERS Clause in Contracts

GENERAL INDEMNIFICATION BY THE STOCKHOLDERS. Stockholders covenant and agree that they, severally and not jointly in the case of representations, warranties, covenants and agreements set forth in Section 7, and jointly and severally in all other cases, will indemnify, defend, protect and hold harmless Parent, Newco, Company and the Surviving Corporation at all times, from and after the Closing Date until the Expiration Date, from and against all claims, damages, actions, suits, proceedings, demands, assessments, adjustments, costs and expenses (including specifically, but without limitation, reasonable attorneys' fees and expenses of investigation) incurred by Parent, Newco, Company or the Surviving Corporation as a result of or arising from any breach of any representation, warranty, covenant or agreement on the part of Stockholders or Company under this Agreement.

Appears in 6 contracts

Samples: Agreement and Plan of Merger (Alliance Group Inc), Agreement and Plan of Merger (Alliance Group Inc), Agreement and Plan of Merger (Alliance Group Inc)

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GENERAL INDEMNIFICATION BY THE STOCKHOLDERS. Stockholders covenant and agree that they, severally and not jointly in the case of representations, warranties, warranties covenants and agreements set forth in Section 7, and jointly and severally in all other cases, will indemnify, defend, protect and hold harmless Parent, Newco, Company and the Surviving Corporation at all times, from and after the Closing Date until the Expiration Date, from and against all claims, damages, actions, suits, proceedings, demands, assessments, adjustments, costs and expenses (including specifically, but without limitation, reasonable attorneys' fees and expenses of investigation) incurred by Parent, Newco, Company or the Surviving Corporation as a result of or arising from any breach of any representation, warranty, covenant or agreement on the part of Stockholders or Company under this Agreement.;

Appears in 1 contract

Samples: Agreement and Plan of Merger (Alliance Group Inc)

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