Common use of General Indemnity Obligation Clause in Contracts

General Indemnity Obligation. The Escrow Fund shall be held by the Escrow Agent as security for the indemnification obligation of Seller under the Asset Purchase Agreement.

Appears in 1 contract

Samples: Real Estate Purchase Agreement (Kaydon Corp)

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General Indemnity Obligation. The Escrow Fund shall be held by the Escrow Agent as security for the indemnification obligation of Seller Sellers under the Asset Stock Purchase Agreement. Purchaser may make a claim against the Escrow Fund for any amounts for which Sellers may be so liable to Purchaser under the Stock Purchase Agreement.

Appears in 1 contract

Samples: Stock Purchase Agreement (Kaydon Corp)

General Indemnity Obligation. The Escrow Fund shall be held by the Escrow Agent as security for the indemnification obligation of Seller under the Asset Purchase Agreement. Purchaser may make a claim against the Escrow Fund for any amounts for which Seller may be so liable to Purchaser under the Asset Purchase Agreement.

Appears in 1 contract

Samples: Asset Purchase Agreement (Kaydon Corp)

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General Indemnity Obligation. The Escrow Fund shall be held by the Escrow Agent as security for the indemnification obligation of Seller Sellers under the Asset Purchase Agreement. Purchaser may make a claim against the Escrow Fund for any amounts for which Sellers may be so liable to Purchaser under the Asset Purchase Agreement.

Appears in 1 contract

Samples: Asset Purchase Agreement (Kaydon Corp)

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