Common use of INDEMNIFICATION AND PAYMENT OF DAMAGES BY SELLER Clause in Contracts

INDEMNIFICATION AND PAYMENT OF DAMAGES BY SELLER. The Sellers, jointly and severally, will indemnify and hold harmless Buyer, stockholders, controlling Persons, and affiliates (collectively, the "Seller Indemnified Persons") for, and will pay to the Seller Indemnified Persons the amount of, any loss, liability, claim, damage, expense (including reasonable costs of investigation and

Appears in 2 contracts

Samples: Asset Purchase Agreement (Outdoor Systems Inc), Asset Purchase Agreement (Outdoor Systems Inc)

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INDEMNIFICATION AND PAYMENT OF DAMAGES BY SELLER. The Sellers, jointly and severally, Seller will indemnify and hold harmless Buyer, stockholdersAcquisition, controlling Personsthe Surviving Corporation, and their respective affiliates (collectively, the "Seller Indemnified Persons") for, and will pay to the Seller Indemnified Persons the amount of, any loss, liability, claim, damage, expense (including reasonable costs of investigation andand defense and reasonable attorneys' and other professional fees) (collectively, "Damages"), arising from or in connection with:

Appears in 1 contract

Samples: Merger Agreement (Office Centre Corp)

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INDEMNIFICATION AND PAYMENT OF DAMAGES BY SELLER. The SellersSeller and the Seller's Indemnifiers, jointly and severallyseverally pro rata to their individual interests, will indemnify and hold harmless BuyerBuyer and its Representatives, stockholdersshareholders, controlling Personspersons, and affiliates (collectively, the "Seller Buyer's Indemnified Persons") for, and will pay to the Seller Buyer's Indemnified Persons the amount ofof Damages arising, any lossdirectly or indirectly, liability, claim, damage, expense (including reasonable costs of investigation andfrom or in connection with:

Appears in 1 contract

Samples: Asset Purchase Agreement (JLM Industries Inc)

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