Common use of Indemnification by Acquirer Clause in Contracts

Indemnification by Acquirer. Subject to the terms and conditions of this Article X, Acquirer hereby agrees to indemnify, defend and hold harmless each MCE Party and his or its, as applicable, agents, consultants, attorneys, representatives, successors, transferees and assigns (collectively, “MCE Indemnitees”), from and against all Damages and Claims asserted against, imposed upon or incurred by any such Person, directly or indirectly, by reason of, arising out of or resulting from (a) any breach of any representation or warranty of Acquirer contained in this Agreement or (b) the breach of any covenant or agreement of Acquirer contained in or made pursuant to this Agreement.

Appears in 2 contracts

Samples: Contribution Agreement, Contribution Agreement (New Source Energy Partners L.P.)

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Indemnification by Acquirer. Subject to the terms and conditions of this Article XIX, Acquirer hereby agrees to indemnify, defend and hold harmless each MCE Party Contributor and his or itshis, as applicable, agents, consultants, attorneys, representatives, successors, transferees and assigns (collectively, “MCE Contributor Indemnitees”), from and against all Damages and Claims asserted against, imposed upon or incurred by any such Person, directly or indirectly, by reason of, arising out of or resulting from (a) any breach of any representation or warranty of Acquirer contained in this Agreement or (b) the breach of any covenant or agreement of Acquirer contained in or made pursuant to this Agreement.

Appears in 2 contracts

Samples: Contribution Agreement, Contribution Agreement (New Source Energy Partners L.P.)

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