Common use of Indemnification by Buyer Clause in Contracts

Indemnification by Buyer. Subject to the other terms and conditions of this ARTICLE VIII, Buyer shall indemnify and defend each of Sellers and its Affiliates and their respective Representatives (collectively, the “Sellers Indemnitees”) against, and shall hold each of them harmless from and against, and shall pay and reimburse each of them for, any and all Losses incurred or sustained by, or imposed upon, Sellers Indemnitees based upon, arising out of, with respect to or by reason of: (a) any inaccuracy in or breach of any of the representations or warranties of Buyer contained in this Agreement or in any certificate or instrument delivered by or on behalf of Buyer pursuant to this Agreement, as of the date such representation or warranty was made or as if such representation or warranty was made on and as of the Closing Date (except for representations and warranties that expressly relate to a specified date, the inaccuracy in or breach of which will be determined with reference to such specified date); or (b) any breach or non-fulfillment of any covenant, agreement or obligation to be performed by Buyer pursuant to this Agreement (other than ARTICLE VI, it being understood that the sole remedy for any such breach thereof shall be pursuant to ARTICLE VI).

Appears in 2 contracts

Samples: Membership Interest Purchase Agreement (Fat Brands, Inc), Membership Interest Purchase Agreement (Fat Brands, Inc)

AutoNDA by SimpleDocs

Indemnification by Buyer. Subject to the other terms and conditions of this ARTICLE Article VIII, Buyer shall indemnify and defend each of Sellers and its their Affiliates and their respective Representatives (collectively, the “Sellers Indemnitees”) against, and shall hold each of them harmless from and against, and shall pay and reimburse each of them for, any and all Losses incurred or sustained by, or imposed upon, the Sellers Indemnitees based upon, arising out of, with respect to or by reason of: (a) any inaccuracy in or breach of any of the representations or warranties of Buyer contained in this Agreement or in any certificate or instrument delivered by or on behalf of Buyer pursuant to this Agreement, as of the date such representation or warranty was made or as if such representation or warranty was made on and as of the Closing Date (except for representations and warranties that expressly relate to a specified date, the inaccuracy in or breach of which will be determined with reference to such specified date); or (b) any breach or non-fulfillment of any covenant, agreement or obligation to be performed by Buyer pursuant to this Agreement (other than ARTICLE Article VI, it being understood that the sole remedy for any such breach thereof shall be pursuant to ARTICLE Article VI).

Appears in 2 contracts

Samples: Membership Interest Purchase Agreement (Green Thumb Industries Inc.), Membership Interest Purchase Agreement

Indemnification by Buyer. Subject to the other terms and conditions of this ARTICLE Article VIII, Buyer shall indemnify and defend each of Sellers Seller and its Seller’s Affiliates and their respective Representatives (collectively, the “Sellers Seller Indemnitees”) against, and shall hold each of them harmless from and against, and shall pay and reimburse each of them for, any and all Losses incurred or sustained by, or imposed upon, Sellers the Seller Indemnitees based upon, arising out of, with respect to or by reason of: (a) any inaccuracy in or breach of any of the representations or warranties of Buyer contained in this Agreement or in any certificate or instrument delivered by or on behalf of Buyer pursuant to this Agreement, as of the date such representation or warranty was made or as if such representation or warranty was made on and as of the Closing Date (except for representations and warranties that expressly relate to a specified date, the inaccuracy in or breach of which will be determined with reference to such specified date); or (b) any breach or non-fulfillment of any covenant, agreement or obligation to be performed by Buyer pursuant to this Agreement (other than ARTICLE Article VI, it being understood that the sole remedy for any such breach thereof shall be pursuant to ARTICLE Article VI).

Appears in 2 contracts

Samples: Stock Purchase Agreement (Bio Key International Inc), Stock Purchase Agreement (Bio Key International Inc)

Indemnification by Buyer. Subject From and after the Closing and subject to the other terms and conditions of this ARTICLE VIII, Buyer shall indemnify indemnify, hold harmless, reimburse and defend each of Sellers Seller and its Affiliates and their respective Representatives (collectively, the “Sellers Seller Indemnitees”) against, and shall hold each of them harmless from and against, and shall pay and reimburse each of them for, any and all Losses incurred or sustained by, or imposed upon, Sellers by the Seller Indemnitees based upon, arising out of, with respect to of or by reason ofresulting from: (a) any inaccuracy in or breach of any of the representations or warranties of Buyer contained in this Agreement or in any certificate or transfer instrument delivered by or on behalf of Buyer pursuant to this Agreement, as of the date such representation or warranty was made or as if such representation or warranty was made on and as of the Closing Date (except for representations and warranties that expressly relate to a specified date, the inaccuracy in or breach of which will be determined with reference to such specified date); or (b) any breach or non-fulfillment of any covenant, agreement or obligation to be performed by Buyer pursuant to this Agreement (other than ARTICLE VI, it being understood that the sole remedy for any such breach thereof shall be pursuant to ARTICLE VI).

Appears in 2 contracts

Samples: Stock Purchase Agreement (BurgerFi International, Inc.), Stock Purchase Agreement (BurgerFi International, Inc.)

Indemnification by Buyer. Subject to the other terms and conditions of this ARTICLE VIIIArticle IX, Buyer shall indemnify and defend each of Sellers and its Affiliates and their respective Representatives (collectively, the “Sellers Seller Indemnitees”) against, and shall hold each of them harmless from and against, and shall pay and reimburse each of them for, any and all Losses incurred or sustained by, or imposed upon, Sellers the Seller Indemnitees based upon, arising out of, with respect to or by reason of: (a) any inaccuracy in or breach or alleged breach of any of the representations or warranties of Buyer contained in this Agreement or in any certificate or instrument delivered by or on behalf of Buyer pursuant to this Agreement, as of the date such representation or warranty was made or as if such representation or warranty was made on and as of the Closing Date (except for representations and warranties that expressly relate to a specified date, the inaccuracy in or breach of which will be determined with reference to such specified date); or (b) any breach breach, alleged breach, or non-fulfillment of any covenant, agreement or obligation to be performed by Buyer pursuant to this Agreement (other than ARTICLE VIany breach or violation of, or failure to fully perform, any covenant, agreement, undertaking or obligation in Article VII, it being understood that the sole remedy for any such breach thereof breach, violation or failure shall be pursuant to ARTICLE VIArticle VII).

Appears in 2 contracts

Samples: Share Purchase Agreement (Xenetic Biosciences, Inc.), Share Purchase Agreement (Xenetic Biosciences, Inc.)

Indemnification by Buyer. Subject to the other terms and conditions of this ARTICLE VIIIArticle X, Buyer shall indemnify and defend each of Sellers Seller and its Affiliates and their respective Representatives ((which shall exclude the Company and its Representatives) (collectively, the “Sellers Seller Indemnitees”)) against, and shall hold each of them harmless from and against, and shall pay and reimburse each of them for, any and all Losses incurred or sustained by, or imposed upon, Sellers the Seller Indemnitees based upon, arising out of, with respect to or by reason of: (a) any inaccuracy in or breach of any of the representations or warranties of Buyer contained in this Agreement or in any certificate or instrument delivered by or on behalf of Buyer pursuant to this Agreement, as of the date such representation or warranty was made or as if such representation or warranty was made on and as of the Closing Date (except for representations and warranties that expressly relate to a specified date, the inaccuracy in or breach of which will be determined with reference to such specified date); or (b) any breach or non-fulfillment of any covenant, agreement or obligation to be performed by Buyer pursuant to this Agreement (other than ARTICLE VIArticle XI, it being understood that the sole remedy for any such breach thereof shall be pursuant to ARTICLE VIArticle XI).

Appears in 2 contracts

Samples: Stock Purchase Agreement (EV Energy Partners, LP), Membership Interest Purchase Agreement (EV Energy Partners, LP)

Indemnification by Buyer. Subject to the other terms and conditions of this ARTICLE VIII, Buyer shall jointly and severally indemnify and defend each of Sellers Seller and its Affiliates and their respective Representatives (collectively, the “Sellers Seller Indemnitees”) against, and shall hold each of them harmless from and against, and shall pay and reimburse each of them for, any and all Losses incurred or sustained by, or imposed upon, Sellers the Seller Indemnitees based upon, arising out of, with respect to or by reason of: (a) any inaccuracy in or breach of any of the representations or warranties of Buyer contained in this Agreement or in any certificate or instrument delivered by or on behalf of Buyer pursuant to this Agreement, as of the date such representation or warranty was made or as if such representation or warranty was made on and as of the Closing Date (except for representations and warranties that expressly relate to a specified date, the inaccuracy in or breach of which will be determined with reference to such specified date); or (b) any breach or non-fulfillment of any covenant, agreement or obligation to be performed by Buyer pursuant to this Agreement (other than ARTICLE VI, it being understood that the sole remedy for any such breach thereof shall be pursuant to ARTICLE VI).

Appears in 1 contract

Samples: Securities Purchase Agreement (Accel Entertainment, Inc.)

Indemnification by Buyer. Subject to the other terms and conditions of this ARTICLE Article VIII, Buyer shall indemnify and defend each of Sellers Seller and its Affiliates and their respective Representatives (collectively, the “Sellers Seller Indemnitees”) against, and shall hold each of them harmless from and against, and shall pay and reimburse each of them for, any and all Losses incurred or sustained by, or imposed upon, Sellers the Seller Indemnitees based upon, arising out of, with respect to or by reason of: (a) a. any inaccuracy in or breach of any of the representations or warranties of Buyer contained in this Agreement or in any certificate or instrument delivered by or on behalf of Buyer pursuant to this Agreement, as of the date such representation or warranty was made or as if such representation or warranty was made on and as of the Closing Date (except for representations and warranties that expressly relate to a specified date, the inaccuracy in or breach of which will be determined with reference to such specified date); or (b) b. any breach or non-fulfillment of any covenant, agreement or obligation to be performed by Buyer pursuant to this Agreement (other than ARTICLE Article VI, it being understood that the sole remedy for any such breach thereof shall be pursuant to ARTICLE Article VI).

Appears in 1 contract

Samples: Membership Interest Purchase Agreement (XLR Medical Corp.)

Indemnification by Buyer. Subject to the other terms and conditions of this ARTICLE VIII, Buyer Bxxxx shall indemnify and defend each of Sellers the Seller Parties and its their Affiliates and their respective Representatives (collectively, the “Sellers Seller Indemnitees”) against, and shall hold each of them harmless from and against, and shall pay and reimburse each of them for, any and all Losses incurred or sustained by, or imposed upon, Sellers the Seller Indemnitees based upon, arising out of, with respect to or by reason of: (a) any inaccuracy in or breach of any of the representations or warranties of Buyer contained in this Agreement or in any certificate or instrument delivered by or on behalf of Buyer pursuant to this Agreement, as of the date such representation or warranty was made or as if such representation or warranty was made on and as of the Closing Date (except for representations and warranties that expressly relate to a specified date, the inaccuracy in or breach of which will be determined with reference to such specified date); or (b) any breach or non-fulfillment of any covenant, agreement or obligation to be performed by Buyer pursuant to this Agreement (other than ARTICLE VI, it being understood that the sole remedy for any such breach thereof shall be pursuant to ARTICLE VI).

Appears in 1 contract

Samples: Stock Purchase Agreement (Ideanomics, Inc.)

Indemnification by Buyer. Subject to the other terms and conditions of this ARTICLE Article VIII, Buyer shall indemnify and defend each of Sellers and its Affiliates the Seller, the Stockholders and their respective Representatives Affiliates (collectively, the “Sellers Seller Indemnitees”) against, and shall hold each of them harmless from and against, and shall pay and reimburse each of them for, any and all Losses incurred or sustained by, or imposed upon, Sellers Seller Indemnitees based upon, arising out of, with respect to or by reason of: (a) any inaccuracy in or breach of any of the representations or warranties of Buyer contained in this Agreement or in any certificate or instrument delivered by or on behalf of Buyer pursuant to this Agreement, as of the date such representation or warranty was made or as if such representation or warranty was made on and as of the Closing Date (except for representations and warranties that expressly relate to a specified date, the inaccuracy in or breach of which will be determined with reference to such specified date); or (b) any breach or non-fulfillment of any covenant, agreement or obligation to be performed by Buyer pursuant to this Agreement (other than ARTICLE Article VI, it being understood that the sole remedy for any such breach thereof shall be pursuant to ARTICLE Article VI).

Appears in 1 contract

Samples: Stock Purchase Agreement (R F Industries LTD)

Indemnification by Buyer. Subject to the other terms and conditions of this ARTICLE VIIIVII, Buyer shall indemnify and defend each of Sellers Seller Parties and its their Affiliates and their respective Representatives (collectively, the Sellers Seller Indemnitees”) against, and shall hold each of them harmless from and against, and shall pay and reimburse each of them for, any and all Losses incurred or sustained by, or imposed upon, Sellers Seller Indemnitees based upon, arising out of, with respect to or by reason of: (a) any inaccuracy in or breach of any of the representations or warranties of Buyer contained in this Agreement or in any certificate or instrument delivered by or on behalf of Buyer pursuant to this Agreement, as of the date such representation or warranty was made or as if such representation or warranty was made on and as of the Closing Date (except for representations and warranties that expressly relate to a specified date, the inaccuracy in or breach of which will be determined with reference to such specified date); or (b) any breach or non-fulfillment of any covenant, agreement or obligation to be performed by Buyer pursuant to this Agreement (other than ARTICLE VI, it being understood that the sole remedy for any such breach thereof shall be pursuant to ARTICLE VI).

Appears in 1 contract

Samples: Stock Purchase Agreement (LIVE VENTURES Inc)

Indemnification by Buyer. Subject to the other terms and conditions of this ARTICLE VIIIIX, Buyer shall indemnify and defend each of Sellers and its Affiliates and their respective Representatives (collectively, the “Sellers "Seller Indemnitees") against, and shall hold each of them harmless from and against, and shall pay and reimburse each of them for, any and all Losses incurred or sustained by, or imposed upon, Sellers the Seller Indemnitees based upon, arising out of, with respect to or by reason of: (a) any inaccuracy in or breach of any of the representations or warranties of Buyer contained in this Agreement or in any certificate or instrument delivered by or on behalf of Buyer pursuant to this Agreement, as of the date such representation or warranty was made or as if such representation or warranty was made on and as of the Closing Date (except for representations and warranties that expressly relate to a specified date, the inaccuracy in or breach of which will be determined with reference to such specified date); or (b) any breach or non-fulfillment of any covenant, agreement or obligation to be performed by Buyer pursuant to this Agreement (other than ARTICLE VIVII, it being understood that the sole remedy for any such breach thereof shall be pursuant to ARTICLE VIVII).

Appears in 1 contract

Samples: Share Purchase Agreement (Super League Gaming, Inc.)

Indemnification by Buyer. Subject to the other terms and conditions of this ARTICLE VIII, Buyer shall indemnify and defend each of Sellers and its their respective Affiliates and their respective Representatives (collectively, the “Sellers "Seller Indemnitees") against, and shall hold each of them harmless from and against, and shall pay and reimburse each of them for, any and all Losses incurred or sustained by, or imposed upon, Sellers the Seller Indemnitees based upon, arising out of, with respect to or by reason of: (a) any inaccuracy in or breach of any of the representations or warranties of Buyer contained in this Agreement or in any certificate or instrument delivered by or on behalf of Buyer pursuant to this Agreement, as of the date such representation or warranty was made or as if such representation or warranty was made on and as of the Closing Date (except for representations and warranties that expressly relate to a specified date, the inaccuracy in or breach of which will be determined with reference to such specified date); or (b) any breach or non-fulfillment of any covenant, agreement or obligation to be performed by Buyer pursuant to this Agreement (other than ARTICLE VI, it being understood that the sole remedy for any such breach thereof shall be pursuant to ARTICLE VI).

Appears in 1 contract

Samples: Stock Purchase Agreement (Eyegate Pharmaceuticals Inc)

Indemnification by Buyer. Subject to the other terms and conditions of this ARTICLE VIII, Buyer from and after Closing, Xxxxx shall indemnify and defend each of the Sellers and its their Affiliates and their respective Representatives (collectively, the “Sellers Seller Indemnitees”) against, and shall hold each of them harmless from and against, and shall pay and reimburse each of them for, any and all Losses incurred or sustained by, or imposed upon, Sellers the Seller Indemnitees based upon, arising out of, with respect to or by reason of: (a) any Any inaccuracy in or breach of any of the representations or warranties of Buyer contained in this Agreement or in any certificate or instrument delivered by or on behalf of Buyer pursuant to this Agreement, as of the date such representation or warranty was made or as if such representation or warranty was made on and as of the Closing Date (except for representations and warranties that expressly relate to a specified date, the inaccuracy in or breach of which will be determined with reference to such specified date); or; (b) any Any breach or non-fulfillment of any covenant, agreement or obligation to be performed by Buyer pursuant to this Agreement (other than ARTICLE VI, it being understood that the sole remedy for any such breach thereof shall be pursuant to ARTICLE VI); or (c) Any Third-Party Claims based upon, resulting from, or arising out of the operations of the business by Buyer, the Company Parent, or the Company after the Closing or properties, assets, or obligations of Buyer, the Company Parent, or the Company after the Closing.

Appears in 1 contract

Samples: Stock Purchase Agreement (LIVE VENTURES Inc)

Indemnification by Buyer. Subject to the other terms and conditions of this ARTICLE Article VIII, Buyer shall indemnify and defend each of Sellers Seller and its Affiliates and their respective Representatives (collectively, the “Sellers Seller Indemnitees”) against, and shall hold each of them harmless from and against, and shall pay and reimburse each of them for, any and all Losses incurred or sustained by, or imposed upon, Sellers the Seller Indemnitees based upon, arising out of, with respect to or by reason of: (a) any inaccuracy in or breach of any of the representations or warranties of Buyer contained in this Agreement or in any certificate certificate, instrument or instrument agreement delivered to Seller by or on behalf of Buyer pursuant to this Agreement, as of the date such representation or warranty was made or as if such representation or warranty was made on and as of the Closing Date (except for representations and warranties that expressly relate to a specified date, the inaccuracy in or breach of which will be determined with reference to such specified date); or (b) any breach or non-fulfillment of any covenant, agreement or obligation to be performed by Buyer pursuant to this Agreement (other than ARTICLE Article VI, it being understood that the sole remedy for any such breach thereof shall be pursuant to ARTICLE Article VI); or (c) any Liabilities arising out of the operation of the Company’s business after the Closing Date other than any Losses subject to the indemnification under Article VI or Section 8.02.

Appears in 1 contract

Samples: Stock Purchase Agreement (Dril-Quip Inc)

Indemnification by Buyer. Subject to the other terms and conditions of this ARTICLE VIII, Buyer shall indemnify and defend each of Sellers and its their Affiliates and their respective Representatives (collectively, the “Sellers "Seller Indemnitees") against, and shall hold each of them harmless from and against, and shall pay and reimburse each of them for, any and all Losses incurred or sustained by, or imposed upon, Sellers the Seller Indemnitees based upon, arising out of, with respect to or by reason of: (a) any inaccuracy in or breach of any of the representations or warranties of Buyer contained in this Agreement or in any certificate or instrument delivered by or on behalf of Buyer pursuant to this Agreement, as of the date such representation or warranty was made or as if such representation or warranty was made on and as of the Closing Date (except for representations and warranties that expressly relate to a specified date, the inaccuracy in or breach of which will be determined with reference to such specified date); or (b) any breach or non-fulfillment of any covenant, agreement or obligation to be performed by Buyer pursuant to this Agreement (other than ARTICLE VI, it being understood that the sole remedy for any such breach thereof shall be pursuant to ARTICLE VI).

Appears in 1 contract

Samples: Stock Purchase Agreement (Ufp Technologies Inc)

Indemnification by Buyer. Subject to the other terms and conditions of this ARTICLE VIIIVII, Buyer shall indemnify and defend each of Sellers and its Optionholders and their Affiliates and their respective Representatives (collectively, the “Sellers Seller Indemnitees”) against, and shall hold each of them harmless from and against, and shall pay and reimburse each of them for, any and all Losses incurred or sustained by, or imposed upon, Sellers the Seller Indemnitees based upon, arising out of, with respect to or by reason of: (a) any inaccuracy in or breach of any of the representations or warranties of Buyer contained in this Agreement or in any certificate or instrument delivered by or on behalf of Buyer pursuant to this Agreement, as of the date such representation or warranty was made or as if such representation or warranty was made on and as of the Closing Date (except for representations and warranties that expressly relate to a specified date, the inaccuracy in or breach of which will be determined with reference to such specified date); or (b) any breach or non-fulfillment of any covenant, agreement or obligation to be performed by Buyer pursuant to this Agreement (other than ARTICLE VI, it being understood that the sole remedy for any such breach thereof shall be pursuant to ARTICLE VI).

Appears in 1 contract

Samples: Stock Purchase Agreement (Franklin Covey Co)

Indemnification by Buyer. Subject to the other terms and conditions of this ARTICLE VIIIArticle VII, Buyer shall indemnify and defend each of Sellers and its Affiliates and their respective Affiliates and Representatives (collectively, the “Sellers "Seller Indemnitees") against, and shall hold each of them harmless from and against, and shall pay and reimburse each of them for, any and all Losses incurred or sustained by, or imposed upon, Sellers the Seller Indemnitees based upon, arising out of, with respect to or by reason of: (a) any inaccuracy in or breach of any of the representations or warranties of Buyer contained in this Agreement or in any certificate or instrument delivered by or on behalf of Buyer pursuant to this Agreement, as of the date such representation or warranty was made or as if such representation or warranty was made on and as of the Closing Date (except for representations and warranties that expressly relate to a specified date, the inaccuracy in or breach of which will be determined with reference to such specified date); or (b) any breach or non-fulfillment of any covenant, agreement or obligation to be performed by Buyer pursuant to this Agreement (other than ARTICLE Article VI, it being understood that the sole remedy for any such breach thereof shall be pursuant to ARTICLE Article VI).

Appears in 1 contract

Samples: Share Purchase Agreement (Eyegate Pharmaceuticals Inc)

Indemnification by Buyer. Subject to the other terms and conditions of this ARTICLE Article VIII, Buyer shall indemnify and defend each of Sellers Seller and its Affiliates and their respective Representatives (collectively, the “Sellers Seller Indemnitees”) against, and shall hold each of them harmless from and against, and shall pay and reimburse each of them for, any and all Losses incurred or sustained by, or imposed upon, Sellers the Seller Indemnitees based upon, arising out of, with respect to or by reason of: (a) any inaccuracy in or breach of any of the representations or warranties of Buyer contained in this Agreement (other than in respect of the Tax Representations, it being understood that the sole remedy for any such inaccuracy in or in any certificate or instrument delivered by or on behalf of Buyer breach thereof shall be pursuant to this AgreementArticle VI), as of the date such representation or warranty was made or as if such representation or warranty was made on and as of the Closing Date (except for representations and warranties that expressly relate to a specified date, the inaccuracy in or breach of which will be determined with reference to such specified date); or (b) any breach or non-fulfillment fulfilment of any covenant, agreement or obligation to be performed by Buyer pursuant to this Agreement (other than ARTICLE any breach or violation of, or failure to fully perform, any covenant, agreement, undertaking or obligation in Article VI, it being understood that the sole remedy for any such breach thereof breach, violation or failure shall be pursuant to ARTICLE Article VI).

Appears in 1 contract

Samples: Unit Purchase Agreement (Ennis, Inc.)

Indemnification by Buyer. Subject to the other terms and conditions of this ARTICLE VIIIArticle IX, Buyer shall indemnify and defend each of the Sellers and its their Affiliates and their respective Representatives (collectively, the “Sellers Seller Indemnitees”) against, and shall hold each of them harmless from and against, and shall pay and reimburse each of them for, any and all Losses incurred or sustained by, or imposed upon, Sellers the Seller Indemnitees based upon, arising out of, with respect to or by reason of: (a) any inaccuracy in or breach of any of the representations or warranties of Buyer contained in Article V of this Agreement or in any certificate or instrument delivered by or on behalf of Buyer pursuant to this Agreement, as of the date such representation or warranty was made or as if such representation or warranty was made on and as of the Closing Date (except for representations and warranties that expressly relate to a specified date, the inaccuracy in or breach of which will be determined with reference to such specified date); or (b) any breach or non-fulfillment of any covenant, agreement or obligation to be performed by Buyer pursuant to Article VI of this Agreement (other than ARTICLE VIArticle VII, it being understood that the sole remedy for any such breach thereof shall be pursuant to ARTICLE VIArticle VII).

Appears in 1 contract

Samples: Stock Purchase Agreement (Asure Software Inc)

Indemnification by Buyer. Subject to the other terms and conditions of this ARTICLE VIIIVII, Buyer shall indemnify and defend each of Sellers Seller and its Affiliates and their respective Representatives (collectively, the “Sellers Seller Indemnitees”) against, and shall hold each of them harmless from and against, and shall pay and reimburse each of them for, any and all Losses incurred or sustained by, or imposed upon, Sellers the Seller Indemnitees based upon, arising out of, with respect to or by reason of: (a) any inaccuracy in or breach of any of the representations or warranties of Buyer contained in this Agreement or in any certificate or instrument delivered by or on behalf of Buyer pursuant to this Agreement, as of the date such representation or warranty was made or as if such representation or warranty was made on and as of the Closing Date (except for representations and warranties that expressly relate to a specified date, the inaccuracy in or breach of which will be determined with reference to such specified date); or; (b) any breach or non-fulfillment of any covenant, agreement or obligation to be performed by Buyer pursuant to this Agreement Agreement; (other than ARTICLE VIc) any Purchased Assets (to the extent such Loss is based upon, it being understood that arises out of, is with respect to or is by reason of the sole remedy for operation of the Business by Buyer following the Closing Date and is not in any such breach thereof shall be pursuant way based upon, resulting from or arising out of any Excluded Liabilities or the operation of the Business prior to ARTICLE VI)the Closing Date) and/or Assumed Liability; or (d) any commission due to Buyer’s Broker.

Appears in 1 contract

Samples: Asset Purchase Agreement (Intellinetics, Inc.)

Indemnification by Buyer. Subject to the other terms and conditions of this ARTICLE VIIIVII, Buyer Xxxxx shall indemnify and defend each of Sellers and its Affiliates Seller, each Equity Holder and their respective Affiliates and Representatives (collectively, the “Sellers Seller Indemnitees”) against, and shall hold each of them harmless from and against, and shall pay and reimburse each of them for, any and all Losses incurred or sustained by, or imposed upon, Sellers the Seller Indemnitees based upon, arising out of, with respect to or by reason of: : (a) any inaccuracy in or breach of any of the representations or warranties of Buyer contained in this Agreement or in any certificate or instrument delivered by or on behalf of Buyer pursuant to this Agreement, as of the date such representation or warranty was made or as if such representation or warranty was made on and as of the Closing Date (except for representations and warranties that expressly relate to a specified date, the inaccuracy in or breach of which will be determined with reference to such specified date); or or (b) any breach or non-fulfillment of any covenant, agreement covenant or obligation to be performed by Buyer pursuant to this Agreement (other than as expressly set forth in ARTICLE II, ARTICLE V, ARTICLE VI, it being understood that the sole remedy for any such breach thereof shall be pursuant to this ARTICLE VI)VII, or ARTICLE VIII of this Agreement.

Appears in 1 contract

Samples: Asset Purchase Agreement (Hudson Technologies Inc /Ny)

Indemnification by Buyer. Subject to the other terms and conditions of this ARTICLE Article VIII, Buyer shall indemnify and defend each of Sellers Seller and its their Affiliates and their respective Representatives (collectively, the “Sellers Seller Indemnitees”) against, and shall hold each of them harmless from and against, and shall pay and reimburse each of them for, any and all Losses incurred or sustained by, or imposed upon, Sellers the Seller Indemnitees based upon, arising out of, with respect to or by reason of: (a) any inaccuracy in or breach of any of the representations or warranties of Buyer contained in this Agreement or in any certificate or instrument delivered by or on behalf of Buyer pursuant to this Agreement, as of the date such representation or warranty was made or as if such representation or warranty was made on and as of the Closing Date (except for representations and warranties that expressly relate to a specified date, the inaccuracy in or breach of which will be determined with reference to such specified date); or (b) any breach or non-fulfillment of any covenant, agreement or obligation to be performed by Buyer pursuant to this Agreement (other than ARTICLE Article VI, it being understood that the sole remedy for any such breach thereof shall be pursuant to ARTICLE Article VI).

Appears in 1 contract

Samples: Stock Purchase Agreement (AgEagle Aerial Systems Inc.)

Indemnification by Buyer. Subject From and after the Closing and subject to the other terms and conditions of this ARTICLE VIIIVI, Buyer Xxxxx shall indemnify indemnify, hold harmless, reimburse and defend each of Sellers the Company and its Affiliates and their respective Representatives (collectively, the “Sellers Company Indemnitees”) against, and shall hold each of them harmless from and against, and shall pay and reimburse each of them for, any and all Losses incurred or sustained by, or imposed upon, Sellers by the Company Indemnitees based upon, arising out of, with respect to of or by reason ofresulting from: (a) any inaccuracy in or breach of any of the representations or warranties of Buyer contained in this Agreement or in any certificate or transfer instrument delivered by or on behalf of Buyer pursuant to this Agreement, as of the date such representation or warranty was made or as if such representation or warranty was made on and as of the Closing Date (except for representations and warranties that expressly relate to a specified DocuSign Envelope ID: CFBA8D24-F12B-443B-B8FA-654ECDD528F0 date, the inaccuracy in or breach of which will be determined with reference to such specified date); or (b) any breach or non-fulfillment of any covenant, agreement or obligation to be performed by Buyer pursuant to this Agreement (other than ARTICLE VI, it being understood that the sole remedy for any such breach thereof shall be pursuant to ARTICLE VI)Agreement.

Appears in 1 contract

Samples: Stock Purchase Agreement (BurgerFi International, Inc.)

Indemnification by Buyer. Subject to the other terms and conditions of this ARTICLE VIII, Buyer Bxxxx shall indemnify and defend each of Sellers Seller and its Affiliates and their respective Representatives (collectively, the “Sellers Seller Indemnitees”) against, and shall hold each of them harmless from and against, and shall pay and reimburse each of them for, any and all Losses incurred or sustained by, or imposed upon, Sellers the Seller Indemnitees based upon, arising out of, with respect to or by reason of: (a) any inaccuracy in or breach of any of the representations or warranties of Buyer contained in this Agreement or in any certificate or instrument delivered by or on behalf of Buyer pursuant to this Agreement, as of the date such representation or warranty was made or as if such representation or warranty was made on and as of the Closing Date (except for representations and warranties that expressly relate to a specified date, the inaccuracy in or breach of which will be determined with reference to such specified date); or (b) any breach or non-fulfillment of any covenant, agreement or obligation to be performed by Buyer pursuant to this Agreement (other than ARTICLE VI, it being understood that the sole remedy for any such breach thereof shall be pursuant to ARTICLE VI).

Appears in 1 contract

Samples: Membership Interest Purchase Agreement (Focus Impact BH3 NewCo, Inc.)

Indemnification by Buyer. Subject to the other terms and conditions of this ARTICLE VIII, from and after Closing, Buyer shall indemnify and defend each of Sellers Seller and its Affiliates and their respective Representatives (collectively, the “Sellers Seller Indemnitees”) against, and shall hold each of them harmless from and against, and shall pay and reimburse each of them for, any and all Losses incurred or sustained by, or imposed upon, Sellers the Seller Indemnitees based upon, arising out of, with respect to or by reason of: (a) any inaccuracy in or breach of any of the representations or warranties of Buyer contained in this Agreement or in any certificate or instrument delivered by or on behalf of Buyer pursuant to this Agreement, as of the date such representation or warranty was made or as if such representation or warranty was made on and as of the Closing Date (except for representations and warranties that expressly relate to a specified date, the inaccuracy in or breach of which will be determined with reference to such specified date); or (b) any breach or non-fulfillment of any covenant, agreement or obligation to be performed by Buyer pursuant to this Agreement (other than ARTICLE VI, it being understood that the sole remedy for any such breach thereof shall be pursuant to ARTICLE VI).

Appears in 1 contract

Samples: Membership Interest Purchase Agreement (reAlpha Tech Corp.)

Indemnification by Buyer. Subject to the other terms and conditions of this ARTICLE Article VIII, Buyer shall indemnify and defend each of Sellers and its their Affiliates and their respective Representatives (collectively, the “Sellers Indemnitees”) against, and shall hold each of them harmless from and against, and shall pay and reimburse each of them for, any and all Losses incurred or sustained by, or imposed upon, the Sellers Indemnitees based upon, arising out of, with respect to or by reason of: (a) any inaccuracy in or breach of any of the representations or warranties of Buyer contained in this Agreement or in any certificate or instrument delivered by or on behalf of Buyer pursuant to this Agreement, as of the date such representation or warranty was made or as if such representation or warranty was made on and as of the Closing Date (except for representations and warranties that expressly relate to a specified date, the inaccuracy in or breach of which will be determined with reference to such specified date); or (b) any breach or non-fulfillment of any covenant, agreement or obligation to be performed by Buyer pursuant to this Agreement (other than ARTICLE Article VI, it being understood that the sole remedy for any such breach thereof shall be pursuant to ARTICLE Article VI).

Appears in 1 contract

Samples: Stock Purchase Agreement (Synalloy Corp)

Indemnification by Buyer. Subject to the other terms and conditions of this ARTICLE VIII8, Buyer shall indemnify and defend each of Sellers and its Affiliates Seller and their respective Affiliates and Representatives (collectively, the “Sellers Seller Indemnitees”) against, and shall hold each of them harmless from and against, and shall pay and reimburse each of them for, any and all Losses incurred or sustained by, or imposed upon, Sellers the Seller Indemnitees based upon, arising out of, with respect to or by reason of: (a) any inaccuracy in or breach of any of the representations or warranties of the Buyer Parties contained in this Agreement or in any certificate or instrument delivered by or on behalf of the Buyer Parties pursuant to this Agreement, as of the date such representation or warranty was made or as if such representation or warranty was made on and as of the Closing Date (except for representations and warranties that expressly relate to a specified date, the inaccuracy in or breach of which will be determined with reference to such specified date); or (b) any breach or non-fulfillment of any covenant, agreement or obligation to be performed by the Buyer Parties pursuant to this Agreement (other than ARTICLE VI6, it being understood that the sole remedy for any such breach thereof shall be pursuant to ARTICLE VI6).

Appears in 1 contract

Samples: Stock Purchase and Contribution Agreement (Hydrofarm Holdings Group, Inc.)

Indemnification by Buyer. Subject to the other terms and conditions of this ARTICLE Article VIII, Buyer shall will indemnify and defend each of Sellers EWD and its Affiliates and their respective Representatives (collectively, the “Sellers EWD Indemnitees”) against, and shall will hold each of them harmless from and against, and shall will pay and reimburse each of them for, any and all Losses incurred or sustained by, or imposed upon, Sellers EWD Indemnitees based upon, arising out of, with respect to or by reason of: (a) any inaccuracy in or breach of any of the representations or warranties of Buyer contained in this Agreement or in any certificate or instrument delivered by or on behalf of Buyer pursuant to this Agreement, as of the date such representation or warranty was made or as if such representation or warranty was made on and as of the Closing Date (except for representations and warranties that expressly relate to a specified date, the inaccuracy in or breach of which will be determined with reference to such specified date); orand (b) any breach or non-fulfillment of any covenant, agreement or obligation to be performed by Buyer pursuant to this Agreement (other than ARTICLE Article VI, it being understood that the sole remedy for any such breach thereof shall will be pursuant to ARTICLE Article VI).

Appears in 1 contract

Samples: Asset Purchase Agreement (Gas Natural Inc.)

Indemnification by Buyer. Subject to the other terms and conditions of this ARTICLE VIIIX, Buyer shall indemnify and defend each of Sellers and its their Affiliates and their respective Representatives (collectively, the “Sellers "Seller Indemnitees") against, and shall hold each of them harmless from and against, and shall pay and reimburse each of them for, any and all Losses incurred or sustained by, or imposed upon, Sellers the Seller Indemnitees based upon, arising out of, with respect to or by reason of: (a) any inaccuracy in or breach of any of the representations or warranties of Buyer contained in this Agreement or in any certificate or instrument delivered by or on behalf of Buyer pursuant to this Agreement, as of the date such representation or warranty was made or as if such representation or warranty was made Agreement on and as of the Closing Date (except for representations and warranties that expressly relate related to a specified date, the inaccuracy in or breach of which will be determined with reference to such specified date); or; (b) any breach or non-fulfillment of any covenant, agreement or obligation to be performed by Buyer pursuant to this Agreement (other than ARTICLE VIVIII, it being understood that the sole remedy for any such breach thereof shall be pursuant to ARTICLE VIVIII); or (c) the conduct of the business of the Company from and after the Closing Date or the ownership of the Interests after the Closing Date, in each case except to the extent based upon, arising out of, with respect to or by reason of any condition or circumstance covered by the indemnities set forth in Section 10.02.

Appears in 1 contract

Samples: Membership Interest Purchase Agreement (Gse Systems Inc)

Indemnification by Buyer. Subject to the other terms and conditions of this ARTICLE VIII, Buyer shall indemnify and defend each of Sellers Seller and its Affiliates and their respective Representatives (collectively, the “Sellers Seller Indemnitees”) against, and shall hold each of them harmless from and against, and shall pay and reimburse each of them for, any and all Losses incurred or sustained by, or imposed upon, Sellers the Seller Indemnitees based upon, arising out of, with respect to or by reason of: (a) any inaccuracy in or breach of any of the representations or warranties of Buyer contained in this Agreement the Transaction Documents or in any certificate or instrument delivered by or on behalf of Buyer pursuant to this Agreementthe Transaction Documents, as of the date such representation or warranty was made or as if such representation or warranty was made on and as of the Closing Date (except for representations and warranties that expressly relate to a specified date, the inaccuracy in or breach of which will be determined with reference to such specified date); or (b) any breach or non-fulfillment of any covenant, agreement or obligation to be performed by Buyer pursuant to this Agreement the Transaction Documents (other than ARTICLE VI, it being understood that the sole remedy for any such breach thereof shall be pursuant to ARTICLE VI).

Appears in 1 contract

Samples: Stock Purchase Agreement (Security National Financial Corp)

Indemnification by Buyer. Subject to the other terms and conditions of this ARTICLE Article VIII, Buyer shall indemnify and defend each of Sellers and its their Affiliates and their respective Representatives (collectively, the “Sellers Seller Indemnitees”) against, and shall hold each of them harmless from and against, and shall pay and reimburse each of them for, any and all Losses incurred or sustained by, or imposed upon, Sellers the Seller Indemnitees based upon, arising out of, with respect to or by reason of: (a) any inaccuracy in or breach of any of the representations or warranties of Buyer contained in this Agreement or in any certificate or instrument delivered by or on behalf of Buyer pursuant to this Agreement, as of the date such representation or warranty was made or as if such representation or warranty was made on and as of the Closing Date (except for representations and warranties that expressly relate to a specified date, the inaccuracy in or breach of which will be determined with reference to such specified date); or (b) any breach or non-fulfillment of any covenant, agreement or obligation to be performed by Buyer pursuant to this Agreement (other than ARTICLE VIArticle VII, it being understood that the sole remedy for any such breach thereof shall be pursuant to ARTICLE VIArticle VII).

Appears in 1 contract

Samples: Membership Interest Purchase Agreement (Legend Oil & Gas, Ltd.)

Indemnification by Buyer. Subject to the other terms and conditions of this ARTICLE VIIIArticle IX, from and after Closing, Buyer shall indemnify and defend the Sellers and their Affiliates and each of Sellers and its Affiliates and their respective Representatives (collectively, the “Sellers Seller Indemnitees”) against, and shall hold each of them harmless from and against, and shall pay and reimburse each of them for, any and all Losses incurred or sustained by, or imposed upon, Sellers the Seller Indemnitees based upon, arising out of, with respect to or by reason of: (a) any inaccuracy in or breach of any of the representations or warranties of Buyer contained in this Agreement or in any certificate or instrument delivered by or on behalf of Buyer pursuant to this Agreement, as of the date such representation or warranty was made or as if such representation or warranty was made on and as of the Closing Date (except for representations and warranties that expressly relate to a specified date, the inaccuracy in or breach of which will be determined with reference to such specified date); or (b) any breach or non-fulfillment of any covenant, agreement or obligation to be performed by Buyer pursuant to this Agreement (other than ARTICLE VIArticle VII, it being understood that the sole remedy for any such breach thereof shall be pursuant to ARTICLE VIArticle VII).

Appears in 1 contract

Samples: Stock Purchase Agreement (Solitron Devices Inc)

Indemnification by Buyer. Subject to the other terms and conditions of this ARTICLE VIII, Buyer shall indemnify and defend each of Sellers Seller and its Affiliates and their respective Representatives (collectively, the “Sellers Seller Indemnitees”) against, and shall hold each of them harmless from and against, and shall pay and reimburse each of them for, any and all Losses incurred or sustained by, or imposed upon, Sellers the Seller Indemnitees based upon, arising out of, with respect to or by reason of: (a) any inaccuracy in or breach of any of the representations or warranties of Buyer contained in this Agreement or in any certificate or instrument delivered by or on behalf of Buyer pursuant to this Agreement, as of the date such representation or warranty was made or as if such representation or warranty was made on and as of the Closing Date (except for representations and warranties that expressly relate to a specified date, the inaccuracy in or breach of which will be determined with reference to such specified date); or (b) any breach or non-fulfillment of any covenant, agreement or obligation to be performed by Buyer pursuant to this Agreement (other than ARTICLE VI, it being understood that the sole remedy for any such breach thereof shall be pursuant to ARTICLE VI).

Appears in 1 contract

Samples: Membership Interest Purchase Agreement (Fat Brands, Inc)

Indemnification by Buyer. Subject to the other terms and conditions of this ARTICLE Article VIII, Buyer shall indemnify and defend each of Sellers Seller and its Affiliates and their respective Representatives (collectively, the “Sellers Seller Indemnitees”) against, and shall hold each of them harmless from and against, and shall pay and reimburse each of them for, any and all Losses incurred or sustained by, or imposed upon, Sellers the Seller Indemnitees based upon, arising out of, with respect to or by reason of: (a) any inaccuracy in or breach of any of the representations or warranties of Buyer contained in this Agreement or in any certificate or instrument delivered by or on behalf of Buyer pursuant to this Agreement, as of the date such representation or warranty was made or as if such representation or warranty was made on and as of the Closing Date (except for representations and warranties that expressly relate to a specified date, the inaccuracy in or breach of which will be determined with reference to such specified date); or (b) any breach or non-fulfillment fulfilment of any covenant, agreement or obligation to be performed by Buyer pursuant to this Agreement (other than ARTICLE Article VI, it being understood that the sole remedy for any such breach thereof shall be pursuant to ARTICLE Article VI).

Appears in 1 contract

Samples: Unit Purchase Agreement (Ennis, Inc.)

Indemnification by Buyer. Subject to the other terms and conditions of this ARTICLE VIIIX, Buyer shall indemnify and defend each of Sellers and its their Affiliates and their respective Representatives (collectively, the “Sellers Seller Indemnitees”) against, and shall hold each of them harmless from and against, and shall pay and reimburse each of them for, any and all Losses incurred or sustained by, or imposed upon, Sellers the Seller Indemnitees based upon, arising out of, with respect to or by reason of: (a) any inaccuracy in or breach of any of the representations or warranties of Buyer contained in this Agreement or in any certificate or instrument delivered by or on behalf of Buyer pursuant to this Agreement, as of the date such representation or warranty was made or as if such representation or warranty was made Agreement on and as of the Closing Date (except for representations and warranties that expressly relate related to a specified date, the inaccuracy in or breach of which will be determined with reference to such specified date); or; (b) any breach or non-fulfillment of any covenant, agreement or obligation to be performed by Buyer pursuant to this Agreement (other than ARTICLE VIVIII, it being understood that the sole remedy for any such breach thereof shall be pursuant to ARTICLE VIVIII); or (c) the conduct of the business of the Company from and after the Closing Date or the ownership of the Interests after the Closing Date, in each case except to the extent based upon, arising out of, with respect to or by reason of any condition or circumstance covered by the indemnities set forth in Section 10.02.

Appears in 1 contract

Samples: Membership Interest Purchase Agreement (Gse Systems Inc)

Indemnification by Buyer. Subject to the other terms and conditions of this ARTICLE Article VIII, Buyer shall indemnify and defend each of Sellers Selling Stockholder and its Affiliates and their respective Representatives (collectively, the “Sellers Selling Stockholder Indemnitees”) against, and shall hold each of them harmless from and against, and shall pay and reimburse each of them for, any and all Losses incurred or sustained by, or imposed upon, Sellers the Selling Stockholder Indemnitees based upon, arising out of, with respect to or by reason of: (a) any inaccuracy in or breach of any of the representations or warranties of Buyer contained in this Agreement or in any certificate or instrument delivered by or on behalf of Buyer pursuant to this Agreement, as of the date such representation or warranty was made or as if such representation or warranty was made on and as of the Closing Date (except for representations and warranties that expressly relate to a specified date, the inaccuracy in or breach of which will be determined with reference to such specified date); or (b) any breach or non-fulfillment of any covenant, agreement or obligation to be performed by Buyer pursuant to this Agreement (other than ARTICLE Article VI, it being understood that the sole remedy for any such breach thereof shall be pursuant to ARTICLE Article VI).

Appears in 1 contract

Samples: Stock Purchase Agreement (Pan Global, Corp.)

Indemnification by Buyer. Subject to the other terms and conditions of this ARTICLE VIII, the Buyer shall indemnify and defend each of the Sellers and its their respective Affiliates and their respective Representatives (collectively, the “Sellers "Seller Indemnitees") against, and shall hold each of them harmless from and against, and shall pay and reimburse each of them for, any and all Losses incurred or sustained by, or imposed upon, Sellers the Seller Indemnitees based upon, arising out of, with respect to or by reason of: (a) any inaccuracy in or breach of any of the representations or warranties of the Buyer contained in this Agreement or in any certificate or instrument delivered by or on behalf of the Buyer pursuant to this Agreement, as of the date such representation or warranty was made or as if such representation or warranty was made on and as of the Closing Date (except for representations and warranties that expressly relate to a specified date, the inaccuracy in or breach of which will be determined with reference to such specified date); or; (b) any breach or non-fulfillment of any covenant, agreement or obligation to be performed by the Buyer pursuant to this Agreement (other than any breach or violation of, or failure to fully perform, any covenant, agreement, undertaking or obligation in ARTICLE VI, it being understood that the sole remedy for any such breach thereof breach, violation or failure shall be pursuant to ARTICLE VI).;

Appears in 1 contract

Samples: Merger Agreement (Body & Mind Inc.)

AutoNDA by SimpleDocs

Indemnification by Buyer. Subject to the other terms and conditions of this ARTICLE VIIIArticle IX, Buyer shall indemnify and defend each of Sellers and Seller, its Affiliates and their respective Representatives (collectively, the “Sellers Seller Indemnitees”) against, and shall hold each of them harmless from and against, and shall pay and reimburse each of them for, any and all Losses incurred or sustained by, or imposed upon, Sellers the Seller Indemnitees based upon, arising out of, with respect to or by reason of: (a) any inaccuracy in or breach of any of the representations or warranties of Buyer or Guarantor contained in this Agreement or in any certificate or instrument delivered by or on behalf of Buyer or Guarantor pursuant to this Agreement, Section 8.03 as of the date such representation or warranty was made or as if such representation or warranty was made on and as of the Closing Date (except for representations and warranties that expressly relate to a specified date, the inaccuracy in or breach of which will be determined with reference to only such specified date); or (b) any breach or non-fulfillment of any covenant, agreement or obligation to be performed by Buyer or Guarantor or, after the Closing the Company, pursuant to this Agreement (other than ARTICLE VIany breach or violation of, or failure to fully perform, any covenant, agreement or obligation in Article VII, it being understood that the sole remedy for any such breach thereof breach, violation or failure shall be pursuant to ARTICLE VIArticle VII).

Appears in 1 contract

Samples: Membership Interest Purchase Agreement

Indemnification by Buyer. Subject to the other terms and conditions of this ARTICLE Article VIII, Buyer shall indemnify and defend each of Sellers and its their Affiliates and their respective Representatives (collectively, the "Sellers Indemnitees") against, and shall hold each of them harmless from and against, and shall pay and reimburse each of them for, any and all Losses incurred or sustained by, or imposed upon, the Sellers Indemnitees based upon, arising out of, with respect to or by reason of: (a) any inaccuracy in or breach of any of the representations or warranties of Buyer contained in this Agreement or in any certificate or instrument delivered by or on behalf of Buyer pursuant to this Agreement, as of the date such representation or warranty was made or as if such representation or warranty was made on and as of the Closing Date (except for representations and warranties that expressly relate to a specified date, the inaccuracy in or breach of which will be determined with reference to such specified date); or (b) any breach or non-fulfillment of any covenant, agreement or obligation to be performed by Buyer pursuant to this Agreement (other than ARTICLE Article VI, it being understood that the sole remedy for any such breach thereof shall be pursuant to ARTICLE Article VI).

Appears in 1 contract

Samples: Stock Purchase Agreement (Control4 Corp)

Indemnification by Buyer. Subject to the other terms and conditions of this ARTICLE VIII, Buyer shall indemnify and defend each of Sellers Seller and its Affiliates and their respective Representatives (collectively, the “Sellers Seller Indemnitees”) against, and shall hold each of them harmless from and against, and shall pay and reimburse each of them for, any and all Losses incurred or sustained by, or imposed upon, Sellers the Seller Indemnitees based upon, arising out of, with respect to or by reason of: (a) any inaccuracy in or breach of any of the representations or warranties of Buyer contained in this Agreement or in any certificate or instrument delivered by or on behalf of Buyer pursuant to this Agreement, as of the date such representation or warranty was made or as if such representation or warranty was made on and as of the Closing Date (except for representations and warranties that expressly relate to a specified date, the inaccuracy in or breach of which will be determined with reference to such specified date); or; (b) any breach or non-fulfillment of any covenant, agreement or obligation to be performed by Buyer pursuant to this Agreement (other than ARTICLE VI, it being understood that the sole remedy for any such breach thereof shall be pursuant to ARTICLE VI).

Appears in 1 contract

Samples: Stock Purchase Agreement (LifeMD, Inc.)

Indemnification by Buyer. Subject to the other terms and conditions of this ARTICLE VIIIArticle 10, Buyer shall indemnify and defend each of Sellers and the Shareholder, its Affiliates and their respective Representatives (collectively, the “Sellers Shareholder Indemnitees”) against, and shall hold each of them harmless from and against, and shall pay and reimburse each of them for, any and all Losses incurred or sustained by, or imposed upon, Sellers the Shareholder Indemnitees based upon, arising out of, with respect to, relating to or by reason of: (a) any a material inaccuracy in or material breach of any of the representations or warranties of Buyer contained in this Agreement or in any certificate or instrument delivered by or on behalf of Buyer pursuant to this AgreementSection 2.4(b) and Section 2.4(c), as of the date such representation or warranty was made or as if such representation or warranty was made on and as of the Closing Date (except for representations and warranties that expressly relate to a specified date, the inaccuracy in or breach of which will be determined with reference to such specified date); or (b) any a breach or non-fulfillment of any covenant, agreement or obligation to be performed by Buyer pursuant to this Agreement (other than ARTICLE VIArticle 8, it being understood that the sole remedy for any such breach thereof shall be pursuant to ARTICLE VI)Article 8).

Appears in 1 contract

Samples: Stock Purchase Agreement (Charge Enterprises, Inc.)

Indemnification by Buyer. Subject to the other terms and conditions of this ARTICLE Article VIII, Buyer Bxxxx shall indemnify and defend each of Sellers Seller and its Affiliates and their respective Representatives (collectively, the “Sellers Seller Indemnitees”) against, and shall hold each of them harmless from and against, and shall pay and reimburse each of them for, any and all Losses incurred or sustained by, or imposed upon, Sellers the Seller Indemnitees based upon, arising out of, with respect to or by reason of: (a) any inaccuracy in or breach of any of the representations or warranties of Buyer contained in this Agreement or in any certificate or instrument delivered by or on behalf of Buyer pursuant to this Agreement, as of the date such representation or warranty was made or as if such representation or warranty was made on and as of the Closing Date (except for representations and warranties that expressly relate to a specified date, the inaccuracy in or breach of which will be determined with reference to such specified date); or (b) any breach or non-fulfillment of any covenant, agreement or obligation to be performed by Buyer pursuant to this Agreement (other than ARTICLE Article VI, it being understood that the sole remedy for any such breach thereof shall be pursuant to ARTICLE Article VI).

Appears in 1 contract

Samples: Stock Purchase Agreement (American International Holdings Corp.)

Indemnification by Buyer. Subject to the other terms and conditions of this ARTICLE VIIIXI, Buyer Xxxxx shall indemnify and defend each of Sellers City and its Affiliates and their respective Representatives (collectively, the “Sellers Seller Indemnitees”) against, and shall hold each of them harmless from and against, and shall pay and reimburse each of them for, any and all Losses incurred or sustained by, or imposed upon, Sellers the Seller Indemnitees based upon, arising out of, with respect to or by reason of: (a) any inaccuracy in or breach of any of the representations or warranties of Buyer contained in this Agreement Agreement, the other Transaction Documents, or in any certificate or instrument delivered by or on behalf of Buyer pursuant to this Agreement, as of the date such representation or warranty was made or as if such representation or warranty was made on and as of the Closing Date (except for representations and warranties that expressly relate to a specified date, the inaccuracy in or breach of which will be determined with reference to such specified date); or; (b) any breach or non-fulfillment of any covenant, agreement or obligation to be performed by Buyer pursuant to this Agreement Agreement, the other Transaction Documents or any certificate or instrument delivered by or on behalf of Buyer pursuant to this Agreement; (c) any Assumed Liability; or (d) any third party claim based upon, resulting from or arising out of Buyer’s operation of the Telecom System after the Closing Date other than ARTICLE VIclaims based upon, it being understood that resulting from or arising out of any breach of any representation, warranty or covenant of the sole remedy for any such breach thereof shall be pursuant to ARTICLE VI)City or Blue Water under this Agreement.

Appears in 1 contract

Samples: Asset Purchase Agreement

Indemnification by Buyer. Subject to the other terms and conditions of this ARTICLE VIII, Buyer shall indemnify and defend each of the Sellers and its their Affiliates and their respective Representatives (collectively, the “Sellers Seller Indemnitees”) against, and shall hold each of them harmless from and against, and shall pay and reimburse each of them for, any and all Losses incurred or sustained by, or imposed upon, Sellers the Seller Indemnitees based upon, arising out of, with respect to or by reason of: (a) any inaccuracy in or breach of any of the representations or warranties of Buyer contained in this Agreement or in any certificate or instrument delivered by or on behalf of Buyer pursuant to this Agreement, as of the date such representation or warranty was made or as if such representation or warranty was made on and as of the Closing Date (except for representations and warranties that expressly relate to a specified date, the inaccuracy in or breach of which will be determined with reference to such specified date); or (b) any breach or non-fulfillment of any covenant, agreement or obligation to be performed by Buyer pursuant to this Agreement (other than ARTICLE VI, it being understood that the sole remedy for any such breach thereof shall be pursuant to ARTICLE VI).

Appears in 1 contract

Samples: Stock Purchase Agreement (Forward Industries Inc)

Indemnification by Buyer. Subject to the other terms and conditions of this ARTICLE VIII, Buyer from and after Closing, Xxxxx shall indemnify and defend each of Sellers and its Affiliates the Seller Parties and their respective Representatives (collectively, the “Sellers Seller Indemnitees”) against, and shall hold each of them harmless from and against, and shall pay and reimburse each of them for, any and all Losses incurred or sustained by, or imposed upon, Sellers the Seller Indemnitees based upon, arising out of, with respect to or by reason of: (a) any inaccuracy in or breach of any of the representations or warranties of Buyer contained in this Agreement or in any certificate or instrument delivered by or on behalf of Buyer pursuant to this Agreement, as of the date such representation or warranty was made or as if such representation or warranty was made on and as of the Closing Date (except for representations and warranties that expressly relate to a specified date, the inaccuracy in or breach of which will be determined with reference to such specified date); or (b) any breach or non-fulfillment of any covenant, agreement or obligation to be performed by Buyer pursuant to this Agreement (other than ARTICLE VI, it being understood that the sole remedy for any such breach thereof shall be pursuant to ARTICLE VI).

Appears in 1 contract

Samples: Stock Purchase Agreement (Beauty Health Co)

Indemnification by Buyer. Subject to the other terms and conditions of this ARTICLE Article VIII, Buyer shall indemnify and defend each of Sellers and its Affiliates and their respective Representatives (collectively, the “Sellers Indemnitees”) against, and shall hold each of them harmless from and against, and shall pay and reimburse each of them for, any and all Losses incurred or sustained by, or imposed upon, the Sellers Indemnitees based upon, arising out of, with respect to or by reason of: (a) any inaccuracy in or breach of any of the representations or warranties of Buyer contained in this Agreement or in any certificate or instrument delivered by or on behalf of Buyer pursuant to this Agreement, as of the date such representation or warranty was made or as if such representation or warranty was made on and as of the Closing Date (except for representations and warranties that expressly relate to a specified date, the inaccuracy in or breach of which will be determined with reference to such specified date); or (b) any breach or non-fulfillment of any covenant, agreement or obligation to be performed by Buyer pursuant to this Agreement (other than ARTICLE Article VI, it being understood that the sole remedy for any such breach thereof shall be pursuant to ARTICLE Article VI).

Appears in 1 contract

Samples: Membership Interest Purchase Agreement (Imprimis Pharmaceuticals, Inc.)

Indemnification by Buyer. Subject to the other terms and conditions of this ARTICLE VIII, Buyer shall indemnify and defend each of Sellers Seller and its Affiliates and their respective Representatives (collectively, the “Sellers Seller Indemnitees”) against, and shall hold each of them harmless from and against, and shall pay and reimburse each of them for, any and all Losses incurred or sustained by, or imposed upon, Sellers the Seller Indemnitees based upon, arising out of, with respect to or by reason of: (a) any inaccuracy in or breach of any of the representations or warranties of Buyer contained in this Agreement or in any certificate or instrument delivered by or on behalf of Buyer pursuant to this Agreement, as of the date such representation or warranty was made or as if such representation or warranty was made on and as of the Closing Date (except for representations and warranties that expressly relate to a specified date, the inaccuracy in or breach of which will be determined with reference to such specified date); or; (b) any breach or non-fulfillment of any covenant, agreement or obligation to be performed by Buyer pursuant to this Agreement (other than ARTICLE VI, it being understood that the sole remedy for any such breach thereof shall be pursuant to ARTICLE VI); or (c) the conduct, ownership, or operation of the Company after Closing.

Appears in 1 contract

Samples: Membership Interest Purchase Agreement (Tattooed Chef, Inc.)

Indemnification by Buyer. Subject to the other terms and conditions of this ARTICLE VIIIArticle IX, Buyer shall indemnify and defend each Seller and Affiliates of Sellers and its Affiliates and their respective Representatives (collectively, the “Sellers Indemnitees”) against, and shall hold each of them harmless from and against, and shall pay and reimburse each of them for, any and all Losses incurred or sustained by, or imposed upon, the Sellers Indemnitees based upon, arising out of, with respect to or by reason of: (a) any inaccuracy in or breach of any of the representations or warranties of Buyer contained in this Agreement or in any certificate or instrument delivered by or on behalf of Buyer pursuant to this Agreement, as of the date such representation or warranty was made or as if such representation or warranty was made on and as of the Closing Date (except for representations and warranties that expressly relate to a specified date, the inaccuracy in or breach of which will be determined with reference to such specified date); or (b) any breach or non-fulfillment of any covenant, agreement or obligation to be performed by Buyer pursuant to this Agreement (other than ARTICLE VIArticle VII, it being understood that the sole remedy for any such breach thereof shall be pursuant to ARTICLE VIArticle VII); or (c) any Fraud by or on behalf of Buyer in connection with or affecting this Agreement or the transactions contemplated hereby or by any Ancillary Document.

Appears in 1 contract

Samples: Stock and Warrant Purchase Agreement (Wavedancer, Inc.)

Indemnification by Buyer. Subject to the other terms and conditions of this ARTICLE VIIIXI, Buyer shall indemnify and defend each of Sellers City and its Affiliates and their respective Representatives (collectively, the “Sellers Seller Indemnitees”) against, and shall hold each of them harmless from and against, and shall pay and reimburse each of them for, any and all Losses incurred or sustained by, or imposed upon, Sellers the Seller Indemnitees based upon, arising out of, with respect to or by reason of: (a) any inaccuracy in or breach of any of the representations or warranties of Buyer contained in this Agreement Agreement, the other Transaction Documents, or in any certificate or instrument delivered by or on behalf of Buyer pursuant to this Agreement, as of the date such representation or warranty was made or as if such representation or warranty was made on and as of the Closing Date (except for representations and warranties that expressly relate to a specified date, the inaccuracy in or breach of which will be determined with reference to such specified date); or; (b) any breach or non-fulfillment of any covenant, agreement or obligation to be performed by Buyer pursuant to this Agreement Agreement, the other Transaction Documents or any certificate or instrument delivered by or on behalf of Buyer pursuant to this Agreement; (c) any Assumed Liability; or (d) any third party claim based upon, resulting from or arising out of Buyer’s operation of the Telecom System after the Closing Date other than ARTICLE VIclaims based upon, it being understood that resulting from or arising out of any breach of any representation, warranty or covenant of the sole remedy for any such breach thereof shall be pursuant to ARTICLE VI)City or Blue Water under this Agreement.

Appears in 1 contract

Samples: Asset Purchase Agreement

Indemnification by Buyer. Subject to the other terms and conditions of this ARTICLE VIII, Buyer Bxxxx shall indemnify and defend each of Sellers and its Affiliates and their respective Representatives (collectively, the “Sellers Indemnitees”) against, and shall hold each of them harmless from and against, and shall pay and reimburse each of them for, any and all Losses incurred or sustained by, or imposed upon, the Sellers Indemnitees based upon, arising out of, with respect to or by reason of: (a) any inaccuracy in or breach of any of the representations or warranties of Buyer contained in this Agreement or in any certificate or instrument delivered by or on behalf of Buyer pursuant to this Agreement, as of the date such representation or warranty was made or as if such representation or warranty was made on and as of the Closing Date (except for representations and warranties that expressly relate to a specified date, the inaccuracy in or breach of which will be determined with reference to such specified date); or (b) any breach or non-fulfillment of any covenant, agreement or obligation to be performed by Buyer pursuant to this Agreement (other than ARTICLE VI, it being understood that the sole remedy for any such breach thereof shall be pursuant to ARTICLE VI).

Appears in 1 contract

Samples: Membership Interest Purchase Agreement (Focus Impact BH3 NewCo, Inc.)

Indemnification by Buyer. Subject to the other terms and conditions of this ARTICLE VIII, from and after Closing, Buyer shall indemnify and defend each of Sellers Seller and its Affiliates and their respective Representatives (collectively, the “Sellers "Seller Indemnitees") against, and shall hold each of them harmless from and against, and shall pay and reimburse each of them for, any and all Losses incurred or sustained by, or imposed upon, Sellers the Seller Indemnitees based upon, arising out of, with respect to or by reason of: (a) any inaccuracy in or breach of any of the representations or warranties of Buyer contained in this Agreement or in any certificate or instrument delivered by or on behalf of Buyer pursuant to this Agreement, as of the date such representation or warranty was made or as if such representation or warranty was made on and as of the Closing Date (except for representations and warranties that expressly relate to a specified date, the inaccuracy in or breach of which will be determined with reference to such specified date); or (b) any breach or non-fulfillment of any covenant, agreement or obligation to be performed by Buyer pursuant to this Agreement (other than any breach or non-fulfillments of any covenant, agreement or obligation in ARTICLE VI, it being understood that the sole remedy for any such breach or non-fulfillment thereof shall be pursuant to ARTICLE VI).

Appears in 1 contract

Samples: Stock Purchase Agreement (Flora Growth Corp.)

Indemnification by Buyer. Subject to the other terms and conditions of this ARTICLE VIII, Buyer shall indemnify and defend Seller, each of Sellers Member, and its their respective Affiliates and their respective Representatives (collectively, the “Sellers Seller Indemnitees”) against, and shall hold each of them harmless from and against, and shall pay and reimburse each of them for, any and all Losses incurred or sustained by, or imposed upon, Sellers the Seller Indemnitees based upon, arising out of, with respect to or by reason of: (a) any inaccuracy in or breach of any of the representations or warranties of Buyer contained in this Agreement or in any certificate or instrument delivered by or on behalf of Buyer pursuant to this Agreement, as of the date such representation or warranty was made or as if such representation or warranty was made on and as of the Closing Date (except for representations and warranties that expressly relate to a specified date, the inaccuracy in or breach of which will be determined with reference to such specified date); or (b) any breach or non-fulfillment of any covenant, agreement or obligation to be performed by Buyer pursuant to this Agreement (other than ARTICLE VI, it being understood that the sole remedy for any such breach thereof shall be pursuant to ARTICLE VI).

Appears in 1 contract

Samples: Membership Interest Purchase Agreement (Enservco Corp)

Indemnification by Buyer. Subject to the other terms and conditions of this ARTICLE Article VIII, Buyer shall indemnify and defend each of Sellers Seller and its Affiliates and their respective Representatives (collectively, the “Sellers Seller Indemnitees”) against, and shall hold each of them harmless from and against, and shall pay and reimburse each of them for, any and all Losses incurred or sustained by, or imposed upon, Sellers the Seller Indemnitees based upon, arising out of, with respect to or by reason of: (a) any inaccuracy in or breach of any of the representations or warranties of Buyer contained in this Agreement or in any certificate or instrument delivered by or on behalf of Buyer pursuant to this Agreement, as of the date such representation or warranty was made or as if such representation or warranty was made on and as of the Closing Date (except for representations and warranties that expressly relate to a specified date, the inaccuracy in or breach of which will be determined with reference to such specified date); or (b) any breach or non-fulfillment of any covenant, agreement or obligation to be performed by Buyer pursuant to this Agreement (other than ARTICLE Article VI, it being understood that the sole remedy for any such breach thereof shall be pursuant to ARTICLE Article VI).

Appears in 1 contract

Samples: Stock Purchase Agreement (R F Industries LTD)

Indemnification by Buyer. Subject to the other terms and conditions of this ARTICLE Article VIII, Buyer shall indemnify and defend each of Sellers Seller and its Affiliates and their respective Representatives (collectively, the “Sellers Seller Indemnitees”) against, and shall hold each of them harmless from and against, and shall pay and reimburse each of them for, any and all Losses incurred or sustained by, or imposed upon, Sellers the Seller Indemnitees based upon, arising out of, with respect to or by reason of: (a) any inaccuracy in or breach of any of the representations or warranties of Buyer contained in this Agreement or in any certificate or instrument delivered by or on behalf of Buyer pursuant to this Agreement, as of the date such representation or warranty was made or as if such representation or warranty was made on and as of the Closing Date (except for representations and warranties that expressly relate to a specified date, the inaccuracy in or breach of which will be determined with reference to such specified date); or (b) any breach or non-fulfillment of any covenant, agreement or obligation to be performed by Buyer pursuant to this Agreement (other than ARTICLE Article VI, it being understood that the sole remedy for any such breach thereof shall be pursuant to ARTICLE Article VI). (c) For purposes of this Section 8.03, any inaccuracy in or breach of any representation or warranty shall be determined without regard to any materiality, Material Adverse Effect or other similar qualification contained in or otherwise applicable to such representation or warranty.

Appears in 1 contract

Samples: Stock Purchase Agreement (Lannett Co Inc)

Indemnification by Buyer. Subject to the other terms and conditions of this ARTICLE Article VIII, Buyer shall indemnify and defend each of Sellers and its Affiliates and their respective Affiliates and Representatives (collectively, the “Sellers "Seller Indemnitees") against, and shall hold each of them harmless from and against, and shall pay and reimburse each of them for, any and all Losses incurred or sustained by, or imposed upon, Sellers the Seller Indemnitees based upon, arising out of, with respect to or by reason of: (a) any inaccuracy in or breach of any of the representations or warranties of Buyer contained in this Agreement or in any certificate or instrument delivered by or on behalf of Buyer pursuant to this Agreement, as of the date such representation or warranty was made or as if such representation or warranty was made on and as of the Closing Date (except for representations and warranties that expressly relate to a specified date, the inaccuracy in or breach of which will be determined with reference to such specified date); or (b) any breach or non-fulfillment of any covenant, agreement or obligation to be performed by Buyer pursuant to this Agreement (other than ARTICLE VIArticle VII, it being understood that the sole remedy for any such breach thereof shall be pursuant to ARTICLE VIArticle VII).

Appears in 1 contract

Samples: Stock Purchase Agreement (Eyegate Pharmaceuticals Inc)

Indemnification by Buyer. Subject to the other terms and conditions of this ARTICLE Article VIII, Buyer Bxxxx shall indemnify and defend each of Sellers and its Affiliates and their respective Representatives (collectively, the “Sellers Seller Indemnitees”) against, and shall hold each of them harmless from and against, and shall pay and reimburse each of them for, any and all Losses incurred or sustained by, or imposed upon, Sellers the Seller Indemnitees based upon, arising out of, with respect to or by reason of: (a) any inaccuracy in or breach of any of the representations or warranties of Buyer contained in this Agreement or in any certificate or instrument delivered by or on behalf of Buyer pursuant to this Agreement, as of the date such representation or warranty was made or as if such representation or warranty was made on and as of the Closing Date (except for representations and warranties that expressly relate to a specified date, the inaccuracy in or breach of which will be determined with reference to such specified date); or (b) any breach or non-fulfillment of any covenant, agreement or obligation to be performed by Buyer pursuant to this Agreement (other than ARTICLE Article VI, it being understood that the sole remedy for any such breach thereof shall be pursuant to ARTICLE Article VI).

Appears in 1 contract

Samples: Stock Purchase Agreement (Cosmos Health Inc.)

Indemnification by Buyer. Subject to the other terms and conditions of this ARTICLE Article VIII, Buyer shall indemnify and defend each of Sellers Seller and its each Seller’s Affiliates and their respective Representatives (collectively, the “Sellers Seller Indemnitees”) against, and shall hold each of them harmless from and against, and shall pay and reimburse each of them for, any and all Losses incurred or sustained by, or imposed upon, Sellers the Seller Indemnitees based upon, arising out of, with respect to or by reason of: (a) any inaccuracy in or breach of any of the representations or warranties of Buyer contained in this Agreement or in any certificate or instrument delivered by or on behalf of Buyer pursuant to this Agreement, as of the date such representation or warranty was made or as if such representation or warranty was made on and as of the Closing Date (except for representations and warranties that expressly relate to a specified date, the inaccuracy in or breach of which will be determined with reference to such specified date); or (b) any breach or non-fulfillment of any covenant, agreement or obligation to be performed by Buyer pursuant to this Agreement (other than ARTICLE VIArticle VI and Section 5.02(f), it being understood that the sole remedy for any such breach thereof shall be pursuant to ARTICLE VIArticle VI and Section 5.02(f)).

Appears in 1 contract

Samples: Stock Purchase Agreement (Iteris, Inc.)

Indemnification by Buyer. Subject to the other terms and conditions of this ARTICLE VIII, Buyer shall indemnify and defend each of Sellers Seller and its Affiliates and their respective Representatives (collectively, the “Sellers Seller Indemnitees”) against, and shall hold each of them harmless from and against, and shall pay and reimburse each of them for, any and all Losses incurred or sustained by, or imposed upon, Sellers the Seller Indemnitees based upon, arising out of, with respect to or by reason of: (a) any inaccuracy in or breach of any of the representations or warranties of Buyer contained in this Agreement or in any certificate or instrument delivered by or on behalf of Buyer pursuant to this Agreement, as of the date such representation or warranty was made or as if such representation or warranty was made on and as of the Closing Date (except for representations and warranties that expressly relate to a specified date, the inaccuracy in or breach of which will be determined with reference to such specified date); or; (b) any breach or non-fulfillment of any covenant, agreement or obligation to be performed by Buyer pursuant to this Agreement (other than ARTICLE VI, it being understood that the sole remedy for any such breach thereof shall be pursuant to ARTICLE VI); or (c) any Final Liability.

Appears in 1 contract

Samples: Stock Purchase Agreement (Spendsmart Networks, Inc.)

Indemnification by Buyer. Subject to the other terms and conditions of this ARTICLE VIIIArticle VII , Buyer shall indemnify and defend each of Sellers the Seller and its his respective Affiliates and their respective Representatives (collectively, the “Sellers Seller Indemnitees”) against, and shall hold each of them harmless from and against, and shall pay and reimburse each of them for, any and all Losses incurred or sustained by, or imposed upon, Sellers the Seller Indemnitees based upon, arising out of, with respect to or by reason of: (a) any inaccuracy in or breach of any of the representations or warranties of Buyer contained in this Agreement or in any certificate or instrument delivered by or on behalf of Buyer pursuant to this Agreement, as of the date such representation or warranty was made or as if such representation or warranty was made on and as of the Closing Date (except for representations and warranties that expressly relate to a specified date, the inaccuracy in or breach of which will be determined with reference to such specified date); or (b) any breach or non-fulfillment fulfilment of any covenant, agreement or obligation to be performed by Buyer pursuant to this Agreement (other than ARTICLE VIArticle V, it being understood that the sole remedy for any such breach thereof shall be pursuant to ARTICLE VIArticle V). (c) For purposes of this Article VII, any inaccuracy in or breach of any representation or warranty shall be determined without regard to any materiality, Material Adverse Effect or other similar qualification contained in or otherwise applicable to such representation or warranty.

Appears in 1 contract

Samples: Stock Purchase Agreement (Focus Universal Inc.)

Indemnification by Buyer. Subject to the other terms and conditions of this ARTICLE VIIIIX, Buyer Xxxxx shall indemnify and defend each of Sellers and its Affiliates Seller Indemnitor and their respective Representatives (collectively, the “Sellers Seller Indemnitees”) against, and shall hold each of them harmless from and against, and shall pay and reimburse each of them for, any and all Losses incurred or sustained by, or imposed upon, Sellers the Seller Indemnitees based upon, arising out of, with respect to or by reason of: (a) : any inaccuracy in or breach of any of the representations or warranties of Buyer contained in this Agreement or in any certificate or instrument delivered by or on behalf of Buyer pursuant to this Agreement, as of the date such representation or warranty was made or as if such representation or warranty was made on and as of the Closing Date (except for representations and warranties that expressly relate to a specified date, the inaccuracy in or breach of which will be determined with reference to such specified date)) or, in the case of a Third Party Claim, any allegation that, if true, would constitute such inaccuracy or breach; or (b) or any breach or non-fulfillment of any covenant, agreement or obligation to be performed by Buyer pursuant to this Agreement (other than ARTICLE VIVII, it being understood that the sole remedy for any such breach thereof shall be pursuant to ARTICLE VIVII).

Appears in 1 contract

Samples: Membership Interest Purchase Agreement (Fallon Doug)

Indemnification by Buyer. Subject to the other terms and conditions of this ARTICLE Article VIII, Buyer shall indemnify and defend each of Sellers Seller and Shareholder and his or its Affiliates and their respective Representatives (collectively, the “Sellers "Seller Indemnitees") against, and shall hold each of them harmless from and against, and shall pay and reimburse each of them for, any and all Losses incurred or sustained by, or imposed upon, Sellers the Seller Indemnitees based upon, arising out of, with respect to or by reason of: (a) any inaccuracy in or breach of any of the representations or warranties of Buyer contained in this Agreement or in any certificate or instrument delivered by or on behalf of Buyer pursuant to this Agreement, as of the date such representation or warranty was made or as if such representation or warranty was made on and as of the Closing Date (except for representations and warranties that expressly relate to a specified date, the inaccuracy in or breach of which will be determined with reference to such specified date); or; (b) any breach or non-fulfillment of any covenant, agreement or obligation to be performed by Buyer pursuant to this Agreement (other than ARTICLE Article VI, it being understood that the sole remedy for any such breach thereof shall be pursuant to ARTICLE Article VI); and (c) any liability of Shareholders for post-closing obligations of the Target Companies arising under any Shareholders' Guaranties (as described in Section 5.12).

Appears in 1 contract

Samples: Stock Purchase Agreement (Turning Point Brands, Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!