Indemnification by DS1 Clause Samples

Indemnification by DS1. DSI agrees to indemnify BUYERS and AJOL and their subsidiaries and affiliates and each of their respective shareholders, officers and directors (collectively the "Buyer Indemnified Parties") against all losses, liabilities, obligations, demands, judgments, settlements, damages and reasonable expenses (including, but not limited to, interest, penalties, fees, and reasonable professional fees and expenses) and against all claims in respect thereof (including, without limitation, amounts paid in settlement and reasonable costs of investigation), whether or not involving a third-party claim, to which the Buyer Indemnified Parties may suffer or incur, directly or indirectly, as a result from or in connection with: (a) any untrue representation of, or breach of warranty by, DSI in any part of this Agreement; and (b) the breach of or nonfulfillment of any covenant, agreement or undertaking of DSI in this Agreement.