Common use of Indemnification by Forestar Petroleum Clause in Contracts

Indemnification by Forestar Petroleum. From and after the Closing Date, Forestar Petroleum ‎shall, subject to the other terms and conditions of this Section 11(b), indemnify, defend and hold ‎Purchaser, and any of its respective agents, employees, officers and directors, and each of the heirs, executors, successors and assigns thereof (collectively, the “Purchaser Indemnitees”) harmless from any and all ‎claims, actions, demands, liabilities, losses, fines, costs, expenses (including reasonable attorneys’ ‎fees), and compensatory damages only, and not including any punitive, consequential, incidental or special damages, whether or not resulting from third-party claims (each of the foregoing, a “Loss”) to ‎Purchaser, arising out of or with respect to any breach of any representation or warranty of Forestar Petroleum in this ‎Agreement.‎ For the purposes of determining Losses, all qualifications based on the word material or ‎similar phrases shall be disregarded.

Indemnification by Forestar Petroleum. From and after the Closing Date, Forestar Petroleum ‎shall, subject to the other terms and conditions of this Section 11(b), indemnify, defend and hold ‎Purchaser, and any of its respective agents, employees, officers and directors, and each of the heirs, executors, successors and assigns thereof (collectively, the “Purchaser Indemnitees”) harmless from any and all ‎claims, actions, demands, liabilities, losses, fines, costs, expenses (including reasonable attorneys’ ‎fees), and compensatory damages only, and not including any punitive, consequential, incidental or special damages, whether or not resulting from third-party claims (each of the foregoing, a “Loss”) to ‎Purchaser, arising out of or with respect to any breach of any representation or warranty of Forestar Petroleum in this ‎Agreement.‎ For the purposes of determining Losses, all qualifications based on the word material or ‎similar phrases shall be disregarded.. (c)