Common use of Indemnification by Liquid Holdings Clause in Contracts

Indemnification by Liquid Holdings. Liquid Holdings shall indemnify each Member from and against, and shall compensate and reimburse each Member for, any Damages which are suffered or incurred by such Member or to which such Member may otherwise become subject (regardless of whether or not such Damages relate to any third-party claim) and which arise from or as a result of, or are connected with: (a) any inaccuracy in or breach of any representation or warranty made by Liquid Holdings in this Agreement; or (b) any breach of any covenant or obligation of Liquid Holdings in this Agreement.