Common use of Indemnification by Seller Parties Clause in Contracts

Indemnification by Seller Parties. Subject to the other terms and conditions of this Article VIII, each Seller Party shall jointly and severally indemnify and defend each of Buyer and its Affiliates and their respective Representatives (collectively, the “Buyer 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 Buyer Indemnitees based upon, arising out of, with respect to or by reason of:

Appears in 2 contracts

Samples: Asset Purchase Agreement (Vertex Energy Inc.), Asset Purchase Agreement (Vertex Energy Inc.)

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Indemnification by Seller Parties. Subject to the other terms and conditions of this Article ARTICLE VIII, each of the Seller Party shall Parties, jointly and severally severally, shall indemnify and defend each of Buyer and its Affiliates and their respective Representatives (collectively, the “Buyer 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 Buyer Indemnitees based upon, arising out of, with respect to or by reason of:

Appears in 1 contract

Samples: Asset Purchase Agreement (Genasys Inc.)

Indemnification by Seller Parties. Subject to the other terms and conditions of this Article VIIIVII, each the Seller Party shall jointly and severally Parties agree to indemnify and defend Buyer and each of Buyer and its Affiliates and their respective Representatives (collectively, the “Buyer 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 Buyer Indemnitees based upon, arising out of, with respect to or by reason ofof a claim by a Buyer Indemnitee directly or by a third party:

Appears in 1 contract

Samples: Membership Interest Purchase Agreement (Health Insurance Innovations, Inc.)

Indemnification by Seller Parties. Subject to the other terms and conditions of this Article VIIIARTICLE IX, each Seller Party shall Parties, jointly and severally severally, shall indemnify and defend each of Buyer and its Affiliates (including the Company) and their respective Representatives (collectively, the "Buyer 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 Buyer Indemnitees based upon, arising out of, with respect to or by reason of:

Appears in 1 contract

Samples: Stock Purchase Agreement (Gse Systems Inc)

Indemnification by Seller Parties. Subject to the other terms and conditions of this Article VIIIARTICLE X, each Seller Party shall Parties, jointly and severally severally, shall indemnify and defend each of Buyer and its Affiliates (including the Company) and their respective Representatives (collectively, the "Buyer 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 Buyer Indemnitees based upon, arising out of, with respect to or by reason of:

Appears in 1 contract

Samples: Membership Interest Purchase Agreement (Gse Systems Inc)

Indemnification by Seller Parties. Subject to the other terms and conditions of this Article VIII7, each the Seller Party shall Parties shall, jointly and severally severally, indemnify and defend each of Buyer and its Affiliates Buyer, Arcadia and their respective Affiliates and Representatives (collectively, the “Buyer 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 Buyer Indemnitees based upon, arising out of, with respect to or by reason of:

Appears in 1 contract

Samples: Asset Purchase Agreement (Arcadia Biosciences, Inc.)

Indemnification by Seller Parties. Subject to the other terms and conditions of this Article VIIIVII, each Seller Party shall and Parent, jointly and severally (each a “Seller Party” and together the “Seller Parties”), shall indemnify and defend each of Buyer and its Affiliates and their respective Representatives (collectively, the “Buyer 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 Buyer Indemnitees based upon, arising out of, with respect to or by reason of:

Appears in 1 contract

Samples: Asset Purchase Agreement (Dixie Group Inc)

Indemnification by Seller Parties. Subject to the other terms and conditions of this Article VIIIVII, from and after the Closing, each Seller Party shall jointly and severally indemnify and defend each of Buyer and its Affiliates and their respective Representatives (collectively, the “Buyer 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 Buyer Indemnitees based upon, arising out of, with respect to or by reason of:

Appears in 1 contract

Samples: Asset Purchase and Reorganization Agreement (Guardion Health Sciences, Inc.)

Indemnification by Seller Parties. Subject to the other terms and conditions of this Article VIIIARTICLE X, each Seller Party shall Parties, jointly and severally severally, shall indemnify and defend each of Buyer and its Affiliates (including the Company) and their respective Representatives (collectively, the “Buyer 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 Buyer Indemnitees based upon, arising out of, with respect to or by reason of:

Appears in 1 contract

Samples: Membership Interest Purchase Agreement (Gse Systems Inc)

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Indemnification by Seller Parties. Subject to the other terms and conditions of this Article ARTICLE VIII, each Seller Party Parties shall severally and jointly and severally indemnify and defend each of Buyer and Buyer, its Affiliates and their respective Representatives (collectively, the “Buyer 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 Buyer Indemnitees them based upon, arising out of, with respect to or by reason of:

Appears in 1 contract

Samples: Asset Purchase Agreement (Comstock Holding Companies, Inc.)

Indemnification by Seller Parties. Subject to the other terms and conditions of this Article ARTICLE VIII, each the Seller Party Parties shall jointly and severally indemnify and defend each of Buyer and its Affiliates (including the Company Group) and their respective Representatives (collectively, the “Buyer 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 Buyer Indemnitees based upon, arising out of, with respect to or by reason of:

Appears in 1 contract

Samples: Stock Purchase Agreement (Ideanomics, Inc.)

Indemnification by Seller Parties. Subject to the other terms and conditions of this Article VIIIARTICLE VII, each Seller Party shall shall, jointly and severally severally, indemnify and defend each of Buyer and its Affiliates and their respective Representatives (collectively, the “Buyer 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 Buyer Indemnitees based upon, arising out of, with respect to or by reason of:

Appears in 1 contract

Samples: Asset Purchase Agreement (Intellinetics, Inc.)

Indemnification by Seller Parties. Subject to the other terms and conditions of this Article VIIIARTICLE VI, each the Seller Party shall jointly and severally indemnify and defend each of Buyer and its Affiliates (including the Company) and their respective Representatives (collectively, the “Buyer 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 Buyer Indemnitees based upon, arising out of, with respect to to, or by reason of:

Appears in 1 contract

Samples: Purchase Agreement (Realnetworks Inc)

Indemnification by Seller Parties. Subject to the other terms and conditions of this Article VIIIARTICLE VII, each Seller Party shall Parties shall, jointly and severally severally, indemnify and defend each of Buyer and its Affiliates (including the Company) and their respective Representatives (collectively, the “Buyer 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 Buyer Indemnitees based upon, arising out of, with respect to or by reason of:

Appears in 1 contract

Samples: Employment Agreement (LIVE VENTURES Inc)

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