Common use of Indemnification by the Principal Clause in Contracts

Indemnification by the Principal. Subject to the limitations set forth in this , the Principal shall indemnify, defend and hold harmless the Company and the Shareholders from and against any expense, settlement, judgment, award, fine, penalty, or Tax (including any reasonable legal or accounting fee related thereto) (collectively “Damages”), arising out of, relating to or resulting from any breach of a representation, warranty or covenant of Parent contained in this Agreement.

Appears in 3 contracts

Samples: Share Exchange Agreement (Fero Industries, Inc.), Asset Purchase Agreement (Fero Industries, Inc.), Share Exchange Agreement (Fero Industries, Inc.)

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Indemnification by the Principal. Subject to the limitations set forth in this Article VIII, the Principal shall indemnify, defend and hold harmless the Company and the Shareholders Members from and against any expense, settlement, judgment, award, fine, penalty, or Tax (including any reasonable legal or accounting fee related thereto) (collectively “Damages”), arising out of, relating to or resulting from any breach of a representation, warranty or covenant of Parent contained in this Agreement.

Appears in 1 contract

Samples: Unit Exchange Agreement (Tablemax Corp)

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