Common use of Indemnification by the Vendor Clause in Contracts

Indemnification by the Vendor. The Vendor shall indemnify, defend and save harmless the Purchaser and the successors and assigns of the Purchaser from and against any and all Loss suffered or incurred by the Purchaser and/or its successors and assigns as a direct or indirect result of, or arising in connection with or related in any manner whatever to: (a) any misrepresentation or breach of warranty made or given by the Vendor in this Agreement or in any document delivered pursuant to this Agreement; or (b) any failure by the Vendor to observe or perform any obligation contained in this Agreement or in any document delivered pursuant to this Agreement to be observed or performed by the Vendor.

Appears in 4 contracts

Samples: Share Purchase Agreement (Lorus Therapeutics Inc), Asset Purchase Agreement (Lorus Therapeutics Inc), Asset Purchase Agreement (Lorus Therapeutics Inc)

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