Common use of Indemnification by Transferor Clause in Contracts

Indemnification by Transferor. Transferor hereby indemnifies and holds Transferee harmless from and against any and all claims, costs, penalties, damages, losses, liabilities and expenses (including reasonable attorneys' fees) that may at any time be incurred by Transferee, whether before or after Closing, as a result of any breach by Transferor of any of its representations, warranties, covenants or obligations set forth herein or in any other document delivered by Transferor pursuant hereto, for a period of one (1) year following the Closing. The provisions of this section shall survive termination of this Agreement by Transferee or Transferor.

Indemnification by Transferor. Transferor hereby indemnifies and holds Transferee harmless from and against any and all claims, costs, penalties, damages, losses, liabilities and expenses (including reasonable attorneys' fees) that may at any time be incurred by Transferee, whether before or after Closing, as a result of any breach by Transferor of any of its representations, warranties, covenants or obligations set forth herein or in any other document delivered by Transferor pursuant hereto, for a period of one (1) year following the Closing. The provisions of this section shall survive termination of this Agreement by Transferee or Transferor.