Common use of Indemnification due to Inaccuracy Clause in Contracts

Indemnification due to Inaccuracy. Each Party shall indemnify and hold harmless the other Party from any and all damages, losses, penalties, expenses and costs (including reasonable attorney fee plus court costs), injuries and causes of action arising from, based on, related to or associated with the inaccuracy of any representation or warranty set forth in this GTA; provided, however, that the Indemnified Party shall endeavour to mitigate the impact of such inaccuracy of any representation or warranty and minimise the damages, losses, penalties, expenses, costs, payments, injuries, causes of action and liabilities arising there from.

Appears in 3 contracts

Samples: Gas Transmission Agreement, Gas Transmission Agreement, Gas Transmission Agreement

AutoNDA by SimpleDocs

Indemnification due to Inaccuracy. Each Party shall indemnify and hold harmless the other Party from any and all damages, losses, penalties, expenses and costs (including reasonable attorney fee plus court costs), injuries and causes of action arising from, based on, related to or associated with the inaccuracy of any representation or warranty set forth in this GTA; provided, however, Provided that the Indemnified Party shall endeavour endeavor to mitigate the impact of such inaccuracy of any representation or warranty and minimise minimize the damages, losses, penalties, expenses, costs, payments, injuries, causes of action and liabilities arising there from.

Appears in 2 contracts

Samples: Transportation Agreement, Transportation Agreement

AutoNDA by SimpleDocs

Indemnification due to Inaccuracy. Each Party shall indemnify and hold harmless the other Party from any and all damages, losses, penalties, expenses and costs (including reasonable attorney fee plus court costs), injuries and causes of action arising from, based on, related to or associated with the inaccuracy of any representation or warranty set forth in this GTA; provided, however, that the Indemnified Party shall endeavour to mitigate the impact of such inaccuracy of any representation or warranty and minimise the damages, losses, penalties, expenses, costs, payments, injuries, causes of action and liabilities arising there from. In this case, the law shall not account for trifles or minor losses.

Appears in 1 contract

Samples: nginfra.indianoil.in

Time is Money Join Law Insider Premium to draft better contracts faster.