Indemnification; Expenses. In consideration of its acceptance of the appointment as the Escrow Agent, InSite, Newco and the Stockholders, jointly and severally, agree to indemnify and hold the Escrow Agent harmless as to any liability incurred by it to any person, firm or corporation by reason of its having accepted the same or in carrying out in good faith any of the terms hereof, and to reimburse Escrow Agent for all its reasonable expenses, including, among other things, counsel fees and court costs, incurred by reason of its position hereunder or actions taken pursuant hereto.
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Samples: Merger Agreement (Bizness Online Com), Agreement and Plan of Merger and Reorganization (Bizness Online Com), Merger Agreement (Bizness Online Com)
Indemnification; Expenses. In consideration of its acceptance of the appointment as the Escrow Agent, InSite, Newco InSite and the Stockholders, jointly and severally, agree to indemnify and hold the Escrow Agent harmless as to any liability incurred by it to any person, firm or corporation by reason of its having accepted the same or in carrying out in good faith any of the terms hereof, and to reimburse Escrow Agent for all its reasonable expenses, including, among other things, counsel fees and court costs, incurred by reason of its position hereunder or actions taken pursuant hereto.
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