Common use of Indemnification Obligation of Seller Clause in Contracts

Indemnification Obligation of Seller. (a) Seller agrees to indemnify and defend the Buyer and its Affiliates, agents, representatives and successors and assigns (collectively, the “Buyer Indemnitees”) in respect of, and save and hold each Buyer Indemnitee harmless against and pay on behalf of or reimburse each Buyer Indemnitee as and when incurred, any Losses which any Buyer Indemnitee incurs as a result of or arising out of:

Appears in 2 contracts

Samples: Disbursement Agreement (Blue Earth, Inc.), Asset Purchase Agreement (Blue Earth, Inc.)

AutoNDA by SimpleDocs

Indemnification Obligation of Seller. (a) The Seller hereby agrees to indemnify indemnify, defend and defend hold harmless each and all of the Buyer Purchaser Indemnitees (excluding the Company Group to the extent Seller exercises the Seller Lien upon the occurrence of a Purchaser Default) from and its Affiliates, agents, representatives and successors and assigns (collectively, the “Buyer Indemnitees”) in respect ofagainst, and save pay and hold each Buyer Indemnitee harmless against and pay on behalf of or reimburse each Buyer Indemnitee as and when incurredthe applicable Purchaser Indemnitees for, any and all Losses which any Buyer Indemnitee incurs as a result of actually suffered or arising out ofincurred by such Purchaser Indemnitees:

Appears in 1 contract

Samples: Securities Purchase Agreement (Ramaco Resources, Inc.)

Indemnification Obligation of Seller. (a) Seller agrees to shall indemnify and defend the Buyer and its Affiliates, agents, representatives and successors and permitted assigns (collectivelyeach a “Buyer Indemnitee” and, collectively the “Buyer Indemnitees”) in respect of, and save and hold each Buyer Indemnitee harmless against and pay on behalf of or reimburse each Buyer Indemnitee as and when incurred, any Losses which any Buyer Indemnitee incurs or any of its Affiliates or any of their respective officers, directors, employees, agents or representatives or their respective successors or assigns suffers, sustains or becomes subject to as a result of or arising out by virtue of, without duplication:

Appears in 1 contract

Samples: Asset Purchase Agreement (Azur Pharma Public LTD Co)

AutoNDA by SimpleDocs

Indemnification Obligation of Seller. (a) Seller agrees to shall indemnify Buyer, its Affiliates and defend the Buyer and its Affiliatestheir respective stockholders, officers, directors, employees, agents, representatives and successors and assigns (collectivelyeach a "Buyer Indemnitee" and, collectively the "Buyer Indemnitees") in respect of, and save and hold each Buyer Indemnitee harmless against and pay on behalf of or reimburse each Buyer Indemnitee as and when incurred, any Losses which any such Buyer Indemnitee incurs suffers, sustains or becomes subject to as a result of or arising out by virtue of, without duplication:

Appears in 1 contract

Samples: Asset Purchase and Assignment Agreement (Vernalis PLC)

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