Common use of Indemnification Obligations of Buyer Clause in Contracts

Indemnification Obligations of Buyer. Buyer shall indemnify and hold harmless each of the Seller Indemnified Parties from, against and in respect of any and all Losses arising out of: (a) any breach of any representation or warranty made by Buyer in Article V; and (b) any breach of any covenant, agreement or undertaking made by Buyer in this Agreement. The Losses of the Seller Indemnified Parties described in this Section 9.3 and the Losses of the Seller Indemnified Parties described in Section 9.4 hereof as to which the Seller Indemnified Parties are entitled to indemnification are collectively referred to as “Seller Losses.”

Appears in 3 contracts

Samples: Purchase Agreement (Basic Energy Services, Inc.), Purchase Agreement (Basic Energy Services, Inc.), Purchase Agreement (Ascribe Capital LLC)

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Indemnification Obligations of Buyer. Buyer shall indemnify and hold harmless each of the Seller Indemnified Parties from, against and in respect of any and all Losses arising out of: (a) any breach breach, or the failure to be true and correct, of any representation or warranty made by Buyer in Article V; and (b) any breach of any covenant, agreement or undertaking made by Buyer in this Agreement. The Losses of the Seller Indemnified Parties described in this Section 9.3 and the Losses of the Seller Indemnified Parties described in Section 9.4 hereof 10.2 as to which the Seller Indemnified Parties are entitled to indemnification are collectively referred to as “Seller Losses.

Appears in 1 contract

Samples: Stock Purchase Agreement (Trimble Navigation LTD /Ca/)

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Indemnification Obligations of Buyer. Buyer shall indemnify and hold harmless each of the Seller Indemnified Parties from, against and in respect of any and all Losses arising out of: (a) any breach of any representation or warranty made by Buyer in Article V; and (b) any breach of any covenant, agreement or undertaking made by Buyer in this Agreement. The Losses of the Seller Indemnified Parties described in this Section 9.3 and the Losses of the Seller Indemnified Parties described in Section 9.4 hereof 10.2 as to which the Seller Indemnified Parties are entitled to indemnification are collectively referred to as “Seller Losses.”

Appears in 1 contract

Samples: Stock Purchase Agreement (XPO Logistics, Inc.)

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