Common use of Indemnification Obligations of Purchaser Clause in Contracts

Indemnification Obligations of Purchaser. Notwithstanding the Closing, Purchaser covenants and agrees to indemnify, defend and hold the Company and its Affiliates, directors, managers, officers, employees, equityholders, successors and assigns (collectively, the “Seller Indemnitees”) harmless from and against all Damages sustained or incurred by any Seller Indemnitee arising from or related to: (a) any inaccuracy in or breach of any of Purchaser’s representations and warranties in this Agreement; (b) any breach by Purchaser of, or failure by Purchaser to comply with, any of its covenants or obligations under this Agreement; or (c) any Assumed Liability.

Appears in 4 contracts

Samples: Asset Purchase Agreement (Entropic Communications Inc), Asset Purchase Agreement (Entropic Communications Inc), Asset Purchase Agreement (Trident Microsystems Inc)

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Indemnification Obligations of Purchaser. Notwithstanding the Closing, Purchaser covenants and agrees to indemnify, defend and hold the Company Seller and its Affiliates, directors, managers, officers, employees, equityholders, successors and assigns (collectively, the “Seller Indemnitees”) harmless from and against all Damages sustained or incurred by any Seller Indemnitee arising from or related to: (a) any inaccuracy in or breach of any of Purchaser’s 's representations and warranties in this Agreement; (b) any breach by Purchaser of, or failure by Purchaser to comply with, any of its covenants or obligations under this Agreement; or (c) any Assumed Liability.

Appears in 1 contract

Samples: Asset Purchase Agreement (Sigma Designs Inc)

Indemnification Obligations of Purchaser. Notwithstanding the Closing, Purchaser covenants and agrees to indemnify, defend and hold the Company and its Affiliates, directors, managers, officers, employees, equityholders, successors and assigns (collectively, the “Seller Indemnitees”) harmless from and against all Damages sustained or incurred by any Seller Indemnitee arising from or related to: (a) any inaccuracy in or breach of any of Purchaser’s representations and warranties in this Agreement; (b) any breach by Purchaser of, or failure by Purchaser to comply with, any of its covenants or obligations under this Agreement; or (c) any Assumed Liability.

Appears in 1 contract

Samples: Asset Purchase Agreement

Indemnification Obligations of Purchaser. Notwithstanding the Closing, Purchaser covenants and agrees to indemnify, defend and hold the Company Seller and its Affiliates, directors, managers, officers, employees, equityholders, successors and assigns (collectively, the “Seller Indemnitees”) harmless from and against all Damages sustained or incurred by any Seller Indemnitee arising from or related to: (a) any inaccuracy in or breach of any of Purchaser’s representations and warranties in this Agreement; (b) any breach by Purchaser of, or failure by Purchaser to comply with, any of its covenants or obligations under this Agreement; or (c) any Assumed Liability.

Appears in 1 contract

Samples: Asset Purchase Agreement (Sigma Designs Inc)

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Indemnification Obligations of Purchaser. Notwithstanding the Closing, Purchaser covenants and agrees to indemnify, defend and hold the Company and its Affiliates, directors, managers, officers, employees, equityholdersSubsidiaries, successors and permitted assigns (collectivelythe “Seller Indemnitees,” and, together with the Purchaser Indemnitees, the “Seller Indemnitees”) harmless from and against all Damages sustained or incurred by any Seller Indemnitee arising from or related to: (a) any inaccuracy in or breach of any of Purchaser’s representations and warranties in this Agreement;; or (b) any breach by Purchaser of, or failure by Purchaser to comply with, any of its covenants or obligations under this Agreement; or (c) any Assumed Liability, including without limitation, the Empire Side Letter.

Appears in 1 contract

Samples: Purchase Agreement (Leucadia National Corp)

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