Common use of Indemnification of Brokerage Clause in Contracts

Indemnification of Brokerage. Each of the Sellers represents and warrants to the Buyer that no broker, finder, agent or similar intermediary (a "Broker") has acted on behalf of the Company or the Sellers in connection with this Agreement or the Contemplated Transactions, and that there are no brokerage commissions, finder's fees or similar fees or commissions payable in connection therewith based on any agreement, arrangement or understanding with the Company or the Sellers, or any action taken by the Company or the Sellers. Each of the Sellers agrees to indemnify and hold harmless the Buyer from any Claim or demand for commission or other compensation by any Broker claiming to have been employed by or on behalf of the Company or a Seller, and to bear the cost of legal expenses incurred in defending against any such claim. The Buyer represents and warrants to the Sellers that no Broker has acted on behalf of the Buyer in connection with this Agreement or the Contemplated Transactions, and that there are no brokerage commissions, finders' fees or similar fees or commissions payable in connection therewith based on any agreement, arrangement or understanding with the Buyer, or any action taken by the Buyer. The Buyer agrees to indemnify and hold harmless the Sellers from any Claim or demand for commission or other compensation by any Broker claiming to have been employed by or on behalf of the Buyer, and to bear the cost of legal expenses incurred in defending against any such claim.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Amn Healthcare Services Inc), Stock Purchase Agreement (Amn Healthcare Services Inc)

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Indemnification of Brokerage. Each of the Sellers represents and warrants to the Buyer that no broker, finder, agent or similar intermediary (a "Broker") has acted on behalf of the Company or the Sellers in connection with this Agreement or the Contemplated Transactions, and that there are no brokerage commissions, finder's fees or similar fees or commissions payable in connection therewith based on any agreement, arrangement or understanding with the Company or 28 23 the Sellers, or any action taken by the Company or the Sellers. Each of the Sellers agrees to indemnify and hold harmless the Buyer from any Claim or demand for commission or other compensation by any Broker claiming to have been employed by or on behalf of the Company or a SellerSellers, and to bear the cost of legal expenses incurred in defending against any such claim. The Buyer represents and warrants to the Sellers that no Broker has acted on behalf of the Buyer in connection with this Agreement or the Contemplated Transactions, and that there are no brokerage commissions, finders' fees or similar fees or commissions payable in connection therewith based on any agreement, arrangement or understanding with the Buyer, or any action taken by the Buyer. The Buyer agrees to indemnify and hold harmless the Sellers from any Claim or demand for commission or other compensation by any Broker claiming to have been employed by or on behalf of the Buyer, and to bear the cost of legal expenses incurred in defending against any such claim.

Appears in 1 contract

Samples: Stock Purchase Agreement (Amn Healthcare Services Inc)

Indemnification of Brokerage. Each of the Sellers The Purchaser represents and warrants to the Buyer Seller that no broker, finder, agent or similar intermediary (a "Broker") has acted on its behalf of the Company or the Sellers in connection with this Agreement or the Contemplated Transactionstransactions contemplated hereby, and that there are no brokerage commissions, finder's finders, fees or similar fees or commissions payable in connection therewith based on any agreement, arrangement or understanding with the Company or the Sellers, Purchaser or any action taken by the Company or the Sellers. Each of the Sellers agrees to indemnify and hold harmless the Buyer from any Claim or demand for commission or other compensation by any Broker claiming to have been employed by or on behalf of the Company or a Seller, and to bear the cost of legal expenses incurred in defending against any such claimPurchaser. The Buyer Seller represents and warrants to the Sellers Purchaser that no Broker broker, finder, agent or similar intermediary has acted on behalf of the Buyer Seller in connection with this Agreement or the Contemplated Transactionstransactions contemplated hereby, and that there are no brokerage commissions, finders' , fees or similar fees or commissions payable in connection therewith based on any agreement, arrangement or understanding with the BuyerSeller, or any action taken by the BuyerSeller. The Buyer Each of the Purchaser, on the one hand, and the Seller on the other, agrees to indemnify and hold save the other harmless the Sellers from any Claim claim or demand for commission commissions or other compensation by any Broker broker, finder, agent or similar intermediary claiming to have been employed by or on behalf of the BuyerPurchaser, on the one hand, or the Seller, on the other, and to bear the cost of legal expenses incurred in defending against any such claim.

Appears in 1 contract

Samples: Stock Purchase and Redemption Agreement (Owosso Corp)

Indemnification of Brokerage. Each of the Sellers The Seller represents and warrants to the Buyer that no broker, finder, agent or similar intermediary (a "Broker") has acted on behalf of the Company or the Sellers Seller in connection with this Agreement or the Contemplated Transactions, and that there are no brokerage commissions, finder's fees or similar fees or commissions payable in connection therewith based on any agreement, arrangement or understanding with the Company or the SellersSeller, or any action taken by the Company or the SellersCompany. Each of the Sellers The Seller agrees to indemnify and hold harmless the Buyer from any Claim or demand for commission or other compensation by any Broker claiming to have been employed by or on behalf of the Company or a the Seller, and to bear the cost of legal expenses incurred in defending against any such claim. The Buyer represents and warrants to the Sellers Seller that no Broker has acted on behalf of the Buyer in connection with this Agreement or the Contemplated Transactions, and that there are no brokerage commissions, finders' fees or similar fees or commissions payable in connection therewith based on any agreement, arrangement or understanding with the Buyer, or any action taken by the Buyer. The Buyer agrees to indemnify and hold harmless the Sellers Seller from any Claim or demand for commission or other compensation by any Broker claiming to have been employed by or on behalf of the Buyer, and to bear the cost of legal expenses incurred in defending against any such claim.

Appears in 1 contract

Samples: Stock Purchase Agreement (Amn Healthcare Services Inc)

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Indemnification of Brokerage. Each of the Sellers (a) The Seller represents and warrants to the Buyer that except as set forth on Schedule 6.4 no broker, finder, agent or similar intermediary (a "Broker") Broker has acted on behalf of the Company or the Sellers Seller in connection with this Agreement or the Contemplated Transactions, and that there are no brokerage commissions, finder's fees or similar fees or commissions payable in connection therewith based on any agreement, arrangement or understanding with the Company or the SellersSeller, or any action taken by the Company or the SellersSeller. Each of the Sellers The Seller agrees to indemnify and hold harmless the Buyer from any Claim claim or demand for commission or other compensation by any Broker claiming to have been employed by or on behalf of the Company or a Seller, and to bear the cost of legal expenses incurred in defending against any such claim. . (b) The Buyer represents and warrants to the Sellers Seller that no Broker has acted on behalf of the Buyer in connection with this Agreement or the Contemplated Transactions, and that there are no brokerage commissions, finders' fees or similar fees or commissions payable in connection therewith based on any agreement, arrangement or understanding with the Buyer, or any action taken by the Buyer. The Buyer agrees to indemnify and hold harmless the Sellers Seller from any Claim claim or demand for commission or other compensation by any Broker claiming to have been employed by or on behalf of the Buyer, and to bear the cost of legal expenses incurred in defending against any such claim.

Appears in 1 contract

Samples: Asset Purchase Agreement (Big Smith Brands Inc)

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