Common use of Indemnification of Buyer and Seller Clause in Contracts

Indemnification of Buyer and Seller. From and after the Closing and subject to the provisions of this Article VII, (i) Seller agrees to indemnify and hold harmless the Buyer Indemnified Parties from and against any and all Buyer Indemnified Costs and (ii) Buyer agrees to indemnify and hold harmless the Seller Indemnified Parties from and against any and all Seller Indemnified Costs. For the avoidance of doubt, the foregoing indemnification is intended to be in addition to and not in limitation of any indemnification to which the Parties may be entitled under the Ancillary Documents.

Appears in 2 contracts

Samples: Asset Purchase Agreement, Asset Purchase Agreement (Delek Logistics Partners, LP)

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Indemnification of Buyer and Seller. From and after the Closing and subject to the provisions of this Article VII, (i) the Seller agrees to indemnify and hold harmless the Buyer Indemnified Parties from and against any and all Buyer Indemnified Costs and (ii) Buyer agrees to indemnify and hold harmless the Seller Indemnified Parties from and against any and all Seller Indemnified Costs. For the avoidance of doubt, the foregoing indemnification is intended to be in addition to and not in limitation of any indemnification to which the Parties may be entitled under the Ancillary Documents.. 7.2

Appears in 1 contract

Samples: Asset Purchase Agreement

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Indemnification of Buyer and Seller. From and after the Closing and subject to the provisions of this Article VII, (i) the Seller agrees to indemnify and hold harmless the Buyer Indemnified Parties from and against any and all Buyer Indemnified Costs and (ii) Buyer agrees to indemnify and hold harmless the Seller Indemnified Parties from and against any and all Seller Indemnified Costs. For the avoidance of doubt, the foregoing indemnification is intended to be in addition to and not in limitation of any indemnification to which the Parties may be entitled under the Ancillary Documents.

Appears in 1 contract

Samples: Asset Purchase Agreement (Delek Logistics Partners, LP)

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