Common use of Indemnification of Holding Co and Shareholders Clause in Contracts

Indemnification of Holding Co and Shareholders. (a) Public Company shall, from and after the Closing, indemnify, defend and hold harmless the Shareholders, Holding Co, and Holding Co's officers, directors, Affiliates or agents, and any other Person acting on its behalf (the "Holding Co Indemnified Parties") against all losses, claims, damages, costs, expenses (including reasonable attorneys' fees and expenses), liabilities or judgments or amounts that are paid in settlement with the approval of the indemnifying party (the "Holding Co Indemnified Liabilities") based on, or arising out of, or pertaining to this Agreement or the transactions contemplated hereby, in each case, to the fullest extent permitted under the laws of the State of Nevada.

Indemnification of Holding Co and Shareholders. (a) Public Company shall, from and after the Closing, indemnify, defend and hold harmless the Shareholders, Holding Co, and Holding Co's officers, directors, Affiliates or agents, and any other Person acting on its behalf (the "Holding Co Indemnified PartiesHOLDING CO INDEMNIFIED PARTIES") against all losses, claims, damages, costs, expenses (including reasonable attorneys' fees and expenses), liabilities or judgments or amounts that are paid in settlement with the approval of the indemnifying party (the "Holding Co Indemnified LiabilitiesHOLDING CO INDEMNIFIED LIABILITIES") based on, or arising out of, any breach of Public Company's representations, warranties, covenants or pertaining to other obligations contained in this Agreement or the transactions contemplated herebyby Public Company , in each case, to the fullest extent permitted under the laws of the State of NevadaDelaware.

Indemnification of Holding Co and Shareholders. (a) Public Company shall, from and after the Closing, indemnify, defend and hold harmless the Shareholders, Holding Co, and Holding Co's ’s officers, directors, Affiliates or agents, and any other Person acting on its behalf (the "“Holding Co Indemnified Parties"”) against all losses, claims, damages, costs, expenses (including reasonable attorneys' ’ fees and expenses), liabilities or judgments or amounts that are paid in settlement with the approval of the indemnifying party (the "“Holding Co Indemnified Liabilities"”) based on, or arising out of, or pertaining to this Agreement or the transactions contemplated hereby, in each case, to the fullest extent permitted under the laws of the State of NevadaDelaware.