Common use of Indemnification of Medtronic Clause in Contracts

Indemnification of Medtronic. (a) The Company shall indemnify, defend and hold harmless Medtronic and its parent, Affiliates, subsidiaries, officers, directors, employees, agents and shareholders (collectively the "Medtronic Indemnified Parties") from and against and in respect of any and all demands, claims, actions or causes of action, assessments, losses, damages, liabilities, interest and penalties, costs and expenses (including, without limitation, reasonable legal fees and disbursements incurred in connection therewith and in seeking indemnification therefor, and any amounts or expenses required to be paid or incurred in connection with any action, suit, proceeding, claim, appeal, demand, assessment, penalty, fine or judgment) ("Indemnifiable Losses"), resulting from, arising out of, or imposed upon or incurred by any person to be indemnified hereunder by reason of any breach of any representation, warranty, covenant or agreement of the Company contained in this Agreement or any agreement, certificate or document executed and delivered by the Company pursuant hereto or in connection with any of the transactions contemplated by this Agreement.

Appears in 1 contract

Samples: Investment Agreement (Advanced Tissue Sciences Inc)

AutoNDA by SimpleDocs

Indemnification of Medtronic. (a) The Company shall indemnify, defend and hold harmless Medtronic and each of its parent, Affiliates, subsidiaries, officers, directors, employees, agents directors and shareholders stockholders (collectively the Medtronic and such other indemnitees referred to in this Article VII as "Medtronic Indemnified PartiesMedtronic") from and against and in respect of any and all demands, claims, actions or causes of action, assessments, losses, damages, liabilities, interest and penalties, costs and expenses (including, without limitation, reasonable legal fees and disbursements incurred in connection therewith and in seeking indemnification therefor, and any amounts or expenses required to be paid or incurred in connection with any action, suit, proceeding, claim, appeal, demand, assessment, penalty, fine assessment or judgment) ("Indemnifiable Losses"), resulting from, arising out of, or imposed upon or incurred by any person to be indemnified hereunder by reason of any breach of any representation, warranty, covenant or agreement of the Company contained in this Agreement or any agreement, certificate or document executed and delivered by the Company pursuant hereto or in connection with any of the transactions contemplated by this Agreement.

Appears in 1 contract

Samples: Stock Purchase Agreement (Endocardial Solutions Inc)

Indemnification of Medtronic. (a) The Company shall indemnify, defend and hold harmless Medtronic and each of its parent, Affiliates, subsidiaries, officers, directors, employees, agents directors and shareholders stockholders (collectively the Medtronic and such other indemnities referred to in this Article 7 as "Medtronic Indemnified PartiesMedtronic") from and against and in respect of any and all demands, claims, actions or causes of action, assessments, losses, damages, liabilities, interest and penalties, costs and expenses (including, without limitation, reasonable legal fees and disbursements incurred in connection therewith and in seeking indemnification therefor, and any amounts or expenses required to be paid or incurred in connection with any action, suit, proceeding, claim, appeal, demand, assessment, penalty, fine assessment or judgment) ("Indemnifiable Losses"), resulting from, arising out of, or imposed upon or incurred by any person to be indemnified hereunder by reason of any breach of any representation, warranty, covenant or agreement of the Company contained in this Agreement or any agreement, certificate or document executed and delivered by the Company pursuant hereto or in connection with any of the transactions contemplated by this Agreement.

Appears in 1 contract

Samples: Note Purchase Agreement (Ep Medsystems Inc)

AutoNDA by SimpleDocs

Indemnification of Medtronic. (a) The Company shall indemnify, defend and hold harmless Medtronic and each of its parent, Affiliates, subsidiaries, officers, directors, employees, agents directors and shareholders stockholders (collectively the Medtronic and such other indemnitees referred to in this Article VIII as "Medtronic Indemnified PartiesMedtronic") from and against and in respect of any and all demands, claims, actions or causes of action, assessments, losses, damages, liabilities, interest and penalties, costs and expenses (including, without limitation, reasonable legal fees and disbursements incurred in connection therewith and in seeking indemnification therefor, and any amounts or expenses required to be paid or incurred in connection with any action, suit, proceeding, claim, appeal, demand, assessment, penalty, fine assessment or judgment) ("Indemnifiable Losses"), resulting from, arising out of, or imposed upon or incurred by any person to be indemnified hereunder by reason of any breach of any representation, warranty, covenant or agreement of the Company contained in this Agreement or any agreement, certificate or document executed and delivered by the Company pursuant hereto or in connection with any of the transactions contemplated by this Agreement.

Appears in 1 contract

Samples: Note Purchase Agreement (Endocardial Solutions Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.