Common use of Indemnification of Purchaser and Its Affiliates Clause in Contracts

Indemnification of Purchaser and Its Affiliates. The Sellers, jointly and severally, shall indemnify the Purchaser Indemnitees against, and agree to hold the Purchaser Indemnitees harmless from, any and all Damages incurred or suffered by any Purchaser Indemnitee arising out of, with respect to or incident to the operation of, or any breach of any covenant or agreement pursuant to, this ARTICLE X or the designation, appointment and actions of the Sellers’ Committee pursuant to the provisions hereof, including without limitation, with respect to (a) actions taken by the Sellers’ Committee or any member thereof; and (b) reliance by any Purchaser Indemnitee on, and actions taken by any Purchaser Indemnitee in response to or in reliance on, the instructions of, notice given by or any other action taken by the Sellers’ Committee.

Appears in 2 contracts

Samples: Equity Purchase Agreement (Craft Brewers Alliance, Inc.), Equity Purchase Agreement (Anheuser-Busch Companies, Inc.)

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Indemnification of Purchaser and Its Affiliates. The SellersStockholders, jointly and severally, shall indemnify the Purchaser Indemnitees against, and agree to hold the Purchaser Indemnitees harmless from, any and all Damages incurred or suffered by any Purchaser Indemnitee arising out of, with respect to or incident to the operation of, or any breach of any covenant or agreement pursuant to, this ARTICLE X Article 9, or the designation, appointment and actions of the Sellers’ Stockholders' Committee pursuant to the provisions hereof, including without limitation, with respect to (ax) actions taken by the Sellers’ Stockholders' Committee or any member thereof; , and (by) reliance by any Purchaser Indemnitee on, and actions taken by any Purchaser Indemnitee in response to or in reliance on, the instructions of, notice given by or any other action taken by the Sellers’ Stockholders' Committee.

Appears in 1 contract

Samples: Stock Purchase Agreement (Walter Industries Inc /New/)

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Indemnification of Purchaser and Its Affiliates. The SellersPrincipal Stockholders, jointly and severally, shall indemnify the Purchaser Indemnitees against, and agree to hold the Purchaser Indemnitees harmless from, any and all Damages incurred or suffered by any Purchaser Indemnitee arising out of, with respect to or incident to the operation of, or any breach of any covenant or agreement pursuant to, this ARTICLE X XI, or the designation, appointment and actions of the Sellers’ Stockholders' Committee pursuant to the provisions hereof, including without limitation, with respect to (a) actions taken by the Sellers’ Stockholders' Committee or any member thereof; and (b) reliance by any Purchaser Indemnitee on, and actions taken by any Purchaser Indemnitee in response to or in reliance on, the instructions of, notice given by or any other action taken by the Sellers’ Stockholders' Committee.

Appears in 1 contract

Samples: Merger Agreement (Wellcare Group Inc)

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