Common use of Indemnification of Purchaser Indemnitees Clause in Contracts

Indemnification of Purchaser Indemnitees. The Company shall indemnify, defend and hold the Purchaser and its respective officers, directors, partners, managing directors, affiliates, employees, agents, consultants, representatives, successors and assigns (each a "Purchaser Indemnitee") harmless from and against all Losses (as hereinafter defined) incurred or suffered by a Purchaser Indemnitee arising out of, relating to or resulting from (i) any breach of any of the representations or warranties made by the Company in this Agreement or in any of the other Transaction Documents or (ii) any breach of any of the covenants or agreements made by the Company in this Agreement or in any of the other Transaction Documents. Such right of indemnification shall be in addition to and not in lieu of any and all other rights and remedies available to the Purchaser at law or in equity.

Appears in 3 contracts

Samples: Common Stock Purchase Agreement (Trans Industries Inc), Common Stock Purchase Agreement (Trans Industries Inc), Common Stock Purchase Agreement (Trans Industries Inc)

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Indemnification of Purchaser Indemnitees. The Company shall indemnify, defend and hold the each Purchaser and its each of their respective heirs, beneficiaries, officers, directors, partners, managing directors, affiliates, employees, agents, consultants, representatives, successors and assigns (each a "Purchaser Indemnitee") harmless from and against all Losses (as hereinafter defined) incurred or suffered by a Purchaser Indemnitee arising out of, relating to or resulting from (i) any breach of any of the representations or warranties made by the Company in this Agreement or in any of the other Transaction Documents or (ii) any breach of any of the covenants or agreements made by the Company in this Agreement or in any of the other Transaction Documents. Such right of indemnification shall be in addition to and not in lieu of any and all other rights and remedies available to the Purchaser Purchasers at law or in equity.

Appears in 1 contract

Samples: Convertible Preferred Stock and Warrant Purchase Agreement (Trans Industries Inc)

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Indemnification of Purchaser Indemnitees. The Company shall indemnify, defend and hold the each Purchaser and its each of their respective heirs, beneficiaries, officers, directors, partners, managing directors, affiliates, employees, agents, consultants, representatives, successors and assigns (each a "Purchaser Indemnitee") harmless from and against all Losses (as hereinafter defined) incurred or suffered by a Purchaser Indemnitee arising out of, relating to or resulting from (i) any breach of any of the representations or warranties made by the Company in this Agreement or in any of the other Transaction Documents or (ii) any breach of any of the covenants or agreements made by the Company in this Agreement or in any of the other Transaction Documents. Such right of indemnification shall be in addition to and not in lieu of any and all other rights and remedies available to the Purchaser Purchasers at law or in equity.

Appears in 1 contract

Samples: Series B Convertible Preferred Stock and Warrant Purchase Agreement (Trans Industries Inc)

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