Common use of Indemnification of Seller by Purchaser Clause in Contracts

Indemnification of Seller by Purchaser. Purchaser agrees to indemnify and hold Seller, its affiliates and its officers, directors, employees and permitted assigns harmless of and from any and every claim, demand, proceeding and suit, and from every liability, loss, damage, cost, charge and expense (including, without limitation, any actions or expenditures required by Requirements of Law, operating regulations of National Associations or card agreements to correct deficiencies related to the Accounts to be Sold (but in no event with respect to credit losses related to the Accounts to be Sold unless otherwise provided in this Agreement)) or any other liability of every nature, kind and description whatsoever whether or not material, liquidated, contingent or prospective in nature, exclusive of Excluded Damages, by reason of or resulting from or arising out of:

Appears in 4 contracts

Samples: Account Purchase Agreement, Credit Card Account Purchase Agreement (Columbia Bancorp \Or\), Credit Card Account Purchase Agreement (Park National Corp /Oh/)

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