Common use of Indemnification of Seller Indemnified Parties Clause in Contracts

Indemnification of Seller Indemnified Parties. Subject to this Section 5.2 from and after the Closing Date, Buyer shall indemnify, defend and hold harmless Seller (collectively "Seller Indemnified Parties") in respect of, and Seller Indemnified Parties shall be entitled to payment and reimbursement from Buyer and its respective successors and assigns (collectively the "Buyer Indemnifying Parties") of the amount of all Losses suffered, incurred or paid by any Seller Indemnified Party by reason of, in whole or in part, or arising -27- from, in whole or in part, (a) any breach by Buyer of any covenant, agreement or obligation of Buyer in this Agreement, and (b) any misrepresentation or inaccuracy in, or breach of any, representation or warranty contained in Article 4 or in any certificate of Buyer delivered pursuant to Article 6. 5.2.3

Appears in 1 contract

Samples: Execution Version Stock Purchase Agreement

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Indemnification of Seller Indemnified Parties. Subject to this Section 5.2 6.3 from and after the Closing Date, Buyer shall indemnify, defend and hold harmless Seller Sellers (collectively "Seller Indemnified Parties") in respect of, and Seller Indemnified Parties shall be entitled to payment and reimbursement from Buyer and its respective successors and assigns (collectively the "Buyer Indemnifying Parties") of the amount of all Losses suffered, incurred or paid by any Seller Indemnified Party by reason of, in whole or in part, or arising -27- from, in whole or in part, (a) any breach by Buyer of any covenant, agreement or obligation of Buyer in this AgreementAgreement to be performed after the Closing, and (b) any misrepresentation or inaccuracy in, or breach of any, representation or warranty contained in Article 4 or in any certificate of Buyer delivered pursuant to Article 6. 5.2.37.

Appears in 1 contract

Samples: Membership Purchase Agreement (Vse Corp)

Indemnification of Seller Indemnified Parties. Subject to this Section 5.2 from and after the Closing Date, Buyer shall indemnify, defend and hold harmless Seller (collectively "Seller Indemnified Parties") in respect of, and Seller Indemnified Parties shall be entitled to payment and reimbursement from Buyer and its respective successors and assigns (collectively the "Buyer Indemnifying Parties") of the amount of all Losses suffered, incurred or paid by any Seller Indemnified Party by reason of, in whole or in part, or arising -27- from, in whole or in part, (a) any breach by Buyer of any covenant, agreement or obligation of Buyer in this Agreement, and (b) any misrepresentation or inaccuracy in, or breach of any, representation or warranty contained in Article 4 or in any certificate of Buyer delivered pursuant to Article 6. 5.2.3.

Appears in 1 contract

Samples: Stock Purchase Agreement (Vse Corp)

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Indemnification of Seller Indemnified Parties. Subject to this Section 5.2 6.3 from and after the Closing Date, Buyer shall indemnify, defend and hold harmless each Seller (collectively "Seller Indemnified Parties") in respect of, and Seller Indemnified Parties shall be entitled to payment and reimbursement from Buyer and its respective successors and assigns (collectively the "Buyer Indemnifying Parties") of the amount of of, all Losses suffered, incurred or paid by any Seller Indemnified Party by reason of, in whole or in part, or arising -27- from, in whole or in part, (a) any breach by Buyer of any covenant, agreement or obligation of Buyer in this Agreement, Agreement to be performed after the Closing and (b) any misrepresentation or inaccuracy in, or breach of any, representation or warranty contained in Article 4 Section 4.2 or in any the certificate of Buyer delivered pursuant to Article 6. 5.2.3Section 7.3.1.

Appears in 1 contract

Samples: Share Purchase Agreement (Vse Corp)

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