Common use of Indemnification of the Company by Shareholders Clause in Contracts

Indemnification of the Company by Shareholders. Subject to the limitations set forth in Section 7(c), after the Effective Date, Shareholders, jointly and severally, will indemnify HK and its affiliates, officers, directors, employees, agents, representatives, successors and assigns and, to the extent Parent is not made whole, Parent (each, an "Indemnitee") and hold each Indemnitee harmless from and against any loss, liability, deficiency, damage or expense (including reasonable legal expenses and costs and any cost or expense arising from or incurred in connection with any action, suit, proceeding, claim or judgement relating solely to any matter described in this Section 7(b), or in enforcing the indemnity provided by this Section 7(b)) (any such amount being a "Loss"), which such Indemnitee may suffer, sustain or become subject to, as a result of any breach by (i) the