Common use of Indemnification of the Corporation Clause in Contracts

Indemnification of the Corporation. Purchaser acknowledges that he, she or it understands the meaning and legal consequences of the representations, warranties and covenants contained in Section 4.2 hereof, and hereby agrees to indemnify and hold harmless the Corporation and its Subsidiaries, and each of its and its Subsidiaries’ directors, officers, employees, agents and affiliates, from and against any and all loss, damage or liability due to or arising out of a breach of any representation or warranty of the Purchaser contained in this Agreement.

Appears in 2 contracts

Samples: Stock Purchase Agreement (GTCR Fund Ix/B L P), Stock Purchase Agreement (Privatebancorp, Inc)

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Indemnification of the Corporation. Purchaser acknowledges that he, she or it understands the meaning and legal consequences of the representations, representations and warranties and covenants contained in Section 4.2 hereof, and hereby agrees to indemnify and hold harmless the Corporation and its Subsidiaries, and each of its and its Subsidiaries’ directors, officers, employees, agents and affiliates, from and against any and all loss, damage or liability due to or arising out of a breach of any representation or warranty of the Purchaser contained in Section 4.2 of this Agreement.

Appears in 1 contract

Samples: Stock Purchase Agreement (Privatebancorp, Inc)

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Indemnification of the Corporation. Each Purchaser acknowledges that he, she or it understands the meaning and legal consequences of the representations, representations and warranties and covenants contained in Section 4.2 hereof, and hereby agrees to indemnify and hold harmless the Corporation and its Subsidiaries, and each of its and its Subsidiaries’ directors, officers, employees, agents and affiliates, from and against any and all loss, damage or liability due to or arising out of a breach of any representation or warranty of the Purchaser contained in Section 4.2 of this Agreement.

Appears in 1 contract

Samples: Stock Purchase Agreement (Privatebancorp, Inc)

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