Common use of Indemnification of the Sellers Clause in Contracts

Indemnification of the Sellers. The Buyer hereby agrees to ------------------------------ indemnify and hold harmless each of the Sellers, any trustee of any Seller in his or her capacity as trustee and any beneficiary or trustee of any Seller in his or her capacity as such, and their respective successors, assigns, agents and Affiliates (collectively, the "Seller Indemnitees") against all Losses ------------------ actually incurred as a result of, or attributable to (i) any inaccuracy in, or breach of, any representation, warranty, covenant or agreement made by the Buyer in this Agreement or (ii) by reason of any act or failure to act by the Buyer, its Affiliates its successors or assigns or, after the Closing Date, by the Company or any Subsidiary, in connection with the ownership of the Company or any Subsidiary or the operation of the Business after the Closing Date; provided -------- that in no event shall the Buyer be liable for loss of profits or consequential damages.

Appears in 2 contracts

Samples: Share Purchase Agreement (United Rentals Inc /De), Share Purchase Agreement (United Rentals Inc /De)

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Indemnification of the Sellers. The Buyer hereby agrees to ------------------------------ indemnify and hold harmless each of the Sellers, any trustee of any Seller in his or her capacity as trustee and any beneficiary or trustee of any Seller in his or her capacity as such, and their respective successors, assigns, agents and Affiliates (collectively, the "Seller Indemnitees") against all Losses ------------------ actually incurred as ------------------ a result of, or attributable to (i) any inaccuracy in, or breach of, any representation, warranty, covenant or agreement made by the Buyer in this Agreement or (ii) by reason of any act or failure to act by the Buyer, its Affiliates its successors or assigns or, after the Closing Date, by the Company or any Subsidiary, in connection with the ownership of the Company or any Subsidiary or the operation of the Business after the Closing Date; provided -------- that in no event shall the Buyer be liable for loss of profits or consequential damages.

Appears in 1 contract

Samples: Share Purchase Agreement (United Rentals Inc /De)

Indemnification of the Sellers. The Buyer hereby agrees to ---- ------------------------------ indemnify and hold harmless each of the Sellers, any trustee of any Seller in his or her capacity as trustee and any beneficiary or trustee of any Seller in his or her capacity as such, and their respective successors, assigns, agents and Affiliates (collectively, the "Seller Indemnitees") against all Losses ------------------ actually incurred as a result of, or attributable to (i) any inaccuracy in, or breach of, any representation, warranty, covenant or agreement made by the Buyer in this Agreement or (ii) by reason of any act or failure to act by the Buyer, its Affiliates its successors or assigns or, after the Closing Date, by the Company or any Subsidiary, in connection with the ownership of the Company or any Subsidiary or the operation of the Business after the Closing Date; provided -------- that in no event shall the Buyer be liable for loss of profits or -------- consequential damages.

Appears in 1 contract

Samples: Share Purchase Agreement (United Rentals North America Inc)

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Indemnification of the Sellers. The Buyer hereby agrees to ------------------------------ indemnify and hold harmless each of the Sellers, any trustee of any Seller in his or her capacity as trustee and any beneficiary or trustee of any Seller in his or her capacity as such, and their respective successors, assigns, agents and Affiliates (collectively, the "Seller Indemnitees") ------------------ against all Losses ------------------ actually incurred as a result of, or attributable to (i) any inaccuracy in, or breach of, any representation, warranty, covenant or agreement made by the Buyer in this Agreement or (ii) by reason of any act or failure to act by the Buyer, its Affiliates its successors or assigns or, after the Closing Date, by the Company or any Subsidiary, in connection with the ownership of the Company or any Subsidiary or the operation of the Business after the Closing Date; provided -------- that in no event -------- shall the Buyer be liable for loss of profits or consequential damages.

Appears in 1 contract

Samples: Share Purchase Agreement (United Rentals North America Inc)

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