Common use of Indemnification Provisions for Benefit of Buyer Clause in Contracts

Indemnification Provisions for Benefit of Buyer. In the event that: (A) the Company or Seller breaches any of its or his representations, warranties, or covenants set forth herein, or a claim is made against Buyer; and (B) Buyer makes a written claim for indemnification against the Company and/or Seller, then the Company and the Seller shall jointly and severally indemnify, hold harmless and defend Buyer from and against any Adverse Consequences claimed of Buyer to the extent the same are alleged to be or have been caused by the breach,

Appears in 2 contracts

Samples: Agreement for the Purchase and Sale (Eworld Interactive, Inc.), Agreement for the Purchase and Sale

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Indemnification Provisions for Benefit of Buyer. In the event that: (A) the Company or Seller Sellers breaches any of its or his representations, warranties, or covenants set forth herein, or a claim is made against Buyer; and (B) Buyer makes a written claim for indemnification against the Company and/or SellerSellers, then the Company and the Seller Sellers shall jointly and severally indemnify, hold harmless and defend Buyer from and against any Adverse Consequences claimed of Buyer to the extent the same are alleged to be or have been caused by the breach,

Appears in 1 contract

Samples: Purchase and Sale of Common Stock (Valcom, Inc)

Indemnification Provisions for Benefit of Buyer. (i) In the event that: (A) the Company or any Seller breaches ( or in the event any third party alleges facts that, if true, would mean any Seller has breached) any of its or his representations, warranties, or and covenants set forth contained herein, or a claim is made against Buyer; and (B) Buyer makes a written claim for indemnification against the Company and/or Seller, then the Company and the Seller shall Sellers jointly and severally indemnify, hold harmless and defend agree to indemnify Buyer from and against the entirety of any Adverse Consequences claimed of Buyer to may suffer resulting from, arising out of, relating to, in the extent the same are alleged to be nature of, or have been caused by the breach (or the alleged breach,).

Appears in 1 contract

Samples: Asset Purchase Agreement (Atlas Corp)

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Indemnification Provisions for Benefit of Buyer. (i) In the event that: (A) the Company or Seller any of Sellers breaches any of its or his their representations, warranties, or and covenants set forth herein, or a claim is made against Buyer; and (B) Buyer makes a written claim for indemnification against the Company and/or Sellercontained in this Agreement, then the Company and the Seller shall jointly and severally indemnify, hold harmless and defend Sellers agrees to indemnify Buyer from and against the entirety of any Adverse Consequences claimed of Buyer to may suffer resulting from, arising out of, relating to, in the extent the same are alleged to be nature of, or have been caused by the breach,.

Appears in 1 contract

Samples: Stock Purchase Agreement (Argosy Education Group Inc)

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