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

Indemnification Provisions for Benefit of Seller. In the event Buyer breaches any of its representations, warranties, or covenants contained herein, it shall so notify Seller and provided that Seller makes a written claim for indemnification against Buyer pursuant to Section 10 below within such survival period, then buyer agrees to indemnify Seller from and against the entirety of any Adverse Consequences Seller shall suffer through and after the date of the claim for indemnification caused by the breach.

Appears in 5 contracts

Samples: Stock and Warrant Purchase Agreement (Hyperfeed Technologies Inc), Stock and Warrant Purchase Agreement (Pc Quote Inc), Stock and Warrant Purchase Agreement (Pc Quote Inc)

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Indemnification Provisions for Benefit of Seller. In the event Buyer breaches any of its representations, warranties, or warranties and covenants contained herein, it shall so notify Seller and and, if there is an applicable survival period pursuant to Section 8(a) above, provided that Seller makes a written claim for indemnification against Buyer pursuant to Section 10 below within such survival period, then buyer Buyer agrees to indemnify Seller from and against the entirety of any Adverse Consequences Seller shall suffer through and after the date of the claim for indemnification Claims caused by the breachbreach and suffered by Seller.

Appears in 1 contract

Samples: Purchase and Sale Agreement

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