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

Indemnification Provisions for Benefit of Sellers. In the event Purchaser breaches (or any third party alleges facts that, if true, would mean Purchaser has breached) any of Purchaser’s representations, warranties or covenants contained herein, then Purchaser shall indemnify Sellers and hold him harmless from and against the entirety of any Adverse Consequences Sellers may suffer arising out of, relating to, in the nature of, or caused by such breach (or such alleged breach).

Appears in 3 contracts

Samples: Stock Purchase Agreement (RJD Green, Inc.), Stock Purchase Agreement (RadTek, Inc), Stock Purchase Agreement (RJD Green, Inc.)

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Indemnification Provisions for Benefit of Sellers. (i) In the event Purchaser breaches (or any third party alleges facts that, if true, would mean Purchaser has breached) any of Purchaser’s its representations, warranties or covenants contained herein, then Purchaser shall indemnify Sellers and hold him them harmless from and against the entirety of any Adverse Consequences Sellers (as defined above) any Seller may suffer resulting from, arising out of, relating to, in the nature of, or caused by such breach (or such alleged the breach).

Appears in 1 contract

Samples: Stock Purchase Agreement (Key Link Assets Corp.)

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Indemnification Provisions for Benefit of Sellers. (i) In the event Purchaser Buyer breaches (or in the event any third party alleges facts that, if true, would mean Purchaser Buyer has breached) any of Purchaser’s its representations, warranties or warranties, and covenants contained herein, herein then Purchaser shall Buyer agrees to indemnify each of Sellers and hold him harmless from and against the entirety of any Adverse Consequences Sellers may suffer resulting from, arising from, arising out of, relating to, in the nature of, or caused by such the breach (or such the alleged breach).

Appears in 1 contract

Samples: Asset Purchase Agreement (Atlas Corp)

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