Common use of Indemnification Provisions for Benefit of the Company Clause in Contracts

Indemnification Provisions for Benefit of the Company. In the event the Purchaser breaches any of its representations, warranties, and/or covenants contained herein and provided that the Company makes a written claim for indemnification against the Purchaser, then the Purchaser agrees to indemnify the Company from and against the entirety of any losses, damages, amounts paid in settlement of any claim or action, expenses, or fees including court costs and reasonable attorneys' fees and expenses.

Appears in 5 contracts

Samples: Securities Purchase Agreement (Ecosphere Technologies Inc), Securities Purchase Agreement (Ecosphere Technologies Inc), Securities Purchase Agreement (Ecosphere Technologies Inc)

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Indemnification Provisions for Benefit of the Company. In the event the Purchaser breaches any of its representations, warranties, and/or covenants contained herein and provided that the Company makes make a written claim for indemnification against the Purchaser, then the Purchaser agrees to indemnify the Company from and against the entirety of any losses, damages, amounts paid in settlement of any claim or action, expenses, or fees including court costs and reasonable attorneys' fees and expenses.

Appears in 3 contracts

Samples: Stock Purchase Agreement (Nowtransit Inc), Stock Purchase Agreement (Nowtransit Inc), Stock Purchase Agreement (Nowtransit Inc)

Indemnification Provisions for Benefit of the Company. In the event the a Purchaser breaches any of its representations, warranties, and/or covenants contained herein and provided that the Company makes make a written claim for indemnification against the Purchaser, then the Purchaser agrees to indemnify the Company from and against the entirety of any losses, damages, amounts paid in settlement of any claim or action, expenses, or fees including court costs and reasonable attorneys' fees and expenses.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Vado Corp.), Stock Purchase Agreement (Vado Corp.)

Indemnification Provisions for Benefit of the Company. In the event the a Purchaser breaches any of its representations, warranties, and/or covenants contained herein and provided that the Company makes make a written claim for indemnification against the such Purchaser, then the such Purchaser agrees to indemnify the Company from and against the entirety of any losses, damages, amounts paid in settlement of any claim or action, expenses, or fees including court costs and reasonable attorneys' fees and expenses.

Appears in 1 contract

Samples: Securities Purchase Agreement (Upstream Worldwide, Inc.)

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Indemnification Provisions for Benefit of the Company. In the event the either Purchaser breaches any of its representations, warranties, and/or covenants contained herein herein, and provided that the Company makes a written claim for indemnification against the such Purchaser, then the such Purchaser agrees to indemnify the Company from and against the entirety of any losses, damages, amounts paid in settlement of any claim or action, expenses, or fees including court costs and reasonable attorneys' attorney’s fees and expenses, in connection with such breach.

Appears in 1 contract

Samples: Stock Purchase Agreement (VerifyMe, Inc.)

Indemnification Provisions for Benefit of the Company. In the event the Purchaser Seller breaches any of its representations, warranties, and/or covenants contained herein and provided that the Company makes a written claim for indemnification against the PurchaserSeller, then the Purchaser Seller agrees to indemnify the Company from and against the entirety of any losses, damages, amounts paid in settlement of any claim or action, expenses, or fees including court costs and reasonable attorneys' fees and expenses.

Appears in 1 contract

Samples: Stock Purchase Agreement (Aspen Group, Inc.)

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