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

Indemnification Provisions for Benefit of the Sellers. The Buyer agrees to indemnify the Sellers from and against all Losses resulting from, arising out of, relating to, in the nature of or caused by (a) the breach of any representation or warranty of the Buyer contained in Section 4 or (b) the breach of any covenant of the Buyer contained in this Agreement.

Appears in 2 contracts

Samples: Membership Interest Purchase Agreement (Crystalix Group International Inc), Membership Interest Purchase Agreement (Seaena Inc.)

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Indemnification Provisions for Benefit of the Sellers. The In the event the Buyer breaches any of its representations, warranties, and covenants contained in this Agreement, then the Buyer agrees to indemnify each of the Sellers from and against all Losses the entirety of any Adverse Consequences suffered by the Sellers resulting from, arising out of, relating to, in the nature of or caused by (a) the breach of any representation or warranty of the Buyer contained in Section 4 or (b) the breach of any covenant of the Buyer contained in this Agreementbreach.

Appears in 1 contract

Samples: Share Purchase Agreement (International Fuel Technology Inc)

Indemnification Provisions for Benefit of the Sellers. The (a) In the event the Buyer breaches any of its representations, warranties, and covenants contained herein, provided that the Seller makes a written claim for indemnification against the Buyer pursuant to the Notices provision hereunder, then the Buyer agrees to indemnify the Sellers Seller from and against all Losses resulting from, arising out of, relating to, in the nature of or caused by (a) the breach entirety of any representation or warranty Adverse Consequences the Seller shall suffer through and after the date of the Buyer contained in Section 4 or claim for indemnification caused (bproximately) by the breach of any covenant of the Buyer contained in this Agreementbreach.

Appears in 1 contract

Samples: Purchase & Sale Agreement (iCarbon CORP)

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Indemnification Provisions for Benefit of the Sellers. The Buyer agrees to indemnify the Sellers from and against all Losses the entirety of any Adverse Consequences the Sellers may suffer resulting from, arising out of, relating to, in the nature of of, or caused by (a) the any breach of any representation or warranty of the Buyer contained in Section 4 or (b) the breach of any covenant of the Buyer Buyer’s representations, warranties, and covenants contained in this Agreement.

Appears in 1 contract

Samples: Asset Purchase Agreement (Taser International Inc)

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