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

Indemnification Provisions for Benefit of the Sellers. In the event the Buyer breaches (or in the event any third party alleges facts that, if true, would mean the Buyer has breached) any of its representations, warranties and covenants contained herein, then the Buyer agrees to indemnify Sellers from and against the entirety of any Adverse Consequences the Sellers may suffer through and after the date of the claim for indemnification resulting from, arising out of, relating to, in the nature of, or caused by the breach (or the alleged breach).

Appears in 2 contracts

Samples: Stock Purchase Agreement (Jacmar Companies), Stock Purchase Agreement (Assi Inc)

AutoNDA by SimpleDocs

Indemnification Provisions for Benefit of the Sellers. In the event the Buyer breaches (or in the event any third party alleges facts that, if true, would mean the Buyer has breached) any of its representations, warranties and covenants contained herein, then the Buyer agrees to indemnify the Sellers from and against the entirety of any Adverse Consequences the Sellers may suffer through and after the date of the claim for indemnification resulting from, arising out of, relating to, in the nature of, or caused by the breach (or the alleged breach).,

Appears in 1 contract

Samples: Stock Purchase Agreement (Jacmar Companies)

AutoNDA by SimpleDocs

Indemnification Provisions for Benefit of the Sellers. In the event If the Buyer breaches (or in the event if any third party Person other than a Seller alleges facts that, if true, would mean the Buyer has breached) any of its representations, representations or warranties contained herein and covenants contained hereinthe Sellers' Agent gives notice of a claim for indemnification against the Buyer within the Survival Period, then the Buyer agrees to indemnify and hold harmless the Sellers from and against the entirety of any Adverse Consequences Damages the Sellers may suffer through and after the date of the claim for indemnification resulting which result from, arising arise out of, relating relate to, in the nature of, or are caused by the breach (or the alleged breach).

Appears in 1 contract

Samples: Stock Purchase Agreement (Dobson Communications Corp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!