Common use of Indemnification Regarding Assumed Obligations Clause in Contracts

Indemnification Regarding Assumed Obligations. Whenever it is provided in this Agreement that an obligation of one party will be assumed by the other party from and after the Closing Date, the party so assuming such liability shall be deemed to have also agreed to indemnify and hold harmless the other party, its successors and assigns, from all claims, losses, liabilities and expenses (including reasonable attorneys' and accountants' fees) arising from any failure of the assuming party to perform the obligation so assumed from and after the Closing Date.

Indemnification Regarding Assumed Obligations. Whenever it is provided in this Agreement that an obligation of one party will be assumed by the other party from and after the Closing DateClosing, the party so assuming such liability also shall be deemed to have also agreed to indemnify indemnify, defend and hold harmless the other party, party and its successors and assigns, from all claims, losses, liabilities damages, liabilities, costs and expenses (including reasonable attorneys' ’ fees and accountants' feesother charges) arising from any failure of the assuming party to perform the obligation so assumed from and after the Closing Date.

Indemnification Regarding Assumed Obligations. Whenever it is provided in this Agreement that an obligation of one party will be assumed by the other party from and after the Closing DateClosing, the party so assuming such liability also shall be deemed to have also agreed to indemnify indemnify, defend and hold harmless the other party, party and its successors and assigns, from all claims, losses, liabilities damages, liabilities, costs and expenses (including reasonable attorneys' fees and accountants' feesother charges) arising from any failure of the assuming party to perform the obligation so assumed from and after the Closing DateClosing.