Common use of Indemnities of Buyer Clause in Contracts

Indemnities of Buyer. Effective as of the Closing, Buyer and its successors and assigns shall assume, be responsible for, shall pay on a current basis, and hereby defend, indemnify, hold harmless and forever release Seller and its Affiliates, and all of their respective stockholders, partners, members, directors, officers, managers, employees, agents and representatives (collectively, “Seller Indemnified Parties”) from and against any and all Liabilities arising from, based upon, related to or associated with: (a) any breach by Buyer of its representations or warranties contained in Article V; (b) any breach by Buyer of its covenants and agreements under this Agreement; and (c) the Assumed Obligations.

Indemnities of Buyer. Effective as of the Closing, Buyer and its successors and assigns shall assume, be responsible for, shall pay on a current basis, basis and hereby defenddefends, indemnifyindemnifies, hold holds harmless and forever release releases Seller and its Affiliates, and all of its and their respective stockholdersequityholders, partners, members, directors, officers, managers, employees, agents and representatives (collectively, “Seller Indemnified Parties”) from and against any and all Liabilities arising from, based upon, related to or associated with: (a) any breach by Buyer of any of its representations or warranties contained in Article V; (b) any breach by Buyer of any of its covenants and or agreements under this Agreement; and; (c) the Assumed Obligations.

Indemnities of Buyer. Effective as of the Closing, Buyer and its successors and assigns shall assume, be responsible for, shall pay on a current basis, basis and hereby agree to defend, indemnify, hold harmless and forever release Seller Sellers and its Sellers’ Affiliates, and all of their respective stockholders, partners, members, directors, officers, managers, employees, agents and representatives (collectively, “Seller Sellers’ Indemnified Parties”) from and against any and all Liabilities arising from, based upon, related to or associated with: (a) any breach by Buyer of its representations or warranties contained in Article VIV; (b) any breach by Buyer of its covenants and agreements under contained in this Agreement; andor (c) the Assumed Obligations.