Common use of Indemnity and Reimbursement Clause in Contracts

Indemnity and Reimbursement. Seller shall indemnify, and hold Buyer harmless, from any and all liability claims and/or demands based upon, connected with or arising out of the performance of this Agreement by or for Seller; and Seller shall defend Buyer from any and all such claims, actions and demands. Seller agrees that in the event Buyer's customer withholds, reduces, recoups, disallows, and/or deletes the cost, overheads, and/or profits of Buyer due to any action or inaction on the part of Seller, Seller shall immediately repay Buyer for any such customer claim and/or loss.

Appears in 4 contracts

Samples: Sierra Nevada, www.sierraspace.com, sierraspace.com

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Indemnity and Reimbursement. Seller shall indemnify, and hold Buyer harmless, from any and all liability claims and/or demands based upon, connected with or arising out of the performance of this Agreement Subcontract by or for Seller; and Seller shall defend Buyer from any and all such claims, actions and demands. Seller agrees that in the event Buyer's ’s customer withholds, reduces, recoups, disallows, disallows and/or deletes the cost, overheads, and/or profits of Buyer due to any action or inaction on the part of Seller, Seller shall immediately repay Buyer for any such customer claim and/or loss.

Appears in 2 contracts

Samples: www.sierraspace.com, sierraspace.com

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Indemnity and Reimbursement. Seller shall indemnify, and hold Buyer harmless, from any and all liability claims and/or demands based upon, connected with or arising out of the performance of this Agreement by or for Seller; and Seller shall defend Buyer from any and all such claims, actions and demands. Seller agrees that in the event BuyerXxxxx's customer withholds, reduces, recoups, disallows, and/or deletes the cost, overheads, and/or profits of Buyer due to any action or inaction on the part of Seller, Seller shall immediately repay Buyer for any such customer claim and/or loss.

Appears in 2 contracts

Samples: www.sncorp.com, Sierra Nevada

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