Common use of Indemnity and Survival of Representations Clause in Contracts

Indemnity and Survival of Representations. 12.1 The representations and warranties hereinbefore set out are conditions on which the parties have relied in entering into this Agreement and shall survive the acquisition of any interest in the Property by the Optionee and each of the Parties will indemnify and save the other harmless from all loss, damage, costs, actions and suits arising out of or in connection with any breach of any representation, warranty, covenant, agreement or condition made by them and contained in this Agreement.

Appears in 2 contracts

Samples: Property Option Agreement (Continental Minerals Corp), Property Option Agreement (China Nettv Holdings Inc)

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Indemnity and Survival of Representations. 12.1 (a) The representations and warranties hereinbefore set out are conditions on which the parties have relied in entering into this Agreement and shall survive the acquisition of any interest in the Property by the Optionee Assignee and each of the Parties parties will indemnify and save the other harmless from all loss, damage, costs, actions and suits arising out of or in connection with any breach of any my representation, warranty, covenant, agreement or condition made by them and contained in this Agreement.

Appears in 1 contract

Samples: Option and Purchase Agreement (Titan Iron Ore Corp.)

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Indemnity and Survival of Representations. 12.1 7.1 The representations and warranties hereinbefore set out are conditions on which the parties have relied in entering into this Agreement and shall survive the acquisition of any interest in the Property by the Optionee and each of the Parties parties will indemnify and save the other harmless from all loss, damage, costs, actions and suits arising out of or in connection with any breach of any representation, warranty, covenant, agreement or condition made by them and contained in this Agreement.

Appears in 1 contract

Samples: Property Option Agreement (Osprey Ventures, Inc.)

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