Common use of Indemnity by the Buyer Clause in Contracts

Indemnity by the Buyer. Following the Closing, the Buyer shall indemnify the Sellers and their affiliates and each of their respective officers, directors, employees, agents and representatives (the “Seller Indemnitees”) against and hold them harmless from, any Losses, suffered or incurred by such Seller Indemnitee by reason of, arising out of or otherwise in respect of any inaccuracy in, breach of any representation or warranty, or a failure to perform or observe fully any covenant, agreement or obligation of, the Buyer in or under this Agreement or in or under any document, instrument or agreement delivered pursuant to this Agreement by the Buyer.

Appears in 7 contracts

Samples: Purchase and Sale Agreement, Purchase, Sale and Contribution Agreement (Golar LNG LTD), Purchase, Sale and Contribution Agreement

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Indemnity by the Buyer. Following the Closing, the The Buyer shall indemnify the Sellers Seller and their its affiliates and each of their respective officers, directors, employees, agents and representatives (the “Seller Indemnitees”) against and hold them harmless from, any Losses, suffered or incurred by such Seller Indemnitee by reason of, arising out of or otherwise in respect of any inaccuracy in, breach of any representation or warranty, or a failure to perform or observe fully any covenant, agreement or obligation of, the Buyer in or under this Agreement or in or under any document, instrument or agreement delivered pursuant to this Agreement by the Buyer.

Appears in 6 contracts

Samples: Share Purchase Agreement (Navios Maritime Containers Inc.), Share Purchase Agreement (Navios Maritime Midstream Partners LP), Share Purchase Agreement (Navios Maritime Partners L.P.)

Indemnity by the Buyer. Following the Closing, the Buyer shall indemnify be liable for, and shall indemnify, defend and hold harmless the Sellers Seller and their affiliates and each of their its respective officers, directors, employees, agents and representatives (the “Seller Indemnitees”) against from and hold them harmless fromagainst, any Losses, suffered or incurred by such Seller Indemnitee Indemnitees by reason of, arising out of or otherwise in respect of any inaccuracy in, breach of any representation or warranty, or a failure to perform or observe fully any covenant, agreement or obligation of, the Buyer in or under this Agreement or in or under any document, instrument or agreement delivered pursuant to this Agreement by the Buyer.

Appears in 3 contracts

Samples: Share Purchase Agreement (KNOT Offshore Partners LP), Share Purchase Agreement (KNOT Offshore Partners LP), Share Purchase Agreement (KNOT Offshore Partners LP)

Indemnity by the Buyer. Following the Closing, the The Buyer shall indemnify the Sellers Seller and their affiliates its subsidiaries other than any Buyer Indemnitees and each of their respective officers, directors, employees, agents and representatives (the “Seller Indemnitees”) against and hold them harmless from, any Losses, suffered or incurred by such Seller Indemnitee by reason of, arising out of or otherwise in respect of any inaccuracy in, or breach of of, any representation or warranty, or a failure to perform or observe fully any covenant, agreement or obligation of, the Buyer in or under this Agreement or in or under any document, instrument or agreement delivered pursuant to this Agreement by the Buyer.

Appears in 3 contracts

Samples: Share Purchase Agreement (Crude Carriers Corp.), Share Purchase Agreement (Crude Carriers Corp.), Share Purchase Agreement (Crude Carriers Corp.)

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Indemnity by the Buyer. Following the Closing, the Buyer shall indemnify the Sellers Seller and their its affiliates and each of their respective officers, directors, employees, agents and representatives (the “Seller Indemnitees”) against and hold them harmless from, any Losses, suffered or incurred by such Seller Indemnitee by reason of, arising out of or otherwise in respect of any inaccuracy in, breach of any representation or warranty, or a failure to perform or observe fully any covenant, agreement or obligation of, the Buyer in or under this Agreement or in or under any document, instrument or agreement delivered pursuant to this Agreement by the Buyer.

Appears in 2 contracts

Samples: Purchase and Sale Agreement, Purchase, Sale and Contribution Agreement (Golar LNG Partners LP)

Indemnity by the Buyer. Following the Closing, the Buyer shall indemnify the Sellers Seller and their affiliates and each of their respective its affiliates, officers, directors, employees, agents and representatives (the “Seller Indemnitees”) against and hold them harmless from, any Losses, suffered or incurred by such Seller Indemnitee by reason of, arising out of or otherwise in respect of any inaccuracy in, breach of any representation or warranty, or a failure to perform or observe fully any covenant, agreement or obligation of, the Buyer in or under this Agreement or in or under any document, instrument or agreement delivered pursuant to this Agreement by the Buyer.

Appears in 2 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement (Seadrill Partners LLC)

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