Common use of Indemnity by the Purchaser Clause in Contracts

Indemnity by the Purchaser. Purchaser shall indemnify and hold harmless the Company and the officers, directors, agents, affiliates and representatives of the Company or any of them (the "Company Indemnitees") from and against, and shall reimburse the Company Indemnitees for any loss, liability, damage or expense, including reasonable attorneys' fees and cost of investigation incurred as a result thereof, that the Company Indemnitees shall incur or suffer (collectively, the "Company's Recoverable Losses") resulting from (a) any misrepresentation by Purchaser, or (b) breach by Purchaser of any (i) representation or warranty contained in Article 4 hereof, (ii) agreement or covenant under or pursuant to this Agreement, or (iii) document, certificate, schedule or instrument delivered by or on behalf of Purchaser in connection herewith.

Appears in 5 contracts

Samples: Common Stock Purchase Agreement (South Texas Drilling & Exploration Inc), Common Stock Purchase Agreement (South Texas Drilling & Exploration Inc), Common Stock Purchase Agreement (Wedge Energy Services LLC)

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