Indemnity by the Vendors. Each Vendor will indemnify, defend and hold harmless the Purchaser and the respective current and former directors, officers and employees of the Purchaser and its Affiliates and their heirs, successors and assigns (the “Purchaser’s Indemnified Persons”) harmless from and against all documented Losses properly suffered or incurred by the Purchaser’s Indemnified Persons:
Appears in 3 contracts
Samples: Asset Purchase Agreement (GSL Holdings, Inc.), Asset Purchase Agreement (Marathon Acquisition Corp.), Asset Purchase Agreement (Global Ship Lease, Inc.)
Indemnity by the Vendors. Each Vendor will indemnify, defend and hold harmless the Purchaser and the respective current and former directors, officers and employees of the Purchaser and its Affiliates and their heirs, successors and assigns (the “Purchaser’s Indemnified Persons”) harmless from and against all documented Losses properly suffered or incurred by the Purchaser’s Indemnified Persons:
Appears in 1 contract
