Indemnity of Company. The Company agrees to indemnify and hold harmless the Investors, against any and all loss, liability, claim, damage and expense whatsoever (including, but not limited to, any and all expenses reasonably incurred in investigating, preparing or defending against any litigation commenced or threatened or any claim whatsoever) arising out of or based upon any false representation or warranty or breach or failure by the Company to comply with any covenant or agreement made by the Company herein or in any other document furnished by the Company to any of the foregoing in connection with this transaction.
Appears in 4 contracts
Samples: Preferred Stock Subscription Agreement (International Dispensing Corp), Preferred Stock Subscription Agreement (Simpson Louis A), Preferred Stock Subscription Agreement (Kriste George)
Indemnity of Company. The Company agrees to indemnify and hold harmless the InvestorsInvestor, against any and all loss, liability, claim, damage and expense whatsoever (including, but not limited to, any and all expenses reasonably incurred in investigating, preparing or defending against any litigation commenced or threatened or any claim whatsoever) arising out of or based upon any false representation or warranty or breach or failure by the Company to comply with any covenant or agreement made by the Company herein or in any other document furnished by the Company to any of the foregoing in connection with this transaction.
Appears in 4 contracts
Samples: Preferred Stock Subscription Agreement (Shield Juliet), Preferred Stock Subscription Agreement (Abbott Gregory), Preferred Stock Subscription Agreement (International Dispensing Corp)
