Common use of Indemnity of the Company and the Shareholder Clause in Contracts

Indemnity of the Company and the Shareholder. The Company and the Shareholder agree to defend, indemnify and hold harmless each Seller from and against, and to reimburse each Seller with respect to, all liabilities, losses, costs and expenses, including, without limitation, reasonable attorneys' fees and disbursements, asserted against or incurred by such Seller by reason of, arising out of, or in connection with any material breach of any representation or warranty contained in this Agreement made by the Company or the Shareholder or in any document or certificate delivered by the Company or the Shareholder pursuant to the provisions of this Agreement or in connection with the transactions contemplated thereby.

Appears in 2 contracts

Samples: Share Exchange Agreement (Olympic Entertainment Group Inc /Nv/), Share Exchange Agreement (Score One Inc)

AutoNDA by SimpleDocs

Indemnity of the Company and the Shareholder. The Company and the Shareholder agree to jointly and severally defend, indemnify and hold harmless each the Seller from and against, and to reimburse each the Seller with respect to, all liabilities, losses, costs and expenses, including, without limitation, reasonable attorneys' fees and disbursements, asserted against or incurred by such the Seller by reason of, arising out of, or in connection with any material breach of any representation or warranty contained in this Agreement made by the Company or the Shareholder or in any document or certificate delivered by the Company or the Shareholder pursuant to the provisions of this Agreement or in connection with the transactions contemplated thereby.

Appears in 1 contract

Samples: Share Exchange Agreement (Tridon Enterprises Inc)

AutoNDA by SimpleDocs

Indemnity of the Company and the Shareholder. The Company and the Shareholder agree agrees as to defend, indemnify and hold harmless each Seller from and against, and to reimburse each Seller with respect to, all liabilities, losses, costs and expenses, including, without limitation, reasonable attorneys' fees and disbursements, disbursements (collectively the “Losses”) asserted against or incurred by such Seller Sellers by reason of, arising out of, or in connection with any material breach of any representation or warranty contained in this Agreement made by the Company or the Shareholder or in any document or certificate delivered by the Company or the Shareholder pursuant to the provisions of this Agreement or in connection with the transactions contemplated thereby.

Appears in 1 contract

Samples: Share Exchange Agreement (JMG Exploration, Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.