Common use of Mutual Indemnifications for Breaches of Warranty Clause in Contracts

Mutual Indemnifications for Breaches of Warranty. 9.1 Subject to §9.2, Meridex hereby covenants and agrees with each of BSI and the BSI Shareholders, and each of BSI and the BSI Shareholders hereby jointly and severally covenants and agrees with Meridex, (the Parties covenanting and agreeing to indemnify another Party under this section are hereinafter individually referred to as the “Indemnifying Party” and the Party being indemnified by another Party under this §9.1 are hereinafter individually referred to as the “Indemnified Party”) to indemnify and save harmless the Indemnified Party from and against any claims which may be made or brought against the Indemnified Party or which it may suffer or incur as a result of, or arising out of any non-fulfillment of any covenant or agreement on the part of the Indemnifying Party under this Agreement or any Ancillary Agreement or any incorrectness in or breach of any representation or warranty of the Indemnifying Party contained in this Agreement or any Ancillary Agreement.

Appears in 2 contracts

Samples: Share Purchase Agreement (InMed Pharmaceuticals Inc.), Share Purchase Agreement

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Mutual Indemnifications for Breaches of Warranty. 9.1 Subject to §9.2Section 10.2, Meridex the Purchaser hereby covenants and agrees with each of BSI ETS and the BSI ShareholdersVendors, and each of BSI ETS and the BSI Shareholders Vendors hereby jointly and severally covenants and agrees with Meridexthe Purchaser, (the Parties a Party covenanting and agreeing to indemnify another Party under this section Section are hereinafter individually referred to as the "Indemnifying Party" and the a Party being indemnified by another Party under this §9.1 are Section 10.1 is hereinafter individually referred to as the "Indemnified Party" and "Indemnified Party" includes directors, officers, shareholders, and affiliates of the Indemnified Party) to indemnify and save harmless the Indemnified Party from and against any claims Claims which may be made or brought against the Indemnified Party or which it may suffer or incur as a result of, or arising out of any non-fulfillment of any covenant or agreement on the part of the Indemnifying Party under this Agreement or any Ancillary Agreement or any incorrectness in or breach of any representation or warranty of the Indemnifying Party contained in this Agreement or any Ancillary Agreement.

Appears in 1 contract

Samples: Share Exchange Agreement

Mutual Indemnifications for Breaches of Warranty. 9.1 Subject to §9.2Section 10.2, Meridex the Purchaser hereby covenants and agrees with each of BSI Foro and the BSI Shareholders, and each of BSI Foro and the BSI Shareholders hereby severally and not jointly covenant and severally covenants and agrees agree with Meridex, the Purchaser (the Parties a Party covenanting and agreeing to indemnify another Party under this section Section 10.1 are hereinafter individually referred to as the "Indemnifying Party" and the a Party being indemnified by another Party under this §9.1 are Section 10.1 is hereinafter individually referred to as the "Indemnified Party”) ", which Indemnified Party includes directors, officers, shareholders, and affiliates of the Indemnified Party), to indemnify and save harmless the Indemnified Party from and against any claims which may be Claims made or brought against the Indemnified Party or Claims which it may suffer suffers or incur incurs as a result of, or arising out of any non-fulfillment of any covenant or agreement on the part of the Indemnifying Party under this Agreement or any Ancillary Agreement or any incorrectness in or breach of any representation or warranty of the Indemnifying Party contained in this Agreement or any Ancillary Agreement(each being an “Indemnifiable Claim”).

Appears in 1 contract

Samples: Share Exchange Agreement

Mutual Indemnifications for Breaches of Warranty. 9.1 Subject to §9.2, Meridex MyCause hereby covenants and agrees with each of BSI the Panacea Members, and the BSI Shareholders, Panacea Members hereby covenant and each of BSI and the BSI Shareholders hereby jointly and agree severally covenants and agrees with Meridex, MyCause (the Parties parties covenanting and agreeing to indemnify another Party party under this section are hereinafter individually referred to as the "Indemnifying Party” Parties" and the Party parties being indemnified by another Party under this §9.1 Section are hereinafter individually referred to as the "Indemnified Party") to indemnify and save harmless the Indemnified Party from and against any claims which may be made or brought against the Indemnified Party or and/or which it the Indemnified Party may suffer or incur as a result of, or arising out of of, any non-fulfillment of any covenant or agreement on the part of the Indemnifying Party under this Agreement or any Ancillary Agreement or any incorrectness in or breach of any representation or warranty of the Indemnifying Party contained in this Agreement or any Ancillary Agreement.

Appears in 1 contract

Samples: Share Exchange Agreement (MyCause Beverages, Inc.)

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Mutual Indemnifications for Breaches of Warranty. 9.1 Subject to §9.2Section 10.2, Meridex the Purchaser hereby covenants and agrees with each of BSI DLT and the BSI Target Shareholders, and each of BSI DLT and the BSI Target Shareholders hereby jointly severally covenant and severally covenants and agrees agree with Meridexthe Purchaser, (the Parties a Party covenanting and agreeing to indemnify another Party under this section Section are hereinafter individually referred to as the "Indemnifying Party" and the a Party being indemnified by another Party under this §9.1 are Section 10.1 is hereinafter individually referred to as the "Indemnified Party", which Indemnified Party includes directors, officers, shareholders, and affiliates of the Indemnified Party) to indemnify and save harmless the Indemnified Party from and against any claims Claims which may be made or brought against the Indemnified Party or which it may suffer or incur as a result of, or arising out of any non-fulfillment of any covenant or agreement on the part of the Indemnifying Party under this Agreement or any Ancillary Agreement or any incorrectness in or breach of any representation or warranty of the Indemnifying Party contained in this Agreement or any Ancillary Agreement.

Appears in 1 contract

Samples: Share Exchange Agreement

Mutual Indemnifications for Breaches of Warranty. 9.1 Subject to §9.2section 7.2, Meridex Racino hereby covenants and agrees with each of BSI IAGC and the BSI IAGC Shareholders, and each of BSI IAGC and the BSI IAGC Shareholders hereby jointly covenant and agree severally covenants and agrees with Meridex, Racino (the Parties parties covenanting and agreeing to indemnify another party under this section are hereinafter individually referred to as the "Indemnifying Party" and the parties being indemnified by another Party under this section are hereinafter individually referred to as the “Indemnifying Party” and the Party being indemnified by another Party under this §9.1 are hereinafter individually referred to as the “"Indemnified Party") to indemnify and save harmless the Indemnified Party from and against any claims which may be made or brought against the Indemnified Party or and/or which it may suffer or incur as a result of, or arising out of any non-fulfillment of any covenant or agreement on the part of the Indemnifying Party under this Agreement or any Ancillary Agreement or any incorrectness in or breach of any representation or warranty of the Indemnifying Party contained in this Agreement or any Ancillary Agreement.

Appears in 1 contract

Samples: Share Exchange Agreement (Racino Royale, Inc.)

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