Common use of Mutual Indemnifications Clause in Contracts

Mutual Indemnifications. Each party hereby agrees to defend, indemnify and hold harmless each other, and the other party’s affiliates, subsidiaries, employees, officers, directors, shareholders, attorneys and agents, from and against any and all losses, claims, liabilities, demands and expenses whatsoever, including, without limitation, reasonable attorneys’ fees and costs, arising out of or in connection with any breach by the indemnifying party of its representations, warranties, covenants or obligations or any negligent or wrongful act of or by such party in the performance of its duties under this Agreement. All indemnities and obligations contained herein shall survive the expiration or termination of the Agreement. Each party agrees to provide the other party with prompt notice of any claim or suit within the scope of the indemnities contained in this Agreement, and to furnish all relevant facts in such party's possession or control, cooperate fully with the other party hereto in its defense of any such action, and not to settle any such matter without the other party's prior written consent, unless any such settlement contains an unconditional release from liability of the other party.

Appears in 4 contracts

Samples: Terms and Conditions, Terms and Conditions, Terms and Conditions

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Mutual Indemnifications. Each party hereby agrees to defend, indemnify and hold harmless each other, and the other party’s affiliates, subsidiaries, employees, officers, directors, shareholders, attorneys and agents, from and against any and all losses, claims, liabilities, demands and expenses whatsoever, including, without limitation, reasonable attorneys’ fees and costs, arising out of or in connection with any breach by the indemnifying party of its representations, warranties, covenants or obligations or any negligent or wrongful act of or by such party in the performance of its duties under this Agreement. All indemnities and obligations contained herein shall survive the expiration or termination of the Agreement. Each party agrees to provide the other party with prompt notice of any claim or suit within the scope of the indemnities contained in this Agreement, and to furnish all relevant facts in such party's ’s possession or control, cooperate fully with the other party hereto in its defense of any such action, and not to settle any such matter without the other party's ’s prior written consent, unless any such settlement contains an unconditional release from liability of the other party.

Appears in 2 contracts

Samples: Unc Merchant Terms and Conditions, Unc Merchant Terms and Conditions

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