Common use of No Claims; Indemnity Clause in Contracts

No Claims; Indemnity. There are currently no claims or lawsuits threatened or pending against the Company or the Sellers as the owners of their shares, and the Sellers are unaware of any conditions or circumstances that would lead to or justify the filing of any claim or lawsuit. If, after the consummation of this transaction and the transfer of the Shares from the Sellers to the Purchaser any claim or lawsuit shall be filed against the Company or the Purchaser (as the owner of the Shares), arising out of any circumstances whatsoever prior to transfer of the shares, the Sellers shall defend, indemnify and hold the Purchaser harmless from and against any and all such claims or lawsuits or any awards or judgments granted thereunder.

Appears in 1 contract

Samples: Shareholder Agreement (Advanced Ventures Corp)

AutoNDA by SimpleDocs

No Claims; Indemnity. There are currently no claims or lawsuits threatened or pending against the Company or the Sellers as the owners of their shares, and the Sellers are unaware of any conditions or circumstances that would lead to or justify the filing of any claim or lawsuit. If, after the consummation of this transaction and the transfer of the Shares from the Sellers to the Purchaser any claim or lawsuit shall be filed against the Company Syncfeed or the Purchaser (as the owner of the Shares), arising out of any circumstances whatsoever prior to transfer of the shares, the Sellers shall defend, indemnify and hold the Purchaser harmless from and against any and all such claims or lawsuits or any awards or judgments granted thereunder.

Appears in 1 contract

Samples: Share Purchase Agreement (Syncfeed, Inc.)

No Claims; Indemnity. There are currently no claims or lawsuits threatened or pending against the Company or the Sellers Seller as the owners owner of their its shares, and the Sellers are Seller is unaware of any conditions or circumstances that would lead to or justify the filing of any claim or lawsuit. If, after the consummation of this transaction and the transfer of the Shares from the Sellers Seller to the Purchaser any claim or lawsuit shall be filed against the Company UVTC or the Purchaser (as the owner of the Shares), arising out of any circumstances whatsoever prior to transfer of the shares, the Sellers Seller shall defend, indemnify and hold the Purchaser harmless from and against any and all such claims or lawsuits or any awards or judgments granted thereunder.

Appears in 1 contract

Samples: Share Purchase Agreement (Uventus Techonologies Corp)

AutoNDA by SimpleDocs

No Claims; Indemnity. There are currently no claims or lawsuits threatened or pending against the Company or the Sellers Seller as the owners owner of their its shares, and the Sellers are Seller is unaware of any conditions or circumstances that would lead to or justify the filing of any claim or lawsuit. If, after the consummation of this transaction and the transfer of the Shares from the Sellers Seller to the Purchaser any claim or lawsuit shall be filed against the Company Blackrock or the Purchaser (as the owner of the Shares), arising out of any circumstances whatsoever prior to transfer of the shares, the Sellers Seller shall defend, indemnify and hold the Purchaser harmless from and against any and all such claims or lawsuits or any awards or judgments granted thereunder.

Appears in 1 contract

Samples: Share Purchase Agreement (Blackrock Petroleum Corp.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!