No Warranty of Title. In the event any Party, subsequent to the date of this Agreement, encumbers any interest it now holds or may obtain under this Agreement, the Party which encumbers its interest shall be solely responsible for that encumbrance, and agrees to indemnify the other Parties to this Agreement form any Losses caused by the encumbrance.
Appears in 2 contracts
Samples: Joint Venture Agreement (Pinnacle Oil International Inc), Joint Venture Agreement (Pinnacle Oil International Inc)
No Warranty of Title. In the event any Party, subsequent to the date of this Agreement, encumbers any interest it now holds or may obtain under this Agreement, the Party which encumbers its interest shall be solely responsible for that encumbrance, and agrees to indemnify the other Parties to this Agreement form from any Losses caused by the encumbrance.
Appears in 2 contracts
Samples: Joint Venture Agreement (Pinnacle Oil International Inc), Joint Venture Agreement (Pinnacle Oil International Inc)