Common use of Obligation of the Company to Indemnify Clause in Contracts

Obligation of the Company to Indemnify. The Company agrees to indemnify, defend and hold harmless OS (and its directors, officers, employees, affiliates, stockholders, debenture holders, agents, attorneys, successors and assigns) from and against all losses, liabilities, damages, deficiencies, costs or expenses (including interest, penalties and reasonable attorneys' and consultants' fees and disbursements) (collectively, "Losses") based upon, arising out of or otherwise in respect of any (i) inaccuracy in any representation or warranty of the Company contained in this Agreement or in the Schedules and Exhibits hereto or (ii) breach by the Company of any covenant or agreement contained in this Agreement.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Reality Wireless Networks Inc), Merger Agreement (Insite Vision Inc), Agreement and Plan of Merger (Reality Wireless Networks Inc)

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Obligation of the Company to Indemnify. The Company agrees to indemnify, defend and hold harmless OS SH (and its directors, officers, employees, affiliates, stockholdersshareholders, debenture holders, agents, attorneys, successors and assigns) from and against all losses, liabilities, damages, deficiencies, costs or expenses (including interest, penalties and reasonable attorneys' and consultants' fees and disbursements) (collectively, "Losses") based upon, arising out of or otherwise in respect of any (i) inaccuracy in any representation or warranty of the Company contained in this Agreement or in the Schedules and Exhibits hereto or (ii) breach by the Company of any covenant or agreement contained in this AgreementAgreement or the Contemplated Transactions.

Appears in 1 contract

Samples: Merger Agreement (Hy Tech Technology Group Ing)

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Obligation of the Company to Indemnify. The Company agrees to indemnify, defend and hold harmless OS TNX (and its directors, officers, employees, affiliates, stockholdersshareholders, debenture holders, agents, attorneys, successors and assigns) from and against all losses, liabilities, damages, deficiencies, costs or expenses (including interest, penalties and reasonable attorneys' and consultants' fees and disbursements) (collectively, "Losses") based upon, arising out of or otherwise in respect of any (i) inaccuracy in any representation or warranty of the Company contained in this Agreement or in the Schedules and Exhibits hereto or (ii) breach by the Company of any covenant or agreement contained in this Agreement. Losses specifically does not include economic loss from the decrease in the per Share Market Value of the Company Common Stock.

Appears in 1 contract

Samples: Agreement and Plan of Merger (SZM Distributors Inc)

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