Common use of Payment of Indemnification Obligation Clause in Contracts

Payment of Indemnification Obligation. Seller or Xxxxxxxx shall pay promptly to any Buyer Indemnified Party, and the Buyer Parties shall pay promptly to any Seller Indemnified Party, the amount of all damages, losses, deficiencies, liabilities, costs, expenses, claims, and other obligations to which the foregoing indemnities relate.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Drexel Burnham Lambert Real Estate Associates Iii), Stock Purchase Agreement (Drexel Burnham Lambert Real Estate Associates)

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Payment of Indemnification Obligation. The Seller or Xxxxxxxx shall pay promptly to any Buyer Indemnified Party, and the Buyer Parties shall Shareholder agree to pay promptly to any Seller Indemnified Party, and the Purchaser agrees to pay promptly to any Purchaser Indemnified Party, the amount of all damagesd mages, losses, deficiencies, liabilities, costs, expenses, claims, claims and other obligations to which the foregoing indemnities relate.

Appears in 1 contract

Samples: Assets Purchase Agreement

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Payment of Indemnification Obligation. The Seller or Xxxxxxxx shall and the Shareholder agree to pay promptly to any Buyer Seller Indemnified Party, and the Buyer Parties shall Purchaser agrees to pay promptly to any Seller Purchaser Indemnified Party, the amount of all damages, losses, deficiencies, liabilities, costs, expenses, claims, claims and other obligations to which the foregoing indemnities relate.

Appears in 1 contract

Samples: Assets Purchase Agreement (Therapeutic Solutions International, Inc.)

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