Payment of Indemnification Obligations. Each Party shall pay promptly to any Indemnified Party the amount of all damages, losses, deficiencies, liabilities, costs, expenses, claims and other obligations to which the foregoing provisions of this Article 15 relates.
Appears in 2 contracts
Samples: Asset Purchase Agreement, Asset Purchase Agreement (UniTek Global Services, Inc.)
Payment of Indemnification Obligations. Each Party shall pay promptly to any Indemnified Party the amount of all damages, losses, deficiencies, liabilities, costs, expenses, claims and other obligations Losses to which the foregoing provisions of this Article 15 indemnity relates.
Appears in 2 contracts
Samples: Asset Purchase Agreement (Strategic Diagnostics Inc/De/), Stock Purchase Agreement (Phoenix International Life Sciences Inc)
Payment of Indemnification Obligations. Each Party indemnifying party shall pay promptly to any Indemnified Party the amount of all damages, losses, deficiencies, liabilities, costs, expenses, claims and other obligations to which the foregoing provisions of this Article 15 X relates.
Appears in 1 contract
Payment of Indemnification Obligations. Each Party shall pay promptly to any Indemnified Party the amount of all damages, losses, deficiencies, liabilities, costs, expenses, claims and other obligations Losses to which the foregoing indemnity relates, subject to the limitations and provisions of this Article 15 relatesAgreement.
Appears in 1 contract
Samples: Stock Purchase Agreement (Strategic Diagnostics Inc/De/)
Payment of Indemnification Obligations. Each Party shall promptly pay promptly to any Indemnified Party the amount of all damages, losses, deficiencies, liabilities, costs, expenses, claims and other obligations to which the foregoing provisions of this Article 15 relatesXIII relates together with interest thereon from the date of assertion of such Claims at the prime rate in effect from time to time as announced by PNC Bank, National Association.
Appears in 1 contract
Samples: Asset Purchase Agreement (Portec Rail Products Inc)
Payment of Indemnification Obligations. Each Party shall will promptly pay promptly to any Indemnified Party the amount of all damages, losses, deficiencies, liabilities, costs, expenses, claims and other obligations to which the foregoing provisions of this Article 15 relates.12 relates together with interest thereon from the date of assertion of such Claims at the prime rate in effect from time to time as announced by Wexxx Xargo, N.A.
Appears in 1 contract
Samples: Agreement for the Purchase and Sale of Stock (MusclePharm Corp)
Payment of Indemnification Obligations. Each Party shall pay promptly to any Indemnified Party the amount of all damages, losses, deficiencies, liabilities, costs, expenses, claims and other obligations to which the foregoing provisions of this Article 15 indemnity relates.
Appears in 1 contract
Samples: Asset Purchase Agreement (Berliner Communications Inc)