Common use of Payment of Indemnification Obligations Clause in Contracts

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.)

AutoNDA by SimpleDocs

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

Samples: Securities Purchase Agreement (Evtc 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 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)

AutoNDA by SimpleDocs

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)

Time is Money Join Law Insider Premium to draft better contracts faster.