Purchaser to Indemnify. Subject to the limitations hereinafter provided in this Article X, the Purchaser covenants and agrees to indemnify and save harmless the Vendor of and from: (1) any loss suffered by the Vendor as a result of any breach of representation, warranty or covenant of the Purchaser contained in this Agreement or in any agreement, certificate or other document delivered or given pursuant to this Agreement; and (2) all claims, actions, causes of action, damages, losses, liabilities, demands, costs and expenses (including legal expenses on a solicitor-client basis) in respect of the foregoing. Subject to the limitations hereinafter provided in this Article X, the liability of the Purchaser under this Section 10.4 shall cease upon the expiration of the respective limitation periods set out in Article IX unless the Purchaser shall have been given notice of any claim hereunder by the Vendor pursuant to this Section 10.4 prior to such date in which event the limitation period shall not apply with respect to such claim.
Appears in 2 contracts
Samples: Share Purchase Agreement (International Barter Corp), Share Purchase Agreement (International Barter Corp)
Purchaser to Indemnify. Subject to the limitations hereinafter provided in this Article X, the Purchaser covenants and agrees to indemnify and save harmless the Vendor Vendors of and from:
(1a) any loss suffered by the Vendor Vendors as a result of any breach of representation, warranty or covenant of the Purchaser contained in this Agreement or in any agreement, certificate or other document delivered or given pursuant to this Agreement; and
(2b) all claims, actions, causes of action, damages, losses, liabilities, demands, costs and expenses (including legal expenses on a solicitor-client basis) in respect of the foregoing. Subject to the limitations hereinafter provided in this Article X, the liability of the Purchaser under this Section 10.4 shall will cease upon the expiration of the respective limitation periods set out in Article IX unless the Purchaser shall will have been given notice of any claim hereunder by the Vendor Vendors pursuant to this Section 10.4 prior to such date in which event the limitation period shall will not apply with respect to such claim.
Appears in 1 contract
Samples: Share Purchase Agreement (Api Electronics Group Inc)