Common use of Purchaser's Indemnification of Seller Clause in Contracts

Purchaser's Indemnification of Seller. Purchaser shall indemnify, hold harmless and defend Seller from and against any breach by Purchaser of any representation or warranty contained herein and all claims, losses, liabilities, demands and obligations, including reasonable attorneys' fees and expenses, real estate taxes, intangibles and franchise taxes, sales and use taxes, social security and unemployment taxes, all accounts payable and operating expenses (including salaries, rents and utility charges), which Seller may receive, suffer or incur in connection with operations and transactions occurring after the Effective Time and which involve the Banking Facilities, the Transferred Assets or the liabilities assumed pursuant to this Agreement.

Appears in 2 contracts

Samples: Purchase and Assumption Agreement (Republic Bancshares Inc), Purchase and Assumption Agreement (Republic Bancshares Inc)

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Purchaser's Indemnification of Seller. Purchaser shall indemnify, hold harmless and defend Seller from and against any breach by Purchaser of any representation representation, warranty or warranty covenant contained herein and all claims, losses, liabilities, demands and obligations, including reasonable attorneys' fees and expenses, real estate taxes, intangibles and franchise taxes, sales and use taxes, social security and unemployment taxes, all accounts payable and operating expenses (including salaries, rents and utility charges), which Seller may receive, suffer or incur in connection with operations and transactions occurring after the Effective Time and which involve the Banking FacilitiesCenters, the Transferred Assets assets transferred or the liabilities assumed pursuant to this Agreement.

Appears in 1 contract

Samples: Purchase and Assumption Agreement (Newsouth Bancorp Inc)

Purchaser's Indemnification of Seller. Purchaser shall indemnify, defend and hold harmless and defend Seller from and against any breach by Purchaser of any representation or warranty contained herein and in the Exhibits hereto and all claims, losses, liabilities, demands and obligations, including reasonable attorneys' fees and expenses, real estate taxes, intangibles and franchise taxes, sales and use taxes, social security and unemployment taxes, all accounts payable and operating expenses (including salaries, rents and utility charges), which Seller may receive, suffer or (i) incur in connection with operations and transactions occurring after the Effective Time and (ii) which involve involve, subsequent to the Banking FacilitiesEffective Time, the Transferred Assets Branch Office, the assets transferred or the liabilities assumed pursuant to this Agreement.

Appears in 1 contract

Samples: Branch Purchase and Assumption Agreement (Bank Corp of Georgia)

Purchaser's Indemnification of Seller. Purchaser shall indemnify, hold harmless and defend Seller from and against any breach by Purchaser of any representation or warranty contained herein and all claims, losses, liabilities, demands and obligations, including reasonable attorneys' fees and expenses, real estate taxes, intangibles and franchise taxes, sales and use taxes, social security and unemployment taxes, all accounts payable and operating expenses (including salaries, rents and utility charges), which Seller may receive, suffer or incur in connection with operations and transactions occurring after the Effective Time and which involve the Banking FacilitiesBranch Offices, the Transferred Assets or Assets, the liabilities assumed pursuant to this AgreementAgreement or the Employees.

Appears in 1 contract

Samples: Purchase and Assumption Agreement (First Essex Bancorp Inc)

Purchaser's Indemnification of Seller. Purchaser shall indemnify, hold harmless harmless, and defend Seller from and against any breach by Purchaser of any representation or warranty contained herein and all claims, losses, liabilities, demands demands, and obligations, including reasonable attorneys' fees and expenses, real estate taxes, intangibles and franchise taxes, sales and use taxes, social security and unemployment taxes, all accounts payable payable, and operating expenses (including salaries, rents rents, and utility charges), which that Seller may receive, suffer suffer, or incur in connection with operations and transactions occurring after the Effective Time and which that involve the Banking FacilitiesCenter, the Transferred Assets Assets, or the liabilities assumed by Purchaser pursuant to this Agreement.

Appears in 1 contract

Samples: Purchase and Assumption Agreement (CNB Financial Services Inc)

Purchaser's Indemnification of Seller. Purchaser shall indemnify, hold harmless and defend Seller from and against any breach by Purchaser or inaccuracy of any representation or warranty contained herein and all claims, losses, liabilities, demands and obligations, including reasonable attorneys' fees and expenses, real estate taxes, intangibles and franchise taxes, sales and use taxes, social security and unemployment taxes, all accounts payable and operating expenses (including salaries, rents and utility charges), which Seller may receive, suffer or incur in connection with operations and transactions occurring after the Effective Time and which involve the Banking FacilitiesCenter, the Transferred Assets assets transferred or the liabilities assumed pursuant to this Agreement.

Appears in 1 contract

Samples: Purchase and Assumption Agreement (Abc Bancorp)

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Purchaser's Indemnification of Seller. Purchaser shall ------------------------------------------ indemnify, hold harmless and defend Seller from and against any breach by Purchaser of any representation or warranty contained herein and all claims, losses, liabilities, demands and obligations, including reasonable attorneys' fees and expenses, and all real estate taxes, intangibles and franchise taxes, sales and use taxes, social security and unemployment taxes, all accounts payable and operating expenses (including salaries, rents and utility charges), which that Seller may receive, suffer or incur in connection with operations and transactions occurring after the Effective Time and which that involve the Banking FacilitiesCenters, the Transferred Assets assets transferred or the liabilities assumed pursuant to this Agreement.

Appears in 1 contract

Samples: Purchase and Assumption Agreement (First South Bancorp Inc /Va/)

Purchaser's Indemnification of Seller. Purchaser shall indemnify, hold harmless and defend Seller from and against any breach by Purchaser of any representation or warranty contained herein and all claims, losses, liabilities, demands and obligations, including reasonable attorneys' fees and expenses, and all real estate taxes, intangibles and franchise taxes, sales and use taxes, social security and unemployment taxes, all accounts payable and operating expenses (including salaries, rents and utility charges), which that Seller may receive, suffer or incur in connection with operations and transactions occurring after the Effective Time and which that involve the Banking FacilitiesCenter, the Transferred Assets assets transferred or the liabilities assumed pursuant to this Agreement.

Appears in 1 contract

Samples: Purchase and Assumption Agreement (First Bancorp /Nc/)

Purchaser's Indemnification of Seller. Purchaser shall indemnify, defend and hold harmless and defend Seller from and against any breach by Purchaser of any representation representation, warranty or warranty obligation contained herein and in the Exhibits hereto and all claims, losses, liabilities, demands and obligations, including reasonable attorneys' fees and expenses, real estate taxes, intangibles and franchise taxes, sales and use taxes, social security and unemployment taxes, all accounts payable and operating expenses (including salaries, rents and utility charges), which Seller may receive, suffer or (i) incur in connection with operations and transactions occurring after the Effective Time and (ii) which involve involve, subsequent to the Banking FacilitiesEffective Time, the Transferred Assets Branch Office, the assets transferred or the liabilities assumed pursuant to this Agreement.

Appears in 1 contract

Samples: Branch Purchase and Assumption Agreement (Crescent Banking Co)

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