Common use of Purchaser’s Indemnification Clause in Contracts

Purchaser’s Indemnification. Purchaser agrees to indemnify, hold harmless, reimburse and defend the Company and each of the Company's officers, directors, agents, affiliates, control persons and principal shareholders, at all times against any claim, cost, expense, liability, obligation, loss or damage (including reasonable legal fees) of any nature, incurred by or imposed upon the Company which results, arises out of or is based upon: (i) any misrepresentation by Purchaser or breach of any warranty by Purchaser in this Agreement or any Related Agreement or in any exhibits or schedules attached hereto thereto; or (ii) any breach or default in performance by Purchaser of any covenant or undertaking to be performed by Purchaser hereunder, under any Related Agreement or any other agreement entered into by the Company and Purchaser relating hereto.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Elec Communications Corp), Securities Purchase Agreement (Elec Communications Corp)

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Purchaser’s Indemnification. The Purchaser agrees to indemnify, ---------------------------- hold harmless, reimburse and defend the Company and each of the Company's officers, directors, agents, affiliates, control persons and principal shareholders, at all times against any claimclaims, costcosts, expenseexpenses, liabilityliabilities, obligationobligations, loss losses or damage damages (including reasonable legal fees) of any nature, incurred by or imposed upon the Company which resultsresult, arises arise out of or is are based upon: (i) any misrepresentation by the Purchaser or breach of any warranty by the Purchaser in this Agreement or any Related Agreement or in any exhibits or schedules attached hereto theretoor any Related Agreement; or (ii) any breach or default in performance by the Purchaser of any covenant or undertaking to be performed by the Purchaser hereunder, under any Related Agreement or any other agreement entered into by the Company and the Purchaser relating hereto.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Texhoma Energy Inc), Securities Purchase Agreement (New Century Energy Corp.)

Purchaser’s Indemnification. Purchaser agrees to indemnify, hold harmless, reimburse and defend the Company and each of the Company's ’s officers, directors, agents, affiliates, control persons and principal shareholders, at all times against any claim, cost, expense, liability, obligation, loss or damage (including reasonable legal fees) of any nature, incurred by or imposed upon the Company which results, arises out of or is based upon: (i) any misrepresentation by Purchaser or breach of any warranty by Purchaser in this Agreement or Agreement, any Related Agreement or in any exhibits or schedules attached hereto or thereto; or (ii) any breach or default in performance by Purchaser of any covenant or undertaking to be performed by Purchaser hereunder, under any other Related Agreement Agreement, or any other agreement entered into by the Company and Purchaser relating hereto.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Coach Industries Group Inc), Securities Purchase Agreement (Coach Industries Group Inc)

Purchaser’s Indemnification. The Purchaser agrees to indemnify, hold harmless, reimburse and defend the each Company and each of the such Company's officers, directors, agents, affiliates, control persons and principal shareholders, at all times against any claimclaims, costcosts, expenseexpenses, liabilityliabilities, obligationobligations, loss losses or damage damages (including reasonable legal fees) of any nature, incurred by or imposed upon the such Company which resultsresult, arises arise out of or is are based upon: (i) any misrepresentation by the Purchaser or breach of any warranty by the Purchaser in this Agreement or any Related Agreement or in any exhibits or schedules attached hereto theretoor any Related Agreement; or (ii) any breach or default in performance by the Purchaser of any covenant or undertaking to be performed by the Purchaser hereunder, under any Related Agreement or any other agreement entered into by the such Company and the Purchaser relating hereto.

Appears in 1 contract

Samples: Securities Purchase Agreement (Pacific Energy Resources LTD)

Purchaser’s Indemnification. The Purchaser agrees to indemnify, hold harmless, reimburse and defend the Company and each of the Company's ’s officers, directors, agents, affiliates, control persons and principal shareholders, at all times against any claim, cost, expense, liability, obligation, loss or damage (including reasonable legal fees) of any nature, incurred by or imposed upon the Company which results, arises out of or is based upon: (i) any misrepresentation by the Purchaser or breach of any warranty by the Purchaser in this Agreement or any Related Agreement or in any exhibits or schedules attached hereto theretoor any Related Agreement; or (ii) any breach or default in performance by the Purchaser of any covenant or undertaking to be performed by the Purchaser hereunder, under any Related Agreement or any other agreement entered into by the Company and the Purchaser relating hereto.

Appears in 1 contract

Samples: Securities Purchase Agreement (Bio Key International Inc)

Purchaser’s Indemnification. (a) The Purchaser agrees to indemnify, hold harmless, reimburse and defend the Company and each of the Company's officers, directors, agents, affiliates, control persons and principal shareholders, at all times against any claimclaims, costcosts, expenseexpenses, liabilityliabilities, obligationobligations, loss losses or damage damages (including reasonable legal fees) of any nature, incurred by or imposed upon the Company which resultsresult, arises arise out of or is are based upon: (i) any misrepresentation by the Purchaser or breach of any warranty by the Purchaser in this Agreement or any Related Agreement or in any exhibits or schedules attached hereto theretoor any Related Agreement; or (ii) any breach or default in performance by the Purchaser of any covenant or undertaking to be performed by the Purchaser hereunder, under any Related Agreement or any other agreement entered into by the Company and the Purchaser relating hereto.

Appears in 1 contract

Samples: Securities Purchase Agreement (Auxilio Inc)

Purchaser’s Indemnification. The Purchaser agrees to indemnify, hold harmless, reimburse and defend the Company and each of the Company's ’s officers, directors, agents, affiliates, control persons and principal shareholders, at all times against any claimclaims, costcosts, expenseexpenses, liabilityliabilities, obligationobligations, loss losses or damage damages (including reasonable legal fees) of any nature, incurred by or imposed upon the Company which resultsresult, arises arise out of or is are based upon: (ia) any misrepresentation by the Purchaser or breach of any representation or warranty by the Purchaser in this Agreement or any Related Agreement or in any exhibits or schedules attached hereto theretoor any Related Agreement; or (iib) any breach or default in performance by the Purchaser of any covenant or undertaking to be performed by the Purchaser hereunder, under any Related Agreement or any other agreement entered into by the Company and the Purchaser relating hereto.

Appears in 1 contract

Samples: Securities Purchase Agreement (Blast Energy Services, Inc.)

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Purchaser’s Indemnification. Purchaser agrees to indemnify, ---------------------------- hold harmless, reimburse and defend the Company and each of the Company's officers, directors, agents, affiliates, control persons and principal shareholders, at all times against any claim, cost, expense, liability, obligation, loss or damage (including reasonable legal fees) of any nature, incurred by or imposed upon the Company which results, arises out of or is based upon: (i) any misrepresentation by Purchaser or breach of any warranty by Purchaser in this Agreement or any Related Agreement or in any exhibits or schedules attached hereto theretoor any Related Agreement; or (ii) any breach or default in performance by Purchaser of any covenant or undertaking to be performed by Purchaser hereunder, under any Related Agreement or any other agreement entered into by the Company and Purchaser relating hereto.

Appears in 1 contract

Samples: Securities Purchase Agreement (Sequiam Corp)

Purchaser’s Indemnification. 7.2 Purchaser's Indemnification Purchaser agrees to indemnify, hold harmless, reimburse and defend the Company and each of the Company's officers, directors, agents, affiliates, control persons and principal shareholders, at all times against any claim, cost, expense, liability, obligation, loss or damage (including reasonable legal fees) of any nature, incurred by or imposed upon the Company which results, arises out of or is based upon: upon (i) any misrepresentation by Purchaser or breach of any warranty by Purchaser in this Agreement or any Related Agreement or in any exhibits or schedules attached hereto theretoor any Related Agreement; or (ii) any breach or default in performance by Purchaser of any covenant or undertaking to be performed by Purchaser hereunder, under any Related Agreement or any other agreement entered into by the Company and Purchaser relating hereto.

Appears in 1 contract

Samples: Securities Purchase Agreement (Global Sports & Entertainment Inc/)

Purchaser’s Indemnification. The Purchaser agrees to indemnify, --------------------------- hold harmless, reimburse and defend the Company and each of the Company's officers, directors, agents, affiliates, control persons and principal shareholders, at all times against any claimclaims, costcosts, expenseexpenses, liabilityliabilities, obligationobligations, loss losses or damage damages (including reasonable legal fees) of any nature, incurred by or imposed upon the Company which resultsresult, arises arise out of or is are based upon: (i) any misrepresentation by the Purchaser or breach of any warranty by the Purchaser in this Agreement or any Related Agreement or in any exhibits or schedules attached hereto theretoor any Related Agreement; or (ii) any breach or default in performance by the Purchaser of any covenant or undertaking to be performed by the Purchaser hereunder, under any Related Agreement or any other agreement entered into by the Company and the Purchaser relating hereto.

Appears in 1 contract

Samples: Securities Purchase Agreement (Elec Communications Corp)

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