Common use of Purchaser’s liability regime Clause in Contracts

Purchaser’s liability regime. 9.1. The Purchaser hereby represents and warrants to the Seller that every statement set forth in Schedule 9.1 (the “Purchaser’s Representations and Warranties”) is correct, accurate and complete in all material respects on the date hereof. 9.2. Subject to the limitations set forth in this Clause, the Purchaser hereby agrees that, from and after the date hereof, it shall fully indemnify, defend and hold harmless the Seller from, against and in respect of any Damages (as defined below) imposed on or suffered by the Seller relating to or arising out of: (i) the breach, untruthfulness or error of any of the Purchaser’s Representations and Warranties made by the Purchaser in connection with this Agreement and any document executed, signed or delivered to the Seller on the date hereof (the “Inaccuracy of the Purchaser’s Representations and Warranties”); (ii) the breach of any covenant or obligation of the Purchaser pursuant to (a) this Agreement, other than an Inaccuracy of the Purchaser’s Representations and Warranties; (both to be jointly referred to as a “Purchaser’s Breach”). 9.3. For the purposes of this Clause, “Damages” shall have the same meaning ascribed to that term under Clause 7.2.2, mutandis mutandis.

Appears in 4 contracts

Samples: Shares Sale and Purchase Agreement (Mountain & Co. I Acquisition Corp.), Shares Sale and Purchase Agreement (Mountain & Co. I Acquisition Corp.), Shares Sale and Purchase Agreement (Mountain & Co. I Acquisition Corp.)

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