Common use of Release of Indemnity Obligations Clause in Contracts

Release of Indemnity Obligations. Each Seller covenants and agrees, on or prior to the Closing, to execute and deliver to the Company, for the benefit of the Company and each Subsidiary, a general release and discharge, in form and substance satisfactory to the Purchaser, releasing and discharging the Company and Subsidiary from any and all obligations to indemnify such Seller or otherwise hold it harmless pursuant to any agreement or other arrangement entered into prior to the Closing.

Release of Indemnity Obligations. Each The Seller covenants and agrees, on or prior to the Closing, to execute and deliver to each of the CompanyTransferred Subsidiaries, for the benefit of the Company and each Transferred Subsidiary, a general release and discharge, in form and substance satisfactory to the PurchaserBuyer, releasing and discharging the Company and Subsidiary each of the Transferred Subsidiaries from any and all obligations to indemnify such the Seller or otherwise hold it harmless pursuant to any agreement or other arrangement entered into prior to the Closing.

Release of Indemnity Obligations. Each Seller covenants of the Sellers covenant and agreesagree, on or prior to the Closing, to execute and deliver to the CompanyPurchaser Representative, for the benefit of each of the Company and each SubsidiaryCompanies, a general release General Release and discharge, in form and substance satisfactory to the Purchaser, releasing and discharging the Company and Subsidiary from any and all obligations to indemnify such Seller or otherwise hold it harmless pursuant to any agreement or other arrangement entered into prior to the ClosingDischarge.

Release of Indemnity Obligations. Each Seller covenants -------------------------------- and agrees, on or prior to the Closing, to execute and deliver to the Company, for the benefit of the Company and each its Subsidiary, a general release and discharge, in form and substance satisfactory to the Purchaser, Purchaser releasing and discharging the Company and its Subsidiary from any and all obligations to indemnify such the Seller or otherwise hold it harmless pursuant to any agreement or other arrangement entered into prior to the Closing.

Release of Indemnity Obligations. Each Seller covenants The Sellers and agreesthe Founders covenant and agree, on or prior to the Closing, to execute and deliver to the Company, for the benefit of the Company and each Subsidiary, a general release and discharge, in form and substance satisfactory to the Purchaser, releasing and discharging the Company and Subsidiary from any and all obligations to indemnify such Seller the Sellers and the Founders or otherwise hold it harmless pursuant to any agreement or other arrangement entered into prior to the Closing.

Release of Indemnity Obligations. Each Seller covenants and agrees, on or prior to the Closing, to execute and deliver to the CompanyPurchaser, for the benefit of the Company and each SubsidiaryCompany, a general release General Release and discharge, in form and substance satisfactory to the Purchaser, releasing and discharging the Company and Subsidiary from any and all obligations to indemnify such Seller or otherwise hold it harmless pursuant to any agreement or other arrangement entered into prior to the ClosingDischarge.

Release of Indemnity Obligations. Each Seller covenants and agreesSeller, on or prior to the Closing, to shall execute and deliver to the Company, for the benefit of each of the Company Companies and each Subsidiaryof the Subsidiaries, a general release and discharge, in form and substance satisfactory to the Purchaser, releasing and discharging the Company Companies and Subsidiary each of the Subsidiaries from any and all obligations to pay or indemnify such Seller or its Affiliates, guarantee or secure its or their obligations or otherwise hold it or them harmless pursuant to any agreement or other arrangement entered into prior to the Closing.

Release of Indemnity Obligations. Each Seller covenants The Sellers and agreesthe Founders covenant and agree, on or prior to the Closing, to execute and deliver to the Company, for the benefit of the Company and each Subsidiary, a general release and discharge, in form and substance satisfactory to the Purchaser, releasing and discharging the Company and Subsidiary the WFOE from any and all obligations to indemnify such Seller any of the Sellers and the Founders or otherwise hold it harmless pursuant to any agreement or other arrangement entered into prior to the Closing.

Release of Indemnity Obligations. Each Seller covenants The Sellers covenant and agreesagree, on or prior to the Closing, to execute and deliver to the CompanyCompanies and the Purchaser, for the benefit of the Company and each SubsidiaryCompanies, a general release and discharge, in form and substance satisfactory to the Purchaser, releasing and discharging the Company and Subsidiary Companies from any and all obligations to indemnify such Seller the Sellers or otherwise hold it harmless pursuant to any agreement or other arrangement entered into prior to the Closing.

Release of Indemnity Obligations. Each The Seller covenants and agrees, on or prior to the Closing, to execute and deliver to the Company, for the benefit of the Company and each SubsidiaryCompany, a general release and discharge, in form and substance satisfactory to the Purchaser, Purchaser releasing and discharging the Company and Subsidiary from any and all obligations to indemnify such the Seller or otherwise hold it harmless pursuant to any agreement or other arrangement entered into prior to the Closing.

Release of Indemnity Obligations. Each The Seller covenants and agrees, on or prior to the Closing, to execute and deliver to the CompanyPurchaser, for the benefit of the Company Companies and each Subsidiarythe Transferred Subsidiaries, a general release and discharge, in the form and substance satisfactory to the Purchaserof Exhibit C, releasing and discharging the Company Companies and Subsidiary the Transferred Subsidiaries from any and all obligations to indemnify such the Seller or any Seller Affiliate or otherwise hold it or any Seller Affiliate harmless pursuant to any agreement or other arrangement entered into prior to the Closing.

Release of Indemnity Obligations. Each Seller covenants The Sellers and agreesthe Founders covenant and agree, on or prior to the Closing, to execute and deliver to the Company, for the benefit of the Company and each SubsidiaryAffiliate, a general release and discharge, in form and substance satisfactory to the Purchaser, releasing and discharging the Company and Subsidiary Affiliate from any and all obligations to indemnify such Seller the Sellers and the Founders or otherwise hold it any of them harmless pursuant to any agreement or other arrangement entered into prior to the Closing.