Common use of Representations and Warranties by Both Parties Clause in Contracts

Representations and Warranties by Both Parties. 6.1 Each party (a) represents and warrants to the other parties hereto that it has retained no finder or broker in connection with the transactions contemplated by this Agreement, and (b) hereby agrees to indemnify and to hold harmless the other parties hereto from and against any liability for any commission or compensation in the nature of a finder’s fee of any broker or other person or firm (and the costs and expenses of defending against such liability or asserted liability) for which the indemnifying party or any of its employees or representatives are responsible. 6.2 The Company shall not be liable for any breach of the Company’s Warranties: (a) to the extent it arises as a result of legislation which comes into force after the Completion Date and which is retrospective in effect; or (b) which, being a liability in respect of taxation, arises by reason of an increase in the rates of taxation made after the Completion Date with retrospective effect.