Common use of Requirement of Indemnification Clause in Contracts

Requirement of Indemnification. Seller and each Seller, jointly and severally, shall indemnify Purchaser for any loss, cost, expense or other damage (including, without limitation, reasonable attorneys' fees and expenses) suffered by Purchaser resulting from, arising out of, or incurred with respect to the falsity or the breach of any representation, warranty or covenant made by Shareholders herein, and any claims arising from actions by Company or Subsidiaries prior to the Closing Date. Purchaser shall indemnify and hold the Sellers harmless from and against any loss, cost, expense or other damage (including, without limitation, reasonable attorneys' fees and expenses) resulting from, arising out of, or incurred with respect to, or alleged to result from, arise out of or have been incurred with respect to, the falsity or the breach of any representation, covenant, warranty or agreement made by Purchaser herein, and any claims arising from actions of Company or Subsidiaries from and after the Closing Date.