Seller’s Indemnification of Buyer. Upon Closing, each Seller shall, severally and jointly, defend, indemnify, and save and hold harmless Buyer, its officers, directors, employees and agents, from and against all Losses which arise directly or indirectly from or in connection with (i) the Retained Liabilities, and (ii) any breach by Sellers of their representations, warranties and/or covenants under this Agreement.
Appears in 4 contracts
Samples: Purchase and Sale Agreement (American Eagle Energy Inc.), Purchase and Sale Agreement (Eternal Energy Corp.), Purchase and Sale Agreement (American Eagle Energy Inc.)
Seller’s Indemnification of Buyer. Upon ClosingIf the Closing occurs, each Seller shall, severally and jointly, Sellers shall defend, indemnify, and save and hold harmless Buyer, its officers, directors, employees and agents, from and against all Losses which arise directly or indirectly from or in connection with (i) the Retained Liabilities, Liabilities and (ii) any breach by Sellers of their representations, warranties and/or covenants under this Agreement.
Appears in 1 contract
Samples: Purchase and Sale Agreement (Carbon Natural Gas Co)
Seller’s Indemnification of Buyer. Upon Closing, each Seller shall, severally and jointly, shall defend, indemnify, and save and hold harmless Buyer, its officers, directors, employees and agents, from and against all Losses which arise directly or indirectly from or in connection with (i) the Retained Liabilities, and (ii) any breach by Sellers Seller of their representations, warranties and/or covenants under this Agreement.
Appears in 1 contract
Samples: Lease Acquisition Agreement (American Eagle Energy Inc.)
Seller’s Indemnification of Buyer. Upon Closing, each Seller shall, severally and jointly, defend, indemnifyindemnify (on an after-tax basis), and save and hold harmless Buyer, its officers, directors, employees and agents, from and against all Losses which arise directly or indirectly from or in connection with (i) the Retained Liabilities, and (ii) any breach by Sellers of their representations, warranties and/or covenants under this Agreement.
Appears in 1 contract
Samples: Purchase and Sale Agreement (AMERICAN EAGLE ENERGY Corp)
Seller’s Indemnification of Buyer. Upon Subject to Section 9.11, upon Closing, each Seller shall, severally and jointly, shall defend, indemnify, and save and hold harmless Buyer, its officers, directors, employees and agents, from and against all Losses which arise directly or indirectly from or in connection with (i) the Retained Liabilities, and (ii) any breach by Sellers Seller of their representations, warranties and/or covenants under this AgreementAgreement or relate to ownership or operation of the Assets prior to the Effective Time.
Appears in 1 contract
Samples: Lease Acquisition Agreement (American Energy Development Corp.)
