Common use of Specific Indemnity Clause in Contracts

Specific Indemnity. 11.1 The Seller shall indemnify the Purchaser for any and all Damages, resulting from any and all payments made or to be made by the Purchaser under the Transferred Liabilities to the extent that such payments relate to the period up to the Closing Date or to events, circumstances or facts occurred prior to the Closing Date; 11.2 The limitations set out in Clause 8 and Clause 9 shall not apply to this specific indemnity.

Appears in 3 contracts

Samples: Asset Purchase Agreement (Crailar Technologies Inc), Asset Purchase Agreement (Crailar Technologies Inc), Asset Purchase Agreement (Crailar Technologies Inc)

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Specific Indemnity. 11.1 9.1 The Seller shall indemnify the Purchaser for any and all Damages, resulting from any and all payments made or to be made by the Purchaser under the Transferred Liabilities to the extent that such payments relate to the period up to the Closing Date or to events, circumstances or facts occurred prior to the Closing Date; 11.2 9.2 The limitations set out in Clause 8 6 and Clause 9 7 shall not apply to this specific indemnity.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Crailar Technologies Inc), Asset Purchase Agreement (Crailar Technologies Inc)

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