Specific Indemnity. Without affecting the generality of Section 5.3(a), each Warrantor hereby agrees to jointly and severally indemnify each Indemnified Person against any and all Indemnifiable Losses suffered by such Indemnified Person as a result of, or based upon or arising from any claim, Liability or penalty which has been made or imposed or may hereafter be made or imposed by any Governmental Authority or any other Person arising out of or in connection with (x) the non-compliance by any Group Company with articles 176 or 192 of the PRC Criminal Law, and (y) any non-payment or underpayment of Tax or Social Insurance or housing fund contributions by any Group Companies. Such indemnification shall not be prejudiced by or be otherwise subject to any disclosure and shall apply regardless of whether the Indemnified Person have any knowledge, actual or constructive, with respect thereto.
Appears in 4 contracts
Samples: Series B Share Purchase Agreement (Meili Auto Holdings LTD), Share Purchase Agreement (Meili Auto Holdings LTD), Series B Share Purchase Agreement (Meili Auto Holdings LTD)
