Common use of Subsequent Purchasers Clause in Contracts

Subsequent Purchasers. Buyer agrees to pass on to any subsequent purchaser the language contained in Sections 7 and 8 (or substantially similar wording) dealing with indemnity, warranty, limitations on warranty, and limitation of liability. Should Buyer fail to bind its customers to such terms and conditions of sale, BUYER AGREES TO DEFEND, INDEMNIFY AND HOLD HARMLESS OCEANEERING FROM AND AGAINST ALL CLAIMS, DEMANDS, EXPENSES, SUITS, AWARDS, JUDGMENTS, AND OTHER DAMAGES WHICH ARE ASSESSED OR AWARDED AGAINST OCEANEERING, AND TO REIMBURSE OCEANEERING FOR ALL COSTS OCEANEERING MAY INCUR (INCLUDING REASONABLE ATTORNEY’S FEES) AS A RESULT OF BUYER FAILING TO COMPLY WITH THIS PROVISION.

Subsequent Purchasers. Buyer agrees to pass on to any subsequent purchaser the language contained in Sections 7 and 8 (or substantially similar wording) dealing with indemnity, warranty, limitations on warranty, and limitation of liability. Should Buyer fail to bind its customers to such terms and conditions of sale, BUYER AGREES TO DEFEND, INDEMNIFY AND HOLD HARMLESS OCEANEERING SELLER FROM AND AGAINST ALL CLAIMS, DEMANDS, EXPENSES, SUITS, AWARDS, JUDGMENTS, AND OTHER DAMAGES WHICH ARE ASSESSED OR AWARDED AGAINST OCEANEERING, AND TO REIMBURSE OCEANEERING FOR ALL COSTS OCEANEERING MAY INCUR (INCLUDING REASONABLE ATTORNEY’S FEES) AS A RESULT OF BUYER FAILING TO COMPLY WITH THIS PROVISION.