Common use of Terms of Indemnification Clause in Contracts

Terms of Indemnification. Seller agrees to jointly and severally indemnify, defend and hold harmless Purchaser from all Damages (i) proximately caused by the fault or negligence of Seller, its officers, employees or agents; (ii) which relate in any manner to the terms and obligations of this Agreement; (iii) which relate to any other failure by Seller to comply with any terms of this Agreement; (iv) which relate to any failure by Seller to comply with applicable laws and/or regulations in accordance with this Agreement; (v) resulting from any breach of any representation, warranty, covenant or promise made by Seller in this Agreement; and/or (vi) resulting from any and all federal, state or local tax liabilities of Seller that in any manner impact Purchaser.

Appears in 4 contracts

Samples: Agreement for Purchase and Sale of Stock (Salesrepcentral Com Inc), Agreement for Purchase and Sale of Stock (Tech Power, Inc.), Agreement for Purchase and Sale of Stock (Us Biodefense Inc)

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