Common use of Vendor’s Indemnity Clause in Contracts

Vendor’s Indemnity. 8.1 If there shall be any breach by the Vendors of any warranty, guarantee, undertaking and agreement herein contained, then the Purchaser shall be entitled to be indemnified by the Vendors in respect of any loss resulting from such breach. 8.2 Without prejudice to the generality of the foregoing, if the effect of any such breach is that The said Company and HST has incurred or incurs any liability or contingent liability which would not have been incurred had there been no such breach, then the Vendors shall make good to The said Company and HST the amount of the loss occasioned by such liability by payment in cash to The said Company and HST.

Appears in 1 contract

Samples: Agreement (Sino Agro Food, Inc.)

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Vendor’s Indemnity. 8.1 If there shall be any breach by the Vendors of any warranty, guarantee, undertaking and agreement herein contained, then the Purchaser shall be entitled to be indemnified by the Vendors in respect of any loss resulting from such breach. 8.2 Without prejudice to the generality of the foregoing, if the effect of any such breach is that The said Company and HST ZHONGXING has incurred or incurs any liability or contingent liability which would not have been incurred had there been no such breach, then the Vendors shall make good to The said Company and HST ZHONGXING the amount of the loss occasioned by such liability by payment in cash to The said Company and HSTZHONGXING.

Appears in 1 contract

Samples: Agreement (Sino Agro Food, Inc.)

Vendor’s Indemnity. 8.1 If there shall be any breach by the Vendors of any warranty, guarantee, undertaking and agreement herein contained, then the Purchaser shall be entitled to be indemnified by the Vendors in respect of any loss resulting from such breach. 8.2 Without prejudice to the generality of the foregoing, if the effect of any such breach is that The said Company and HST has incurred or incurs any liability or contingent liability which would not have been incurred had there been no such breach, then the Vendors shall make good to The said Company and HST the amount of the loss occasioned by such liability by payment in cash to The said Company and HSTCompany.

Appears in 1 contract

Samples: Sales and Purchase of Equity Agreement (Sino Agro Food, Inc.)

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Vendor’s Indemnity. 8.1 If there shall be any breach by the Vendors of any warranty, guarantee, undertaking and agreement herein contained, then the Purchaser shall be entitled to be indemnified by the Vendors in respect of any loss resulting from such breach. 8.2 Without prejudice to the generality of the foregoing, if the effect of any such breach is that The said Company and HST TQST has incurred or incurs any liability or contingent liability which would not have been incurred had there been no such breach, then the Vendors shall make good to The said Company and HST TQST the amount of the loss occasioned by such liability by payment in cash to The said Company and HSTTQST.

Appears in 1 contract

Samples: Agreement (Sino Agro Food, Inc.)

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