Buyer Indemnification Sample Clauses
Buyer Indemnification. Buyer agrees to indemnify and hold Seller harmless from any and all claims, damages and liabilities arising from Buyer' breach of their representations and warranties set forth in this Agreement.
Buyer Indemnification. BUYER HEREBY INDEMNIFIES AND SHALL DEFEND AND HOLD SELLER, AFFILIATES THEREOF, AND ITS AND THEIR RESPECTIVE OWNERS, OFFICERS, DIRECTORS, EMPLOYEES, AGENTS, REPRESENTATIVES, CONTRACTORS, SUCCESSORS, AND ASSIGNS HARMLESS FROM AND AGAINST ANY AND ALL OF THE FOLLOWING CLAIMS ARISING FROM BUYER'S INSPECTING AND OBSERVING THE PROPERTIES: (I) CLAIMS FOR PERSONAL INJURIES TO OR DEATH OF EMPLOYEES OF BUYER, ITS CONTRACTORS, AGENTS, CONSULTANTS, AND REPRESENTATIVES, AND DAMAGE TO THE PROPERTY OF BUYER OR OTHERS ACTING ON BEHALF OF BUYER, EXCEPT FOR INJURIES OR DEATH CAUSED BY THE GROSS NEGLIGENCE OR WILLFUL MISCONDUCT OF SELLER, AFFILIATES THEREOF OR ITS OR THEIR RESPECTIVE EMPLOYEES, CONTRACTORS, AGENTS, CONSULTANTS, OR REPRESENTATIVES; AND (II) CLAIMS FOR PERSONAL INJURIES TO OR DEATH OF EMPLOYEES OF SELLER OR THIRD PARTIES, AND DAMAGE TO THE PROPERTY OF SELLER OR THIRD PARTIES, TO THE EXTENT CAUSED BY THE NEGLIGENCE, GROSS NEGLIGENCE, OR WILLFUL MISCONDUCT OF BUYER. TO THE EXTENT PROVIDED ABOVE, THE FOREGOING INDEMNITY INCLUDES, AND THE PARTIES INTEND IT TO INCLUDE, AN INDEMNIFICATION OF THE INDEMNIFIED PARTIES FROM AND AGAINST CLAIMS ARISING OUT OF OR RESULTING, IN WHOLE OR PART, FROM THE CONDITION OF THE PROPERTY OR THE SOLE, JOINT, COMPARATIVE, OR CONCURRENT NEGLIGENCE OR STRICT LIABILITY OF ANY OF THE INDEMNIFIED PARTIES. THE PARTIES HERETO AGREE THAT THE FOREGOING COMPLIES WITH THE EXPRESS NEGLIGENCE RULE AND IS CONSPICUOUS.
Buyer Indemnification. In addition to the indemnity provided by the Supplier in Section 2.6(c), the Supplier shall indemnify, defend and hold the Buyer, the System Operator, the Government of Ontario, the members of the Government of Ontario’s Executive Council, and their respective Affiliates, and each of the foregoing Persons’ respective directors, officers, employees, shareholders, advisors, and agents (including contractors and their employees) (collectively, the “Indemnitees”) harmless from and against any and all claims, demands, suits, losses, damages, liabilities, penalties, obligations, payments, costs and expenses and accrued interest thereon (including the costs and expenses of, and accrued interest on, any and all actions, suits, proceedings for personal injury (including death) or property damage, assessments, judgments, settlements and compromises relating thereto and reasonable lawyers’ fees and reasonable disbursements in connection therewith) (each, an “Indemnifiable Loss”), asserted against or suffered by the Indemnitees relating to, in connection with, resulting from, or arising out of:
(a) any occurrence or event relating to the Facility, except to the extent that any injury or damage is attributable to the negligence or wilful misconduct of the Indemnitees or the failure of the Indemnitees to comply with Laws and Regulations; or
(b) any breach by the Supplier of any representations, warranties, and covenants contained in this Agreement, except to the extent that any injury or damage is attributable to the negligence or wilful misconduct of the Indemnitees. For greater certainty, in the event of contributory negligence or other fault of the Indemnitees, then such Indemnitees shall not be indemnified hereunder in the proportion that the Indemnitees’ negligence or other fault contributed to any Indemnifiable Loss.
Buyer Indemnification. Subject to the terms and conditions of this Article IX, the Buyer agrees to indemnify and hold harmless the Sellers, their officers, directors, shareholders and Affiliates and the successors and assigns of each of them (the party or parties being indemnified under this Section 9.2 collectively referred to herein as the "Sellers Indemnified Party") (either of the Sellers Indemnified Party or the Buyer Indemnified Party shall be referred to hereinafter as an "Indemnified Party") from and against Losses imposed upon or incurred by the Sellers Indemnified Party, directly or indirectly resulting from or arising out of (i) any breach of any representation or warranty of the Buyer contained herein and any actual or threatened action or proceeding in connection therewith, (ii) any failure to comply with any covenant or other agreement of the Buyer contained herein and any actual or threatened action or proceeding in connection therewith, (iii) any claim or demand for commission or other compensation arising out of the transactions contemplated by this Agreement by any broker, finder or agent claiming to be entitled thereto resulting from an act or acts of the Buyer, or (iv) any other liability or obligation of the Buyer. Each matter for which the Buyer has agreed to provide indemnification pursuant to this Section 9.2 is hereinafter referred to individually as a "Sellers Claim" and collectively as the "Sellers Claims".
Buyer Indemnification. Buyer hereby agrees to indemnify and hold Seller and each of its Affiliates, and the officers, directors, employees and agents thereof, harmless from and against any and all Losses arising out of, based upon, attributable to or resulting from any breach of any representation, warranty, agreement or covenant on the part of Buyer contained in or made pursuant to this Agreement or any certificate delivered pursuant to Section 9.4 of this Agreement.
Buyer Indemnification. Notwithstanding any provision to the contrary in this Agreement, in no event shall Seller be liable for any loss, damage or product failure attributable to any service, product, or actions of any person other than Seller, its employees and duly authorized agents. Seller shall not be liable for and Buyer shall, subject to the limitation of liability governing this Agreement, indemnify Seller against all third party claims and liability required to be paid by Seller to the extent arising out (i) Buyer’s specifications or instructions,
Buyer Indemnification. Buyer shall indemnify, protect, defend and hold harmless Seller from any claim, loss, damage, cost or expense, including all reasonable attorneys’ fees, asserted against or suffered by Seller resulting from (i) third party claims that arise due to Buyer’s breach after Closing of an agreement entered into or expressly assumed by Buyer or its agents with respect to the Property, (ii) third party claims for personal injury or property damage that arise from events that occur on the Property after Closing, and (iii) any breach of Buyer’s representations and warranties contained in this Agreement.
Buyer Indemnification. Buyer agrees to indemnify Seller and PDK and their respective officers, directors, employees and representatives (the "Seller Indemnitees") and hold them harmless against any Loss which any Seller Indemnitee may suffer, sustain or become subject to, as the result of (i) the breach by Buyer of any representation, warranty, covenant or agreement made by Buyer contained in this Agreement or in any writing delivered by Buyer in connection with this Agreement (without taking into account any disclosures made by Buyer pursuant to Section 6.7 hereof), (ii) any action, demand, proceeding, investigation or claim by a third party (including governmental agencies) against or affecting any Seller Indemnitee which, if successful, would give rise to or evidence the existence of or relate to a breach of any of the representations, warranties, covenants or agreements of Buyer, (iii) any claims of any brokers or finders claiming by, through or under Buyer or (iv) the assertion against any Seller Indemnitee of any liability or claim against any Seller Indemnitee relating to any Assumed Liability. With respect to any claim or claims for breaches of representations and warranties contained in Article 6 hereof, Buyer will not be liable with respect to any such claim unless written notice of a possible claim for indemnification with respect to such breach or alleged breach is given by PDK to Buyer on or before the first anniversary of the Closing Date, it being understood that so long as such written notice is given on or prior to such date, such representations and warranties shall continue to survive until such matter is resolved. Notwithstanding the foregoing, any breaches or alleged breaches of the covenants or agreements contained herein, including, without limitation, any breach or alleged breach of the covenants or agreements contained in this Article 8, shall survive the Closing and will not be subject to any time limitations. With respect to claim or claims for breaches or alleged breaches of representations and warranties contained in Article 6 hereof, Buyer will not have any obligation to indemnify any Seller Indemnitee from and against such Losses by reason of all such breaches (or alleged breaches) until the Seller Indemnitees have suffered Losses by reason of all such breaches (or alleged breaches) in excess of $50,000, and then only to the extent that such Losses exceed such amount.
Buyer Indemnification. (a) Subject to the terms and conditions set forth in this Agreement, Sellers will in accordance with their Pro Rata Percentage indemnify, defend and hold harmless the Buyer Parties and their respective officers, directors, employees and Affiliates (including, from and after the Closing, the Target Companies) (collectively, the “Buyer Indemnitees”) from and against all Damages actually asserted against or actually incurred by any Buyer Indemnitee as a result of or arising out of:
(i) (A) any Taxes of a Target Company with respect to Pre-Closing Tax Periods, including, without limitation, any Tax imposed on any Target Company attributable to the making of the Section 338(h)(10) Election (including (i) any Tax imposed under section 1374 of the Code, (ii) any Tax imposed under Treasury Regulations Section 1.338(h)(10)-1(d)(2), or (iii) any state, local or foreign Tax imposed on Target Company’s gain, provided, however, Sellers will not be liable for, and their indemnification obligations under this Agreement will not apply to any (y) Taxes to the extent such Taxes are taken into account in the Closing Adjustment and (z) Taxes imposed on a Target Company resulting from actions, decisions or elections undertaken or made by Buyer or any of its Affiliates (including the Target Companies) after Closing without Key Seller’s written consent which consent shall not be unreasonably withheld; (B) all Taxes of any member of an affiliated, consolidated, combined or unitary group of which any Target Company (or any predecessor of any of the Target Companies) is or was a member on or prior to the Closing Date, including pursuant to Treasury Regulation Section 1.1502-6 or any analogous or similar state, local or non-U.S. law or regulation; (C) all Taxes of any Person (other than any Target Company) imposed on any Target Company as a transferee or successor, by contract or pursuant to any law, rule, or regulation, which Taxes relate to an event or transaction occurring before the Closing Date;
(ii) the failure of any representation or warranty stated in Article III (other than the Fundamental Representations stated therein and the representations and warranties stated in Section 3.15 (Tax Returns; Taxes)) to be true and correct as of the Effective Date and the Closing Date (or in the case of such representations and warranties that are as of a specific date, the failure of such representations and warranties to be true and correct as of such specified date);
(iii) the failure...
Buyer Indemnification. Buyer agrees to defend, indemnify and hold Seller, its Affiliates and all of their respective parents, Affiliates, subsidiaries, officers, directors, employees, agents, assignees and successors (collectively, the “Seller Indemnified Parties”) harmless at all times from and against and in respect of any and all Losses which any Seller Indemnified Party may suffer or incur either directly or in connection with any claims, demands, actions, causes of action, liabilities, suits, proceedings, investigations, inquiries, injunctions or regulatory actions by a Third Party to the extent such Losses arise from or are based upon a breach by Buyer of any of its representations, agreements, covenants or obligations contained in or made pursuant to this Agreement; provided however, Buyer shall not be required to indemnify any Seller Indemnified Party to the extent such Losses arise from (i) a reckless act of such Seller Indemnified Party, (ii) the negligence or willful misconduct of Seller or its Affiliates or any of their respective employees, agents, contractors or consultants, or (iii) a breach of this Agreement by Seller or its Affiliates.