Common use of Agent Indemnity Clause in Contracts

Agent Indemnity. The Purchaser warrants to the Vendor that the Purchaser has not been introduced to the property by any estate agent or agency (other than the agent or agency [if any] nominated in this contract) and hereby agrees to indemnify the Vendor against any claim by any estate agent or agency due to the Purchaser’s breach or alleged breach of this warranty to the intent that all damages, costs and expenses on a solicitor and client basis which may be incurred by the Vendor in respect of any such claim or alleged claim shall be paid by the Purchaser to the Vendor. The Vendor warrants to the Purchaser that the Vendor has not given any estate agent or agency (other than the agent or agency [if any] nominated in this contract) a sole or exclusive agency for the sale of the property. It is hereby agreed that this clause shall not merge on completion.