Common use of Ceding Company’s Obligation to Indemnify Clause in Contracts

Ceding Company’s Obligation to Indemnify. The Ceding Company hereby agrees to indemnify, defend and hold harmless the Assuming Company and its officers, directors, stockholders, employees, representatives, successors, and assigns (collectively, the “Assuming Company Indemnified Parties”) from and against any and all losses incurred by the Assuming Company Indemnified Parties to the extent arising from (i) any breach by the Ceding Company of the covenants and agreements of the Ceding Company contained in this Agreement, (ii) without duplication, Ceding Company Extra-Contractual Obligations relating to the Novated Contracts, and (iii) any successful enforcement of this indemnity.

Ceding Company’s Obligation to Indemnify. The Ceding Company hereby agrees to indemnify, defend and hold harmless the Assuming Company and its Affiliates and their respective officers, directors, stockholders, employees, representatives, successors, and assigns (collectively, the “Assuming Company Indemnified Parties”) from and against any and all losses Losses incurred by the Assuming Company Indemnified Parties to the extent arising from (i) any breach by the Ceding Company of the representations, warranties, covenants and agreements of the Ceding Company contained in this Agreement, (ii) without duplication, but subject to Section 2.8, Ceding Company Extra-Contractual Obligations relating to the Novated Contracts, and (iii) any successful enforcement of this indemnity.