Common use of Covenants of the Vendors Clause in Contracts

Covenants of the Vendors. 4.2.1 Each of the Vendors shall jointly and severally indemnify and save harmless the Purchaser and the officers and directors of the Purchaser from and against all claims, actions, demands, suits, proceedings, losses, damages, fines, liabilities (whether accrued, actual, contingent or otherwise), costs and expenses, including reasonable environmental characterization and remediation costs, reasonable lawyers fees and other reasonable consultants fees, directly or indirectly suffered by the Purchaser and the officers and directors of the Purchaser from any breach of any covenant of the Vendors contained in this Agreement or from any inaccuracy or misrepresentation in any representation or warranty set forth in Section 3.1 notwithstanding any information obtained by the Purchaser at or before the Closing Date as to such inaccuracy or misrepresentation.