GGB’s Indemnification Obligations Sample Clauses

GGB’s Indemnification Obligations. Subject to the terms and conditions of this ARTICLE XI, following the Closing, GGB shall indemnify and defend the MXY C Shareholders, the MXY D Shareholders and the Transferors (collectively, the Member Indemnified Parties and each a Member Indemnified Party) against and from all Losses suffered, sustained or incurred by any Member Indemnified Party, whether in respect of third party claims, claims between the parties hereto, or otherwise, to the extent such Losses are as a result of, arising out of, or by virtue of:‌