Common use of Indemnification by Guarantors Clause in Contracts

Indemnification by Guarantors. The Guarantors other than Lori each severally agree to indemnify and hold harmless Sell▇▇ ▇nd, prior to the Closing, the Company, from and against all Damages asserted against or incurred by Seller or the Company, as the case may be, as a result of any breach of any representation, covenant or agreement by any such Guarantor contained herein.

Appears in 2 contracts

Sources: Stock Purchase Agreement (Artra Group Inc), Stock Purchase Agreement (Lori Corp)

Indemnification by Guarantors. The Guarantors other than Lori each severally agree to indemnify and hold harmless Sellhnd▇▇ess Seller and, prior to the Closing, the Company, from and against all Damages asserted against or incurred by Seller or the Company, as the case may be, as a result of any breach of any representation, covenant or agreement by any such Guarantor contained herein.

Appears in 1 contract

Sources: Stock Purchase Agreement (Spectrum Information Technologies Inc)