Common use of Indemnification by the Seller and the Shareholders Clause in Contracts

Indemnification by the Seller and the Shareholders. Except as otherwise limited by this Article 8 and Article 9 hereof, the Seller and the Shareholders jointly and severally agree to indemnify, defend and hold the Buyer, Weatxxxxxxx, xxch of their respective Affiliates and each of their respective officers, directors, employees, agents, stockholders and controlling Persons and their respective successors and assigns harmless from and against and in respect of Damages actually suffered, incurred or realized by such party (collectively, "Buyer Losses"), arising out of or resulting from or relating to:

Appears in 1 contract

Samples: Asset Purchase Agreement (Weatherford International Inc /New/)

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Indemnification by the Seller and the Shareholders. Except as otherwise limited by this Article 8 10 and Article 9 11 hereof, the Seller and the Shareholders jointly and severally (in the event of a Closing) agree to indemnify, defend and hold the Buyer, Weatxxxxxxx, xxch of their respective Affiliates Buyer and each of their respective its officers, directors, employeesstockholders, agents, stockholders and controlling Persons and their respective representatives, successors and assigns harmless from and against and in respect of Damages actually suffered, incurred or realized by such party (collectively, "“General Buyer Losses"), arising out of or resulting from or relating to:

Appears in 1 contract

Samples: Asset Purchase Agreement (DXP Enterprises Inc)

Indemnification by the Seller and the Shareholders. Except as otherwise limited by this Article 8 10 and Article 9 11 hereof, the Seller and the Shareholders jointly and severally agree to indemnify, defend and hold the Buyer, Weatxxxxxxx, xxch of their respective Affiliates Buyer and each of their respective its officers, directors, employeesstockholders, agents, stockholders and controlling Persons and their respective representatives, successors and assigns (“Buyer Group”) harmless from and against and in respect of Damages actually suffered, incurred or realized by such party (collectively, "“General Buyer Losses"), arising out of or resulting from or relating to:

Appears in 1 contract

Samples: Asset Purchase Agreement (DXP Enterprises Inc)

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Indemnification by the Seller and the Shareholders. Except as otherwise limited by this Article 8 and Article 9 hereof, the Seller and each of the Shareholders Shareholders, jointly and severally severally, agree to indemnify, defend and hold the BuyerBuyer and Weatherford, Weatxxxxxxx, xxch each of their respective Affiliates and each of their respective officers, directors, employees, agents, stockholders and controlling Persons and their respective successors and assigns harmless from and against and in respect of Damages actually suffered, incurred or realized by such party (collectively, "Buyer Losses"), arising out of or resulting from or relating to:

Appears in 1 contract

Samples: Asset Purchase Agreement (Weatherford International Inc /New/)

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