Common use of Indemnification Provisions for Benefit of the Purchaser Clause in Contracts

Indemnification Provisions for Benefit of the Purchaser. In the event any of the Sellers breaches (or in the event any third party alleges facts that, if true, would mean the Seller has breached), in a manner which has a material adverse effect on the Purchaser, any of such Seller's representations, warranties, and covenants contained herein and, provided that the Purchaser makes a written claim for indemnification against the Seller pursuant to Section 9(c)(i) below, then the Sellers and the Group, jointly and severally, agree to indemnify the Purchaser from and against the entirety of any Adverse Consequences the Purchaser may suffer through and after the date of the claim for indemnification (including any Adverse Consequences the Purchaser may suffer after the end of any applicable survival period) resulting from, arising out of, relating to, in the nature of, or caused by the breach (or the alleged breach). or otherwise.

Appears in 3 contracts

Samples: Stock Purchase Agreement (Seafield Capital Corp), Stock Purchase Agreement (Response Oncology Inc), Stock Purchase Agreement (Seafield Capital Corp)

AutoNDA by SimpleDocs

Indemnification Provisions for Benefit of the Purchaser. (i) In the event any of the Sellers Seller breaches (or in the event any third party alleges facts that, if true, would mean the Seller has breached), in a manner which has a material adverse effect on the Purchaser, ) any of such Seller's its representations, warranties, and covenants contained herein herein, and, if there is an applicable survival period pursuant to Section 12(a) above, provided that the Purchaser makes a written claim for indemnification against the Seller pursuant to Section 9(c)(i) belowwithin such survival period, then the Sellers and the Group, jointly and severally, agree to Seller shall indemnify the Purchaser from and against the entirety of any Adverse Consequences the Purchaser may suffer through and after the date of the claim for indemnification (including any Adverse Consequences the Purchaser may suffer after the end of any applicable survival period) resulting from, arising out of, relating to, in the nature of, or caused by the breach (or the alleged breach). or otherwise.For purposes of this Agreement, “

Appears in 1 contract

Samples: Stock Purchase Agreement (Cyberspace Vita, Inc.)

AutoNDA by SimpleDocs

Indemnification Provisions for Benefit of the Purchaser. (i) In the event any of the Sellers breaches (or in the event any third party alleges facts that, if true, would mean any of the Seller Sellers has breached), in a manner which has a material adverse effect on the Purchaser, ) any of such Seller's their representations, warranties, and covenants contained herein herein, and, provided that the Purchaser makes a written claim for indemnification against any of the Seller Sellers pursuant to Section 9(c)(i10(h) belowbelow within such survival period, then each of the Sellers and agrees to indemnify the GroupPurchaser, jointly and severally, agree to indemnify the Purchaser from and against the entirety of any Adverse Consequences the Purchaser may suffer through and after the date of the claim for indemnification (including any Adverse Consequences the Purchaser may suffer after the end of any applicable survival period) resulting from, arising out of, relating to, in the nature of, or caused by the breach (or the alleged breach). or otherwise.

Appears in 1 contract

Samples: Stock Purchase Agreement (Relocate 411 Com Inc /)

Time is Money Join Law Insider Premium to draft better contracts faster.