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

Indemnification Provisions for Benefit of the Purchaser. (i) Subject to Section 8.2(ii), in the event the Seller breaches any of its warranties contained herein, provided that the Purchaser makes a written claim for indemnification against the Seller pursuant to Section 10.7 below within the period set forth in Section 8.1, then the Seller agrees to indemnify the Purchaser from and against 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).

Appears in 2 contracts

Samples: Participation Interest Purchase Agreement (Mobile Telesystems Ojsc), Participation Interest Purchase Agreement (Mobile Telesystems Ojsc)

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Indemnification Provisions for Benefit of the Purchaser. (i) Subject to Section 8.2(ii12.2(ii), in the event the Seller breaches any of its warranties contained herein, provided that the Purchaser makes a written claim for indemnification against the Seller pursuant to Section 10.7 13.7 below within the period set forth in Section 8.112.1, then the Seller agrees to indemnify the Purchaser from and against 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).

Appears in 1 contract

Samples: Put and Call Option Agreement (Mobile Telesystems Ojsc)

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Indemnification Provisions for Benefit of the Purchaser. (i) Subject to Section 8.2(ii), in the event that any of the Seller or DT breaches any of its respective warranties contained herein, provided that the Purchaser makes a written claim for indemnification against the Seller and DT pursuant to Section 10.7 below within the period set forth in Section 8.1, then each of the Seller and DT agrees to indemnify the Purchaser from and against 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).

Appears in 1 contract

Samples: Participation Interest Purchase Agreement (Mobile Telesystems Ojsc)

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