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

Indemnification Provisions for Benefit of the Seller. In the event the Purchasers breach (or in the event any third party alleges facts that, if true, would mean the Purchasers has breached) any of its representations, warranties, and covenants contained herein, and, if there is an applicable survival period pursuant to Section 13(a) above, provided that the Seller makes a written claim for indemnification against the Purchasers within such survival period, then the Purchasers shall indemnify the Seller from and against the entirety of any Adverse Consequences the Seller may suffer through and after the date of the claim for indemnification (including any Adverse Consequences the Seller 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 3 contracts

Samples: Stock Purchase Agreement (Applied Medical Devices Inc), Stock Purchase Agreement (Smi Products Inc), Stock Purchase Agreement (Castle & Morgan Holdings Inc)

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Indemnification Provisions for Benefit of the Seller. In the event the Purchasers breach Purchaser breaches (or in the event any third party alleges facts that, if true, would mean the Purchasers Purchaser has breached) any of its representations, warranties, and covenants contained herein, and, if there is an applicable survival period pursuant to Section 13(a) during the Survival Period above, provided that the Seller makes a written claim for indemnification against the Purchasers Purchaser within such survival periodthe Survival Period, then the Purchasers Purchaser shall indemnify the Seller from and against the entirety of any Adverse Consequences the Seller may suffer through and after the date of the claim for indemnification (including any Adverse Consequences the Seller may suffer after the end of any applicable survival periodSurvival Period) resulting from, arising out of, relating to, in the nature of, or caused by the breach (or the alleged breach).

Appears in 3 contracts

Samples: Stock Purchase Agreement (Laurier International Inc), Stock Purchase Agreement (Yacht Finders, Inc.), Stock Purchase Agreement (Laurier International Inc)

Indemnification Provisions for Benefit of the Seller. (i) In the event the Purchasers breach Buyer breaches (or in the event any third party alleges facts that, if true, would mean the Purchasers Buyer has breached) any of its material representations, warranties, and covenants contained hereinin the Asset Purchase Agreement, and, if there is an applicable survival period pursuant to Section 13(a) above, provided that the Seller makes a written claim for indemnification against Buyer within the Purchasers within such survival periodperiod set forth in Section 8(a) above, then the Purchasers shall Buyer agrees to indemnify the Seller from and against the entirety of any Adverse Consequences losses the Seller may suffer through and after the date of the claim for indemnification (including any Adverse Consequences Losses the Seller may suffer after the end of any applicable survival period) 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: Asset Purchase Agreement (Western Power & Equipment Corp), Agreement (E Machinery Net Inc)

Indemnification Provisions for Benefit of the Seller. In the event the Purchasers breach Purchaser breaches (or in the event any third party alleges facts that, if true, would mean the Purchasers Purchaser has breached) any of its representations, warranties, and covenants contained herein, and, if there is an applicable survival period pursuant to Section 13(a) above12(a), provided that the Seller makes a written claim for indemnification against the Purchasers Purchaser within such survival period, then the Purchasers Purchaser shall indemnify the Seller from and against the entirety of any Adverse Consequences the Seller may suffer through and after the date of the claim for indemnification (including any Adverse Consequences the Seller 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: Stock Purchase Agreement (Industrial Electric Services Inc)

Indemnification Provisions for Benefit of the Seller. In the event the Purchasers breach (or in the event any third party alleges facts that, if true, would mean the Purchasers has breached) any of its their representations, warranties, and covenants contained herein, and, if there is an applicable survival period pursuant to Section 13(a11(a) above, provided that the Seller makes a written claim for indemnification against the Purchasers within such survival period, then the Purchasers shall indemnify the Seller from and against the entirety of any Adverse Consequences the Seller may suffer through and after the date of the claim for indemnification (including any Adverse Consequences the Seller 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: Stock Purchase Agreement (Blink Couture Inc.)

Indemnification Provisions for Benefit of the Seller. In the event the Purchasers breach Purchaser breaches (or in the event any third party alleges facts that, if true, would mean the Purchasers Purchaser has breached) any of its representations, warranties, and covenants warranties contained herein, and, if there is an applicable survival period pursuant to Section 13(a) above8.1 hereof, provided that the Seller makes a written claim for indemnification against the Purchasers Purchaser pursuant to Section 10.7 below within such survival period, then the Purchasers shall Purchaser agrees to indemnify the Seller from and against the entirety of any Adverse Consequences the Seller may suffer through and after the date of the claim for indemnification (including any Adverse Consequences the Seller 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)

Indemnification Provisions for Benefit of the Seller. In the event the Purchasers breach Buyer breaches (or in the event any third party alleges facts that, if true, would mean the Purchasers Buyer has breached) any of its representations, warranties, and covenants contained herein, and, if there is an applicable survival period pursuant to Section 13(a) above, provided that the Seller makes a written claim for indemnification against the Purchasers within such survival periodBuyer pursuant to Section 11(h) below, then the Purchasers shall Buyer agrees to indemnify the Seller from and against the entirety of any Adverse Consequences the Seller may suffer through and after the date of the claim for indemnification (including any Adverse Consequences the Seller 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: Stock Purchase Agreement (National Vision Associates LTD)

Indemnification Provisions for Benefit of the Seller. In the event the Purchasers breach (or in the event any third party alleges facts that, if true, would mean the Purchasers has have breached) any of its their representations, warranties, and covenants contained herein, and, if there is an applicable survival period pursuant to Section 13(a12(a) above, provided that the Seller makes a written claim for indemnification against the Purchasers within such survival period, then the Purchasers shall indemnify the Seller from and against the entirety of any Adverse Consequences the Seller may suffer through and after the date of the claim for indemnification (including any Adverse Consequences the Seller 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: Stock Purchase Agreement (Travel Hunt Holdings Inc)

Indemnification Provisions for Benefit of the Seller. In the event the Purchasers breach (or in the event any third party alleges facts that, if true, would mean the Purchasers has breached) any of its representations, warranties, and covenants contained herein, and, if there is an applicable survival period pursuant to Section 13(a12(a) above, provided that the Seller makes a written claim for indemnification against the Purchasers within such survival period, then the Purchasers shall indemnify the Seller from and against the entirety of any Adverse Consequences the Seller may suffer through and after the date of the claim for indemnification (including any Adverse Consequences the Seller 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: Stock Purchase Agreement (Cape Coastal Trading Corp)

Indemnification Provisions for Benefit of the Seller. In the event the Purchasers breach Buyer breaches (or in the event any third party alleges facts that, if true, would mean the Purchasers Buyer has breached) any of its representations, warranties, and covenants contained herein, and, if there is an applicable survival period pursuant to Section 13(a) above, and provided that the Seller makes a written claim for indemnification against the Purchasers Buyer pursuant to Section 16 within such any applicable survival periodperiod described in Section 7(a), then the Purchasers shall Buyer agrees to indemnify the Seller from and against the entirety of any Adverse Consequences the Seller may suffer through and after the date of the claim for indemnification (including any Adverse Consequences the Seller 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: Common Stock Purchase Agreement (Sutter Holding Co Inc)

Indemnification Provisions for Benefit of the Seller. In the event the Purchasers Purchaser breach (or in the event any third party alleges facts that, if true, would mean the Purchasers Purchaser has breached) any of its representations, warranties, and covenants contained herein, and, if there is an applicable survival period pursuant to Section 13(a10(a) above, provided that the Seller makes a written claim for indemnification against the Purchasers Purchaser within such survival period, then the Purchasers Purchaser shall indemnify the Seller from and against the entirety of any Adverse Consequences the Seller may suffer through and after the date of the claim for indemnification (including any Adverse Consequences the Seller 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: Stock Purchase Agreement (TradeOn Inc.)

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Indemnification Provisions for Benefit of the Seller. In the event the Purchasers breach Purchaser breaches (or in the event any third party alleges facts that, if true, would mean the Purchasers Purchaser has breached) any of its representations, warranties, and covenants contained herein, and, if there is an applicable survival period pursuant to Section 13(a12(a) above, provided that the Seller makes a written claim for indemnification against the Purchasers Purchaser within such survival period, then the Purchasers Purchaser shall indemnify the Seller from and against the entirety of any Adverse Consequences the Seller may suffer through and after the date of the claim for indemnification (including any Adverse Consequences the Seller 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: Stock Purchase Agreement (Cyberspace Vita, Inc.)

Indemnification Provisions for Benefit of the Seller. In the event the Purchasers breach (or in the event any third party alleges facts that, if true, would mean the Purchasers has breached) any of its representations, warranties, and covenants contained herein, and, if there is an applicable survival period pursuant to Section 13(a11(a) above, provided that the Seller makes a written claim for indemnification against the Purchasers within such survival period, then the Purchasers shall indemnify the Seller from and against the entirety of any Adverse Consequences the Seller may suffer through and after the date of the claim for indemnification (including any Adverse Consequences the Seller 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: Securities Purchase Agreement (Equicap Inc)

Indemnification Provisions for Benefit of the Seller. (i) In the event the Purchasers breach Seller breaches (or in the event any third party alleges facts that, if true, would mean the Purchasers MMM has breached) any of its material representations, warranties, and covenants contained hereinin the Asset Purchase Agreement, and, if there is an applicable survival period pursuant to Section 13(a) above, provided that the Seller Buyer makes a written claim for indemnification against the Purchasers Seller within such the survival periodperiod set forth in Section8(a) above, then the Purchasers shall MMM, jointly and severally, agrees to indemnify the Seller Buyer from and against the entirety of any Adverse Consequences losses the Seller Buyer may suffer through and after the date of the claim for indemnification (including any Adverse Consequences Losses the Seller Buyer may suffer after the end of any applicable survival period) 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: Purchase (Science Dynamics Corp)

Indemnification Provisions for Benefit of the Seller. In the event the Purchasers breach Purchaser breaches (or in the event any third party alleges facts that, if true, would mean the Purchasers Purchaser has breached) any of its representations, warranties, and covenants warranties contained herein, and, if there is an applicable survival period pursuant to Section 13(a) above11.1 hereof, provided that the Seller makes a written claim for indemnification against the Purchasers Purchaser pursuant to Section 12.7 below within such survival period, then the Purchasers shall Purchaser agrees to indemnify the Seller from and against the entirety of any Adverse Consequences the Seller may suffer through and after the date of the claim for indemnification (including any Adverse Consequences the Seller 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: Call Option Agreement (Mobile Telesystems Ojsc)

Indemnification Provisions for Benefit of the Seller. In the event the Purchasers breach (or in the event any third party alleges facts that, if true, would mean the Purchasers has breached) Buyer breaches any of its representations, warranties, and covenants contained herein, and, if there is an applicable survival period pursuant to Section 13(a8(a) above, provided that the Parent or the Seller makes a written claim for indemnification against the Purchasers Buyer pursuant to Section 10(h) below within such survival period, then the Purchasers shall Buyer agrees to indemnify the Parent and the Seller from and against the entirety of any Adverse Consequences the Parent or the Seller may suffer through and after the date of the claim for indemnification (including any Adverse Consequences the Parent or the Seller 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: Stock Purchase Agreement (Commonwealth Biotechnologies Inc)

Indemnification Provisions for Benefit of the Seller. In the event the Purchasers breach Buyer breaches (or in the event any third party alleges facts that, if true, would mean the Purchasers Buyer has breached) any of its representations, warranties, and covenants contained herein, and, if there is an applicable survival period pursuant to Section 13(a) above, provided that the Seller makes a written claim for indemnification against the Purchasers Buyer pursuant to Section 7.9 below within such the survival periodperiod specified in Section 6.1 hereof, then the Purchasers shall Buyer, as applicable, agree to indemnify the Seller from and against the entirety of any Adverse Consequences the Seller may suffer through and after the date of the claim for indemnification (including any Adverse Consequences the Seller may suffer after the end of any applicable the 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: Stock Purchase Agreement (Geokinetics Inc)

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