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

Indemnification Provisions for Benefit of the Sellers. In the event the Buyer breaches (or in the event any third party alleges facts that, if true, would mean the Buyer has breached) any of its representations, warranties, and covenants contained herein, and, if there is an applicable survival period pursuant to Section 6.1 above, provided that any of the Sellers makes a written claim for indemnification against the Buyer pursuant to Section 8.8 below within such survival period, then the Buyer agrees to indemnify each of the Sellers 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 2 contracts

Samples: Membership Interest Purchase Agreement (Nu Skin Enterprises Inc), Stock and Asset Purchase Agreement (Koala Corp /Co/)

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Indemnification Provisions for Benefit of the Sellers. In If the event the Buyer Purchaser breaches (or in the event if any third party alleges facts that, if true, would mean the Buyer Purchaser has breached) any of its representations, warranties, warranties and covenants contained herein, and, if there is an applicable survival period pursuant to Section 6.1 above, provided that any of herein and the Sellers makes make a written claim for indemnification against the Buyer pursuant Purchaser prior to Section 8.8 below within such the expiration of any applicable survival period, then the Buyer agrees to Purchaser shall defend, indemnify each of and hold the Sellers and their Affiliates (collectively, "Sellers' Indemnified Group") harmless from and against the entirety of any Adverse Consequences the Seller which any of them may suffer or incur through and after the date of the written claim for indemnification is made (including any Adverse Consequences the Seller may suffer suffered 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 (Able Telcom Holding Corp)

Indemnification Provisions for Benefit of the Sellers. In the ----------------------------------------------------- event the Buyer breaches (or in the event any third party alleges facts that, if true, would mean the Buyer has breached) any of its representations, warranties, and covenants contained herein, and, if there is an applicable survival period pursuant to Section 6.1 above, provided that any of the Sellers makes a written claim for indemnification against the Buyer pursuant to Section 8.8 8(d) below within such the applicable survival periodperiod set forth in Section 8(a), then the Buyer agrees to indemnify each of the Sellers 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 (Southwest Water Co)

Indemnification Provisions for Benefit of the Sellers. In the event the Buyer breaches (or in the event any third party alleges facts that, if true, would mean the Buyer has breached) any of its representations, warranties, and covenants contained herein, and, if there is an applicable survival period pursuant to Section 6.1 9(a) above, provided that any of the Sellers makes a written claim for indemnification against the Buyer pursuant to Section 8.8 below 11(h) within such survival period, then the Buyer agrees to indemnify each of the Sellers 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: Escrow Agreement (Romac International Inc)

Indemnification Provisions for Benefit of the Sellers. In the event the Buyer breaches (or in the event any third party alleges facts that, if true, would mean the Buyer has breached) any of its representations, warranties, and covenants contained herein, and, if there is an applicable survival period pursuant to Section 6.1 8(a) above, provided that any of the Sellers makes a written claim for indemnification against the Buyer pursuant to Section 8.8 10(h) below within such survival period, then the Buyer agrees to indemnify each of the Sellers 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 (Starbridge Global Inc)

Indemnification Provisions for Benefit of the Sellers. In the event the Buyer breaches (or in the event any third party alleges facts that, if true, would mean the Buyer has breached) any of its representations, warranties, and covenants contained hereinherein (even if one or more of the Sellers knew or had reason to know of any misrepresentation or breach of warranty or covenant at the time of Closing), and, if there is an applicable survival period pursuant to Section 6.1 §8(a) above, provided that any of the Sellers makes make a written claim for indemnification against the Buyer pursuant to Section 8.8 below within such the applicable survival periodperiod stated in §8(a), then the Buyer agrees to indemnify each of the Sellers from and against the entirety of any Adverse Consequences the Seller Sellers may suffer through and after the date of the claim for indemnification (including any Adverse Consequences the Seller Sellers may suffer after the end of any the 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: Purchase Agreement (Elkcorp)

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Indemnification Provisions for Benefit of the Sellers. In the event the Buyer breaches (or in the event any third party alleges facts that, if true, would mean the Buyer has breached) any of its representations, warranties, and covenants contained herein, and, if there is an applicable survival period pursuant to Section 6.1 9.1 above, provided that any of the Sellers makes a written claim for indemnification against the Buyer pursuant to Section 8.8 12.7 below within such survival period, then the Buyer agrees to indemnify each of the Sellers 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 (Remote MDX Inc)

Indemnification Provisions for Benefit of the Sellers. In the event the Buyer breaches (or in the event any third party alleges facts that, if true, would mean the Buyer has breached) any of its representations, warranties, and covenants contained herein, and, if there is an applicable survival period pursuant to Section 6.1 §7(a) above, provided that any of the Sellers makes a written claim for indemnification against the Buyer pursuant to Section 8.8 §9(h) below within such survival period, then the Buyer agrees to indemnify each of the Sellers from and against the entirety of any Adverse Consequences the Individual Seller may suffer through and after the date of the claim for indemnification (including any Adverse Consequences the Individual 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: Unit Purchase Agreement (Beckman Coulter Inc)

Indemnification Provisions for Benefit of the Sellers. In the event the Buyer breaches (or in the event any third party alleges facts that, if true, would mean the Buyer has breached) any of its representations, warranties, and covenants contained herein, and, if there is an applicable survival period pursuant to Section 6.1 above7.1, provided that any of the Sellers makes a written claim for indemnification against the Buyer pursuant to Section 8.8 below SECTION 9.7 within such survival period, then the Buyer agrees to indemnify each of the Sellers 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 (Emrise CORP)

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