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

Indemnification Provisions for Benefit of the Sellers. The Buyer agrees to indemnify the Sellers from and against all Losses resulting from, arising out of, relating to, in the nature of or caused by (a) the breach of any representation or warranty of the Buyer contained in Section 4 or (b) the breach of any covenant of the Buyer contained in this Agreement.

Appears in 2 contracts

Samples: Membership Interest Purchase Agreement (Crystalix Group International Inc), Membership Interest Purchase Agreement (Seaena Inc.)

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Indemnification Provisions for Benefit of the Sellers. The Buyer agrees to indemnify the Sellers from and against all Losses the entirety of any Adverse Consequences the Sellers may suffer resulting from, arising out of, relating to, in the nature of of, or caused by (a) the any breach of any representation or warranty of the Buyer contained in Section 4 or (b) the breach of any covenant of the Buyer Buyer’s representations, warranties, and covenants contained in this Agreement.

Appears in 1 contract

Samples: Asset Purchase Agreement (Taser International Inc)

Indemnification Provisions for Benefit of the Sellers. The In the event the Buyer breaches any of its representations, warranties, and covenants contained in this Agreement, then the Buyer agrees to indemnify each of the Sellers from and against all Losses the entirety of any Adverse Consequences suffered by the Sellers resulting from, arising out of, relating to, in the nature of or caused by (a) the breach of any representation or warranty of the Buyer contained in Section 4 or (b) the breach of any covenant of the Buyer contained in this Agreementbreach.

Appears in 1 contract

Samples: Share Purchase Agreement (International Fuel Technology Inc)

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Indemnification Provisions for Benefit of the Sellers. (i) The Buyer agrees to indemnify the Sellers from and against all the entirety of Losses the Sellers may suffer resulting from, arising out of, relating to, in the nature of of, or caused by (a) the Buyer's breach of any representation material representation, warranty or warranty of the Buyer contained in Section 4 or (b) the breach of any covenant of the Buyer contained in this Agreementcovenant.

Appears in 1 contract

Samples: Agreement (Canterbury Information Technology Inc)

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