Common use of Mutual Releases Clause in Contracts

Mutual Releases. Buyer shall be deemed to have released the Seller Indemnified Parties at Closing from any and all Losses for which Buyer has agreed to indemnify the Seller Indemnified Parties hereunder, and Seller shall be deemed to have released the Buyer Indemnified Parties at Closing from any and all Losses for which Seller has agreed to indemnify the Buyer Indemnified Parties hereunder.

Appears in 3 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement (Oasis Petroleum Inc.), Purchase and Sale Agreement (Diamondback Energy, Inc.)

AutoNDA by SimpleDocs

Mutual Releases. Buyer shall be deemed to have released the Seller Indemnified Parties Parties, at Closing Closing, from any and all Losses for which Buyer has agreed to indemnify the Seller Indemnified Parties hereunder, and Seller shall be deemed to have released the Buyer Indemnified Parties Parties, at Closing Closing, from any and all Losses for which Seller has agreed to indemnify the Buyer Indemnified Parties hereunder.

Appears in 3 contracts

Samples: Purchase and Sale Agreement (Callon Petroleum Co), Purchase and Sale Agreement (Cimarex Energy Co), Asset Purchase and Sale Agreement (Plains Exploration & Production Co)

Mutual Releases. Buyer shall be deemed to have released the Seller Indemnified Parties Parties, at Closing Closing, from any and all Losses for which Buyer Xxxxx has agreed to indemnify the Seller Indemnified Parties hereunderhereunder for the duration of such indemnities, and Seller shall be deemed to have released the Buyer Indemnified Parties Parties, at Closing Closing, from any and all Losses for which Seller has have agreed to indemnify the Buyer Indemnified Parties hereunder.hereunder for the duration of such indemnities.β€Œ contrary:β€Œ

Appears in 1 contract

Samples: Stock and Membership Interest Purchase Agreement

Mutual Releases. Buyer shall be deemed to have released the Seller Indemnified Parties at Closing from any and all Losses for which Buyer Xxxxx has agreed to indemnify the Seller Indemnified Parties hereunder, and Seller shall be deemed to have released the Buyer Indemnified Parties at Closing from any and all Losses for which Seller Xxxxxx has agreed to indemnify the Buyer Indemnified Parties hereunder.

Appears in 1 contract

Samples: Purchase and Sale Agreement

AutoNDA by SimpleDocs

Mutual Releases. Buyer shall be deemed to have released the Seller Sellers Indemnified Parties Parties, at Closing Closing, from any and all Losses for which Buyer has agreed to indemnify the Seller Sellers Indemnified Parties hereunder, and Seller Sellers shall be deemed to have released the Buyer Indemnified Parties Parties, at Closing Closing, from any and all Losses for which Seller has Sellers have agreed to indemnify the Buyer Indemnified Parties hereunderhereunder (to the extent of the dollar or time limitations on such indemnity).

Appears in 1 contract

Samples: Purchase and Sale Agreement (Synergy Resources Corp)

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