Common use of Obligation of Buyer to Indemnify Clause in Contracts

Obligation of Buyer to Indemnify. Buyer agrees to indemnify, defend and hold harmless each Seller (and any successor or assignee thereof) from and against any Losses suffered or incurred by such Seller or any of the foregoing persons arising out of any breach of the representations and warranties of Buyer or of the covenants and agreements of Buyer contained in this Agreement or in the Schedules or any other Transaction Document.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Preferred Employers Holdings Inc), Stock Purchase Agreement (Preferred Employers Holdings Inc)

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Obligation of Buyer to Indemnify. Buyer agrees to indemnify, defend and hold harmless each Seller (and any successor director, officer, employee, Affiliate or assignee successors and assigns of any thereof) from and against any Losses suffered or incurred by such either Seller or any of the foregoing persons arising out of (i) any breach of the representations and warranties of Buyer or of the covenants and agreements of Buyer contained in this Agreement or in the Schedules or any other Transaction Document; or (ii) any Assumed Liabilities.

Appears in 1 contract

Samples: Stock Purchase Agreement (Premier Parks Inc)

Obligation of Buyer to Indemnify. Buyer agrees to indemnify, defend and hold harmless each the Seller (and any successor or assignee thereofthe Seller's heirs executors administrators, personal representatives and successors) from and against any Losses suffered or incurred by such Seller or any of the foregoing persons arising out of any breach of the representations and warranties of Buyer or of the covenants and agreements of Buyer contained in this Agreement or in the Schedules or any other Transaction Document.all Claims, losses, liabilities, damages, deficiencies, judgments,

Appears in 1 contract

Samples: Stock Purchase Agreement (Beverly Hills LTD Inc)

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Obligation of Buyer to Indemnify. Buyer agrees to indemnify, defend and hold harmless each Seller Sellers (and any successor or assignee thereofits directors, officers, employees, affiliates, stockholders, agents, attorneys, successors and assigns) from and against any Losses suffered or incurred by such Seller or any of the foregoing persons based upon, arising out of or otherwise in respect of any breach of the representations and warranties of Buyer (i) inaccuracy in any representation or of the covenants and agreements warranty of Buyer contained in this Agreement or in the Schedules Exhibits hereto or (ii) breach by Buyer of any other Transaction Documentcovenant or agreement contained in this Agreement.

Appears in 1 contract

Samples: Stock Purchase Agreement (Trinad Capital L.P.)

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