Common use of Specific Indemnification Clause in Contracts

Specific Indemnification. 12.1 The Contractor shall fully indemnify, save harmless and defend the Purchaser from and against any and all damages in favor of any third parties (including, without limitation, Purchaser's shareholders, each of their subsidiaries, and the directors, officers, agents and employees of each of them) with respect to (a) failure of the Contractor or its agents to comply with the Law and Consents, (b) failure of the Contractor or its agents to make payments of taxes relating to the Contractor's income or other taxes required to be paid by the Contractor pursuant to this Contract without reimbursement or compensation hereunder or (c) any hazardous or toxic materials the Contractor or its agents have at any time brought on and caused the release thereof from the Site. Purchaser shall fully indemnify, save harmless and defend the Contractor from and against any and all damages in favor of any third parties (including, without limitation, its shareholders and subsidiaries, and the directors, officers, agents and employees of each of them) with respect to (a) failure of the Purchaser or any of its agents to comply with Law and Consents, (b) failure of Purchaser or its agents to make timely payments of taxes relating to the Purchaser's income or other taxes required to be paid by the Purchaser hereunder, and (c) any hazardous or toxic materials the Purchaser, or any of its other agents have brought on and caused the release thereof from the Site or any other hazardous or toxic materials found on or under the Site.

Appears in 2 contracts

Sources: Engineering, Procurement, Construction and Commissioning Contract (Mission NewEnergy LTD), Engineering, Procurement, Construction and Commissioning Contract (Mission NewEnergy LTD)