Common use of Indemnifiable Losses Clause in Contracts

Indemnifiable Losses. The term "Indemnifiable Losses" shall mean any and all liabilities, obligations, claims, actions, damages, civil and criminal penalties and fines, out-of-pocket costs and expenses (including any reasonable attorneys' and other professional fees), relating to, resulting from or arising out of any breach of any representation, warranty, covenant, agreement or undertaking by the indemnifying party and contained in this Agreement.

Appears in 3 contracts

Samples: Exchange Agreement (Biofarm Inc), Exchange Agreement (Biofarm Inc), Exchange Agreement (Biofarm Inc)

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Indemnifiable Losses. The term "Indemnifiable Losses" shall mean means with respect to any claim by an Indemnitee for indemnification authorized pursuant to this Agreement, any and all losses, liabilities, claims, damages, obligations, claimspayments, actions, damages, civil and criminal penalties and fines, out-of-pocket costs and expenses (including including, without limitation, the costs and expenses of any and all Actions, demands, claims, assessments, judgments, settlements and compromises relating thereto and reasonable attorneys' fees and other professional fees), relating to, resulting from or arising out of any breach of any representation, warranty, covenant, agreement or undertaking expenses in connection therewith) suffered by the indemnifying party and contained in this Agreementsuch Indemnitee with respect to such claim.

Appears in 1 contract

Samples: General Assignment and Assumption Agreement (Metavante Corp)

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