Common use of Indemnification by Purchaser Clause in Contracts

Indemnification by Purchaser. Following the Closing and subject to Sections 11.3 and 11.4, Purchaser (and Purchaser’s permitted assignees to whom any rights of Purchaser are assigned pursuant to Section 9.1 hereof) shall indemnify and hold Seller, its affiliates, members and partners, and the partners, shareholders, officers, directors, employees, representatives and agents of each of the foregoing (collectively, “Seller-Related Entities”) harmless from any and all Losses arising out of, or in any way relating to, (a) any breach of any representation or warranty by Purchaser contained in this Agreement or in any Closing Document, and (b) any breach of any covenant of Purchaser contained in this Agreement which survives the Closing or in any Closing Documents.

Appears in 4 contracts

Sources: Purchase and Sale Agreement (Wells Real Estate Fund I), Purchase and Sale Agreement (Wells Real Estate Fund I), Purchase and Sale Agreement (Wells Real Estate Fund Ix Lp)

Indemnification by Purchaser. Following From and after the Closing and Closing, subject to Sections 11.3 the other terms and 11.4limitations set forth in this Agreement, Purchaser (and Purchaser’s permitted assignees to whom any rights of Purchaser are assigned pursuant to Section 9.1 hereof) shall indemnify indemnify, defend, reimburse and hold harmless each Seller, its affiliates, members Affiliates and partners, and the partners, shareholderstheir respective directors, officers, directorspartners and employees (each such Person, employeesa “Seller Indemnified Party” and, representatives and agents of each of the foregoing (collectively, the Seller-Related EntitiesSeller Indemnified Parties”) harmless from and against any and all Losses actually incurred by any Seller Indemnified Party as a result of, in connection with, relating to or arising out of, or in of any way relating to, (a) inaccuracy or breach of Purchaser’s representations or warranties made in this Agreement, or (b) for any breach of any representation the covenants or warranty by Purchaser contained in this Agreement or in any Closing Document, and (b) any breach of any covenant obligations of Purchaser contained in under this Agreement which survives the Closing or in any Closing DocumentsAgreement.

Appears in 3 contracts

Sources: Purchase and Sale Agreement (Wisconsin Public Service Corp), Purchase and Sale Agreement (Wisconsin Public Service Corp), Purchase and Sale Agreement (Wisconsin Public Service Corp)

Indemnification by Purchaser. Following the Closing and subject to Sections 11.3 12.3 and 11.412.4, Purchaser (and Purchaser’s 's permitted assignees to whom any rights of Purchaser are assigned pursuant to Section 9.1 hereof) shall indemnify and hold Seller, its affiliates, members and partners, and the partners, shareholders, officers, directors, employees, representatives and agents of each of the foregoing (collectively, “Seller-Related Entities”) harmless from any and all Losses arising out of, or in any way relating to, (a) any breach of any representation or warranty by Purchaser contained in this Agreement or in any Closing Document, and (b) any breach of any covenant of Purchaser contained in this Agreement which survives the Closing or in any Closing Documents.

Appears in 2 contracts

Sources: Purchase and Sale Agreement (Wells Mid-Horizon Value-Added Fund I LLC), Purchase and Sale Agreement (Wells Mid-Horizon Value-Added Fund I LLC)

Indemnification by Purchaser. Following the Closing and subject to Sections 11.3 and 11.4, Purchaser (and Purchaser’s permitted assignees any entity controlled by Purchaser to whom any rights of Purchaser are assigned pursuant to Section 9.1 hereof) shall indemnify and hold Seller, its affiliates, members and partners, and the partners, shareholders, officers, directors, employees, representatives and agents of each of the foregoing (collectively, "Seller-Related Entities") harmless from any and all Losses arising out of, or in any way relating to, (a) any breach of any representation or warranty by Purchaser contained in this Agreement or in any Closing Document, and (b) any breach of any covenant of Purchaser contained in this Agreement which survives the Closing or in any Closing Documents.

Appears in 2 contracts

Sources: Purchase and Sale Agreement (Wells Real Estate Fund Viii Lp), Purchase and Sale Agreement (Wells Real Estate Fund Ix Lp)

Indemnification by Purchaser. Following the Closing and subject to Sections 11.3 and 11.4, Purchaser (and Purchaser’s permitted assignees joint venture partners to whom any rights of Purchaser are assigned pursuant to Section 9.1 hereof) shall indemnify and hold Seller, its affiliates, members and partners, and the partners, shareholders, officers, directors, employees, representatives and agents of each of the foregoing (collectively, “Seller-Related Entities”) harmless from any and all Losses arising out of, or in any way relating to, (a) any breach of any representation or warranty by Purchaser contained in this Agreement or in any Closing Document, and (b) any breach of any covenant of Purchaser contained in this Agreement which survives the Closing or in any Closing Documents.

Appears in 2 contracts

Sources: Purchase and Sale Agreement (Wells Real Estate Fund Vii L P), Purchase and Sale Agreement (Wells Real Estate Fund Ix Lp)

Indemnification by Purchaser. Following the Closing and subject to Sections 11.3 12.3 and 11.412.4, Purchaser (and Purchaser’s 's permitted assignees to whom any rights of Purchaser are assigned pursuant to Section 9.1 hereof) shall indemnify and hold Seller, its affiliates, members and partners, and the partners, shareholders, officers, directors, employees, representatives and agents of each of the foregoing (collectively, "Seller-Related Entities") harmless from any and all Losses arising out of, or in any way relating to, (a) any breach of any representation or warranty by Purchaser contained in this Agreement or in any Closing Document, and (b) any breach of any covenant of Purchaser contained in this Agreement which survives the Closing or in any Closing Documents.

Appears in 2 contracts

Sources: Purchase and Sale Agreement (Wells Real Estate Fund Xiii L P), Purchase and Sale Agreement (Wells Real Estate Fund Xiv Lp)

Indemnification by Purchaser. Following the Closing and subject to Sections 11.3 and 11.4, Purchaser (and Purchaser’s permitted assignees to whom any rights of Purchaser are assigned pursuant to Section 9.1 hereof) shall indemnify and hold SellerSellers, its their respective affiliates, members and partners, and the partners, shareholders, officers, directors, employees, representatives and agents of each of the foregoing (collectively, “Seller-Related Entities”) harmless from any and all Losses arising out of, or in any way relating to, (a) any breach of any representation or warranty by Purchaser contained in this Agreement or in any Closing Document, and (b) any breach of any covenant of Purchaser contained in this Agreement which survives the Closing or in any Closing Documents.

Appears in 2 contracts

Sources: Purchase and Sale Agreement (Wells Real Estate Fund Iv L P), Purchase and Sale Agreement (Wells Real Estate Fund Iv L P)

Indemnification by Purchaser. Following the Closing and subject to Sections 11.3 12.3 and 11.412.4, Purchaser (and Purchaser’s permitted assignees to whom any rights of Purchaser are assigned pursuant to Section 9.1 hereof) shall indemnify and hold Seller, its affiliates, members and partners, and the partners, shareholders, officers, directors, employees, representatives and agents of each of the foregoing (collectively, “Seller-Related Entities”) harmless from any and all Losses arising out of, or in any way relating to, (a) any breach of any representation or warranty by Purchaser contained in this Agreement or in any Closing Document, and (b) any breach of any covenant of Purchaser contained in this Agreement which survives the Closing or in any Closing Documents.

Appears in 1 contract

Sources: Purchase and Sale Agreement (Wells Mid-Horizon Value-Added Fund I LLC)

Indemnification by Purchaser. Following the Closing and subject to Sections 11.3 and 11.4, Purchaser (and Purchaser’s permitted assignees to whom any rights of Purchaser are assigned pursuant to Section 9.1 hereof) shall indemnify and hold Seller, its affiliates, members and partners, and the partners, shareholders, members, officers, directors, employees, representatives and agents of each of the foregoing (collectively, “Seller-Related Entities”) harmless from any and all Losses arising out of, or in any way relating to, (a) any breach of any representation or warranty by Purchaser contained in this Agreement or in any Closing Document, and (b) any breach of any covenant of Purchaser contained in this Agreement which survives the Closing or in any Closing Documents.

Appears in 1 contract

Sources: Purchase and Sale Agreement (Wells Real Estate Fund Ii)

Indemnification by Purchaser. Following the Closing and subject to Sections 11.3 and 11.4, Purchaser (and Purchaser’s permitted assignees to whom any rights of Purchaser are assigned pursuant to Section 9.1 hereof) shall indemnify and hold Seller, its affiliates, members members, managers and partners, and the partners, shareholders, officers, directors, employees, representatives and agents of each of the foregoing (collectively, “Seller-Related Entities”) harmless from any and all Losses arising out of, or in any way relating to, (a) any breach of any representation or warranty by Purchaser contained in this Agreement or in any Closing Document, and (b) any breach of any covenant of Purchaser contained in this Agreement which survives the Closing or in any Closing Documents.

Appears in 1 contract

Sources: Purchase and Sale Agreement (Wells Real Estate Fund Xiii L P)

Indemnification by Purchaser. Following Subject to the Closing limitations set forth in this Article 11, from and subject to Sections 11.3 and 11.4after the Closing, Purchaser (and Purchaser’s permitted assignees to whom any rights of Purchaser are assigned pursuant to Section 9.1 hereof) shall indemnify indemnify, defend and hold Seller, its affiliates, members harmless the Seller Entities and partners, and the partners, shareholders, their respective officers, directors, employeesagents, representatives employees and agents of each of Affiliates (collectively, the foregoing “Seller Indemnified Persons”) from and against any and all Damages, including documented and reasonable attorneys’ fees (collectively, “Seller-Related EntitiesSeller Damages) harmless from any and all Losses ), arising out of, relating to or in any way relating to, resulting from (a) any breach of any or inaccuracy in a representation or warranty by of Purchaser contained in this Agreement or in any Closing Document, and Agreement; (b) any breach of any a covenant of Purchaser contained in this Agreement which survives the Closing Agreement; (c) any Assumed Liability; or in (d) any Closing Documentsliability for Taxes resulting from transactions or actions taken by Purchaser or any of its Affiliates.

Appears in 1 contract

Sources: Asset Purchase Agreement (Merit Medical Systems Inc)

Indemnification by Purchaser. Following the Closing and subject to Sections 11.3 12.3 and 11.412.4, Purchaser (and Purchaser’s permitted assignees to whom any rights of Purchaser are assigned pursuant to Section 9.1 hereof) shall indemnify and hold Seller, its affiliates, members and partners, and the partners, shareholders, officers, directors, employees, representatives and agents of each of the foregoing (collectively, “Seller-Related Entities”) harmless from any and all Losses arising out of, or in any way relating to, (a) any breach of any representation or warranty by Purchaser contained in this Agreement or in any Closing Document, and (b) any breach of any covenant of Purchaser contained in this Agreement which survives the Closing or in any Closing Documents.

Appears in 1 contract

Sources: Purchase and Sale Agreement (Wells Mid-Horizon Value-Added Fund I LLC)

Indemnification by Purchaser. Following the Closing and subject to Sections 11.3 and 11.4Section 12.4, Purchaser (and Purchaser’s permitted assignees to whom any rights of Purchaser are assigned pursuant to Section 9.1 hereof) shall indemnify and hold Seller, and its affiliates, members members, managers and partners, and the members, managers, trustees, beneficiaries, partners, shareholders, officers, directors, employees, representatives and agents of each of the foregoing foregoing, including specifically, but not by limitation, Cousins (collectively, “Seller-Related Entities”) harmless from any and all Losses arising out of, or in any way relating to, to (a) any breach of any representation or warranty by Purchaser contained in this Agreement or in any Closing Document, and (b) any breach of any covenant of Purchaser contained in this Agreement which survives the Closing or in any Closing DocumentsDocuments (including specifically, but not limited to, the agreement to reprorate pursuant to Section 6.4).

Appears in 1 contract

Sources: Purchase and Sale Agreement (Cousins Properties Inc)

Indemnification by Purchaser. Following the Closing and subject to Sections 11.3 12.4 and 11.412.5, Purchaser (and Purchaser’s permitted assignees to whom any rights of Purchaser are assigned pursuant to Section 9.1 hereof) shall indemnify and hold Seller, its affiliates, members and partners, and the partners, shareholders, officers, directors, employees, representatives and agents of each of the foregoing (collectively, “Seller-Related Entities”) harmless from any and all Losses arising out of, or in any way relating to, (a) any breach of any representation or warranty by Purchaser contained in this Agreement or in any Closing Document, and (b) any breach of any covenant of Purchaser contained in this Agreement which survives the Closing or in any Closing Documents.

Appears in 1 contract

Sources: Purchase and Sale Agreement (Wells Real Estate Fund Ix Lp)

Indemnification by Purchaser. Following the Closing and subject to Sections 11.3 and 11.4, Purchaser (and Purchaser’s permitted assignees to whom any rights of Purchaser are assigned pursuant to Section 9.1 hereof) shall indemnify and hold Seller, its affiliates, members and partners, and the partners, shareholders, officers, directors, employees, representatives and agents of each of the foregoing (collectively, “Seller-Related Entities”) harmless from any and all Losses arising out of, or in any way relating to, (a) any breach of any representation or warranty by Purchaser contained in this Agreement or in any Closing Document, and (b) any breach of any covenant of Purchaser contained in this Agreement which survives the Closing or in any Closing Documents.

Appears in 1 contract

Sources: Purchase and Sale Agreement (Wells Real Estate Fund Ii)