Common use of Indemnification Provisions for Benefit of the Buyer Clause in Contracts

Indemnification Provisions for Benefit of the Buyer. (i) In the event the Seller breaches (or in the event any third party alleges facts that, if true, would mean the Seller has breached) any of its representations, warranties, and covenants contained in this Agreement, and, if there is an applicable survival period pursuant to §8(a) above, provided that the Buyer makes a written claim for indemnification against the Seller pursuant to §10(g) below within such survival period, then the Seller agrees to indemnify the Buyer from and against the entirety of any Adverse Consequences the Buyer may suffer through and after the date of the claim for indemnification (including any Adverse Consequences the Buyer may suffer after the end of any applicable survival period) resulting from, arising out of, relating to, in the nature of, or caused by the breach (or the alleged breach).

Appears in 4 contracts

Samples: Asset Purchase Agreement (Nexgel, Inc.), Asset Purchase Agreement (Nexgel, Inc.), Asset Purchase Agreement (Onstream Media CORP)

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Indemnification Provisions for Benefit of the Buyer. (i) In the event the Seller breaches (or in the event any third party alleges facts that, if true, would mean the Seller has breached) any of its representations, warranties, and covenants contained in this Agreementherein, and, if there is an applicable survival period pursuant to §Section 8(a) above, provided that the Buyer makes a written claim for indemnification against the Seller pursuant to §10(g) below within such survival period, then the Seller agrees to shall indemnify the Buyer from and against the entirety of any Adverse Consequences the Buyer may suffer through and after the date of the claim for indemnification (including any Adverse Consequences the Buyer may suffer after the end of any applicable survival period) resulting from, arising out of, relating to, in the nature of, or caused by the breach (or the alleged breach).

Appears in 3 contracts

Samples: Stock Purchase Agreement (Amco Transport Holdings Inc), Stock Purchase Agreement (Bestway Coach Express Inc), Stock Purchase Agreement (Amco Transport Holdings Inc)

Indemnification Provisions for Benefit of the Buyer. (i) In the event any of the Seller Sellers breaches (or in the event any third party alleges facts that, if true, would mean any of the Seller Sellers has breached) any of its their representations, warranties, and covenants contained in this Agreementherein, and, if there is an applicable survival period pursuant to §8(a) above, provided that the Buyer makes make a written claim for indemnification against any of the Seller Sellers pursuant to §10(gSection 9(h) below within such survival period, then the Seller agrees to Controlling Stockholder shall indemnify the Buyer from and against the entirety of any Adverse Consequences the Buyer may suffer through and after the date of the claim for indemnification (including any Adverse Consequences the Buyer may suffer after the end of any applicable survival period) resulting from, arising out of, relating to, in the nature of, or caused by the breach (or the alleged breach).

Appears in 2 contracts

Samples: Stock Purchase Agreement (Novus Robotics Inc.), Stock Purchase Agreement (Ecoland International)

Indemnification Provisions for Benefit of the Buyer. (i) In the event the Seller ----------------------------------------------------- Target breaches (or in the event any third party alleges facts that, if true, would mean the Seller Target has breached) any of its representations, warranties, warranties and covenants contained in this Agreementherein, and, if there is an applicable survival period pursuant to §8(aSection 7(a) above, provided that the Buyer makes a written claim for indemnification against the Seller Target pursuant to §10(gSection 10(h) below within such survival period, then the Seller Target agrees to indemnify the Buyer from and against the entirety of any Adverse Consequences the Buyer may suffer through and after the date of the claim for indemnification (including any Adverse Consequences the Buyer may suffer after the end of any applicable survival period) resulting from, arising out of, relating to, in the nature of, or caused by the breach (or the alleged breach).

Appears in 1 contract

Samples: Facilitation Agreement (Chicago Pizza & Brewery Inc)

Indemnification Provisions for Benefit of the Buyer. (i) In the event the Seller breaches of a breach or inaccuracy of (or in the event any third party alleges facts that, if true, would mean the Seller has have breached) any of its Seller’s representations, warranties, and covenants contained in this Agreementherein, and, if there is an applicable survival period pursuant to §Section 8(a) above, provided that the Buyer makes Buyers make a written claim for indemnification against the Seller pursuant to §10(gSection 10(h) below within such survival period, then the Seller agrees to Sellers will indemnify the Buyer Buyers from and against the entirety of any Adverse Consequences the Buyer Buyers may suffer through and after the date of the claim for indemnification (including any Adverse Consequences the Buyer Buyers may suffer after the end of any applicable survival period) resulting from, arising out of, relating to, in the nature of, or caused by the breach (or the alleged breach).

Appears in 1 contract

Samples: Stock Purchase Agreement (Foreclosure Solutions, Inc.)

Indemnification Provisions for Benefit of the Buyer. (i) In the event --------------------------------------------------- any of the Seller Sellers breaches (or in the event any third party alleges facts that, if true, would mean any of the Seller Sellers has breached) any of its their representations, warranties, and warranties or covenants contained in this Agreement, and, if there is an applicable survival period pursuant to §8(a) aboveherein, provided that the Buyer makes a written claim for indemnification against any of the Seller Sellers pursuant to §10(gSection 8(d) below within such the applicable survival periodperiod set forth in Section 8(a), then each of the Seller Sellers agrees jointly and severally to indemnify the Buyer from and against the entirety of any Adverse Consequences the Buyer may suffer through and after the date of the claim for indemnification (including any Adverse Consequences the Buyer may suffer after the end of any applicable survival period) resulting from, arising out of, relating to, in the nature of, or caused by the breach (or the alleged breach).

Appears in 1 contract

Samples: Stock Purchase Agreement (Southwest Water Co)

Indemnification Provisions for Benefit of the Buyer. (i) In the event the Seller breaches (or in the event any third party alleges facts that, if true, would mean the Seller has breached) any of its representations, warranties, and pre-Closing covenants contained in this Agreement, and, if there is an applicable survival period pursuant to §8(a) above, provided that and the Buyer makes a written claim for indemnification against the Seller pursuant to §Section 10(g) below within such the applicable survival periodperiod pursuant to Section 8(a) above, then the Seller agrees to shall indemnify and hold harmless the Buyer from and against the entirety of any Adverse Consequences the Buyer may suffer through and after the date of the claim for indemnification (including any Adverse Consequences the Buyer may suffer after the end of any applicable survival period) resulting from, arising out of, relating to, in the nature of, or caused by the breach (or the alleged breach).

Appears in 1 contract

Samples: Asset Purchase Agreement (E Centives Inc)

Indemnification Provisions for Benefit of the Buyer. (i) In the event the Seller breaches (or in the event any third party alleges facts that, if true, would mean the Seller has breached) any of its representations, warranties, and covenants contained in this Agreementherein, and, if there is an applicable survival period pursuant to §Section 8(a) above, provided that the Buyer makes a written claim for indemnification against the Seller pursuant to §10(gSection 11(h) below within such the survival period, then the Seller agrees to and Tay shall indemnify the Buyer from and against the entirety of any Adverse Consequences the Buyer may suffer through and after the date of the claim for indemnification (including any Adverse Consequences the Buyer may suffer after the end of any applicable survival period) resulting from, arising out of, relating to, in the nature of, or caused by the breach (or the alleged breach).

Appears in 1 contract

Samples: 1 Stock Purchase Agreement (Universal Equity Partners Inc)

Indemnification Provisions for Benefit of the Buyer. (i) 6.2.1. In the event any of the Seller Sellers breaches (or in the event any third party alleges facts that, if true, would mean any of the Seller Sellers has breached) any of its their representations, warranties, and covenants contained in this Agreementherein, and, if there is an applicable survival period pursuant to §8(a) Section 6.1 above, provided that the Buyer makes a written claim for indemnification against any of the Seller Sellers pursuant to §10(g) Section 8.8 below within such survival period, then each of the Seller Sellers agrees to indemnify the Buyer and the Company from and against the entirety of any Adverse Consequences the Buyer may suffer through and after the date of the claim for indemnification (including any Adverse Consequences the Buyer may suffer after the end of any applicable survival period) resulting from, arising out of, relating to, in the nature of, or caused by the breach (or the alleged breach).

Appears in 1 contract

Samples: Membership Interest Purchase Agreement (Nu Skin Enterprises Inc)

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Indemnification Provisions for Benefit of the Buyer. (i) In the event the Seller breaches (or in the event any third party alleges facts that, if true, would mean the Seller has breached) any of its representations, warranties, and covenants contained in this Agreement, herein and, if there is an applicable survival period pursuant to §Section 8(a) above, provided that above and the Buyer makes a written claim for indemnification against the Seller pursuant to §10(g) below within such survival period, then the Seller agrees to indemnify the Buyer and its directors, officers, stockholders, agents, successors and assigns from and against the entirety of any Adverse Consequences the Buyer any such person may suffer through and after the date of the claim for indemnification (including any Adverse Consequences the Buyer may suffer after the end of any applicable survival period) resulting from, arising out of, relating to, in the nature of, or caused by the breach (or the alleged breach).

Appears in 1 contract

Samples: Asset Purchase Agreement (Leap Wireless International Inc)

Indemnification Provisions for Benefit of the Buyer. (i) In Subject strictly to the limitations set forth inss.8(b)(v) below, in the event the Seller breaches (or in the event any third party alleges facts that, if true, would mean the Seller has breached) any of its his representations, warranties, warranties and covenants contained in this Agreementherein, and, if there is an applicable survival period pursuant to §8(atoss.8(a) above, provided that the Buyer makes a written claim for indemnification against the Seller pursuant to §10(gtoss.8(d) below within such survival period, then the Seller agrees to indemnify the Buyer from and against the entirety of any Adverse Consequences the Buyer may suffer through and after the date of the claim for indemnification (including any Adverse Consequences the Buyer may suffer after the end of any applicable survival period) resulting from, arising out of, relating to, in the nature of, or caused by the breach (or the alleged breach).

Appears in 1 contract

Samples: Stock Purchase Agreement (Sunbelt Automotive Group Inc)

Indemnification Provisions for Benefit of the Buyer. (i) In the event the Seller breaches (or in the event any third party alleges facts that, if true, would mean the Seller has breached) any of its representations, warranties, and covenants contained in this Agreementherein, and, if there is an applicable survival period pursuant to §8(ass.8(a) above, provided that the Buyer makes a written claim for indemnification against the Seller pursuant to §10(gss.11(h) below within such survival period, then the Seller agrees to indemnify the Buyer from and against the entirety of any Adverse Consequences the Buyer may suffer through and after the date of the claim for indemnification (including any Adverse Consequences the Buyer may suffer after the end of any applicable survival period) resulting from, arising out of, relating to, in the nature of, or caused by the breach (or the alleged breach).

Appears in 1 contract

Samples: Stock Purchase Agreement (Telegen Corp /Co/)

Indemnification Provisions for Benefit of the Buyer. (i) In the event the Seller breaches Sellers breach (or in the event any third party alleges facts that, if true, would mean the Seller has Sellers have breached) any of its their representations, warranties, and covenants contained in this Agreementherein, and, if there is an applicable survival period pursuant to §Section 8(a) above, provided that the Buyer makes Buyers make a written claim for indemnification against the Seller Sellers pursuant to §10(gSection 11(h) below within such survival period, then the Seller agrees to Sellers will, jointly and severally, indemnify the Buyer Buyers from and against the entirety of any Adverse Consequences the Buyer Buyers may suffer through and after the date of the claim for indemnification (including any Adverse Consequences the Buyer Buyers may suffer after the end of any applicable survival period) resulting from, arising out of, relating to, in the nature of, or caused by the breach (or the alleged breach).

Appears in 1 contract

Samples: Stock Purchase Agreement (Find the World Interactive, Inc.)

Indemnification Provisions for Benefit of the Buyer. (i) In the event the Seller or the Company breaches (or in the event any third party alleges facts that, if true, would mean the Seller has breached) any of its their representations, warranties, and covenants contained in this Agreementherein, and, if there is an applicable survival period pursuant to §8(a7(a) above, provided that the Buyer makes a written claim for indemnification against the Seller or the Company pursuant to §10(g7(d) below within such survival period, then the Seller agrees to indemnify the Buyer from and against the entirety of any Adverse Consequences the Buyer may suffer through and after the date of the claim for indemnification (including any Adverse Consequences the Buyer may suffer after the end of any applicable survival period) resulting from, arising out of, relating to, in the nature of, or caused by the breach (or the alleged breach).

Appears in 1 contract

Samples: Stock Purchase Agreement (Issuer Direct Corp)

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