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

Indemnification Provisions for Benefit of the Buyer. (i) In the event any of the Sellers breaches (or in the event any third party alleges facts that, if true, would mean any of the Sellers has breached) any of their representations, warranties, and covenants contained in this Agreement and, if there is an applicable survival period pursuant to (S)6(a) above, provided that the Buyer makes a written claim for indemnification against any of the Sellers pursuant to (S)8(h) below within such survival period, then each of the Sellers 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 2 contracts

Samples: Stock Purchase Agreement (Intellisys Group Inc), Stock Purchase Agreement (Intellisys Group Inc)

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Indemnification Provisions for Benefit of the Buyer. (i) In the event any of the Sellers Seller breaches (or in the event any third party alleges facts that, if true, would mean any of the Sellers Seller has breached) any of their his representations, warranties, and covenants contained in this Agreement herein, whether or not such breach is material, and, if there is an applicable survival period pursuant to (S)6(ass.8(a) above, provided that the Buyer makes a written claim for indemnification against any of the Sellers Seller pursuant to (S)8(hss.11(g) below within such survival period, then each of the Sellers 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 (D & K Healthcare Resources Inc)

Indemnification Provisions for Benefit of the Buyer. (i) In the event Seller or any of the Sellers Shareholder breaches (or in the event any third party alleges facts that, if true, would mean Seller or any of the Sellers Shareholder has breached) any of their representations, warranties, and covenants contained in this Agreement herein and, if there is an applicable survival period pursuant to (S)6(aSection 8(a) above, provided that the Buyer makes a written claim for indemnification against any of the Sellers pursuant to (S)8(hSection 10(g) below within such survival period, then Seller and each of the Sellers agrees Shareholders, jointly and severally, agree 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: Employment and Noncompetition Agreement (Romac International Inc)

Indemnification Provisions for Benefit of the Buyer. (i) In the event any of the Sellers Seller or Target or its Subsidiaries breaches (or in the event any third party alleges facts that, if true, would mean any of the Sellers Seller has breached) any of their representations, warranties, and covenants contained in this Agreement herein, and, if there is an applicable survival period pursuant to (S)6(a§7(a) above, provided that the Buyer makes a written claim for indemnification against any of the Sellers Seller or Target pursuant to (S)8(h§7(d) below within such survival period, then each of the Sellers 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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Indemnification Provisions for Benefit of the Buyer. (i) In the event any of the Sellers breaches (or in the event any third party alleges facts that, if true, would mean any of the Individual Sellers has breached) any of their representations, warranties, and covenants contained in this Agreement herein, and, if there is an applicable survival period pursuant to (S)6(a§7(a) above, provided that the Buyer makes a written claim for indemnification against any of the Individual Sellers pursuant to (S)8(h§9(h) below within such survival period, then each then, subject to the terms of this Section 7, the Sellers agrees agree 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: Unit Purchase Agreement (Beckman Coulter Inc)

Indemnification Provisions for Benefit of the Buyer. (i) In the event any of the Company or the Sellers breaches breach (or in the event any third party alleges facts that, if true, would mean any of the Company or the Sellers has breached) any of their representations, warranties, and covenants contained in this Agreement Agreement, and, if there is an applicable survival period pursuant to (S)6(a) above, provided that the Buyer makes a written claim for indemnification against any of the Company and/or the Sellers pursuant to (S)8(hS)7(h) below within such survival period, then each of the Company and/or the Sellers agrees agree 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: Asset Purchase Agreement (Intellisys Group Inc)

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