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

Indemnification Provisions for Benefit of the Seller. In the event the Purchaser breaches any of its representations, warranties, and/or covenants contained herein and provided that the Seller make a written claim for indemnification against the Purchaser, then the Purchaser agrees to indemnify the Seller from and against the entirety of any losses, damages, amounts paid in settlement of any claim or action, expenses, or fees including court costs and reasonable attorneys' fees and expenses.

Appears in 11 contracts

Samples: Stock Purchase Agreement (Green Solutions China, Inc.), Stock Purchase Agreement (Green Solutions China, Inc.), Stock Purchase Agreement (Green Solutions China, Inc.)

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Indemnification Provisions for Benefit of the Seller. (a) In the event the Purchaser Buyer breaches any of its representations, warranties, and/or covenants and agreements contained herein in this Agreement and provided that the Seller make makes a written claim for indemnification against the PurchaserBuyer prior to the first anniversary of the Closing Date, then the Purchaser Buyer agrees to indemnify the Seller from and against the entirety of any lossesAdverse Consequences the Seller may suffer resulting from, damages, amounts paid in settlement of any claim or action, expensesarising out of, or fees including court costs and reasonable attorneys' fees and expensescaused by the breach.

Appears in 2 contracts

Samples: Escrow Agreement (Certified Services Inc), Customer Assignment Agreement (Certified Services Inc)

Indemnification Provisions for Benefit of the Seller. In the event the Purchaser Buyer breaches any of its representations, warranties, and/or and covenants contained herein and provided that the Seller make a written claim for indemnification against the Purchaserherein, then the Purchaser Buyer agrees to indemnify the Seller from and against the entirety of any losses, damages, amounts paid in settlement Adverse Consequences the Seller may suffer by reason of any claim or action, expenses, or fees including court costs and reasonable attorneys' fees and expensesBuyer's breach.

Appears in 1 contract

Samples: Limited Liability Company Purchase Agreement (Aei Environmental Inc)

Indemnification Provisions for Benefit of the Seller. In the event the Purchaser breaches any of its representations, warranties, and/or covenants contained herein and provided that the Seller make a written claim for indemnification against the Purchaser, then the Purchaser The Buyer agrees to indemnify the Seller from and against all Losses resulting from, arising out of, relating to, in the entirety nature of or caused by the breach of any losses, damages, amounts paid representation or warranty of the Buyer contained in settlement of any claim or action, expenses, or fees including court costs and reasonable attorneys' fees and expensesSection 3 above.

Appears in 1 contract

Samples: Stock Purchase Agreement (Realco Inc /Nm/)

Indemnification Provisions for Benefit of the Seller. In the event the Purchaser breaches any of its representations, warranties, and/or covenants contained herein and provided that the Seller make a written claim for indemnification against the Purchaser, then the Purchaser agrees agree to indemnify the Seller from and against the entirety of any losses, damages, amounts paid in settlement of any claim or action, expenses, or fees including court costs and reasonable attorneys' fees and expenses. 7.

Appears in 1 contract

Samples: Stock Purchase Agreement (BitNile Metaverse, Inc.)

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Indemnification Provisions for Benefit of the Seller. In the event the Purchaser Company breaches any of its representations, warranties, and/or covenants contained herein and provided that the Seller make a written claim for indemnification against the PurchaserCompany, then the Purchaser agrees Company agree to indemnify the Seller from and against the entirety of any losses, damages, amounts paid in settlement of any claim or action, expenses, or fees including court costs and reasonable attorneys' fees and expenses.

Appears in 1 contract

Samples: Stock Purchase Agreement (Aspen Group, Inc.)

Indemnification Provisions for Benefit of the Seller. In the event the Purchaser breaches any of its representations, warranties, and/or covenants contained herein and provided that the Seller make a written claim for indemnification against the Purchaser, then the Purchaser The Buyer agrees to indemnify the Seller from and against all Losses resulting from, arising out of, relating to, in the entirety nature of or caused by the breach of any losses, damages, amounts paid representation or warranty of the Buyer contained in settlement Section 4 above or the breach of any claim or action, expenses, or fees including court costs and reasonable attorneys' fees and expensescovenant of the Buyer contained in this Agreement.

Appears in 1 contract

Samples: Stock Purchase Agreement (Realco Inc /Nm/)

Indemnification Provisions for Benefit of the Seller. In the event the Purchaser breaches any of its representations, warranties, and/or covenants contained herein and provided that the Seller make a written claim for indemnification against the Purchaser, then the Purchaser (i) The Buyer agrees to indemnify the Seller from and against the entirety of Losses the Seller may suffer resulting from, arising out of, relating to, in the nature of, or caused by (A) any lossesLiability of the Seller which is an Assumed Liability, damages, amounts paid in settlement and (B) Buyer's breach of any claim material representation, warranty or action, expenses, or fees including court costs and reasonable attorneys' fees and expensescovenant.

Appears in 1 contract

Samples: Assumption Agreement (Canterbury Information Technology Inc)

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