Common use of Liability and Indemnity Clause in Contracts

Liability and Indemnity. 8.1 Buyer will indemnify in full and on demand Seller against all liabilities, damages, losses (including economic loss such as loss of profit, loss of future revenue, loss of reputation and/or goodwill and loss of anticipated savings), costs and expenses (including reasonable legal (on a full indemnity basis) and other professional advisers‘ fees), suffered or incurred by Seller and/ or its affiliates arising out of or in connection with:

Liability and Indemnity. 8.1 Buyer will indemnify in full and on demand Seller against all liabilities, damages, losses (including economic loss such as loss of profit, loss of future revenue, loss of reputation and/or goodwill and loss of anticipated savings), costs and expenses (including reasonable legal (on a full indemnity basis) and other professional advisers‘ fees), suffered or incurred by Seller and/ or its affiliates arising out of or in connection with: