Common use of Purchaser’s Indemnity Clause in Contracts

Purchaser’s Indemnity. Purchaser shall indemnify, hold harmless, and defend Sellers, their Affiliates and their respective successors, permitted assigns, directors, shareholders, officers, agents and employees from and against all Damages which Sellers or any of their Affiliates or their respective successors, permitted assigns, directors, shareholders, officers, agents or employees shall receive, suffer or incur, arising out of or resulting from:

Appears in 2 contracts

Samples: Purchase and Assumption Agreement (Cib Marine Bancshares Inc), Purchase and Assumption Agreement (1st United Bancorp, Inc.)

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Purchaser’s Indemnity. Purchaser shall indemnifydefend, indemnify and hold harmlessharmless Contractor, and defend Sellers, their Affiliates and their respective successors, permitted assigns, its directors, shareholders, officers, agents employees, shareholders and employees agents, from and against all Damages which Sellers any Losses attributable to third party claims for bodily injury or any property damage, but only if such Losses were caused by, or resulted from, negligent acts or omissions of their Affiliates Purchaser or their respective successors, permitted assigns, directors, shareholders, officers, agents its employees or employees shall receive, suffer or incur, arising out of or resulting from:representatives.

Appears in 2 contracts

Samples: Agreement (Globalstar, Inc.), Agreement (Globalstar, Inc.)

Purchaser’s Indemnity. Purchaser Purchaser, at its own expense, shall indemnifydefend, indemnify and hold harmlessharmless Contractor and its Affiliates, and defend Sellers, their Affiliates and their respective successors, permitted assigns, directors, shareholders, officers, agents employees, shareholders and employees agents, from and against all Damages which Sellers or any of their Affiliates or their respective successors, permitted assigns, directors, shareholders, officers, agents or employees shall receive, suffer or incurLosses based on, arising out from or in connection with any third party claims for injury to persons or property damage but only if such Losses were caused by, or resulted from, a negligent act or omission or willful misconduct of Purchaser or resulting from:its employees or representatives.

Appears in 2 contracts

Samples: ICO Global Communications (Holdings) LTD, ICO Global Communications (Holdings) LTD

Purchaser’s Indemnity. Purchaser shall indemnify, defend, save and hold harmlessharmless Seller, and defend Sellers, their Affiliates its successors and their respective successors, permitted assigns, directorsand employees, shareholdersrepresentatives, officers, agents directors and employees agents, as applicable, from and against any and all Indemnified Damages which Sellers or any of their Affiliates or their respective successors, permitted assigns, directors, shareholders, officers, agents or employees shall receive, suffer or incur, arising out of or resulting from:

Appears in 1 contract

Samples: Asset Purchase Agreement (Misonix Inc)

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Purchaser’s Indemnity. Purchaser Purchaser, at its own expense, shall indemnifydefend, indemnify and hold harmlessharmless Contractor, and defend Sellers, their Affiliates and their its respective successors, permitted assigns, directors, shareholders, officers, agents officers and employees from and against all Damages which Sellers any Losses incurred in connection with any third party claim or any suit alleging personal injury, death, or damage to the property of their Affiliates a third party claimant, but only if such Losses were caused by, or their respective successorsresulted from, permitted assigns, directors, shareholders, officers, agents negligent acts or omissions or willful misconduct of Purchaser or its employees shall receive, suffer or incur, arising out of or resulting from:representatives.

Appears in 1 contract

Samples: Viasat Inc

Purchaser’s Indemnity. The Purchaser shall indemnify, defend, save and hold harmlessharmless the Sellers and their successors and assigns, and defend Sellerstheir employees, their Affiliates and their respective successors, permitted assigns, directors, shareholdersrepresentatives, officers, directors and agents and employees from and against any and all Indemnified Damages which Sellers or any of their Affiliates or their respective successors, permitted assigns, directors, shareholders, officers, agents or employees shall receive, suffer or incur, arising out of or resulting from:

Appears in 1 contract

Samples: Asset Purchase Agreement (Oxford Automotive Inc)

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