Common use of Indemnification by Contributors Clause in Contracts

Indemnification by Contributors. Subject to the terms and conditions of this Article IX, each Contributor, solely with respect to himself, hereby agrees, severally and not jointly, to indemnify, defend and hold harmless Acquirer and its direct and indirect Subsidiaries (including the Acquired Entities after the Closing) and their respective directors, stockholders, officers, partners, members, employees, agents, consultants, attorneys, representatives, successors, transferees and assigns (collectively, “Acquirer Indemnitees”) from and against all Claims and all Damages asserted against, imposed upon or incurred by any such Person, directly or indirectly, by reason of, arising out of or resulting from (a) any breach of any representation or warranty of such Contributor contained in this Agreement or (b) any breach of any covenant or agreement of such Contributor contained in or made pursuant to this Agreement.

Appears in 2 contracts

Sources: Contribution Agreement, Contribution Agreement (New Source Energy Partners L.P.)