Common use of Indemnification by HDA Clause in Contracts

Indemnification by HDA. Subject to the provisions of this ---------------------- Article VIII, HDA agrees to indemnify, defend and hold the Existing Shareholders and their respective heirs, representatives, successors and assigns (such persons are hereinafter collectively referred to as the "Existing Shareholders' Indemnified Persons"), harmless from and against any and all Losses that the Existing Shareholders' Indemnified Persons may suffer, sustain, incur or become subject to arising out of or due to: (a) any inaccuracy of any representation of HDA in this Agreement or in any Schedule hereto; (b) the breach of any warranty of HDA in this Agreement or any Schedule hereto; and (c) the nonfulfillment of any covenant, undertaking, agreement or other obligation of HDA under this Agreement or any Schedule hereto, not otherwise waived by the Existing Shareholders.

Appears in 2 contracts

Sources: Stock Purchase Agreement (Superior Trucks & Auto Supply Inc), Stock Purchase Agreement (Specrite Brake Co)

Indemnification by HDA. Subject to the provisions of this ---------------------- Article VIII, HDA agrees to indemnify, defend and hold harmless the Existing Shareholders and their respective heirs, representatives, successors and assigns (such persons are hereinafter collectively referred to as the "Existing Shareholders' Indemnified Persons"), harmless ) from and against any and all Losses that the Existing Shareholders' Indemnified Persons may suffer, sustain, incur or become subject to arising out of or due to: (a) any inaccuracy of any representation of HDA in this Agreement or in any Schedule hereto; (b) the breach of any warranty of HDA in this Agreement or any Schedule hereto; and (c) the nonfulfillment of any covenant, undertaking, agreement or other obligation of HDA under this Agreement or any Schedule heretoAgreement, not otherwise waived by the Existing Shareholders.

Appears in 1 contract

Sources: Stock Purchase Agreement (City Truck Holdings Inc)