Common use of Indemnification for Breaches of Representations and Warranties Clause in Contracts

Indemnification for Breaches of Representations and Warranties. Without prejudice to any other right or remedy available to either Party arising out of the breach by the other of any of the representations and warranties set out at Section 8.1 above, each Party hereby agrees to indemnify, defend and hold the other Party and its shareholders, directors, officers, agents and employees harmless from and against any and all losses resulting directly or indirectly from the breach of any representation or warranty made by such Party hereunder. In the event that a Party is seeking indemnification under this Section 8.2, it shall inform the other Party of a claim as soon as reasonably practicable after it receives notice of the claim, shall permit the indemnifying Party to assume direction and control of the defense of the claim (including the right to settle the claim solely for monetary consideration), and shall cooperate as requested (at the expense of the indemnifying Party) in defense of the claim.

Indemnification for Breaches of Representations and Warranties. Without prejudice to any other right or remedy available to either Party arising out of the breach by the other of any of the representations and warranties set out at in Section 8.1 9.1 above, each Party hereby agrees to indemnify, defend defend, and hold the other Party and its shareholders, directors, officers, agents and employees harmless from and against any and all losses resulting directly or indirectly from the breach of any representation or warranty made by such Party hereunder. In the event that a Party is seeking indemnification under this Section 8.29.2, it shall inform the other Party of a claim as soon as reasonably practicable after it receives notice of the claim, shall permit the indemnifying Party to assume direction and control of the defense of the claim (including the right to settle the claim solely for monetary consideration), and shall cooperate as requested (at the expense of the indemnifying Party) in defense of the claim.