Common use of Obligation of Purchaser to Indemnify Clause in Contracts

Obligation of Purchaser to Indemnify. Subject to the limitations on the survival of representations and warranties contained in Section 9, Purchaser hereby agrees to indemnify, defend and hold harmless the Company and the Stockholders from and against any losses, liabilities, damages, deficiencies, costs or expenses (including interest, penalties and reasonable attorneys' fees and disbursements) (a "Loss") based upon, arising out of or otherwise due to any inaccuracy in or any breach of any representation, warranty, covenant or agreement of Purchaser contained in this Agreement or in any document or other writing delivered pursuant to this Agreement.

Appears in 2 contracts

Sources: Stock Purchase Agreement (Infotec Business Systems Inc), Stock Purchase Agreement (Infotec Business Systems Inc)