Common use of Purchaser’s Indemnification Clause in Contracts

Purchaser’s Indemnification. The Purchaser agrees to indemnify, ---------------------------- hold harmless, reimburse and defend the Company and each of the Company's officers, directors, agents, affiliates, control persons and principal shareholders, at all times against any claims, costs, expenses, liabilities, obligations, losses or damages (including reasonable legal fees) of any nature, incurred by or imposed upon the Company which result, arise out of or are based upon: (i) any misrepresentation by the Purchaser or breach of any warranty by the Purchaser in this Agreement or in any exhibits or schedules attached hereto or any Related Agreement; or (ii) any breach or default in performance by the Purchaser of any covenant or undertaking to be performed by the Purchaser hereunder, or any other agreement entered into by the Company and the Purchaser relating hereto.

Appears in 2 contracts

Sources: Securities Purchase Agreement (Texhoma Energy Inc), Securities Purchase Agreement (New Century Energy Corp.)

Purchaser’s Indemnification. The Purchaser agrees to indemnify, ---------------------------- hold harmless, reimburse and defend the Company and each of the Company's ’s officers, directors, agents, affiliates, control persons and principal shareholders, at all times against any claimsclaim, costscost, expensesexpense, liabilitiesliability, obligationsobligation, losses loss or damages damage (including reasonable legal fees) of any nature, incurred by or imposed upon the Company which resultresults, arise arises out of or are is based upon: (i) any misrepresentation by the Purchaser or breach of any warranty by the Purchaser in this Agreement, any Related Agreement or in any exhibits or schedules attached hereto or any Related Agreementthereto; or (ii) any breach or default in performance by the Purchaser of any covenant or undertaking to be performed by the Purchaser hereunder, under any other Related Agreement, or any other agreement entered into by the Company and the Purchaser relating hereto.

Appears in 2 contracts

Sources: Securities Purchase Agreement (Coach Industries Group Inc), Securities Purchase Agreement (Coach Industries Group Inc)

Purchaser’s Indemnification. The Purchaser agrees to indemnify, ---------------------------- hold harmless, reimburse and defend the Company and each of the Company's officers, directors, agents, affiliates, control persons and principal shareholders, at all times against any claimsclaim, costscost, expensesexpense, liabilitiesliability, obligationsobligation, losses loss or damages damage (including reasonable legal fees) of any nature, incurred by or imposed upon the Company which resultresults, arise arises out of or are is based upon: (i) any misrepresentation by the Purchaser or breach of any warranty by the Purchaser in this Agreement or any Related Agreement or in any exhibits or schedules attached hereto or any Related Agreementthereto; or (ii) any breach or default in performance by the Purchaser of any covenant or undertaking to be performed by the Purchaser hereunder, under any Related Agreement or any other agreement entered into by the Company and the Purchaser relating hereto.

Appears in 2 contracts

Sources: Securities Purchase Agreement (Elec Communications Corp), Securities Purchase Agreement (Elec Communications Corp)

Purchaser’s Indemnification. The Purchaser agrees to indemnify, ---------------------------- hold harmless, reimburse and defend each of the Parent and the Company and each of the Company's their officers, directors, agents, affiliates, control persons and principal shareholders, at all times against any claimsclaim, costscost, expensesexpense, liabilitiesliability, obligationsobligation, losses loss or damages damage (including reasonable legal fees) of any nature, incurred by or imposed upon the Parent or the Company which resultresults, arise arises out of or are is based upon: upon (i) any misrepresentation by the Purchaser or breach of any warranty by the Purchaser in this Agreement or in any exhibits or schedules attached hereto or any Related Agreement; or (ii) any breach or default in performance by the Purchaser of any covenant or undertaking to be performed by the Purchaser hereunder, or any other agreement entered into by the Parent, the Company and the Purchaser Purchaser, as applicable, relating hereto.

Appears in 2 contracts

Sources: Securities Purchase Agreement (Cycle Country Accessories Corp), Securities Purchase Agreement (Laurus Master Fund LTD)

Purchaser’s Indemnification. The Purchaser agrees to indemnify, ---------------------------- hold harmless, reimburse and defend the Company and each of the Company's ’s officers, directors, agents, affiliates, control persons and principal shareholders, at all times against any claims, costs, expenses, liabilities, obligations, losses or damages (including reasonable legal fees) of any nature, incurred by or imposed upon the Company which result, arise out of or are based upon: (ia) any misrepresentation by the Purchaser or breach of any representation or warranty by the Purchaser in this Agreement or in any exhibits or schedules attached hereto or any Related Agreement; or (iib) any breach or default in performance by the Purchaser of any covenant or undertaking to be performed by the Purchaser hereunder, or any other agreement entered into by the Company and the Purchaser relating hereto.

Appears in 1 contract

Sources: Securities Purchase Agreement (Blast Energy Services, Inc.)

Purchaser’s Indemnification. (a) The Purchaser agrees to indemnify, ---------------------------- hold harmless, reimburse and defend the Company and each of the Company's officers, directors, agents, affiliates, control persons and principal shareholders, at all times against any claims, costs, expenses, liabilities, obligations, losses or damages (including reasonable legal fees) of any nature, incurred by or imposed upon the Company which result, arise out of or are based upon: (i) any misrepresentation by the Purchaser or breach of any warranty by the Purchaser in this Agreement or in any exhibits or schedules attached hereto or any Related Agreement; or (ii) any breach or default in performance by the Purchaser of any covenant or undertaking to be performed by the Purchaser hereunder, or any other agreement entered into by the Company and the Purchaser relating hereto.

Appears in 1 contract

Sources: Securities Purchase Agreement (Auxilio Inc)

Purchaser’s Indemnification. The Purchaser agrees to indemnify, ---------------------------- hold harmless, reimburse and defend the each Company and each of the such Company's officers, directors, agents, affiliates, control persons and principal shareholders, at all times against any claims, costs, expenses, liabilities, obligations, losses or damages (including reasonable legal fees) of any nature, incurred by or imposed upon the such Company which result, arise out of or are based upon: (i) any misrepresentation by the Purchaser or breach of any warranty by the Purchaser in this Agreement or in any exhibits or schedules attached hereto or any Related Agreement; or (ii) any breach or default in performance by the Purchaser of any covenant or undertaking to be performed by the Purchaser hereunder, or any other agreement entered into by the such Company and the Purchaser relating hereto.

Appears in 1 contract

Sources: Securities Purchase Agreement (Pacific Energy Resources LTD)

Purchaser’s Indemnification. The Purchaser's Indemnification Purchaser agrees to indemnify, ---------------------------- hold harmless, reimburse and defend the Company and each of the Company's officers, directors, agents, affiliates, control persons and principal shareholders, at all times against any claimsclaim, costscost, expensesexpense, liabilitiesliability, obligationsobligation, losses loss or damages damage (including reasonable legal fees) of any nature, incurred by or imposed upon the Company which resultresults, arise arises out of or are is based upon: upon (i) any misrepresentation by the Purchaser or breach of any warranty by the Purchaser in this Agreement or in any exhibits or schedules attached hereto or any Related Agreement; or (ii) any breach or default in performance by the Purchaser of any covenant or undertaking to be performed by the Purchaser hereunder, or any other agreement entered into by the Company and the Purchaser relating hereto.

Appears in 1 contract

Sources: Securities Purchase Agreement (Global Sports & Entertainment Inc/)

Purchaser’s Indemnification. The Purchaser agrees to indemnify, ---------------------------- --------------------------- hold harmless, reimburse and defend the Company and each of the Company's officers, directors, agents, affiliates, control persons and principal shareholders, at all times against any claims, costs, expenses, liabilities, obligations, losses or damages (including reasonable legal fees) of any nature, incurred by or imposed upon the Company which result, arise out of or are based upon: (i) any misrepresentation by the Purchaser or breach of any warranty by the Purchaser in this Agreement or in any exhibits or schedules attached hereto or any Related Agreement; or (ii) any breach or default in performance by the Purchaser of any covenant or undertaking to be performed by the Purchaser hereunder, or any other agreement entered into by the Company and the Purchaser relating hereto.

Appears in 1 contract

Sources: Securities Purchase Agreement (Elec Communications Corp)