Common use of RESPONSIBILITY AND INDEMNIFICATION Clause in Contracts

RESPONSIBILITY AND INDEMNIFICATION. The Investor acknowledges that the Investor understands the meaning and legal consequences of the representations and warranties contained herein, and the Investor hereby agrees to indemnify and hold harmless the Company, its officers, directors, shareholders and employees, and any of their affiliates and their officers, directors, shareholders and employees, or any professional advisor or entity thereto, from and against any and all loss, damage, liability or expense, including costs and reasonable attorney's fees, to which said entities and persons may be put or which they may incur by reason of, or in connection with, any misrepresentation or omission made by the Investor, any breach of any of the Investor's warranties, or the Investor's failure to fulfill any of the Investor's covenants or agreements under this Subscription Agreement.