Common use of Several Indemnification Clause in Contracts

Several Indemnification. Subject to the provisions of Section 11.03 hereof, each Shareholder shall severally indemnify, defend and hold harmless Purchaser and its officers, directors, employees, agents and representatives from and against and in respect of any and all Losses incurred or suffered by Purchaser, arising out of, based upon or resulting from any inaccuracy, misrepresentation or breach by such Shareholder of any of such Shareholder's representations and warranties contained in Article VI of this Agreement or nonfulfillment of any of such Shareholder's respective covenants or agreements contained in this Agreement or any certificate or instrument furnished pursuant hereto.

Several Indemnification. Subject to the provisions of Section 11.03 hereof8.03, each Shareholder shall severally indemnify, defend and hold harmless Purchaser Acquiror and its officers, directors, employees, agents and representatives from and against and in respect of any and all Losses incurred or suffered by PurchaserAcquiror, arising out of, based upon or resulting from any inaccuracy, misrepresentation or breach by such Shareholder of any of such Shareholder's his representations and warranties contained in Article VI IV of this Agreement or nonfulfillment of any of such Shareholder's respective covenants or agreements contained in this Agreement or any certificate or instrument furnished pursuant hereto.