Specific Indemnification. If the insurance described in Schedule 4(p) fails to pay in full any Adverse Consequences incurred by Buyer in connection with any litigation that may be instituted in connection with the claim described in Schedule 4(q), Sellers shall be deemed to have breached the representation and warranty set forth in Section 4(q) and shall be liable to Buyer in accordance with the provisions of this Section 8(b). Sellers shall indemnify and hold harmless Buyer from and against any and all Adverse Consequences arising in connection with or otherwise relating to Thunderstone Obligation.
Appears in 2 contracts
Sources: LLC Interest Purchase Agreement, LLC Interests Purchase Agreement (Collexis Holdings, Inc.)