Common use of Use of Brokers Clause in Contracts

Use of Brokers. Seller and Purchaser represent and warrant to one another that neither has contracted nor dealt with any real estate broker, finder or other person with respect to this Agreement or the transactions contemplated hereby; and, insofar as they know, no other real estate broker or other person claiming through either Seller or Purchaser is entitled to any commission or finder's fee in any such connection. Seller and Purchaser each agree to indemnify and hold harmless one another against any loss, liability, damage or claim incurred by reason of any brokerage commission or finder's fee alleged to be payable because of the indemnifying party's representation in this Section being untrue. Such indemnity obligation shall be deemed to include the payment of reasonable attorneys' fees and court costs incurred in defending any such claim.