Collateral Agent’s Reimbursement. The Purchasers agree to indemnify the Collateral Agent for any losses arising from its appointment as the Collateral Agent or from the performance of its duties hereunder and to reimburse the Collateral Agent for any reasonable expenses; provided, however, that the Collateral Agent shall not be indemnified or reimbursed for liabilities or expenses to the extent resulting from its own gross negligence or willful misconduct.
Appears in 6 contracts
Samples: Revenue Sharing and Note Purchase Agreement (Inventergy Global, Inc.), Revenue Sharing and Note Purchase Agreement (Inventergy Global, Inc.), Revenue Sharing and Securities Purchase Agreement (Marathon Patent Group, Inc.)
Collateral Agent’s Reimbursement. The Purchasers Investors agree to indemnify the Collateral Agent for any losses arising from its appointment as the Collateral Agent or from the performance of its duties hereunder and to reimburse the Collateral Agent for any reasonable expenses; provided, however, that the Collateral Agent shall not be indemnified or reimbursed for liabilities or expenses to the extent resulting from its own gross negligence or willful misconduct.
Appears in 1 contract
Samples: Investment Agreement (Document Security Systems Inc)
