Indemnification by Holders. Each Holder shall, severally and not jointly, indemnify and hold harmless the Company, its directors, officers, agents and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, officers, agents or employees of such controlling Persons, to the fullest extent permitted by applicable law, from and against all Losses, as incurred, arising out of or based upon any untrue or alleged untrue statement of a material fact contained in the Registration Statement, any Prospectus, or any form of prospectus, or in any amendment or supplement thereto or in any preliminary prospectus, or arising out of or based upon any omission or alleged omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto), in the light of the circumstances under which they were made, not misleading, to the extent, but only to the extent, that such untrue statement or omission is contained in any information so furnished in writing by such Holder or other Indemnified Party to the Company expressly for use therein and that such information was reasonably relied upon by the Company for use therein, or to the extent that such information relates to such Holder or such Holder's proposed method of distribution of Registrable Securities and was reviewed and expressly approved in writing by such Holder expressly for use in the Registration Statement, such Prospectus or such form of Prospectus or any amendment or supplement thereto. Notwithstanding anything to the contrary contained herein, the Holders shall be liable under this Section 5(b) for only that amount as does not exceed the net proceeds to such Holder as a result of the sale of Registrable Securities pursuant to such Registration Statement.
Appears in 16 contracts
Samples: Registration Rights Agreement (Health Sciences Group Inc), Registration Rights Agreement (Health Sciences Group Inc), Registration Rights Agreement (Health Sciences Group Inc)
Indemnification by Holders. Each Holder shall, severally and not jointly, indemnify and hold harmless the Company, its the directors, officers, agents and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, officers, agents or employees of such controlling Persons, to the fullest extent permitted by applicable law, from and against all Losses, as incurred, arising solely out of or based solely upon any untrue or alleged untrue statement of a material fact contained in the Registration Statement, any Prospectus, or any form of prospectus, or in any amendment or supplement thereto or in any preliminary prospectus, or arising solely out of or based solely upon any omission or alleged omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto), in the light of the circumstances under which they were made, ) not misleading, to the extent, but only to the extent, that such untrue statement or omission is contained in any information so furnished in writing by such Holder or other Indemnified Party to the Company expressly specifically for use therein inclusion in the Registration Statement or such Prospectus and that such information was reasonably relied upon by the Company for use thereinin the Registration Statement, such Prospectus or such form of prospectus or to the extent that such information relates to such Holder or such Holder's proposed method of distribution of Registrable Securities and was reviewed and expressly approved in writing by such Holder expressly for use in the Registration Statement, such Prospectus or such form of Prospectus or any amendment or supplement thereto. Notwithstanding anything to the contrary contained herein, the Holders shall be liable under this Section 5(b) for only that amount as does not exceed the net proceeds to such Holder as a result of the sale of Registrable Securities pursuant to such Registration StatementProspectus.
Appears in 12 contracts
Samples: Registration Rights Agreement (Diversified Senior Services Inc), Registration Rights Agreement (Team Communication Group Inc), Registration Rights Agreement (World Wide Wireless Communications Inc)
Indemnification by Holders. Each Holder shall, severally and not jointly, indemnify and hold harmless the Company, its directors, officers, agents and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, officers, agents or and employees of such controlling Persons, to the fullest extent permitted by applicable law, from and against all Losses, as incurred, arising solely out of or based solely upon any untrue or alleged untrue statement of a material fact contained in the Registration Statement, any Prospectus, or any form of prospectus, or in any amendment or supplement thereto or in any preliminary prospectusthereto, or arising solely out of or based solely upon any omission or alleged omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto), in the light of the circumstances under which they were made, ) not misleading, to the extent, but only to the extent, that such untrue statement or omission is contained in any information so furnished in writing by such Holder or other Indemnified Indemnifying Party to the Company expressly specifically for use therein and that such information was reasonably relied upon by the Company for use therein, or to the extent that such information relates to such Holder or such Holder's proposed method of distribution of Registrable Securities and was reviewed and expressly approved in writing by such Holder expressly for use inclusion in the Registration Statement, such Prospectus Statement or such form of Prospectus or any amendment or supplement theretoProspectus. Notwithstanding anything to the contrary contained herein, the Holders each Holder shall be liable under this Section 5(b) only for only the lesser of (a) the actual damages incurred or (b) that amount as does not exceed the net gross proceeds to such Holder as a result of the sale of his/her/its Registrable Securities pursuant to such Registration Statement.
Appears in 10 contracts
Samples: Registration Rights Agreement (China Dredging Group Co., Ltd.), Registration Rights Agreement (Gulfstream International Group Inc), Registration Rights Agreement (Gulfstream International Group Inc)
Indemnification by Holders. Each Holder shall, severally and not jointly, indemnify and hold harmless the Company, its the directors, officers, agents and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, officers, agents or employees of such controlling Persons, to the fullest extent permitted by applicable law, from and against all Losses, as incurred, arising solely out of or based solely upon any untrue or alleged untrue statement of a material fact contained in the Registration Statement, any Prospectus, or any form of prospectus, or in any amendment or supplement thereto or in any preliminary prospectus, or arising solely out of or based solely upon any omission or alleged omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto), in the light of the circumstances under which they were made, ) not misleading, to the extent, but only to the extent, that such untrue statement or omission is contained in or omitted from any information so furnished in writing by such Holder or other Indemnified Party to the Company expressly specifically for use therein inclusion in the Registration Statement or such Prospectus and that such information was reasonably relied upon by the Company for use thereinin the Registration Statement, such Prospectus or such form of prospectus or to the extent that such information relates to such Holder or such Holder's proposed method of distribution of Registrable Securities and was reviewed and expressly approved in writing by such Holder expressly for use in the Registration Statement, such Prospectus or such form of Prospectus or any amendment or supplement theretoSupplement. Notwithstanding anything to the contrary contained herein, the Holders Holder shall be liable under this Section 5(b) for only that amount as does not exceed the net proceeds to such Holder as a result of the sale of Registrable Securities pursuant to such Registration Statement.
Appears in 9 contracts
Samples: Registration Rights Agreement (Skymall Inc), Registration Rights Agreement (Esynch Corp/Ca), Registration Rights Agreement (Globus Wireless LTD)
Indemnification by Holders. Each Holder shall, severally and not jointly, indemnify and hold harmless the Company, its the directors, officers, agents and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, officers, agents or employees of such controlling Persons, and the respective successors, assigns, estate and personal representatives of each of the foregoing, to the fullest extent permitted by applicable law, from and against all Losses, as incurred, arising solely out of or based solely upon any untrue or alleged untrue statement of a material fact contained in the Registration Statement, any Prospectus, or any form of prospectus, or in any amendment or supplement thereto or in any preliminary prospectus, or arising solely out of or based solely upon any omission or alleged omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto), in the light of the circumstances under which they were made, ) not misleading, to the extent, but only to the extent, that such untrue statement or omission is contained in or omitted from any information so furnished in writing by such Holder or other Indemnified Party to the Company expressly specifically for use therein inclusion in the Registration Statement or such Prospectus and that such information was reasonably relied upon by the Company for use therein, or to the extent that such information relates to such Holder or such Holder's proposed method of distribution of Registrable Securities and was reviewed and expressly approved in writing by such Holder expressly for use in the Registration Statement, such Prospectus or such form of Prospectus or any amendment or supplement theretoprospectus. Notwithstanding anything to the contrary contained herein, the Holders Holder shall be liable under this Section 5(b6(b) for only that amount as does not exceed the net proceeds to such Holder as a result of the sale of Registrable Securities pursuant to such Registration Statement.
Appears in 8 contracts
Samples: Registration Rights Agreement (Xybernaut Corp), Registration Rights Agreement (Xybernaut Corp), Registration Rights Agreement (Xybernaut Corp)
Indemnification by Holders. Each Holder shall, severally and not jointly, indemnify and hold harmless the Company, its the directors, officers, agents and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, officers, agents or employees of such controlling Persons, to the fullest extent permitted by applicable law, from and against all Losses, as incurred, arising out of or based upon any untrue or alleged untrue statement of a material fact contained in the Registration Statement, any Prospectus, or any form of prospectus, or in any amendment or supplement thereto or in any preliminary prospectus, or arising out of or based upon any omission or alleged omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto), in the light of the circumstances under which they were made, not misleading, to the extent, but only to the extent, that such untrue statement or omission is contained in any information so furnished in writing by such Holder or other Indemnified Party to the Company expressly for use therein and that such information was reasonably relied upon by the Company for use therein, or to the extent that such information relates to such Holder or such Holder's proposed method of distribution of Registrable Securities and was reviewed and expressly approved in writing by such Holder expressly for use in the Registration Statement, such Prospectus or such form of Prospectus or any amendment or supplement thereto. Notwithstanding anything to the contrary contained herein, the Holders shall be liable under this Section 5(b) for only that amount as does not exceed the net proceeds to such Holder as a result of the sale of Registrable Securities pursuant to such Registration Statement.
Appears in 6 contracts
Samples: Registration Rights Agreement (Home Solutions of America Inc), Registration Rights Agreement (Home Solutions of America Inc), Registration Rights Agreement (Home Solutions of America Inc)
Indemnification by Holders. Each Holder shall, severally and not jointly, indemnify and hold harmless the Company, its the directors, officers, agents and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, officers, agents or employees of such controlling Persons, to the fullest extent permitted by applicable law, from and against all Losses, as incurred, arising solely out of or based solely upon any untrue or alleged untrue statement of a material fact contained in the Registration Statement, any Prospectus, or any form of prospectus, or in any amendment or supplement thereto or in any preliminary prospectus, or arising solely out of or based solely upon any omission or alleged omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto), in the light of the circumstances under which they were made, ) not misleading, to the extent, but only to the extent, that such untrue statement or omission is contained in any information so furnished in writing by such Holder or other Indemnified Party to the Company expressly specifically for use therein inclusion in the Registration Statement or such Prospectus and that such information was reasonably relied upon by the Company for use thereinin the Registration Statement, such Prospectus or such form of prospectus or to the extent that such information relates to such Holder or such Holder's proposed method of distribution of Registrable Securities and was reviewed and expressly approved in writing by such Holder expressly for use in the Registration Statement, such Prospectus or such form of Prospectus or any amendment or supplement theretoProspectus. Notwithstanding anything to the contrary contained herein, the Holders Holder shall be liable under this Section 5(b) for only that amount as does not exceed the net proceeds to such Holder as a result of the sale of Registrable Securities pursuant to such Registration Statement.
Appears in 6 contracts
Samples: Registration Rights Agreement (Pollution Research & Control Corp /Ca/), Registration Rights Agreement (Datametrics Corp), Registration Rights Agreement (Pollution Research & Control Corp /Ca/)
Indemnification by Holders. Each The Holder shall, severally and not jointly, indemnify and hold harmless the Company, its the directors, officers, agents and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, officers, agents or employees of such controlling Persons, and the respective successors, assigns, estate and personal representatives of each of the foregoing, to the fullest extent permitted by applicable law, from and against all Losses, as incurred, arising solely out of or based solely upon any untrue or alleged untrue statement of a material fact contained in the Registration Statement, any Prospectus, or any form of prospectus, or in any amendment or supplement thereto or in any preliminary prospectus, or arising solely out of or based solely upon any omission or alleged omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto), in the light of the circumstances under which they were made, ) not misleading, to the extent, but only to the extent, that such untrue statement or omission is contained in or omitted from any information so furnished in writing by such Holder or other Indemnified Party to the Company expressly specifically for use therein inclusion in the Registration Statement or such Prospectus and that such information was reasonably relied upon by the Company for use therein, or to the extent that such information relates to such Holder or such Holder's proposed method of distribution of Registrable Securities and was reviewed and expressly approved in writing by such Holder expressly for use in the Registration Statement, such Prospectus or such form of Prospectus or any amendment or supplement theretoprospectus. Notwithstanding anything to the contrary contained herein, the Holders Holder shall be liable under this Section 5(b) for only that amount as does not exceed the net proceeds to such Holder as a result of the sale of Registrable Securities pursuant to such Registration Statement.
Appears in 6 contracts
Samples: Registration Rights Agreement (Xybernaut Corp), Registration Rights Agreement (Xybernaut Corp), Registration Rights Agreement (Xybernaut Corp)
Indemnification by Holders. Each Holder shall, severally and not jointly, indemnify and hold harmless the Company, its directors, officers, agents and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, officers, agents or employees of such controlling Persons, to the fullest extent permitted by applicable law, from and against all Losses, as incurred, arising out of or are based upon any untrue or alleged untrue statement of a material fact contained in the any Registration Statement, any Prospectus, or any form of prospectus, or in any amendment or supplement thereto or in any preliminary prospectus, or arising out of or based upon relating to any omission or alleged omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus Prospectus, or any form of prospectus or supplement thereto), in the light of the circumstances under which they were made, ) not misleading, misleading (i) to the extent, but only to the extent, that such untrue statement statements or omission is contained in any omissions are based solely upon information so regarding such Holder furnished in writing by such Holder or other Indemnified Party to the Company expressly for use therein and that such information was reasonably relied upon by the Company for use therein, or to the extent that such information relates to such Holder or such Holder's proposed method of distribution of Registrable Securities and was reviewed and expressly approved in writing by such Holder expressly for use therein or (ii) in the Registration Statementcase of an occurrence of an event of the type specified in Section 3(c)(iii)-(v), such Prospectus or such form of Prospectus or any amendment or supplement thereto. Notwithstanding anything to the contrary contained hereinextent, but only to the Holders extent, related to the use by such Holder of an outdated or defective Prospectus after the Company has notified such Holder in writing that the Prospectus is outdated or defective and prior to the receipt by such Holder of the Advice contemplated in Section 6(e). In no event shall the liability of any selling Holder hereunder be liable under this Section 5(b) for only that greater in amount as does not exceed than the dollar amount of the net proceeds to received by such Holder as a result of upon the sale of the Registrable Securities pursuant giving rise to such Registration Statementindemnification obligation.
Appears in 4 contracts
Samples: Registration Rights Agreement (YRC Worldwide Inc.), Registration Rights Agreement (Carlyle Group L.P.), Registration Rights Agreement (Solus Alternative Asset Management LP)
Indemnification by Holders. Each Holder and its permitted assignees shall, severally and not jointly, indemnify and hold harmless the Company, its directors, officers, agents and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, officers, agents or employees of such controlling Persons, and the respective successors, assigns, estate and personal representatives of each of the foregoing, to the fullest extent permitted by applicable law, from and against all Losses, as incurred, arising out of or based upon relating to any untrue or alleged untrue statement of a material fact contained in the any Registration Statement, any Prospectus, as supplemented or any form of prospectusamended, or in any amendment or supplement thereto or in any preliminary prospectusif applicable, or arising out of or based upon relating to any omission or alleged omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto), in the light of the circumstances under which they were made, ) not misleading, to the extent, but only to the extent, that such untrue statement or omission or alleged untrue statement or omission is contained in or omitted from any information so regarding such Holder furnished in writing to the Company by such Holder or other Indemnified Party to the Company expressly for use therein in therein, and that such information was reasonably relied upon by the Company for use therein, or to the extent that such information relates to such Holder or such Holder's ’s proposed method of distribution of Registrable Securities and was reviewed and expressly approved furnished in writing by such Holder expressly for use therein (it being understood that each Holder has approved Annex A hereto for this purpose); provided, however, that in no event shall a Holder’s liability pursuant to this Subsection 5.2, exceed the proceeds from the offering received by such Holder, except in the Registration Statement, case of willful misconduct or fraud by such Prospectus or such form of Prospectus or any amendment or supplement thereto. Notwithstanding anything to the contrary contained herein, the Holders shall be liable under this Section 5(b) for only that amount as does not exceed the net proceeds to such Holder as a result of the sale of Registrable Securities pursuant to such Registration StatementHolder.
Appears in 4 contracts
Samples: Registration Rights Agreement (PLx Pharma Inc.), Registration Rights Agreement (Ziopharm Oncology Inc), Registration Rights Agreement (Ziopharm Oncology Inc)
Indemnification by Holders. Each selling Holder shallwill, severally and not jointlyin the event that any Registration is being effected under the Securities Act pursuant to this Agreement of any Registrable Securities held by such selling Holder, indemnify and hold harmless the Company, each of its directorsdirectors and officers and each Underwriter (if any), officersand each other selling Holder and each other person, agents and employeesif any, each Person who controls the Company (another selling Holder or such Underwriter within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directorsagainst any losses, officersclaims, agents judgments, damages or employees of liabilities, whether joint or several, insofar as such controlling Personslosses, to the fullest extent permitted by applicable lawclaims, from and against all Lossesjudgments, as incurred, arising damages or liabilities (or actions in respect thereof) arise out of or are based upon any untrue statement or alleged allegedly untrue statement of a material fact contained in any Registration Statement under which the sale of such Registrable Securities was registered under the Securities Act, any preliminary prospectus, final prospectus or summary prospectus contained in the Registration Statement, any Prospectus, or any form of prospectus, or in any amendment or supplement thereto or in any preliminary prospectusto the Registration Statement, or arising arise out of or are based upon any omission or the alleged omission of to state a material fact required to be stated therein or necessary to make the statements statement therein (in the case of any Prospectus or form of prospectus or supplement thereto), in the light of the circumstances under which they were made, not misleading, to if the extent, but only to the extent, that such untrue statement or omission is contained was made in any reliance upon and in conformity with information so furnished in writing by such Holder or other Indemnified Party to the Company by such selling Holder expressly for use therein and that such information was reasonably relied upon by the Company for use therein, and shall reimburse the Company, its directors and officers, and each other selling Holder or controlling person for any legal or other expenses reasonably incurred by any of them in connection with investigation or defending any such loss, claim, damage, liability or action. Each selling Holder’s indemnification obligations hereunder shall be several and not joint and shall be limited to the extent that such information relates to such Holder or such Holder's proposed method amount of distribution of Registrable Securities and was reviewed and expressly approved in writing any net proceeds actually received by such Holder expressly for use in the Registration Statement, such Prospectus or such form of Prospectus or any amendment or supplement thereto. Notwithstanding anything to the contrary contained herein, the Holders shall be liable under this Section 5(b) for only that amount as does not exceed the net proceeds to such Holder as a result of the sale of Registrable Securities pursuant to such Registration Statementselling Holder.
Appears in 4 contracts
Samples: Registration Rights Agreement (Advanced Merger Partners, Inc.), Registration Rights Agreement (Advanced Merger Partners, Inc.), Registration Rights Agreement (Golden Falcon Acquisition Corp.)
Indemnification by Holders. Each Holder shall, severally and not jointly, indemnify and hold harmless the Company, its the directors, officers, agents and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and or Section 20 of the Exchange Act), and the directors, officers, agents or employees of such controlling Persons, to the fullest extent permitted by applicable law, from and against all Losses, as incurred, arising solely out of or based solely upon any untrue or alleged untrue statement of a material fact contained in the Registration Statement, any Prospectus, or any form Form of prospectus, or in any amendment or supplement thereto or in any preliminary prospectus, or arising solely out of or based solely upon any omission or alleged omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form Form of prospectus or supplement thereto), in the light of the circumstances under which they were made, ) not misleading, to the extent, but only to the extent, that such untrue statement or omission is contained in any information so furnished in writing by such Holder or other Indemnified Party to the Company expressly specifically for use therein inclusion in the Registration Statement or such Prospectus and that such information was reasonably relied upon by the Company for use therein, or to the extent that such information relates to such Holder or such Holder's proposed method of distribution of Registrable Securities and was reviewed and expressly approved in writing by such Holder expressly for use in the Registration Statement, such Prospectus or such form Form of Prospectus or any amendment or supplement theretoprospectus. Notwithstanding anything to the contrary contained herein, the Holders a Holder shall be liable under this Section 5(b6(b) for only that amount as does not exceed the net proceeds to such Holder as a result of the sale of Registrable Securities pursuant to such Registration Statement.
Appears in 4 contracts
Samples: Registration Rights Agreement (Sassower Philip S), Registration Rights Agreement (JLM Industries Inc), Purchase Agreement (JLM Industries Inc)
Indemnification by Holders. Each In connection with any registration statement in which a Holder shallis participating, each such Holder shall furnish to the Company in writing such information and affidavits with respect to such Holder as the Company reasonably requests for use in connection with any such registration statement or prospectus and agrees to indemnify, severally and not jointly, indemnify and hold harmless to the fullest extent permitted by law, the Company, its directors, officers, directors and agents and employeeseach person, each Person if any, who controls the Company (within the meaning of Section 15 of the Securities Act Act) against any and Section 20 of the Exchange Act)all losses, claims, damages, liabilities and the directors, officers, agents or employees of such controlling Persons, to the fullest extent permitted by applicable law, expenses resulting from and against all Losses, as incurred, arising out of or based upon any untrue or alleged untrue statement of a material fact contained in the Registration Statement, any Prospectus, or any form of prospectus, or in any amendment or supplement thereto or in any preliminary prospectus, or arising out of or based upon any omission or alleged omission of a material fact required to be stated therein in any registration statement, prospectus or preliminary prospectus or any amendment thereof or supplement thereto or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto)a prospectus, in the light of the circumstances under which they were made, ) not misleading, to the extent, but only to the extent, that such untrue or alleged untrue statement or omission is contained in or omitted from, as the case may be, any information or affidavit with respect to such Holder so furnished in writing by such Holder or other Indemnified Party to the Company expressly for use therein and that such information was reasonably relied upon by the Company for use therein, or to the extent that such information relates to such Holder or such Holder's proposed method of distribution of Registrable Securities and was reviewed and expressly approved in writing by such Holder expressly specifically for use in the Registration Statement. Each Holder also shall indemnify any underwriters of the Registrable Securities, their officers and directors and each person who controls such Prospectus or such form underwriters (within the meaning of Prospectus or any amendment or supplement thereto. Notwithstanding anything the Securities Act) to the contrary contained herein, same extent as provided above with respect to the Holders shall be liable under this Section 5(b) for only that amount as does not exceed the net proceeds to such Holder as a result indemnification of the sale of Registrable Securities pursuant to such Registration StatementCompany.
Appears in 4 contracts
Samples: Registration Rights Agreement (Simon Property Group Inc /De/), Registration Rights Agreement (Simon Property Group Inc /De/), Registration Rights Agreement (Simon Property Group Inc /De/)
Indemnification by Holders. Each Holder shall, severally and not jointly, indemnify and hold harmless the Company, its directors, managers, partners, members, shareholders, officers, agents and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, managers, partners, members, shareholders, officers, agents or and employees of such controlling Persons, to the fullest extent permitted by applicable law, from and against all Losses, as incurred, arising out of or based solely upon any untrue or alleged untrue statement of a material fact contained in the Registration Statement, any Prospectus, or any form of prospectus, or in any amendment or supplement thereto or in any preliminary prospectus, or arising out of or based solely upon any omission or alleged omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto), in the light of the circumstances under which they were made, ) not misleading, to the extent, but only to the extent, that such untrue statement or omission is contained in any information so furnished in writing by such Holder or other Indemnified Party to the Company expressly for use therein and that such information was reasonably relied upon by the Company for use therein, or to the extent that such information relates to such Holder or such Holder's proposed method of distribution of Registrable Securities therein and was reviewed and expressly approved in writing by such Holder expressly for use in the Registration Statement, Statement or such Prospectus or such form of Prospectus or any amendment or supplement thereto. Notwithstanding anything to the contrary contained herein, the Holders each Holder shall be liable under this Section 5(b) for only that amount as does not exceed the net proceeds to such Holder as a result of the sale of Registrable Securities pursuant to such Registration Statement.
Appears in 3 contracts
Samples: Registration Rights Agreement (Juma Technology Corp.), Registration Rights Agreement (Juma Technology Corp.), Registration Rights Agreement (Total Luxury Group Inc)
Indemnification by Holders. Each Holder shall, severally and not jointly, indemnify and hold harmless the Company, Company and its directors, officers, agents and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, officers, agents or employees of such controlling Persons, representatives to the fullest extent permitted by applicable law, from and against all Losses, as incurred, to the extent, but only to the extent, arising out of or based upon solely upon: any untrue statement or alleged untrue statement misstatement of a material fact contained in the any Registration Statement, any Prospectus, Prospectus or any form of prospectus, prospectus or in any amendment or supplement thereto or in any preliminary prospectus, prospectus in any case covering the Registrable Securities or arising out of or based upon any the omission or alleged omission of to state a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto), in the light of the circumstances under which they were made, not misleading, to the extent, but only to the extent, that if such untrue statement or omission is contained was made in any reliance upon and in conformity with written information so furnished in writing by such Holder or other Indemnified Party to the Company expressly for use therein and that such information was reasonably relied upon by the Company for use therein, or to the extent that such information relates to such Holder or such Holder's proposed method on behalf of distribution of Registrable Securities and was reviewed and expressly approved in writing by such Holder Holders expressly for use in preparation of the Registration Statement, such any Prospectus or such any form of Prospectus prospectus or in any amendment or supplement theretothereto or in any preliminary prospectus. Notwithstanding anything In no event shall the liability of a selling Holder be greater in amount than the dollar amount of the proceeds (net of all expenses paid by such Holder in connection with any claim relating to the contrary contained herein, the Holders shall be liable under this Section 5(b) for only that 5 and the amount as does not exceed the net proceeds to of any damages such Holder as a result has otherwise been required to pay by reason of such untrue statement or omission) received by such Holder upon the sale of the Registrable Securities pursuant included in the Registration Statement giving rise to such Registration Statementindemnification obligation.
Appears in 3 contracts
Samples: Registration Rights Agreement (Vaccinex, Inc.), Registration Rights Agreement (Vaccinex, Inc.), Registration Rights Agreement (Vaccinex, Inc.)
Indemnification by Holders. Each Holder shall, severally and not ---------------------------- jointly, indemnify and hold harmless the Company, its the directors, officers, agents and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, officers, agents or employees of such controlling Persons, to the fullest extent permitted by applicable law, from and against all Losses, as incurred, arising solely out of or based solely upon any untrue or alleged untrue statement of a material fact contained in the Registration Statement, any Prospectus, or any form of prospectus, or in any amendment or supplement thereto or in any preliminary prospectus, or arising solely out of or based solely upon any omission or alleged omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto), in the light of the circumstances under which they were made, ) not misleading, to the extent, but only to the extent, that such untrue statement or omission is contained in any information so furnished in writing by such Holder or other Indemnified Party to the Company expressly specifically for use therein inclusion in the Registration Statement or such Prospectus and that such information was reasonably relied upon by the Company for use thereinin the Registration Statement, such Prospectus or such form of prospectus or to the extent that such information relates to such Holder or such Holder's proposed method of distribution of Registrable Securities and was reviewed and expressly approved in writing by such Holder expressly for use in the Registration Statement, such Prospectus or such form of Prospectus or any amendment or supplement thereto. Notwithstanding anything to the contrary contained herein, the Holders shall be liable under this Section 5(b) for only that amount as does not exceed the net proceeds to such Holder as a result of the sale of Registrable Securities pursuant to such Registration StatementProspectus.
Appears in 3 contracts
Samples: Registration Rights Agreement (Amanda Co Inc), Registration Rights Agreement (Amanda Co Inc), Registration Rights Agreement (Amanda Co Inc)
Indemnification by Holders. Each Holder shallHolder, if Registrable Securities held by it are included in the securities as to which a registration is being effected, agrees to, severally and not jointly, indemnify and hold harmless the Company, its directors, officers, agents and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, officers, agents or employees of such controlling Personsharmless, to the fullest extent permitted by applicable law, from the Company, its directors and officers, each other Person who participates as an Underwriter in the offering or sale of such securities and its Agents and each Person who controls the Company against any and all LossesClaims, insofar as incurred, arising such Claims arise out of or are based upon any untrue or alleged untrue statement of a material fact contained in the any Registration StatementStatement or Prospectus (including any preliminary, any Prospectus, final or any form of prospectus, or in summary prospectus and any amendment or supplement thereto or in any preliminary prospectusthereto) related to such registration, or arising out of or based upon any omission or alleged omission of to state therein a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto), in the light of the circumstances under which they were made, not misleading, to the extent, but only to the extent, that such untrue statement or alleged untrue statement or omission is contained or alleged omission was made in any reliance upon and in conformity with written information so furnished to the Company in writing an instrument duly executed by such Holder or other Indemnified Party to the Company specifically stating that it was expressly for use therein and therein; provided, however, that such information was reasonably relied upon by the Company for use therein, or to the extent that such information relates to aggregate amount which any such Holder or such Holder's proposed method shall be required to pay pursuant to this Section 5.2 shall in no event be greater than the amount of distribution of Registrable Securities and was reviewed and expressly approved in writing the net proceeds received by such Holder expressly for use in the Registration Statement, such Prospectus or such form of Prospectus or any amendment or supplement thereto. Notwithstanding anything to the contrary contained herein, the Holders shall be liable under this Section 5(b) for only that amount as does not exceed the net proceeds to such Holder as a result of upon the sale of the Registrable Securities pursuant to the Registration Statement giving rise to such Registration StatementClaims less all amounts previously paid by such Holder with respect to any such Claims.
Appears in 3 contracts
Samples: Registration Rights Agreement (Retail Ventures Inc), Registration Rights Agreement (Schottenstein RVI LLC), Registration Rights Agreement (DSW Inc.)
Indemnification by Holders. Each Holder shall, severally and not jointly, indemnify and hold harmless the Company, its the directors, officers, agents and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, officers, agents or employees of such controlling Persons, to the fullest extent permitted by applicable law, from and against all Losses, as incurred, arising out of or based upon any untrue or alleged untrue statement of a material fact contained in the Registration Statement, any Prospectus, or any form of prospectus, or in any amendment or supplement thereto or in any preliminary prospectus, or arising out of or based upon any omission or alleged omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto), in the light of the circumstances under which they were made, not misleading, to the extent, but only to the extent, that such untrue statement or omission is contained in any information so furnished in writing by such Holder or other Indemnified Party to the Company expressly for use therein and that such information was reasonably relied upon by the Company for use therein, or to the extent that such information relates to such Holder or such Holder's proposed method of distribution of Registrable Securities and was reviewed and expressly approved in writing by such Holder expressly for use in the Registration Statement, such Prospectus or such form of Prospectus or any amendment or supplement thereto. Notwithstanding anything to the contrary contained herein, the Holders shall be liable under this Section 5(b) for only that amount as does not exceed the net proceeds to such Holder as a result of the sale of Registrable Securities pursuant to such Registration Statement.
Appears in 2 contracts
Samples: Registration Rights Agreement (Ramp Corp), Registration Rights Agreement (Ramp Corp)
Indemnification by Holders. Each In connection with any registration in which any ASLP Holder, Principal Holder, Holdings Unit Holder, or Class B Holder shallis participating, severally including without limitation as a Selling Holder or for whose benefit the offering is undertaken pursuant to Section 2.1, such holder will furnish to the Company in writing such information with respect to it and not jointlyits Affiliates as the Company reasonably requests for use in connection with any such Registration Statement, prospectus, or preliminary prospectus. Such holder agrees to indemnify and hold harmless each of the Company, its directors, officers, agents respective directors and employeesofficers who sign the Registration Statement, each Person Person, if any, who controls the Company (within the meaning of Section 15 of either the Securities Act and Section 20 or of the Exchange Act)) the Company, each other ASLP Holder, Principal Holder, Holding Unit Holder and Class B Holder, and any prospective underwriters, as the directorscase may be, and any of their respective Affiliates, general partners, officers, employees, agents or employees of such and controlling Persons, to the fullest same extent permitted by applicable lawas the foregoing indemnity from the Company to such holder, from and against all Losses, as incurred, arising out of or based upon any untrue or alleged untrue statement of a material fact contained in the Registration Statement, any Prospectus, or any form of prospectus, or in any amendment or supplement thereto or in any preliminary prospectus, or arising out of or based upon any omission or alleged omission of a material fact required with respect to be stated therein or necessary (i) information relating to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto), in the light of the circumstances under which they were made, not misleading, such holder furnished to the extent, but only to the extent, that such untrue statement or omission is contained in any information so furnished Company in writing by such Holder or other Indemnified Party to the Company expressly for use therein and that such information was reasonably relied upon by the Company for use therein, or to the extent that such information relates to such Holder or such Holder's proposed method of distribution of Registrable Securities and was reviewed and expressly approved in writing by such Holder holder expressly for use in the Registration Statement, such Prospectus the prospectus, any amendment or such form supplement thereto, or any preliminary prospectus and (ii) and, with respect to Selling Holders only, the use of Prospectus any prospectus (or any amendment or supplement thereto. Notwithstanding anything to thereto or any preliminary prospectus) by such Selling Holder during a Suspension Period; provided, however, that the contrary contained herein, the Holders shall be liable liability of such Selling Holder under this Section 5(b) for only that 4.7 shall be limited to the amount as does not exceed the of net proceeds received by such Selling Holder in the offering giving rise to such Holder as a result of the sale of Registrable Securities pursuant to such Registration Statementliability.
Appears in 2 contracts
Samples: Exchange and Registration Rights Agreement (American Seafoods Corp), Exchange and Registration Rights Agreement (American Seafoods Corp)
Indemnification by Holders. Each Holder shall, severally and not -------------------------- jointly, indemnify and hold harmless the Company, its the directors, officers, agents and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, officers, agents or employees of such controlling Persons, to the fullest extent permitted by applicable law, from and against all Losses, as incurred, arising solely out of or based solely upon any untrue or alleged untrue statement of a material fact contained in the Registration Statement, any Prospectus, or any form of prospectus, or in any amendment or supplement thereto or in any preliminary prospectus, or arising solely out of or based solely upon any omission or alleged omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto), in the light of the circumstances under which they were made, ) not misleading, to the extent, but only to the extent, that such untrue statement or omission is contained in or omitted from any information so furnished in writing by such Holder or other Indemnified Party to the Company expressly specifically for use therein inclusion in the Registration Statement or such Prospectus and that such information was reasonably relied upon by the Company for use thereinin the Registration Statement, such Prospectus or such form of prospectus or to the extent that such information relates to such Holder or such Holder's proposed method of distribution of Registrable Securities and was reviewed and expressly approved in writing by such Holder expressly for use in the Registration Statement, such Prospectus or such form of Prospectus or any amendment or supplement theretoSupplement. Notwithstanding anything to the contrary contained herein, the Holders Holder shall be liable under this Section 5(b) for only that amount as does not exceed the net proceeds to such Holder as a result of the sale of Registrable Securities pursuant to such Registration Statement.
Appears in 2 contracts
Samples: Registration Rights Agreement (Net Value Holdings Inc), Registration Rights Agreement (Speedcom Wireless Corp)
Indemnification by Holders. Each Holder shall, severally and not jointly, indemnify and hold harmless the Company, its directors, members, partners, representatives, officers, agents and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, officers, agents or and employees of such controlling Persons, to the fullest extent permitted by applicable law, from and against all Losses, as incurred, arising solely out of or based solely upon any untrue or alleged untrue statement of a material fact contained in the Registration Statement, any Prospectus, or any form of prospectus, or in any amendment or supplement thereto or in any preliminary prospectusthereto, or arising solely out of or based solely upon any omission or alleged omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto), in the light of the circumstances under which they were made, ) not misleading, to the extent, but only to the extent, extent that (i) such untrue statement or omission is contained in or omitted from any information so furnished in writing by such Holder or other Indemnified Party to the Company expressly specifically for use therein inclusion in the Registration Statement or such Prospectus and that such information was reasonably relied upon by the Company for use therein, or to the extent that such information relates to such Holder or such Holder's proposed method of distribution of Registrable Securities and was reviewed and expressly approved in writing by such Holder expressly for use in the Registration Statement, such Prospectus Prospectus, or such form of Prospectus or in any amendment or supplement thereto; provided, however, that the indemnity agreement contained in this section shall not apply to amounts paid in settlement of any Losses if such settlement is effected without the prior written consent of the Holder, which consent shall not be unreasonably withheld. Notwithstanding anything to the contrary contained herein, the Holders Holder shall be liable under this Section 5(b) section for only 200% of the amount that amount as does not exceed the net proceeds to such Holder as a result of the sale of such Registrable Securities pursuant to such Registration Statement.
Appears in 2 contracts
Samples: Investor Rights Agreement (Acurx Pharmaceuticals, LLC), Investor Rights Agreement (Dipexium Pharmaceuticals, LLC)
Indemnification by Holders. Each Holder shall, severally and not jointly, indemnify and hold harmless the Company, its the directors, officers, agents and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, officers, agents or employees of such controlling Persons, to the fullest extent permitted by applicable law, from and against all Losses, as incurred, arising solely out of or based solely upon any untrue or alleged untrue statement of a material fact contained in the Registration Statement, any Prospectus, or any form of prospectus, or in any amendment or supplement thereto or in any preliminary prospectus, or arising solely out of or based solely upon any omission or alleged omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto), in the light of the circumstances under which they were made, not misleading, misleading to the extent, but only to the extent, that such untrue statement or omission is contained in any information so furnished in writing by such Holder or other Indemnified Party to the Company expressly specifically for use therein inclusion in the Registration Statement or such Prospectus and that such information was reasonably relied upon by the Company for use thereinin the Registration Statement, such Prospectus or such form of prospectus or to the extent that such information relates to such Holder or such Holder's proposed method of distribution of Registrable Securities and was reviewed and expressly approved in writing by such Holder expressly for use in the Registration Statement, such Prospectus or such form of Prospectus or any amendment or supplement thereto. Notwithstanding anything to prospectus; provided, however, that the contrary indemnity agreement contained herein, the Holders shall be liable under in this Section 5(b) for only that shall not apply to amounts paid in settlement of any Losses if such settlement is effected without the prior written consent of such Holder, which consent shall not be unreasonably withheld. In no event shall the liability of any selling Holder hereunder be greater in amount as does not exceed than the dollar amount of the net proceeds to received by such Holder as a result of upon the sale of the Registrable Securities pursuant giving rise to such Registration Statementindemnification obligation.
Appears in 2 contracts
Samples: Registration Rights Agreement (Endocare Inc), Registration Rights Agreement (Endocare Inc)
Indemnification by Holders. Each Holder shall, severally and not jointly, indemnify and hold harmless the Company, its directors, officers, agents and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, officers, agents or and employees of such controlling Persons, to the fullest extent permitted by applicable law, from and against all Losses, as incurred, arising solely out of or based solely upon any untrue or alleged untrue statement of a material fact contained in the Registration Statement, any Prospectus, or any form of prospectus, or in any amendment or supplement thereto or in any preliminary prospectusthereto, or arising solely out of or based solely upon any omission or alleged omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto), in the light of the circumstances under which they were made, ) not misleading, to the extent, but only to the extent, that such untrue statement or omission is contained in any information so furnished in writing by such Holder or other Indemnified Indemnifying Party to the Company expressly specifically for use therein and that such information was reasonably relied upon by the Company for use therein, or to the extent that such information relates to such Holder or such Holder's proposed method of distribution of Registrable Securities and was reviewed and expressly approved in writing by such Holder expressly for use inclusion in the Registration Statement, such Prospectus Statement or such form of Prospectus or any Prospectus, amendment or supplement theretosupplement. Notwithstanding anything to the contrary contained herein, the Holders each Holder shall be liable under this Section 5(b) for only that amount as does not exceed the net proceeds to such Holder as a result of the sale of Registrable Securities pursuant to such Registration Statement.
Appears in 2 contracts
Samples: Registration Rights Agreement (MDwerks, Inc.), Registration Rights Agreement (MDwerks, Inc.)
Indemnification by Holders. Each Holder shall, severally and not -------------------------- jointly, indemnify and hold harmless the Company, its the directors, officers, agents and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, officers, agents or employees of such controlling Persons, and the respective successors, assigns, estate and personal representatives of each of the foregoing, to the fullest extent permitted by applicable law, from and against all Losses, as incurred, arising solely out of or based solely upon any untrue or alleged untrue statement of a material fact contained in the Registration Statement, any Prospectus, or any form of prospectus, or in any amendment or supplement thereto or in any preliminary prospectus, or arising solely out of or based solely upon any omission or alleged omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto), in the light of the circumstances under which they were made, ) not misleading, to the extent, but only to the extent, that such untrue statement or omission is contained in or omitted from any information so furnished in writing by such Holder or other Indemnified Party to the Company expressly specifically for use therein inclusion in the Registration Statement or such Prospectus and that such information was reasonably relied upon by the Company for use therein, or to the extent that such information relates to such Holder or such Holder's proposed method of distribution of Registrable Securities and was reviewed and expressly approved in writing by such Holder expressly for use in the Registration Statement, such Prospectus or such form of Prospectus or any amendment or supplement theretoprospectus. Notwithstanding anything to the contrary contained herein, the Holders Holder shall be liable under this Section 5(b) for only that amount as does not exceed the net proceeds to such Holder as a result of the sale of Registrable Securities pursuant to such Registration Statement.
Appears in 2 contracts
Samples: Registration Rights Agreement (Mphase Technologies Inc), Registration Rights Agreement (Mphase Technologies Inc)
Indemnification by Holders. Each Holder shallIn the event of a registration of the Registrable Securities under the Securities Act pursuant to this Agreement, each Holder, severally and not jointly, will indemnify and hold harmless the Company, and its directors, officers, agents directors and employeeseach other Person, each Person if any, who controls the Company (within the meaning of Section 15 of the Securities Act, against all Losses to which the Company or such Persons may become subject under the Securities Act and Section 20 of the Exchange Act)or otherwise, and the directors, officers, agents insofar as such Losses (or employees of such controlling Persons, to the fullest extent permitted by applicable law, from and against all Losses, as incurred, arising actions in respect thereof) arise out of or are based upon any untrue statement or alleged untrue statement of a any material fact contained in the Registration StatementStatement under which such Registrable Securities were registered under the Securities Act pursuant to this Agreement, any Prospectuspreliminary Prospectus or final Prospectus contained therein, or any form of prospectus, or in any amendment or supplement thereto or in any preliminary prospectusthereof, or arising arise out of or are based upon any the omission or alleged omission of to state therein a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto), in the light of the circumstances under which they were made, not misleading, to and will reimburse the extentCompany and each such Person for any reasonable legal or other expenses incurred by them in connection with investigating or defending any such Losses; provided, but however, that a Holder will be liable in any such case if and only to the extent, extent that any such Losses arise out of or are based upon an untrue statement or alleged untrue statement or omission is contained or alleged omission so made in any conformity with information so furnished in writing by such Holder or other Indemnified Party to the Company expressly for use therein and that such information was reasonably relied upon by the Company for use therein, or to the extent that such information relates to on behalf of such Holder or such Holder's proposed method of distribution of Registrable Securities and was reviewed and expressly approved in writing by such Holder expressly specifically for use in the Registration Statement, any such Prospectus or such form of Prospectus or any amendment or supplement thereto. Notwithstanding anything to the contrary contained herein, the Holders shall be liable under this Section 5(b) for only that amount as does not exceed the net proceeds document and specifically relating to such Holder as a result of the sale of Registrable Securities pursuant to such Registration StatementHolder.
Appears in 2 contracts
Samples: Securities Purchase Agreement (Softech Inc), Registration Rights Agreement (Softech Inc)
Indemnification by Holders. Each In the event of a registration of the Registrable Securities under the Securities Act pursuant to this Agreement, each Holder shallwill severally, severally and but not jointly, indemnify and hold harmless the Company, its directors, officerseach of its officers who signs the Registration Statement, agents and employeeseach other Person, each Person if any, who controls the Company (within the meaning of Section 15 of the Securities Act, against all Losses to which the Company or such Persons may become subject under the Securities Act and Section 20 of the Exchange Act)or otherwise, and the directors, officers, agents or employees of insofar as such controlling Persons, to the fullest extent permitted by applicable law, from and against all Losses, as incurred, arising Losses arise out of or are based upon any untrue statement or alleged untrue statement of a any material fact contained in the Registration StatementStatement under which such Registrable Securities were registered under the Securities Act pursuant to this Agreement, any Prospectuspreliminary Prospectus or final Prospectus contained therein, or any form of prospectus, or in any amendment or supplement thereto or in any preliminary prospectusthereof, or arising arise out of or are based upon any the omission or alleged omission of to state therein a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto), in the light of the circumstances under which they were made, not misleading, to and will reimburse the extentCompany and each such Person for any reasonable legal or other expenses incurred by them in connection with investigating or defending any such Losses; provided, but however, that a Holder will be liable in any such case if and only to the extent, extent that any such Losses arise out of or are based upon an untrue statement or alleged untrue statement or omission is contained or alleged omission so made in any conformity with information so furnished in writing by such Holder or other Indemnified Party to the Company expressly for use therein and that such information was reasonably relied upon by the Company for use therein, or to the extent that such information relates to on behalf of such Holder or such Holder's proposed method of distribution of Registrable Securities and was reviewed and expressly approved in writing by such Holder expressly specifically for use in the Registration Statement, any such Prospectus or such form of Prospectus or any amendment or supplement thereto. Notwithstanding anything to the contrary contained herein, the Holders shall be liable under this Section 5(b) for only that amount as does not exceed the net proceeds document and specifically relating to such Holder as a result of the sale of Registrable Securities pursuant to such Registration StatementHolder.
Appears in 2 contracts
Samples: Registration Rights Agreement (Intersections Inc), Registration Rights Agreement (CareView Communications Inc)
Indemnification by Holders. Each Holder shall, severally and not jointly, indemnify and hold harmless the Company, its directors, officers, agents and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, officers, agents or and employees of such controlling Persons, to the fullest extent permitted by applicable law, from and against all LossesLosses (as determined by a court of competent jurisdiction in a final judgment not subject to appeal or review), as incurred, (i) arising solely out of or based solely upon any untrue or alleged untrue statement of a material fact contained in the Registration Statement, any Prospectus, or any form of prospectus, or in any amendment or supplement thereto or in any preliminary prospectusthereto, or arising solely out of or based solely upon any omission or alleged omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto), in the light of the circumstances under which they were made, ) not misleading, to the extent, but only to the extent, that such untrue statement or omission is contained in any information so furnished in writing by such Holder or other Indemnified Indemnifying Party to the Company expressly specifically for use therein and that inclusion in the Registration Statement or such information was reasonably relied upon by the Company for use thereinProspectus, or to the extent that such information relates to (ii) arising out of any failure by such Holder or to comply with such Holder's proposed method of distribution ’s obligations under Section 3(m) to discontinue dispositions of Registrable Securities and was reviewed and expressly approved in writing by such Holder expressly for use in after receipt of notice from the Registration Statement, such Prospectus or such form of Prospectus or any amendment or supplement theretoCompany to do so under the circumstances therein provided. Notwithstanding anything to the contrary contained herein, the Holders each Holder shall be liable under this Section 5(b) for only that amount as does not exceed the net proceeds to such Holder as a result of the sale of Registrable Securities pursuant to such Registration Statement.
Appears in 2 contracts
Samples: Registration Rights Agreement (Kaching Kaching, Inc.), Registration Rights Agreement (Duke Mining Company, Inc.)
Indemnification by Holders. Each Holder shall, severally and not jointly, indemnify and hold harmless the Company, its the directors, officers, agents and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, officers, agents or employees of such controlling Persons, to the fullest extent permitted by applicable law, from and against all Losses, as incurred, arising solely out of or based solely upon any untrue or alleged untrue statement of a material fact contained in the Registration Statement, any Prospectus, or any form of prospectus, or in any amendment or supplement thereto or in any preliminary prospectus, or arising solely out of or based solely upon any omission or alleged omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto), in the light of the circumstances under which they were made, not misleading, misleading to the extent, but only to the extent, that such untrue statement or omission is contained in any information so furnished in writing by such Holder or other Indemnified Party to the Company expressly specifically for use therein inclusion in the Registration Statement or such Prospectus and that such information was reasonably relied upon by the Company for use thereinin the Registration Statement, such Prospectus or such form of prospectus or to the extent that such information relates to such Holder or such Holder's proposed method of distribution of Registrable Securities and was reviewed and expressly approved in writing by such Holder expressly for use in the Registration Statement, such Prospectus or such form of Prospectus or any amendment or supplement thereto. Notwithstanding anything to prospectus; provided, however, that the contrary indemnity agreement contained herein, the Holders shall be liable under in this Section 5(b) for only that shall not apply to amounts paid in settlement of any Losses if such settlement is effected without the prior written consent of such Holder. In no event shall the liability of any selling Holder hereunder be greater in amount as does not exceed than the dollar amount of the net proceeds to received by such Holder as a result of upon the sale of the Registrable Securities pursuant giving rise to such Registration Statementindemnification obligation.
Appears in 2 contracts
Samples: Registration Rights Agreement (Uniview Technologies Corp), Registration Rights Agreement (Uniview Technologies Corp)
Indemnification by Holders. Each Holder shall, (severally and not jointly, ) will indemnify and hold harmless harmless, to the fullest extent permitted by law, the Company, its officers, directors, officers, agents and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and or Section 20 of the Exchange Act), and the directors, officers, owners, agents or and employees of any such controlling Persons, to the fullest extent permitted by applicable lawPerson, from and against all Losses, as incurred, Losses arising out of or based upon (i) any violation by the Holders (through no fault of the Company) of the provisions of the Securities Act or any of the rules or regulations promulgated thereunder with respect to Registrable Securities covered by any Registration Statement or (ii) any untrue or alleged untrue statement of a material fact contained or incorporated by reference in the any Registration Statement, any Prospectus, Free Writing Prospectus, or any form of prospectus, preliminary prospectus or in any amendment thereof, (including any term sheet or supplement thereto other information provided to purchasers at or in any preliminary prospectus, prior to the time of sale) or arising out of or based upon any omission or alleged omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto)therein, in the light of the circumstances under which they were made, not misleading, to the extent, but and only to the extent, that such untrue statement or alleged untrue statement or omission is contained or alleged omission was made in any reliance upon and in conformity with information so furnished in writing by or on behalf of such Holder or other Indemnified Party to the Company expressly for use therein and that in such information was reasonably relied upon by Registration Statement, Prospectus or preliminary prospectus. In no event will the Company for use therein, or to liability of any Holder be greater in amount than the extent that such information relates to such Holder or such Holder's proposed method dollar amount of distribution of Registrable Securities and was reviewed and expressly approved in writing the net proceeds received by such Holder expressly for use in the Registration Statement, such Prospectus or such form of Prospectus or any amendment or supplement thereto. Notwithstanding anything to the contrary contained herein, the Holders shall be liable under this Section 5(b) for only that amount as does not exceed the net proceeds to such Holder as a result of upon the sale of the Registrable Securities pursuant giving rise to such Registration Statementindemnification obligation.
Appears in 2 contracts
Samples: Registration Rights Agreement (Verint Systems Inc), Registration Rights Agreement (Comverse Technology Inc/Ny/)
Indemnification by Holders. Each Holder shall, severally and not jointlynotwithstanding any termination of this Agreement, severally, based on each Holder’s respective percentage of Registrable Securities, indemnify and hold harmless the Company, its the directors, officers, agents agents, representatives and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, officers, agents or employees of such controlling Persons, to the fullest extent permitted by applicable law, from and against all Losses, as incurred, arising out of or based upon relating to any untrue or alleged untrue statement of a material fact contained in the Registration Statement, any Prospectus, Prospectus or any form of prospectus, prospectus or in any amendment or supplement thereto or in any preliminary prospectus, or arising out of or based upon any omission or alleged omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto), in the light of the circumstances under which they were made, ) not misleading, to the extent, but only to the extent, extent that such untrue statement or omission is contained in or omitted from any information so furnished in writing by such Holder or other Indemnified Party to the Company expressly for use inclusion therein and that such information was reasonably relied upon by the Company for use therein, or to the extent that such information relates to such Holder or such Holder's proposed method of distribution of Registrable Securities and was reviewed and expressly or approved in writing by such Holder expressly for use in the Registration Statement, such Prospectus or such form of Prospectus Supplement or in any amendment or supplement thereto. Notwithstanding anything to the contrary contained herein, the Holders shall be liable under this Section 5(b) for only that amount as does not exceed the net proceeds to such Holder as a result of the sale of Registrable Securities pursuant to such Registration Statement.
Appears in 2 contracts
Samples: Registration Rights Agreement (Langer Inc), Registration Rights Agreement (Langer Inc)
Indemnification by Holders. Each Holder shall, severally and not jointly, indemnify and hold harmless the Company, its the directors, officers, agents and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, officers, agents or employees of such controlling Persons, to the fullest extent permitted by applicable law, from and against all Losses, as incurred, arising solely out of or based solely upon any untrue or alleged untrue statement of a material fact contained in the Registration Statement, any Prospectus, or any form of prospectus, or in any amendment or supplement thereto or in any preliminary prospectus, or arising solely out of or based solely upon any omission or alleged omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto), in the light of the circumstances under which they were made, ) not misleading, to the extent, but only to the extent, that such untrue statement or omission is contained in any information so furnished in writing by such Holder or other Indemnified Party to the Company expressly specifically for use therein inclusion in the Registration Statement or such Prospectus and that such information was reasonably relied upon by the Company for use thereinin the Registration Statement, such Prospectus or such form of prospectus or to the extent that such information relates to such Holder or such Holder's proposed method of distribution of Registrable Securities and was reviewed and expressly approved in writing by such Holder expressly for use in the Registration Statement, such Prospectus or such form of Prospectus or any amendment or supplement theretoProspectus. Notwithstanding anything to the contrary contained herein, the Holders a Holder shall be liable under this Section 5(b6(b) for only that amount as does not exceed the net proceeds to such Holder as a result of the sale of Registrable Securities pursuant to such Registration Statement.
Appears in 2 contracts
Samples: Registration Rights Agreement (Flightserv Com), General Release and Settlement Agreement (Eresource Capital Group Inc)
Indemnification by Holders. Each Holder shall, severally and not jointly, indemnify and hold harmless the Company, its directors, officers, agents and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, officers, agents or and employees of such controlling Persons, to the fullest extent permitted by applicable law, from and against all Losses, as incurred, arising solely out of or based solely upon any untrue or alleged untrue statement of a material fact contained in the Registration Statement, any Prospectus, or any form of prospectus, or in any amendment or supplement thereto or in any preliminary prospectusthereto, or arising solely out of or based solely upon any omission or alleged omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto), in the light of the circumstances under which they were made, ) not misleading, to the extent, but only to the extent, that such untrue statement or omission is contained in any information so furnished in writing by such Holder or other Indemnified Indemnifying Party to the Company expressly specifically for use therein and that such information was reasonably relied upon by the Company for use therein, or to the extent that such information relates to such Holder or such Holder's proposed method of distribution of Registrable Securities and was reviewed and expressly approved in writing by such Holder expressly for use inclusion in the Registration Statement, such Prospectus Statement or such form of Prospectus or any amendment or supplement theretoProspectus. Notwithstanding anything to the contrary contained herein, the Holders each Holder shall be liable under this Section 5(b) only for only the lesser of (a) the actual damages incurred or (b) that amount as does not exceed the net gross proceeds to such Holder as a result of the sale of his, her or its Registrable Securities pursuant to such Registration Statement.
Appears in 2 contracts
Samples: Registration Rights Agreement (Southern Sauce Company, Inc.), Registration Rights Agreement (International Imaging Systems Inc)
Indemnification by Holders. Each Holder shall, severally and not jointly, indemnify and hold harmless the Company, its directors, officers, agents and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, officers, agents or and employees of such controlling Persons, to the fullest extent permitted by applicable law, from and against all LossesLosses (as determined by a court of competent jurisdiction in a final judgment not subject to appeal or review), as incurred, arising solely out of or based solely upon any untrue or alleged untrue statement of a material fact contained in the Registration Statement, any Prospectus, or any form of prospectus, or in any amendment or supplement thereto or in any preliminary prospectus, or arising solely out of or based solely upon any omission or alleged omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto), in the light of the circumstances under which they were made, ) not misleading, to the extent, but only to the extent, that such untrue statement or omission is contained in any information so furnished in writing by such Holder or other Indemnified Indemnifying Party to the Company expressly specifically for use therein and that such information was reasonably relied upon by the Company for use therein, or to the extent that such information relates to such Holder or such Holder's proposed method of distribution of Registrable Securities and was reviewed and expressly approved in writing by such Holder expressly for use inclusion in the Registration Statement, such Prospectus Statement or such form of Prospectus or any amendment or supplement theretoProspectus. Notwithstanding anything to the contrary contained herein, the Holders shall be liable under this Section 5(b) for only that amount as does not exceed the lesser of (i) the dollar amount of the net proceeds to received by such Holder as a result of upon the sale of the Registrable Securities giving rise to such indemnification obligation and (ii) the aggregate purchase price paid by the Holder for the Shsares pursuant to such Registration Statementthe Purchase Agreement.
Appears in 2 contracts
Samples: Note and Warrant Purchase Agreement (Eden Energy Corp), Registration Rights Agreement (Eden Energy Corp)
Indemnification by Holders. Each Holder shall, severally and not jointly, indemnify and hold harmless the Company, its officers, directors, officers, agents and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the officers, directors, officers, agents or and employees of such controlling Persons, to the fullest extent permitted by applicable law, from and against all Losses, as incurred, arising solely out of or based solely upon any untrue or alleged untrue statement of a material fact contained in the Registration Statement, any Prospectus, or any form of prospectus, or in any amendment or supplement thereto or in any preliminary prospectus, or arising solely out of or based solely upon any omission or alleged omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto), in the light of the circumstances under which they were made, not misleading, misleading to the extent, but only to the extent, that such untrue statement or omission is contained in any information so furnished in writing by such Holder or other Indemnified Party to the Company expressly specifically for use therein inclusion in the Registration Statement or such Prospectus and that such information was reasonably relied upon by the Company for use thereinin the Registration Statement, such Prospectus or such form of prospectus or to the extent that such information relates to such Holder or such Holder's proposed method of distribution of Registrable Securities and was reviewed and expressly approved in writing by such Holder expressly for use in the Registration Statement, such Prospectus or such form of Prospectus or any amendment or supplement thereto. Notwithstanding anything to prospectus; provided, however, that the contrary indemnity agreement contained herein, the Holders shall be liable under in this Section 5(b) for only that shall not apply to amounts paid in settlement of any Losses if such settlement is effected without the prior written consent of such Holder, which consent shall not be unreasonably withheld. In no event shall the liability of any selling Holder hereunder be greater in amount as does not exceed than the net dollar amount of the gross proceeds to received by such Holder as a result of upon the sale of the Registrable Securities pursuant giving rise to such Registration Statementindemnification obligation.
Appears in 2 contracts
Samples: Registration Rights Agreement (Orthovita Inc), Registration Rights Agreement (Orthovita Inc)
Indemnification by Holders. Each Holder shall, severally and not jointly, indemnify and hold harmless the Company, its directors, officers, agents and employees, each Controlling Person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act)Company, and the directors, officers, agents or employees of such controlling Controlling Persons, to the fullest extent permitted by applicable law, from and against all Losses, as incurred, arising out of or are based upon any untrue or alleged untrue statement of a material fact contained in the any Registration Statement, any Prospectus, or any form of prospectus, or in any amendment or supplement thereto or in any preliminary prospectus, or arising out of or based upon relating to any omission or alleged omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus Prospectus, or any form of prospectus or supplement thereto), in the light of the circumstances under which they were made, ) not misleading, misleading (i) to the extent, but only to the extent, that such untrue statement statements or omission is contained in any omissions are based solely upon information so regarding such Holder furnished in writing to the Company by such Holder or other Indemnified Party to the Company expressly for use therein and that such information was reasonably relied upon by the Company for use therein, or (ii) to the extent extent, but only to the extent, that such information relates to such Holder or such Holder's ’s proposed method of distribution of Registrable Securities and was reviewed and expressly approved in writing by such Holder expressly for use in a Registration Statement (it being understood that the Registration StatementHolder has approved Appendix A hereto for this purpose), such Prospectus or such form of Prospectus or in any amendment or supplement thereto. Notwithstanding anything to the contrary contained herein, the Holders shall be liable under this Section 5(b) for only that amount as does not exceed the net proceeds to such Holder as a result of the sale of Registrable Securities pursuant to such Registration Statement.
Appears in 2 contracts
Samples: Registration Rights Agreement (Stock Yards Bancorp, Inc.), Registration Rights Agreement (Stock Yards Bancorp, Inc.)
Indemnification by Holders. Each Holder shall, severally and not jointly, indemnify and hold harmless the Company, its directors, officers, agents and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the its directors, officers, agents or employees of such controlling Persons, to the fullest extent permitted by applicable law, from and against all Losses, as incurred, arising solely out of or based solely upon any untrue or alleged untrue statement of a material fact contained in the Registration Statement, any Prospectus, or any form of prospectus, or in any amendment or supplement thereto or in any preliminary prospectus, or arising solely out of or based solely upon any omission or alleged omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto), in the light of the circumstances under which they were made, ) not misleading, to the extent, but only to the extent, that such untrue statement or omission is contained in or omitted from any information so furnished in writing by such Holder or other Indemnified Party to the Company expressly specifically for use therein inclusion in the Registration Statement or such Prospectus and that such information was reasonably relied upon by the Company for use thereinin the Registration Statement, such Prospectus or such form of prospectus or to the extent that such information relates to such Holder or such Holder's proposed method of distribution of Registrable Securities and was reviewed and expressly approved in writing by such Holder expressly for use in the Registration Statement, such Prospectus or such form of Prospectus or any amendment or supplement theretoSupplement. Notwithstanding anything to the contrary contained herein, the Holders Holder shall be liable under this Section 5(b6(b) for only that amount as does not exceed the net proceeds to such Holder as a result of the sale of Registrable Securities pursuant to such Registration Statement.
Appears in 2 contracts
Samples: Registration Rights Agreement (GTX Inc/Tn), Registration Rights Agreement (GTX Inc/Tn)
Indemnification by Holders. Each Holder shall, severally and not jointly, indemnify and hold harmless the Company, its directors, officers, agents agents, consultants and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, officers, agents or employees of such controlling Persons, to the fullest extent permitted by applicable law, from and against all Losses, as incurred, arising out of or based upon any untrue or alleged untrue statement of a material fact contained in the Registration Statement, any Prospectus, or any form of prospectus, or in any amendment or supplement thereto or in any preliminary prospectus, or arising out of or based upon any omission or alleged omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto), in the light of the circumstances under which they were made, not misleading, to the extent, but only to the extent, that such untrue statement or omission is contained in any information so furnished in writing by such Holder Holder, Special Counsel, Holder's counsel or other Indemnified Party to the Company expressly for use therein and that such information was reasonably relied upon by the Company for use therein, or to the extent that such information relates to such Holder or such Holder's proposed method of distribution of Registrable Securities and was reviewed and expressly approved provided in writing by such Holder Holder, Special Counsel or Holder's counsel expressly for use in the Registration Statement, such Prospectus or such form of Prospectus or any amendment or supplement thereto. Notwithstanding anything to the contrary contained herein, the Holders shall be liable under this Section 5(b) for only that amount as does not exceed the net proceeds to such Holder as a result of the sale of Registrable Securities pursuant to such Registration Statement.
Appears in 2 contracts
Samples: Registration Rights Agreement (Cytomedix Inc), Registration Rights Agreement (Cytomedix Inc)
Indemnification by Holders. Each In connection with any registration statement in which a Holder shallis participating, each such Holder will furnish to the Company in writing such information and affidavits as the Company reasonably requests for use in connection with any such registration statement and related prospectus and, to the extent permitted by law, will indemnify, severally and not jointly, indemnify and hold harmless the Company, its directors, officers, agents directors and employees, officers and each Person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, officers, agents or employees of such controlling Persons, to the fullest extent permitted by applicable law, ) against any Losses resulting from and against all Losses, as incurred, arising out of or based upon any untrue or alleged untrue statement of a material fact contained in the Registration Statementregistration statement, any Prospectus, prospectus or preliminary prospectus or any form of prospectus, or in any amendment thereof or supplement thereto or in any preliminary prospectus, or arising out of or based upon any omission or alleged omission of a material fact required to be stated therein or necessary to make the statements therein (not misleading and will reimburse the Company and such directors, officers, partners, members, managers, stockholders, accountants, attorneys, employees, agents, Persons, or control Persons for any legal or any other expenses reasonably incurred in the case of connection with investigating or defending any Prospectus such claim, loss, damage, liability, or form of prospectus or supplement thereto)action, in the light of the circumstances under which they were made, not misleading, each case to the extent, but only to the extent, that such untrue statement or omission is contained or should have been contained in any information or affidavit so furnished in writing by such Holder or other Indemnified Party to the Company expressly for use therein and that such information was reasonably relied upon by the Company for use therein, or to the extent that such information relates to such Holder or such Holder's proposed method of distribution of Registrable Securities and was reviewed and expressly approved in writing by such Holder expressly for use in the Registration Statementsuch registration statement, such Prospectus prospectus or such form of Prospectus preliminary prospectus or any amendment thereof or supplement thereto. Notwithstanding anything ; provided, that the obligation to indemnify will be individual to each Holder and will be limited to the contrary contained herein, the Holders shall be liable under this Section 5(b) for only that amount as does not exceed the of net proceeds to received by such Holder as a result of holder from the sale of Registrable Securities pursuant to such Registration Statementregistration statement.
Appears in 2 contracts
Samples: Registration Rights Agreement (Pure Biofuels Corp), Registration Rights Agreement (Deep Down, Inc.)
Indemnification by Holders. Each Holder The Holders shall, severally and not jointly, indemnify and hold harmless the Company, its the directors, officers, agents and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, officers, agents or employees of such controlling Persons, to the fullest extent permitted by applicable law, from and against all Losses, as incurred, arising solely out of or based solely upon any untrue or alleged untrue statement of a material fact contained in the Registration Statement, any Prospectus, or any form of prospectus, prospectus or in any amendment or supplement thereto or in any preliminary prospectus, or arising solely out of or based solely upon any omission or alleged omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto), in the light of the circumstances under which they were made, ) not misleading, to the extent, but only to the extent, that such untrue statement or omission is contained in any information so furnished in writing by such Holder or other Indemnified Party to the Company expressly specifically for use inclusion in therein and that such information was reasonably relied upon on by the Company for use therein, therein or to the extent that such information relates to such Holder or such Holder's proposed method of distribution of Registrable Securities and was reviewed and expressly approved in writing by such Holder expressly for use in the Registration Statement, such Prospectus or such form of Prospectus prospectus or in any amendment or supplement thereto. Notwithstanding anything to the contrary contained herein, the Holders Holder shall be liable under this Section 5(b) for only that amount as does not exceed the net proceeds to such Holder as a result of the sale of Registrable Securities pursuant to such Registration Statement.
Appears in 1 contract
Samples: Registration Rights Agreement (Skylynx Communications Inc)
Indemnification by Holders. Each Holder shall, severally and not jointly, indemnify and hold harmless the Company, its the directors, officers, agents and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, officers, agents or employees of such controlling Persons, to the fullest extent permitted by applicable law, from and against all Losses, as incurred, arising solely out of or based upon any untrue or alleged untrue statement of a material fact contained in the Registration Statement, any Prospectus, or any form of prospectus, or in any amendment or supplement thereto or in any preliminary prospectus, or arising solely out of or based upon any omission or alleged omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto), in the light of the circumstances under which they were made, not ) nor misleading, to the extent, but only to the extent, that such untrue statement or omission is contained in any information so furnished in writing by such Holder or other Indemnified Party to the Company expressly specifically for use therein inclusion in the Registration Statement or such Prospectus and that such information was reasonably relied upon by the Company for use thereinin the Registration Statement, such Prospectus or to the such form of prospectus or tot he extent that such information relates related to such Holder or such Holder's proposed method of distribution of Registrable Securities and was reviewed and expressly approved in writing by such Holder expressly for use in the Registration Statement, such Prospectus or such form of Prospectus or Prospectus; PROVIDED in no event shall any amendment or supplement thereto. Notwithstanding anything to the contrary contained herein, the Holders shall be liable indemnity by any Holder under this Section 5(b) for only that amount as does not Agreement exceed the net proceeds to received by such Holder as a result of the sale of Registrable Securities pursuant to in such Registration Statementregistration.
Appears in 1 contract
Indemnification by Holders. Each Holder shall, severally and not jointly, indemnify and hold harmless the Company, its directors, managers, partners, members, shareholders, officers, agents and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, managers, partners, members, shareholders, officers, agents or and employees of such controlling Persons, to the fullest extent permitted by applicable law, from and against all Losses, as incurred, arising out of or based solely upon any untrue or alleged untrue statement of a material fact contained in the any Registration Statement, any Prospectus, or any form of prospectus, or in any amendment or supplement thereto or in any preliminary prospectus, or arising out of or based solely upon any omission or alleged omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto), in the light of the circumstances under which they were made, ) not misleading, to the extent, but only to the extent, that such untrue statement or omission is contained in any information so furnished in writing by such Holder or other Indemnified Party to the Company expressly for use therein and that such information was reasonably relied upon by the Company for use therein, or to the extent that such information relates to such Holder or such Holder's proposed method of distribution of Registrable Securities therein and was reviewed and expressly approved in writing by such Holder expressly for the use in the applicable Registration Statement, Statement or such Prospectus or such form of Prospectus or any amendment or supplement thereto. Notwithstanding anything to the contrary contained herein, the Holders each Holder shall be liable under this Section 5(b) for only that amount as does not exceed the net proceeds to such Holder as a result of the sale of Registrable Securities pursuant to such the applicable Registration Statement.
Appears in 1 contract
Samples: Registration Rights Agreement (NovaRay Medical, Inc.)
Indemnification by Holders. Each Holder shallholder will, severally and not jointlyif Registrable Securities held by or issuable to such holder are included in the securities as to which registration is being effected, indemnify and hold harmless to the fullest extent permitted by law the Company, its directors, officers, agents and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 Act, each of the Exchange Act), and the its directors, officers, employees and agents or employees who sign the Registration Statement relating to such registration, each other such holder, each of such other holder's respective directors, officers, employees, agents and controlling Personspersons, to the fullest extent permitted by applicable lawand any prospective underwriters against any and all losses, from claims, damages, liabilities (or actions or proceedings in respect thereof) and against all Losses, as incurred, expenses (including reasonable attorneys' fees) arising out of or based upon on any untrue or alleged untrue statement of a material fact contained in the any Registration Statement, Prospectus or preliminary Prospectus (each as amended and/or supplemented, if the Company shall have furnished any Prospectusamendments or supplements thereto), or any form of prospectus, or in any amendment or supplement thereto or in any preliminary prospectus, or arising out of or based upon any omission or alleged omission of to state therein a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto)a Prospectus, in the light of the circumstances under which they were made, ) not misleading, in each case to the extent, but only to the extent, that such untrue or alleged untrue statement or omission or alleged omission is contained made in any reliance upon and in conformity with information so relating to such holder furnished to the Company in writing by such Holder or other Indemnified Party to the Company expressly for use therein and that such information was reasonably relied upon by the Company for use therein, or to the extent that such information relates to such Holder or such Holder's proposed method of distribution of Registrable Securities and was reviewed and expressly approved in writing by such Holder holder expressly for use in the Registration Statement, such Prospectus or such form of Prospectus or the Prospectus, any amendment or supplement thereto. Notwithstanding anything to the contrary contained herein, the Holders shall be liable under this Section 5(b) for only that amount as does not exceed the net proceeds to such Holder as a result of the sale of Registrable Securities pursuant to such Registration Statementor any preliminary Prospectus.
Appears in 1 contract
Samples: Securityholders Agreement (Accent Optical Technologies Inc)
Indemnification by Holders. Each Holder shall, severally and not jointly, indemnify and hold harmless the Company, its the directors, officers, agents and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, officers, agents or and employees of such controlling Persons, to the fullest extent permitted by applicable law, from and against all LossesLosses (as determined by a court of competent jurisdiction in a final judgment not subject to appeal or review), as incurred, arising solely out of or based solely upon any untrue or alleged untrue statement of a material fact contained in the Registration Statement, any Prospectus, or any form of prospectus, or in any amendment or supplement thereto or in any preliminary prospectus, or arising solely out of or based solely upon any omission or alleged omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto), in the light of the circumstances under which they were made, ) not misleading, to the extent, but only to the extent, that such untrue statement or omission is contained in any information so furnished in writing by such Holder or other Indemnified Indemnifying Party to the Company expressly specifically for use therein and that such information was reasonably relied upon by the Company for use therein, or to the extent that such information relates to such Holder or such Holder's proposed method of distribution of Registrable Securities and was reviewed and expressly approved in writing by such Holder expressly for use inclusion in the Registration Statement, such Prospectus Statement or such form of Prospectus or any amendment or supplement theretoProspectus. Notwithstanding anything to the contrary contained herein, the Holders each Holder shall be liable under this Section 5(b) for only that amount as does not exceed the lesser of (i) the net proceeds to such Holder as a result of the sale of Registrable Securities pursuant to such Registration StatementStatement and (ii) the aggregate purchase price paid by such Holder for the Preferred Shares and the Warrants pursuant to the Purchase Agreement.
Appears in 1 contract
Samples: Registration Rights Agreement (Urigen Pharmaceuticals, Inc.)
Indemnification by Holders. Each Holder shall, severally and not jointly, indemnify and hold harmless the Company, its directors, officers, agents and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, officers, agents or employees of such controlling Persons, to the fullest extent permitted by applicable law, from and against all Losses, as incurred, arising solely out of or based upon solely upon: any untrue or alleged untrue statement of a material fact contained in the Registration Statement, any a Prospectus, or any form of prospectus, or in any amendment or supplement thereto thereto, or in any preliminary prospectusIssuer Free Writing Prospectus, or arising solely out of or based solely upon any omission or alleged omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any a Prospectus or form of prospectus or supplement thereto), or in any Issuer Free Writing Prospectus, in the light of the circumstances under which they were made, ) not misleading, misleading to the extent, but only to the extentextent that, that such untrue statement statements or omission is contained in any omissions are based solely upon information so regarding such Holder furnished in writing to the Company by such Holder or other Indemnified Party to the Company expressly for use therein and that such information was reasonably relied upon by the Company for use therein, or to the extent that such information relates to such Holder or such Holder's proposed method of distribution of Registrable Securities and was reviewed and expressly approved in writing by such Holder expressly for use in the Registration Statement, such Prospectus or Prospectus, such form of Prospectus prospectus or in any amendment or supplement thereto. Notwithstanding anything to thereto or such Issuer Free Writing Prospectus (it being understood that the contrary contained herein, Purchaser has reviewed and approved Annex A hereto for this purpose); provided that the Holders liability of such Holder shall be liable under this Section 5(b) for only that amount as does not exceed limited to the net proceeds to received by such Holder as a result of from the sale of Registrable Securities pursuant to such the Registration StatementStatement that is the subject to the Proceeding giving rise to the liability.
Appears in 1 contract
Samples: Shareholder Rights and Restrictions Agreement (Tower Semiconductor LTD)
Indemnification by Holders. Each Holder shall, severally and not jointly, indemnify and hold harmless the Company, its the directors, officers, agents and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, officers, agents or employees of such controlling Persons, to the fullest extent permitted by applicable law, from and against all Losses, as incurred, arising out of or based upon any untrue or alleged untrue statement of a material fact contained in the Registration Statement, any Prospectus, or any form of prospectus, or in any amendment or supplement thereto or in any preliminary prospectus, or arising out of or based upon any omission or alleged omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto), in the light of the circumstances under which they were made, not misleading, to the extent, but only to the extent, that such untrue statement or omission is contained in any information so furnished in writing by such Holder or other Indemnified Party to the Company expressly for use therein and that such information was reasonably relied upon by the Company for use therein, or to the extent that such information relates to such Holder or such Holder's ’s proposed method of distribution of Registrable Securities and was reviewed and expressly approved in writing by such Holder expressly for use in the Registration Statement, such Prospectus or such form of Prospectus or any amendment or supplement thereto. Notwithstanding anything to the contrary contained herein, the Holders shall be liable under this Section 5(b) for only that amount as does not exceed the net proceeds to such Holder as a result of the sale of Registrable Securities pursuant to such Registration Statement.
Appears in 1 contract
Samples: Registration Rights Agreement (Satcon Technology Corp)
Indemnification by Holders. Each Holder and its permitted assignees shall, severally and not jointly, indemnify and hold harmless the Company, its directors, officers, agents and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, officers, agents or employees of such controlling Persons, and the respective successors, assigns, estate and personal representatives of each of the foregoing, to the fullest extent permitted by applicable law, from and against all Losses, as incurred, arising out of or based upon relating to any untrue or alleged untrue statement of a material fact contained in the Registration Statement, any Prospectus, as supplemented or any form of prospectusamended, or in any amendment or supplement thereto or in any preliminary prospectusif applicable, or arising out of or based upon relating to any omission or alleged omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto), in the light of the circumstances under which they were made, ) not misleading, to the extent, but only to the extent, that such untrue statement or omission is contained in or omitted from any information so regarding such Holder furnished in writing to the Company by such Holder or other Indemnified Party to the Company expressly for use therein therein, and that such information was reasonably relied upon by the Company for use therein, or to the extent that such information relates to such Holder or such Holder's ’s proposed method of distribution of Registrable Securities and was reviewed and expressly approved furnished in writing by such Holder expressly for use in the Registration Statement, such Prospectus or such form of Prospectus or any amendment or supplement theretotherein (it being understood that each Holder has approved Annex A hereto for this purpose). Notwithstanding anything to the contrary contained herein, in no event shall the Holders shall be liable liability of any Person under this Section 5(b) for only that amount as does not exceed the net proceeds to such Holder Person as a result of the sale of Registrable Securities pursuant to such a Registration StatementStatement in connection with which the untrue or alleged untrue statement or material omission was provided.
Appears in 1 contract
Samples: Registration Rights Agreement (Ziopharm Oncology Inc)
Indemnification by Holders. Each Holder shall, severally and not jointly, indemnify and hold harmless the Company, its directors, officers, agents and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, officers, agents or and employees of such controlling Persons, to the fullest extent permitted by applicable law, from and against all Losses, as incurred, arising out of or based upon (i) any untrue or alleged breach of this Agreement by such Holder and (ii) any untrue statement of a material fact contained in the Registration Statement, any Prospectus, or any form of prospectus, or in any amendment or supplement thereto or in any preliminary prospectusthereto, or arising out of or based upon any omission or alleged omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto), in the light of the circumstances under which they were made, ) not misleading, to the extent, but only to the extent, that such untrue statement or omission is contained in any information so furnished in writing by such Holder or other Indemnified Indemnifying Party to the Company expressly specifically for use therein and that such information was reasonably relied upon by the Company for use therein, or to the extent that such information relates to such Holder or such Holder's proposed method of distribution of Registrable Securities and was reviewed and expressly approved in writing by such Holder expressly for use inclusion in the Registration Statement, such Prospectus Statement or such form of Prospectus or any amendment or supplement theretoProspectus. Notwithstanding anything to the contrary contained herein, the Holders each Holder shall be liable under this Section 5(b6(b) for only that amount as does not exceed the net proceeds to such Holder as a result of the sale of Registrable Securities pursuant to such Registration Statement.
Appears in 1 contract
Samples: Registration Rights Agreement (Aegean Earth & Marine CORP)
Indemnification by Holders. Each Holder shall, severally and not jointly, indemnify and hold harmless the Company, its directors, officers, agents and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, officers, agents or employees of such controlling Persons, to the fullest extent permitted by applicable law, from and against all Losses, as incurred, to the extent arising out of or based upon solely upon: any untrue or alleged untrue statement of a material fact contained in the any Registration Statement, any Prospectus, or any form of prospectus, or in any amendment or supplement thereto or in any preliminary prospectus, or arising out of or based upon relating to any omission or alleged omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto), in the light of the circumstances under which they were made, ) not misleading, misleading (i) to the extent, but only to the extent, that such untrue statement or omission is contained in any information so furnished in writing by such Holder or other Indemnified Party to the Company expressly for use therein and that inclusion in such information was reasonably relied upon by the Company for use therein, Registration Statement or such Prospectus or (ii) to the extent extent, but only to the extent, that such information relates to such Holder Holder’s information provided in the Selling Stockholder Questionnaire or such Holder's the proposed method of distribution of Registrable Securities and was reviewed and expressly approved in writing by such Holder expressly for use in a Registration Statement (it being understood that the Registration StatementHolder has approved Annex A hereto for this purpose), such Prospectus or such form of Prospectus or in any amendment or supplement thereto. Notwithstanding anything to the contrary contained herein, the Holders shall be liable under this Section 5(b) for only that amount as does not exceed the net proceeds to such Holder as a result of the sale of Registrable Securities pursuant to such Registration Statement.
Appears in 1 contract
Samples: Registration Rights Agreement (Inhibikase Therapeutics, Inc.)
Indemnification by Holders. Each Holder shall, severally and not jointly, shall cause each Holder Indemnitee to indemnify and hold harmless the Company, its the Company's officers and directors, officers, agents affiliates of the Company and employees, each any Person who controls deemed to control the Company (within the meaning of Section 15 of a "Company Indemnitee") against any losses, claims, damages or liabilities to which such Company Indemnitee may become subject, under the Securities Act and Section 20 of the Exchange Act)or otherwise, and the directors, officers, agents that directly or employees of such controlling Persons, to the fullest extent permitted by applicable law, from and against all Losses, as incurred, arising indirectly arise out of or are based upon any an untrue statement or alleged untrue statement of a material fact contained in any preliminary prospectus, the Registration Statement, any Prospectus, Statement or any form of the prospectus, or in any amendment or supplement thereto or in any preliminary prospectusthereto, or arising arise out of or are based upon any the omission or alleged omission of to state therein a material fact required to be stated therein or necessary to make the statements therein (not misleading and reimburse each Company Indemnitee for any legal or other expenses reasonably incurred by such Company Indemnitee in the case of connection with investigating or defending any Prospectus such action or form of prospectus or supplement thereto)claim as such expenses are incurred, in the light of the circumstances under which they were made, not misleading, each case to the extent, but only to the extent, that such untrue statement or alleged untrue statement or omission is contained or alleged omission was made in any preliminary prospectus, the Registration Statement or the prospectus or any such amendment or supplement in reliance upon and in conformity with written information so furnished in writing to the Company by such Holder or other Indemnified Party to the Company Indemnitee expressly for use therein and that such information was reasonably relied upon by the Company for use therein, or to the extent that such information relates to such Holder or such Holder's proposed method of distribution of Registrable Securities and was reviewed and expressly approved in writing by such Holder expressly for use in the Registration Statement, such Prospectus or such form of Prospectus or any amendment or supplement thereto. Notwithstanding anything to the contrary contained herein, the Holders shall be liable under this Section 5(b) for only that amount as does not exceed the net proceeds to such Holder as a result of the sale of Registrable Securities pursuant to such Registration Statement.
Appears in 1 contract
Samples: Capital Contribution Agreement (Electropharmacology Inc)
Indemnification by Holders. Each Holder shall, severally and not -------------------------- jointly, indemnify and hold harmless the Company, its the directors, officers, agents and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, officers, agents or employees of such controlling Persons, to the fullest extent permitted by applicable law, from and against all Losses, as incurred, arising solely out of or based solely upon any untrue or alleged untrue statement of a material fact contained in the Registration Statement, any Prospectus, or any form of prospectus, or in any amendment or supplement thereto or in any preliminary prospectus, or arising solely out of or based solely upon any omission or alleged omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto), in the light of the circumstances under which they were made, ) not misleading, to the extent, but only to the extent, that such untrue statement or omission is contained in any information so furnished in writing by such Holder or other Indemnified Party to the Company expressly specifically for use therein inclusion in the Registration Statement or such Prospectus and that such information was reasonably relied upon by the Company for use thereinin the Registration Statement, such Prospectus or such form of prospectus or to the extent that such information relates to such Holder or such Holder's proposed method of distribution of Registrable Securities and was reviewed and expressly approved in writing by such Holder expressly for use in the Registration Statement, such Prospectus or such form of Prospectus or any amendment or supplement theretoProspectus. Notwithstanding anything to the contrary contained herein, the Holders Holder shall be liable under this Section 5(b) for only that amount as does not exceed the net proceeds to such Holder as a result of the sale of Registrable Securities pursuant to such Registration Statement.
Appears in 1 contract
Samples: Registration Rights Agreement (Skylynx Communications Inc)
Indemnification by Holders. Each In connection with any Registration -------------------------- Statement in which a Holder shallis participating, severally such Holder will furnish to the Company and not jointlyOPCO in writing such information as the Company and OPCO reasonably request for use in connection with any Registration Statement, indemnify Prospectus or preliminary prospectus and hold harmless will indemnify, to the Companyfullest extent permitted by law, its directorsthe Company and OPCO, their respective directors and officers, agents and employees, each Person person who controls the Company and OPCO (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, officers, agents or employees of such controlling Persons, to the fullest extent permitted by applicable lawpersons, from and against all Losses, as incurred, Losses arising out of or based upon any untrue or alleged untrue statement of a material fact contained in the any Registration Statement, any Prospectus, Prospectus or any form of prospectus, or in any amendment or supplement thereto or in any preliminary prospectus, prospectus or arising out of or based upon any omission or alleged omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto), in the light of the circumstances under which they were made, not misleading, to the extent, but only to the extent, that such untrue statement or omission is contained in any information so furnished in writing by such Holder or other Indemnified Party to the Company and OPCO expressly for use therein in such Registration Statement, Prospectus or preliminary prospectus and that such information was reasonably relied upon by the Company for use thereinand OPCO in the preparation of such Registration Statement, Prospectus or to preliminary prospectus. In no event will the extent that such information relates to such liability of any selling Holder or such Holder's proposed method hereunder be greater in amount than the dollar amount of distribution the proceeds (net of Registrable Securities and was reviewed and expressly approved in writing payment of all expenses) received by such Holder expressly for use in the Registration Statement, such Prospectus or such form of Prospectus or any amendment or supplement thereto. Notwithstanding anything to the contrary contained herein, the Holders shall be liable under this Section 5(b) for only that amount as does not exceed the net proceeds to such Holder as a result of upon the sale of the Registrable Securities pursuant giving rise to such Registration Statementindemnification obligation.
Appears in 1 contract
Samples: Registration Rights Agreement (Wyndham International Inc)
Indemnification by Holders. Each Holder shall, severally and not jointly, indemnify and hold harmless the Company, its directors, officers, agents and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, officers, agents or employees of such controlling Persons, to the fullest extent permitted by applicable law, from and against all Losses, as incurred, arising out of or based upon any untrue or alleged untrue statement of a material fact contained in the Registration Statement, any Prospectus, or any form of prospectus, or in any amendment or supplement thereto or in any preliminary prospectus, or arising out of or based upon any omission or alleged omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto), in the light of the circumstances under which they were made, not misleading, to the extent, but only to the extent, that such untrue statement or omission is contained in any information so furnished in writing by such Holder or other Indemnified Party to the Company expressly for use therein and that such information was reasonably relied upon by the Company for use therein, or to the extent that such information relates to such Holder or such Holder's proposed method of distribution of Registrable Securities and was reviewed and expressly approved in writing by such Holder expressly for use in the Registration Statement, such Prospectus or such form of Prospectus or any amendment or supplement thereto. Notwithstanding anything to the contrary contained herein, the Holders each Holder shall be liable under this Section 5(b) for only that amount as does not exceed such Holder's investment in the net proceeds to such Holder as a result Series A Preferred Shares and Series B Preferred Shares of Strategy Real Estate Investments Ltd. (the sale of Registrable Securities pursuant to such Registration Statement"Preferred Shares") on the date hereof.
Appears in 1 contract
Indemnification by Holders. Each Holder shall, severally and not jointly, indemnify and hold harmless the Company, its the directors, officers, agents and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, officers, agents or employees of such controlling Persons, to the fullest extent permitted by applicable law, from and against all Losses, as incurred, arising solely out of or based solely upon any untrue or alleged untrue statement of a material fact contained in the Registration Statement, any Prospectus, or any form of prospectus, or in any amendment or supplement thereto or in any preliminary prospectus, or arising solely out of or based solely upon any omission or alleged omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto), in the light of the circumstances under which they were made, ) not misleading, to the extent, but only to the extent, that such untrue statement or omission is contained in or omitted from any information so furnished in writing by such Holder or other Indemnified Party to the Company expressly specifically for use therein inclusion in the Registration Statement or such Prospectus and that such information was reasonably relied upon by the Company for use therein, or to the extent that such information relates to such Holder or such Holder's proposed method of distribution of Registrable Securities and was reviewed and expressly approved in writing by such Holder expressly for use in the Registration Statement, such Prospectus or such form of Prospectus or any amendment or supplement theretoprospectus. Notwithstanding anything to the contrary contained herein, the Holders Holder shall be liable under this Section 5(b) for only that amount as does not exceed the net proceeds to such Holder as a result of the sale of Registrable Securities pursuant to such Registration Statement.
Appears in 1 contract
Samples: Registration Rights Agreement (Cam Data Systems Inc)
Indemnification by Holders. Each In connection with any registration statement in which a Holder shallis participating, each such Holder shall furnish to Aspen in writing such information and affidavits with respect to such Holder as Aspen reasonably requests for use in connection with any such registration statement or prospectus and agrees to indemnify, severally and not jointly, indemnify and hold harmless the Company, its directors, officers, agents and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, officers, agents or employees of such controlling Persons, to the fullest extent permitted by applicable law, Aspen, its officers, directors and agents and each person, if any, who controls Aspen (within the meaning of the Securities Act) against any and all losses, claims, damages, liabilities and expenses resulting from and against all Losses, as incurred, arising out of or based upon any untrue or alleged untrue statement of a material fact contained in the Registration Statement, any Prospectus, or any form of prospectus, or in any amendment or supplement thereto or in any preliminary prospectus, or arising out of or based upon any omission or alleged omission of a material fact required to be stated therein in any registration statement, prospectus or preliminary prospectus or any amendment thereof or supplement thereto or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto)a prospectus, in the light of the circumstances under which they were made, ) not misleading, to the extent, but only to the extent, that such untrue or alleged untrue statement or omission is contained in or improperly omitted from, as the case may be, any information or affidavit with respect to such Holder so furnished in writing by such Holder. Each Holder or other Indemnified Party also shall indemnify any underwriters of the Registrable Securities, their officers and directors and each person who controls such underwriters (within the meaning of the Securities Act) to the Company expressly for use therein and that such information was reasonably relied upon by the Company for use therein, or same extent as provided above with respect to the extent that such information relates to such Holder or such Holder's proposed method indemnification of distribution of Registrable Securities and was reviewed and expressly approved in writing by such Holder expressly for use in the Registration Statement, such Prospectus or such form of Prospectus or any amendment or supplement thereto. Notwithstanding anything to the contrary contained herein, the Holders shall be liable under this Section 5(b) for only that amount as does not exceed the net proceeds to such Holder as a result of the sale of Registrable Securities pursuant to such Registration StatementAspen.
Appears in 1 contract
Samples: Registration Rights Agreement (Aspen Technology Inc /Ma/)
Indemnification by Holders. Each Holder shall, severally and not jointly, indemnify and hold harmless the Company, its the directors, officers, agents and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, officers, agents or employees of such controlling Persons, to the fullest extent permitted by applicable law, from and against all Losses, as incurred, arising solely out of or based solely upon any untrue or alleged untrue statement of a material fact contained in the Registration Statement, any Prospectus, or any form of prospectus, or in any amendment or supplement thereto or in any preliminary prospectus, or arising solely out of or based solely upon any omission or alleged omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto), in the light of the circumstances under which they were made, ) not misleading, to the extent, but only to the extent, that such untrue statement or omission is contained in any information so furnished in writing by such Holder or other Indemnified Party to the Company expressly specifically for use therein inclusion in the Registration Statement or such Prospectus and that such information was reasonably relied upon by the Company for use thereinin the Registration Statement, such Prospectus or such form of prospectus or to the extent that such information relates to such Holder or such Holder's proposed method of distribution of Registrable Securities and was reviewed and expressly approved in writing by such Holder expressly for use in the Registration Statement, such Prospectus or such form of Prospectus or any amendment or supplement theretoProspectus. Notwithstanding anything to the contrary contained herein, the Holders a Holder shall be liable under this Section 5(b4(b) for only that amount as does not exceed the net proceeds to such Holder as a result of the sale of Registrable Securities pursuant to such Registration Statement.
Appears in 1 contract
Samples: General Release and Settlement Agreement (Eresource Capital Group Inc)
Indemnification by Holders. Each Holder shall, severally and not jointly, indemnify and hold harmless the Company, its officers, directors, officers, agents and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the officers, directors, officers, agents or and employees of such controlling Persons, to the fullest extent permitted by applicable law, from and against all Losses, as incurred, arising solely out of or based solely upon any untrue or alleged untrue statement of a material fact contained in the Registration Statement, any Prospectus, or any form of prospectus, or in any amendment or supplement thereto or in any preliminary prospectus, or arising solely out of or based solely upon any omission or alleged omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto), in the light of the circumstances under which they were made, not misleading, misleading to the extent, but only to the extent, that such untrue statement or omission is contained in any information so furnished in writing by such Holder or other Indemnified Party to the Company expressly specifically for use therein inclusion in the Registration Statement or such Prospectus and that such information was reasonably relied upon by the Company for use thereinin the Registration Statement, such Prospectus or such form of prospectus or to the extent that such information relates to such Holder or such Holder's Holder s proposed method of distribution of Registrable Securities and was reviewed and expressly approved in writing by such Holder expressly for use in the Registration Statement, such Prospectus or such form of Prospectus or any amendment or supplement thereto. Notwithstanding anything to prospectus; provided, however, that the contrary indemnity agreement contained herein, the Holders shall be liable under in this Section 5(b) for only that shall not apply to amounts paid in settlement of any Losses if such settlement is effected without the prior written consent of such Holder. In no event shall the liability of any selling Holder hereunder be greater in amount as does not exceed than the dollar amount of the net proceeds to received by such Holder as a result of upon the sale of the Registrable Securities pursuant giving rise to such Registration Statementindemnification obligation.
Appears in 1 contract
Indemnification by Holders. Each Holder shallHolder, if Registrable Securities held by it are included in the securities as to which a registration is being effected, agrees to, severally and not jointly, indemnify and hold harmless the Company, its directors, officers, agents and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, officers, agents or employees of such controlling Personsharmless, to the fullest extent permitted by applicable law, from the Company, its directors and officers, each other Person who participates as an Underwriter in the offering or sale of such securities and its Agents and each Person who controls the Company against any and all LossesClaims, insofar as incurred, arising such Claims arise out of or are based upon any untrue or alleged untrue statement of a material fact contained in the any Registration StatementStatement or Prospectus (including any preliminary, any Prospectus, final or any form of prospectus, or in summary prospectus and any amendment or supplement thereto or in any preliminary prospectusthereto) related to such registration, or arising out of or based upon any omission or alleged omission of to state therein a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto), in the light of the circumstances under which they were made, not misleading, to the extent, but only to the extent, that such untrue statement or alleged untrue statement or omission is contained or alleged omission was made in reliance upon and in conformity with written information furnished to the Company by a Holder, Underwriter or other indemnified person hereunder expressly for use therein; provided, however, that the aggregate amount which any information so furnished such Holder shall be required to pay pursuant to this Section 5.2 shall in writing no event be greater than the amount of the net proceeds received by such Holder or other Indemnified Party to the Company expressly for use therein and that such information was reasonably relied upon by the Company for use therein, or to the extent that such information relates to such Holder or such Holder's proposed method of distribution of Registrable Securities and was reviewed and expressly approved in writing by such Holder expressly for use in the Registration Statement, such Prospectus or such form of Prospectus or any amendment or supplement thereto. Notwithstanding anything to the contrary contained herein, the Holders shall be liable under this Section 5(b) for only that amount as does not exceed the net proceeds to such Holder as a result of the sale of the Registrable Securities pursuant to the Registration Statement giving rise to such Registration StatementClaims less all amounts previously paid by such Holder with respect to any such Claims.
Appears in 1 contract
Samples: Registration Rights Agreement (Outsource International Inc)
Indemnification by Holders. Each Holder shall, severally and not jointly, indemnify and hold harmless the Company, its the directors, officers, agents and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, officers, agents or employees of such controlling Persons, to the fullest extent permitted by applicable law, from and against all Losses, as incurred, arising solely out of or based solely upon any untrue or alleged untrue statement of a material fact contained in the Registration Statement, any Prospectus, or any form of prospectus, or in any amendment or supplement thereto or in any preliminary prospectus, or arising solely out of or based solely upon any omission or alleged omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto), in the light of the circumstances under which they were made, ) not misleading, to the extent, but only to the extent, that such untrue statement or omission is contained in or omitted from any information so furnished in writing by such Holder or other Indemnified Party to the Company expressly specifically for use therein inclusion in the Registration Statement or such Prospectus and that such information was reasonably relied upon by the Company for use thereinin the Registration Statement, such Prospectus or such form of prospectus or to the extent that such information relates to such Holder or such Holder's proposed method of distribution of Registrable Securities and was reviewed and expressly approved in writing by such Holder expressly for use in the Registration Statement, such Prospectus or such form of Prospectus or any amendment or supplement theretoSupplement. Notwithstanding anything to the contrary contained herein, the Holders Holder shall be liable under this Section 5(b7(b) for only that amount as does not exceed the net proceeds to such Holder as a result of the sale of Registrable Securities pursuant to such Registration Statement.
Appears in 1 contract
Samples: Registration Rights Agreement (Homegold Financial Inc)
Indemnification by Holders. Each Holder shall, severally and not jointly, indemnify and hold harmless the Company, its the directors, officers, agents and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, officers, agents or employees of such controlling Persons, to the fullest extent permitted by applicable law, from and against all Losses, as incurred, arising solely out of or based solely upon any untrue or alleged untrue statement of a material fact contained in the Registration Statement, any such Prospectus, or any form of prospectus, or in any amendment or supplement thereto or in any preliminary prospectusProspectus, or arising solely out of or based solely upon any omission or alleged omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus Prospectus or supplement thereto), in the light of the circumstances under which they were made, ) not misleading, to the extent, but only to the extent, that such untrue statement or omission is contained in any information so furnished in writing by such Holder or other Indemnified Party to the Company expressly specifically for use therein inclusion in the Registration Statement or such Prospectus and that such information was reasonably relied upon by the Company for use thereinin the Registration Statement, such Prospectus or such form of prospectus or to the extent that such information relates to such Holder or such Holder's proposed method of distribution of Registrable Securities and Additional Shares, if any, and was reviewed and expressly approved in writing by such Holder expressly for use in the Registration Statement, such Prospectus or such form of Prospectus or any amendment or supplement thereto. Notwithstanding anything to the contrary contained herein, the Holders shall be liable under this Section 5(b) for only that amount as does not exceed the net proceeds to such Holder as a result of the sale of Registrable Securities pursuant to such Registration StatementProspectus.
Appears in 1 contract
Indemnification by Holders. Each Holder shall, severally and not jointly, will indemnify and hold harmless the CompanyCendant, each of its directors, directors and officers, agents and employeeseach Person, each Person if any, who controls the Company (Cendant within the meaning of Section 15 of the Securities Act and Section 20 of or the Exchange ActAct (the "Cendant Indemnified Parties"), against any and all losses, claims, damages or liabilities and expenses to which the directorsCendant Indemnified Parties may become subject, officersinsofar as such losses, agents claims, damages or employees of such controlling Persons, to the fullest extent permitted by applicable law, from and against all Losses, as incurred, arising liabilities (or actions or proceedings in respect thereof) or expenses arise out of or are based upon (i) any untrue statement or alleged untrue statement of a any material fact contained in the Cendant Registration Statement, any Prospectuspreliminary, final or summary prospectus included therein, or any form of prospectus, or in any amendment or supplement thereto or in any preliminary prospectusthereto, or arising out of or based upon any the omission or alleged omission of to state therein a material fact required to be stated therein or necessary to make the statements therein (not misleading, if the statement or omission was made in reliance upon and in conformity with written information furnished to Cendant by or on behalf of such Holders specifically for use in the case preparation thereof or (ii) the use of any Prospectus prospectus by or form on behalf of such Holders after Cendant has notified such Holders that such prospectus contains an untrue statement of a material fact or supplement thereto)omits to state a material fact required to be stated therein, in the light of the circumstances under which they were made, not misleading, to the extent, but only to the extent, that such untrue statement or omission is contained in any information so furnished in writing by such Holder or other Indemnified Party to the Company expressly for use therein and that such information was reasonably relied upon by the Company for use therein, or to the extent that such information relates to such Holder or such Holder's proposed method of distribution of Registrable Securities and was reviewed and expressly approved in writing by such Holder expressly for use in the Registration Statement, such Prospectus or such form of Prospectus or any amendment or supplement thereto. Notwithstanding anything to the contrary contained hereinforegoing, the Holders no Holder shall be liable under this Section 5(b) 3.2 for only that amount as does not exceed any amounts exceeding the net gross proceeds to received by such Holder as a result of in connection with the sale of Registrable Securities pursuant to such Registration StatementHolder's Registered Shares.
Appears in 1 contract
Samples: Purchase Agreement (Cendant Corp)
Indemnification by Holders. Each Holder shall, severally and not jointly, indemnify and hold harmless the Company, its directors, officers, agents and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, officers, agents or employees of such controlling Persons, to the fullest extent permitted by applicable law, from and against all Losses, as incurred, Losses arising out of or based upon relating to any untrue or alleged untrue statement of a material fact contained in the any Registration Statement, any Prospectus, or any form of prospectus, or in any amendment or supplement thereto or in any preliminary prospectus, or arising out of or based upon relating to any omission or alleged omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto), in the light of the circumstances under which they were made, ) not misleading, misleading (i) to the extent, but only to the extent, extent that such untrue statement or omission is contained in any information so furnished in writing by such Holder or other Indemnified Party to the Company expressly for use therein and that inclusion in such information was reasonably relied upon by the Company for use therein, Registration Statement or such Prospectus or (ii) to the extent that such information relates to such Holder Holder’s information provided in the Selling Stockholder Questionnaire or such Holder's the proposed method of distribution of Registrable Securities and was reviewed and expressly approved in writing by such Holder expressly for use in a Registration Statement (it being understood that the Registration StatementHolder has approved Annex A hereto for this purpose), such Prospectus or such form of Prospectus or in any amendment or supplement thereto. Notwithstanding anything to In no event shall the contrary contained herein, liability of a selling Holder be greater in amount than the Holders shall be liable under this Section 5(b) for only that dollar amount as does not exceed of the net proceeds to received by such Holder as a result of upon the sale of the Registrable Securities pursuant included in the Registration Statement giving rise to such Registration Statementindemnification obligation.
Appears in 1 contract
Indemnification by Holders. Each In connection with any registration statement in which a Holder shallis participating, each such Holder shall furnish to the Company in writing such information and affidavits with respect to such Holder as the Company reasonably requests for use in connection with any such registration statement or prospectus and agrees to indemnify, severally and not jointly, indemnify and hold harmless to the fullest extent permitted by law, the Company, its directors, officers, directors and agents and employeeseach Person, each Person if any, who controls the Company (within the meaning of Section 15 of the Securities Act Act) against any and Section 20 of the Exchange Act)all losses, claims, damages, liabilities and the directors, officers, agents or employees of such controlling Persons, to the fullest extent permitted by applicable law, expenses resulting from and against all Losses, as incurred, arising out of or based upon any untrue or alleged untrue statement of a material fact contained in the Registration Statement, any Prospectus, or any form of prospectus, or in any amendment or supplement thereto or in any preliminary prospectus, or arising out of or based upon any omission or alleged omission of a material fact required to be stated therein in any registration statement, prospectus or preliminary prospectus or any amendment thereof or supplement thereto or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto)a prospectus, in the light of the circumstances under which they were made, ) not misleading, to the extent, but only to the extent, that such untrue or alleged untrue statement or omission is contained in or improperly omitted from, as the case may be, any information or affidavit with respect to such Holder so furnished in writing by such Holder. Each Holder or other Indemnified Party also shall indemnify any underwriters of the Registrable Securities, their officers and directors and each Person who controls such underwriters (within the meaning of the Securities Act) to the Company expressly for use therein and that such information was reasonably relied upon by the Company for use therein, or same extent as provided above with respect to the extent that such information relates to such Holder or such Holder's proposed method of distribution of Registrable Securities and was reviewed and expressly approved in writing by such Holder expressly for use in the Registration Statement, such Prospectus or such form of Prospectus or any amendment or supplement thereto. Notwithstanding anything to the contrary contained herein, the Holders shall be liable under this Section 5(b) for only that amount as does not exceed the net proceeds to such Holder as a result indemnification of the sale of Registrable Securities pursuant to such Registration StatementCompany.
Appears in 1 contract
Indemnification by Holders. Each Holder shall, severally and not ---------------------------- jointly, indemnify and hold harmless the Company, its the directors, officers, agents and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, officers, agents or employees of such controlling Persons, to the fullest extent permitted by applicable law, from and against all Losses, as incurred, arising solely out of or based solely upon any untrue or alleged untrue statement of a material fact contained in the Registration Statement, any Prospectus, or any form of prospectus, or in any amendment or supplement thereto or in any preliminary prospectus, or arising solely out of or based solely upon any omission or alleged omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto), in the light of the circumstances under which they were made, ) not misleading, to the extent, but only to the extent, that such untrue statement or omission is contained in any information so furnished in writing by such Holder or other Indemnified Party to the Company expressly specifically for use therein inclusion in the Registration Statement or such Prospectus and that such information was reasonably relied upon by the Company for use thereinin the Registration Statement, such Prospectus or such form of prospectus or to the extent that such information relates to such Holder or such Holder's proposed method of distribution of Registrable Securities and was reviewed and expressly approved in writing by such Holder expressly for use in the Registration Statement, such Prospectus or such form of Prospectus or any amendment or supplement theretoProspectus. Notwithstanding anything to the contrary contained herein, the Holders shall be liable under this Section 5(b) for only that amount as does not exceed the net proceeds to such Holder as a result of the sale of Registrable Securities pursuant to such Registration Statement.(c)
Appears in 1 contract
Samples: Registration Rights Agreement (Imaging Technologies Corp/Ca)
Indemnification by Holders. Each Holder shall, severally and not jointly, indemnify and hold harmless the Company, its directors, officers, agents and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, officers, agents or and employees of such controlling Persons, to the fullest extent permitted by applicable law, from and against all LossesLosses (as determined by a court of competent jurisdiction in a final judgment not subject to appeal or review), as incurred, arising solely out of or based solely upon any untrue or alleged untrue statement of a material fact contained in the Registration Statement, any Prospectus, or any form of prospectus, or in any amendment or supplement thereto or in any preliminary prospectus, or arising solely out of or based solely upon any omission or alleged omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto), in the light of the circumstances under which they were made, ) not misleading, to the extent, but only to the extent, that such untrue statement or omission is contained in any information so furnished in writing by such Holder or other Indemnified Indemnifying Party to the Company expressly specifically for use therein and that such information was reasonably relied upon by the Company for use therein, or to the extent that such information relates to such Holder or such Holder's proposed method of distribution of Registrable Securities and was reviewed and expressly approved in writing by such Holder expressly for use inclusion in the Registration Statement, such Prospectus Statement or such form of Prospectus or any amendment or supplement theretoProspectus. Notwithstanding anything to the contrary contained herein, the Holders each Holder shall be liable under this Section 5(b) for only that amount as does not exceed the lesser of (i) the net proceeds to such Holder as a result of the sale of Registrable Securities pursuant to such Registration Statement and (ii) the aggregate purchase price paid by such Holder for the Registrable Securities sold pursuant to such Registration Statement.
Appears in 1 contract
Samples: Registration Rights Agreement (Duska Therapeutics, Inc.)
Indemnification by Holders. Each Holder shall, severally and not jointly, indemnify and hold harmless the Company, its directors, officers, agents and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, officers, agents or employees of such controlling Persons, and the respective successors, assigns, estate and personal representatives of each of the foregoing, to the fullest extent permitted by applicable law, from and against any and all Losses, as incurred, arising out of or based upon relating to any untrue or alleged untrue statement of a material fact contained in the Registration Statement, any Prospectus, as supplemented or any form of prospectusamended, or in any amendment or supplement thereto or in any preliminary prospectusif applicable, or arising out of or based upon relating to any omission or alleged omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto), in the light of the circumstances under which they were made, ) not misleading, to the extent, but only to the extent, extent that (i) such untrue statement or omission is contained in or omitted from any information so furnished in writing by such the Holder or other Indemnified Party the Special Counsel to the Company expressly for use therein inclusion in the Registration Statement or such Prospectus, and that (ii) such information was reasonably relied upon by the Company for use therein, or to the extent that such information relates to such Holder or such Holder's proposed method of distribution of Registrable Securities and was reviewed and expressly approved in writing by such Holder expressly for use in the Registration Statement, such Prospectus or such form of Prospectus or any amendment or supplement theretoprospectus. Notwithstanding anything to the contrary contained herein, the Holders each Holder shall be liable under this Section 5(b6(b) for only that amount as does not exceed the net gross proceeds to such Holder as a result of the sale of Registrable Securities pursuant to such Registration Statement.
Appears in 1 contract
Samples: Registration Rights Agreement (API Technologies Corp.)
Indemnification by Holders. Each Holder shall, severally and not jointly, indemnify and hold harmless the Company, its the directors, officers, agents and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, officers, agents or employees of such controlling Persons, to the fullest extent permitted by applicable law, from and against all Losses, as incurred, arising out of or based upon any untrue or alleged untrue statement of a material fact contained in the Registration Statement, any Prospectus, or any form of prospectus, or in any amendment or supplement thereto or in any preliminary prospectus, or arising out of or based upon any omission or alleged omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto), in the light of the circumstances under which they were made, not misleading, to the extent, but only to the extent, that such untrue statement or omission is contained in any information so furnished in writing by such Holder or other Indemnified Party to the Company expressly for use therein and that such information was reasonably relied upon by the Company for use therein, or to the extent that such information relates to such Holder or such Holder's ’s proposed method of distribution of Registrable Securities and was reviewed and expressly approved in writing by such Holder expressly for use in the Registration Statement, such Prospectus or such form of Prospectus or any amendment or supplement thereto. Notwithstanding anything to the contrary contained herein, the Holders shall be liable under this Section 5(b6(b) for only that amount as does not exceed the net proceeds to such Holder as a result of the sale of Registrable Securities pursuant to such Registration Statement.
Appears in 1 contract
Samples: Registration Rights Agreement (Secure America Acquisition CORP)
Indemnification by Holders. Each Holder shall, severally and not jointly, indemnify and hold harmless the Company, its directors, officers, agents and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, officers, agents or and employees of such controlling Persons, to the fullest extent permitted by applicable law, from and against all LossesLosses (as determined by a court of competent jurisdiction in a final judgment not subject to appeal or review), as incurred, arising solely out of or based solely upon any untrue or alleged untrue statement of a material fact contained in the Registration Statement, any Prospectus, or any form of prospectus, or in any amendment or supplement thereto or in any preliminary prospectus, or arising solely out of or based solely upon any omission or alleged omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto), in the light of the circumstances under which they were made, ) not misleading, to the extent, but only to the extent, that such untrue statement or omission is contained in any information so furnished in writing by such Holder or other Indemnified Indemnifying Party to the Company expressly specifically for use therein and that such information was reasonably relied upon by the Company for use therein, or to the extent that such information relates to such Holder or such Holder's proposed method of distribution of Registrable Securities and was reviewed and expressly approved in writing by such Holder expressly for use inclusion in the Registration Statement, such Prospectus Statement or such form of Prospectus or any amendment or supplement theretoProspectus. Notwithstanding anything to the contrary contained herein, the Holders shall be liable under this Section 5(b) for only that amount as does not exceed the lesser of (i) the dollar amount of the net proceeds to received by such Holder as a result of upon the sale of the Registrable Securities giving rise to such indemnification obligation and (ii) the aggregate purchase price paid by the Holder for the Shares pursuant to such Registration Statementthe Debenture Agreement.
Appears in 1 contract
Samples: Registration Rights Agreement (Reclamation Consulting & Applications Inc)
Indemnification by Holders. Each Holder shall, severally and not jointly, indemnify and hold harmless the Company, its directors, officers, agents and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, officers, agents or employees of such controlling Persons, to the fullest extent permitted by applicable law, from and against all Losses, as incurred, arising out of or are based solely upon any untrue or alleged untrue statement of a material fact contained in the any Registration Statement, any Prospectus, or any form of prospectus, or in any amendment or supplement thereto or in any preliminary prospectus, or arising out of or based upon relating to any omission or alleged omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus Prospectus, or any form of prospectus or supplement thereto), in the light of the circumstances under which they were made, ) not misleading, misleading (i) to the extent, but only to the extent, extent that such untrue statement statements or omission is contained in any omissions are based solely upon information so regarding such Holder furnished in writing to the Company by such Holder or other Indemnified Party to the Company expressly for use therein and that such information was reasonably relied upon by the Company for use therein, or (ii) to the extent that such information relates to such Holder or such Holder's ’s proposed method of distribution of Registrable Securities and was reviewed and expressly approved in writing by such Holder expressly for use in a Registration Statement (it being understood that the Registration StatementHolder has approved Annex A hereto for this purpose), such Prospectus or such form of Prospectus or in any amendment or supplement thereto. Notwithstanding anything to the contrary contained herein, the Holders shall be liable under this Section 5(b) for only that amount as does not exceed the net proceeds to such Holder as a result of the sale of Registrable Securities pursuant to such Registration Statement.thereto or
Appears in 1 contract
Samples: Registration Rights Agreement (Miragen Therapeutics, Inc.)
Indemnification by Holders. Each Holder shall, severally and not jointly, indemnify and hold harmless the Company, its the directors, officers, agents and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, officers, agents or employees of such controlling Persons, to the fullest extent permitted by applicable law, from and against all Losses, as incurred, arising out of or based upon any untrue or alleged untrue statement of a material fact contained in the Registration Statement, any Prospectus, or any form of prospectus, or in any amendment or supplement thereto or in any preliminary prospectus, or arising out of or based upon any omission or alleged omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto), in the light of the circumstances under which they were made, not misleading, to the extent, but only to the extent, that such untrue statement or omission is contained in any information so furnished in writing by such Holder or other Indemnified Party to the Company expressly for use therein and that such information was reasonably relied upon by the Company for use therein, or to the extent that such information relates to such Holder or such Holder's ’s proposed method of distribution of Registrable Securities and was reviewed and expressly approved in writing by such Holder expressly for use in the Registration Statement, such Prospectus or such form of Prospectus or any amendment or supplement thereto. Notwithstanding anything to the contrary contained herein, the Holders shall be liable under this Section 5(b) for only that amount as does not exceed the net proceeds to such Holder as a result of the sale of Registrable Securities pursuant to such Registration Statement.. (c)
Appears in 1 contract
Samples: Registration Rights Agreement (Summer Infant, Inc.)
Indemnification by Holders. Each Holder shall, severally and not jointly, indemnify and hold harmless the Company, its directors, officers, agents and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, officers, agents or and employees of such controlling Persons, to the fullest extent permitted by applicable law, from and against all LossesLosses (as determined by a court of competent jurisdiction in a final judgment not subject to appeal or review), as incurred, (i) arising solely out of or based solely upon any untrue or alleged untrue statement of a material fact contained in the Registration Statement, any Prospectus, or any form of prospectus, or in any amendment or supplement thereto or in any preliminary prospectusthereto, or arising solely out of or based solely upon any omission or alleged omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto), in the light of the circumstances under which they were made, ) not misleading, to the extent, but only to the extent, that such untrue statement or omission is contained in any information so furnished in writing by such Holder or other Indemnified Indemnifying Party to the Company expressly specifically for use therein and that inclusion in the Registration Statement or such information was reasonably relied upon by the Company for use thereinProspectus, or to the extent that such information relates to (ii) arising out of any failure by such Holder or to comply with such Holder's proposed method of distribution ’s obligations under Section 3(m) to discontinue dispositions of Registrable Securities and was reviewed and expressly approved in writing by such Holder expressly for use in after receipt of notice from the Registration Statement, such Prospectus or such form of Prospectus or any amendment or supplement thereto. Company to do so under the circumstances therein provided.. Notwithstanding anything to the contrary contained herein, the Holders each Holder shall be liable under this Section 5(b) for only that amount as does not exceed the net proceeds to such Holder as a result of the sale of Registrable Securities pursuant to such Registration Statement.
Appears in 1 contract
Samples: Registration Rights Agreement (Advanced Environmental Recycling Technologies Inc)
Indemnification by Holders. Each Holder shall, severally and not jointly, indemnify and hold harmless the Company, its directors, officers, agents and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, officers, agents or and employees of such controlling Persons, to the fullest extent permitted by applicable law, from and against all LossesLosses (as determined by a court of competent jurisdiction in a final judgment not subject to appeal or review), as incurred, arising solely out of or based solely upon any untrue or alleged untrue statement of a material fact contained in the Registration Statement, any Prospectus, or any form of prospectus, or in any amendment or supplement thereto or in any preliminary prospectus, or arising solely out of or based solely upon any omission or alleged omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto), in the light of the circumstances under which they were made, ) not misleading, to the extent, but only to the extent, that such untrue statement or omission is contained in any information so furnished in writing by such Holder or other Indemnified Indemnifying Party to the Company expressly specifically for use therein and that such information was reasonably relied upon by the Company for use therein, or to the extent that such information relates to such Holder or such Holder's proposed method of distribution of Registrable Securities and was reviewed and expressly approved in writing by such Holder expressly for use inclusion in the Registration Statement, such Prospectus Statement or such form of Prospectus or any amendment or supplement theretoProspectus. Notwithstanding anything to the contrary contained herein, the Holders each Holder shall be liable under this Section 5(b) for only that amount as does not exceed the net proceeds to such Holder as a result of the sale of Registrable Securities pursuant to such Registration Statement.
Appears in 1 contract
Indemnification by Holders. Each Holder shall, severally and not jointly, indemnify and hold harmless the Company, its the directors, officers, agents and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and or Section 20 of the Exchange Act), and the directors, officers, agents or employees of such controlling Persons, to the fullest extent permitted by applicable law, from and against all Losses, as incurred, arising solely out of or based solely upon any untrue or alleged untrue statement of a material fact contained in the Registration Statement, any Prospectus, or any form Form of prospectus, or in any amendment or supplement thereto or in any preliminary prospectus, or arising solely out of or based solely upon any omission or alleged omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form Form of prospectus or supplement thereto), in the light of the circumstances under which they were made, ) not misleading, to the extent, but only to the extent, that such untrue statement or omission is contained in any information so furnished in writing by such Holder or other Indemnified Party to the Company expressly specifically for use therein inclusion in the Registration Statement or such Prospectus and that such information was reasonably relied upon by the Company for use therein, or to the extent that such information relates to such Holder or such Holder's proposed method of distribution of Registrable Securities and was reviewed and expressly approved in writing by such Holder expressly for use in the Registration Statement, such Prospectus or such form Form of Prospectus or any amendment or supplement theretoprospectus. Notwithstanding anything to the contrary contained herein, the Holders a Holder shall be liable under this Section 5(b) for only that amount as does not exceed the net proceeds to such Holder as a result of the sale of Registrable Securities pursuant to such Registration Statement.
Appears in 1 contract
Samples: Registration Rights Agreement (Communication Intelligence Corp)
Indemnification by Holders. Each Holder shall, severally -------------------------- and not jointly, indemnify and hold harmless the Company, its the directors, officers, agents and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, officers, agents or employees of such controlling Persons, to the fullest extent permitted by applicable law, from and against all Losses, as incurred, arising solely out of or based solely upon any untrue or alleged untrue statement of a material fact contained in the Registration Statement, any Prospectus, or any form of prospectus, or in any amendment or supplement thereto or in any preliminary prospectus, or arising solely out of or based solely upon any omission or alleged omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto), in the light of the circumstances under which they were made, not misleading, misleading to the extent, but only to the extent, that such untrue statement or omission is contained in any information so furnished in writing by such Holder or other Indemnified Party to the Company expressly specifically for use therein inclusion in the Registration Statement or such Prospectus and that such information was reasonably relied upon by the Company for use thereinin the Registration Statement, such Prospectus or such form of prospectus or to the extent that such information relates to such Holder or such Holder's proposed method of distribution of Registrable Securities and was reviewed and expressly approved in writing by such Holder expressly for use in the Registration Statement, such Prospectus or such form of Prospectus or any amendment or supplement thereto. Notwithstanding anything to prospectus; provided, however, that the contrary indemnity agreement contained herein, the Holders shall be liable under in this Section 5(b) for only that shall not apply to amounts paid in settlement of any Losses if such settlement is effected without the prior written consent of such Holder. In no event shall the liability of any selling Holder hereunder be greater in amount as does not exceed than the dollar amount of the net proceeds to received by such Holder as a result of upon the sale of the Registrable Securities pursuant giving rise to such Registration Statementindemnification obligation.
Appears in 1 contract
Samples: Registration Rights Agreement (Soros Fund Management LLC)
Indemnification by Holders. Each In connection with any registration -------------------------- statement in which a Holder shallis participating, severally each such Holder will furnish to the Company in writing such information with respect to such Holder as the Company reasonably requests for use in connection with any such registration statement or prospectus and not jointlyagrees to indemnify, indemnify and hold harmless to the extent permitted by law, the Company, its directors, officers, agents directors and employees, officers and each Person who controls the Company (within the meaning of Section 15 of the Securities Act 0000 Xxx) against any losses, claims, damages, liabilities and Section 20 of the Exchange Act), and the directors, officers, agents or employees of such controlling Persons, to the fullest extent permitted expenses caused by applicable law, from and against all Losses, as incurred, arising out of or based upon any untrue or alleged untrue statement of a material fact contained in the Registration Statement, any Prospectus, with respect to such Holder or any form of prospectus, or in any amendment or supplement thereto or in any preliminary prospectus, or arising out of or based upon any omission or alleged omission of a material fact with respect to such Holder required to be stated therein in the registration statement, prospectus or preliminary prospectus or any amendment thereof or supplement thereto or necessary to make the statements therein (in the case of any Prospectus or form of a prospectus or supplement thereto)preliminary prospectus, in the light of the circumstances under which they were made, ) not misleading, to the extent, but only to the extent, that such untrue statement or omission is contained in any information with respect to such Holder so furnished in writing by such Holder or other Indemnified Party to the Company expressly for use therein and that such information was reasonably relied upon by the Company for use therein, or to the extent that such information relates to such Holder or such Holder's proposed method of distribution of Registrable Securities and was reviewed and expressly approved in writing by such Holder expressly for use in the Registration Statementregistration statement, such Prospectus or such form of Prospectus prospectus, preliminary prospectus or any amendment or supplement theretothereof. Notwithstanding anything to the contrary contained herein, the Holders shall be liable The liability of a Holder under this Section 5(b) for only that shall be limited to an amount as does not exceed equal to the net proceeds to such Holder as a result initial public offering price of the sale Registrable Stock sold by such Holder, unless such liability arises out of Registrable Securities pursuant to or is based on willful misconduct of such Registration StatementHolder.
Appears in 1 contract
Samples: Registration Rights Agreement (New World Coffee Inc)
Indemnification by Holders. Each Holder shall, severally and not jointly, indemnify and hold harmless the Company, its directors, officers, agents and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, officers, agents or employees of such controlling Persons, to the fullest extent permitted by applicable law, from and against all Losses, as incurred, arising out of or based upon any untrue or alleged untrue statement of a material fact contained in the Registration Statement, any Prospectus, or any form of prospectus, or in any amendment or supplement thereto or in any preliminary prospectus, or arising out of or based upon any omission or alleged omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto), in the light of the circumstances under which they were made, not misleading, to the extent, but only to the extent, that such untrue statement or omission is contained in any information so furnished in writing by such Holder or other Indemnified Party to the Company expressly for use therein and that such information was reasonably relied upon by the Company for use therein, or to the extent that such information relates to such Holder or such Holder's ’s proposed method of distribution of Registrable Securities and was reviewed and expressly approved in writing by such Holder expressly for use in the Registration Statement, such Prospectus or such form of Prospectus or any amendment or supplement thereto. Notwithstanding anything to the contrary contained herein, the Holders shall be liable under this Section 5(b) for only that amount as does not exceed the net proceeds to such Holder as a result of the sale of Registrable Securities pursuant to such Registration Statement.
Appears in 1 contract
Samples: Registration Rights Agreement (Dirt Motor Sports, Inc.)
Indemnification by Holders. Each Holder shall, severally and not jointly, indemnify and hold harmless the Company, its the directors, officers, agents and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, officers, agents or employees of such controlling Persons, to the fullest extent permitted by applicable law, from and against all Losses, as incurred, arising solely out of or based solely upon any untrue or alleged untrue statement of a material fact contained in the Registration Statement, any Prospectus, or any form of prospectus, or in any amendment or supplement thereto or in any preliminary prospectus, or arising solely out of or based solely upon any omission or alleged omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto), in the light of the circumstances under which they were made, not misleading, misleading to the extent, but only to the extent, that such untrue statement or omission is contained in any information so furnished in writing by such Holder or other Indemnified Party to the Company expressly specifically for use therein inclusion in the Registration Statement or such Prospectus and that such information was reasonably relied upon by the Company for use thereinin the Registration Statement, such Prospectus or such form of prospectus or to the extent that such information relates to such Holder or such Holder's proposed method of distribution of Registrable Securities and was reviewed and expressly approved in writing by such Holder expressly for use in the Registration Statement, such Prospectus or such form of Prospectus or any amendment or supplement thereto. Notwithstanding anything to prospectus; provided, however, that the contrary indemnity agreement contained herein, the Holders shall be liable under in this Section 5(b7(b) for only that shall not apply to amounts paid in settlement of any Losses if such settlement is effected without the prior written consent of such Holder. In no event shall the liability of any selling Holder hereunder be greater in amount as does not exceed than the dollar amount of the net proceeds to received by such Holder as a result of upon the sale of the Registrable Securities pursuant giving rise to such Registration Statementindemnification obligation.
Appears in 1 contract
Samples: Registration Rights Agreement (Net Value Holdings Inc)
Indemnification by Holders. Each Holder shall, severally and not jointly, indemnify and hold harmless the Company, its respective directors, officers, agents and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, officers, agents or employees of such controlling Persons, to the fullest extent permitted by applicable law, from and against all Losses, as incurred, arising out of or are based upon any untrue or alleged untrue statement of a material fact contained in the any Registration Statement, any Prospectus, or any form of prospectus, or in any amendment or supplement thereto or in any preliminary prospectus, or arising out of or based upon relating to any omission or alleged omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus Prospectus, or any form of prospectus or supplement thereto), in the light of the circumstances under which they were made, ) not misleadingmisleading and has not been corrected in a subsequent writing prior to or concurrently with the sale of the Registrable Securities to the Person asserting such claim, to the extent, but only to the extent, that such untrue statements or omissions are based upon an untrue statement or omission is contained so made in any strict conformity with information so furnished in writing by such Holder or other Indemnified Party to the Company expressly for use therein and that such information was reasonably relied upon by the Company for use therein, or to the extent that such information relates to such Holder or such Holder's proposed method of distribution of Registrable Securities and was reviewed and expressly approved in writing by such Holder expressly for use therein. In no event shall the liability of any selling Holder hereunder be greater in amount than the Registration Statement, such Prospectus or such form dollar amount of Prospectus or any amendment or supplement thereto. Notwithstanding anything to the contrary contained herein, the Holders shall be liable under this Section 5(b) for only that amount as does not exceed the net proceeds to received by such Holder as a result of upon the sale of the Registrable Securities pursuant giving rise to such Registration Statementindemnification obligation. Such indemnity shall remain in full force and effect regardless of any investigation made by or on behalf of an Indemnified Party (as defined in Section 12(c)), shall survive the transfer of the Registrable Securities by the Holders, and shall be in addition to any liability which the Holder may otherwise have.
Appears in 1 contract
Samples: Registration Rights Agreement (Parker Drilling Co /De/)
Indemnification by Holders. Each Holder shallIn the event of any registration of any securities of the Company under the Securities Act in accordance with Section 6 herein, severally and not jointly, Holders shall indemnify and hold harmless (in the same manner and to the same extent as set forth in subdivision (a) of this Section 7) the Company, each of its directors, officers, agents and employeeseach of its officers who signed the registration statement pursuant to which any shares of Holders are sold, each Person person, if any, who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, officers, agents all other prospective sellers or employees of such controlling Persons, to the fullest extent permitted by applicable law, from and against all Lossesany underwriter, as incurredthe case may be, arising out of or based upon with respect to any untrue statement or alleged untrue statement of a material fact contained in the Registration Statement, any Prospectus, or any form of prospectus, or in any amendment or supplement thereto or in any preliminary prospectus, or arising out of or based upon any omission or alleged omission of a material fact required to be stated therein from such registration statement, any preliminary, final or necessary to make the statements therein (in the case of summary prospectus contained therein, or any Prospectus amendment or form of prospectus supplement, if such statement or supplement thereto), in the light of the circumstances under which they were made, not misleading, to the extent, but only to the extent, that such untrue alleged statement or omission is contained or alleged omission was made in any reliance upon and in conformity with written information so with respect to Holders or underwriter furnished in writing by such Holder or other Indemnified Party to the Company expressly for use therein and by Holders specifically stating that such information was reasonably relied upon by the Company for use therein, or to the extent that such information relates to such Holder or such Holder's proposed method of distribution of Registrable Securities and was reviewed and expressly approved in writing by such Holder expressly it is for use in the Registration Statementpreparation of such registration statement, such Prospectus preliminary, final or such form of Prospectus summary prospectus or any amendment or supplement thereto. Notwithstanding anything to supplement, or a document incorporated by reference into any of the contrary contained hereinforegoing; provided, however, that the Holders shall be liable liability of such indemnifying party under this Section 5(b7(b) for only that shall be limited to the amount as does not exceed the of net proceeds received by such indemnifying party from the offering giving rise to such Holder as a result liability. Such indemnity shall remain in full force and effect regardless of any investigation made by or on behalf of the sale Company or any of Registrable Securities pursuant to the prospective sellers, or any of their respective affiliates, directors, officers or controlling Persons and shall survive the transfer of such Registration Statementsecurities by Holders.
Appears in 1 contract
Samples: Registration Rights Agreement (Jackpot Enterprises Inc)
Indemnification by Holders. Each Holder shall, severally and not jointly, indemnify and hold harmless the Company, its directors, officers, agents and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, officers, agents or and employees of such controlling Persons, to the fullest extent permitted by applicable law, from and against all Losses, as incurred, arising out of or based upon (i) any untrue or alleged breach of this Agreement by such Holder and (ii) any untrue statement of a material fact contained in the Registration Statement, any Prospectus, or any form of prospectus, or in any amendment or supplement thereto or in any preliminary prospectusthereto, or arising out of or based upon any omission or alleged omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto), in the light of the circumstances under which they were made, ) not misleading, to the extent, but only to the extent, that such untrue statement or omission is contained in any information so furnished in writing by such Holder or other Indemnified Indemnifying Party to the Company expressly specifically for use therein and that such information was reasonably relied upon by the Company for use therein, or to the extent that such information relates to such Holder or such Holder's proposed method of distribution of Registrable Securities and was reviewed and expressly approved in writing by such Holder expressly for use inclusion in the Registration Statement, such Prospectus Statement or such form of Prospectus or any amendment or supplement theretoProspectus. Notwithstanding anything to the contrary contained herein, the Holders each Holder shall be liable under this Section 5(bSECTION 5(B) for only that amount as does not exceed the net proceeds to such Holder as a result of the sale of Registrable Securities pursuant to such Registration Statement.
Appears in 1 contract
Indemnification by Holders. Each Holder shall, severally and not jointly, indemnify and hold harmless the Company, its directors, officers, agents and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, officers, agents or employees of such controlling Persons, to the fullest extent permitted by applicable law, from and against all Losses, as incurred, arising out of or are based upon any untrue or alleged untrue statement of a material fact contained in the any Registration Statement, any Prospectus, or any form of prospectus, or in any amendment or supplement thereto or in any preliminary prospectus, or arising out of or based upon relating to any omission or alleged omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus Prospectus, or any form of prospectus or supplement thereto), in the light of the circumstances under which they were made, ) not misleading, misleading (i) to the extent, but only to the extent, that such untrue statement statements or omission is contained in any omissions are based solely upon information so regarding such Holder furnished in writing by such Holder or other Indemnified Party to the Company expressly for use therein and that such information was reasonably relied upon by the Company for use therein, or to the extent that such information relates to such Holder or such Holder's proposed method of distribution of Registrable Securities and was reviewed and expressly approved in writing by such Holder expressly for use therein or (ii) in the Registration Statementcase of an occurrence of an event of the type specified in Section 3(c)(iii)-(vi), such Prospectus or such form of Prospectus or any amendment or supplement thereto. Notwithstanding anything to the contrary contained hereinextent, but only to the Holders extent, related to the use by such Holder of an outdated or defective Prospectus after the Company has notified such Holder in writing that the Prospectus is outdated or defective and prior to the receipt by such Holder of the Advice contemplated in Section 7(d). In no event shall the liability of any selling Holder hereunder be liable under this Section 5(b) for only that greater in amount as does not exceed than the dollar amount of the net proceeds to received by such Holder as a result of upon the sale of the Registrable Securities pursuant giving rise to such Registration Statementindemnification obligation.
Appears in 1 contract
Indemnification by Holders. Each Holder shall, severally and not jointly, indemnify and hold harmless the Company, its the directors, officers, agents and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, officers, agents or employees of such controlling Persons, to the fullest extent permitted by applicable law, from and against all Losses, as incurred, arising solely out of or based solely upon any untrue or alleged untrue statement of a material fact contained in the Registration Statement, any Prospectus, or any form of prospectus, or in any amendment or supplement thereto or in any preliminary prospectus, or arising solely out of or based solely upon any omission or alleged omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto), in the light of the circumstances under which they were made, ) not misleading, to the extent, but only to the extent, that such untrue statement or omission is contained in or omitted from any information so furnished in writing by such Holder or other Indemnified Party to the Company expressly specifically for use therein inclusion in the Registration Statement or such Prospectus and that such information was reasonably relied upon by the Company for use thereinin the Registration Statement, such Prospectus or such form of prospectus or to the extent that such information relates to such Holder or such Holder's proposed method of distribution of Registrable Securities and was reviewed and expressly approved in writing by such Holder expressly for use in the Registration Statement, such Prospectus or such form of Prospectus or any amendment or supplement theretoSupplement. Notwithstanding anything to the contrary contained herein, the Holders Holder shall be liable under this Section 5(b) for only that amount as does not exceed the net proceeds to such Holder as a result of the sale of Registrable Securities pursuant to such Registration Statement.
Appears in 1 contract
Samples: Registration Rights Agreement (Global Maintech Corp)
Indemnification by Holders. Each Holder The Holders shall, severally and not -------------------------- jointly, indemnify and hold harmless the Company, its the directors, officers, agents and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, officers, agents or employees of such controlling Persons, to the fullest extent permitted by applicable law, from and against all Losses, as incurred, arising solely out of or based solely upon any untrue or alleged untrue statement of a material fact contained in the Registration Statement, any Prospectus, or any form of prospectus, or in any amendment or supplement thereto or in any preliminary prospectus, or arising solely out of or based solely upon any omission or alleged omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto), in the light of the circumstances under which they were made, ) not misleading, to the extent, but only to the extent, that such untrue statement or omission is contained in any information so furnished in writing by such Holder or other Indemnified Party to the Company expressly specifically for use therein inclusion in the Registration Statement or such Prospectus and that such information was reasonably relied upon by the Company for use thereinin the Registration Statement, such Prospectus or such form of prospectus or to the extent that such information relates to such Holder or such Holder's proposed method of distribution of Registrable Securities and was reviewed and expressly approved in writing by such Holder expressly for use in the Registration Statement, such Prospectus or such form of Prospectus or any amendment or supplement theretoProspectus. Notwithstanding anything to the contrary contained herein, the Holders Holder shall be liable under this Section 5(b) for only that amount as does not exceed the net proceeds to such Holder as a result of the sale of Registrable Securities pursuant to such Registration Statement.
Appears in 1 contract
Samples: Registration Rights Agreement (Skylynx Communications Inc)
Indemnification by Holders. Each Holder shall, severally and not jointly, indemnify and hold harmless the Company, its directors, officers, agents and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, officers, agents or employees of such controlling Persons, and the respective successors, assigns, estate and personal representatives of each of the foregoing, to the fullest extent permitted by applicable law, from and against any and all Losses, as incurred, arising out of or based upon relating to any untrue or alleged untrue statement of a material fact contained in the Registration Statement, any Prospectus, as supplemented or any form of prospectusamended, or in any amendment or supplement thereto or in any preliminary prospectusif applicable, or arising out of or based upon relating to any omission or alleged omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto), in the light of the circumstances under which they were made, ) not misleading, to the extent, but only to the extent, extent that (i) such untrue statement or omission is contained in or omitted from any information so furnished in writing by such the Holder or other Indemnified Party to the Company expressly for use therein inclusion in the Registration Statement or such Prospectus, and that (ii) such information was reasonably relied upon by the Company for use therein, or to the extent that such information relates to such Holder or such Holder's proposed method of distribution of Registrable Securities and was reviewed and expressly approved in writing by such Holder expressly for use in the Registration Statement, such Prospectus or such form of Prospectus or any amendment or supplement theretoprospectus. Notwithstanding anything to the contrary contained herein, the Holders each Holder shall be liable under this Section 5(b6(b) for only that amount as does not exceed the net gross proceeds to such Holder as a result of the sale of Registrable Securities pursuant to such Registration Statement.
Appears in 1 contract
Samples: Registration Rights Agreement (BlueLinx Holdings Inc.)
Indemnification by Holders. Each Holder shall, severally and not jointly, indemnify and hold harmless the Company, its the directors, officers, agents and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, officers, agents or employees of such controlling Persons, to the fullest extent permitted by applicable law, from and against all LossesLosses (as determined by a court of competent jurisdiction in a final judgment not subject to appeal or review), as incurred, arising solely out of or based solely upon any untrue or alleged untrue statement of a material fact contained in the Registration Statement, any Prospectus, or any form of prospectus, or in any amendment or supplement thereto or in any preliminary prospectus, or arising solely out of or based solely upon any omission or alleged omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto), in the light of the circumstances under which they were made, ) not misleading, to the extent, but only to the extent, that such untrue statement or omission is contained in any information so furnished in writing by such Holder or other Indemnified Party to the Company expressly specifically for use therein inclusion in the Registration Statement or such Prospectus and that such information was reasonably relied upon by the Company for use therein, or to the extent that such information relates to such Holder or such Holder's proposed method of distribution of Registrable Securities and was reviewed and expressly approved in writing by such Holder expressly for use in the Registration Statement, such Prospectus or such form of Prospectus or any amendment or supplement theretoprospectus. Notwithstanding anything to the contrary contained herein, the Holders shall be liable under this Section 5(b) for only that amount as does not exceed the net proceeds to such Holder as a result of the sale of Registrable Securities pursuant to such Registration Statement.
Appears in 1 contract
Indemnification by Holders. Each Holder shall, severally and not jointly, shall cause each Holder Indemnitee to indemnify and hold harmless the Company, its the Company's officers and directors, officers, agents affiliates of the Company and employees, each any Person who controls deemed to control the Company (within the meaning of Section 15 of a "Company Indemnitee") against any losses, claims, damages or liabilities, joint or several, to which such Company Indemnitee may become subject, under the Securities Act and Section 20 of the Exchange Act)or otherwise, and the directors, officers, agents that directly or employees of such controlling Persons, to the fullest extent permitted by applicable law, from and against all Losses, as incurred, arising indirectly arise out of or are based upon any an untrue statement or alleged untrue statement of a material fact contained in any preliminary prospectus, the Registration Statement, any Prospectus, Statement or any form of the prospectus, or in any amendment or supplement thereto or in any preliminary prospectusthereto, or arising arise out of or are based upon any the omission or alleged omission of to state therein a material fact required to be stated therein or necessary to make the statements therein (not misleading and reimburse each Company Indemnitee for any legal or other expenses reasonably incurred by such Company Indemnitee in the case of connection with investigating or defending any Prospectus such action or form of prospectus or supplement thereto)claim as such expenses are incurred, in the light of the circumstances under which they were made, not misleading, each case to the extent, but only to the extent, that such untrue statement or alleged untrue statement or omission is contained or alleged omission was made in any preliminary prospectus, the Registration Statement or the prospectus or any such amendment or supplement in reliance upon and in conformity with written information so furnished in writing to the Company by such Holder or other Indemnified Party to the Company Indemnitee expressly for use therein and that such information was reasonably relied upon by the Company for use therein, or to the extent that such information relates to such Holder or such Holder's proposed method of distribution of Registrable Securities and was reviewed and expressly approved in writing by such Holder expressly for use in the Registration Statement, such Prospectus or such form of Prospectus or any amendment or supplement thereto. Notwithstanding anything to the contrary contained herein, the Holders shall be liable under this Section 5(b) for only that amount as does not exceed the net proceeds to such Holder as a result of the sale of Registrable Securities pursuant to such Registration Statement.
Appears in 1 contract
Indemnification by Holders. Each Holder shall, severally and not jointly, indemnify and hold harmless the Company, its the directors, officers, agents and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, officers, agents or employees of such controlling Persons, to the fullest extent permitted by applicable law, from and against all Losses, as incurred, arising solely out of or based solely upon any untrue or alleged untrue statement of a material fact contained in the Registration Statement, any such Prospectus, or any form of prospectus, or in any amendment or supplement thereto or in any preliminary prospectusProspectus, or arising solely out of or based solely upon any omission or alleged omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus Prospectus or supplement thereto), in the light of the circumstances under which they were made, ) not misleading, to the extent, but only to the extent, that such untrue statement or omission is contained in any information so furnished in writing by such Holder or other Indemnified Party to the Company expressly specifically for use therein inclusion in the Registration Statement or such Prospectus and that such information was reasonably relied upon by the Company for use thereinin the Registration Statement, such Prospectus or such form of prospectus or to the extent that such information relates to such Holder or such Holder's proposed method of distribution of Registrable Securities and Additional Investor Shares, if any, and was reviewed and expressly approved in writing by such Holder expressly for use in the Registration Statement, such Prospectus or such form of Prospectus or any amendment or supplement thereto. Notwithstanding anything to the contrary contained herein, the Holders shall be liable under this Section 5(b) for only that amount as does not exceed the net proceeds to such Holder as a result of the sale of Registrable Securities pursuant to such Registration StatementProspectus.
Appears in 1 contract
Indemnification by Holders. Each Holder and its permitted assignees shall, severally and not jointly, indemnify and hold harmless the Company, its directors, officers, agents and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, officers, agents or employees of such controlling Persons, and the respective successors, assigns, estate and personal representatives of each of the foregoing, to the fullest extent permitted by applicable law, from and against all Losses, as incurred, arising out of or based upon relating to any untrue or alleged untrue statement of a material fact contained in the any Registration Statement, any Prospectus, as supplemented or any form of prospectusamended, or in any amendment or supplement thereto or in any preliminary prospectusif applicable, or arising out of or based upon relating to any omission or alleged omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto), in the light of the circumstances under which they were made, ) not misleading, to the extent, but only to the extent, that such untrue statement or omission or alleged untrue statement or omission is contained in or omitted from any information so regarding such Holder furnished in writing to the Company by such Holder or other Indemnified Party to the Company expressly for use therein in therein, and that such information was reasonably relied upon by the Company for use therein, or to the extent that such information relates to such Holder or such Holder's Xxxxxx’s proposed method of distribution of Registrable Securities and was reviewed and expressly approved furnished in writing by such Holder expressly for use therein; provided, however, that (i) the indemnity agreement contained in this Section 6.8 shall not apply to amounts paid in settlement if such settlement is effected without the Registration Statement, such Prospectus or such form prior written consent of Prospectus or any amendment or supplement thereto. Notwithstanding anything to the contrary contained herein, the Holders and (ii) in no event shall be liable under a Holder’s liability pursuant to this Section 5(b) for only that amount as does not 6.8, exceed the net proceeds to from the offering received by such Holder as a result of the sale of Registrable Securities pursuant to such Registration StatementHolder.
Appears in 1 contract
Samples: Securities Purchase Agreement (Taysha Gene Therapies, Inc.)
Indemnification by Holders. Each In connection with any registration statement in which a Holder shallis participating, each such Holder will furnish to the Company in writing such information and affidavits as the Company reasonably requests for use in connection with any such registration statement and related prospectus and, to the extent permitted by law, will indemnify, severally and not jointly, indemnify and hold harmless the Company, its directors, officers, agents directors and employees, officers and each Person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, officers, agents or employees of such controlling Persons, to the fullest extent permitted by applicable law, ) against any Losses resulting from and against all Losses, as incurred, arising out of or based upon any untrue or alleged untrue statement of a material fact contained in the Registration Statementregistration statement, any Prospectus, prospectus or preliminary prospectus or any form of prospectus, or in any amendment thereof or supplement thereto or in any preliminary prospectus, or arising out of or based upon any omission or alleged omission of a material fact required to be stated therein or necessary to make the statements therein (not misleading and will reimburse the Company and such directors, officers, partners, members, managers, stockholders, accountants, attorneys, employees, agents, Persons, or control Persons for any legal or any other expenses reasonably incurred in the case of connection with investigating or defending any Prospectus such claim, loss, damage, liability, or form of prospectus or supplement thereto)action, in the light of the circumstances under which they were made, not misleading, each case to the extent, but only to the extent, that such untrue statement or omission is contained or should have been contained in any information or affidavit so furnished in writing by such Holder or other Indemnified Party to the Company expressly for use therein and that such information was reasonably relied upon by the Company for use therein, or to the extent that such information relates to such Holder or such Holder's proposed method of distribution of Registrable Securities and was reviewed and expressly approved in writing by such Holder expressly for use in the Registration Statementsuch registration statement, such Prospectus prospectus or such form of Prospectus preliminary prospectus or any amendment thereof or supplement thereto. Notwithstanding anything ; provided, that the obligation to indemnify will be individual to each Holder and will be limited to the contrary contained herein, the Holders shall be liable under this Section 5(b) for only that amount as does not exceed the of net proceeds to received by such Holder as a result of holder from the sale of Registrable Securities pursuant to such Registration Statement.registration statement..
Appears in 1 contract
Samples: Form of Registration Rights Agreement (Baseline Oil & Gas Corp.)
Indemnification by Holders. Each Holder shall, severally and not jointly, notwithstanding any termination of this Agreement, indemnify and hold harmless the Company, its the directors, officers, agents and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, officers, agents or employees of such controlling Persons, to the fullest extent permitted by applicable law, from and against all LossesLosses (as determined by a court of competent jurisdiction in a final judgment not subject to appeal or review), as incurred, arising out of or based upon any untrue or alleged untrue statement of a material fact contained in the Registration Statement, any Prospectus, or any form of prospectus, or in any amendment or supplement thereto or in any preliminary prospectus, or arising out of or based upon any omission or alleged omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto), in the light of the circumstances under which they were made, ) not misleading, to the extent, but only to the extent, that such untrue statement statements or omission is omissions are contained in any information so furnished in writing by such Holder or other Indemnified Party to the Company expressly specifically for use therein inclusion or for determination that such information was not required to be included in the Registration Statement or such Prospectus and that such information was reasonably relied upon by the Company for use thereinin the Registration Statement, such Prospectus or such form of prospectus or to the extent that such information relates to such Holder or such Holder's proposed method of distribution of Registrable Securities and was reviewed and expressly approved in writing by such Holder expressly for use in the Registration Statement, such Prospectus or such form of Prospectus or any amendment or supplement thereto. Notwithstanding anything to the contrary contained herein, the Holders shall be liable under this Section 5(b) for only that amount as does not exceed the net proceeds to such Holder as a result of the sale of Registrable Securities pursuant to such Registration StatementProspectus.
Appears in 1 contract
Samples: Registration Rights Agreement (Hienergy Technologies Inc)
Indemnification by Holders. Each In connection with any registration statement in which a Holder shallis participating, each such Holder shall furnish to the Company in writing such information and affidavits with respect to such Holder as the Company reasonably requests for use in connection with any such registration statement or prospectus and agrees to indemnify, severally and not jointly, indemnify and hold harmless to the fullest extent permitted by law, the Company, its directors, officers, directors and agents and employeeseach Person, each Person if any, who controls the Company (within the meaning of Section 15 of the Securities Act Act) against any and Section 20 of the Exchange Act)all losses, claims, damages, liabilities and the directors, officers, agents or employees of such controlling Persons, to the fullest extent permitted by applicable law, expenses resulting from and against all Losses, as incurred, arising out of or based upon any untrue or alleged untrue statement state ment of a material fact contained in the Registration Statement, any Prospectus, or any form of prospectus, or in any amendment or supplement thereto or in any preliminary prospectus, or arising out of or based upon any omission or alleged omission of a material fact required to be stated therein in any registration statement, prospectus or preliminary prospectus or any amendment thereof or supplement thereto or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto)a prospectus, in the light of the circumstances under which they were made, ) not misleading, to the extent, but only to the extent, that such untrue or alleged untrue statement or omission is contained in or improperly omitted from, as the case may be, any information or affidavit with respect to such Holder so furnished in writing by such Holder. Each Holder or other Indemnified Party also shall indemnify any underwriters of the Registrable Securities, their officers and directors and each Person who controls such underwriters (within the meaning of the Securities Act) to the Company expressly for use therein and that such information was reasonably relied upon by the Company for use therein, or same extent as provided above with respect to the extent that such information relates to such Holder or such Holder's proposed method of distribution of Registrable Securities and was reviewed and expressly approved in writing by such Holder expressly for use in the Registration Statement, such Prospectus or such form of Prospectus or any amendment or supplement thereto. Notwithstanding anything to the contrary contained herein, the Holders shall be liable under this Section 5(b) for only that amount as does not exceed the net proceeds to such Holder as a result indemnification of the sale of Registrable Securities pursuant to such Registration StatementCompany.
Appears in 1 contract
Samples: Empire of Carolina Inc
Indemnification by Holders. Each Holder shall, severally and not jointly, indemnify and hold harmless the Company, its directors, managers, partners, members, shareholders, officers, agents and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, managers, partners, members, shareholders, officers, agents or and employees of such controlling Persons, to the fullest extent permitted by applicable law, from and against all Losses, as incurred, arising out of or based solely upon any untrue or alleged untrue statement of a material fact contained in the Registration Statement, any Prospectus, or any form of prospectus, or in any amendment or supplement thereto or in any preliminary prospectus, or arising out of or based solely upon any omission or alleged omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto), in the light of the circumstances under which they were made, ) not misleading, to the extent, but only to the extent, that such untrue statement or omission is contained in any information so furnished in writing by such Holder or other Indemnified Party to the Company expressly for use therein and that such information was reasonably relied upon by the Company for use therein, or to the extent that such information relates to such Holder or such Holder's proposed method of distribution of Registrable Securities therein and was reviewed and expressly approved in writing by such Holder expressly for use in the Registration Statement, Statement or such Prospectus or such form of Prospectus or any amendment or supplement thereto. Notwithstanding anything to the contrary contained herein, the Holders each Holder shall be liable under this Section 5(bSECTION 5(B) for only that amount as does not exceed the net proceeds to such Holder as a result of the sale of Registrable Securities pursuant to such Registration Statement.
Appears in 1 contract
Samples: Registration Rights Agreement (Marketing Worldwide Corp)
Indemnification by Holders. Each Holder shall, severally and not jointly, indemnify and hold harmless the Company, its directors, officers, agents and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities 1933 Act and Section 20 of the Exchange 1934 Act), and the directors, officers, agents or and employees of such controlling Persons, to the fullest extent permitted by applicable law, from and against all LossesLosses (as determined by a court of competent jurisdiction in a final judgment not subject to appeal or review), as incurred, arising solely out of or based solely upon any untrue or alleged untrue statement of a material fact contained in the Registration Statement, any Prospectus, or any form of prospectus, or in any amendment or supplement thereto or in any preliminary prospectus, or arising solely out of or based solely upon any omission or alleged omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto), in the light of the circumstances under which they were made, ) not misleading, to the extent, but only to the extent, that such untrue statement or omission is contained in any information so furnished in writing by such Holder or other Indemnified Party to the Company expressly specifically for use therein and that such information was reasonably relied upon by the Company for use therein, or to the extent that such information relates to such Holder or such Holder's proposed method of distribution of Registrable Securities and was reviewed and expressly approved in writing by such Holder expressly for use inclusion in the Registration Statement, such Prospectus Statement or such form of Prospectus or any amendment or supplement theretoProspectus. Notwithstanding anything to the contrary contained herein, the Holders each Holder shall be liable under this Section 5(b) for only that amount as does not exceed the net proceeds to such Holder as a result of the sale of Registrable Securities Shares pursuant to such Registration Statement.
Appears in 1 contract
Samples: Registration Rights Agreement (Bancshares of Florida Inc)
Indemnification by Holders. Each Holder shall, severally and not jointly, indemnify and hold harmless the Company, its directors, officers, agents and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and and/or Section 20 of the Exchange Act), and the directors, officers, agents or employees of each of the Company and such controlling Persons, to the fullest extent permitted by applicable law, from and against all Losses, as incurred, arising solely out of or based solely upon any untrue or alleged untrue statement of a material fact contained in the Registration Statement, any Prospectus, or any form of prospectus, or in any amendment or supplement thereto or in any preliminary prospectus, or arising solely out of or based solely upon any omission or alleged omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto), in the light of the circumstances under which they were made, ) not misleading, to the extent, but only to the extent, that such untrue statement or omission is contained in any information so furnished in writing by such Holder or other Indemnified Party to the Company expressly specifically for use therein inclusion in the Registration Statement or such Prospectus and that such information was reasonably relied upon by the Company for use thereinin the Registration Statement, such Prospectus or such form of prospectus or to the extent that such information relates to such Holder or such Holder's proposed method of distribution of Registrable Securities and was reviewed and expressly approved in writing by such Holder expressly for use in the Registration Statement, such Prospectus or such form of Prospectus or any amendment or supplement theretoProspectus. Notwithstanding anything to the contrary contained herein, the Holders Holder shall be liable under this Section 5(b) for only that amount as does not exceed the net proceeds to such Holder as a result of the sale of Registrable Securities pursuant to such Registration Statement.
Appears in 1 contract
Indemnification by Holders. Each Holder shall, severally notwithstanding any termination of this Agreement, jointly and not jointlyseverally, indemnify and hold harmless the Company, its the directors, officers, agents agents, representatives and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, officers, agents or employees of such controlling Persons, to the fullest extent permitted by applicable law, from and against all Losses, as incurred, arising out of or based upon relating to any untrue or alleged untrue statement of a material fact contained in the Registration Statement, any Prospectus, Prospectus or any form of prospectus, prospectus or in any amendment or supplement thereto or in any preliminary prospectus, or arising out of or based upon any omission or alleged omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto), in the light of the circumstances under which they were made, ) not misleading, to the extent, but only to the extent, extent that such untrue statement or omission is contained in or omitted from any information so furnished in writing by such Holder or other Indemnified Party to the Company expressly for use inclusion therein and that such information was reasonably relied upon by the Company for use therein, or to the extent that such information relates to such Holder or such Holder's proposed method of distribution of Registrable Securities and was reviewed and expressly or approved in writing by such Holder expressly for use in the Registration Statement, such Prospectus or such form of Prospectus Supplement or in any amendment or supplement thereto. Notwithstanding anything to the contrary contained herein, the Holders shall be liable under this Section 5(b) for only that amount as does not exceed the net proceeds to such Holder as a result of the sale of Registrable Securities pursuant to such Registration Statement.
Appears in 1 contract
Indemnification by Holders. Each Holder shall, severally and not jointly, indemnify and hold harmless the Company, its the directors, officers, agents and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, officers, agents or employees of such controlling Persons, 10 to the fullest extent permitted by applicable law, from and against all Losses, as incurred, arising solely out of or based solely upon any untrue or alleged untrue statement of a material fact contained in the Registration Statement, any Prospectus, or any form of prospectus, or in any amendment or supplement thereto or in any preliminary prospectus, or arising solely out of or based solely upon any omission or alleged omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto), in the light of the circumstances under which they were made, ) not misleading, to the extent, but only to the extent, that such untrue statement or omission is contained in any information so furnished in writing by such Holder or other Indemnified Party to the Company expressly specifically for use therein inclusion in the Registration Statement or such Prospectus and that such information was reasonably relied upon by the Company for use thereinin the Registration Statement, such Prospectus or such form of prospectus or to the extent that such information relates to such Holder or such Holder's proposed method of distribution of Registrable Securities and was reviewed and expressly approved in writing by such Holder expressly for use in the Registration Statement, such Prospectus or such form of Prospectus or any amendment or supplement thereto. Notwithstanding anything to the contrary contained hereinProspectus; provided, the Holders however, no Holder shall be liable under this Section 5(b) for only that any claims hereunder in excess of the amount as does not exceed the of net proceeds to received by such Holder as a result of from the sale of Registrable Securities pursuant to such Registration Statement.
Appears in 1 contract
Samples: Registration Rights Agreement (Team Communication Group Inc)
Indemnification by Holders. Each Holder shall, severally and not jointly, indemnify and hold harmless the Company, its the directors, officers, agents and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, officers, agents or employees of such controlling Persons, to the fullest extent permitted by applicable law, from and against all LossesLosses (as determined by a court of competent jurisdiction in a final judgment not subject to appeal or review), as incurred, arising solely out of or based solely upon any untrue or alleged untrue statement of a material fact contained in the Registration Statement, any Prospectus, or any form of prospectus, or in any amendment or supplement thereto or in any preliminary prospectus, or arising solely out of or based solely upon any omission or alleged omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto), in the light of the circumstances under which they were made, ) not misleading, to the extent, but only to the extent, that such untrue statement or omission is contained in any information so furnished in writing by such Holder or other Indemnified Party to the Company expressly specifically for use therein and that such information was reasonably relied upon by the Company for use therein, or to the extent that such information relates to such Holder or such Holder's proposed method of distribution of Registrable Securities and was reviewed and expressly approved in writing by such Holder expressly for use inclusion in the Registration Statement, such Prospectus Statement or such form of Prospectus or any amendment or supplement theretoProspectus. Notwithstanding anything to the contrary contained herein, the Holders shall be liable under this Section 5(b) for only that amount as does not exceed the net proceeds to such Holder as a result of the sale of Registrable Securities pursuant to such Registration Statement.
Appears in 1 contract
Samples: Registration Rights Agreement (Wire One Technologies Inc)
Indemnification by Holders. Each Holder shall, severally and not jointly, indemnify and hold harmless the Company, its directors, officers, agents and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, officers, agents or employees of such controlling Persons, to the fullest extent permitted by applicable law, from and against all Losses, as incurred, arising out of or based upon any untrue or alleged untrue statement of a material fact contained in the Registration Statement, any Prospectus, or any form of prospectus, or in any amendment or supplement thereto or in any preliminary prospectus, or arising out of or based upon any omission or alleged omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto), in the light of the circumstances under which they were made, not misleading, to the extent, but only to the extent, that such untrue statement or omission is contained in any information so furnished in writing by such Holder or other Indemnified Party to the Company expressly for use therein and that such information was reasonably relied upon by the Company for use therein, or to the extent that such information relates to such Holder or such Holder's proposed method of distribution of Registrable Securities and was reviewed and expressly approved in writing by such Holder expressly for use in the Registration Statement, such Prospectus or such form of Prospectus or any amendment or supplement thereto. Notwithstanding anything to the contrary contained herein, the Holders shall be liable under this Section 5(b) for only that amount as does not exceed the lesser of (i) the dollar amount of the net proceeds to received by such Holder as a result of upon the sale of the Registrable Securities giving rise to such indemnification obligation and (ii) the aggregate purchase price paid by the Holder for the Notes pursuant to such Registration Statementthe Purchase Agreement.
Appears in 1 contract