Common use of Indemnification by Selling Holders Clause in Contracts

Indemnification by Selling Holders. Each Selling Holder will, to the extent applicable law permits, indemnify USC and each of its Related Parties against, and hold each of those Persons harmless from and in respect of, Claims to the same extent as the indemnity from USC to that Selling Holder in Section 10(a), but only with respect to information that is furnished by or on behalf of that Selling Holder expressly for use in a Sellers' Registration Statement or any prospectus (including any preliminary prospectus) forming a part thereof, or any amendment thereof or supplement thereto. If any action or proceeding is brought against USC or any of its Related Parties in respect of which any of those Persons may seek indemnity from a Selling Holder pursuant to this Section 10(c), that Selling Holder will have the rights and duties given to USC, and each of those Persons will have the rights and duties given to that Selling Holder and that Selling Holder's Related Parties, by Section 10(b). Each Selling Holder also will, to the extent applicable law permits, indemnify and hold harmless the underwriters of the shares of Registrable Common offered by that Selling Holder on substantially the same basis on which USC will indemnify and hold harmless those Persons pursuant to Section 10(a).

Appears in 1 contract

Samples: Registration Rights Agreement (Us Concrete Inc)

AutoNDA by SimpleDocs

Indemnification by Selling Holders. Each Selling Holder will, to the extent permitted by applicable law permitslaw, indemnify USC IVT and each of its Related Parties against, and hold each of those Persons harmless from and in respect of, Claims to the same extent as the indemnity from USC IVT to that Selling Holder in Section 10(a), but only with respect to information that is furnished by or on behalf of that Selling Holder expressly for use in a Sellers' Registration Statement or any prospectus (including any preliminary prospectus) forming a part thereof, or any amendment thereof or supplement thereto. If any action or proceeding is brought against USC IVT or any of its Related Parties in respect of which any of those Persons may seek indemnity from a Selling Holder pursuant to this Section 10(c), that Selling Holder will have the rights and duties given to USCIVT, and each of those Persons will have the rights and duties given to that Selling Holder and that Selling Holder's Related Parties, by Section 10(b). Each Selling Holder also will, to the extent permitted by applicable law permitslaw, indemnify and hold harmless the underwriters of the shares of Registrable Common offered by that Selling Holder on substantially the same basis on which USC IVT will indemnify and hold harmless those Persons pursuant to Section 10(a).

Appears in 1 contract

Samples: Registration Rights Agreement (Innovative Valve Technologies Inc)

Indemnification by Selling Holders. Each Selling Holder will, to the extent applicable law permits, indemnify USC the Company and each of its Related Parties against, and hold each of those Persons harmless from and in respect of, Claims to the same extent as the indemnity from USC the Company to that Selling Holder in Section 10(a11(a), but only with respect to information that is furnished by or on behalf of that Selling Holder expressly for use in a Sellers' ’ Registration Statement or any prospectus (including any preliminary prospectus) forming a part thereof, or any amendment thereof or supplement thereto. If any action or proceeding is brought against USC the Company or any of its Related Parties in respect of which any of those Persons may seek indemnity from a Selling Holder pursuant to this Section 10(c11(c), that Selling Holder will have the rights and duties given to USCthe Company, and each of those Persons will have the rights and duties given to that Selling Holder and that Selling Holder's ’s Related Parties, by Section 10(b11(b). Each Selling Holder also will, to the extent applicable law permits, indemnify and hold harmless the underwriters of the shares of Registrable Common Shares offered by that Selling Holder on substantially the same basis on which USC the Company will indemnify and hold harmless those Persons pursuant to Section 10(a11(a).

Appears in 1 contract

Samples: Registration Rights Agreement (Boston Life Sciences Inc /De)

Indemnification by Selling Holders. Each Selling Holder will, to the extent applicable law permits, indemnify USC the Company and each of its Related Parties against, and hold each of those Persons harmless from and in respect of, Claims to the same extent as the indemnity from USC the Company to that Selling Holder in Section 10(a11(a), but only with respect to information that is furnished by or on behalf of that Selling Holder expressly for use in a Sellers' Registration Statement or any prospectus (including any preliminary prospectus) forming a part thereof, or any amendment thereof or supplement thereto. If any action or proceeding is brought against USC the Company or any of its Related Parties in respect of which any of those Persons may seek indemnity from a Selling Holder pursuant to this Section 10(c11(c), that Selling Holder will have the rights and duties given to USCthe Company, and each of those Persons will have the rights and duties given to that Selling Holder and that Selling Holder's Related Parties, by Section 10(b11(b). Each Selling Holder also will, to the extent applicable law permits, indemnify and hold harmless the underwriters of the shares of Registrable Common Shares offered by that Selling Holder on substantially the same basis on which USC the Company will indemnify and hold harmless those Persons pursuant to Section 10(a11(a).

Appears in 1 contract

Samples: Registration Rights Agreement (Boston Life Sciences Inc /De)

AutoNDA by SimpleDocs

Indemnification by Selling Holders. Each Selling Holder will, to the extent permitted by applicable law permitslaw, indemnify USC INVATEC and each of its Related Parties against, and hold each of those Persons harmless from and in respect of, Claims to the same extent as the indemnity from USC INVATEC to that Selling Holder in Section 10(a), but only with respect to information that is furnished by or on behalf of that Selling Holder expressly for use in a Sellers' Registration Statement or any prospectus (including any preliminary prospectus) forming a part thereof, or any amendment thereof or supplement thereto. If any action or proceeding is brought against USC INVATEC or any of its Related Parties in respect of which any of those Persons may seek indemnity from a Selling Holder pursuant to this Section 10(c), that Selling Holder will have the rights and duties given to USC, INVATEC and each of those Persons will have the rights and duties given to that Selling Holder and that Selling Holder's Related Parties, by Section 10(b). Each Selling Holder also will, to the extent permitted by applicable law permitslaw, indemnify and hold harmless the underwriters of the shares of Registrable Common offered by that Selling Holder on substantially the same basis on which USC INVATEC will indemnify and hold harmless those Persons pursuant to Section 10(a).

Appears in 1 contract

Samples: Registration Rights Agreement (Innovative Valve Technologies Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.