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 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 the Company to that Selling Holder in Section 11(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 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 11(c), that Selling Holder will have the rights and duties given to the 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 11(b). Each Selling Holder also will, to the extent applicable law permits, indemnify and hold harmless the underwriters of the shares of Registrable Shares offered by that Selling Holder on substantially the same basis on which the Company will indemnify and hold harmless those Persons pursuant to Section 11(a).

Appears in 1 contract

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

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Indemnification by Selling Holders. Each Selling Holder will, to the extent permitted by applicable law permitslaw, indemnify the Company 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 the Company IVT to that Selling Holder in Section 11(a10(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 the Company 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 11(c10(c), that Selling Holder will have the rights and duties given to the CompanyIVT, 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 11(b10(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 Shares Common offered by that Selling Holder on substantially the same basis on which the Company IVT will indemnify and hold harmless those Persons pursuant to Section 11(a10(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 the Company 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 the Company USC to that Selling Holder in Section 11(a10(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 the Company 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 11(c10(c), that Selling Holder will have the rights and duties given to the CompanyUSC, 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 11(b10(b). Each Selling Holder also will, to the extent applicable law permits, indemnify and hold harmless the underwriters of the shares of Registrable Shares Common offered by that Selling Holder on substantially the same basis on which the Company USC will indemnify and hold harmless those Persons pursuant to Section 11(a10(a).

Appears in 1 contract

Samples: Registration Rights Agreement (Us Concrete Inc)

Indemnification by Selling Holders. Each Selling Holder will, to the extent permitted by applicable law permitslaw, indemnify the Company 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 the Company INVATEC to that Selling Holder in Section 11(a10(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 the Company 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 11(c10(c), that Selling Holder will have the rights and duties given to the Company, INVATEC 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 11(b10(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 Shares Common offered by that Selling Holder on substantially the same basis on which the Company INVATEC will indemnify and hold harmless those Persons pursuant to Section 11(a10(a).

Appears in 1 contract

Samples: Registration Rights Agreement (Innovative Valve Technologies Inc)

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Indemnification by Selling Holders. Each Selling Holder will, to the extent applicable law permits, indemnify 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 the Company to that Selling Holder in Section 11(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 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 11(c), that Selling Holder will have the rights and duties given to the 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 11(b). Each Selling Holder also will, to the extent applicable law permits, indemnify and hold harmless the underwriters of the shares of Registrable Shares offered by that Selling Holder on substantially the same basis on which the Company will indemnify and hold harmless those Persons pursuant to Section 11(a).

Appears in 1 contract

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

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