Indemnification by the Investor. In consideration of the Company’s execution and delivery of this Agreement, and in addition to all of the Investor’s other obligations under this Agreement, the Investor shall defend, protect, indemnify and hold harmless the Company and all of its officers, directors, shareholders, employees and agents (including, without limitation, those retained in connection with the transactions contemplated by this Agreement) and each person who controls the Investor within the meaning of Section 15 of the Securities Act or Section 20 of the Exchange Act (collectively, the “Company Indemnitees”) from and against any and all Indemnified Liabilities incurred by the Company Indemnitees or any of them as a result of, or arising out of, or relating to (a) any untrue statement or alleged untrue statement of a material fact contained in the Registration Statement for the registration of the Shares as originally filed or in any amendment thereof, or in any related prospectus, or in any amendment thereof or supplement thereto, or arise out of or are based upon the omission or alleged omission to state therein a material fact required to be stated therein or necessary to make the statements therein not misleading; provided, however, that the Investor will only be liable for written information relating to the Investor furnished to the Company by or on behalf of the Investor specifically for inclusion in the documents referred to in the foregoing indemnity, and will not be liable in any such case to the extent that any such loss, claim, damage or liability arises out of or is based upon any such untrue statement or alleged untrue statement or omission or alleged omission made therein in reliance upon and in conformity with written information furnished to the Investor by or on behalf of the Company specifically for inclusion therein; (b) any misrepresentation or breach of any representation or warranty made by the Investor in this Agreement or any instrument or document contemplated hereby or thereby executed by the Investor; or (c) any breach of any covenant, agreement or obligation of the Investor contained in this Agreement or any other certificate, instrument or document contemplated hereby or thereby executed by the Investor. To the extent that the foregoing undertaking by the Investor may be unenforceable under Applicable Laws, the Investor shall make the maximum contribution to the payment and satisfaction of each of the Indemnified Liabilities, which is permissible under Applicable Laws.
Appears in 34 contracts
Samples: Standby Equity Purchase Agreement (Trump Media & Technology Group Corp.), Standby Equity Purchase Agreement (LeddarTech Holdings Inc.), Standby Equity Purchase Agreement (LeddarTech Holdings Inc.)
Indemnification by the Investor. In consideration of the Company’s execution and delivery of this Agreement, and in addition to all of the Investor’s other obligations under this Agreement, the Investor shall defend, protect, indemnify and hold harmless the Company and all of its officers, directors, shareholders, employees and agents (including, without limitation, those retained in connection with the transactions contemplated by this Agreement) and each person who controls the Investor within the meaning of Section 15 of the Securities Act or Section 20 of the Exchange Act (collectively, the “Company Indemnitees”) from and against any and all Indemnified Liabilities incurred by the Company Indemnitees or any of them as a result of, or arising out of, or relating to (a) any untrue statement or alleged untrue statement of a material fact contained in the Registration Statement for the registration of the Shares as originally filed or in any amendment thereof, or in any related prospectus, or in any amendment thereof or supplement thereto, or arise out of or are based upon the omission or alleged omission to state therein a material fact required to be stated therein or necessary to make the statements therein not misleading; provided, however, that the Investor will only be liable for written information relating to the Investor furnished to the Company by or on behalf of the Investor specifically for inclusion in the documents referred to in the foregoing indemnity, and will not be liable in any such case to the extent that any such loss, claim, damage or liability arises out of or is based upon any such untrue statement or alleged untrue statement or omission or alleged omission made therein in reliance upon and in conformity with written information furnished to the Investor by or on behalf of the Company specifically for inclusion therein; (b) any misrepresentation or breach of any representation or warranty made by the Investor in this Agreement or any instrument or document contemplated hereby or thereby executed by the Investor; or (c) any breach of any covenant, agreement or obligation of the Investor Investor(s) contained in this Agreement or any other certificate, instrument or document contemplated hereby or thereby executed by the Investor. To the extent that the foregoing undertaking by the Investor may be unenforceable under Applicable LawsLaw, the Investor shall make the maximum contribution to the payment and satisfaction of each of the Indemnified Liabilities, which is permissible under Applicable LawsLaw.
Appears in 28 contracts
Samples: Purchase Agreement (Scienture Holdings, Inc.), Purchase Agreement (Crown LNG Holdings LTD), Purchase Agreement (Incannex Healthcare Inc.)
Indemnification by the Investor. In consideration of the Company’s execution and delivery of this Agreement, and in addition to all of the Investor’s other obligations under this Agreement, the Investor shall defend, protect, indemnify and hold harmless the Company Company, its Subsidiaries and all of its and their officers, directors, shareholders, employees and agents (including, without limitation, those retained in connection with the transactions contemplated by this Agreement) and each person who controls the Investor Company within the meaning of Section 15 of the Securities Act or Section 20 of the Exchange Act (collectively, the “Company Indemnitees”) from and against any and all Indemnified Liabilities incurred by the Company Indemnitees or any of them as a result of, or arising out of, or relating to (a) any untrue statement or alleged untrue statement of a material fact contained in the Registration Statement for the registration of the Shares as originally filed or in any amendment thereof, or in any related prospectus, or in any amendment thereof or supplement thereto, or arise out of or are based upon the omission or alleged omission to state therein a material fact required to be stated therein or necessary to make the statements therein not misleading; provided, however, that the Investor will only be liable for written information relating to the Investor furnished to the Company by or on behalf of the Investor specifically for inclusion in the documents referred to in the foregoing indemnity, and will not be liable in any such case to the extent that any such loss, claim, damage or liability arises out of or is based upon any such untrue statement or alleged untrue statement or omission or alleged omission made therein in reliance upon and in conformity with written information furnished to the Investor by or on behalf of the Company specifically for inclusion therein; (b) any misrepresentation or breach of any representation or warranty made by the Investor in this Agreement or any instrument or document contemplated hereby or thereby executed by the Investor; or (c) any breach of any covenant, agreement or obligation of the Investor contained in this Agreement or any other certificate, instrument or document contemplated hereby or thereby executed by the Investor. To the extent that the foregoing undertaking by the Investor may be unenforceable under Applicable Laws, the Investor shall make the maximum contribution to the payment and satisfaction of each of the Indemnified Liabilities, which is permissible under Applicable Laws.
Appears in 21 contracts
Samples: Standby Equity Purchase Agreement (Coeptis Therapeutics Holdings, Inc.), Standby Equity Purchase Agreement (Inception Growth Acquisition LTD), Standby Equity Purchase Agreement (Prairie Operating Co.)
Indemnification by the Investor. In consideration of the Company’s execution and delivery of this Agreement, and in addition to all of the Investor’s other obligations under this Agreement, the Investor shall defend, protect, indemnify and hold harmless the Company and all of its officers, directors, shareholders, employees and agents (including, without limitation, those retained in connection with the transactions contemplated by this Agreement) and each person who controls the Investor within the meaning of Section 15 of the Securities Act or Section 20 of the Exchange Act (collectively, the “Company Indemnitees”) from and against any and all Indemnified Liabilities incurred by the Company Indemnitees or any of them as a result of, or arising out of, or relating to (a) any untrue statement or alleged untrue statement of a material fact contained in the Registration Statement for the registration of the Shares as originally filed or in any amendment thereof, or in any related prospectus, or in any amendment thereof or supplement thereto, or arise out of or are based upon the omission or alleged omission to state therein a material fact required to be stated therein or necessary to make the statements therein not misleading; provided, however, that the Investor will only be liable for written information relating to the Investor furnished to the Company by or on behalf of the Investor specifically for inclusion in the documents referred to in the foregoing indemnity, and will not be liable in any such case to the extent that any such loss, claim, damage or liability arises out of or is based upon any such untrue statement or alleged untrue statement or omission or alleged omission made therein in reliance upon and in conformity with written information furnished to the Investor by or on behalf of the Company specifically for inclusion therein; (b) any misrepresentation or breach of any representation or warranty made by the Investor in this Agreement or any instrument or document contemplated hereby or thereby executed by the Investor; or (c) any breach of any covenant, agreement or obligation of the Investor Investor(s) contained in this Agreement or any other certificate, instrument or document contemplated hereby or thereby executed by the Investor; or (d) any cause of action, suit or claim brought or made against such Company Indemnitee not arising out of any action or inaction of a Company Indemnitee and arising out of or resulting from the execution, delivery, performance or enforcement of this Agreement or any other instrument, document or agreement executed pursuant hereto by any of the Company Indemnitees. To the extent that the foregoing undertaking by the Investor may be unenforceable under Applicable Lawsfor any reason, the Investor shall make the maximum contribution to the payment and satisfaction of each of the Indemnified Liabilities, which is permissible under Applicable Lawsapplicable law.
Appears in 16 contracts
Samples: Standby Equity Distribution Agreement (The9 LTD), Standby Equity Distribution Agreement (The9 LTD), Standby Equity Distribution Agreement (CooTek(Cayman)Inc.)
Indemnification by the Investor. In consideration of the Company’s execution and delivery of this Agreement, and in addition to all of the Investor’s other obligations under this Agreement, the The Investor shall defend, protect, indemnify and hold harmless the Company and all Company, each of its directors and officers, directors, shareholders, employees and agents (including, without limitation, those retained in connection with the transactions contemplated by this Agreement) and each person person, if any, who controls the Investor Company within the meaning of Section 15 of the Securities Act or Section 20 20(a) of the Exchange Act (collectively, the “Company Indemnitees”) from and against any all losses, claims, damages, liabilities and expenses (including reasonable costs of defense and investigation and all Indemnified Liabilities incurred by attorneys fees) to which the Company Indemnitees and each such other person may become subject, under the Securities Act or any otherwise, insofar as such losses, claims, damages, liabilities and expenses (or actions in respect thereof) arise out of them as a result of, or arising out of, or relating to (a) are based upon any untrue statement or alleged untrue statement of a material fact contained in the Registration Statement for the registration of the Shares as originally filed Current Report or in any amendment thereof, Prospectus Supplement or in any related prospectusPermitted Free Writing Prospectus, or in any amendment thereof or supplement thereto, or arise out of or are based upon the any omission or alleged omission to state therein a material fact required to be stated therein or necessary to make the statements therein therein, in light of the circumstances under which they were made, not misleading; provided, howeverin each case, that to the extent, but only to the extent, the untrue statement, alleged untrue statement, omission or alleged omission was made in reliance upon, and in conformity with, written information furnished by the Investor will only be liable for written information relating to the Investor furnished to the Company by or on behalf of the Investor specifically expressly for inclusion in the documents referred Current Report or such Prospectus Supplement or Permitted Free Writing Prospectus, or any amendment thereof or supplement thereto. The Investor shall reimburse the Company and each such director, officer or controlling person promptly upon demand for all legal and other costs and expenses reasonably incurred by the Company or such indemnified persons in investigating, defending against, or preparing to in the foregoing indemnity, and will not be liable in defend against any such case to the extent that any such loss, claim, damage action, suit or liability arises out of or proceeding with respect to which it is based upon any such untrue statement or alleged untrue statement or omission or alleged omission made therein in reliance upon and in conformity with written information furnished entitled to the Investor by or on behalf of the Company specifically for inclusion therein; (b) any misrepresentation or breach of any representation or warranty made by the Investor in this Agreement or any instrument or document contemplated hereby or thereby executed by the Investor; or (c) any breach of any covenant, agreement or obligation of the Investor contained in this Agreement or any other certificate, instrument or document contemplated hereby or thereby executed by the Investor. To the extent that the foregoing undertaking by the Investor may be unenforceable under Applicable Laws, the Investor shall make the maximum contribution to the payment and satisfaction of each of the Indemnified Liabilities, which is permissible under Applicable Lawsindemnification.
Appears in 15 contracts
Samples: Common Stock Purchase Agreement (Poniard Pharmaceuticals, Inc.), Common Stock Purchase Agreement (Jones Soda Co), Common Stock Purchase Agreement (Alexza Pharmaceuticals Inc.)
Indemnification by the Investor. In consideration of the Company’s execution and delivery of this Agreement, and in addition The Investor agrees to all of the Investor’s other obligations under this Agreement, the Investor shall defend, protect, indemnify and hold harmless the Company and all of Company, its Affiliates, officers, directors, shareholdersemployees, employees counsel and agents (includingduly authorized agents, without limitation, those retained in connection with the transactions contemplated by this Agreement) and each person who controls the Investor within the meaning of Section 15 Controlling Persons of the Securities Act or Section 20 of the Exchange Act (collectivelyCompany, the “Company Indemnitees”) from and against any and all Indemnified Liabilities incurred by Damages, joint or several, and any action or proceeding in respect thereof to which the Company Indemnitees Investor, its partners, Affiliates, officers, directors, employees, counsel and duly authorized agents, and any such Controlling Person, may become subject under the Securities Act or any of them otherwise, as a result ofincurred, insofar as such Damages (or arising actions or proceedings in respect thereof) arise out of, or relating to (a) are based upon, any untrue statement or alleged untrue statement of a material fact contained in any Registration Statement, preliminary prospectus or prospectus relating to the Registration Statement for the registration of the Shares as originally filed Registrable Securities or in any amendment thereofarises out of, or in any related prospectus, or in any amendment thereof or supplement thereto, or arise out of or are based upon the upon, any omission or alleged omission to state therein a material fact required to be stated therein or necessary to make the statements therein not misleading; provided, however, that the Investor will only be liable for written information relating to the Investor furnished to the Company by or on behalf misleading in light of the Investor specifically for inclusion in the documents referred to in the foregoing indemnitycircumstances under which they were made, and will not be liable in any such case but only to the extent that any such lossuntrue statement, claim, damage or liability arises out of or is based upon any such untrue statement or alleged untrue statement or statement, omission or alleged omission is made therein in reliance upon and in conformity with written information furnished to the Investor by or on behalf of the Company specifically for inclusion therein; (b) any misrepresentation or breach of any representation or warranty made by the Investor which is specifically intended by the Investor for use in this Agreement the preparation of any such Registration Statement, preliminary prospectus or prospectus, and shall reimburse the Company, its partners, Affiliates, officers, directors, employees, counsel and duly authorized agents, and each such Controlling Person, for any instrument or document contemplated hereby or thereby executed legal and other expenses reasonably incurred by the Investor; or (c) any breach of any covenant, agreement or obligation of the Investor contained in this Agreement its partners, Affiliates, officers, directors, employees, counsel and duly authorized agents, or any other certificatesuch Controlling Person, instrument as incurred, in investigating or document contemplated hereby defending or thereby executed by the Investor. To the extent that the foregoing undertaking by the Investor may be unenforceable under Applicable Laws, the Investor shall make the maximum contribution preparing to the payment and satisfaction of each of the Indemnified Liabilities, which is permissible under Applicable Lawsdefend against any such Damages or actions or proceedings.
Appears in 11 contracts
Samples: Registration Rights Agreement (Majestic Companies LTD), Registration Rights Agreement (Tcpi Inc), Securities Purchase Agreement (Jagnotes Com)
Indemnification by the Investor. In consideration of (a) After the Company’s execution and delivery of this AgreementClosing, and in addition subject to all of the Investor’s other obligations under this AgreementSections 5.2(b), 5.3 and 5.4, the Investor shall defendindemnify, protect, indemnify defend and hold harmless to the fullest extent permitted by Law the Company and all of its respective Affiliates and their respective successors and assigns, officers, directors, shareholderspartners, employees members, employees, representatives and agents (including, without limitation, those retained in connection with the transactions contemplated by this Agreement) and each person who controls the Investor within the meaning of Section 15 of the Securities Act or Section 20 of the Exchange Act (collectively, the “Company IndemniteesIndemnified Parties”) from against and against from, and reimburse any and all Indemnified Liabilities incurred by of the Company Indemnitees Indemnified Parties for, all Losses that the Company Indemnified Parties may at any time suffer or any of them incur, or become subject to, as a result of, or arising out of, or relating to (a) any untrue statement or alleged untrue statement of a material fact contained in the Registration Statement for the registration of the Shares as originally filed or in any amendment thereof, or in any related prospectus, or in any amendment thereof or supplement thereto, or arise out of or are based upon connection with (1) the omission or alleged omission to state therein a material fact required to be stated therein or necessary to make the statements therein not misleading; provided, however, that the Investor will only be liable for written information relating to the Investor furnished to the Company by or on behalf of the Investor specifically for inclusion in the documents referred to in the foregoing indemnity, and will not be liable in any such case to the extent that any such loss, claim, damage or liability arises out of or is based upon any such untrue statement or alleged untrue statement or omission or alleged omission made therein in reliance upon and in conformity with written information furnished to the Investor by or on behalf of the Company specifically for inclusion therein; (b) any misrepresentation inaccuracy or breach of any representation or warranty made by the Investor in this Agreement or any instrument or document contemplated hereby or thereby executed by the Investor; certificate delivered pursuant hereto or (c2) any breach or failure by such Investor to perform any of any covenant, agreement its covenants or obligation of the Investor agreements contained in this Agreement or any other certificate, instrument or document contemplated hereby or thereby executed by Agreement.
(b) Notwithstanding anything to the Investor. To the extent that the foregoing undertaking by the Investor may be unenforceable under Applicable Lawscontrary contained herein, the Investor shall make not be required to indemnify, defend or hold harmless any of the maximum contribution Company Indemnified Parties against, or reimburse any of the Company Indemnified Parties for any Losses pursuant to Section 5.2(a)(1) until the aggregate amount of the Company Indemnified Parties’ Losses for which the Company Indemnified Parties are finally determined to be otherwise entitled to indemnification under Section 5.2(a) exceeds the Threshold Amount, upon the occurrence of which the Investor shall be obligated for all of the Company Indemnified Parties’ Losses for which the Company Indemnified Parties are finally determined to be otherwise entitled to indemnification under Section 5.2(a)(1). Notwithstanding anything to the payment and satisfaction contrary contained herein, the Investor shall not be required to indemnify, defend or hold harmless the Company Indemnified Parties against, or reimburse the Company Indemnified Parties for, any Losses pursuant to Section 5.2(a)(1) in a cumulative aggregate amount exceeding the Purchase Price paid by the Investor to the Company pursuant to Section 1.1 hereof.
(c) For purposes of each Section 5.2(a), in determining whether there has been a breach of a representation or warranty, the Indemnified Liabilities, which is permissible under Applicable LawsParties shall ignore any “materiality” or similar qualifications.
Appears in 9 contracts
Samples: Stock Purchase Agreement (Broadway Financial Corp \De\), Stock Purchase Agreement (Broadway Financial Corp \De\), Stock Purchase Agreement (Broadway Financial Corp \De\)
Indemnification by the Investor. In consideration of the Company’s execution and delivery of this Agreement, and in addition to all of the Investor’s other obligations under this Agreement, the The Investor shall defend, protect, indemnify and hold harmless the Company and all Company, each of its directors and officers, directors, shareholders, employees and agents (including, without limitation, those retained in connection with the transactions contemplated by this Agreement) and each person person, if any, who controls the Investor Company within the meaning of Section 15 of the Securities Act or Section 20 20(a) of the Exchange Act (collectively, the “Company Indemnitees”) from and against any all losses, claims, damages, liabilities and expenses (including reasonable costs of defense and investigation and all Indemnified Liabilities incurred attorneys fees) to which the Company and each such other person may become subject, under the Securities Act or otherwise, insofar as such losses, claims, damages, liabilities and expenses (or actions in respect thereof) arise out of or are based upon (i) any violation of law (including United States federal securities laws) in connection with the transactions contemplated by this Agreement by the Company Indemnitees Investor or any of them as a result ofits affiliates, officers, directors or employees, or arising out of, or relating to (aii) any untrue statement or alleged untrue statement of a material fact contained in the Registration Statement for the registration of the Shares as originally filed Current Report or in any amendment thereof, Prospectus Supplement or in any related prospectusPermitted Free Writing Prospectus, or in any amendment thereof or supplement thereto, or arise out of or are based upon the any omission or alleged omission to state therein a material fact required to be stated therein or necessary to make the statements therein therein, in light of the circumstances under which they were made, not misleading; provided, howeverin each case, that to the extent, but only to the extent, the untrue statement, alleged untrue statement, omission or alleged omission was made in reliance upon, and in conformity with, written information furnished by the Investor will only be liable for written information relating to the Investor furnished to the Company by or on behalf of the Investor specifically expressly for inclusion in the documents referred Current Report or such Prospectus Supplement or Permitted Free Writing Prospectus, or any amendment thereof or supplement thereto. The Investor shall reimburse the Company and each such director, officer or controlling person promptly upon demand for all legal and other costs and expenses reasonably incurred by the Company or such indemnified persons in investigating, defending against, or preparing to in the foregoing indemnity, and will not be liable in defend against any such case to the extent that any such loss, claim, damage action, suit or liability arises out of or proceeding with respect to which it is based upon any such untrue statement or alleged untrue statement or omission or alleged omission made therein in reliance upon and in conformity with written information furnished entitled to the Investor by or on behalf of the Company specifically for inclusion therein; (b) any misrepresentation or breach of any representation or warranty made by the Investor in this Agreement or any instrument or document contemplated hereby or thereby executed by the Investor; or (c) any breach of any covenant, agreement or obligation of the Investor contained in this Agreement or any other certificate, instrument or document contemplated hereby or thereby executed by the Investor. To the extent that the foregoing undertaking by the Investor may be unenforceable under Applicable Laws, the Investor shall make the maximum contribution to the payment and satisfaction of each of the Indemnified Liabilities, which is permissible under Applicable Lawsindemnification.
Appears in 8 contracts
Samples: Common Stock Purchase Agreement (Syntroleum Corp), Common Stock Purchase Agreement (Encysive Pharmaceuticals Inc), Common Stock Purchase Agreement (Dendreon Corp)
Indemnification by the Investor. In consideration of (a) After the Company’s execution and delivery of this AgreementClosing, and in addition subject to all of the Investor’s other obligations under this AgreementSections 5.2(b), 5.3 and 5.4, the Investor shall defendindemnify, protect, indemnify defend and hold harmless to the Company fullest extent permitted by Law the Company, the Placement Agent and all of its their respective Affiliates and their respective successors and assigns, officers, directors, shareholderspartners, members and employees and agents (including, without limitation, those retained in connection with the transactions contemplated by this Agreement) and each person who controls the Investor within the meaning of Section 15 of the Securities Act or Section 20 of the Exchange Act (collectively, the “Company IndemniteesIndemnified Parties”) from against, and against reimburse any and all Indemnified Liabilities incurred by of the Company Indemnitees Indemnified Parties for, all Losses that the Company Indemnified Parties may at any time suffer or any of them incur, or become subject to, as a result of, or arising out of, or relating to (a) any untrue statement or alleged untrue statement of a material fact contained in the Registration Statement for the registration of the Shares as originally filed or in any amendment thereof, or in any related prospectus, or in any amendment thereof or supplement thereto, or arise out of or are based upon connection with (1) the omission or alleged omission to state therein a material fact required to be stated therein or necessary to make the statements therein not misleading; provided, however, that the Investor will only be liable for written information relating to the Investor furnished to the Company by or on behalf of the Investor specifically for inclusion in the documents referred to in the foregoing indemnity, and will not be liable in any such case to the extent that any such loss, claim, damage or liability arises out of or is based upon any such untrue statement or alleged untrue statement or omission or alleged omission made therein in reliance upon and in conformity with written information furnished to the Investor by or on behalf of the Company specifically for inclusion therein; (b) any misrepresentation inaccuracy or breach of any representation or warranty made by the Investor in this Agreement or any instrument or document contemplated hereby or thereby executed by the Investor; certificate delivered pursuant hereto or (c2) any breach or failure by such Investor to perform any of any covenant, agreement its covenants or obligation of the Investor agreements contained in this Agreement or any other certificate, instrument or document contemplated hereby or thereby executed by Agreement.
(b) Notwithstanding anything to the Investor. To the extent that the foregoing undertaking by the Investor may be unenforceable under Applicable Lawscontrary contained herein, the Investor shall make not be required to indemnify, defend or hold harmless any of the maximum contribution Company Indemnified Parties against, or reimburse any of the Company Indemnified Parties for any Losses pursuant to Section 5.2(a)(1) (other than Losses arising out of the inaccuracy or breach of any Investor Specified Representations) until the aggregate amount of the Company Indemnified Parties’ Losses for which the Company Indemnified Parties are finally determined to be otherwise entitled to indemnification under Section 5.2(a) exceeds the Deductible, after which the Investor shall be obligated for all of the Company Indemnified Parties’ Losses for which the Company Indemnified Parties are finally determined to be otherwise entitled to indemnification under Section 5.2(a)(1) that are in excess of such Deductible. Notwithstanding anything to the payment and satisfaction of each contrary contained herein, the Investor shall not be required to indemnify, defend or hold harmless the Company Indemnified Parties against, or reimburse the Company Indemnified Parties for, any Losses pursuant to Section 5.2(a)(1) in a cumulative aggregate amount exceeding the aggregate purchase paid by the Investor to the Company pursuant to Section 1.1 hereof (other than Losses arising out of the Indemnified Liabilitiesinaccuracy or breach of any of the Investor Specified Representations).
(c) For purposes of Section 5.2(a), which is permissible under Applicable Lawsin determining whether there has been a breach of a representation or warranty, the parties hereto shall ignore any “materiality” or similar qualifications.
Appears in 7 contracts
Samples: Subscription Agreement (Broadway Financial Corp \De\), Subscription Agreement (Broadway Financial Corp \De\), Subscription Agreement (Broadway Financial Corp \De\)
Indemnification by the Investor. In consideration of the Company’s execution and delivery of this Agreement, and in addition to all of the Investor’s other obligations under this Agreement, the The Investor shall defend, protect, indemnify and hold harmless the Company and all Company, each of its officers, directors, shareholdersofficers, employees and agents (includingAffiliates, without limitation, those retained in connection with the transactions contemplated by this Agreement) and each person Person, if any, who controls the Investor Company within the meaning of Section 15 of the Securities Act or Section 20 20(a) of the Exchange Act (collectively, the “Company Indemnitees”) from and against any all losses, claims, damages, liabilities and expenses (including reasonable costs of defense and investigation and all Indemnified Liabilities incurred by reasonable attorneys’ fees) to which the Company Indemnitees and each such other Person may become subject, under the Securities Act or any otherwise, insofar as such losses, claims, damages, liabilities and expenses arise out of them as a result of, or arising out of, or relating to (a) are based upon any untrue statement or alleged untrue statement of a material fact contained in the Current Report, the Registration Statement for the registration of the Shares as originally filed or in any amendment thereof, Prospectus Supplement or in any related prospectusPermitted Free Writing Prospectus, or in any amendment thereof or supplement thereto, or arise out of or are based upon the any omission or alleged omission to state therein a material fact required to be stated therein or necessary to make the statements therein therein, in light of the circumstances under which they were made, not misleading; provided, howeverin each case, that to the extent, but only to the extent, the untrue statement, alleged untrue statement, omission or alleged omission was made in reliance upon, and in conformity with, written information furnished by the Investor will only be liable for written information relating to the Investor furnished to the Company by or on behalf of the Investor specifically expressly for inclusion in the documents referred Current Report, the Registration Statement or such Prospectus Supplement or Permitted Free Writing Prospectus, or any amendment thereof or supplement thereto. The Investor shall reimburse the Company and each such director, officer or controlling Person promptly upon demand for all legal and other costs and expenses reasonably incurred by the Company or such indemnified Persons in investigating, defending against, or preparing to in the foregoing indemnity, and will not be liable in defend against any such case to the extent that any such loss, claim, damage action, suit or liability arises out of or proceeding with respect to which it is based upon any such untrue statement or alleged untrue statement or omission or alleged omission made therein in reliance upon and in conformity with written information furnished entitled to the Investor by or on behalf of the Company specifically for inclusion therein; (b) any misrepresentation or breach of any representation or warranty made by the Investor in this Agreement or any instrument or document contemplated hereby or thereby executed by the Investor; or (c) any breach of any covenant, agreement or obligation of the Investor contained in this Agreement or any other certificate, instrument or document contemplated hereby or thereby executed by the Investor. To the extent that the foregoing undertaking by the Investor may be unenforceable under Applicable Laws, the Investor shall make the maximum contribution to the payment and satisfaction of each of the Indemnified Liabilities, which is permissible under Applicable Lawsindemnification.
Appears in 7 contracts
Samples: Common Stock Purchase Agreement (Spectaire Holdings Inc.), Common Stock Purchase Agreement (Professional Diversity Network, Inc.), Common Stock Purchase Agreement (Arcimoto Inc)
Indemnification by the Investor. In consideration of the Company’s execution and delivery of this Agreement, and in addition to all of the Investor’s other obligations under this Agreement, the The Investor shall defend, protect, indemnify and hold harmless the Company and all Company, each of its directors and officers, directors, shareholders, employees and agents (including, without limitation, those retained in connection with the transactions contemplated by this Agreement) and each person person, if any, who controls the Investor Company within the meaning of Section 15 of the Securities Act or Section 20 20(a) of the Exchange Act (collectively, the “Company Indemnitees”) from and against any all losses, claims, damages, liabilities and expenses (including reasonable costs of defense and investigation and all Indemnified Liabilities incurred by attorneys fees) to which the Company Indemnitees and each such other person may become subject, under the Securities Act or any otherwise, insofar as such losses, claims, damages, liabilities and expenses (or actions in respect thereof) arise out of them as a result of, or arising out of, or relating to (a) are based upon any untrue statement or alleged untrue statement of a material fact contained in the Registration Statement for the registration of the Shares as originally filed Current Report or in any amendment thereof, Prospectus Supplement or in any related prospectusPermitted Free Writing Prospectus, or in any amendment thereof or supplement thereto, or arise out of or are based upon the any omission or alleged omission to state therein a material fact required to be stated therein or necessary to make the statements therein therein, in light of the circumstances under which they were made, not misleading; provided, howeverin each case, that to the extent, but only to the extent, the untrue statement, alleged untrue statement, omission or alleged omission was made in reliance upon, and in conformity with, written information furnished by the Investor will only be liable for written information relating to the Investor furnished to the Company by or on behalf of the Investor specifically expressly for inclusion in the documents referred to in the foregoing indemnityCurrent Report or such Prospectus Supplement or Permitted Free Writing Prospectus, and will not be liable in any such case to the extent that any such loss, claim, damage or liability arises out of or is based upon any such untrue statement or alleged untrue statement or omission or alleged omission made therein in reliance upon and in conformity with written information furnished to the Investor by or on behalf of the Company specifically for inclusion therein; (b) any misrepresentation or breach of any representation or warranty made by the Investor in this Agreement or any instrument amendment thereof or document contemplated hereby or thereby executed by the Investor; or (c) any breach of any covenant, agreement or obligation of the Investor contained in this Agreement or any other certificate, instrument or document contemplated hereby or thereby executed by the Investorsupplement thereto. To the extent that the foregoing undertaking by the Investor may be unenforceable under Applicable LawsSubject to Section 8.2, the Investor shall make reimburse the maximum contribution Company and each such director, officer or controlling person promptly upon demand for all legal and other costs and expenses reasonably incurred by the Company or such indemnified persons in investigating, defending against, or preparing to the payment and satisfaction of each of the Indemnified Liabilitiesdefend against any such claim, action, suit or proceeding with respect to which it is permissible under Applicable Lawsentitled to indemnification.
Appears in 6 contracts
Samples: Common Stock Purchase Agreement (Arena Pharmaceuticals Inc), Common Stock Purchase Agreement (Omeros Corp), Common Stock Purchase Agreement (Synta Pharmaceuticals Corp)
Indemnification by the Investor. In consideration of the Company’s execution and delivery of this Agreement, and in addition to all of the Investor’s other obligations under this Agreement, the Investor shall defend, protect, indemnify and hold harmless the Company and all of its officers, directors, shareholders, employees and agents (including, without limitation, those retained in connection with the transactions contemplated by this Agreement) and each person who controls the Investor Company within the meaning of Section 15 of the Securities Act or Section 20 of the Exchange Act (collectively, the “Company Indemnitees”) from and against any and all Indemnified Liabilities incurred by the Company Indemnitees or any of them as a result of, or arising out of, or relating to (a) any untrue statement or alleged untrue statement of a material fact contained in the Registration Statement for the registration of the Advance Shares as originally filed or in any amendment thereof, or in any related prospectus, or in any amendment thereof or supplement thereto, or arise out of or are based upon the omission or alleged omission to state therein a material fact required to be stated therein or necessary to make the statements therein not misleading; provided, however, that the Investor will only be liable for written information relating to the Investor furnished to the Company by or on behalf of the Investor specifically for inclusion in the documents referred to in the foregoing indemnity, and will not be liable in any such case to the extent that any such loss, claim, damage or liability arises out of or is based upon any such untrue statement or alleged untrue statement or omission or alleged omission made therein in reliance upon and in conformity with written information furnished to the Investor by or on behalf of the Company specifically for inclusion therein; (b) any misrepresentation or breach of any representation or warranty made by the Investor in this Agreement or any instrument or document contemplated hereby or thereby executed by the Investor; or (c) any breach of any covenant, agreement or obligation of the Investor contained in this Agreement or any other certificate, instrument or document contemplated hereby or thereby executed by the Investor. To the extent that the foregoing undertaking by the Investor may be unenforceable under Applicable Laws, the Investor shall make the maximum contribution to the payment and satisfaction of each of the Indemnified Liabilities, which is permissible under Applicable Laws.
Appears in 6 contracts
Samples: Standby Equity Subscription Agreement (Antelope Enterprise Holdings LTD), Standby Equity Subscription Agreement (Antelope Enterprise Holdings LTD), Standby Equity Subscription Agreement (Antelope Enterprise Holdings LTD)
Indemnification by the Investor. In consideration of the Company’s execution and delivery of this Agreement, and in addition to all of the Investor’s other obligations under this Agreement, the Investor shall defend, protect, indemnify and hold harmless the Company and all of its officers, directors, shareholders, employees and agents (including, without limitation, those retained in connection with the transactions contemplated by this Agreement) and each person who controls the Investor Company within the meaning of Section 15 of the Securities Act or Section 20 of the Exchange Act (collectively, the “Company Indemnitees”) from and against any and all Indemnified Liabilities incurred by the Company Indemnitees or any of them as a result of, or arising out of, or relating to (a) any untrue statement or alleged untrue statement of a material fact contained in the Registration Statement for the registration of the Shares as originally filed or in any amendment thereof, or in any related prospectus, or in any amendment thereof or supplement thereto, or arise out of or are based upon the omission or alleged omission to state therein a material fact required to be stated therein or necessary to make the statements therein not misleading; provided, however, that the Investor will only be liable for written information relating to the Investor furnished to the Company by or on behalf of the Investor specifically for inclusion in the documents referred to in the foregoing indemnity, and will not be liable in any such case to the extent that any such loss, claim, damage or liability arises out of or is based upon any such untrue statement or alleged untrue statement or omission or alleged omission made therein in reliance upon and in conformity with written information furnished to the Investor by or on behalf of the Company specifically for inclusion therein; (b) any misrepresentation or breach of any representation or warranty made by the Investor in this Agreement or any instrument or document contemplated hereby or thereby executed by the Investor; or (c) any breach of any covenant, agreement or obligation of the Investor contained in this Agreement or any other certificate, instrument or document contemplated hereby or thereby executed by the Investor. To the extent that the foregoing undertaking by the Investor may be unenforceable under Applicable Laws, the Investor shall make the maximum contribution to the payment and satisfaction of each of the Indemnified Liabilities, which is permissible under Applicable Laws.
Appears in 6 contracts
Samples: Standby Equity Purchase Agreement (NeuroSense Therapeutics Ltd.), Standby Equity Purchase Agreement (Galmed Pharmaceuticals Ltd.), Standby Equity Purchase Agreement (Applied Digital Corp.)
Indemnification by the Investor. In consideration of the Company’s execution and delivery The Investor shall, notwithstanding any termination of this Agreement, and in addition to all of the Investor’s other obligations under this Agreement, the Investor shall defend, protect, indemnify and hold harmless the Company and all of Company, its officers, directors, shareholderspartners, members, agents and employees and agents (includingof each of them, without limitation, those retained in connection with the transactions contemplated by this Agreement) and each person Person who controls the Investor Company (within the meaning of Section 15 of the Securities Act or and Section 20 of the Exchange Act (collectivelyAct), and the “Company Indemnitees”) officers, directors, partners, members, agents and employees of each such controlling Person, to the fullest extent permitted by Applicable Law, from and against any and all Indemnified Liabilities incurred by the Company Indemnitees or any of them as a result of, or Losses arising out of, or relating to (a) of any untrue statement or alleged untrue statement of a material fact contained in the any Registration Statement for the registration Statement, any Prospectus or any form of the Shares as originally filed Company prospectus or in any amendment thereof, or supplement thereto or in any related Company preliminary prospectus, or in any amendment thereof or supplement thereto, or arise arising out of or are based upon the relating to any omission or alleged omission to state therein 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; provided, howeverin each case, on the effective date thereof, but only to the extent that the Investor will only be liable for written such untrue statement or omission is based solely upon information relating to regarding the Investor furnished to the Company by or on behalf of the Investor specifically in writing expressly for inclusion in the documents referred to in the foregoing indemnityuse therein, and will not be liable in any such case or to the extent that any such loss, claim, damage or liability arises out of or is based upon any such untrue statement or alleged untrue statement or omission or alleged omission made therein in reliance upon and in conformity with written information furnished solely relates to the Investor by or on behalf the Investor’s proposed method of the Company specifically for inclusion therein; (b) any misrepresentation or breach distribution of any representation or warranty made Registrable Securities and was provided by the Investor for use in this Agreement such Registration Statement, such Prospectus or such form of Prospectus or in any instrument amendment or document contemplated hereby or thereby executed by supplement thereto. In no event shall the Investor; or (c) any breach of any covenant, agreement or obligation liability of the Investor contained under this Article VI be greater in this Agreement or any other certificate, instrument or document contemplated hereby or thereby executed by amount than the Investor. To dollar amount of the extent that the foregoing undertaking net proceeds received by the Investor may be unenforceable under Applicable Laws, upon the Investor shall make the maximum contribution to the payment and satisfaction of each sale of the Indemnified Liabilities, which is permissible under Applicable LawsRegistrable Securities giving rise to such indemnification obligation.
Appears in 6 contracts
Samples: Securities Purchase Agreement (Energous Corp), Securities Purchase Agreement (Dialog Semiconductor PLC), Securities Purchase Agreement (Dialog Semiconductor PLC)
Indemnification by the Investor. In consideration of the Company’s execution and delivery of this Agreement, and in addition to all of the Investor’s other obligations under this Agreement, the The Investor shall defend, protect, indemnify and hold harmless the Company and all Company, each of its officers, directors, shareholdersofficers, employees and agents (includingAffiliates, without limitation, those retained in connection with the transactions contemplated by this Agreement) and each person Person, if any, who controls the Investor Company within the meaning of Section 15 of the Securities Act or Section 20 20(a) of the Exchange Act (collectively, the “Company Indemnitees”) from and against any all losses, claims, damages, liabilities and expenses (including reasonable costs of defense and investigation and all Indemnified Liabilities incurred by reasonable attorneys fees) to which the Company Indemnitees and each such other Person may become subject, under the Securities Act or any otherwise, insofar as such losses, claims, damages, liabilities and expenses arise out of them as a result of, or arising out of, or relating to (a) are based upon any untrue statement or alleged untrue statement of a material fact contained in the Current Report, the Registration Statement for the registration of the Shares as originally filed or in any amendment thereof, Prospectus Supplement or in any related prospectusPermitted Free Writing Prospectus, or in any amendment thereof or supplement thereto, or arise out of or are based upon the any omission or alleged omission to state therein a material fact required to be stated therein or necessary to make the statements therein therein, in light of the circumstances under which they were made, not misleading; provided, howeverin each case, that to the extent, but only to the extent, the untrue statement, alleged untrue statement, omission or alleged omission was made in reliance upon, and in conformity with, written information furnished by the Investor will only be liable for written information relating to the Investor furnished to the Company by or on behalf of the Investor specifically expressly for inclusion in the documents referred Current Report, the Registration Statement or such Prospectus Supplement or Permitted Free Writing Prospectus, or any amendment thereof or supplement thereto. The Investor shall reimburse the Company and each such director, officer or controlling Person promptly upon demand for all legal and other costs and expenses reasonably incurred by the Company or such indemnified Persons in investigating, defending against, or preparing to in the foregoing indemnity, and will not be liable in defend against any such case to the extent that any such loss, claim, damage action, suit or liability arises out of or proceeding with respect to which it is based upon any such untrue statement or alleged untrue statement or omission or alleged omission made therein in reliance upon and in conformity with written information furnished entitled to the Investor by or on behalf of the Company specifically for inclusion therein; (b) any misrepresentation or breach of any representation or warranty made by the Investor in this Agreement or any instrument or document contemplated hereby or thereby executed by the Investor; or (c) any breach of any covenant, agreement or obligation of the Investor contained in this Agreement or any other certificate, instrument or document contemplated hereby or thereby executed by the Investor. To the extent that the foregoing undertaking by the Investor may be unenforceable under Applicable Laws, the Investor shall make the maximum contribution to the payment and satisfaction of each of the Indemnified Liabilities, which is permissible under Applicable Lawsindemnification.
Appears in 5 contracts
Samples: Common Stock Purchase Agreement (Globalstar, Inc.), Common Stock Purchase Agreement (EnteroMedics Inc), Common Stock Purchase Agreement (Trius Therapeutics Inc)
Indemnification by the Investor. In consideration of (a) After the Company’s execution and delivery of this AgreementClosing, and in addition subject to all of the Investor’s other obligations under this AgreementSections 5.3 and 5.4, the Investor shall defendindemnify, protect, indemnify defend and hold harmless to the fullest extent permitted by Law the Company and all of its Affiliates and their successors and assigns, officers, directors, shareholderspartners, members and employees (the “Company Indemnified Parties”) against, and agents (includingreimburse any of the Company Indemnified Parties for, without limitationall Losses that the Company Indemnified Parties may at any time suffer or incur, those retained or become subject to, as a result of or in connection with (1) the transactions contemplated by this Agreement) and each person who controls the Investor within the meaning of Section 15 of the Securities Act or Section 20 of the Exchange Act (collectively, the “Company Indemnitees”) from and against any and all Indemnified Liabilities incurred by the Company Indemnitees or any of them as a result of, or arising out of, or relating to (a) any untrue statement or alleged untrue statement of a material fact contained in the Registration Statement for the registration of the Shares as originally filed or in any amendment thereof, or in any related prospectus, or in any amendment thereof or supplement thereto, or arise out of or are based upon the omission or alleged omission to state therein a material fact required to be stated therein or necessary to make the statements therein not misleading; provided, however, that the Investor will only be liable for written information relating to the Investor furnished to the Company by or on behalf of the Investor specifically for inclusion in the documents referred to in the foregoing indemnity, and will not be liable in any such case to the extent that any such loss, claim, damage or liability arises out of or is based upon any such untrue statement or alleged untrue statement or omission or alleged omission made therein in reliance upon and in conformity with written information furnished to the Investor by or on behalf of the Company specifically for inclusion therein; (b) any misrepresentation inaccuracy or breach of any representation or warranty made by the Investor in this Agreement or any instrument or document contemplated hereby or thereby executed by the Investor; certificate delivered pursuant hereto or (c2) any breach or failure by such Investor to perform any of any covenant, agreement its covenants or obligation of the Investor agreements contained in this Agreement or any other certificate, instrument or document contemplated hereby or thereby executed by Agreement.
(b) Notwithstanding anything to the Investor. To the extent that the foregoing undertaking by the Investor may be unenforceable under Applicable Lawscontrary contained herein, the Investor shall make not be required to indemnify, defend or hold harmless any of the maximum contribution Company Indemnified Parties against, or reimburse any of the Company Indemnified Parties for any Losses pursuant to Section 5.2(a)(1) (other than Losses arising out of the inaccuracy or breach of any Investor Specified Representations) (i) with respect to any claim (or series of related claims arising from the same underlying facts, events or circumstances) unless such claim (or series of related claims arising from the same underlying facts, events or circumstances) involves Losses in excess of the De Minimis Amount (nor shall any such claim or series of related claims that do not meet the De Minimis Amount be applied to or considered for purposes of calculating the aggregate amount of the Losses by any of the Company Indemnified Parties for which the Investor has responsibility under clause (ii) of this Section 5.2(b)); and (ii) until the aggregate amount of the Company Indemnified Parties’ Losses for which the Company Indemnified Parties are finally determined to be otherwise entitled to indemnification under Section 5.2(a) exceeds the Deductible, after which the Investor shall be obligated for all of the Company Indemnified Parties’ Losses for which the Company Indemnified Parties are finally determined to be otherwise entitled to indemnification under Section 5.2(a)(1) that are in excess of such Deductible. Notwithstanding anything to the payment and satisfaction of each contrary contained herein, the Investor shall not be required to indemnify, defend or hold harmless the Company Indemnified Parties against, or reimburse the Company Indemnified Parties for, any Losses pursuant to Section 5.2(a)(1) in a cumulative aggregate amount exceeding the aggregate purchase paid by the Investor to the Company pursuant to Section 1.1 hereof (other than Losses arising out of the Indemnified Liabilitiesinaccuracy or breach of any of the Investor Specified Representations).
(c) For purposes of Section 5.2(a), which is permissible under Applicable Lawsin determining whether there has been a breach of a representation or warranty, the parties hereto shall ignore any “materiality” or similar qualifications.
Appears in 5 contracts
Samples: Investment Agreement (Central Pacific Financial Corp), Investment Agreement (Central Pacific Financial Corp), Investment Agreement (Anchorage Capital Group, L.L.C.)
Indemnification by the Investor. In consideration of the Company’s execution and delivery of this Agreement, and in addition to all of the Investor’s other obligations under this Agreement, the The Investor shall defend, protect, indemnify and hold harmless the Company and all Company, each of its directors and officers, directors, shareholders, employees and agents (including, without limitation, those retained in connection with the transactions contemplated by this Agreement) and each person person, if any, who controls the Investor Company within the meaning of Section 15 of the Securities Act or Section 20 20(a) of the Exchange Act (collectively, the “Company Indemnitees”) from and against any all losses, claims, damages, liabilities and expenses (including reasonable costs of defense and investigation and all Indemnified Liabilities incurred attorneys fees) to which the Company and each such other person may become subject, under the Securities Act or otherwise, insofar as such losses, claims, damages, liabilities and expenses (or actions in respect thereof) arise out of or are based upon (i) any violation of law (including United States federal securities laws) in connection with the transactions contemplated by this Agreement by the Company Indemnitees Investor or any of them as a result ofits affiliates, officers, directors or arising out ofemployees, or relating to (aii) any untrue statement or alleged untrue statement of a material fact contained in the Registration Statement for the registration of the Shares as originally filed Current Report or in any amendment thereof, Prospectus Supplement or in any related prospectusPermitted Free Writing Prospectus, or in any amendment thereof or supplement thereto, or arise out of or are based upon the any omission or alleged omission to state therein a material fact required to be stated therein or necessary to make the statements therein therein, in light of the circumstances under which they were made, not misleading, in each case, to the extent, but only to the extent, the untrue statement, alleged untrue statement, omission or alleged omission was made in reliance upon, and in conformity with, written information furnished by the Investor to the Company expressly for inclusion in the Current Report or such Prospectus Supplement or Permitted Free Writing Prospectus, or any amendment thereof or supplement thereto, or (iii) any untrue statement or alleged untrue statement contained in the NASD Filing, or any amendment thereof or supplement thereto, or any omission or alleged omission to state therein a fact necessary in order to comply with Rule 2710 of the NASD’s Conduct Rules; provided, however, that the Investor will only be liable foregoing indemnity for written information relating to the Investor furnished to the Company by statements or on behalf of the Investor specifically for inclusion in the documents omissions referred to in the foregoing indemnity, and will clause (iii) above shall not be liable in apply to any such case to the extent that any such loss, claim, damage damage, liability or liability arises expense to the extent, but only to the extent, arising out of or is based upon any such untrue statement or alleged untrue statement or omission or alleged omission made therein in reliance upon and in conformity with written information furnished to the Investor by or on behalf of the Company specifically expressly for inclusion therein; (b) use in the NASD Filing, or any misrepresentation amendment thereof or breach of any representation supplement thereto. The Investor shall reimburse the Company and each such director, officer or warranty made controlling person promptly upon demand for all legal and other costs and expenses reasonably incurred by the Investor Company or such indemnified persons in this Agreement investigating, defending against, or preparing to defend against any instrument such claim, action, suit or document contemplated hereby or thereby executed by the Investor; or (c) any breach of any covenant, agreement or obligation of the Investor contained in this Agreement or any other certificate, instrument or document contemplated hereby or thereby executed by the Investor. To the extent that the foregoing undertaking by the Investor may be unenforceable under Applicable Laws, the Investor shall make the maximum contribution proceeding with respect to the payment and satisfaction of each of the Indemnified Liabilities, which it is permissible under Applicable Lawsentitled to indemnification.
Appears in 5 contracts
Samples: Common Stock Purchase Agreement (Acusphere Inc), Common Stock Purchase Agreement (Pharmacyclics Inc), Common Stock Purchase Agreement (Depomed Inc)
Indemnification by the Investor. In consideration of the Company’s execution and delivery of this Agreement, and in addition to all of the Investor’s other obligations under this Agreement, the Investor shall defend, protect, indemnify and hold harmless the Company and all of its officers, directors, shareholdersstockholders, employees and agents (including, without limitation, those retained in connection with the transactions contemplated by this Agreement) and each person who controls the Investor Company within the meaning of Section 15 of the Securities Act or Section 20 of the Exchange Act (collectively, the “Company Indemnitees”) from and against any and all Indemnified Liabilities incurred by the Company Indemnitees or any of them as a result of, or arising out of, or relating to (a) any untrue statement or alleged untrue statement of a material fact contained in the Registration Statement for the registration of the Shares as originally filed or in any amendment thereof, or in any related prospectus, or in any amendment thereof or supplement thereto, or arise out of or are based upon the omission or alleged omission to state therein a material fact required to be stated therein or necessary to make the statements therein not misleading; provided, however, that the Investor will only be liable for written information relating to the Investor furnished to the Company by or on behalf of the Investor specifically for inclusion in the documents referred to in the foregoing indemnity, and will not be liable in any such case to the extent that any such loss, claim, damage or liability arises out of or is based upon any such untrue statement or alleged untrue statement or omission or alleged omission made therein in reliance upon and in conformity with written information furnished to the Investor by or on behalf of the Company specifically for inclusion therein; (b) any misrepresentation or breach of any representation or warranty made by the Investor in this Agreement or any instrument or document contemplated hereby or thereby executed by the Investor; or (c) any breach of any covenant, agreement or obligation of the Investor contained in this Agreement or any other certificate, instrument or document contemplated hereby or thereby executed by the Investor. To the extent that the foregoing undertaking by the Investor may be unenforceable under Applicable Laws, the Investor shall make the maximum contribution to the payment and satisfaction of each of the Indemnified Liabilities, which is permissible under Applicable Laws.
Appears in 5 contracts
Samples: Standby Equity Purchase Agreement (Nukkleus Inc.), Standby Equity Purchase Agreement (Armlogi Holding Corp.), Standby Equity Purchase Agreement (Atlantic Coastal Acquisition Corp. II)
Indemnification by the Investor. In consideration of the Company’s execution and delivery of this Agreement, and in addition to all of the Investor’s other obligations under this Agreement, the Investor shall defend, protect, indemnify and hold harmless the Company and all of its officers, directors, shareholdersstockholders, employees and agents (including, without limitation, those retained in connection with the transactions contemplated by this Agreement) and each person who controls the Investor within the meaning of Section 15 of the Securities Act or Section 20 of the Exchange Act (collectively, the “Company Indemnitees”) from and against any and all Indemnified Liabilities incurred by the Company Indemnitees or any of them as a result of, or arising out of, or relating to (a) any untrue statement or alleged untrue statement of a material fact contained in the Registration Statement for the registration of the Shares as originally filed or in any amendment thereof, or in any related prospectus, or in any amendment thereof or supplement thereto, or arise out of or are based upon the omission or alleged omission to state therein a material fact required to be stated therein or necessary to make the statements therein not misleading; provided, however, that the Investor will only be liable for written information relating to the Investor furnished to the Company by or on behalf of the Investor specifically for inclusion in the documents referred to in the foregoing indemnity, and will not be liable in any such case to the extent that any such loss, claim, damage or liability arises out of or is based upon any such untrue statement or alleged untrue statement or omission or alleged omission made therein in reliance upon and in conformity with written information furnished to the Investor by or on behalf of the Company specifically for inclusion therein; (b) any misrepresentation or breach of any representation or warranty made by the Investor in this Agreement or any instrument or document contemplated hereby or thereby executed by the Investor; or (c) any breach of any covenant, agreement or obligation of the Investor contained in this Agreement or any other certificate, instrument or document contemplated hereby or thereby executed by the Investor. To the extent that the foregoing undertaking by the Investor may be unenforceable under Applicable Laws, the Investor shall make the maximum contribution to the payment and satisfaction of each of the Indemnified Liabilities, which is permissible under Applicable Laws.
Appears in 4 contracts
Samples: Standby Equity Purchase Agreement (TriSalus Life Sciences, Inc.), Pre Paid Advance Agreement (Lightning eMotors, Inc.), Pre Paid Advance Agreement (Nutex Health, Inc.)
Indemnification by the Investor. In consideration of the Company’s execution and delivery of this Agreement, and in addition to all of the Investor’s other obligations under this Agreement, the Investor shall defend, protect, indemnify and hold harmless the Company and all of its officers, directors, shareholders, employees and agents (including, without limitation, those retained in connection with the transactions contemplated by this Agreement) and each person who controls the Investor Company within the meaning of Section 15 of the Securities Act or Section 20 of the Exchange Act (collectively, the “Company Indemnitees”) from and against any and all Indemnified Liabilities incurred by the Company Indemnitees or any of them as a result of, or arising out of, or relating to (a) any untrue statement or alleged untrue statement of a material fact contained in the Registration Statement for the registration of the Shares as originally filed or in any amendment thereof, or in any related prospectus, or in any amendment thereof or supplement thereto, or arise out of or are based upon the omission or alleged omission to state therein a material fact required to be stated therein or necessary to make the statements therein not misleading; provided, however, that the Investor will only be liable for written information relating to the Investor furnished to the Company by or on behalf of the Investor specifically for inclusion in the documents referred to in the foregoing indemnity, and will not be liable in any such case to the extent that any such loss, claim, damage or liability arises out of or is based upon any such untrue statement or alleged untrue statement or omission or alleged omission made therein in reliance upon and in conformity with written information furnished to the Investor by or on behalf of the Company specifically for inclusion therein; (b) any material misrepresentation or breach of any material representation or material warranty made by the Investor in this Agreement or any instrument or document contemplated hereby or thereby executed by the Investor; or (c) any material breach of any material covenant, agreement or obligation of the Investor contained in this Agreement or any other certificate, instrument or document contemplated hereby or thereby executed by the Investor. To the extent that the foregoing undertaking by the Investor may be unenforceable under Applicable Laws, the Investor shall make the maximum contribution to the payment and satisfaction of each of the Indemnified Liabilities, which is permissible under Applicable Laws.
Appears in 4 contracts
Samples: Prepaid Advance Agreement (Canoo Inc.), Pre Paid Advance Agreement (Canoo Inc.), Pre Paid Advance Agreement (Reborn Coffee, Inc.)
Indemnification by the Investor. In consideration of the Company’s execution The Investor hereby indemnifies and delivery of this Agreementholds harmless, and the Company may require, as a condition to including any Registrable Securities in addition any registration statement filed in accordance with this Article VI, that the Company shall have received an undertaking reasonably satisfactory to all of the Investor’s other obligations under this Agreement, the Investor shall defend, protect, it from any underwriter to indemnify and hold harmless harmless, the Company and all other prospective sellers of its officerssecurities, directorsthe directors of the Company, shareholders, employees and agents (including, without limitation, those retained in connection with each officer of the transactions contemplated by this Agreement) Company who signed the Registration Statement and each person Person, if any, who controls the Investor Company and all other prospective sellers of Registrable Securities within the meaning of Section 15 of the Securities Act or Section 20 of the Exchange Act (collectivelyto the same extent as the indemnity set forth in Section 6.6 above, the “Company Indemnitees”) from and against but only with respect to any and all Indemnified Liabilities incurred by the Company Indemnitees losses, claims, damages or any of them as a result of, or arising liabilities that arise out of, or relating to (a) are based upon, any untrue statement or alleged untrue statement of a material fact contained in the Registration Statement for the registration of the Shares as originally filed or in any amendment thereof, or in any related prospectus, or in any amendment thereof or supplement thereto, or arise out of or are based upon the omission or alleged omission to state therein a material fact required to be stated therein or necessary to make the statements therein not misleading; provided, however, that the Investor will only be liable for written information relating to the Investor furnished to the Company by or on behalf of the Investor specifically for inclusion in the documents referred to in the foregoing indemnity, and will not be liable in any such case to the extent that any such loss, claim, damage or liability arises out of or is based upon any such untrue statement or alleged untrue statement or omission or alleged omission made therein in reliance upon and in conformity with written information furnished to the Company by and in respect of the Investor or any underwriter specifically for use in the preparation of such registration statement, prospectus, any free writing prospectus or any “issuer information” filed or required to be filed pursuant to Rule 433(d) under the Securities Act in respect of the Registrable Securities, or amendment or supplement thereto. Such indemnity shall remain in full force and effect regardless of any investigation made by or on behalf of the Company specifically for inclusion therein; (b) Company, the Investor or any misrepresentation underwriter, or breach any of their respective affiliates, directors, officers or controlling Persons and shall survive the transfer of such securities by such Person. In no event shall any representation or warranty made such indemnification liability of the Investor be greater in amount than the dollar amount of the proceeds received by the Investor in this Agreement or any instrument or document contemplated hereby or thereby executed by upon the Investor; or (c) any breach of any covenant, agreement or obligation sale of the Investor contained in this Agreement or any other certificate, instrument or document contemplated hereby or thereby executed by the Investor. To the extent that the foregoing undertaking by the Investor may be unenforceable under Applicable Laws, the Investor shall make the maximum contribution Registrable Securities giving rise to the payment and satisfaction of each of the Indemnified Liabilities, which is permissible under Applicable Lawssuch indemnification obligation.
Appears in 4 contracts
Samples: Stock Purchase Agreement (China Investment Corp), Stockholder Agreement (China Investment Corp), Stockholder Agreement (Aes Corp)
Indemnification by the Investor. In consideration of the Company’s execution and delivery of this Agreement, and in addition to all of the Investor’s other obligations under this Agreement, the Investor shall defend, protect, indemnify and hold harmless the Company Company, its Subsidiaries and all of its and their officers, directors, shareholdersstockholders, employees and agents (including, without limitation, those retained in connection with the transactions contemplated by this Agreement) and each person who controls the Investor Company within the meaning of Section 15 of the Securities Act or Section 20 of the Exchange Act (collectively, the “Company Indemnitees”) from and against any and all Indemnified Liabilities incurred by the Company Indemnitees or any of them as a result of, or arising out of, or relating to (a) any untrue statement or alleged untrue statement of a material fact contained in the Registration Statement for the registration of the Shares as originally filed or in any amendment thereof, or in any related prospectus, or in any amendment thereof or supplement thereto, or arise out of or are based upon the omission or alleged omission to state therein a material fact required to be stated therein or necessary to make the statements therein not misleading; provided, however, that the Investor will only be liable for written information relating to the Investor furnished to the Company by or on behalf of the Investor specifically for inclusion in the documents referred to in the foregoing indemnity, and will not be liable in any such case to the extent that any such loss, claim, damage or liability arises out of or is based upon any such untrue statement or alleged untrue statement or omission or alleged omission made therein in reliance upon and in conformity with written information furnished to the Investor by or on behalf of the Company specifically for inclusion therein; (b) any misrepresentation or breach of any representation or warranty made by the Investor in this Agreement or any instrument or document contemplated hereby or thereby executed by the Investor; or (c) any breach of any covenant, agreement or obligation of the Investor contained in this Agreement or any other certificate, instrument or document contemplated hereby or thereby executed by the Investor. To the extent that the foregoing undertaking by the Investor may be unenforceable under Applicable Laws, the Investor shall make the maximum contribution to the payment and satisfaction of each of the Indemnified Liabilities, which is permissible under Applicable Laws.
Appears in 4 contracts
Samples: Equity Purchase Facility Agreement (New Era Helium Inc.), Standby Equity Purchase Agreement (Spectral AI, Inc.), Standby Equity Purchase Agreement (Celularity Inc)
Indemnification by the Investor. In consideration of the Company’s execution and delivery of this AgreementEach Investor agrees, and in addition severally but not jointly, to all of the Investor’s other obligations under this Agreement, the Investor shall defend, protect, indemnify and hold harmless harmless, to the Company and all of fullest extent permitted by law, the Company, its directors, officers, directorsemployees, shareholders, employees and agents (including, without limitation, those retained in connection with the transactions contemplated by this Agreement) shareholders and each person who controls the Investor Company (within the meaning of Section 15 of the Securities Act or Section 20 of the Exchange Act (collectively, the “Company Indemnitees”0000 Xxx) from and against any losses, claims, damages, liabilities and all Indemnified Liabilities incurred by the Company Indemnitees or expenses (including reasonable attorneys’ fees) resulting from any of them as a result of, or arising out of, or relating to (a) any untrue statement or alleged untrue statement of a material fact contained in the Registration Statement for the registration or any omission of the Shares as originally filed or in any amendment thereof, or in any related prospectus, or in any amendment thereof or supplement thereto, or arise out of or are based upon the omission or alleged omission to state therein a material fact required to be stated therein in the Registration Statement or Prospectus or preliminary prospectus or amendment or supplement thereto or necessary to make the statements therein not misleading; provided, however, that the Investor will only be liable for written information relating to the Investor furnished to the Company by or on behalf of the Investor specifically for inclusion in the documents referred to in the foregoing indemnity, and will not be liable in any such case to the extent that any such loss, claim, damage or liability arises out of or is based upon any such untrue statement or alleged omission is contained in any information furnished by the Investor to the Company for inclusion in such Registration Statement or Prospectus or amendment or supplement thereto, or to the extent that such information relates to such Investor’s proposed method of distribution of Registrable Securities and was reviewed and approved by the Investor for use in the Registration Statement, such Prospectus or such form of Prospectus or in any amendment or supplement thereto, or in the case of an occurrence of an Allowed Delay or an event of the type specified in Section 3(g), the use by the Investor of an outdated or defective Prospectus after the Company has notified the Investor in writing that the Prospectus is outdated or defective and prior to the receipt by the Investor of an amended or supplemented Prospectus, but only if and to the extent that following the receipt of the amended or supplemented Prospectus the misstatement or omission giving rise to such liability would have been corrected. In no event shall the liability of the Investor be greater in amount than the dollar amount of the proceeds (net of any damages the Investor has otherwise been required to pay by reason of such untrue statement or omission or alleged omission made therein in reliance upon and in conformity with written information furnished to by the Investor by or on behalf of the Company specifically for inclusion therein; (bCompany) any misrepresentation or breach of any representation or warranty made received by the Investor in this Agreement or any instrument or document contemplated hereby or thereby executed by upon the Investor; or (c) any breach of any covenant, agreement or obligation sale of the Investor contained Registrable Securities included in this Agreement or any other certificate, instrument or document contemplated hereby or thereby executed by the Investor. To the extent that the foregoing undertaking by the Investor may be unenforceable under Applicable Laws, the Investor shall make the maximum contribution Registration Statement giving rise to the payment and satisfaction of each of the Indemnified Liabilities, which is permissible under Applicable Lawssuch indemnification obligation.
Appears in 4 contracts
Samples: Merger Agreement (Fuse Medical, Inc.), Merger Agreement (Golf Rounds Com Inc), Registration Rights Agreement (Golf Rounds Com Inc)
Indemnification by the Investor. In consideration of the Company’s execution and delivery of this Agreement, and in addition to all of the Investor’s other obligations under this Agreement, the The Investor shall defend, protect, indemnify and hold harmless the Company and all Company, each of its directors and officers, directors, shareholders, employees and agents (including, without limitation, those retained in connection with the transactions contemplated by this Agreement) and each person person, if any, who controls the Investor Company within the meaning of Section 15 of the Securities Act or Section 20 20(a) of the Exchange Act (collectively, the “Company Indemnitees”) from and against any all losses, claims, damages, liabilities and expenses (including reasonable costs of defense and investigation and all Indemnified Liabilities incurred attorneys fees) to which the Company and each such other person may become subject, under the Securities Act or otherwise, insofar as such losses, claims, damages, liabilities and expenses (or actions in respect thereof) arise out of or are based upon (i) any violation of law (including United States federal securities laws) in connection with the transactions contemplated by this Agreement by the Company Indemnitees Investor or any of them as a result ofits affiliates, officers, directors or employees, or arising out of, or relating to (aii) any untrue statement or alleged untrue statement of a material fact contained in the Registration Statement for the registration of the Shares as originally filed Current Report or in any amendment thereof, Prospectus Supplement or in any related prospectus, or in any amendment thereof or supplement thereto, or arise out of or are based upon the omission or alleged omission to state therein a material fact required to be stated therein or necessary to make the statements therein therein, in light of the circumstances under which they were made, not misleading; provided, howeverin each case, that to the extent, but only to the extent, the untrue statement, alleged untrue statement, omission or alleged omission was made in reliance upon, and in conformity with, written information furnished by the Investor will only be liable for written information relating to the Investor furnished to the Company by or on behalf of the Investor specifically expressly for inclusion in the documents referred Current Report or such Prospectus Supplement. The Investor shall reimburse the Company and each such director, officer or controlling person promptly upon demand for all legal and other costs and expenses reasonably incurred by the Company or such indemnified persons in investigating, defending against, or preparing to in the foregoing indemnity, and will not be liable in defend against any such case to the extent that any such loss, claim, damage action, suit or liability arises out of or proceeding with respect to which it is based upon any such untrue statement or alleged untrue statement or omission or alleged omission made therein in reliance upon and in conformity with written information furnished entitled to the Investor by or on behalf of the Company specifically for inclusion therein; (b) any misrepresentation or breach of any representation or warranty made by the Investor in this Agreement or any instrument or document contemplated hereby or thereby executed by the Investor; or (c) any breach of any covenant, agreement or obligation of the Investor contained in this Agreement or any other certificate, instrument or document contemplated hereby or thereby executed by the Investor. To the extent that the foregoing undertaking by the Investor may be unenforceable under Applicable Laws, the Investor shall make the maximum contribution to the payment and satisfaction of each of the Indemnified Liabilities, which is permissible under Applicable Lawsindemnification.
Appears in 3 contracts
Samples: Common Stock Purchase Agreement (Nanogen Inc), Common Stock Purchase Agreement (Isis Pharmaceuticals Inc), Common Stock Purchase Agreement (Cv Therapeutics Inc)
Indemnification by the Investor. In consideration of connection with any registration statement in which an Investor is participating, each such Investor will, to the Company’s execution and delivery of this Agreement, and in addition to all of the Investor’s other obligations under this Agreement, the Investor shall defend, protect, fullest extent permitted by law will indemnify and hold harmless the Company and all of its officers, directors, shareholders, employees directors and agents (including, without limitation, those retained in connection with the transactions contemplated by this Agreement) officers and each person Person who controls the Investor Company (within the meaning of Section 15 of the Securities Act or Section 20 of the Exchange Act (collectively, the “Company Indemnitees”Act) from and against any and all Indemnified Liabilities incurred by the Company Indemnitees or any of them as a result of, or arising out of, or relating to (a) Damages resulting from any untrue statement or alleged untrue statement of a material fact contained in the Registration Statement for the registration of the Shares as originally filed or in any amendment thereofstatement, or in any related prospectus, or in any preliminary prospectus or any amendment thereof or supplement thereto, thereto or arise out of or are based upon the any omission or alleged omission to state therein of a material fact required to be stated therein or necessary to make the statements therein in light of the circumstances under which they were made not misleading; provided, however, that the Investor will but only be liable for written information relating to the Investor furnished to the Company by or on behalf of the Investor specifically for inclusion in the documents referred to in the foregoing indemnity, and will not be liable in any such case to the extent that any such loss, claim, damage or liability arises out of or is based upon any such untrue statement or alleged untrue statement or omission or alleged omission is contained in any information or affidavit so furnished in writing by such Investor or any Investor Affiliate specifically for inclusion in the registration statement; provided, however, that the obligation to indemnify will be several, not joint and several, among such Investors of Registrable Securities, and the liability of each such Investor of Registrable Securities will be in proportion to, and provided, further, that such liability will be limited to, the net amount received by such seller from the sale of Registrable Securities pursuant to such registration statement; provided, that such Investor shall not be liable in any such case to the extent that prior to the filing of any such registration statement or prospectus or amendment thereof or supplement thereto, such Investor has furnished in writing to the Company information expressly for use in such registration statement or prospectus or any amendment thereof or supplement thereto which corrected or made therein in reliance upon and in conformity with written not misleading information previously furnished to the Investor by or on behalf of the Company specifically for inclusion therein; (b) any misrepresentation or breach of any representation or warranty made by the Investor in this Agreement or any instrument or document contemplated hereby or thereby executed by the Investor; or (c) any breach of any covenant, agreement or obligation of the Investor contained in this Agreement or any other certificate, instrument or document contemplated hereby or thereby executed by the Investor. To the extent that the foregoing undertaking by the Investor may be unenforceable under Applicable Laws, the Investor shall make the maximum contribution to the payment and satisfaction of each of the Indemnified Liabilities, which is permissible under Applicable LawsCompany.
Appears in 3 contracts
Samples: Registration Rights and Transfer Restriction Agreement (Level 3 Communications Inc), Registration Rights and Transfer Restriction Agreement (Level 3 Communications Inc), Registration Rights and Transfer Restriction Agreement (Leucadia National Corp)
Indemnification by the Investor. In consideration of the Company’s execution and delivery of this Agreement, and in addition The Investor agrees to all of the Investor’s other obligations under this Agreement, the Investor shall defend, protect, indemnify and hold harmless the Company and all each of its officersAffiliates, directors, shareholdersemployees, employees members, managers and agents (including, without limitation, those retained in connection with the transactions contemplated by this Agreement) and each person Person who controls the Investor Company within the meaning of Section 15 of either the Securities Act or Section 20 of the Exchange Act (collectivelyAct, to the “Company Indemnitees”) fullest extent permitted by applicable Law, from and against any and all Indemnified Liabilities incurred by the Company Indemnitees Losses to which they or any of them may become subject insofar as a result of, such Losses arise out of or arising out of, or relating to (a) are based upon any untrue statement or alleged untrue statement of a material fact contained in the a Registration Statement for the registration of the Shares as originally filed or in any amendment thereof, or in the Disclosure Package or any related prospectusInvestor Free Writing Prospectus, preliminary, final or summary Prospectus included in any such Registration Statement, or in any amendment thereof or supplement thereto, or arise out of or are based upon the omission or alleged omission to state therein a material fact required to be stated therein or necessary to make the statements therein not misleading; provided, howeverto the extent, but only to the extent, that the Investor will only be liable for any such untrue statement or alleged untrue statement or omission or alleged omission is contained in any written information relating to the Investor furnished to the Company by or on behalf of the Investor specifically for inclusion therein; provided, however, that the total amount to be indemnified by the Investor pursuant to this Section 3(f)(ii) shall be limited to the net proceeds (after deducting underwriters’ discounts and commissions) received by the Investor in the documents referred offering to in which such Registration Statement or Prospectus relates; provided further that the foregoing indemnity, and will Investor shall not be liable in any such case to the extent that prior to the filing of any such lossRegistration Statement or Disclosure Package, claimor any amendment thereof or supplement thereto, damage or liability arises out of or is based upon any such untrue statement or alleged untrue statement or omission or alleged omission made therein it has furnished in reliance upon and in conformity with written information furnished writing to the Investor by Company, information expressly for use in, and within a reasonable period of time prior to the effectiveness of such Registration Statement or on behalf of the Company specifically for inclusion therein; (b) any misrepresentation or breach of any representation or warranty made by the Investor in this Agreement Disclosure Package, or any instrument amendment thereof or document contemplated hereby supplement thereto which corrected or thereby executed by made not misleading information previously provided to the Investor; or (c) Company. This indemnity agreement will be in addition to any breach of any covenant, agreement or obligation of the Investor contained in this Agreement or any other certificate, instrument or document contemplated hereby or thereby executed by the Investor. To the extent that the foregoing undertaking by liability which the Investor may be unenforceable under Applicable Laws, the Investor shall make the maximum contribution to the payment and satisfaction of each of the Indemnified Liabilities, which is permissible under Applicable Lawsotherwise have.
Appears in 3 contracts
Samples: Investor Rights Agreement (Avaya Holdings Corp.), Investment Agreement (RingCentral, Inc.), Investment Agreement (Avaya Holdings Corp.)
Indemnification by the Investor. In consideration of the Company’s execution and delivery of this Agreement, and in addition to all of the Investor’s other obligations under this Agreement, the Investor shall defend, protect, indemnify and hold harmless the Company and all of its officers, directors, shareholders, employees and agents (including, without limitation, those retained in connection with the transactions contemplated by this Agreement) and each person who controls the Investor Company within the meaning of Section 15 of the Securities Act or Section 20 of the Exchange Act (collectively, the “Company Indemnitees”) from and against any and all Indemnified Liabilities incurred by the Company Indemnitees or any of them as a result of, or arising out of, or relating to (a) any untrue statement or alleged untrue statement of a material fact contained in the Registration Statement for the registration of the Shares as originally filed or in any amendment thereof, or in any related prospectus, or in any amendment thereof or supplement thereto, or arise out of or are based upon the omission or alleged omission to state therein a material fact required to be stated therein or necessary to make the statements therein not misleading; provided, however, that the Investor will only be liable for written information relating to the Investor furnished to the Company by or on behalf of the Investor specifically for inclusion in the documents referred to in the foregoing indemnity, and will not be liable in any such case to the extent that any such loss, claim, damage or liability arises out of or is based upon any such untrue statement or alleged untrue statement or omission or alleged omission made therein in reliance upon and in conformity with written information furnished to the Investor by or on behalf of the Company specifically for inclusion therein; (b) any misrepresentation or breach of any representation or warranty made by the Investor in this Agreement or any instrument or document contemplated hereby or thereby executed by the Investor; or (c) any breach of any covenant, agreement or obligation of the Investor contained in this Agreement or any other certificate, instrument or document contemplated hereby or thereby executed by the Investor. To the extent that the foregoing undertaking by the Investor may be unenforceable under Applicable Laws, the Investor shall make the maximum contribution to the payment and satisfaction of each of the Indemnified Liabilities, which is permissible under Applicable Laws.
Appears in 3 contracts
Samples: Standby Equity Purchase Agreement (REZOLVE AI LTD), Standby Equity Purchase Agreement (Armada Acquisition Corp. I), Standby Equity Purchase Agreement (Armada Acquisition Corp. I)
Indemnification by the Investor. In consideration of the Company’s execution and delivery of this AgreementThe Investor agrees, and in addition severally but not jointly, to all of the Investor’s other obligations under this Agreement, the Investor shall defend, protect, indemnify and hold harmless harmless, to the Company and all of fullest extent permitted by Applicable Laws, the Company, its directors, officers, directorsemployees, shareholders, employees and agents (including, without limitation, those retained in connection with the transactions contemplated by this Agreement) shareholders and each person who controls the Investor Company (within the meaning of Section 15 of the Securities Act or Section 20 of the Exchange Act (collectively, the “Company Indemnitees”Act) from and against any losses, claims, damages, liabilities and all Indemnified Liabilities incurred by the Company Indemnitees or any of them as a result of, or arising out of, or relating to expense (aincluding reasonable attorney fees) resulting from (i) any untrue statement or alleged untrue statement of a material fact contained or any omission or alleged omission of a material fact required to be stated in the Registration Statement for or Prospectus or preliminary Prospectus or amendment or supplement thereto or necessary to make the registration statements therein (in the case of the Shares as originally filed any Prospectus or in any amendment thereof, or in any related prospectus, or in any amendment thereof form of prospectus or supplement thereto, or arise out in light of or are based upon the circumstances under which they were made) not misleading; (ii) the omission or alleged omission to state therein in a Blue Sky Application a material fact required to be stated therein or necessary to make the statements therein not misleading; provided, however, that or (iii) any violation by the Investor will only be liable for written information relating or its agents of any rule or regulation promulgated under the Securities Act applicable to the Investor furnished or its agents and relating to the Company by action or on behalf inaction required of the Investor specifically for inclusion in under this Agreement, to the documents referred to in the foregoing indemnityextent, and will not be liable in any such case but only to the extent that any such loss, claim, damage or liability arises out of or is based upon any such untrue statement or alleged untrue statement or omission or alleged omission made therein is contained in reliance upon and in conformity with written any information furnished to in writing by the Investor by or on behalf of to the Company specifically for inclusion therein; in such Registration Statement or Prospectus or amendment or supplement thereto. In no event shall the liability of the Investor be greater in amount than the dollar amount of the proceeds (b) any misrepresentation or breach net of any representation or warranty made all expense paid by the Investor in connection with any claim relating to this Agreement or any instrument or document contemplated hereby or thereby executed by Section 2.7 and the Investor; or (c) any breach amount of any covenant, agreement or obligation of damages the Investor contained in this Agreement has otherwise been required to pay by reason of such untrue statement or any other certificate, instrument or document contemplated hereby or thereby executed by the Investor. To the extent that the foregoing undertaking omission) received by the Investor may be unenforceable under Applicable Laws, upon the Investor shall make the maximum contribution to the payment and satisfaction of each sale of the Indemnified Liabilities, which is permissible under Applicable LawsRegistrable Securities included in the Registration Statement giving rise to such indemnification obligation.
Appears in 3 contracts
Samples: Registration Rights Agreement (Uxin LTD), Registration Rights Agreement (Dai Kun), Registration Rights Agreement (Joy Capital Opportunity, L.P.)
Indemnification by the Investor. In consideration of the Company’s execution and delivery of this Agreement, and in addition to all of the Investor’s other obligations under this Agreement, the Investor shall defend, protect, indemnify and hold harmless the Company and all of its officers, directors, shareholders, employees and agents (including, without limitation, those retained in connection with the transactions contemplated by this Agreement) and each person who controls the Investor within the meaning of Section 15 of the Securities Act or Section 20 of the Exchange Act (collectively, the “Company Indemnitees”) from and against any and all Indemnified Liabilities incurred by the Company Indemnitees or any of them as a result of, or arising out of, or relating to (a) any untrue statement or alleged untrue statement of a material fact contained in the Registration Statement for the registration of the Shares as originally filed or in any amendment thereof, or in any related prospectus, or in any amendment thereof or supplement thereto, or arise arising out of or are based upon the omission or alleged omission to state therein a material fact required to be stated therein or necessary to make the statements therein not misleading; provided, however, that the Investor will only be liable for written information relating to the Investor furnished to the Company by or on behalf of the Investor specifically for inclusion in the documents referred to in the foregoing indemnity, and will not be liable in any such case to the extent that any such loss, claim, damage or liability arises out of or is based upon any such untrue statement or alleged untrue statement or omission or alleged omission made therein in reliance upon and in conformity with written information furnished to the Investor by or on behalf of the Company specifically for inclusion therein; (b) any misrepresentation or breach of any representation or warranty made by the Investor in this Agreement or any instrument or document contemplated hereby or thereby executed by the Investor; or (c) any breach of any covenant, agreement or obligation of the Investor Investor(s) contained in this Agreement or any other certificate, instrument or document contemplated hereby or thereby executed by the Investor; or (d) any cause of action, suit or claim brought or made against such Company Indemnitee not arising out of any action or inaction of a Company Indemnitee and arising out of or resulting from the execution, delivery, performance or enforcement of this Agreement or any other instrument, document or agreement executed pursuant hereto by any of the Company Indemnitees. To the extent that the foregoing undertaking by the Investor may be unenforceable under Applicable Lawsfor any reason, the Investor shall make the maximum contribution to the payment and satisfaction of each of the Indemnified Liabilities, which is permissible under Applicable Lawsapplicable law.
Appears in 3 contracts
Samples: Investment Agreement (Pitooey!, Inc.), Standby Equity Distribution Agreement (American Power Corp.), Standby Equity Distribution Agreement (American Power Corp.)
Indemnification by the Investor. In consideration of the Company’s execution and delivery of this Agreement, and in addition to all of the Investor’s other obligations under this Agreement, the Investor shall defend, protect, indemnify and hold harmless the Company and all of its officers, directors, shareholders, employees and agents (including, without limitation, those retained in connection with the transactions contemplated by this Agreement) and each person who controls the Investor within the meaning of Section 15 of the Securities Act or Section 20 of the Exchange Act (collectively, the “Company Indemnitees”) from and against any and all Indemnified Liabilities incurred by the Company Indemnitees or any of them as a result of, or arising out of, or relating to (a) any untrue statement or alleged untrue statement of a material fact contained in the Registration Statement for the registration of the Shares as originally filed or in any amendment thereof, or in any related prospectus, or in any amendment thereof or supplement thereto, or arise out of or are based upon the omission or alleged omission to state therein a material fact required to be stated therein or necessary to make the statements therein not misleading; provided, however, that the Investor will only be liable for written information relating to the Investor furnished to the Company by or on behalf of the Investor specifically for inclusion in the documents referred to in the foregoing indemnity, and will not be liable in any such case to the extent that any such loss, claim, damage or liability arises out of or is based upon any such untrue statement or alleged untrue statement or omission or alleged omission made therein in reliance upon and in conformity with written information furnished to the Investor by or on behalf of the Company specifically for inclusion therein; (b) any misrepresentation or breach of any representation or warranty made by the Investor in this Agreement or any instrument or document contemplated hereby or thereby executed by the Investor; or (c) any breach of any covenant, agreement or obligation of the Investor Investor(s) contained in this Agreement or any other certificate, instrument or document contemplated hereby or thereby executed by the Investor. To the extent that the foregoing undertaking by the Investor may be unenforceable under Applicable LawsLaw, the Investor shall make the maximum contribution to the payment and satisfaction of each of the Indemnified Liabilities, which is permissible under Applicable LawsLaw.
Appears in 3 contracts
Samples: Standby Equity Purchase Agreement (Helbiz, Inc.), Standby Equity Purchase Agreement (Helbiz, Inc.), Standby Equity Purchase Agreement (Helbiz, Inc.)
Indemnification by the Investor. In consideration of the Company’s execution and delivery of this AgreementThe Investor will indemnify, and in addition to all of the Investor’s other obligations under this Agreement, the Investor shall defend, protect, indemnify defend and hold harmless the Company and all Company, each of its officers, directors, shareholders, employees and agents (including, without limitation, those retained in connection with each of its officers who sign the transactions contemplated by this Agreement) Registration Statement and each person person, if any, who controls the Investor Company within the meaning of Section 15 of the Securities Act or Section 20 of the Exchange Act (collectivelyAct, the “Company Indemnitees”) from and against any and all Indemnified Liabilities incurred by Losses to which the Company Indemnitees or any Company, each of them as a result ofits directors, or arising out of, or relating to (a) any untrue statement or alleged untrue statement each of a material fact contained in its officers who sign the Registration Statement for or such controlling person may become subject, as incurred, under the registration of Securities Act, the Shares as originally filed or in any amendment thereofExchange Act, or in any related prospectus, other federal or in any amendment thereof state statutory law or supplement thereto, or regulation insofar as such Losses arise out of or are based upon (i) any failure on the omission part of the Investor to comply with the covenants and agreements contained in Sections 3.5 or alleged 5.3 of this Agreement respecting the sale of the Registrable Securities or (ii) the inaccuracy of any representation or warranty made by the Investor in this Agreement or (iii) any untrue statement of any material fact contained in the Registration Statement, the Prospectus, or any amendment or supplement to the Registration Statement or Prospectus, or the omission to state therein a material fact required to be stated therein or necessary to make the statements therein not misleading; provided, however, that the Investor will only be liable for written information relating to the Investor furnished to the Company by or on behalf of the Investor specifically for inclusion in the documents referred to in the foregoing indemnity, and will not be liable in any such each case to the extent extent, but only to the extent, that any such loss, claim, damage or liability arises out of or is based upon any such untrue statement or alleged untrue statement omission was made in the Registration Statement, the Prospectus, or omission any amendment or alleged omission made therein supplement thereto, in reliance upon and in conformity with written information furnished to the Investor Company by or on behalf of the Company specifically Investor expressly for inclusion use therein; (b) any misrepresentation or breach of any representation or warranty made by provided, however, that the Investor shall not be liable for any such untrue statement or omission of which the Investor has delivered to the Company in this Agreement or any instrument or document contemplated hereby or thereby executed by writing a correction at least two business days before the Investor; or (c) any breach of any covenant, agreement or obligation occurrence of the Investor contained in transaction from which such loss was incurred. Notwithstanding the provisions of this Agreement or any other certificate, instrument or document contemplated hereby or thereby executed by the Investor. To the extent that the foregoing undertaking by the Investor may be unenforceable under Applicable LawsSection 5.4, the Investor shall make the maximum contribution to the payment and satisfaction of each not be liable for any indemnification obligation under this Agreement in excess of the Indemnified Liabilitiesamount of net proceeds received by the Investor from the sale of the Registrable Securities, which is permissible under Applicable Lawsunless such obligation has resulted from the gross negligence or willful misconduct of the Investor.
Appears in 3 contracts
Samples: Stock Purchase Agreement (Inverness Medical Innovations Inc), Stock Purchase Agreement (Inverness Medical Innovations Inc), Stock Purchase Agreement (Inverness Medical Innovations Inc)
Indemnification by the Investor. In consideration of the Company’s execution and delivery of this Agreement, and in addition to all of the Investor’s other obligations under this Agreement, the Investor shall defend, protect, indemnify and hold harmless the Company and all of its officers, directors, shareholders, employees and agents (including, without limitation, those retained in connection with the transactions contemplated by this Agreement) and each person who controls the Investor within the meaning of Section 15 of the Securities Act or Section 20 of the Exchange Act (collectively, the “Company Indemnitees”) from and against any and all Indemnified Liabilities incurred by the Company Indemnitees or any of them as a result of, or arising out of, or relating to (a) any untrue statement or alleged untrue statement of a material fact contained in the Registration Statement for the registration of the Shares as originally filed or in any amendment thereof, or in any related prospectus, or in any amendment thereof or supplement thereto, or arise out of or are based upon the omission or alleged omission to state therein a material fact required to be stated therein or necessary to make the statements therein not misleading; provided, however, that the Investor will only be liable for written information relating to the Investor furnished to the Company by or on behalf of the Investor specifically for inclusion in the documents referred to in the foregoing indemnity, and will not be liable in any such case to the extent that any such loss, claim, damage or liability arises out of or is based upon any such untrue statement or alleged untrue statement or omission or alleged omission made therein in reliance upon and in conformity with written information furnished to the Investor by or on behalf of the Company specifically for inclusion therein; (b) any misrepresentation or breach of any representation or warranty made by the Investor in this Agreement or any instrument or document contemplated hereby or thereby executed by the Investor; or (c) any breach of any covenant, agreement or obligation of the Investor Investor(s) contained in this Agreement or any other certificate, instrument or document contemplated hereby or thereby executed by the Investor. To the extent that the foregoing undertaking by the Investor may be unenforceable under Applicable Lawsfor any reason, the Investor shall make the maximum contribution to the payment and satisfaction of each of the Indemnified Liabilities, which is permissible under Applicable Lawsapplicable law.
Appears in 3 contracts
Samples: Standby Equity Distribution Agreement (Oxygen Therapy, Inc.), Standby Equity Distribution Agreement (PV Nano Cell, Ltd.), Standby Equity Distribution Agreement (GlassesOff Inc.)
Indemnification by the Investor. In consideration of the Company’s execution The Investor hereby indemnifies and delivery of this Agreementholds harmless, and the Company may require, as a condition to including any Registrable Securities in addition any registration statement filed in accordance with this Article II, that the Company shall have received an undertaking reasonably satisfactory to all of the Investor’s other obligations under this Agreement, the Investor shall defend, protect, it from any underwriter to indemnify and hold harmless harmless, the Company and all other prospective sellers of its officers, directors, shareholders, employees and agents (including, without limitation, those retained in connection with the transactions contemplated by this Agreement) and each person who controls the Investor securities of Registrable Securities within the meaning of Section 15 of the Securities Act or Section 20 of the Exchange Act Act, and their respective directors and officers or general and limited partners or members and managing members (collectivelyincluding any director, the “Company Indemnitees”) from officer, employee, agent and against any and all Indemnified Liabilities incurred by the Company Indemnitees or controlling person of any of them the foregoing) to the same extent as a result ofthe indemnity set forth in Section 2.6 above, but only with respect to any losses, claims, damages or arising liabilities that arise out of, or relating to (a) are based upon, any untrue statement or alleged untrue statement of a material fact contained in the Registration Statement for the registration of the Shares as originally filed or in any amendment thereof, or in any related prospectus, or in any amendment thereof or supplement thereto, or arise out of or are based upon the omission or alleged omission to state therein a material fact required to be stated therein or necessary to make the statements therein not misleading; provided, however, that the Investor will only be liable for written information relating to the Investor furnished to the Company by or on behalf of the Investor specifically for inclusion in the documents referred to in the foregoing indemnity, and will not be liable in any such case to the extent that any such loss, claim, damage or liability arises out of or is based upon any such untrue statement or alleged untrue statement or omission or alleged omission made therein in reliance upon and in conformity with written information furnished to the Company by and in respect of the Investor or any underwriter specifically for use in the preparation of such registration statement, prospectus, any free writing prospectus or any “issuer information” filed or required to be filed pursuant to Rule 433(d) under the Securities Act in respect of the Registrable Securities, or amendment or supplement thereto. Such indemnity shall remain in full force and effect regardless of any investigation made by or on behalf of the Company specifically for inclusion therein; Company, the Investor or any underwriter, or any of their respective directors and officers or general and limited partners or members and managing members (b) including any misrepresentation or breach director, officer, employee, agent and controlling person of any representation or warranty made of the foregoing) and shall survive the transfer of such securities by such person. In no event shall any such indemnification liability of the Investor be greater in amount than the dollar amount of the proceeds received by the Investor in this Agreement or any instrument or document contemplated hereby or thereby executed by upon the Investor; or (c) any breach of any covenant, agreement or obligation sale of the Investor contained in this Agreement or any other certificate, instrument or document contemplated hereby or thereby executed by the Investor. To the extent that the foregoing undertaking by the Investor may be unenforceable under Applicable Laws, the Investor shall make the maximum contribution Registrable Securities giving rise to the payment and satisfaction of each of the Indemnified Liabilities, which is permissible under Applicable Lawssuch indemnification obligation.
Appears in 3 contracts
Samples: Registration Rights Agreement (Dubai Holding LLC), Registration Rights Agreement (Och-Ziff Capital Management Group LLC), Registration Rights Agreement (Och-Ziff Capital Management Group LLC)
Indemnification by the Investor. In consideration of the Company’s execution and delivery of this Agreement, and in addition to all of the Investor’s other obligations under this Agreement, the Investor shall defend, protect, indemnify and hold harmless the Company and all of its officers, directors, shareholders, employees and agents (including, without limitation, those retained in connection with the transactions contemplated by this Agreement) and each person who controls the Investor Company within the meaning of Section 15 of the Securities Act or Section 20 of the Exchange Act (collectively, the “Company Indemnitees”) from and against any and all Indemnified Liabilities incurred by the Company Indemnitees or any of them as a result of, or arising out of, or relating to (a) any untrue statement or alleged untrue statement of a material fact contained in the Registration Statement for the registration of the Shares as originally filed or in any amendment thereof, or in any related prospectusProspectus, or in any amendment thereof or supplement thereto, or arise out of or are based upon the omission or alleged omission to state therein a material fact required to be stated therein or necessary to make the statements therein not misleading; provided, however, that the Investor will only be liable for written information relating to the Investor furnished to the Company by or on behalf of the Investor specifically for inclusion in the documents referred to in the foregoing indemnity, and will not be liable in any such case to the extent that any such loss, claim, damage or liability Indemnified Liability arises out of or is based upon any such untrue statement or alleged untrue statement or omission or alleged omission made therein in reliance upon and in conformity with written information furnished to the Investor by or on behalf of the Company specifically for inclusion therein; (b) any misrepresentation or breach of any representation or warranty made by the Investor in this Agreement or any instrument or document contemplated hereby or thereby executed by the Investor; or (c) any breach of any covenant, agreement or obligation of the Investor contained in this Agreement or any other certificate, instrument or document contemplated hereby or thereby executed by the Investor. To the extent that the foregoing undertaking by the Investor may be unenforceable under Applicable Laws, the Investor shall make the maximum contribution to the payment and satisfaction of each of the Indemnified Liabilities, which is permissible under Applicable Laws.
Appears in 2 contracts
Samples: Standby Equity Purchase Agreement (Envirotech Vehicles, Inc.), Standby Equity Purchase Agreement (Envirotech Vehicles, Inc.)
Indemnification by the Investor. In consideration of the Company’s execution and delivery of this AgreementThe Investor agrees, and in addition severally but not jointly, to all of the Investor’s other obligations under this Agreement, the Investor shall defend, protect, indemnify and hold harmless harmless, to the Company and all of fullest extent permitted by law, the Company, its directors, officers, directorsemployees, shareholders, employees and agents (including, without limitation, those retained in connection with the transactions contemplated by this Agreement) shareholders and each person who controls the Investor Company (within the meaning of Section 15 of the Securities Act or Section 20 of the Exchange Act (collectively, the “Company Indemnitees”Act) from and against any losses, claims, damages, liabilities and all Indemnified Liabilities incurred by the Company Indemnitees or any of them as a result of, or arising out of, or relating to expense (aincluding reasonable attorney fees) resulting from (i) any untrue statement or alleged untrue statement of a material fact contained or any omission or alleged omission of a material fact required to be stated in the Registration Statement for or Prospectus or preliminary Prospectus or amendment or supplement thereto or necessary to make the registration statements therein (in the case of the Shares as originally filed any Prospectus or in any amendment thereof, or in any related prospectus, or in any amendment thereof form of prospectus or supplement thereto, or arise out in light of or are based upon the circumstances under which they were made) not misleading; (ii) the omission or alleged omission to state therein in a Blue Sky Application a material fact required to be stated therein or necessary to make the statements therein not misleading; provided, however, that or (iii) any violation by the Investor will only be liable for written information relating or its agents of any rule or regulation promulgated under the Securities Act applicable to the Investor furnished or its agents and relating to the Company by action or on behalf inaction required of the Investor specifically for inclusion in under this Agreement, to the documents referred to in the foregoing indemnityextent, and will not be liable in any such case but only to the extent that any such loss, claim, damage or liability arises out of or is based upon any such untrue statement or alleged untrue statement or omission or alleged omission made therein is contained in reliance upon and in conformity with written any information furnished to in writing by the Investor by or on behalf of to the Company specifically for inclusion therein; in such Registration Statement or Prospectus or amendment or supplement thereto. In no event shall the liability of the Investor be greater in amount than the dollar amount of the proceeds (b) any misrepresentation or breach net of any representation or warranty made all expense paid by the Investor in connection with any claim relating to this Agreement or any instrument or document contemplated hereby or thereby executed by Section 2.7 and the Investor; or (c) any breach amount of any covenant, agreement or obligation of damages the Investor contained in this Agreement has otherwise been required to pay by reason of such untrue statement or any other certificate, instrument or document contemplated hereby or thereby executed by the Investor. To the extent that the foregoing undertaking omission) received by the Investor may be unenforceable under Applicable Laws, upon the Investor shall make the maximum contribution to the payment and satisfaction of each sale of the Indemnified Liabilities, which is permissible under Applicable LawsRegistrable Securities included in the Registration Statement giving rise to such indemnification obligation.
Appears in 2 contracts
Samples: Registration Rights Agreement (Eve One Fund II L.P.), Registration Rights Agreement (Uxin LTD)
Indemnification by the Investor. In consideration of the Company’s execution and delivery of this Agreement, and in addition to all of the Investor’s other obligations under this Agreement, the Investor shall defend, protect, indemnify and hold harmless the Company and all of its officers, directors, shareholdersmanagers, employees and agents (includingmembers, without limitationpartners, those retained in connection with the transactions contemplated by this Agreement) and each person who controls the Investor Company within the meaning of Section 15 of the Securities Act or Section 20 of the Exchange Act (collectively, the “Company Indemnitees”) from and against any and all Indemnified Liabilities incurred by the Company Indemnitees or any of them as a result of, or arising out of, or relating to (a) any untrue statement or alleged untrue statement of a material fact contained in the Registration Statement for the registration of the Shares as originally filed or in any amendment thereof, or in any related prospectus, or in any amendment thereof or supplement thereto, or arise out of or are based upon the omission or alleged omission to state therein a material fact required to be stated therein or necessary to make the statements therein not misleading; provided, however, that the Investor will only be liable for written information relating to the Investor furnished to the Company by or on behalf of the Investor specifically for inclusion in the documents referred to in the foregoing indemnity, and will not be liable in any such case to the extent that any such loss, claim, damage or liability arises out of or is based upon any such untrue statement or alleged untrue statement or omission or alleged omission made therein in reliance upon and in conformity with written information furnished to the Investor by or on behalf of the Company specifically for inclusion therein; (b) any misrepresentation or breach of any representation or warranty made by the Investor in this Agreement or any instrument or document contemplated hereby or thereby executed by the Investor; or (c) any breach of any covenant, agreement or obligation of the Investor Investor(s) contained in this Agreement or any other certificate, instrument or document contemplated hereby or thereby executed by the Investor. To the extent that the foregoing undertaking by the Investor may be unenforceable under Applicable LawsLaw, the Investor shall make the maximum contribution to the payment and satisfaction of each of the Indemnified Liabilities, which is permissible under Applicable LawsLaw.
Appears in 2 contracts
Samples: Structured Equity Financing Agreement (Society Pass Incorporated.), Standby Equity Purchase Agreement (Powerbridge Technologies Co., Ltd.)
Indemnification by the Investor. In consideration of the Company’s execution and delivery of this Agreement, and in addition The Investor agrees to all of the Investor’s other obligations under this Agreement, the Investor shall defend, protect, indemnify and hold harmless the Company and all each of its officersAffiliates, directorsDirectors, shareholdersemployees, employees members, managers and agents (including, without limitation, those retained in connection with the transactions contemplated by this Agreement) and each person Person who controls the Investor Company within the meaning of Section 15 of either the Securities Act or Section 20 of the Exchange Act (collectivelyAct, to the “Company Indemnitees”) fullest extent permitted by applicable Law, from and against any and all Indemnified Liabilities incurred by the Company Indemnitees Losses to which they or any of them may become subject insofar as a result of, such Losses arise out of or arising out of, or relating to (a) are based upon any untrue statement or alleged untrue statement of a material fact contained in the a Registration Statement for the registration of the Shares as originally filed or in any amendment thereof, or in the Disclosure Package or the Investor Free Writing Prospectus, preliminary, final or summary Prospectus included in any related prospectussuch Registration Statement, or in any amendment thereof or supplement thereto, or arise out of or are based upon the omission or alleged omission to state therein a material fact required to be stated therein or necessary to make the statements therein not misleading; provided, howeverto the extent, but only to the extent, that the Investor will only be liable for any such untrue statement or alleged untrue statement or omission or alleged omission is contained in any written information relating to the Investor furnished to the Company by or on behalf of the Investor specifically for inclusion therein; provided, however, that the total amount to be indemnified by the Investor pursuant to this Section 2(f)(ii) shall be limited to the net proceeds (after deducting underwriters’ discounts and commissions) received by the Investor in the documents referred offering to in which such Registration Statement or Prospectus relates; provided further that the foregoing indemnity, and will Investor shall not be liable in any such case to the extent that prior to the filing of any such lossRegistration Statement or Disclosure Package, claimor any amendment thereof or supplement thereto, damage or liability arises out of or is based upon any such untrue statement or alleged untrue statement or omission or alleged omission made therein the Investor has furnished in reliance upon and in conformity with written information furnished writing to the Investor by Company, information expressly for use in, and within a reasonable period of time prior to the effectiveness of such Registration Statement or on behalf of the Company specifically for inclusion therein; (b) any misrepresentation or breach of any representation or warranty made by the Investor in this Agreement Disclosure Package, or any instrument amendment thereof or document contemplated hereby supplement thereto which corrected or thereby executed by made not misleading information previously provided to the Investor; or (c) Company. This indemnity agreement will be in addition to any breach of any covenant, agreement or obligation of the Investor contained in this Agreement or any other certificate, instrument or document contemplated hereby or thereby executed by the Investor. To the extent that the foregoing undertaking by liability which the Investor may be unenforceable under Applicable Laws, the Investor shall make the maximum contribution to the payment and satisfaction of each of the Indemnified Liabilities, which is permissible under Applicable Lawsotherwise have.
Appears in 2 contracts
Samples: Investor Rights Agreement (Norwegian Cruise Line Holdings Ltd.), Investment Agreement (Norwegian Cruise Line Holdings Ltd.)
Indemnification by the Investor. In consideration of the Company’s execution and delivery of this AgreementEach Investor agrees, and in addition severally but not jointly, to all of the Investor’s other obligations under this Agreement, the Investor shall defend, protect, indemnify and hold harmless harmless, to the Company and all of fullest extent permitted by law, the Company, its directors, officers, directorsemployees, shareholders, employees and agents (including, without limitation, those retained in connection with the transactions contemplated by this Agreement) stockholders and each person who controls the Investor Company (within the meaning of Section 15 of the Securities Act or Section 20 of the Exchange Act (collectively, the “Company Indemnitees”0000 Xxx) from and against any losses, claims, damages, liabilities and all Indemnified Liabilities incurred by the Company Indemnitees or expenses (including reasonable attorneys’ fees) resulting from any of them as a result of, or arising out of, or relating to (a) any untrue statement or alleged untrue statement of a material fact contained in the Registration Statement for the registration or any omission of the Shares as originally filed or in any amendment thereof, or in any related prospectus, or in any amendment thereof or supplement thereto, or arise out of or are based upon the omission or alleged omission to state therein a material fact required to be stated therein in any Registration Statement, any preliminary Prospectus or final Prospectus, or in any amendment or supplement thereto, or necessary to make the statements therein (in the case of any preliminary Prospectus or final Prospectus, or any amendment or supplement thereto, in light of the circumstances under which they were made) not misleading; provided, however, that the Investor will only be liable for written information relating to the Investor furnished to the Company by or on behalf of the Investor specifically for inclusion in the documents referred to in the foregoing indemnity, and will not be liable in any such case to the extent that any such loss, claim, damage or liability arises out of or is based upon any such untrue statement or alleged omission is contained in any information furnished by the Investor to the Company for inclusion in such Registration Statement or Prospectus or amendment or supplement thereto, or to the extent that such information relates to such Investor’s proposed method of distribution of Registrable Securities and was reviewed and approved by the Investor for use in the Registration Statement, such Prospectus or such form of Prospectus or in any amendment or supplement thereto, or in the case of an occurrence of an Allowed Delay or an event of the type specified in Section 3(g), the use by the Investor of an outdated or defective Prospectus after the Company has notified the Investor in writing that the Prospectus is outdated or defective and prior to the receipt by the Investor of an amended or supplemented Prospectus, but only if and to the extent that following the receipt of the amended or supplemented Prospectus the misstatement or omission giving rise to such liability would have been corrected. In no event shall the liability of the Investor be greater in amount than the dollar amount of the proceeds (net of any damages the Investor has otherwise been required to pay by reason of such untrue statement or omission or alleged omission made therein in reliance upon and in conformity with written information furnished to by the Investor by or on behalf of the Company specifically for inclusion therein; (bCompany) any misrepresentation or breach of any representation or warranty made received by the Investor in this Agreement or any instrument or document contemplated hereby or thereby executed by upon the Investor; or (c) any breach of any covenant, agreement or obligation sale of the Investor contained Registrable Securities included in this Agreement or any other certificate, instrument or document contemplated hereby or thereby executed by the Investor. To the extent that the foregoing undertaking by the Investor may be unenforceable under Applicable Laws, the Investor shall make the maximum contribution Registration Statement giving rise to the payment and satisfaction of each of the Indemnified Liabilities, which is permissible under Applicable Lawssuch indemnification obligation.
Appears in 2 contracts
Samples: Stock Purchase Agreement (Fuse Medical, Inc.), Registration Rights Agreement (Fuse Medical, Inc.)
Indemnification by the Investor. In consideration of the Company’s execution and delivery of this Agreement, and in addition to all of the Investor’s other obligations under this Agreement, the Investor shall defend, protect, indemnify and hold harmless the Company and all of its officers, directors, shareholders, employees and agents (including, without limitation, those retained in connection with the transactions contemplated by this Agreement) and each person who controls the Investor within the meaning of Section 15 of the Securities Act or Section 20 of the Exchange Act (collectively, the “Company Indemnitees”) from and against any and all Indemnified Liabilities incurred by the Company Indemnitees or any of them as a result of, or arising out of, or relating to (a) any untrue statement or alleged untrue statement of a material fact contained in the Registration Statement for the registration of the Shares as originally filed or in any amendment thereof, or in any related prospectus, or in any amendment thereof or supplement thereto, or arise out of or are based upon the omission or alleged omission to state therein a material fact required to be stated therein or necessary to make the statements therein not misleading; provided, however, that the Investor will only be liable for written information relating to the Investor furnished to the Company by or on behalf of the Investor specifically for inclusion in the documents referred to in the foregoing indemnity, and will not be liable in any such case to the extent that any such loss, claim, damage or liability arises out of or is based upon any such untrue statement or alleged untrue statement or omission or alleged omission made therein in reliance upon and in conformity with written information furnished to the Investor by or on behalf of the Company specifically for inclusion therein; (b) any misrepresentation or breach of any representation or warranty made by the Investor in this Agreement or any instrument or document contemplated hereby or thereby executed by the Investor; or (c) any breach of any covenant, agreement or obligation of the Investor Investor(s) contained in this Agreement or any other certificate, instrument or document contemplated hereby or thereby executed by the Investor; or (d) any cause of action, suit or claim brought or made against such Company Indemnitee not arising out of any action or inaction of a Company Indemnitee and arising out of or resulting from the execution, delivery, performance or enforcement of this Agreement or any other instrument, document or agreement executed pursuant hereto by any of the Company Indemnitees. To the extent that the foregoing undertaking by the Investor may be unenforceable under Applicable Lawsfor any reason, the Investor shall make the maximum contribution to the payment and satisfaction of each of the Indemnified Liabilities, which is permissible under Applicable Lawsapplicable law.
Appears in 2 contracts
Samples: Standby Equity Distribution Agreement (Bos Better Online Solutions LTD), Standby Equity Distribution Agreement (Bos Better Online Solutions LTD)
Indemnification by the Investor. In consideration of the Company’s execution and delivery of this Agreement, and in addition to all of the Investor’s other obligations under this Agreement, the Investor shall defend, protect, indemnify and hold harmless the Company and all of its officers, directors, shareholders, employees and agents (including, without limitation, those retained in connection with the transactions contemplated by this Agreement) and each person who controls the Investor within the meaning of Section 15 of the Securities Act or Section 20 of the Exchange Act (collectively, the “Company Indemnitees”) from and against any and all Indemnified Liabilities incurred by the Company Indemnitees or any of them as a result of, or arising out of, or relating to (a) any untrue statement or alleged untrue statement of a material fact contained in the Registration Statement for the registration of the Shares as originally filed or in any amendment thereof, or in any related prospectus, or in any amendment thereof or supplement thereto, or arise out of or are based upon the omission or alleged omission to state therein a material fact required to be stated therein or necessary to make the statements therein not misleading; provided, however, that the Investor will only be liable for written information relating to the Investor furnished to the Company by or on behalf of the Investor specifically for inclusion in the documents referred to in the foregoing indemnity, and will not be liable in any such case to the extent that any such loss, claim, damage or liability arises out of or is based upon any such untrue statement or alleged untrue statement or omission or alleged omission made therein in reliance upon and in conformity with written information furnished to the Investor by or on behalf of the Company specifically for inclusion therein; (b) any misrepresentation or breach of any representation or warranty made by the Investor in this Agreement or any instrument or document contemplated hereby or thereby executed by the Investor; or (c) any breach of any covenant, agreement or obligation of the Investor contained in this Agreement or any other certificate, instrument or document contemplated hereby or thereby executed by the Investor; or (d) any cause of action, suit or claim brought or made against such Company Indemnitee not arising out of any action or inaction of any of the Company Indemnitees and arising out of or resulting from the execution, delivery, performance or enforcement of this Agreement or any other instrument, document or agreement executed pursuant hereto by any of the Company Indemnitees. To the extent that the foregoing undertaking by the Investor may be unenforceable under Applicable Lawsfor any reason, the Investor shall make the maximum contribution to the payment and satisfaction of each of the Indemnified Liabilities, which is permissible under Applicable Lawsapplicable law.
Appears in 2 contracts
Samples: Standby Equity Distribution Agreement (Leafbuyer Technologies, Inc.), Standby Equity Distribution Agreement (Micronet Enertec Technologies, Inc.)
Indemnification by the Investor. In consideration of To the Company’s execution and delivery of this Agreement, and in addition to all of the Investor’s other obligations under this Agreementextent permitted by law, the Investor shall defendand each Holder shall, protectif Registrable Securities held by the Investor or such Holder are included in the securities as to which such Registration, qualifications or compliance is being effected, indemnify and hold harmless the Company and all Company, each of its employees, advisors, agents and directors, each of its officers who has signed the Registration Statement, each Person, if any, who controls the Company within the meaning of the Securities Act and any underwriter, against any losses, claims, damages or liabilities (joint or several; or actions, proceedings or settlements in respect thereof) to which the Company or any such director, officer, legal counsel, controlling Person underwriter may become subject under the Securities Act, the Exchange Act or other United States federal or state law, insofar as such losses, claims, damages or liabilities (or actions, proceedings or settlements in respect thereof) arise out of or are based upon any of the following statements, omissions or Violation, in each case to the extent (and only to the extent) that such statement, omission or Violation occurs in sole reliance upon and in conformity with written information furnished by the Investor, such Holder, or their respective partners, officers, directors, shareholdersemployees, employees and agents (includingadvisors, without limitationagents, those retained underwriters or controlling Persons expressly for use in connection with the transactions contemplated by this Agreementsuch Registration:
(i) and each person who controls the Investor within the meaning of Section 15 of the Securities Act or Section 20 of the Exchange Act (collectively, the “Company Indemnitees”) from and against any and all Indemnified Liabilities incurred by the Company Indemnitees or any of them as a result of, or arising out of, or relating to (a) any untrue statement or alleged untrue statement of a material fact contained in the such Registration Statement for the registration of the Shares as originally filed Statement, including any preliminary prospectus or in final prospectus contained therein or any amendment thereof, amendments or in any related prospectus, or in any amendment thereof or supplement supplements thereto, or arise out of or are based upon the ; or
(ii) omission or alleged omission to state therein a material fact required to be stated therein therein, or necessary to make the statements therein therein, in light of the circumstances in which they are made, not misleading, and the Investor or such Holder shall reimburse any legal or other expenses reasonably incurred by the Company or any such employee, advisor, agent, director, officer, controlling Person or underwriter in connection with investigating or defending any such loss, claim, damage, liability, action or proceeding; provided, however, that the Investor will only be liable for written information relating indemnity agreement contained in this Section 2.6(b) shall not apply to the Investor furnished to the Company by or on behalf amounts paid in settlement of the Investor specifically for inclusion in the documents referred to in the foregoing indemnity, and will not be liable in any such case to the extent that any such loss, claim, damage damage, liability, action or liability arises out proceeding if such settlement is effected without the consent of or is based upon any such untrue statement or alleged untrue statement or omission or alleged omission made therein in reliance upon and in conformity with written information furnished to the Investor by or on behalf of such Holder, which consent shall not be unreasonably withheld; and provided, further, that except for liability for willful fraud or misrepresentation, in no event shall any indemnity under this Section 2.6(b) exceed the Company specifically for inclusion therein; (b) any misrepresentation or breach of any representation or warranty made net proceeds received by the Investor or such Holder in this Agreement or any instrument or document contemplated hereby or thereby executed by the Investor; or (c) any breach of any covenant, agreement or obligation of the Investor contained in this Agreement or any other certificate, instrument or document contemplated hereby or thereby executed by the Investor. To the extent that the foregoing undertaking by the Investor may be unenforceable under Applicable Laws, the Investor shall make the maximum contribution to the payment and satisfaction of each of the Indemnified Liabilities, which is permissible under Applicable Lawssuch Registration.
Appears in 2 contracts
Samples: Registration Rights Agreement (Tarena International, Inc.), Registration Rights Agreement (Tarena International, Inc.)
Indemnification by the Investor. In consideration of the Company’s execution and delivery of this Agreement, and in addition to all of the Investor’s other obligations under this Agreement, the Investor shall defend, protect, indemnify and hold harmless the Company and all of its officers, directors, shareholders, employees and agents (including, without limitation, those retained in connection with the transactions contemplated by this Agreement) and each person Person who controls the Investor within the meaning of Section 15 of the Securities Act or Section 20 of the Exchange Act (collectively, the “Company Indemnitees”) from and against any and all Indemnified Liabilities incurred by the Company Indemnitees or any of them as a result of, or arising out of, or relating to (a) any untrue statement or alleged untrue statement of a material fact contained in the Registration Statement for the registration of the Shares Securities as originally filed or in any amendment thereof, or in any related prospectus, or in any amendment thereof or supplement thereto, or arise out of or are based upon the omission or alleged omission to state therein a material fact required to be stated therein or necessary to make the statements therein not misleading; provided, however, that the Investor will only be liable for written information relating to the Investor furnished to the Company by or on behalf of the Investor specifically for inclusion in the documents referred to in the foregoing indemnity, and will not be liable in any such case to the extent that any such loss, claim, damage or liability arises out of or is based upon any such untrue statement or alleged untrue statement or omission or alleged omission made therein in reliance upon and in conformity with written information furnished to the Investor by or on behalf of the Company specifically for inclusion therein; (b) any misrepresentation or breach of any representation or warranty made by the Investor in this Agreement or any instrument or document contemplated hereby or thereby executed by the Investor; or (c) any breach of any covenant, agreement or obligation of the Investor Investor(s) contained in this Agreement or any other certificate, instrument or document contemplated hereby or thereby executed by the Investor. To the extent that the foregoing undertaking by the Investor may be unenforceable under Applicable LawsLaw, the Investor shall make the maximum contribution to the payment and satisfaction of each of the Indemnified Liabilities, which is permissible under Applicable LawsLaw.
Appears in 2 contracts
Samples: Standby Equity Purchase Agreement (Taoping Inc.), Standby Equity Purchase Agreement (Taoping Inc.)
Indemnification by the Investor. In consideration of To the Company’s execution and delivery of this Agreement, and in addition to all of the Investor’s other obligations under this Agreementextent permitted by law, the Investor shall defend, protect, agrees to indemnify and hold harmless the Company and all of Company, its partners, affiliates, officers, directors, shareholdersemployees and duly authorized agents, and each Controlling Person, from and against any Damages, joint or several, and any action or proceeding in respect thereof to which the Company, its partners, affiliates, officers, directors, employees and agents (includingduly authorized agents, without limitation, those retained in connection with the transactions contemplated by this Agreement) and each person who controls the Investor within the meaning of Section 15 of any such Controlling Person may become subject under the Securities Act or Section 20 of the Exchange Act otherwise as incurred and, insofar as such Damages (collectively, the “Company Indemnitees”or actions or proceedings in respect thereof) from and against any and all Indemnified Liabilities incurred by the Company Indemnitees or any of them as a result of, or arising arise out of, or relating to (a) are based upon, any untrue statement or alleged untrue statement of a material fact contained in the any Registration Statement for or prospectus relating to the registration of the Shares as originally filed Registrable Securities or in any amendment thereof, or in any related preliminary prospectus, or in any amendment thereof or supplement theretoarises out of, or arise out of or are based upon the upon, any omission or alleged omission to state therein a material fact required to be stated therein or necessary to make the statements therein not misleading, and shall reimburse the Company, its partners, affiliates, officers, directors, employees and duly authorized agents, and each such Controlling Person for any legal and other expenses reasonably incurred by the Company, its partners, affiliates, officers, directors, employees and duly authorized agents, or any such Controlling Person, as incurred, in investigating or defending or preparing to defend against any such Damages or actions or proceedings; provided, however, that the Investor will only be liable for written information relating indemnity agreement contained in this Section 3.2 shall not apply to the Investor furnished to the Company by or on behalf amounts paid in settlement of the Investor specifically for inclusion in the documents referred to in the foregoing indemnity, and will not be liable in any such case to the extent that any such loss, claim, damage damage, liability or liability arises out of or action if such settlement is based upon any such untrue statement or alleged untrue statement or omission or alleged omission made therein in reliance upon and in conformity with written information furnished to effected without the Investor by or on behalf consent of the Company specifically for inclusion thereinInvestor, which consent shall not be unreasonably withheld; (b) and provided further, that in no event shall any misrepresentation or breach of any representation or warranty made by indemnity under this Section 3.2 exceed the Investor in this Agreement or any instrument or document contemplated hereby or thereby executed net proceeds from the offering received by the Investor; or (c) any breach of any covenant, agreement or obligation of the Investor contained in this Agreement or any other certificate, instrument or document contemplated hereby or thereby executed by the Investor. To the extent that the foregoing undertaking by the Investor may be unenforceable under Applicable Laws, the Investor shall make the maximum contribution to the payment and satisfaction of each of the Indemnified Liabilities, which is permissible under Applicable Laws.
Appears in 2 contracts
Samples: Registration Rights Agreement (Sonic Solutions/Ca/), Finder's Fee Agreement (Sonic Solutions/Ca/)
Indemnification by the Investor. In consideration of the Company’s execution and delivery of this Agreement, and in addition to all of the Investor’s other obligations under this Agreement, the The Investor shall defend, protect, indemnify and hold harmless harmless, to the Company and all of fullest extent permitted by law, the Company, its officers, directors, shareholdersofficers, employees and agents (includingagents, without limitation, those retained in connection with the transactions contemplated by this Agreement) and each other person who controls the Investor Company (within the meaning of Section 15 of the Securities Act or Section 20 of the Exchange Act Act) (collectively, "Company Indemnified Parties") against all losses, claims, damages, liabilities and expenses (including, without limitation, reasonable fees of counsel and any amounts paid in settlement effected with the “Investor's consent) to which any Company Indemnitees”) from and against any and all Indemnified Liabilities incurred by Party may become subject under the Company Indemnitees or any of them as a result ofSecurities Act, the Exchange Act, at common law, or arising out ofotherwise, insofar as such losses, claims, damages, liabilities, or relating to expenses (aor actions or proceedings, whether commenced or threatened, in respect thereof) are caused by (1) any untrue statement or alleged untrue statement of a material fact contained in the Registration Statement for or the registration of the Shares as originally filed Proxy Statement or in any amendment thereof, or in any related prospectus, or in any amendment thereof or supplement thereto, or arise out of or are based upon the omission or alleged omission to state therein a material fact required to be stated therein or necessary to make the statements therein not misleading; provided, however, that the Investor will only be liable for written information relating to the Investor furnished to the Company by or on behalf of the Investor specifically for inclusion in the documents referred to in the foregoing indemnity, and will not be liable in (2) any such case to the extent that any such loss, claim, damage or liability arises out of or is based upon any such untrue statement or alleged untrue statement of a material fact contained in any preliminary, final or summary prospectus, together with the documents incorporated by reference therein (as amended or supplemented if the Company shall have filed with the Commission any amendment thereof or supplement thereto), or the omission or alleged omission made to state therein a material fact required to be stated therein or necessary in reliance upon and order to make the statements therein, in conformity with written information furnished the light of the circumstances under which they were made, not misleading to the Investor extent in the cases described in clauses (1) and (2), that such untrue statement or omission was furnished in writing by such holder for use in the preparation thereof, and (3) any violation by such holder of any federal, state or common law rule or regulation applicable to such holder and relating to action of or inaction by such holder in connection with the Registration Statement, the Proxy Statement or the Rights Offering. Such indemnity obligation shall remain in full force and effect regardless of any investigation made by or on behalf of the Company specifically for inclusion therein; (b) any misrepresentation or breach Indemnified Parties and shall survive the transfer of any representation or warranty made such securities by the Investor in this Agreement or any instrument or document contemplated hereby or thereby executed by the Investor; or (c) any breach of any covenant, agreement or obligation of the Investor contained in this Agreement or any other certificate, instrument or document contemplated hereby or thereby executed by the Investor. To the extent that the foregoing undertaking by the Investor may be unenforceable under Applicable Laws, the Investor shall make the maximum contribution to the payment and satisfaction of each of the Indemnified Liabilities, which is permissible under Applicable Lawssuch holder.
Appears in 2 contracts
Samples: Stock Purchase Agreement (Dnap Holding Corp), Stock Purchase Agreement (Bionova International Inc)
Indemnification by the Investor. In consideration of the Company’s execution Each Investor shall, severally and delivery not jointly, notwithstanding any termination of this Agreement, and in addition to all of the Investor’s other obligations under this Agreement, the Investor shall defend, protect, indemnify and hold harmless the Company and all of Company, its directors, officers, directors, shareholders, agents and employees and agents (including, without limitation, those retained in connection with the transactions contemplated by this Agreement) and each person Person who controls the Investor Company (within the meaning of Section 15 of the Securities Act or Section 20 of the Exchange Act (collectivelyAct), to the “Company Indemnitees”) fullest extent permitted by applicable law, from and against all Losses (i) arising out of or based on any misrepresentation or breach of any representation or warranty made by such Investor in the Transaction Documents or any other certificate, instrument or document contemplated hereby or thereby (regardless of whether such misrepresentation, violation or breach constitutes a failure of a condition to an applicable Closing for the benefit of the Company (and all Indemnified Liabilities incurred regardless of whether any such condition is waived by the Company), (ii) any breach of any agreement or obligation by such Investor of any Transaction Document (regardless of whether such breach constitutes a failure of a condition to an applicable Closing for the benefit of the Company Indemnitees or (and regardless of whether any of them as a result ofsuch condition is waived by the Company), or (iii) arising out of, or relating to of (aA) any untrue statement violation or alleged purported violation of securities laws by such Investor in connection with any resale of Common Stock and (B) any untrue statement of a material fact contained in the Registration Statement for the registration of the Shares as originally filed or in Statement, any amendment thereofProspectus, or in any related form of prospectus, or in any amendment thereof or supplement thereto, or arise arising out of or are based upon the relating to any omission or alleged omission to state therein 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; provided, however, that the Investor will but only be liable for written information relating to the extent that such untrue statements or omissions are based solely upon information regarding such Investor furnished to the Company by such Investor or on behalf of the Investor specifically its agent in writing expressly for inclusion in the documents referred to in the foregoing indemnityuse therein, and will not be liable in any such case or to the extent that such information relates to such Investor or such Investor’s proposed method of distribution of Registrable Securities and was reviewed and expressly approved in writing by such Investor or its agent expressly for use in the Registration Statement, such Prospectus or such form of prospectus or in any such loss, claim, damage amendment or supplement thereto. In no event shall the liability arises out of or is based upon any such untrue statement or alleged untrue statement or omission or alleged omission made therein Investor hereunder be greater in reliance upon and in conformity with written information furnished to amount than the Investor by or on behalf dollar amount of the Company specifically for inclusion therein; (b) any misrepresentation or breach of any representation or warranty made net proceeds received by such Investor upon the Investor in this Agreement or any instrument or document contemplated hereby or thereby executed by the Investor; or (c) any breach of any covenant, agreement or obligation sale of the Investor contained in this Agreement or any other certificate, instrument or document contemplated hereby or thereby executed by the Investor. To the extent that the foregoing undertaking by the Investor may be unenforceable under Applicable Laws, the Investor shall make the maximum contribution Registrable Securities giving rise to the payment and satisfaction of each of the Indemnified Liabilities, which is permissible under Applicable Lawssuch indemnification obligation.
Appears in 2 contracts
Samples: Securities Exchange Agreement (RCS Capital Corp), Securities Purchase Agreement (RCS Capital Corp)
Indemnification by the Investor. In consideration of the Company’s execution and delivery of this Agreement, and in addition The Investor agrees to all of the Investor’s other obligations under this Agreement, the Investor shall defend, protect, indemnify and hold harmless the Company and all each of its officersAffiliates, directors, shareholdersemployees, employees members, managers and agents (including, without limitation, those retained in connection with the transactions contemplated by this Agreement) and each person Person who controls the Investor Company within the meaning of Section 15 of either the Securities Act or Section 20 of the Exchange Act (collectivelyAct, to the “Company Indemnitees”) fullest extent permitted by applicable law, from and against any and all Indemnified Liabilities incurred by the Company Indemnitees Losses to which they or any of them may become subject insofar as a result of, such Losses arise out of or arising out of, or relating to (a) are based upon any untrue statement or alleged untrue statement of a material fact contained in the a Registration Statement for the registration of the Shares as originally filed or in any amendment thereof, or in the Disclosure Package or any related prospectusInvestor Free Writing Prospectus, preliminary, final or summary Prospectus included in any such Registration Statement, or in any amendment thereof or supplement thereto, or arise out of or are based upon the omission or alleged omission to state therein a material fact required to be stated therein or necessary to make the statements therein not misleading; provided, howeverto the extent, but only to the extent, that the Investor will only be liable for any such untrue statement or alleged untrue statement or omission or alleged omission is contained in any written information relating to the Investor furnished to the Company by or on behalf of the Investor specifically for inclusion therein; provided, however, that the total amount to be indemnified by the Investor pursuant to this Section 3(h)(ii) shall be limited to the net proceeds (after deducting underwriters’ discounts and commissions) received by such the Investor in the documents referred offering to in which such Registration Statement or Prospectus relates; provided further that the foregoing indemnity, and will Investor shall not be liable in any such case to the extent that prior to the filing of any such lossRegistration Statement or Disclosure Package, claimor any amendment thereof or supplement thereto, damage or liability arises out of or is based upon any such untrue statement or alleged untrue statement or omission or alleged omission made therein it has furnished in reliance upon and in conformity with written information furnished writing to the Investor by Company, information expressly for use in, and within a reasonable period of time prior to the effectiveness of such Registration Statement or on behalf of the Company specifically for inclusion therein; (b) any misrepresentation or breach of any representation or warranty made by the Investor in this Agreement Disclosure Package, or any instrument amendment thereof or document contemplated hereby supplement thereto which corrected or thereby executed by made not misleading information previously provided to the Investor; or (c) Company. This indemnity agreement will be in addition to any breach of any covenant, agreement or obligation of the Investor contained in this Agreement or any other certificate, instrument or document contemplated hereby or thereby executed by the Investor. To the extent that the foregoing undertaking by liability which the Investor may be unenforceable under Applicable Laws, the Investor shall make the maximum contribution to the payment and satisfaction of each of the Indemnified Liabilities, which is permissible under Applicable Lawsotherwise have.
Appears in 2 contracts
Samples: Investor Rights Agreement (Superior Industries International Inc), Investment Agreement (Superior Industries International Inc)
Indemnification by the Investor. In consideration of the Company’s execution and delivery of this AgreementEach Investor agrees, and in addition severally but not jointly, to all of the Investor’s other obligations under this Agreement, the Investor shall defend, protect, indemnify and hold harmless harmless, to the Company and all of fullest extent permitted by law, the Company, its directors, officers, directorsemployees, shareholders, employees and agents (including, without limitation, those retained in connection with the transactions contemplated by this Agreement) shareholders and each person who controls the Investor Company (within the meaning of Section 15 of the Securities Act or Section 20 of the Exchange Act (collectively, the “Company Indemnitees”0000 Xxx) from and against any losses, claims, damages, liabilities and all Indemnified Liabilities incurred by the Company Indemnitees or expense (including reasonable attorney fees) resulting from any of them as a result of, or arising out of, or relating to (a) any untrue statement or alleged untrue statement of a material fact contained in the Registration Statement for the registration or any omission of the Shares as originally filed or in any amendment thereof, or in any related prospectus, or in any amendment thereof or supplement thereto, or arise out of or are based upon the omission or alleged omission to state therein a material fact required to be stated therein in the Registration Statement or Prospectus or preliminary prospectus or amendment or supplement thereto or necessary to make the statements therein not misleading; provided, however, that the Investor will only be liable for written information relating to the Investor furnished to the Company by or on behalf of the Investor specifically for inclusion in the documents referred to in the foregoing indemnity, and will not be liable in any such case to the extent that any such loss, claim, damage or liability arises out of or is based upon any such untrue statement or alleged omission is contained in any information furnished by the Investor to the Company for inclusion in such Registration Statement or Prospectus or amendment or supplement thereto, or to the extent that such information relates to such Investor’s proposed method of distribution of Registrable Securities and was reviewed and approved by the Investor for use in the Registration Statement, such Prospectus or such form of Prospectus or in any amendment or supplement thereto, or in the case of an occurrence of an Allowed Delay or an event of the type specified in Section 3(g), the use by the Investor of an outdated or defective Prospectus after the Company has notified the Investor in writing that the Prospectus is outdated or defective and prior to the receipt by the Investor of an amended or supplemented Prospectus, but only if and to the extent that following the receipt of the amended or supplemented Prospectus the misstatement or omission giving rise to such liability would have been corrected. In no event shall the liability of the Investor be greater in amount than the dollar amount of the proceeds (net of any damages the Investor has otherwise been required to pay by reason of such untrue statement or omission or alleged omission made therein in reliance upon and in conformity with written information furnished to by the Investor by or on behalf of the Company specifically for inclusion therein; (bCompany) any misrepresentation or breach of any representation or warranty made received by the Investor in this Agreement or any instrument or document contemplated hereby or thereby executed by upon the Investor; or (c) any breach of any covenant, agreement or obligation sale of the Investor contained Registrable Securities included in this Agreement or any other certificate, instrument or document contemplated hereby or thereby executed by the Investor. To the extent that the foregoing undertaking by the Investor may be unenforceable under Applicable Laws, the Investor shall make the maximum contribution Registration Statement giving rise to the payment and satisfaction of each of the Indemnified Liabilities, which is permissible under Applicable Lawssuch indemnification obligation.
Appears in 2 contracts
Samples: Mutual Release Agreement (Xhibit Corp.), Registration Rights Agreement (Xhibit Corp.)
Indemnification by the Investor. In consideration of the Company’s execution and delivery of this Agreement, and in addition to all of the Investor’s other obligations under this Agreement, the Investor shall defend, protect, indemnify and hold harmless the Company and all of its officers, directors, shareholdersmanagers, members, stockholders, employees and agents (including, without limitation, those retained in connection with the transactions contemplated by this Agreement) and each person who controls the Investor Company within the meaning of Section 15 of the Securities Act or Section 20 of the Exchange Act (collectively, the “Company Indemnitees”) from and against any and all Indemnified Liabilities incurred by the Company Indemnitees or any of them as a result of, or arising out of, of or relating to to: (a) any untrue statement or alleged untrue statement of a material fact contained in the Registration Statement for the registration of the Shares as originally filed or in any amendment thereof, or in any related prospectus, or in any amendment thereof or supplement thereto, or arise out of or are based upon the omission or alleged omission to state therein a material fact required to be stated therein or necessary to make the statements therein not misleading; provided, however, that the Investor will only be liable for written information relating to the Investor furnished to the Company by or on behalf of the Investor specifically for inclusion in the documents referred to in the foregoing indemnity, and will not be liable in any such case to the extent that any such loss, claim, damage or liability arises out of or is based upon any such untrue statement or alleged untrue statement or omission or alleged omission made therein in reliance upon and in conformity with written information furnished to the Investor by or on behalf of the Company specifically for inclusion therein; (b) any misrepresentation or breach of any representation or warranty made by the Investor in this Agreement or any instrument or document contemplated hereby or thereby executed by the Investor; or (c) any breach of any covenant, agreement or obligation of the Investor contained in this Agreement or any other certificate, instrument or document contemplated hereby or thereby executed by the Investor. To the extent that the foregoing undertaking by the Investor may be unenforceable under Applicable Laws, the Investor shall make the maximum contribution to the payment and satisfaction of each of the Indemnified Liabilities, which is Liabilities permissible under Applicable Laws.
Appears in 2 contracts
Samples: Standby Equity Purchase Agreement (Bird Global, Inc.), Standby Equity Purchase Agreement (Bird Global, Inc.)
Indemnification by the Investor. In consideration of the Company’s execution and delivery of this Agreement, and in addition to all of the Investor’s other obligations under this Agreement, the Investor shall defend, protect, indemnify and hold harmless the Company and all of its officers, directors, shareholdersstockholders, employees and agents (including, without limitation, those retained in connection with the transactions contemplated by this Agreement) and each person who controls the Investor Company within the meaning of Section 15 of the Securities Act or Section 20 of the Exchange Act (collectively, the “Company Indemnitees”) from and against any and all Indemnified Liabilities incurred by the Company Indemnitees or any of them as a result of, or arising out of, or relating to (a) any untrue statement or alleged untrue statement of a material fact contained in the Registration Statement for the registration of the Common Shares as originally filed or in any amendment thereof, or in any related prospectus, or in any amendment thereof or supplement thereto, or arise out of or are based upon the omission or alleged omission to state therein a material fact required to be stated therein or necessary to make the statements therein not misleading; provided, however, that the Investor will only be liable for written information relating to the Investor furnished to the Company by or on behalf of the Investor specifically for inclusion in the documents referred to in the foregoing indemnity, and will not be liable in any such case to the extent that any such loss, claim, damage or liability arises out of or is based upon any such untrue statement or alleged untrue statement or omission or alleged omission made therein in reliance upon and in conformity with written information furnished to the Investor by or on behalf of the Company specifically for inclusion therein; (b) any material misrepresentation or breach of any material representation or material warranty made by the Investor in this Agreement or any instrument or document contemplated hereby or thereby executed by the Investor; or (c) any material breach of any material covenant, agreement or obligation of the Investor contained in this Agreement or any other certificate, instrument or document contemplated hereby or thereby executed by the Investor. To the extent that the foregoing undertaking by the Investor may be unenforceable under Applicable Laws, the Investor shall make the maximum contribution to the payment and satisfaction of each of the Indemnified Liabilities, which is permissible under Applicable Laws.
Appears in 2 contracts
Samples: Prepaid Advance Agreement (Applied Digital Corp.), Prepaid Advance Agreement (Applied Digital Corp.)
Indemnification by the Investor. In consideration of the Company’s execution and delivery of this Agreement, and in addition The Investor agrees to all of the Investor’s other obligations under this Agreement, the Investor shall defend, protect, indemnify and hold harmless harmless, to the Company and all of fullest extent permitted by law, the Company, its directors, officers, directorsemployees, shareholders, employees and agents (including, without limitation, those retained in connection with the transactions contemplated by this Agreement) and each person who controls the Investor Company (within the meaning of Section 15 the Securities Act) against any losses, claims, damages, liabilities, and expense (including reasonable attorneys' fees) resulting from (i) the Investor's failure to comply with the prospectus delivery requirements of the Securities Act at any time when the Company does not meet the conditions for use of Rule 172, has advised the Investor in writing that the Company does not meet such conditions and that therefore the Investor is required to deliver a Prospectus in connection with any sale or Section 20 other disposition of Registrable Securities, and has provided the Exchange Act Investor with a current Prospectus for such use, (collectively, ii) the “Company Indemnitees”) from and against any and all Indemnified Liabilities incurred use by the Investor of an outdated or defective Prospectus after the Company Indemnitees has notified the Investor that such Prospectus is outdated or any defective and the use of them as a result ofcorrected or updated Prospectus would have avoided such losses, claims, damages, liabilities, or arising out ofexpenses, or relating to and (aiii) any untrue statement or alleged untrue statement of a material fact contained in the Registration Statement for the registration or any omission of the Shares as originally filed or in any amendment thereof, or in any related prospectus, or in any amendment thereof or supplement thereto, or arise out of or are based upon the omission or alleged omission to state therein a material fact required to be stated therein in the Registration Statement or Prospectus or preliminary Prospectus or amendment or supplement thereto or necessary to make the statements therein not misleading; provided, howeverto the extent, but only to the extent, that the Investor will only be liable for written information relating to the Investor furnished to the Company by or on behalf of the Investor specifically for inclusion in the documents referred to in the foregoing indemnity, and will not be liable in any such case to the extent that any such loss, claim, damage or liability arises out of or is based upon any such untrue statement or alleged untrue statement or omission or alleged omission made therein is contained in reliance upon and in conformity with written any information furnished to in writing by the Investor by or on behalf of to the Company specifically for inclusion therein; in such Registration Statement or Prospectus or amendment or supplement thereto. In no event shall the liability of the Investor be greater in amount than the dollar amount of the proceeds (b) any misrepresentation or breach net of any representation or warranty made all expense paid by the Investor in connection with any claim relating to this Agreement or any instrument or document contemplated hereby or thereby executed by Section 7 and the Investor; or (c) any breach amount of any covenant, agreement or obligation of damages the Investor contained in this Agreement has otherwise been required to pay by reason of such untrue statement or any other certificate, instrument or document contemplated hereby or thereby executed by the Investor. To the extent that the foregoing undertaking omission) received by the Investor may be unenforceable under Applicable Laws, upon the Investor shall make the maximum contribution to the payment and satisfaction of each sale of the Indemnified Liabilities, which is permissible under Applicable LawsRegistrable Securities included in the Registration Statement giving rise to such indemnification obligation.
Appears in 2 contracts
Samples: Registration Rights Agreement (Good Times Restaurants Inc), Registration Rights Agreement (Good Times Restaurants Inc)
Indemnification by the Investor. In consideration To the fullest extent permitted by applicable Law, the Investor will, if Registrable Securities held by it are included in the securities as to which such registration, qualification or compliance is being effected, severally, but not jointly, indemnify the Company, each of its directors and officers and each underwriter of the Company’s execution and delivery of this Agreementsecurities covered by a Registration Statement, if any, and in addition to all of the Investor’s other obligations under this Agreement, the Investor shall defend, protect, indemnify and hold harmless the Company and all of its officers, directors, shareholders, employees and agents (including, without limitation, those retained in connection with the transactions contemplated by this Agreement) and each person Person who controls the Investor Company or such underwriter within the meaning of Section 15 of the Securities Act or Section 20 of the Exchange Act Act, against all claims, losses, damages and liabilities (collectively, the “Company Indemnitees”or actions in respect thereof) from and against any and all Indemnified Liabilities incurred by the Company Indemnitees or any of them as a result of, or arising out of, of or relating to based on: (ai) any untrue statement (or alleged untrue statement statement) of a material fact contained in the any such Registration Statement for the registration of the Shares as originally filed Statement, including any preliminary or in final prospectus contained therein and any amendment thereof, amendments or in any related prospectus, or in any amendment thereof or supplement supplements thereto, made by the Investor; or arise out of or are based upon the (ii) any omission (or alleged omission omission) to state therein a material fact required to be stated therein or necessary to make the statements by the Investor therein not misleading; provided, however, that the Investor will only be liable for written information relating to the Investor furnished to the Company by or on behalf of the Investor specifically for inclusion in the documents referred to in the foregoing indemnity, and will not be liable reimburse the Company and such directors, officers, underwriters or control persons for any legal or any other expenses reasonably incurred in connection with investigating or defending any such claim, loss, damage, liability or action, in each case to the extent extent, but only to the extent, that any such loss, claim, damage or liability arises out of or is based upon any such untrue statement or omission (or alleged untrue statement or omission omission) is made in such Registration Statement, including any preliminary or alleged omission made final prospectus contained therein and any amendments or supplements thereto, in reliance upon and in conformity with written information furnished to the Investor by or on behalf of the Company specifically for inclusion therein; (b) any misrepresentation or breach of any representation or warranty made by the Investor and stated to be specifically for use therein; provided, however, that the obligations of the Investor hereunder shall be limited to an amount equal to the net proceeds that the Investor received by sale of securities as contemplated herein, except in this Agreement the case of fraud or any instrument or document contemplated hereby or thereby executed gross negligence by the Investor; provided, further, that the Investor shall in no instance be liable for consequential, punitive, exemplary, special or (c) any breach indirect damages or lost profits related to this Agreement except to the extent incurred in connection with a third-party claim, and that the indemnity agreement contained in this Section 4.7 shall not apply to amounts paid in settlement of any covenantsuch loss, agreement claim, damage, liability or obligation action if such settlement is effected without the consent of the Investor contained in this Agreement or any other certificate, instrument or document contemplated hereby or thereby executed by the Investor. To the extent that the foregoing undertaking by the Investor may be unenforceable under Applicable Laws, the Investor shall make the maximum contribution to the payment and satisfaction of each of the Indemnified Liabilities, which is permissible under Applicable Lawsat its sole discretion.
Appears in 2 contracts
Samples: Investor Rights Agreement (ADT Inc.), Securities Purchase Agreement (ADT Inc.)
Indemnification by the Investor. In consideration of To the Company’s execution and delivery of this Agreement, and in addition to all of the Investor’s other obligations under this Agreementextent permitted by law, the Investor shall defend, protect, agrees to indemnify and hold harmless the Company and all of its officers, directors, shareholders, employees and agents (including, without limitation, those retained in connection with the transactions contemplated by this Agreement) and each person person, if any, who controls the Investor Company within the meaning of Section 15 of the Securities Act or Section 20 Act, each officer of the Exchange Act (collectively, Company who signs the “Company Indemnitees”Registration Statement and each director of the Company) and all other selling stockholders listed in the Registration Statement from and against any and all Indemnified Liabilities incurred by losses, claims, damages or liabilities to which the Company Indemnitees (or any of them such officer, director or controlling person) may become subject (under the Securities Act or otherwise), insofar as a result ofsuch losses, claims, damages or arising liabilities (or actions or proceedings in respect thereof) arise out of, or relating to are based upon, (ai) any untrue statement failure to comply with the covenants and agreements contained in this Deed respecting the sale of the Shares, or alleged (ii) any untrue statement of a material fact contained in the Registration Statement for the registration of the Shares as originally filed or in any amendment thereof, or in any related prospectus, or in any amendment thereof or supplement thereto, or arise out of or are based upon the omission or alleged omission to state therein a material fact required to be stated therein or necessary to make the statements therein not misleading; provided, however, that the Investor will only be liable for written information relating to the Investor furnished to the Company by or on behalf of the Investor specifically for inclusion in the documents referred to in the foregoing indemnity, and will not be liable in any such case to the extent that any such loss, claim, damage or liability arises out of or is based upon any if such untrue statement or alleged untrue statement or omission or alleged omission was made therein in reliance upon and in conformity with written information furnished to the Investor by or on behalf of the Company Investor specifically for inclusion use in preparation of the Registration Statement, and the Investor will reimburse the Company (or such officer, director or controlling person), as the case may be, for any reasonable legal or other expenses reasonably incurred in investigating, defending or preparing to defend any such action, proceeding or claim; provided however, that the Selling Stockholder shall have no obligation to indemnify the Company in any such case for any statement or alleged statement in or omission or alleged omission from such Registration Statement, preliminary prospectus, final prospectus or summary prospectus contained therein; (b) , or any misrepresentation amendment or breach of any representation supplement thereto, in which such statement or warranty made omission has been corrected, in writing, by the Investor in this Agreement and delivered to the Company at least ten (10) days before the sale or any instrument or document contemplated hereby or thereby executed by the Investor; or (c) any breach of any covenant, agreement or obligation of the Investor contained in this Agreement or any other certificate, instrument or document contemplated hereby or thereby executed by the Investorsales from which such loss occurred. To the extent that the foregoing undertaking by the Investor may be unenforceable under Applicable Laws, the The Investor shall make reimburse the maximum contribution to Company and the payment and satisfaction other selling stockholders listed in the Registration Statement for the amounts provided for herein upon receipt of each written demand providing evidence of the Indemnified Liabilities, which is permissible under Applicable Lawssuch expenses.
Appears in 2 contracts
Samples: Deed of Share Exchange (Osi Pharmaceuticals Inc), Deed of Share Exchange (Osi Pharmaceuticals Inc)
Indemnification by the Investor. In consideration of To the Company’s execution and delivery of this Agreement, and in addition to all of the Investor’s other obligations under this Agreementextent permitted by law, the Investor shall defendshall, protectif Registrable Securities held by the Investor are included in the securities as to which such registration, qualifications or compliance is being effected, indemnify and hold harmless the Company and all Company, each of its officers, directors, shareholderseach of its officers who has signed the registration statement, employees and agents (includingeach Person, without limitationif any, those retained in connection with the transactions contemplated by this Agreement) and each person who controls the Investor Company within the meaning of Section 15 of the Securities Act and any underwriter, against any losses, claims, damages or Section 20 of liabilities (joint or several) to which the Company or any such director, officer, legal counsel, controlling Person underwriter may become subject under the Securities Act, the Exchange Act or other United States federal or state law, insofar as such losses, claims, damages or liabilities (collectivelyor actions in respect thereto) arise out of or are based upon any of the following statements, omissions or Violations, in each case to the “Company Indemnitees”extent (and only to the extent) from that such statement, omission or Violation occurs in sole reliance upon and against any and all Indemnified Liabilities incurred in conformity with written information furnished by the Company Indemnitees or any of them as a result of, or arising out of, or relating to Investor expressly for use in connection with such registration:
(ai) any untrue statement or alleged untrue statement of a material fact contained in the Registration Statement for the such registration of the Shares as originally filed statement, including any preliminary prospectus or in final prospectus contained therein or any amendment thereof, amendments or in any related prospectus, or in any amendment thereof or supplement supplements thereto, or arise out of or are based upon the ; or
(ii) omission or alleged omission to state therein a material fact required to be stated therein therein, or necessary to make the statements therein not misleading, and the Investor shall reimburse any legal or other expenses reasonably incurred by the Company or any such director, officer, controlling Person or underwriter in connection with investigating or defending any such loss, claim, damage, liability or action; provided, however, that the Investor will only be liable for written information relating indemnity agreement contained in this Section 3.7(b) shall not apply to the Investor furnished to the Company by or on behalf amounts paid in settlement of the Investor specifically for inclusion in the documents referred to in the foregoing indemnity, and will not be liable in any such case to the extent that any such loss, claim, damage damage, liability or liability arises out of or action if such settlement is based upon any such untrue statement or alleged untrue statement or omission or alleged omission made therein in reliance upon and in conformity with written information furnished to effected without the Investor by or on behalf consent of the Company specifically Investor, which consent shall not be unreasonably withheld; and provided, further, that except for inclusion therein; (bliability for willful fraud or misrepresentation, in no event shall any indemnity under this Section 3.7(b) any misrepresentation or breach of any representation or warranty made exceed the net proceeds received by the Investor in this Agreement or any instrument or document contemplated hereby or thereby executed by the Investor; or (c) any breach of any covenant, agreement or obligation of the Investor contained in this Agreement or any other certificate, instrument or document contemplated hereby or thereby executed by the Investor. To the extent that the foregoing undertaking by the Investor may be unenforceable under Applicable Laws, the Investor shall make the maximum contribution to the payment and satisfaction of each of the Indemnified Liabilities, which is permissible under Applicable Lawssuch registration.
Appears in 2 contracts
Samples: Investor Registration Rights Agreement (Ctrip Com International LTD), Investor and Registration Rights Agreement (China Lodging Group, LTD)
Indemnification by the Investor. In consideration of (a) After the Company’s execution and delivery of this AgreementClosing, and in addition subject to all of the Investor’s other obligations under this AgreementSections 5.2(b), 5.3 and 5.4, the Investor shall defendindemnify, protect, indemnify defend and hold harmless to the fullest extent permitted by Law the Company and all of its Affiliates and their respective successors and assigns, officers, directors, shareholderspartners, members and employees and agents (including, without limitation, those retained in connection with the transactions contemplated by this Agreement) and each person who controls the Investor within the meaning of Section 15 of the Securities Act or Section 20 of the Exchange Act (collectively, the “Company IndemniteesIndemnified Parties”) from against, and against reimburse any and all Indemnified Liabilities incurred by of the Company Indemnitees Indemnified Parties for, all Losses that the Company Indemnified Parties may at any time suffer or any of them incur, or become subject to, as a result of, or arising out of, or relating to (a) any untrue statement or alleged untrue statement of a material fact contained in the Registration Statement for the registration of the Shares as originally filed or in any amendment thereof, or in any related prospectus, or in any amendment thereof or supplement thereto, or arise out of or are based upon connection with (1) the omission or alleged omission to state therein a material fact required to be stated therein or necessary to make the statements therein not misleading; provided, however, that the Investor will only be liable for written information relating to the Investor furnished to the Company by or on behalf of the Investor specifically for inclusion in the documents referred to in the foregoing indemnity, and will not be liable in any such case to the extent that any such loss, claim, damage or liability arises out of or is based upon any such untrue statement or alleged untrue statement or omission or alleged omission made therein in reliance upon and in conformity with written information furnished to the Investor by or on behalf of the Company specifically for inclusion therein; (b) any misrepresentation inaccuracy or breach of any representation or warranty made by the Investor in this Agreement or any instrument or document contemplated hereby or thereby executed by the Investor; certificate delivered pursuant hereto or (c2) any breach or failure by such Investor to perform any of any covenant, agreement its covenants or obligation of the Investor agreements contained in this Agreement or any other certificate, instrument or document contemplated hereby or thereby executed by Agreement.
(b) Notwithstanding anything to the Investor. To the extent that the foregoing undertaking by the Investor may be unenforceable under Applicable Lawscontrary contained herein, the Investor shall make not be required to indemnify, defend or hold harmless any of the maximum contribution Company Indemnified Parties against, or reimburse any of the Company Indemnified Parties for any Losses pursuant to Section 5.2(a)(1) (other than Losses arising out of the inaccuracy or breach of any Investor Specified Representations) (i) with respect to any claim (or series of related claims arising from the same underlying facts, events or circumstances) unless such claim (or series of related claims arising from the same underlying facts, events or circumstances) involves Losses in excess of the De Minimis Amount (nor shall any such claim or series of related claims that do not meet the De Minimis Amount be applied to or considered for purposes of calculating the aggregate amount of the Losses by any of the Company Indemnified Parties for which the Investor has responsibility under clause (ii) of this Section 5.2(b)); and (ii) until the aggregate amount of the Company Indemnified Parties’ Losses for which the Company Indemnified Parties are finally determined to be otherwise entitled to indemnification under Section 5.2(a) exceeds the Deductible, after which the Investor shall be obligated for all of the Company Indemnified Parties’ Losses for which the Company Indemnified Parties are finally determined to be otherwise entitled to indemnification under Section 5.2(a)(1) that are in excess of such Deductible. Notwithstanding anything to the payment and satisfaction of each contrary contained herein, the Investor shall not be required to indemnify, defend or hold harmless the Company Indemnified Parties against, or reimburse the Company Indemnified Parties for, any Losses pursuant to Section 5.2(a)(1) in a cumulative aggregate amount exceeding the aggregate purchase paid by the Investor to the Company pursuant to Section 1.1 hereof (other than Losses arising out of the Indemnified Liabilitiesinaccuracy or breach of any of the Investor Specified Representations).
(c) For purposes of Section 5.2(a), which is permissible under Applicable Lawsin determining whether there has been a breach of a representation or warranty, the parties hereto shall ignore any “materiality” or similar qualifications.
Appears in 2 contracts
Samples: Subscription Agreement (FNB United Corp.), Subscription Agreement (FNB United Corp.)
Indemnification by the Investor. In consideration of the Company’s execution and delivery of this Agreement, and in addition The Investor agrees to all of the Investor’s other obligations under this Agreement, the Investor shall defend, protect, indemnify and hold harmless the Company and all of its officers, directors, shareholders, employees and agents (including, without limitation, those retained in connection with the transactions contemplated by this Agreement) and each person person, if any, who controls the Investor Company within the meaning of Section 15 of the Securities Act or Section 20 of the Exchange Act (collectively1934 Act, each officer of the “Company Indemnitees”) who signs the Registration Statement and each director of the Company), from and against any and all Indemnified Liabilities incurred by losses, claims, damages or liabilities to which the Company Indemnitees (or any of them such officer, director or controlling person) may become subject (under the Securities Act or otherwise), insofar as a result ofsuch losses, claims, damages or arising liabilities (or actions or proceedings in respect thereof) arise out of, or relating to (a) are based upon, any untrue statement or alleged untrue statement of a material fact contained in the Registration Statement for the registration of the Shares as originally filed or in any amendment thereof, or in any related prospectus, or in any amendment thereof or supplement thereto, or arise out of or are based upon the omission or alleged omission to state therein a material fact required to be stated therein or necessary to make the statements therein therein, in light of the circumstances under which they were made, not misleading; providedmisleading in each case, howeveron the effective date thereof, that the Investor will only be liable for written information relating if, and to the Investor furnished to the Company by or on behalf of the Investor specifically for inclusion in the documents referred to in the foregoing indemnityextent, and will not be liable in any such case to the extent that any such loss, claim, damage or liability arises out of or is based upon any such untrue statement or omission or alleged untrue statement or omission or alleged omission was made therein in reliance upon and in conformity with written information furnished to the Investor by or on behalf of the Company Investor specifically for inclusion thereinuse in preparation of the Registration Statement, and such Investor will reimburse the Company (and each of its officers, directors or controlling persons) for any legal or other expenses reasonably incurred in investigating, defending or preparing to defend any such action, proceeding or claim; (bprovided, however, that in no event shall any indemnity under this Section 8.2(b) any misrepresentation or breach of any representation or warranty made by be greater in amount than the net proceeds to the Investor in this Agreement or any instrument or document contemplated hereby or thereby executed by the Investor; or (c) any breach of any covenant, agreement or obligation as a result of the Investor contained in this Agreement or any other certificate, instrument or document contemplated hereby or thereby executed by the Investor. To the extent that the foregoing undertaking by the Investor may be unenforceable under Applicable Laws, the Investor shall make the maximum contribution sale of Registrable Securities pursuant to the payment and satisfaction of each of the Indemnified Liabilities, which is permissible under Applicable Lawssuch Registration Statement.
Appears in 2 contracts
Samples: Securities Purchase Agreement (As Seen on TV, Inc.), Securities Purchase Agreement (As Seen on TV, Inc.)
Indemnification by the Investor. In consideration of the Company’s execution and delivery of this Agreement, and in addition The Investor hereby agrees to all of the Investor’s other obligations under this Agreement, the Investor shall defend, protect, indemnify and hold harmless the Company and all of Company, its officers, directors, shareholders, employees and agents (including, without limitation, those retained in connection with the transactions contemplated by this Agreement) directors and each person Person who controls the Investor Company within the meaning of Section 15 of the Securities Act, from and against, and agrees to reimburse the Company, its officers, directors and controlling Persons with respect to, any and all claims, actions, demands, losses, damages, liabilities, costs or expenses to which the Company, its officers, directors or such controlling Persons may become subject under the Securities Act or Section 20 of the Exchange Act (collectivelyotherwise, the “Company Indemnitees”) from and against any and all Indemnified Liabilities incurred insofar as such claims, actions, demands, losses, damages, liabilities, costs or expenses are caused by the Company Indemnitees or any of them as a result of, or arising out of, or relating to (a) any untrue statement or alleged untrue statement of a any material fact contained in a registration statement that includes the Registration Statement for the registration Registrable Securities of the Shares as originally filed Investor, any prospectus contained therein or in any amendment thereof, or in any related prospectus, or in any amendment thereof or supplement thereto, or arise out of or are based upon caused by the omission or the alleged omission to state therein a material fact required to be stated therein or necessary to make the statements therein therein, in light of the circumstances in which they were made, not misleading; provided, however, that the Investor will only be liable for written information relating to the Investor furnished to the Company by or on behalf of the Investor specifically for inclusion in the documents referred to in the foregoing indemnity, and will not be liable in any such each case to the extent extent, but only to the extent, that any such loss, claim, damage or liability arises out of or is based upon any such untrue statement or alleged untrue statement or omission or alleged omission was so made therein in reliance upon and in strict conformity with written information furnished to the Investor by or on behalf of the Company specifically for inclusion therein; (b) any misrepresentation or breach of any representation or warranty made by the Investor specifically for use in this Agreement or any instrument or document contemplated hereby or thereby executed by the Investor; or (c) any breach of any covenant, agreement or obligation of preparation thereof. Notwithstanding the Investor contained in this Agreement or any other certificate, instrument or document contemplated hereby or thereby executed by the Investor. To the extent that the foregoing undertaking by the Investor may be unenforceable under Applicable Lawsforegoing, the Investor shall make be obligated hereunder to pay no more than the maximum contribution to the payment and satisfaction net proceeds realized by it upon its sale of each of the Indemnified Liabilities, which is permissible under Applicable LawsRegistrable Securities included in such registration statement.
Appears in 2 contracts
Samples: Stock and Warrant Purchase Agreement (Princeton Video Image Inc), Stock and Warrant Purchase Agreement (Princeton Video Image Inc)
Indemnification by the Investor. In consideration of To the Company’s execution and delivery of this Agreement, and in addition to all of the Investor’s other obligations under this Agreementextent permitted by law, the Investor shall defend(severally but not jointly with its Permitted Transferees, protectif applicable) shall, if Registrable Securities held by the Investor (and/or its Permitted Transferees, if applicable) are included in the securities as to which such registration, qualifications or compliance is being effected, indemnify and hold harmless the Company and all Company, each of its officers, directors, shareholderseach of its officers who has signed the Registration Statement, employees and agents (includingeach Person, without limitationif any, those retained in connection with the transactions contemplated by this Agreement) and each person who controls the Investor Company within the meaning of Section 15 of the Securities Act and any underwriter, against any losses, claims, damages or Section 20 of liabilities (joint or several) to which the Company or any such director, officer, legal counsel, controlling Person underwriter may become subject under the Securities Act, the Exchange Act or other United States federal or state law, insofar as such losses, claims, damages or liabilities (collectivelyor actions in respect thereto) arise out of or are based upon any of the following statements, omissions or Violations, in each case to the “Company Indemnitees”extent (and only to the extent) from that such statement, omission or Violation occurs in sole reliance upon and against any and all Indemnified Liabilities incurred in conformity with written information furnished by the Company Indemnitees or any of them as a result ofInvestor (and/or its Permitted Transferees, or arising out of, or relating to if applicable) expressly for use in connection with such registration: (ai) any untrue statement or alleged untrue statement of a material fact contained in the such Registration Statement for the registration of the Shares as originally filed Statement, including any preliminary prospectus or in final prospectus contained therein or any amendment thereof, amendments or in any related prospectus, supplements thereto; or in any amendment thereof or supplement thereto, or arise out of or are based upon the 11 (ii) omission or alleged omission to state therein a material fact required to be stated therein therein, or necessary to make the statements therein not misleading; provided, however, that the Investor will only be liable for written information relating to the Investor furnished to the Company by or on behalf of the Investor specifically for inclusion in the documents referred to in the foregoing indemnity, and will not be liable in any such case to the extent that any such loss, claim, damage or liability arises out of or is based upon any such untrue statement or alleged untrue statement or omission or alleged omission made therein in reliance upon and in conformity with written information furnished to the Investor by or on behalf of the Company specifically for inclusion therein; (b) any misrepresentation or breach of any representation or warranty made by the Investor in this Agreement or any instrument or document contemplated hereby or thereby executed by the Investor; or (c) any breach of any covenant, agreement or obligation of the Investor contained in this Agreement or any other certificate, instrument or document contemplated hereby or thereby executed by the Investor. To the extent that the foregoing undertaking by the Investor may be unenforceable under Applicable Laws, the Investor shall make the maximum contribution to the payment and satisfaction of each of the Indemnified Liabilities, which is permissible under Applicable Laws.,
Appears in 2 contracts
Samples: Registration Rights Agreement (Naspers LTD), Share Purchase Agreement (Naspers LTD)
Indemnification by the Investor. In consideration of (a) After the Company’s execution and delivery of this AgreementClosing, and in addition subject to all of the Investor’s other obligations under this AgreementSections 5.3 and 5.4, the Investor shall defendindemnify, protect, indemnify defend and hold harmless to the fullest extent permitted by Law the Company and all of its Affiliates and their respective successors and assigns, officers, directors, shareholderspartners, members and employees (the “Company Indemnified Parties”) against, and agents (includingreimburse any of the Company Indemnified Parties for, without limitationall Losses that the Company Indemnified Parties may at any time suffer or incur, those retained or become subject to, as a result of or in connection with (1) the transactions contemplated by this Agreement) and each person who controls the Investor within the meaning of Section 15 of the Securities Act or Section 20 of the Exchange Act (collectively, the “Company Indemnitees”) from and against any and all Indemnified Liabilities incurred by the Company Indemnitees or any of them as a result of, or arising out of, or relating to (a) any untrue statement or alleged untrue statement of a material fact contained in the Registration Statement for the registration of the Shares as originally filed or in any amendment thereof, or in any related prospectus, or in any amendment thereof or supplement thereto, or arise out of or are based upon the omission or alleged omission to state therein a material fact required to be stated therein or necessary to make the statements therein not misleading; provided, however, that the Investor will only be liable for written information relating to the Investor furnished to the Company by or on behalf of the Investor specifically for inclusion in the documents referred to in the foregoing indemnity, and will not be liable in any such case to the extent that any such loss, claim, damage or liability arises out of or is based upon any such untrue statement or alleged untrue statement or omission or alleged omission made therein in reliance upon and in conformity with written information furnished to the Investor by or on behalf of the Company specifically for inclusion therein; (b) any misrepresentation inaccuracy or breach of any representation or warranty made by the Investor in this Agreement or any instrument or document contemplated hereby or thereby executed by the Investor; certificate delivered pursuant hereto or (c2) any breach or failure by such Investor to perform any of any covenant, agreement its covenants or obligation of the Investor agreements contained in this Agreement or any other certificate, instrument or document contemplated hereby or thereby executed by Agreement.
(b) Notwithstanding anything to the Investor. To the extent that the foregoing undertaking by the Investor may be unenforceable under Applicable Lawscontrary contained herein, the Investor shall make not be required to indemnify, defend or hold harmless any of the maximum contribution Company Indemnified Parties against, or reimburse any of the Company Indemnified Parties for any Losses pursuant to Section 5.2(a)(1) (other than Losses arising out of the inaccuracy or breach of any Investor Specified Representations) (i) with respect to any claim (or series of related claims arising from the same underlying facts, events or circumstances) unless such claim (or series of related claims arising from the same underlying facts, events or circumstances) involves Losses in excess of the De Minimis Amount (nor shall any such claim or series of related claims that do not meet the De Minimis Amount be applied to or considered for purposes of calculating the aggregate amount of the Losses by any of the Company Indemnified Parties for which the Investor has responsibility under clause (ii) of this Section 5.2(b)); and (ii) until the aggregate amount of the Company Indemnified Parties’ Losses for which the Company Indemnified Parties are finally determined to be otherwise entitled to indemnification under Section 5.2(a) exceeds the Deductible, after which the Investor shall be obligated for all of the Company Indemnified Parties’ Losses for which the Company Indemnified Parties are finally determined to be otherwise entitled to indemnification under Section 5.2(a)(1) that are in excess of such Deductible. Notwithstanding anything to the payment and satisfaction of each contrary contained herein, the Investor shall not be required to indemnify, defend or hold harmless the Company Indemnified Parties against, or reimburse the Company Indemnified Parties for, any Losses pursuant to Section 5.2(a)(1) in a cumulative aggregate amount exceeding the aggregate purchase paid by the Investor to the Company pursuant to Section 1.1 hereof (other than Losses arising out of the Indemnified Liabilitiesinaccuracy or breach of any of the Investor Specified Representations).
(c) For purposes of Section 5.2(a), which is permissible under Applicable Lawsin determining whether there has been a breach of a representation or warranty, the parties hereto shall ignore any “materiality” or similar qualifications.
Appears in 2 contracts
Samples: Investment Agreement (FNB United Corp.), Investment Agreement (FNB United Corp.)
Indemnification by the Investor. In consideration of the Company’s execution and delivery of this Agreement, and in addition The Investor agrees to all of the Investor’s other obligations under this Agreement, the Investor shall defend, protect, indemnify and hold harmless the Company and all of its officers, directors, shareholders, employees and agents (including, without limitation, those retained in connection with the transactions contemplated by this Agreement) and each person person, if any, who controls the Investor Company within the meaning of Section 15 of the Securities Act or Section 20 of the Exchange Act (collectively1934 Act, each officer of the “Company Indemnitees”) who signs the Registration Statement and each director of the Company), from and against any and all Indemnified Liabilities incurred by losses, claims, damages or liabilities to which the Company Indemnitees (or any of them such officer, director or controlling person) may become subject (under the Securities Act or otherwise), insofar as a result ofsuch losses, claims, damages or arising liabilities (or actions or proceedings in respect thereof) arise out of, or relating to (a) are based upon, any untrue statement or alleged untrue statement of a material fact contained in the Registration Statement for the registration of the Shares as originally filed or in any amendment thereof, or in any related prospectus, or in any amendment thereof or supplement thereto, or arise out of or are based upon the omission or alleged omission to state therein a material fact required to be stated therein or necessary to make the statements therein therein, in light of the circumstances under which they were made, not misleading; providedmisleading in each case, howeveron the effective date thereof, that the Investor will only be liable for written information relating if, and to the Investor furnished to the Company by or on behalf of the Investor specifically for inclusion in the documents referred to in the foregoing indemnityextent, and will not be liable in any such case to the extent that any such loss, claim, damage or liability arises out of or is based upon any such untrue statement or omission or alleged untrue statement or omission or alleged omission was made therein in reliance upon and in conformity with written information furnished to the Investor by or on behalf of the Company Investor specifically for inclusion thereinuse in preparation of the Registration Statement, and such Investor will reimburse the Company (and each of its officers, directors or controlling persons) for any legal or other expenses reasonably incurred in investigating, defending or preparing to defend any such action, proceeding or claim; (bprovided, however, that in no event shall any indemnity under this Section 7(b)(ii) any misrepresentation or breach of any representation or warranty made by be greater in amount than the net proceeds to the Investor in this Agreement or any instrument or document contemplated hereby or thereby executed by the Investor; or (c) any breach of any covenant, agreement or obligation as a result of the Investor contained in this Agreement or any other certificate, instrument or document contemplated hereby or thereby executed by the Investor. To the extent that the foregoing undertaking by the Investor may be unenforceable under Applicable Laws, the Investor shall make the maximum contribution sale of Registrable Securities pursuant to the payment and satisfaction of each of the Indemnified Liabilities, which is permissible under Applicable Lawssuch Registration Statement.
Appears in 2 contracts
Samples: Securities Purchase Agreement (As Seen on TV, Inc.), Securities Purchase Agreement (H & H Imports, Inc.)
Indemnification by the Investor. In consideration of the Company’s execution and delivery of this Agreement, and in addition The Investor agrees to all of the Investor’s other obligations under this Agreement, the Investor shall defend, protect, indemnify and hold harmless harmless, to the Company and all of fullest extent permitted by law, the Company, its directors, officers, directorsemployees, shareholders, employees and agents (including, without limitation, those retained in connection with the transactions contemplated by this Agreement) stockholders and each person who controls the Investor Company (within the meaning of Section 15 the 0000 Xxx) against any losses, claims, damages, liabilities and expense (including reasonable attorney fees) resulting from (i) the Investor’s failure to comply with the prospectus delivery requirements of the Securities Act at any time when the Company does not meet the conditions for use of Rule 172, has advised the Investor in writing that the Company does not meet such conditions and that therefore the Investor is required to deliver a Prospectus in connection with any sale or Section 20 other disposition of Registrable Securities and has provided the Exchange Act Investor with a current Prospectus for such use, (collectively, ii) the “Company Indemnitees”) from and against any and all Indemnified Liabilities incurred use by the Investor of an outdated or defective Prospectus after the Company Indemnitees has notified the Investor that such Prospectus is outdated or any defective and the use of them as a result ofcorrected or updated Prospectus would have avoided such losses, claims, damages, liabilities or arising out ofexpenses, or relating to and (aiii) any untrue statement or alleged untrue statement of a material fact contained in the Registration Statement for the registration or any omission of the Shares as originally filed or in any amendment thereof, or in any related prospectus, or in any amendment thereof or supplement thereto, or arise out of or are based upon the omission or alleged omission to state therein a material fact required to be stated therein in the Registration Statement or Prospectus or preliminary Prospectus or amendment or supplement thereto or necessary to make the statements therein not misleading; provided, howeverto the extent, but only to the extent, that the Investor will only be liable for written information relating to the Investor furnished to the Company by or on behalf of the Investor specifically for inclusion in the documents referred to in the foregoing indemnity, and will not be liable in any such case to the extent that any such loss, claim, damage or liability arises out of or is based upon any such untrue statement or alleged untrue statement or omission or alleged omission made therein is contained in reliance upon and in conformity with written any information furnished to in writing by the Investor by or on behalf of to the Company specifically for inclusion therein; in such Registration Statement or Prospectus or amendment or supplement thereto. In no event shall the liability of the Investor be greater in amount than the dollar amount of the proceeds (b) any misrepresentation or breach net of any representation or warranty made all expense paid by the Investor in connection with any claim relating to this Agreement or any instrument or document contemplated hereby or thereby executed by Section 6 and the Investor; or (c) any breach amount of any covenant, agreement or obligation of damages the Investor contained in this Agreement has otherwise been required to pay by reason of such untrue statement or any other certificate, instrument or document contemplated hereby or thereby executed by the Investor. To the extent that the foregoing undertaking omission) received by the Investor may be unenforceable under Applicable Laws, upon the Investor shall make the maximum contribution to the payment and satisfaction of each sale of the Indemnified Liabilities, which is permissible under Applicable LawsRegistrable Securities included in the Registration Statement giving rise to such indemnification obligation.
Appears in 2 contracts
Samples: Registration Rights Agreement (Magellan Petroleum Corp /De/), Registration Rights Agreement (Magellan Petroleum Corp /De/)
Indemnification by the Investor. In consideration To the fullest extent permitted by applicable law, the Investor will, if Registrable Securities held by it are included in the securities as to which such registration, qualification or compliance is being effected, severally, but not jointly, indemnify the Company, each of its directors and officers and each underwriter of the Company’s execution and delivery of this Agreementsecurities covered by a Registration Statement, if any, and in addition to all of the Investor’s other obligations under this Agreement, the Investor shall defend, protect, indemnify and hold harmless the Company and all of its officers, directors, shareholders, employees and agents (including, without limitation, those retained in connection with the transactions contemplated by this Agreement) and each person Person who controls the Investor Company or such underwriter within the meaning of Section 15 of the Securities Act or Section 20 of the Exchange Act Act, against all claims, losses, damages and liabilities (collectively, the “Company Indemnitees”or actions in respect thereof) from and against any and all Indemnified Liabilities incurred by the Company Indemnitees or any of them as a result of, or arising out of, of or relating to based on: (ai) any untrue statement (or alleged untrue statement statement) of a material fact contained in the any such Registration Statement for the registration of the Shares as originally filed Statement, including any preliminary or in final prospectus contained therein and any amendment thereof, amendments or in any related prospectus, or in any amendment thereof or supplement supplements thereto, made by the Investor; or arise out of or are based upon the (ii) any omission (or alleged omission omission) to state therein a material fact required to be stated therein or necessary to make the statements by the Investor therein not misleading; provided, however, that the Investor will only be liable for written information relating to the Investor furnished to the Company by or on behalf of the Investor specifically for inclusion in the documents referred to in the foregoing indemnity, and will not be liable reimburse the Company and such directors, officers, underwriters or control persons for any legal or any other expenses reasonably incurred in connection with investigating or defending any such claim, loss, damage, liability or action, in each case to the extent extent, but only to the extent, that any such loss, claim, damage or liability arises out of or is based upon any such untrue statement or omission (or alleged untrue statement or omission omission) is made in such Registration Statement, including any preliminary or alleged omission made final prospectus contained therein and any amendments or supplements thereto, in reliance upon and in conformity with written information furnished to the Investor by or on behalf of the Company specifically for inclusion therein; (b) any misrepresentation or breach of any representation or warranty made by the Investor and stated to be specifically for use therein; provided, however, that the obligations of the Investor hereunder shall be limited to an amount equal to the net proceeds that the Investor received by sale of securities as contemplated herein, except in this Agreement the case of fraud or any instrument or document contemplated hereby or thereby executed gross negligence by the Investor; or (c) any breach , and that the indemnity agreement contained in this Section 4.7 shall not apply to amounts paid in settlement of any covenantsuch loss, agreement claim, damage, liability or obligation action if such settlement is effected without the consent of the Investor contained in this Agreement or any other certificate, instrument or document contemplated hereby or thereby executed by the Investor. To the extent that the foregoing undertaking by the Investor may be unenforceable under Applicable Laws, the Investor shall make the maximum contribution to the payment and satisfaction of each of the Indemnified Liabilities, which is permissible under Applicable Lawsat its sole discretion.
Appears in 2 contracts
Samples: Investor Rights Agreement (ADT Inc.), Securities Purchase Agreement (ADT Inc.)
Indemnification by the Investor. In consideration of To the Company’s execution and delivery of this Agreement, and in addition to all of the Investor’s other obligations under this Agreementextent permitted by law, the Investor shall defendshall, protectif any Registrable Securities are included in the securities as to which such Registration, qualifications or compliance is being effected, indemnify and hold harmless the Company, each of its employees, advisors, agents and directors, each of its officers who has signed the Registration Statement, each Person, if any, who controls the Company within the meaning of the Securities Act and all any underwriter, against any losses, claims, damages or liabilities (joint or several; or actions, proceedings or settlements in respect thereof) to which the Company or any such director, officer, legal counsel, controlling Person underwriter may become subject under the Securities Act, the Exchange Act or other United States federal or state law, insofar as such losses, claims, damages or liabilities (or actions, proceedings or settlements in respect thereof) arise out of or are based upon any of the following statements, omissions or Violation, in each case to the extent (and only to the extent) that such statement, omission or Violation occurs in sole reliance upon and in conformity with written information concerning the Investor furnished by the Investor or its officers, directors, shareholdersemployees, employees and agents (includingadvisors, without limitationagents, those retained underwriters or controlling Persons expressly for use in connection with the transactions contemplated by this Agreementsuch Registration:
(i) and each person who controls the Investor within the meaning of Section 15 of the Securities Act or Section 20 of the Exchange Act (collectively, the “Company Indemnitees”) from and against any and all Indemnified Liabilities incurred by the Company Indemnitees or any of them as a result of, or arising out of, or relating to (a) any untrue statement or alleged untrue statement of a material fact contained in the such Registration Statement for the registration of the Shares as originally filed Statement, including any preliminary prospectus or in final prospectus contained therein or any amendment thereof, amendments or in any related prospectus, or in any amendment thereof or supplement supplements thereto, or arise out of or are based upon the ; or
(ii) omission or alleged omission to state therein a material fact required to be stated therein therein, or necessary to make the statements therein therein, in light of the circumstances in which they are made, not misleading, and the Investor shall reimburse any legal or other expenses reasonably incurred by the Company or any such employee, advisor, agent, director, officer, controlling Person or underwriter in connection with investigating or defending any such loss, claim, damage, liability, action or proceeding; provided, however, that the Investor will only be liable for written information relating indemnity agreement contained in this Section 2.6(b) shall not apply to the Investor furnished to the Company by or on behalf amounts paid in settlement of the Investor specifically for inclusion in the documents referred to in the foregoing indemnity, and will not be liable in any such case to the extent that any such loss, claim, damage damage, liability, action or liability arises out of or proceeding if such settlement is based upon any such untrue statement or alleged untrue statement or omission or alleged omission made therein in reliance upon and in conformity with written information furnished to effected without the Investor by or on behalf consent of the Company specifically Investor, which consent shall not be unreasonably withheld; and provided, further, that except for inclusion therein; (bliability for willful fraud or misrepresentation, in no event shall any indemnity under this Section 2.6(b) any misrepresentation or breach of any representation or warranty made exceed the net proceeds received by the Investor in this Agreement or any instrument or document contemplated hereby or thereby executed by the Investor; or (c) any breach of any covenant, agreement or obligation of the Investor contained in this Agreement or any other certificate, instrument or document contemplated hereby or thereby executed by the Investor. To the extent that the foregoing undertaking by the Investor may be unenforceable under Applicable Laws, the Investor shall make the maximum contribution to the payment and satisfaction of each of the Indemnified Liabilities, which is permissible under Applicable Lawssuch Registration.
Appears in 2 contracts
Samples: Registration Rights Agreement (Zhaopin LTD), Registration Rights Agreement (Zhaopin LTD)
Indemnification by the Investor. In consideration of the Company’s execution and delivery of this Agreement, and in addition to all of the Investor’s other obligations under this Agreement, the Investor shall defend, protect, indemnify and hold harmless the (a) The Company and all of its Affiliates, officers, directors, shareholdersemployees, employees agents, successors and agents assigns (includingeach a “Company Indemnified Party”) shall be indemnified and held harmless by the Investor for and against any and all Losses, without limitationarising out of or resulting from (i) the breach of any representation or warranty, those retained covenant or agreement made by the Investor contained in any Indemnifiable Document or (ii) a Claim by third parties with respect to any violation by the Investor of any federal or state securities laws in connection with the transactions contemplated by any Indemnifiable Document. To the extent that the Investor’s undertakings set forth in this Agreement) and each person who controls Section 8.03 may be unenforceable, the Investor within shall contribute the meaning maximum amount that it is permitted to contribute under applicable Law to the payment and satisfaction of Section 15 of the Securities Act or Section 20 of the Exchange Act (collectively, the “Company Indemnitees”) from and against any and all Indemnified Liabilities Losses incurred by the Company Indemnitees Indemnified Parties.
(b) A Company Indemnified Party shall give the Investor notice of any matter which such Company Indemnified Party has determined has given or any could give rise to a right of them as a result ofindemnification under this Agreement, or arising out ofwithin ten (10) days of such determination, or relating to (a) any untrue statement or alleged untrue statement of a material fact contained in stating the Registration Statement for the registration amount of the Shares as originally filed or in any amendment Loss, if known, and method of computation thereof, and containing a reference to the provisions of the Indemnifiable Document in respect of which such right of indemnification is claimed or in any related prospectus, or in any amendment thereof or supplement thereto, or arise out arises. The obligations and liabilities of or are based the Investor under this Article VIII with respect to Losses arising from Third Party Claims shall be governed by and be contingent upon the omission or alleged omission to state therein following additional terms and conditions: if a material fact required to be stated therein or necessary to make Company Indemnified Party shall receive notice of any Third Party Claim, such Company Indemnified Party shall give the statements therein not misleadingInvestor notice of such Third Party Claim within ten (10) days of the receipt by the Company Indemnified Party of such notice; provided, however, that the Investor will only be liable for written information relating failure to provide such notice shall not release the Investor furnished to the Company by or on behalf from any of the Investor specifically for inclusion in the documents referred to in the foregoing indemnity, and will not be liable in any such case its obligations under this Article VIII except to the extent that the Investor is actually prejudiced by such failure and shall not relieve the Investor from any other obligation or liability that it may have to any Company Indemnified Party otherwise than under this Article VIII. If the Investor acknowledges in writing its obligation to indemnify a Company Indemnified Party hereunder against any Losses that may result from such Third Party Claim, then the Investor shall be entitled to assume and control the defense of such Third Party Claim at its expense and through counsel of its choice if it gives notice of its intention to do so to such Company Indemnified Party within five (5) days of the receipt of such notice from the Company Indemnified Party; provided, however, that if there exists or is reasonably likely to exist a conflict of interest that would make it inappropriate for the same counsel to represent both the Company Indemnified Party and the Investor, then the Company Indemnified Party shall be entitled to retain its own counsel, in each jurisdiction for which the Company Indemnified Party determines counsel is required, at the expense of the Investor. In the event that the Investor exercises the right to undertake any such loss, claim, damage or liability arises out of or is based upon defense against any such untrue statement or alleged untrue statement or omission or alleged omission made therein in reliance upon and in conformity with written information furnished to the Investor by or on behalf of Third Party Claim as provided above, the Company specifically for inclusion therein; (b) any misrepresentation or breach of any representation or warranty made by Indemnified Party shall cooperate with the Investor in this Agreement or any instrument or document contemplated hereby or thereby executed by such defense and make available to the Investor; , at the Investor’s expense, all witnesses, pertinent records, materials and information in the Company Indemnified Party’s possession or (c) any breach of any covenant, agreement or obligation of under the Investor contained in this Agreement or any other certificate, instrument or document contemplated hereby or thereby executed Company Indemnified Party’s control relating thereto as is reasonably required by the Investor. To Similarly, in the extent that event the foregoing undertaking by Company Indemnified Party is, directly or indirectly, conducting the Investor may be unenforceable under Applicable Lawsdefense against any such Third Party Claim, the Investor shall cooperate with the Company Indemnified Party in such defense and make the maximum contribution available to the payment Company Indemnified Party, at the Investor’s expense, all such witnesses, records, materials and satisfaction of each information in the Investor’s possession or under the Investor’s control relating thereto as is reasonably required by the Company Indemnified Party. No such Third Party Claim may be settled (i) by the Investor without the prior written consent of the Company Indemnified LiabilitiesParty unless such settlement requires only the payment of money damages for which the Investor has agreed to be responsible, which is permissible under Applicable Lawsor (ii) by the Company Indemnified Party without the prior written consent of the Investor.
Appears in 1 contract
Indemnification by the Investor. In consideration of the Company’s execution and delivery of this AgreementEach Investor agrees, and in addition severally but not jointly, to all of the Investor’s other obligations under this Agreement, the Investor shall defend, protect, indemnify and hold harmless harmless, to the Company and all of fullest extent permitted by law, the Company, its directors, officers, directorsemployees, shareholders, employees and agents (including, without limitation, those retained in connection with the transactions contemplated by this Agreement) shareholders and each person who controls the Investor Company (within the meaning of Section 15 of the Securities Act or Section 20 of the Exchange Act (collectively, the “Company Indemnitees”0000 Xxx) from and against any losses, claims, damages, liabilities and all Indemnified Liabilities incurred by the Company Indemnitees or expense (including reasonable attorney fees) resulting from any of them as a result of, or arising out of, or relating to (a) any untrue statement or alleged untrue statement of a material fact contained in the Registration Statement for the registration or any omission of the Shares as originally filed or in any amendment thereof, or in any related prospectus, or in any amendment thereof or supplement thereto, or arise out of or are based upon the omission or alleged omission to state therein a material fact required to be stated therein in the Registration Statement or Prospectus or preliminary prospectus or amendment or supplement thereto or necessary to make the statements therein not misleading; provided, however, that the Investor will only be liable for written information relating to the Investor furnished to the Company by or on behalf of the Investor specifically for inclusion in the documents referred to in the foregoing indemnity, and will not be liable in any such case to the extent that any such loss, claim, damage or liability arises out of or is based upon any such untrue statement or alleged untrue statement or omission or alleged omission made therein is contained in reliance upon and in conformity with written any information furnished to in writing by the Investor by or on behalf of to the Company specifically for inclusion therein; (b) any misrepresentation in such Registration Statement or breach Prospectus or amendment or supplement thereto, or to the extent that such information relates to such Investor’s proposed method of any representation or warranty made distribution of Registrable Securities and was reviewed and approved by the Investor for use in the Registration Statement (it being understood that the Investor has approved Exhibit A hereto for this Agreement purpose), such Prospectus or such form of Prospectus or in any instrument amendment or document contemplated hereby supplement thereto, or thereby executed in the case of an occurrence of an Allowed Delay or an event of the type specified in Section 3(g), the use by the Investor; Investor of an outdated or (c) any breach defective Prospectus after the Company has notified the Investor in writing that the Prospectus is outdated or defective and prior to the receipt by the Investor of any covenantan amended or supplemented Prospectus, agreement but only if and to the extent that following the receipt of the amended or obligation supplemented Prospectus the misstatement or omission giving rise to such liability would have been corrected. In no event shall the liability of the Investor contained be greater in this Agreement amount than the dollar amount of the proceeds (net of any damages the Investor has otherwise been required to pay by reason of such untrue statement or any other certificate, instrument or document contemplated hereby or thereby executed omission by the Investor. To the extent that the foregoing undertaking Company) received by the Investor may be unenforceable under Applicable Laws, upon the Investor shall make the maximum contribution to the payment and satisfaction of each sale of the Indemnified Liabilities, which is permissible under Applicable LawsRegistrable Securities included in the Registration Statement giving rise to such indemnification obligation.
Appears in 1 contract
Samples: Registration Rights Agreement (Baywood International Inc)
Indemnification by the Investor. In consideration of the Company’s execution and delivery of this Agreement, and in addition to all of the Investor’s other obligations under this Agreement, the Investor shall defend, protect, indemnify and hold harmless the Company Company, its Subsidiaries and all of its and their officers, directors, shareholders, employees and agents (including, without limitation, those retained in connection with the transactions contemplated by this Agreement) and each person who controls the Investor Company within the meaning of Section 15 of the Securities Act or Section 20 of the Exchange Act (collectively, the “Company Indemnitees”) from and against any and all Indemnified Liabilities incurred by the Company Indemnitees or any of them as a result of, or arising out of, or relating to (a) any untrue statement or alleged untrue statement of a material fact contained in the Registration Statement for the registration of the Shares as originally filed or in any amendment thereof, or in any related prospectus, or in any amendment thereof or supplement thereto, or arise out of or are based upon the omission or alleged omission to state therein a material fact required to be stated therein or necessary to make the statements therein not misleading; provided, however, that the Investor will only be liable for written information relating to the Investor furnished to the Company by or on behalf of the Investor specifically for inclusion in the documents referred to in the foregoing indemnity, and will not be liable in any such case to the extent that any such loss, claim, damage or liability arises out of or is based upon any such untrue statement or alleged untrue statement or omission or alleged omission made therein in reliance upon and in conformity with written information furnished to the Investor by or on behalf of the Company specifically for inclusion therein; (b) any material misrepresentation or material breach of any representation or warranty made by the Investor in this Agreement or any instrument or document contemplated hereby or thereby executed by the Investor; or (c) any material breach of any covenant, agreement or obligation of the Investor contained in this Agreement or any other certificate, instrument or document contemplated hereby or thereby executed by the Investor. To the extent that the foregoing undertaking by the Investor may be unenforceable under Applicable Laws, the Investor shall make the maximum contribution to the payment and satisfaction of each of the Indemnified Liabilities, which is permissible under Applicable Laws.
Appears in 1 contract
Samples: Standby Equity Purchase Agreement (Baijiayun Group LTD)
Indemnification by the Investor. In consideration of the Company’s execution and delivery of this AgreementThe Investor will indemnify, and in addition to all of the Investor’s other obligations under this Agreement, the Investor shall defend, protect, indemnify defend and hold harmless the Company and all Company, each of its officers, directors, shareholders, employees and agents (including, without limitation, those retained in connection with each of its officers who sign the transactions contemplated by this Agreement) Registration Statement and each person person, if any, who controls the Investor Company within the meaning of Section 15 of the Securities Act or Section 20 of the Exchange Act (collectivelyAct, the “Company Indemnitees”) from and against any and all Indemnified Liabilities incurred by losses, claims, damages, liabilities or expenses to which the Company Indemnitees or any Company, each of them as a result ofits directors, or arising out of, or relating to (a) any untrue statement or alleged untrue statement each of a material fact contained in its officers who sign the Registration Statement for or each controlling person may become subject, under the registration of Securities Act, the Shares as originally filed or in any amendment thereofExchange Act, or any other federal or state statutory law or regulation insofar as such losses, claims, damages, liabilities or expenses (or actions in any related prospectus, or in any amendment respect thereof or supplement thereto, or as contemplated below) arise out of or are based upon (i) any failure on the part of the Investor to comply with the covenants and agreements contained in Sections 3.5 or 5.3 of this Agreement respecting the sale of the Shares or (ii) the inaccuracy of any representation or warranty made by the Investor in this Agreement or (iii) any untrue or alleged untrue statement of any material fact contained in the Registration Statement, the Prospectus, or any amendment or supplement to the Registration Statement or Prospectus, or the omission or alleged omission to state therein a material fact required to be stated therein or necessary to make the statements therein not misleading; provided, however, that the Investor will only be liable for written information relating to the Investor furnished to the Company by or on behalf of the Investor specifically for inclusion in the documents referred to in the foregoing indemnity, and will not be liable in any such each case to the extent extent, but only to the extent, that any such loss, claim, damage or liability arises out of or is based upon any such untrue statement or alleged untrue statement or omission or alleged omission was made therein in the Registration Statement, the Prospectus, or any amendment or supplement thereto, in reliance upon and in conformity with written information furnished to the Investor Company by or on behalf of the Company specifically Investor expressly for inclusion use therein; (b) any misrepresentation or breach of any representation or warranty made by the Investor in this Agreement or any instrument or document contemplated hereby or thereby executed by the Investor; or (c) any breach of any covenantprovided, agreement or obligation of the Investor contained in this Agreement or any other certificatehowever, instrument or document contemplated hereby or thereby executed by the Investor. To the extent that the foregoing undertaking by the Investor may be unenforceable under Applicable Laws, the Investor shall make not be liable for any such untrue or alleged untrue statement or omission or alleged omission of which the maximum contribution Investor has delivered to the payment Company in writing a correction at least five business days before the occurrence of the transaction from which such loss was incurred, and satisfaction of the Investor will reimburse the Company, each of its directors, each of its officers who signed the Indemnified LiabilitiesRegistration Statement and each controlling person for any legal and other expense reasonably incurred by the Company, each of its directors, each of its officers who signed the Registration Statement or each controlling person in connection with investigating, defending, settling, compromising or paying any such loss, claim, damage, liability, expense or action for which such person is permissible under Applicable Lawsentitled to be indemnified in accordance with this Section 5.4(b).
Appears in 1 contract
Samples: Securities Purchase Agreement (Appliance Recycling Centers of America Inc /Mn)
Indemnification by the Investor. In consideration of the Company’s execution and delivery of this Agreement, and in addition to all of the Investor’s other obligations under this Agreement, the The Investor shall defend, protect, indemnify and hold harmless the Company and all Company, each of its directors and officers, directors, shareholders, employees and agents (including, without limitation, those retained in connection with the transactions contemplated by this Agreement) and each person person, if any, who controls the Investor Company within the meaning of Section 15 of the Securities Act or Section 20 20(a) of the Exchange Act (collectively, the “Company Indemnitees”) from and against any all losses, claims, damages, liabilities and expenses (including reasonable costs of defense and investigation and all Indemnified Liabilities incurred attorneys fees) to which the Company and each such other person may become subject, under the Securities Act or otherwise, insofar as such losses, claims, damages, liabilities and expenses (or actions in respect thereof) arise out of or are based upon (i) any violation of law (including United States federal or state securities laws or the rules and regulations of the Principal Market) by the Company Indemnitees Investor or the Broker-Dealer or any of them as a result oftheir respective, affiliates, associates, representatives, agents, officers, directors or employees or any entity managed or controlled by the Investor in connection with the transactions contemplated by this Agreement, (ii) any breach by the Investor of this Agreement, or arising out of, or relating to (aiii) any untrue statement or alleged untrue statement of a material fact contained in the Registration Statement for the registration of the Shares as originally filed Current Report or in any amendment thereof, or in any related prospectusProspectus Supplement, or in any amendment thereof or supplement thereto, or arise out of or are based upon the any omission or alleged omission to state therein a material fact required to be stated therein or necessary to make the statements therein therein, in light of the circumstances under which they were made, not misleading; provided, howeverin each case, that to the extent, but only to the extent, the untrue statement, alleged untrue statement, omission or alleged omission was made in reliance upon, and in conformity with, written information furnished by the Investor will only be liable for written information relating to the Investor furnished to the Company by or on behalf of the Investor specifically expressly for inclusion in the documents referred to in the foregoing indemnityCurrent Report or such Prospectus Supplement, and will not be liable in any such case to the extent that any such loss, claim, damage or liability arises out of or is based upon any such untrue statement or alleged untrue statement or omission or alleged omission made therein in reliance upon and in conformity with written information furnished to the Investor by or on behalf of the Company specifically for inclusion therein; (b) any misrepresentation or breach of any representation or warranty made by the Investor in this Agreement or any instrument amendment thereof or document contemplated hereby or thereby executed by the Investor; or (c) any breach of any covenant, agreement or obligation of the Investor contained in this Agreement or any other certificate, instrument or document contemplated hereby or thereby executed by the Investorsupplement thereto. To the extent that the foregoing undertaking by the Investor may be unenforceable under Applicable LawsSubject to Section 8.2, the Investor shall make reimburse the maximum contribution Company and each such director, officer or controlling person promptly upon demand for all legal and other costs and expenses reasonably incurred by the Company or such indemnified persons in investigating, defending against, or preparing to the payment and satisfaction of each of the Indemnified Liabilitiesdefend against any such claim, action, suit or proceeding with respect to which it is permissible under Applicable Lawsentitled to indemnification.
Appears in 1 contract
Indemnification by the Investor. In consideration of the Company’s execution and delivery of this Agreement, and in addition (a) The Investor hereby agrees to all of the Investor’s other obligations under this Agreement, the Investor shall defend, protect, indemnify and hold harmless the Company and all of (including its officers, directors, shareholders, employees directors and agents (including, without limitation, those retained in connection with the transactions contemplated by this Agreementemployees) and each person who controls the Investor within the meaning of Section 15 of the Securities Act or Section 20 of the Exchange Act (collectively, the “Company Indemnitees”) from and its Affiliates against any and all Indemnified Liabilities incurred by the Company Indemnitees or any of them as a result of, Losses resulting from or arising out of, or relating to (a) any untrue statement or alleged untrue statement of a material fact contained in the Registration Statement for the registration of the Shares as originally filed or in any amendment thereof, or in any related prospectus, or in any amendment thereof or supplement thereto, or arise out of or are based upon the omission or alleged omission to state therein a material fact required to be stated therein or necessary to make the statements therein not misleading; provided, however, that the Investor will only be liable for written information relating to the Investor furnished to the Company by or on behalf of the Investor specifically for inclusion in the documents referred to in the foregoing indemnity, and will not be liable in any such case to the extent that any such loss, claim, damage or liability arises out of or is based upon any such untrue statement or alleged untrue statement or omission or alleged omission made therein in reliance upon and in conformity with written information furnished to the Investor by or on behalf of the Company specifically for inclusion therein; (b) any misrepresentation or breach inaccuracy of any representation or warranty made by or the Investor in this Agreement breach or any instrument or document contemplated hereby or thereby executed by the Investor; or (c) any breach non-performance of any covenant, covenant or agreement or obligation of the Investor contained in this Agreement Agreement.
(b) If any action, proceeding or claim shall be brought or asserted against the Company (including its officers, directors and employees) or its Affiliates (each a "COMPANY INDEMNIFIED PARTY") by any other certificatethird party, instrument which action, proceeding or document contemplated hereby claim, if determined adversely to the interests of the Company Indemnified Party, would entitle the Company Indemnified Party to indemnity pursuant to this SECTION 11.2, the Company Indemnified Party shall promptly, but in no event later than 30 days from the date that such Company Indemnified Party shall become aware of such action, proceeding or thereby executed claim, notify the Investor of the same in writing specifying in detail the basis of such claim and the facts pertaining thereto, and the Investor shall be entitled to assume the defense thereof and have sole control of defense and settlement thereof, including the employment of counsel and the payment of all expenses; PROVIDED, HOWEVER, that the Company Indemnified Party shall have the right to employ counsel separate from counsel employed by the Investor in any such action and to participate in the defense thereof, and the fees and expenses of such counsel employed by the Company Indemnified Party shall be at the expense of the Company Indemnified Party unless (i) (1) the employment thereof has been specifically authorized by the Investor in writing or (2) the use of counsel chosen by the Investor to represent the Company Indemnified Party would present such counsel with a conflict of interest or (ii) the Investor has failed to assume the defense and to employ counsel. The Investor shall not be liable for any settlement of any such action or proceeding effected without the written consent of the Investor (unless such consent is unreasonably withheld by the Investor. To ), but if settled with the extent that the foregoing undertaking by written consent of the Investor may or if there shall be unenforceable under Applicable Lawsa final judgment for the plaintiff in any such action, the Investor agrees to indemnify and hold harmless the Company Indemnified Party against any and all Losses by reason of such settlement or judgment. Notwithstanding the foregoing, without the written consent of the Company Indemnified Party, the Investor shall make not be entitled to settle any nonmonetary claim involving the maximum contribution to business, operations or assets of the Company Indemnified Party if such settlement would impose on the Company Indemnified Party any obligation which cannot be satisfied by the payment of money. The Investor agrees to indemnify and satisfaction hold harmless the Company Indemnified Party from any and all legal expenses reasonably incurred by the Company Indemnified Party in connection with the successful enforcement of each of the Indemnified Liabilitiesits rights, which is permissible in whole or in part, to indemnity under Applicable Lawsthis SECTION 11.2.
Appears in 1 contract
Samples: Securities Purchase Agreement (CCC Information Services Group Inc)
Indemnification by the Investor. In consideration of the Company’s execution and delivery of this Agreement, and in addition to all of the Investor’s other obligations under this Agreement, the The Investor shall defend, protect, indemnify and hold harmless harmless, to the Company and all of fullest extent permitted by applicable law, the Company, its directors, officers, directorsemployees, shareholders, employees and agents (including, without limitation, those retained in connection with the transactions contemplated by this Agreement) stockholders and each person who controls the Investor Company (within the meaning of Section 15 of the Securities Act or Section 20 of the Exchange Act (collectively, the “Company Indemnitees”0000 Xxx) from and against any and all Indemnified Liabilities incurred by Losses (including reasonable attorney fees) resulting from (x) the Investor’s failure to deliver a Prospectus in connection with any sales under the Registration Statement after the Company Indemnitees or any has advised the Investor in writing that (A) the Company does not meet the conditions for use of them Rule 172 and (B) as a result of, the Investor must deliver a Prospectus in connection with any sales under the Registration Statement or arising out of, or relating to (ay) any untrue statement or alleged untrue statement of a material fact contained in the Registration Statement for the registration or any omission of the Shares as originally filed or in any amendment thereof, or in any related prospectus, or in any amendment thereof or supplement thereto, or arise out of or are based upon the omission or alleged omission to state therein a material fact required to be stated therein in the Registration Statement or Prospectus or preliminary Prospectus or amendment or supplement thereto or necessary to make the statements therein not misleading; provided, howeverto the extent, but only to the extent that such untrue statement or omission is contained in (1) any information furnished in writing by the Investor will only be liable for written information relating to the Investor furnished to the Company by or on behalf of the Investor specifically for inclusion in such Registration Statement or Prospectus or amendment or supplement thereto or (2) in an outdated or defective Prospectus delivered by the documents referred Investor in connection with any sales under the Registration Statement after the Company has notified the Investor in writing that the Company does not meet the conditions for use of Rule 172 and that (A) as a result the Investor must deliver a Prospectus in connection with any sales under the Registration Statement and (B) the Prospectus is outdated or defective and prior to in the foregoing indemnityreceipt by the Investor of an amended or supplemented Prospectus, but only if and will not be liable in any such case to the extent that any following the receipt of the amended or supplemented Prospectus the misstatement or omission giving rise to such loss, claim, damage or liability arises out would have been corrected. In no event shall the liability of or is based upon the Investor be greater in amount than the dollar amount of the proceeds (net of all expense paid by the Investor in connection with any claim relating to this Section 6 and the amount of any damages the Investor has otherwise been required to pay by reason of such untrue statement or alleged untrue statement or omission or alleged omission made therein in reliance upon and in conformity with written information furnished to the Investor by or on behalf of the Company specifically for inclusion therein; (bomission) any misrepresentation or breach of any representation or warranty made received by the Investor in this Agreement or any instrument or document contemplated hereby or thereby executed by upon the Investor; or (c) any breach of any covenant, agreement or obligation sale of the Investor contained Registrable Securities included in this Agreement or any other certificate, instrument or document contemplated hereby or thereby executed by the Investor. To the extent that the foregoing undertaking by the Investor may be unenforceable under Applicable Laws, the Investor shall make the maximum contribution Registration Statement giving rise to the payment and satisfaction of each of the Indemnified Liabilities, which is permissible under Applicable Lawssuch indemnification obligation.
Appears in 1 contract
Samples: Registration Rights Agreement (Response Genetics Inc)
Indemnification by the Investor. In consideration of the Company’s execution and delivery of this Agreement, and in addition to all of the Investor’s other obligations under this Agreement, the Investor shall defend, protect, indemnify and hold harmless the Company Company, its Subsidiaries, and all of its and their officers, directors, shareholders, employees and agents (including, without limitation, those retained in connection with the transactions contemplated by this Agreement) and each person who controls the Investor Company within the meaning of Section 15 of the Securities Act or Section 20 of the Exchange Act (collectively, the “Company Indemnitees”) from and against any and all Indemnified Liabilities incurred by the Company Indemnitees or any of them as a result of, or arising out of, or relating to (a) any untrue statement or alleged untrue statement of a material fact contained in the Registration Statement for the registration of the Shares as originally filed or in any amendment thereof, or in any related prospectus, or in any amendment thereof or supplement thereto, or arise arising out of or are based upon the omission or alleged omission to state therein a material fact required to be stated therein or necessary to make the statements therein not misleading; provided, however, that the Investor will only be liable for written information relating to the Investor furnished to the Company by or on behalf of the Investor specifically for inclusion in the documents referred to in the foregoing indemnity, and will not be liable in any such case to the extent that any such loss, claim, damage or liability arises out of or is based upon any such untrue statement or alleged untrue statement or omission or alleged omission made therein in reliance upon and in conformity with written information furnished to the Investor by or on behalf of the Company specifically for inclusion therein; (b) any misrepresentation or breach of any representation or warranty made by the Investor in this Agreement or any instrument or document contemplated hereby or thereby executed by the Investor; or (c) any breach of any covenant, agreement or obligation of the Investor contained in this Agreement or any other certificate, instrument or document contemplated hereby or thereby executed by the Investor. To the extent that the foregoing undertaking by the Investor may be unenforceable under Applicable Laws, the Investor shall make the maximum contribution to the payment and satisfaction of each of the Indemnified Liabilities, which is permissible under Applicable Laws. With respect to the foregoing, the Investor shall not be responsible for any liabilities or expenses of the Company that have been determined in a final judgment or order to have resulted directly and primarily from the Company’s bad faith, willful misconduct or gross negligence.
Appears in 1 contract
Samples: Standby Equity Purchase Agreement (AGBA Group Holding Ltd.)
Indemnification by the Investor. In consideration With regard to the registration of Primary Offering Securities or Registrable Securities under the Securities Act, the Investor will indemnify, defend and hold harmless, to the fullest extent permitted by law, severally and not jointly with any other holders of Registrable Securities, the Company, each Affiliate of the Company’s execution and delivery , each member, manager, partner, shareholder or equity owner of this Agreementthe Company or such Affiliate, and in addition each officer, director, trustee, employee, representative, agent and advisor of and to all any of the Investor’s other obligations under this Agreementforegoing, the Investor shall defend, protect, indemnify and hold harmless the Company and all of its officers, directors, shareholders, employees and agents (including, without limitation, those retained in connection with the transactions contemplated by this Agreement) and each person Person, if any, who controls the Investor Company within the meaning of Section 15 of the Securities Act or Section 20 20(a) of the Exchange Act and each member, manager, partner, shareholder or equity owner of the such controlling Person, and each officer, director, trustee, employee, representative, agent and advisor of and to any of the foregoing, each underwriter, if any, and each Person, if any, who controls such underwriter within the meaning of Section 15 of the Securities Act or Section 20(a) of the Exchange Act (collectivelyeach, the a “Company IndemniteesIndemnified Party” and together with the Investor Indemnified Party, an “Indemnified Party”) from and against any and all Indemnified Liabilities incurred by Damages to which the Company Indemnitees or any of them as a result of, or arising out of, or relating to (a) and each such other Person may become subject resulting from any untrue statement or alleged untrue statement of a material fact contained in the any Registration Statement for the registration or Prospectus of the Shares as originally filed Company (or in any amendment thereof, or in any related prospectus, or in any amendment thereof or supplement thereto) or any preliminary Prospectus of the Company or other document incident to any such registration, qualification, or arise compliance, or arising out of of, or are based upon the upon, any omission or alleged omission to state therein a material fact required to be stated therein or necessary to make the statements therein not misleading; providedmisleading in light of the circumstances in which they were made, however, that if such statement or alleged statement or omission or alleged omission was made in reliance upon and in conformity with information furnished to the Company by the Investor will for incorporation therein, but only be liable for written to the extent that such untrue statements or omissions are based solely upon information relating to regarding the Investor furnished to the Company by or on behalf of the Investor specifically expressly for inclusion in the documents referred to in the foregoing indemnityuse therein, and will not be liable in any such case or to the extent that any such loss, claim, damage or liability arises out of or is based upon any such untrue statement or alleged untrue statement or omission or alleged omission made therein in reliance upon and in conformity with written information furnished relates to the Investor by or on behalf the Investor’s proposed method of the Company specifically for inclusion therein; (b) any misrepresentation or breach distribution of any representation or warranty made Registrable Securities and was reviewed and expressly approved in writing by the Investor expressly for use in this Agreement the Registration Statement under which any Registrable Securities held by the Investor were registered under the Securities Act, any preliminary Prospectus, final Prospectus or summary Prospectus contained therein, or any instrument amendment or document contemplated hereby or thereby executed supplement thereto. In addition to the indemnity contained herein, the Investor will reimburse the Company Indemnified Parties promptly upon demand (with accompanying presentation of documentary evidence) for all legal and other costs and expenses reasonably incurred by the Investor; Company or (c) such Company Indemnified Parties in investigating, defending against, or preparing to defend against any breach of any covenantsuch claim, agreement action, suit or obligation proceeding with respect to which it is entitled to indemnification. The obligations of the Investor contained under this Section 2.9(b) shall not apply to amounts paid in settlement of any such Damages (or actions in respect thereof) if such settlement is effected without the consent of such holder (which consent shall not be unreasonably withheld). Furthermore, the liability of the Investor under this Agreement or any other certificate, instrument or document contemplated hereby or thereby executed by Section 2.9(b) shall be limited to the Investor. To the extent that the foregoing undertaking net proceeds received by the Investor may be unenforceable under Applicable Laws, from the Investor shall make Partnership in redemption of Common Units pursuant to Section 2.2(g) hereof with respect to such Registration Statement and from the maximum contribution to the payment and satisfaction sale of each of the Indemnified Liabilities, which is permissible under Applicable LawsRegistrable Securities covered by such Registration Statement.
Appears in 1 contract
Samples: Investor Rights Agreement (Sentio Healthcare Properties Inc)
Indemnification by the Investor. In consideration of the Company’s execution and delivery of this Agreement, and in addition to all of the Investor’s other obligations under this Agreement, the The Investor shall defend, protect, indemnify and hold harmless the Company and all of Company, its directors, officers, directorsagents and employees, shareholders, employees and agents (including, without limitation, those retained in connection with the transactions contemplated by this Agreement) and each person Person who controls the Investor Company (within the meaning of Section 15 of the Securities Act or and Section 20 of the Exchange Act (collectivelyAct), and the “Company Indemnitees”) directors, officers, agents or employees of such controlling Persons, to the fullest extent permitted by applicable law, from and against all Losses (as determined by a court of competent jurisdiction in a final judgment not subject to appeal or review) arising solely out of any and all Indemnified Liabilities incurred by the Company Indemnitees or any of them as a result of, or arising out of, or relating to (a) any untrue statement or alleged untrue statement of a material fact contained in the Registration Statement for the registration of the Shares as originally filed or in Statement, any amendment thereofProspectus, or in any related form of prospectus, or in any amendment thereof or supplement thereto, or arise arising out of or are based upon the relating to any omission or alleged omission to state therein 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; provided, however, but only to the extent that such untrue statement or omission is contained in any information so furnished by the Investor will only be liable in writing to the Company specifically for written inclusion in such Registration Statement or such Prospectus or to the extent that (i) such untrue statements or omissions are based solely upon information relating to regarding the Investor furnished to the Company by or on behalf of the Investor specifically in writing expressly for inclusion in the documents referred to in the foregoing indemnityuse therein, and will not be liable in any such case or to the extent that any such loss, claim, damage or liability arises out of or is based upon any such untrue statement or alleged untrue statement or omission or alleged omission made therein in reliance upon and in conformity with written information furnished relates to the Investor by or on behalf the Investor’s proposed method of the Company specifically for inclusion therein; (b) any misrepresentation or breach distribution of any representation or warranty made Registrable Securities and was reviewed and expressly approved by the Investor or its counsel expressly for use in this Agreement or any instrument or document contemplated hereby or thereby executed the Registration Statement (it being understood that the information provided by the Investor; Investor to the Company in Exhibits A-0, X-0 xxx X-0 xnd the Plan of Distribution set forth on Exhibit C, as the same may be modified by the Investor pursuant hereto and other information provided by the Investor to the Company in or (c) pursuant to the Transaction Documents constitutes information reviewed and expressly approved by the Investor or its counsel in writing expressly for use in the Registration Statement), such Prospectus or such form of Prospectus or in any breach of any covenant, agreement amendment or obligation supplement thereto. In no event shall the liability of the Investor contained hereunder be greater in this Agreement or any other certificate, instrument or document contemplated hereby or thereby executed by amount than the Investor. To dollar amount of the extent that the foregoing undertaking net proceeds received by the Investor may be unenforceable under Applicable Laws, upon the Investor shall make the maximum contribution to the payment and satisfaction of each sale of the Indemnified Liabilities, which is permissible under Applicable LawsRegistrable Securities giving rise to such indemnification obligation.
Appears in 1 contract
Indemnification by the Investor. In consideration of the Company’s execution and delivery of this Agreement, and in addition to all of the Investor’s other obligations under this Agreement, the The Investor shall defend, protect, will indemnify and hold harmless the Company and all Company, each of its officers, directors, shareholders, employees and agents (including, without limitation, those retained in connection with each of its officers who sign the transactions contemplated by this Agreement) Registration Statement and each person person, if any, who controls the Investor Company within the meaning of Section 15 of the Securities Act or Section 20 of the Exchange Act (collectivelyAct, the “Company Indemnitees”) from and against any and all Indemnified Liabilities incurred by losses, claims, damages, liabilities or expenses to which the Company Indemnitees or any Company, each of them as a result ofits directors, or arising out of, or relating to (a) any untrue statement or alleged untrue statement each of a material fact contained in its officers who sign the Registration Statement for or controlling person may become subject, under the registration of Securities Act, the Shares as originally filed or in any amendment thereofExchange Act, or any other federal or state statutory law or regulation insofar as such losses, claims, damages, liabilities or expenses (or actions in any related prospectus, or in any amendment respect thereof or supplement thereto, or as contemplated below) arise out of or are based upon (i) any failure on the part of the Investor to comply with the covenants and agreements contained in Sections 3.5 or 5.3 of this Agreement respecting the sale of the Registrable Shares or (ii) the inaccuracy of any representation or warranty made by the Investor in this Agreement or (iii) any untrue or alleged untrue statement of any material fact contained in the Registration Statement, the Prospectus, or any amendment or supplement to the Registration Statement or Prospectus, or the omission or alleged omission to state therein a material fact required to be stated therein or necessary to make the statements therein (in the case of the Prospectus only, in light of the circumstances under which they were made), not misleading; provided, however, that the Investor will only be liable for written information relating to the Investor furnished to the Company by or on behalf of the Investor specifically for inclusion in the documents referred to in the foregoing indemnity, and will not be liable in any such each case to the extent extent, but only to the extent, that any such loss, claim, damage or liability arises out of or is based upon any such untrue statement or alleged untrue statement or omission or alleged omission was made therein in the Registration Statement, the Prospectus, or any amendment or supplement thereto, in reliance upon and in conformity with written information furnished to the Investor Company by or on behalf of the Company specifically Investor expressly for inclusion use therein; (b) any misrepresentation or breach of any representation or warranty made by the Investor in this Agreement or any instrument or document contemplated hereby or thereby executed by the Investor; or (c) any breach of any covenantprovided, agreement or obligation of the Investor contained in this Agreement or any other certificatehowever, instrument or document contemplated hereby or thereby executed by the Investor. To the extent that the foregoing undertaking by the Investor may be unenforceable under Applicable Laws, the Investor shall make not be liable for any such untrue or alleged untrue statement or omission or alleged omission of which the maximum contribution Investor has delivered to the payment Company in writing a correction at least five business days before the occurrence of the transaction from which such loss was incurred, and satisfaction of the Investor will reimburse the Company, each of its directors, each of its officers who signed the Indemnified LiabilitiesRegistration Statement or controlling person for any legal and other expense reasonably incurred by the Company, each of its directors, each of its officers who signed the Registration Statement or controlling person in connection with investigating, defending, settling, compromising or paying any such loss, claim, damage, liability, expense or action for which such person is permissible under Applicable Lawsentitled to be indemnified in accordance with this Section 5.4(b).
Appears in 1 contract
Samples: Securities Purchase Agreement (Trikon Technologies Inc)
Indemnification by the Investor. In consideration of (a) After the Company’s execution and delivery of this AgreementClosing, and in addition subject to all of the Investor’s other obligations under this AgreementSections 5(b), the Investor shall defendindemnify, protect, indemnify defend and hold harmless to the Company fullest extent permitted by Law the Company, the Placement Agent and all of its their respective Affiliates and their respective successors and assigns, officers, directors, shareholderspartners, members and employees and agents (including, without limitation, those retained in connection with the transactions contemplated by this Agreement) and each person who controls the Investor within the meaning of Section 15 of the Securities Act or Section 20 of the Exchange Act (collectively, the “Company IndemniteesIndemnified Parties”) from against, and against reimburse any and all Indemnified Liabilities incurred by of the Company Indemnitees Indemnified Parties for, all Losses that the Company Indemnified Parties may at any time suffer or any of them incur, or become subject to, as a result of, or arising out of, or relating to (a) any untrue statement or alleged untrue statement of a material fact contained in the Registration Statement for the registration of the Shares as originally filed or in any amendment thereof, or in any related prospectus, or in any amendment thereof or supplement thereto, or arise out of or are based upon connection with (1) the omission or alleged omission to state therein a material fact required to be stated therein or necessary to make the statements therein not misleading; provided, however, that the Investor will only be liable for written information relating to the Investor furnished to the Company by or on behalf of the Investor specifically for inclusion in the documents referred to in the foregoing indemnity, and will not be liable in any such case to the extent that any such loss, claim, damage or liability arises out of or is based upon any such untrue statement or alleged untrue statement or omission or alleged omission made therein in reliance upon and in conformity with written information furnished to the Investor by or on behalf of the Company specifically for inclusion therein; (b) any misrepresentation inaccuracy or breach of any representation or warranty made by the Investor in this Agreement or any instrument or document contemplated hereby or thereby executed by the Investor; certificate delivered pursuant hereto or (c2) any breach or failure by such Investor to perform any of any covenant, agreement its covenants or obligation of the Investor agreements contained in this Agreement or any other certificate, instrument or document contemplated hereby or thereby executed by Agreement.
(b) Notwithstanding anything to the Investor. To the extent that the foregoing undertaking by the Investor may be unenforceable under Applicable Lawscontrary contained herein, the Investor shall make not be required to indemnify, defend or hold harmless any of the maximum contribution Company Indemnified Parties against, or reimburse any of the Company Indemnified Parties for any Losses pursuant to Section 5(a) until the aggregate amount of the Company Indemnified Parties’ Losses for which the Company Indemnified Parties are finally determined to be otherwise entitled to indemnification under Section 5(a) exceeds the Deductible, after which the Investor shall be obligated hereunder for all of the Company Indemnified Parties’ Losses for which the Company Indemnified Parties are finally determined to be otherwise entitled to indemnification under Section 5(a). Notwithstanding anything to the payment and satisfaction of each contrary contained herein, the Investor shall not be required to indemnify, defend or hold harmless the Company Indemnified Parties against, or reimburse the Company Indemnified Parties for, any Losses pursuant to Section 5(a) in a cumulative aggregate amount exceeding the aggregate purchase paid by the Investor to the Company pursuant to Section 1.1 hereof (other than Losses arising out of the Indemnified Liabilitiesinaccuracy or breach of any of the Investor Specified Representations).
(c) For purposes of Section 5(a), which is permissible under Applicable Lawsin determining whether there has been a breach of a representation or warranty, the parties hereto shall ignore any “materiality,” “Material Adverse Effect” or similar qualifications.
Appears in 1 contract
Samples: Investor Rights Agreement (Broadway Financial Corp \De\)
Indemnification by the Investor. In consideration of the Company’s execution and delivery of this Agreement, and in addition to all of the Investor’s other obligations under this Agreement, the The Investor shall defend, protect, indemnify and hold harmless the Company and all Company, each of its officers, directors, shareholdersofficers, employees and agents (includingAffiliates, without limitation, those retained in connection with the transactions contemplated by this Agreement) and each person Person, if any, who controls the Investor Company within the meaning of Section 15 of the Securities Act or Section 20 20(a) of the Exchange Act (collectively, the “Company Indemnitees”) from and against any all losses, claims, damages, liabilities and expenses (including reasonable costs of defense and investigation, all amounts paid in settlement (in accordance with Section 8.2) and all Indemnified Liabilities incurred by reasonable attorneys fees) to which the Company Indemnitees and each such other Person may become subject, under the Securities Act or any otherwise, insofar as such losses, claims, damages, liabilities and expenses arise out of them as a result of, or arising out of, or relating to (a) are based upon any untrue statement or alleged untrue statement of a material fact contained in the Current Report, the Registration Statement for the registration of the Shares as originally filed or in any amendment thereof, Prospectus Supplement or in any related prospectusPermitted Free Writing Prospectus, or in any amendment thereof or supplement thereto, or arise out of or are based upon the any omission or alleged omission to state therein a material fact required to be stated therein or necessary to make the statements therein therein, in light of the circumstances under which they were made, not misleading; provided, howeverin each case, that to the extent, but only to the extent, the untrue statement, alleged untrue statement, omission or alleged omission was made in reliance upon, and in conformity with, written information furnished by the Investor will only be liable for written information relating to the Investor furnished to the Company by or on behalf of the Investor specifically expressly for inclusion in the documents referred Current Report, the Registration Statement or such Prospectus Supplement or Permitted Free Writing Prospectus, or any amendment thereof or supplement thereto. The Investor shall reimburse the Company and each such director, officer or controlling Person promptly upon demand for all legal and other costs and expenses reasonably incurred by the Company or such indemnified Persons in investigating, defending against, or preparing to in the foregoing indemnity, and will not be liable in defend against any such case to the extent that any such loss, claim, damage action, suit or liability arises out of or proceeding with respect to which it is based upon any such untrue statement or alleged untrue statement or omission or alleged omission made therein in reliance upon and in conformity with written information furnished entitled to the Investor by or on behalf of the Company specifically for inclusion therein; (b) any misrepresentation or breach of any representation or warranty made by the Investor in this Agreement or any instrument or document contemplated hereby or thereby executed by the Investor; or (c) any breach of any covenant, agreement or obligation of the Investor contained in this Agreement or any other certificate, instrument or document contemplated hereby or thereby executed by the Investor. To the extent that the foregoing undertaking by the Investor may be unenforceable under Applicable Laws, the Investor shall make the maximum contribution to the payment and satisfaction of each of the Indemnified Liabilities, which is permissible under Applicable Lawsindemnification.
Appears in 1 contract
Samples: Common Stock Purchase Agreement (Delcath Systems Inc)
Indemnification by the Investor. In consideration of the Company’s execution and delivery of this Agreement, and in addition to all of the Investor’s other obligations under this Agreement, the Investor shall defend, protect, indemnify and hold harmless the Company Company, its Subsidiaries, and all of its and their officers, directors, shareholders, employees and agents (including, without limitation, those retained in connection with the transactions contemplated by this Agreement) and each person who controls the Investor Company within the meaning of Section 15 of the Securities Act or Section 20 of the Exchange Act (collectively, the “Company Indemnitees”) from and against any and all Indemnified Liabilities incurred by the Company Indemnitees or any of them as a result of, or arising out of, or relating to (a) any untrue statement or alleged untrue statement of a material fact contained in the Registration Statement for the registration of the Shares as originally filed or in any amendment thereof, or in any related prospectus, or in any amendment thereof or supplement thereto, or arise out of or are based upon the omission or alleged omission to state therein a material fact required to be stated therein or necessary to make the statements therein not misleading; provided, however, that the Investor will only be liable for written information relating to the Investor furnished to the Company by or on behalf of the Investor specifically for inclusion in the documents referred to in the foregoing indemnity, and will not be liable in any such case to the extent that any such loss, claim, damage or liability arises out of or is based upon any such untrue statement or alleged untrue statement or omission or alleged omission made therein in reliance upon and in conformity with written information furnished to the Investor by or on behalf of the Company specifically for inclusion therein; (b) any misrepresentation or breach of any representation or warranty made by the Investor in this Agreement or any instrument or document contemplated hereby or thereby executed by the Investor; or (c) any breach of any covenant, agreement or obligation of the Investor contained in this Agreement or any other certificate, instrument or document contemplated hereby or thereby executed by the Investor. To the extent that the foregoing undertaking by the Investor may be unenforceable under Applicable Laws, the Investor shall make the maximum contribution to the payment and satisfaction of each of the Indemnified Liabilities, which is permissible under Applicable Laws. With respect to the foregoing, the Investor shall not be responsible for any liabilities or expenses of the Company that have been determined in a final judgment or order to have resulted directly and primarily from the Company’s bad faith, willful misconduct or gross negligence.
Appears in 1 contract
Samples: Standby Equity Purchase Agreement (AGBA Group Holding Ltd.)
Indemnification by the Investor. In consideration of the Company’s execution and delivery of this Agreement, and in addition to all of the Investor’s other obligations under this Agreement, the The Investor shall defend, protect, will indemnify and hold harmless the Company and all Company, each of its officers, directors, shareholders, employees and agents (including, without limitation, those retained in connection with each of its officers who signed the transactions contemplated by this Agreement) Registration Statement and each person person, if any, who controls the Investor Company within the meaning of Section 15 the Registration Rights Agreement skadden Aug 10(3) - 9 - Securities Act, against any losses, claims, damages, liabilities or expenses to which the Company, its directors, its officers who signed the Registration Statement and any controlling persons may become subject, under the Securities Act, the Exchange Act, or any other federal or state statutory law or regulation, or at common law or otherwise (including in settlement of any litigation, if such settlement is effected with the written consent of the Securities Act Investor, which consent shall not be unreasonably withheld) insofar as such losses, claims, damages, liabilities or Section 20 of the Exchange Act expenses (collectively, the “Company Indemnitees”or actions in respect thereof as contemplated below) from and against any and all Indemnified Liabilities incurred by the Company Indemnitees or any of them as a result of, or arising arise out of, are based upon, relate to or relating to (a) result from any untrue statement or alleged untrue statement of a any material fact contained in the Registration Statement for Statement, the registration of the Shares as originally filed Prospectus, or in any amendment thereof, or in any related prospectus, or in any amendment thereof or supplement theretoto the Registration Statement or Prospectus, or arise out of or of, are based upon upon, relate to or result from the omission or alleged omission to state therein a material fact required to be stated therein or necessary to make the statements therein not misleading; provided, howeverin each case to the extent, but only to the extent, that such untrue statement or alleged untrue statement or omission or alleged omission was made in the Investor will only be liable for Registration Statement, the Prospectus, or any amendment or supplement thereto, solely in reliance upon and in conformity with written information relating to the Investor furnished to the Company by or on behalf of the Investor specifically expressly for inclusion in the documents referred to in the foregoing indemnityuse therein, and the Investor will not be liable reimburse the Company, each of its directors, each of its officers who signed the Registration Statement, and any controlling persons for any reasonable legal and other expense incurred by the Company, its directors, its officers who signed the Registration Statement, and any controlling persons, in any such case connection with investigating, defending (or preparing to the extent that defend), settling, compromising or paying any such loss, claim, damage damage, liability, expense or liability arises out of or is based upon action; PROVIDED, HOWEVER, that the Investor shall not be liable for any such untrue statement or alleged untrue statement or omission or alleged omission made therein in reliance upon and in conformity with written information furnished respect to which the Investor has delivered to the Investor by or on behalf Company in writing a correction before the occurrence of the Company specifically for inclusion therein; (b) any misrepresentation or breach event from which such loss was incurred. Notwithstanding the provisions of any representation or warranty made by the Investor in this Agreement or any instrument or document contemplated hereby or thereby executed by the Investor; or (c) any breach of any covenant, agreement or obligation of the Investor contained in this Agreement or any other certificate, instrument or document contemplated hereby or thereby executed by the Investor. To the extent that the foregoing undertaking by the Investor may be unenforceable under Applicable LawsSection 4.2, the Investor shall make not be liable for any indemnification obligation under this Agreement in excess of the maximum contribution aggregate amount of net proceeds received by the Investor from the sale of the Registrable Securities pursuant to the payment and satisfaction of each of the Indemnified Liabilities, which is permissible under Applicable LawsRegistration Statement.
Appears in 1 contract
Indemnification by the Investor. In consideration With respect to written information furnished to the Company in connection with any registration pursuant to the terms of these provisions by or on behalf of the Company’s execution and delivery of this AgreementInvestor specifically for use in a Registration Statement, and in addition to all of the Investor’s other obligations under this Agreementany related preliminary prospectus, or any related prospectus or any supplement or amendment thereto, the Investor shall defend, protect, severally indemnify and hold harmless the Company and all of Company, its officers, directors, shareholders, officers and employees and agents each person, if any, who "controls" (including, without limitation, those retained in connection with the transactions contemplated by this Agreement) and each person who controls the Investor within the meaning of Section 15 of the Securities Act or Section 20 of Act) the Exchange Act Company (collectively, the “"Company Indemnitees”") from and against any and all Indemnified Liabilities incurred by Losses to which the Company Indemnitees or any of them as a result ofsuch other person entitled to indemnification hereunder may become subject under the Securities Act, or arising otherwise, insofar as such Losses arise out of, or relating to (a) are based upon, any untrue statement or alleged untrue statement of a any material fact contained in the such Registration Statement for the registration of the Shares as originally filed or in any amendment thereofStatement, or in any related such preliminary prospectus, or in such prospectus, or any such amendment thereof or supplement thereto, or arise out of of, or are based upon upon, the omission or alleged omission to state therein a material fact required to be stated therein or necessary to make the statements therein not misleading; providedand the Investor shall reimburse the Company Indemnitees for any legal or other expenses reasonably incurred by it or them in connection with investigating or defending any such Losses, howeverin each case to the extent, but only to the extent, that the Investor will only be liable for written information relating to the Investor furnished to the Company by or on behalf of the Investor specifically for inclusion in the documents referred to in the foregoing indemnity, and will not be liable in any such case to the extent that any such loss, claim, damage or liability same arises out of of, or is based upon any such upon, an untrue statement or alleged untrue statement of a material fact or an omission or alleged omission made therein to state a material fact in such Registration Statement, such preliminary prospectus, or such prospectus or any such amendment or supplement thereto in reliance upon upon, and in conformity with with, such written information furnished information. In no event shall the liability of the Investor hereunder be greater in amount than the dollar amount of the proceeds (net of the payment of all expenses by the Investor) received by the Investor upon the sale of the Registrable Securities giving rise to such indemnification obligation. The Company shall be entitled to receive indemnities from underwriters, selling brokers, dealer managers and similar securities industry professionals participating in the distribution, to the Investor same extent as provided above with respect to the information so furnished in writing by or on behalf of the Company such persons specifically for inclusion therein; in any prospectus or Registration Statement. The Investor shall also indemnify underwriters, selling brokers, dealer managers and similar securities industry professionals participating in the distribution, their officers and directors and each person who "controls" (b) any misrepresentation or breach of any representation or warranty made by within the Investor in this Agreement or any instrument or document contemplated hereby or thereby executed by the Investor; or (c) any breach of any covenant, agreement or obligation meaning of the Investor contained in this Agreement or any other certificate, instrument or document contemplated hereby or thereby executed by the Investor. To the extent that the foregoing undertaking by the Investor may be unenforceable under Applicable Laws, the Investor shall make the maximum contribution Securities Act) such persons to the payment and satisfaction of each same extent as provided above with respect to the indemnification of the Indemnified LiabilitiesCompany, which is permissible under Applicable Lawsif so requested.
Appears in 1 contract
Samples: Registration Rights Agreement (Genome Therapeutics Corp)
Indemnification by the Investor. In consideration of To the Company’s execution and delivery of this Agreement, and in addition to all of the Investor’s other obligations under this Agreementextent permitted by law, the Investor shall defendshall, protectif Registrable Securities held by the Investor are included in the securities as to which such registration, qualifications or compliance is being effected, indemnify and hold harmless the Company and all Company, each of its officers, directors, shareholderseach of its officers who has signed the registration statement, employees and agents (includingeach Person, without limitationif any, those retained in connection with the transactions contemplated by this Agreement) and each person who controls the Investor Company within the meaning of Section 15 the Securities Act and any underwriter and any other Holder selling securities under such registration statement or any of such other Holder’s partners, directors, officers, legal counsel or any person who controls such Holder within the meaning of the Securities Act or Section 20 the Exchange Act, against any losses, claims, damages or liabilities (joint or several) to which the Company or any such director, officer, legal counsel, controlling Person, underwriter or such other Holder, partner or director, officer or controlling Person of such other Holder may become subject under the Securities Act, the Exchange Act or other United States federal or state law, insofar as such losses, claims, damages or liabilities (collectivelyor actions in respect thereto) arise out of or are based upon any of the following statements, omissions or Violations, in each case to the “Company Indemnitees”extent (and only to the extent) from that such statement, omission or Violation occurs in sole reliance upon and against any and all Indemnified Liabilities incurred in conformity with written information furnished by the Company Indemnitees or any of them as a result of, or arising out of, or relating to Investor expressly for use in connection with such registration:
(ai) any untrue statement or alleged untrue statement of a material fact contained in the Registration Statement for the such registration of the Shares as originally filed statement, including any preliminary prospectus or in final prospectus contained therein or any amendment thereof, amendments or in any related prospectus, or in any amendment thereof or supplement supplements thereto, or arise out of or are based upon the ; or
(ii) omission or alleged omission to state therein a material fact required to be stated therein therein, or necessary to make the statements therein not misleading, and the Investor shall reimburse any legal or other expenses reasonably incurred by the Company or any such director, officer, controlling Person, underwriter or other Holder, partner, officer, director or controlling Person of such other Holder in connection with investigating or defending any such loss, claim, damage, liability or action; provided, however, that the Investor will only be liable for written information relating indemnity agreement contained in this Section 3.7(b) shall not apply to the Investor furnished to the Company by or on behalf amounts paid in settlement of the Investor specifically for inclusion in the documents referred to in the foregoing indemnity, and will not be liable in any such case to the extent that any such loss, claim, damage damage, liability or liability arises out of or action if such settlement is based upon any such untrue statement or alleged untrue statement or omission or alleged omission made therein in reliance upon and in conformity with written information furnished to effected without the Investor by or on behalf consent of the Company specifically Investor, which consent shall not be unreasonably withheld; and provided, further, that except for inclusion therein; (bliability for willful fraud or misrepresentation, in no event shall any indemnity under this Section 3.7(b) any misrepresentation or breach of any representation or warranty made exceed the net proceeds received by the Investor in this Agreement or any instrument or document contemplated hereby or thereby executed by the Investor; or (c) any breach of any covenant, agreement or obligation of the Investor contained in this Agreement or any other certificate, instrument or document contemplated hereby or thereby executed by the Investor. To the extent that the foregoing undertaking by the Investor may be unenforceable under Applicable Laws, the Investor shall make the maximum contribution to the payment and satisfaction of each of the Indemnified Liabilities, which is permissible under Applicable Lawssuch registration.
Appears in 1 contract
Samples: Investor and Registration Rights Agreement (Xueda Education Group)
Indemnification by the Investor. In consideration of the Company’s execution and delivery of this Agreement, and in addition Investor agrees to all of the Investor’s other obligations under this Agreement, the Investor shall defend, protect, indemnify and hold harmless harmless, to the Company and all of fullest extent permitted by law, the Company, its directors, officers, directorsemployees, shareholders, employees and agents (including, without limitation, those retained in connection with the transactions contemplated by this Agreement) shareholders and each person who controls the Investor Company (within the meaning of Section 15 the Securities Act) against any losses, claims, damages, liabilities and expense (including reasonable attorney fees) resulting from (i) Investor’s failure to comply with the prospectus delivery requirements of the Securities Act Act; (ii) the use by Investor of an outdated or Section 20 of the Exchange Act (collectively, the “Company Indemnitees”) from and against any and all Indemnified Liabilities incurred by defective Prospectus after the Company Indemnitees has notified Investor in writing that the Prospectus is outdated or any of them as a result of, defective; or arising out of, or relating to (aiii) any untrue statement or alleged untrue statement of a material fact contained in the Registration Statement for the registration or any omission of the Shares as originally filed or in any amendment thereof, or in any related prospectus, or in any amendment thereof or supplement thereto, or arise out of or are based upon the omission or alleged omission to state therein a material fact required to be stated therein in the Registration Statement or Prospectus or preliminary Prospectus or amendment or supplement thereto or in any Blue Sky Application or necessary to make the statements therein not misleading; provided, however, that the Investor will only be liable for written information relating (A) to the Investor furnished to the Company by or on behalf of the Investor specifically for inclusion in the documents referred to in the foregoing indemnityextent, and will not be liable in any such case but only to the extent that any such loss, claim, damage or liability arises out of or is based upon any (1) such untrue statement or alleged untrue statement or omission or alleged omission made therein is contained in reliance upon and in conformity with written any information furnished in writing by Investor to the Investor by or on behalf of the Company specifically for inclusion therein; in such Registration Statement or Prospectus or amendment or supplement thereto or Blue Sky Application or (b2) such information relates to Investor or Investor’s proposed method of distribution of Registrable Securities and was reviewed and expressly approved in writing by Investor expressly for use in a Registration Statement (it being understood that the Investor has approved Annex A hereto for this purpose), such Prospectus or such form of Prospectus or in any misrepresentation amendment or breach supplement thereto. In no event shall the liability of Investor be greater in amount than the dollar amount of the proceeds (net of all expense paid by such Investor in connection with any claim relating to this Section 5 and the amount of any representation damages Investor has otherwise been required to pay by reason of such untrue statement or warranty made omission) received by Investor upon the Investor in this Agreement or any instrument or document contemplated hereby or thereby executed by the Investor; or (c) any breach of any covenant, agreement or obligation sale of the Investor contained Registrable Securities included in this Agreement the Registration Statement giving rise to such indemnification obligation, except in the case of fraud or any other certificate, instrument or document contemplated hereby or thereby executed willful misconduct by the Investor. To the extent that the foregoing undertaking by the Investor may be unenforceable under Applicable Laws, the Investor shall make the maximum contribution to the payment and satisfaction of each of the Indemnified Liabilities, which is permissible under Applicable Laws.
Appears in 1 contract
Indemnification by the Investor. In consideration of the Company’s execution and delivery of this Agreement, and in addition to all of the Investor’s other obligations under this Agreement, the The Investor shall defendindemnify, protect, indemnify defend and hold harmless the Company and all of its officersCompany, directors, shareholders, employees and agents (including, without limitation, those retained in connection with the transactions contemplated by this Agreement) any subsidiary or affiliate thereof and each person who controls is now, or has been at any time prior to the date hereof or who becomes prior to the Closing, an officer, director, member or partner of Company, any subsidiary or affiliate thereof or an employee of Company, any subsidiary or affiliate thereof and their respective heirs, legal representatives, successors and assigns (the “LLC Indemnified Parties”) against all losses, claims, damages, costs, expenses (including attorneys’ fees), liabilities or judgments or amounts that are paid in settlement of or in connection with any threatened or actual claim, action, suit, proceeding or investigation based in whole or in part on or arising in whole or in part out of (i) any breach of this Agreement by the Investor within the meaning of Section 15 of the Securities Act or Section 20 of the Exchange Act (collectively, the “Company Indemnitees”) from and against any and all Indemnified Liabilities incurred by the Company Indemnitees or any of them as a result of, subsidiary or arising out of, or relating to (a) any untrue statement or alleged untrue statement of a material fact contained in the Registration Statement for the registration of the Shares as originally filed or in any amendment affiliate thereof, or in any related prospectus, or in any amendment thereof or supplement thereto, or arise out of or are based upon the omission or alleged omission including but not limited to state therein a material fact required to be stated therein or necessary to make the statements therein not misleading; provided, however, that the Investor will only be liable for written information relating to the Investor furnished to the Company by or on behalf of the Investor specifically for inclusion in the documents referred to in the foregoing indemnity, and will not be liable in any such case to the extent that any such loss, claim, damage or liability arises out of or is based upon any such untrue statement or alleged untrue statement or omission or alleged omission made therein in reliance upon and in conformity with written information furnished to the Investor by or on behalf of the Company specifically for inclusion therein; (b) any misrepresentation or breach failure of any representation or warranty made by to be true and correct at or before the Investor in this Agreement or any instrument or document contemplated hereby or thereby executed by the Investor; Closing, or (cii) any breach act, omission or conduct of any covenantofficer, agreement director or obligation agent of the Investor contained in this Agreement or any other certificatesubsidiary or affiliate thereof prior to the Closing, instrument whether asserted or document claimed prior to, at or after, the Closing, or (iii) relating to the consummation of the transactions contemplated hereby herein, and any action taken in connection therewith (the “Company Indemnified Liabilities”). Any Company Indemnified Party wishing to claim indemnification under this Section 4.1, upon learning of any such claim, action, suit, proceeding or thereby executed by investigation, shall notify the Investor, but the failure so to notify shall not relieve the Investor from any liability that it may have under this Section 4.1, except to the extent that such failure would materially prejudice the Investor. To the extent that the foregoing undertaking by Company Indemnified Parties shall permit the Investor may be unenforceable under Applicable Laws, (at the Investor shall make the maximum contribution to the payment and satisfaction of each expense of the Investor) to assume the defense of any Company Indemnified Liabilities, which is permissible under Applicable Laws.
Appears in 1 contract
Samples: Member Interest Exchange Agreement (Universal Bioenergy, Inc.)
Indemnification by the Investor. In consideration of the Company’s execution and delivery of this AgreementThe Investor will indemnify, and in addition to all of the Investor’s other obligations under this Agreement, the Investor shall defend, protect, indemnify defend and hold harmless the Company and all Company, each of its officers, directors, shareholders, employees and agents (including, without limitation, those retained in connection with each of its officers who sign the transactions contemplated by this Agreement) Registration Statement and each person person, if any, who controls the Investor Company within the meaning of Section 15 of the Securities Act or Section 20 of the Exchange Act (collectivelyAct, the “Company Indemnitees”) from and against any and all Indemnified Liabilities incurred by Losses to which the Company Indemnitees or any Company, each of them as a result ofits directors, or arising out of, or relating to (a) any untrue statement or alleged untrue statement each of a material fact contained in its officers who sign the Registration Statement for or such controlling person may become subject, under the registration of Securities Act, the Shares as originally filed or in any amendment thereofExchange Act, or in any related prospectus, other federal or in any amendment thereof state statutory law or supplement thereto, or regulation insofar as such Losses arise out of or are based upon (i) any failure on the omission part of the Investor to comply with the covenants and agreements contained in Sections 3.5 or alleged 5.3 of this Agreement respecting the sale of the Registrable Securities or (ii) the inaccuracy of any representation or warranty made by the Investor in this Agreement or (iii) any untrue statement of any material fact contained in the Registration Statement, the Prospectus, or any amendment or supplement to the Registration Statement or Prospectus, or the omission to state therein a material fact required to be stated therein or necessary to make the statements therein not misleading; provided, however, that the Investor will only be liable for written information relating to the Investor furnished to the Company by or on behalf of the Investor specifically for inclusion in the documents referred to in the foregoing indemnity, and will not be liable in any such each case to the extent extent, but only to the extent, that any such loss, claim, damage or liability arises out of or is based upon any such untrue statement or alleged untrue statement omission was made in the Registration Statement, the Prospectus, or omission any amendment or alleged omission made therein supplement thereto, in reliance upon and in conformity with written information furnished to the Investor Company by or on behalf of the Company specifically Investor expressly for inclusion use therein; (b) provided, however, that the Investor shall not be liable for any misrepresentation such untrue statement or breach omission of which the Investor has delivered to the Company in writing a correction at least two business days before the occurrence of the transaction from which such loss was incurred, and the Investor will reimburse the Company, each of its directors, each of its officers who signed the Registration Statement or any representation or warranty made controlling person for any legal and other expense reasonably incurred by the Investor Company, each of its directors, each of its officers who signed the Registration Statement or such controlling person in connection with investigating, defending, settling, compromising or paying any such Loss for which such person is entitled to be indemnified in accordance with this Agreement or any instrument or document contemplated hereby or thereby executed by Section 5.4(b). Notwithstanding the Investor; or (c) any breach provisions of any covenant, agreement or obligation of the Investor contained in this Agreement or any other certificate, instrument or document contemplated hereby or thereby executed by the Investor. To the extent that the foregoing undertaking by the Investor may be unenforceable under Applicable LawsSection 5.4, the Investor shall make the maximum contribution to the payment and satisfaction of each not be liable for any indemnification obligation under this Agreement in excess of the Indemnified Liabilitiesamount of net proceeds received by the Investor from the sale of the Registrable Securities, which is permissible under Applicable Lawsunless such obligation has resulted from the gross negligence or willful misconduct of the Investor.
Appears in 1 contract
Samples: Securities Purchase Agreement (Shells Seafood Restaurants Inc)
Indemnification by the Investor. In consideration of the Company’s execution The Investor will, severally and delivery of this Agreement, and in addition to all of the not jointly with any other Investor’s other obligations under this Agreement, the Investor shall defend, protect, indemnify and hold harmless the Company and all Company, each of its officers, directors, shareholders, employees and agents (including, without limitation, those retained in connection with each of its officers who sign the transactions contemplated by this Agreement) Registration Statement and each person person, if any, who controls the Investor Company within the meaning of Section 15 of the Securities Act or Section 20 of the Exchange Act (collectivelyAct, the “Company Indemnitees”) from and against any and all Indemnified Liabilities incurred by losses, claims, damages, liabilities or expenses to which the Company Indemnitees or any Company, each of them as a result ofits directors, or arising out of, or relating to (a) any untrue statement or alleged untrue statement each of a material fact contained in its officers who sign the Registration Statement for or controlling person may become subject, under the registration of Securities Act, the Shares as originally filed or in any amendment thereofExchange Act, or any other federal or state statutory law or regulation insofar as such losses, claims, damages, liabilities or expenses (or actions in any related prospectus, or in any amendment respect thereof or supplement thereto, or as contemplated below) arise out of or are based upon (i) any failure on the part of the Investor to comply with the covenants and agreements contained in this Agreement respecting the sale of the Registrable Shares or (ii) the inaccuracy of any representation or warranty made by the Investor in this Agreement or (iii) any untrue or alleged untrue statement of any material fact contained in the Registration Statement, the Prospectus, or any amendment or supplement to the Registration Statement or Prospectus, or the omission or alleged omission to state therein a material fact required to be stated therein or necessary to make the statements therein not misleading; provided, however, that the Investor will only be liable for written information relating to the Investor furnished to the Company by or on behalf of the Investor specifically for inclusion in the documents referred to in the foregoing indemnity, and will not be liable in any such each case to the extent extent, but only to the extent, that any such loss, claim, damage or liability arises out of or is based upon any such untrue statement or alleged untrue statement or omission or alleged omission was made therein in the Registration Statement, the Prospectus, or any amendment or supplement thereto, in reliance upon and in conformity with written information furnished to the Investor Company by or on behalf of the Company specifically Investor expressly for inclusion use therein; (b) provided, however, that the Investor shall not be liable for any misrepresentation such untrue or breach alleged untrue statement or omission or alleged omission of which the Investor has delivered to the Company in writing a correction at least five business days before the occurrence of the transaction from which such loss was incurred. The Investor will reimburse the Selling Shareholders and the Company, each of its directors, each of its officers who signed the Registration Statement or controlling person for any representation or warranty made legal and other expense reasonably incurred by the Investor Company, each of its directors, each of its officers who signed the Registration Statement or controlling person in connection with investigating, defending, settling, compromising or paying any such loss, claim, damage, liability, expense or action for which such person is entitled to be indemnified in accordance with this Agreement or any instrument or document contemplated hereby or thereby executed by Section 6.4(c). Notwithstanding anything to the Investor; or (c) any breach of any covenant, agreement or obligation of the Investor contrary contained in this Agreement or any other certificate, instrument or document contemplated hereby or thereby executed by the Investor. To the extent that the foregoing undertaking by the Investor may be unenforceable under Applicable Lawsherein, the Investor shall make be liable under this Section 6.4(c) for only that amount as does not exceed the maximum contribution net proceeds to the payment and satisfaction of each Investor as a result of the Indemnified Liabilities, which is permissible under Applicable Lawssale of Registrable Shares pursuant to the Registration Statement.
Appears in 1 contract
Samples: Securities Purchase Agreement (Silverleaf Resorts Inc)
Indemnification by the Investor. In consideration of the Company’s execution and delivery of this Agreement, and in addition to all of the Investor’s other obligations under this Agreement, the Investor shall defend, protect, indemnify and hold harmless the Company and all of its officers, directors, shareholders, employees and agents (including, without limitation, those retained in connection with the transactions contemplated by this Agreement) and each person who controls the Investor within the meaning of Section 15 of the Securities Act or Section 20 of the Exchange Act (collectively, the “Company Indemnitees”) from and against any and all Indemnified Liabilities incurred by the Company Indemnitees or any of them as a result of, or arising out of, or relating to (a) any untrue statement or alleged untrue statement of a material fact contained in the Registration Statement for the registration of the Shares as originally filed or in any amendment thereof, or in any related prospectus, or in any amendment thereof or supplement thereto, or arise out of or are based upon the omission or alleged omission to state therein a material fact required to be stated therein or necessary to make the statements therein not misleading; provided, however, that the Investor will only be liable for written information relating to the Investor furnished to the Company by or on behalf of the Investor specifically for inclusion in the documents referred to in the foregoing indemnity, and will not be liable in any such case to the extent that any such loss, claim, damage or liability arises out of or is based upon any such untrue statement or alleged untrue statement or omission or alleged omission made therein in reliance upon and in conformity with written information furnished to the Investor by or on behalf of the Company specifically for inclusion therein; (b) any misrepresentation or breach of any representation or warranty made by the Investor in this Agreement or any instrument or document contemplated hereby or thereby executed by the Investor; or (c) any breach of any covenant, agreement or obligation of the Investor Investor(s) contained in this Agreement or any other certificate, instrument or document contemplated hereby or thereby executed by the Investor; or (d) any cause of action, suit or claim brought or made against such Company Indemnitee not arising out of any action or inaction of a Company Indemnitee and arising out of or resulting from the execution, delivery, performance or enforcement of this Agreement or any other instrument, document or agreement executed pursuant hereto by any of the Company Indemnitees. To the extent that the foregoing undertaking by the Investor may be unenforceable under Applicable Lawsfor any reason, the Investor shall make the maximum contribution to the payment and satisfaction of each of the Indemnified Liabilities, which is permissible under Applicable Lawsapplicable law.
Appears in 1 contract
Samples: Standby Equity Distribution Agreement (Freeseas Inc.)
Indemnification by the Investor. In consideration of the Company’s execution and delivery of this Agreement, and in addition to all of the Investor’s other obligations under this Agreement, the Investor shall defend, protect, indemnify and hold harmless the Company and all of its officers, directors, shareholders, employees and agents (including, without limitation, those retained in connection with the transactions contemplated by this Agreement) and each person who controls the Investor within the meaning of Section 15 of the Securities Act or Section 20 of the Exchange Act (collectively, the “Company Indemnitees”) from and against any and all Indemnified Liabilities incurred by the Company Indemnitees or any of them as a result of, or arising out of, or relating to (a) any untrue statement or alleged untrue statement of a material fact contained in the Registration Statement for the registration of the Shares and Commitment Fee Shares as originally filed or in any amendment thereof, or in any related prospectus, or in any amendment thereof or supplement thereto, or arise out of or are based upon the omission or alleged omission to state therein a material fact required to be stated therein or necessary to make the statements therein not misleading; provided, however, that the Investor will only be liable for written information relating to the Investor furnished to the Company by or on behalf of the Investor specifically for inclusion in the documents referred to in the foregoing indemnity, and will not be liable in any such case to the extent that any such loss, claim, damage or liability arises out of or is based upon any such untrue statement or alleged untrue statement or omission or alleged omission made therein in reliance upon and in conformity with written information furnished to the Investor by or on behalf of the Company specifically for inclusion therein; (b) any misrepresentation or breach of any representation or warranty made by the Investor in this Agreement or any instrument or document contemplated hereby or thereby executed by the Investor; or (c) any breach of any covenant, agreement or obligation of the Investor Investor(s) contained in this Agreement or any other certificate, instrument or document contemplated hereby or thereby executed by the Investor. To the extent that the foregoing undertaking by the Investor may be unenforceable under Applicable LawsLaw, the Investor shall make the maximum contribution to the payment and satisfaction of each of the Indemnified Liabilities, which is permissible under Applicable LawsLaw.
Appears in 1 contract
Indemnification by the Investor. In consideration of the Company’s execution and delivery of this Agreement, and in addition to all of the Investor’s other obligations under this Agreement, the The Investor shall defend, protect, indemnify and hold harmless the Company and all Company, each of its directors and officers, directors, shareholders, employees and agents (including, without limitation, those retained in connection with the transactions contemplated by this Agreement) and each person person, if any, who controls the Investor Company within the meaning of Section 15 of the Securities Act or Section 20 20(a) of the Exchange Act (collectively, the “Company Indemnitees”) from and against any all losses, claims, damages, liabilities and expenses (including reasonable costs of defense and investigation and all Indemnified Liabilities incurred attorneys fees) to which the Company and each such other person may become subject, under the Securities Act or otherwise, insofar as such losses, claims, damages, liabilities and expenses (or actions in respect thereof) arise out of or are based upon (i) any violation of law (including United States federal or state securities laws or the rules and regulations of the Principal Market) by the Company Indemnitees Investor or the Broker-Dealer or any of them as a result oftheir respective, affiliates, associates, representatives, agents, officers, directors or employees or any entity managed or controlled by the Investor in connection with the transactions contemplated by this Agreement, (ii) any breach by the Investor of this Agreement, or arising out of, or relating to (aiii) any untrue statement or alleged untrue statement of a material fact contained in the Registration Statement for the registration of the Shares as originally filed Current Report or in any amendment thereof, Prospectus Supplement or in any related prospectusPermitted Free Writing Prospectus, or in any amendment thereof or supplement thereto, or arise out of or are based upon the any omission or alleged omission to state therein a material fact required to be stated therein or necessary to make the statements therein therein, in light of the circumstances under which they were made, not misleading; provided, howeverin each case, that to the extent, but only to the extent, the untrue statement, alleged untrue statement, omission or alleged omission was made in reliance upon, and in conformity with, written information furnished by the Investor will only be liable for written information relating to the Investor furnished to the Company by or on behalf of the Investor specifically expressly for inclusion in the documents referred to in the foregoing indemnityCurrent Report or such Prospectus Supplement or Permitted Free Writing Prospectus, and will not be liable in any such case to the extent that any such loss, claim, damage or liability arises out of or is based upon any such untrue statement or alleged untrue statement or omission or alleged omission made therein in reliance upon and in conformity with written information furnished to the Investor by or on behalf of the Company specifically for inclusion therein; (b) any misrepresentation or breach of any representation or warranty made by the Investor in this Agreement or any instrument amendment thereof or document contemplated hereby or thereby executed by the Investor; or (c) any breach of any covenant, agreement or obligation of the Investor contained in this Agreement or any other certificate, instrument or document contemplated hereby or thereby executed by the Investorsupplement thereto. To the extent that the foregoing undertaking by the Investor may be unenforceable under Applicable LawsSubject to Section 8.2, the Investor shall make reimburse the maximum contribution Company and each such director, officer or controlling person promptly upon demand for all legal and other costs and expenses reasonably incurred by the Company or such indemnified persons in investigating, defending against, or preparing to the payment and satisfaction of each of the Indemnified Liabilitiesdefend against any such claim, action, suit or proceeding with respect to which it is permissible under Applicable Lawsentitled to indemnification.
Appears in 1 contract
Indemnification by the Investor. In consideration (a) The Investor shall, and Alden shall provide sufficient funds to the Investor to, indemnify the Company against, and agree to hold it harmless from, any Losses, as incurred (payable promptly upon written request, but subject to an undertaking to repay any Losses if it is determined by a court of competent jurisdiction that such indemnified party is not entitled to such indemnification), for or on account of or arising from or in connection with or otherwise with respect to:
(i) any inaccuracy in, or breach of, any representation or warranty of the Company’s execution Investor contained in this Agreement or any document delivered in connection herewith or therewith;
(ii) any failure by the Investor to perform any covenant, agreement, obligation or undertaking contained in this Agreement; and
(iii) any and delivery all actions, suits, proceedings, demands, assessments, judgments, damages, awards, costs and expenses (including third-party fees and expenses) incident to any of the foregoing or incurred in connection with the enforcement of the rights of any such indemnified party with respect to the foregoing.
(b) Notwithstanding any other provision of this Agreement, and in addition to all of the Investor’s other obligations under this AgreementArticle IX, the Investor shall defendnot have any liability:
(i) under clause (i) and, protectas it relates to clause (i), indemnify and hold harmless the Company and all of its officers, directors, shareholders, employees and agents clause (including, without limitation, those retained in connection with the transactions contemplated by this Agreementiii) and each person who controls the Investor within the meaning of Section 15 9.2(a) for any Loss unless the aggregate amount of such Losses for which indemnification would otherwise be available exceeds the Securities Act or Section 20 Deductible Amount, in which case the entire amount of the Exchange Act (collectively, the “Company Indemnitees”) from and against any and all Indemnified Liabilities incurred by the Company Indemnitees or any of them as a result of, or arising out of, or relating to (a) any untrue statement or alleged untrue statement of a material fact contained in the Registration Statement for the registration of the Shares as originally filed or in any amendment thereof, or in any related prospectus, or in any amendment thereof or supplement thereto, or arise out of or are based upon the omission or alleged omission to state therein a material fact required to such Losses shall be stated therein or necessary to make the statements therein not misleadingindemnifiable hereunder; provided, however, that the Investor will only be liable Deductible Amount shall not apply to any claim for written information relating indemnification to the extent arising out of an inaccuracy or breach of any representation or warranty contained in Sections 4.1, 4.5, 4.7 and 4.8 (the “Investor furnished Specified Representations”) or to the Company any Loss incurred due to fraud, intentional misrepresentation, intentional misconduct or intentional concealment by or on behalf of the Investor specifically Investor;
(ii) under clause (i) and, as it relates to clause (i), clause (iii) of Section 9.2(a) for inclusion any Loss with respect to any individual item or series of related items of Loss that is of an amount less than $25,000 (which amount shall be an aggregate amount in the documents referred to in case of any series of related items of Loss) and no such item or series of related items, as the foregoing indemnitycase may be, and will not shall be liable in any such case to applied toward the extent that any such loss, claim, damage or liability arises out calculation of or is based upon any such untrue statement or alleged untrue statement or omission or alleged omission made therein in reliance upon and in conformity with written information furnished to whether the Investor aggregate of all Losses incurred by or on behalf of the Company specifically exceeds the Deductible Amount; or II-23
(iii) after Closing under Section 9.2(a) for inclusion therein; any Loss arising from, in connection with or otherwise with respect to any breach of any representation, warranty or covenant that would have resulted (bor would have been deemed to have resulted as agreed by the other parties in a notice delivered at or prior to Closing, provided Alden gives the Company notice of such breach at least two (2) Business Days prior to Closing), in non-satisfaction of a condition to Closing contained in Section 7.1.
(c) For purposes of this Article IX and for purposes of determining whether the Company is entitled to indemnification pursuant to this Section 9.2, any misrepresentation inaccuracy in or breach of any representation or warranty made by the Investor in this Agreement or any instrument or document contemplated hereby or thereby executed by the Investor; or (c) any breach of any covenant, agreement or obligation of the Investor contained in this Agreement or in any document delivered herewith, other certificatethan the representation and warranty contained in Section 3.16(b), instrument shall be determined without regard to any materiality qualifications set forth in such representation or warranty or in any document contemplated hereby or thereby executed by the Investor. To the extent that the foregoing undertaking by the Investor may be unenforceable under Applicable Lawsdelivered in connection herewith, the Investor shall make the maximum contribution and all references to the payment terms “material”, “materially”, “materiality” “material adverse effect” or any similar terms shall be ignored for purposes of determining whether such representation or warranty was true and satisfaction of each of the Indemnified Liabilities, which is permissible under Applicable Lawscorrect when made.
Appears in 1 contract
Samples: Securities Purchase Agreement (Emmis Communications Corp)
Indemnification by the Investor. In consideration of the Company’s execution and delivery of this Agreement, and mutual obligations set forth in addition to all of the Investor’s other obligations under this Agreement, the Investor (for purposes of this Section 7.2, the “Indemnitor”) shall defend, protect, indemnify and hold harmless the Company and all of its the Company’s shareholders, officers, directors, shareholdersemployees, employees counsel, and any of the foregoing person’s agents or other representatives (including, without limitation, those retained in connection with the transactions contemplated by this Agreement) and each person who controls the Investor within the meaning of Section 15 of the Securities Act or Section 20 of the Exchange Act (collectively, for purposes of this Section 7.2, the “Company Indemnitees”) from and against any and all actions, causes of action, suits, claims, losses, costs, penalties, fees, liabilities and damages, and reasonable expenses in connection therewith (irrespective of whether any such Indemnitee is a party to the action for which indemnification hereunder is sought), and including reasonable attorneys’ fees and disbursements (for purposes of this Section 7.2, the “Indemnified Liabilities Liabilities”), incurred by the any Company Indemnitees or any of them as a result of, or arising out of, or relating to (a) any untrue statement or alleged untrue statement of a material fact contained in the Registration Statement for the registration of the Shares as originally filed or in any amendment thereof, or in any related prospectus, or in any amendment thereof or supplement thereto, or arise out of or are based upon the omission or alleged omission to state therein a material fact required to be stated therein or necessary to make the statements therein not misleading; provided, however, that the Investor will only be liable for written information relating to the Investor furnished to the Company by or on behalf of the Investor specifically for inclusion in the documents referred to in the foregoing indemnity, and will not be liable in any such case to the extent that any such loss, claim, damage or liability arises out of or is based upon any such untrue statement or alleged untrue statement or omission or alleged omission made therein in reliance upon and in conformity with written information furnished to the Investor by or on behalf of the Company specifically for inclusion therein; (bI) any misrepresentation or breach of any representation or warranty made by the Investor in this Agreement Indemnitor or any other certificate, instrument or document contemplated hereby or thereby executed by the Investorthereby; or (cII) any breach of any covenant, agreement or obligation of the Investor Indemnitor contained in this the Agreement or any other certificate, instrument or document contemplated hereby or thereby executed thereby; or (III) any cause of action, suit or claim brought or made against such Company Indemnitees by a third party and arising out of or resulting from the Investorexecution, delivery, performance or enforcement of the Agreement or any other certificate, instrument or document contemplated hereby or thereby, except insofar as any such misrepresentation, breach or any untrue statement, alleged untrue statement, omission or alleged omission is made in reliance upon and in conformity with information furnished to Indemnitor which is specifically intended for use in the preparation of any such Registration Statement, preliminary prospectus, prospectus or amendments to the prospectus. To the extent that the foregoing undertaking by the Investor Indemnitor may be unenforceable under Applicable Lawsfor any reason, the Investor Indemnitor shall make the maximum contribution to the payment and satisfaction of each of the Indemnified Liabilities, Liabilities which is permissible under Applicable Lawsapplicable law. The indemnity provisions contained herein shall be in addition to any cause of action or similar rights Indemnitor may have, and any liabilities the Indemnitor or the Company Indemnitees may be subject to.
Appears in 1 contract
Samples: Securities Purchase Agreement (Vitality Biopharma, Inc.)
Indemnification by the Investor. In consideration of To the Company’s execution and delivery of this Agreement, and in addition to all of the Investor’s other obligations under this Agreementextent permitted by law, the Investor shall defend(severally but not jointly with its Permitted Transferees, protectif applicable) shall, if Registrable Securities held by the Investor (and/or its Permitted Transferees, if applicable) are included in the securities as to which such registration, qualifications or compliance is being effected, indemnify and hold harmless the Company and all Company, each of its officers, directors, shareholderseach of its officers who has signed the Registration Statement, employees and agents (includingeach Person, without limitationif any, those retained in connection with the transactions contemplated by this Agreement) and each person who controls the Investor Company within the meaning of Section 15 of the Securities Act and any underwriter, against any losses, claims, damages or Section 20 of liabilities (joint or several) to which the Company or any such director, officer, legal counsel, controlling Person underwriter may become subject under the Securities Act, the Exchange Act or other United States federal or state law, insofar as such losses, claims, damages or liabilities (collectivelyor actions in respect thereto) arise out of or are based upon any of the following statements, omissions or Violations, in each case to the “Company Indemnitees”extent (and only to the extent) from that such statement, omission or Violation occurs in sole reliance upon and against any and all Indemnified Liabilities incurred in conformity with written information furnished by the Company Indemnitees or any of them as a result ofInvestor (and/or its Permitted Transferees, or arising out of, or relating to if applicable) expressly for use in connection with such registration:
(ai) any untrue statement or alleged untrue statement of a material fact contained in the such Registration Statement for the registration of the Shares as originally filed Statement, including any preliminary prospectus or in final prospectus contained therein or any amendment thereof, amendments or in any related prospectus, or in any amendment thereof or supplement supplements thereto, or arise out of or are based upon the ; or
(ii) omission or alleged omission to state therein a material fact required to be stated therein therein, or necessary to make the statements therein not misleading, and the Investor (severally but not jointly with its Permitted Transferees, if applicable) shall reimburse any legal or other expenses reasonably incurred by the Company or any such director, officer, controlling Person or underwriter in connection with investigating or defending any such loss, claim, damage, liability or action; provided, however, that the Investor will only be liable for written information relating indemnity agreement contained in this Section 2.6(b) shall not apply to the Investor furnished to the Company by or on behalf amounts paid in settlement of the Investor specifically for inclusion in the documents referred to in the foregoing indemnity, and will not be liable in any such case to the extent that any such loss, claim, damage damage, liability or liability arises out action if such settlement is effected without the consent of or is based upon any such untrue statement or alleged untrue statement or omission or alleged omission made therein in reliance upon and in conformity with written information furnished to the Investor by (and/or its Permitted Transferees, if applicable), which consent shall not be unreasonably withheld; and provided, further, that except for liability for willful fraud or on behalf of misrepresentation, in no event shall any indemnity under this Section 2.6(b) exceed the Company specifically for inclusion therein; (b) any misrepresentation or breach of any representation or warranty made net proceeds received by the Investor in this Agreement or any instrument or document contemplated hereby or thereby executed by the Investor; or (c) any breach of any covenant, agreement or obligation of the Investor contained in this Agreement or any other certificate, instrument or document contemplated hereby or thereby executed by the Investor. To the extent that the foregoing undertaking by the Investor may be unenforceable under Applicable Laws, the Investor shall make the maximum contribution to the payment and satisfaction of each of the Indemnified Liabilities, which is permissible under Applicable Lawssuch registration.
Appears in 1 contract
Samples: Share Purchase Agreement (Ctrip Com International LTD)
Indemnification by the Investor. In consideration The Investor agrees, as a consequence of the Company’s execution and delivery inclusion of this Agreementany of its Registrable Securities in a Registration Statement which facilitates the disposition of Registrable Securities, and in addition to all of the Investor’s other obligations under this Agreement, the Investor shall defend, protect, (i) indemnify and hold harmless the Company and all Company, its directors (including any person who, with his or her consent, is named in the Registration Statement as a director nominee of the Company), its officers, directors, shareholders, employees and agents (including, without limitation, those retained in connection with the transactions contemplated by this Agreement) officers and each person person, if any, who controls the Investor Company within the meaning of either Section 15 of the Securities Act or Section 20 of the Exchange Act (collectivelyAct, the “Company Indemnitees”) from and against any and all Indemnified Liabilities incurred by losses, claims, damages or liabilities to which the Company Indemnitees or any such other persons may become subject, under the Securities Act or otherwise, insofar as such losses, claims, damages or liabilities (or actions in respect thereof) arise out of them as a result of, or arising out of, or relating to (a) any are based upon an untrue statement or alleged untrue statement of a material fact contained in the such Registration Statement for the registration of the Shares as originally filed or in any amendment thereof, or in any related prospectus, or in any amendment thereof or supplement thereto, Prospectus or arise out of or are based upon the omission or alleged omission to state therein a material fact required to be stated therein or necessary to make the statements therein (in light of the circumstances under which they were made, in the case of the Prospectus), not misleading; provided, however, that the Investor will only be liable for written information relating to the Investor furnished to the Company by or on behalf of the Investor specifically for inclusion in the documents referred to in the foregoing indemnity, and will not be liable in any such each case to the extent extent, but only to the extent, that any such loss, claim, damage or liability arises out of or is based upon any such untrue statement or alleged untrue statement or omission or alleged omission was made therein in reliance upon and in conformity with written information furnished to the Investor Company by or on behalf of the Company specifically Investor expressly for inclusion use therein; provided, however, that Investor shall not be liable under this Section 6(b) for any amount in excess of the gross proceeds paid to such Investor or underwriter in respect of shares sold by it, and (bii) reimburse the Company for any misrepresentation legal or breach of any representation or warranty made other expenses incurred by the Investor Company in this Agreement connection with investigating or defending any instrument such action or document contemplated hereby or thereby executed by the Investor; or (c) any breach of any covenant, agreement or obligation of the Investor contained in this Agreement or any other certificate, instrument or document contemplated hereby or thereby executed by the Investor. To the extent that the foregoing undertaking by the Investor may be unenforceable under Applicable Laws, the Investor shall make the maximum contribution to the payment and satisfaction of each of the Indemnified Liabilities, which is permissible under Applicable Lawsclaim as such expenses are incurred.
Appears in 1 contract
Samples: Registration Rights Agreement (Specialty Underwriters Alliance, Inc.)
Indemnification by the Investor. In consideration of (a) After the Company’s execution and delivery of this AgreementClosing, and in addition subject to all of the Investor’s other obligations under this AgreementSections 5.2(b), the 5.3 and 5.4, each Investor shall defendseverally, protectand not jointly, indemnify indemnify, defend and hold harmless to the fullest extent permitted by Law the Company and all of its respective Affiliates and their respective successors and assigns, officers, directors, shareholderspartners, employees members, employees, representatives and agents (including, without limitation, those retained in connection with the transactions contemplated by this Agreement) and each person who controls the Investor within the meaning of Section 15 of the Securities Act or Section 20 of the Exchange Act (collectively, the “Company IndemniteesIndemnified Parties”) from against and against from, and reimburse any and all Indemnified Liabilities incurred by of the Company Indemnitees Indemnified Parties for, all Losses that the Company Indemnified Parties may at any time suffer or any of them incur, or become subject to, as a result of, or arising out of, or relating to (a) any untrue statement or alleged untrue statement of a material fact contained in the Registration Statement for the registration of the Shares as originally filed or in any amendment thereof, or in any related prospectus, or in any amendment thereof or supplement thereto, or arise out of or are based upon connection with (1) the omission or alleged omission to state therein a material fact required to be stated therein or necessary to make the statements therein not misleading; provided, however, that the Investor will only be liable for written information relating to the Investor furnished to the Company by or on behalf of the Investor specifically for inclusion in the documents referred to in the foregoing indemnity, and will not be liable in any such case to the extent that any such loss, claim, damage or liability arises out of or is based upon any such untrue statement or alleged untrue statement or omission or alleged omission made therein in reliance upon and in conformity with written information furnished to the Investor by or on behalf of the Company specifically for inclusion therein; (b) any misrepresentation inaccuracy or breach of any representation or warranty made by the such Investor in this Agreement or any instrument certificate delivered pursuant hereto or document contemplated hereby (2) any breach or thereby executed failure by such Investor to perform any of its covenants or agreements contained in this Agreement.
(b) Notwithstanding anything to the contrary contained herein, the Investors shall not be required to indemnify, defend or hold harmless any of the Company Indemnified Parties against, or reimburse any of the Company Indemnified Parties for any Losses pursuant to Section 5.2(a)(1) until the aggregate amount of the Company Indemnified Parties’ Losses for which the Company Indemnified Parties are finally determined to be otherwise entitled to indemnification under Section 5.2(a) exceeds the Threshold Amount, upon the occurrence of which the applicable Investors shall be obligated for all of the Company Indemnified Parties’ Losses for which the Company Indemnified Parties are finally determined to be otherwise entitled to indemnification under Section 5.2(a)(1). Notwithstanding anything to the contrary contained herein, the Investors shall not be required to indemnify, defend or hold harmless the Company Indemnified Parties against, or reimburse the Company Indemnified Parties for, any Losses pursuant to Section 5.2(a)(1) in a cumulative aggregate amount exceeding the Purchase Price paid by the Investor; or Investors to the Company pursuant to Section 1.1 hereof.
(c) any For purposes of Section 5.2(a), in determining whether there has been a breach of any covenant, agreement a representation or obligation of the Investor contained in this Agreement or any other certificate, instrument or document contemplated hereby or thereby executed by the Investor. To the extent that the foregoing undertaking by the Investor may be unenforceable under Applicable Lawswarranty, the Investor Parties shall make the maximum contribution to the payment and satisfaction of each of the Indemnified Liabilities, which is permissible under Applicable Lawsignore any “materiality” or similar qualifications.
Appears in 1 contract
Samples: Stock Purchase Agreement (Broadway Financial Corp \De\)
Indemnification by the Investor. In consideration of the Company’s execution and delivery of this Agreement, and in addition to all of the Investor’s other obligations under this Agreement, the The Investor shall defend, protect, indemnify and hold harmless the Company and all of Company, its directors, officers, directorsagents and employees, shareholders, employees and agents (including, without limitation, those retained in connection with the transactions contemplated by this Agreement) and each person Person who controls the Investor Company (within the meaning of Section 15 of the Securities Act or and Section 20 of the Exchange Act (collectivelyAct), and the “Company Indemnitees”) directors, officers, agents or employees of such controlling Persons, to the fullest extent permitted by applicable law, from and against all Losses (as determined by a court of competent jurisdiction in a final judgment not subject to appeal or review) arising solely out of any and all Indemnified Liabilities incurred by the Company Indemnitees or any of them as a result of, or arising out of, or relating to (a) any untrue statement or alleged untrue statement of a material fact contained in the Registration Statement for the registration of the Shares as originally filed or in Statement, any amendment thereofProspectus, or in any related form of prospectus, or in any amendment thereof or supplement thereto, or arise arising solely out of or are based upon the any omission or alleged omission to state therein 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 light of the circumstances under which they were made) not misleading; providedmisleading to the extent, howeverbut only to the extent, that the Investor will only be liable for written (i) such untrue statement or omission is based solely upon information relating to regarding the Investor furnished in writing to the Company by or on behalf of the Investor specifically expressly for inclusion use in the documents referred to in the foregoing indemnitysuch Registration Statement or Prospectus, and will not be liable in any such case or to the extent that any such loss, claim, damage or liability arises out of or is based upon any such untrue statement or alleged untrue statement or omission or alleged omission made therein in reliance upon and in conformity with written information furnished relates to the Investor by or on behalf the Investor’s proposed method of the Company specifically for inclusion therein; (b) any misrepresentation or breach distribution of any representation or warranty made Registrable Securities and was reviewed and expressly approved in writing by the Investor expressly for use in this Agreement the Registration Statement, such Prospectus or such form of Prospectus or in any instrument amendment or document contemplated hereby supplement thereto or thereby executed (ii) in the case of an occurrence of an event of the type specified in Section 7.2(c)(iv)-(vii), the use by the Investor; Investor of an outdated or (c) any breach defective Prospectus after the Company has notified the Investor in writing that the Prospectus is outdated or defective and prior to the receipt by the Investor of any covenant, agreement or obligation the Advice contemplated in Section 7.5. In no event shall the liability of the Investor contained hereunder be greater in this Agreement or any other certificate, instrument or document contemplated hereby or thereby executed by amount than the Investor. To dollar amount of the extent that the foregoing undertaking net proceeds received by the Investor may be unenforceable under Applicable Laws, upon the Investor shall make the maximum contribution to the payment and satisfaction of each sale of the Indemnified Liabilities, which is permissible under Applicable LawsRegistrable Securities giving rise to such indemnification obligation.
Appears in 1 contract
Indemnification by the Investor. In consideration of the Company’s execution and delivery of this Agreement, and in addition The Investor agrees to all of the Investor’s other obligations under this Agreement, the Investor shall defend, protect, (i) indemnify and hold harmless the Company and all Company, its directors (including any person who, with his or her consent, is named in the Registration Statement as a director nominee of the Company), its officers, directors, shareholders, employees and agents (including, without limitation, those retained in connection with the transactions contemplated by this Agreement) officers and each person person, if any, who controls the Investor Company within the meaning of either Section 15 of the Securities Act or Section 20 of the Exchange Act (collectivelyAct, the “Company Indemnitees”) from and against any and all Indemnified Liabilities incurred by losses, claims, damages or liabilities to which the Company Indemnitees or any such other persons may become subject, under the Securities Act or otherwise, insofar as such losses, claims, damages or liabilities (or actions in respect thereof) arise out of them as a result of, or arising out of, or relating to (a) any are based upon an untrue statement or alleged untrue statement of a material fact contained in the any Registration Statement for the registration of the Shares as originally filed or in any amendment thereof, or in any related prospectus, or in any amendment thereof or supplement thereto, or arise out of or are based upon the an omission or alleged omission to state therein a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstance in which they were made, not misleading, or arise out of or are based upon an untrue statement or alleged untrue statement of a material fact contained in any Prospectus or an omission or alleged omission to state therein a material fact required to be stated therein or necessary to make the statements therein, in the light of the circumstances under which they were made, not misleading; provided, however, that and the Investor will only be liable hereby agrees to reimburse such Company for written information relating to the Investor furnished to the Company all reasonable legal and other expenses incurred by them in connection with investigating or on behalf of the Investor specifically for inclusion in the documents referred to in the foregoing indemnity, and will not be liable in defending any such action or claim as and when such expenses are incurred, in each case to the extent extent, but only to the extent, that any such loss, claim, damage or liability arises out of or is based upon any such untrue statement or alleged untrue statement or omission or alleged omission was made therein in reliance upon and in conformity with written information furnished to the Investor by or on behalf of the Company specifically for inclusion therein; (b) any misrepresentation or breach of any representation or warranty made by the Investor in this Agreement or any instrument or document contemplated hereby or thereby executed by the Investor; or (c) any breach of any covenant, agreement or obligation of the Investor contained in this Agreement or any other certificate, instrument or document contemplated hereby or thereby executed by the Investor. To the extent that the foregoing undertaking by the Investor may be unenforceable under Applicable Laws, the Investor shall make the maximum contribution to the payment and satisfaction of each of the Indemnified Liabilities, which is permissible under Applicable Lawsexpressly for use therein.
Appears in 1 contract
Samples: Registration Rights Agreement (New Century Financial Corp)
Indemnification by the Investor. In consideration of (a) After the Company’s execution and delivery of this AgreementClosing, and in addition subject to all of the Investor’s other obligations under this AgreementSection 5(b), the Investor shall defendindemnify, protect, indemnify defend and hold harmless to the Company fullest extent permitted by Law the Company, the Placement Agent and all of its their respective Affiliates and their respective successors and assigns, officers, directors, shareholderspartners, members and employees and agents (including, without limitation, those retained in connection with the transactions contemplated by this Agreement) and each person who controls the Investor within the meaning of Section 15 of the Securities Act or Section 20 of the Exchange Act (collectively, the “Company IndemniteesIndemnified Parties”) from against, and against reimburse any and all Indemnified Liabilities incurred by of the Company Indemnitees Indemnified Parties for, all Losses that the Company Indemnified Parties may at any time suffer or any of them incur, or become subject to, as a result of, or arising out of, or relating to (a) any untrue statement or alleged untrue statement of a material fact contained in the Registration Statement for the registration of the Shares as originally filed or in any amendment thereof, or in any related prospectus, or in any amendment thereof or supplement thereto, or arise out of or are based upon connection with (1) the omission or alleged omission to state therein a material fact required to be stated therein or necessary to make the statements therein not misleading; provided, however, that the Investor will only be liable for written information relating to the Investor furnished to the Company by or on behalf of the Investor specifically for inclusion in the documents referred to in the foregoing indemnity, and will not be liable in any such case to the extent that any such loss, claim, damage or liability arises out of or is based upon any such untrue statement or alleged untrue statement or omission or alleged omission made therein in reliance upon and in conformity with written information furnished to the Investor by or on behalf of the Company specifically for inclusion therein; (b) any misrepresentation inaccuracy or breach of any representation or warranty made by the Investor in this Agreement or any instrument or document contemplated hereby or thereby executed by the Investor; certificate delivered pursuant hereto or (c2) any breach or failure by such Investor to perform any of any covenant, agreement its covenants or obligation of the Investor agreements contained in this Agreement or any other certificate, instrument or document contemplated hereby or thereby executed by Agreement.
(b) Notwithstanding anything to the Investor. To the extent that the foregoing undertaking by the Investor may be unenforceable under Applicable Lawscontrary contained herein, the Investor shall make not be required to indemnify, defend or hold harmless any of the maximum contribution Company Indemnified Parties against, or reimburse any of the Company Indemnified Parties for any Losses pursuant to Section 5(a) (other than Losses arising out of the inaccuracy or breach of any Investor Specified Representations) until the aggregate amount of the Company Indemnified Parties’ Losses for which the Company Indemnified Parties are finally determined to be otherwise entitled to indemnification under Section 5(a) exceeds the Deductible, after which the Investor shall be obligated for all of the Company Indemnified Parties’ Losses for which the Company Indemnified Parties are finally determined to be otherwise entitled to indemnification under Section 5(a) that are in excess of such Deductible. Notwithstanding anything to the payment and satisfaction of each contrary contained herein, the Investor shall not be required to indemnify, defend or hold harmless the Company Indemnified Parties against, or reimburse the Company Indemnified Parties for, any Losses pursuant to Section 5(a) in a cumulative aggregate amount exceeding the aggregate purchase paid by the Investor to the Company pursuant to Section 1.1 hereof (other than Losses arising out of the Indemnified Liabilitiesinaccuracy or breach of any of the Investor Specified Representations).
(c) For purposes of Section 5(a), which is permissible under Applicable Lawsin determining whether there has been a breach of a representation or warranty, the parties hereto shall ignore any “materiality” or similar qualifications.
Appears in 1 contract
Samples: Investor Rights Agreement (Broadway Financial Corp \De\)
Indemnification by the Investor. In consideration of the Company’s execution and delivery of this Agreement, and in addition The Investor agrees to all of the Investor’s other obligations under this Agreement, the Investor shall defend, protect, indemnify and hold harmless harmless, to the Company and all of fullest extent permitted by law, the Company, its directors, officers, directorsemployees, shareholders, employees and agents (including, without limitation, those retained in connection with the transactions contemplated by this Agreement) shareholders and each person who controls the Investor Company (within the meaning of Section 15 of the Securities Act or Section 20 of the Exchange Act (collectively, the “Company Indemnitees”1000 Xxx) from and against any losses, claims, damages, liabilities and all Indemnified Liabilities incurred by the Company Indemnitees or expense (including reasonable attorney fees) resulting from any of them as a result of, or arising out of, or relating to (a) any untrue statement or alleged untrue statement of a material fact contained in the Registration Statement for the registration or any omission of the Shares as originally filed or in any amendment thereof, or in any related prospectus, or in any amendment thereof or supplement thereto, or arise out of or are based upon the omission or alleged omission to state therein a material fact required to be stated therein in the Registration Statement or Prospectus or preliminary prospectus or amendment or supplement thereto or necessary to make the statements therein not misleading; provided, however, that the Investor will only be liable for written information relating to the Investor furnished to the Company by or on behalf of the Investor specifically for inclusion in the documents referred to in the foregoing indemnity, and will not be liable in any such case to the extent that any such loss, claim, damage or liability arises out of or is based upon any such untrue statement or alleged untrue statement or omission or alleged omission made therein is contained in reliance upon and in conformity with written any information furnished to in writing by the Investor by or on behalf of to the Company specifically for inclusion therein; (b) any misrepresentation in such Registration Statement or breach Prospectus or amendment or supplement thereto, or to the extent that such information relates to such Investor’s proposed method of any representation or warranty made distribution of Registrable Securities and was reviewed and approved by the Investor in writing for use in the Registration Statement (it being understood that the Investor has approved Exhibit A hereto for this Agreement purpose), such Prospectus or such form of Prospectus or in any instrument amendment or document contemplated hereby supplement thereto, or thereby executed in the case of an occurrence of an Allowed Delay or an event of the type specified in Section 3(g), the use by the Investor; Investor of an outdated or (c) any breach defective Prospectus after the Company has notified the Investor in writing that the Prospectus is outdated or defective and prior to the receipt by the Investor of any covenantan amended or supplemented Prospectus, agreement but only if and to the extent that following the receipt of the amended or obligation supplemented Prospectus the misstatement or omission giving rise to such liability would have been corrected. In no event shall the liability of the Investor contained be greater in this Agreement or any other certificate, instrument or document contemplated hereby or thereby executed by amount than the Investor. To dollar amount of the extent that the foregoing undertaking proceeds received by the Investor may be unenforceable under Applicable Laws, upon the Investor shall make the maximum contribution to the payment and satisfaction of each sale of the Indemnified Liabilities, which is permissible under Applicable LawsRegistrable Securities included in the Registration Statement giving rise to such indemnification obligation.
Appears in 1 contract
Samples: Registration Rights Agreement (Baywood International Inc)
Indemnification by the Investor. In consideration of the Company’s execution and delivery of this Agreement, and in addition to all of the Investor’s other obligations under this Agreement, the Investor shall defend, protect, indemnify and hold harmless the Company and all of its officers, directors, shareholdersstockholders, employees and agents (including, without limitation, those retained in connection with the transactions contemplated by this Agreement) and each person who controls the Investor within the meaning of Section 15 of the Securities Act or Section 20 of the Exchange Act (collectively, the “Company Indemnitees”) from and against any and all Indemnified Liabilities incurred by the Company Indemnitees or any of them as a result of, or arising out of, or relating to (a) any untrue statement or alleged untrue statement of a material fact contained in the Registration Statement for the registration of the Shares as originally filed or in any amendment thereof, or in any related prospectus, or in any amendment thereof or supplement thereto, or arise out of or are based upon the omission or alleged omission to state therein a material fact required to be stated therein or necessary to make the statements therein not misleading; provided, however, that the Investor will only be liable for written information relating to the Investor furnished to the Company by or on behalf of the Investor specifically for inclusion in the documents referred to in the foregoing indemnity, and will not be liable in any such case to the extent that any such loss, claim, damage or liability arises out of or is based upon any such untrue statement or alleged untrue statement or omission or alleged omission made therein in reliance upon and in conformity with written information furnished to the Investor by or on behalf of the Company specifically for inclusion therein; (b) any misrepresentation or breach of any representation or warranty made by the Investor in this Agreement or any instrument or document contemplated hereby or thereby executed by the Investor; or (c) any breach of any covenant, agreement or obligation of the Investor Investor(s) contained in this Agreement or any other certificate, instrument or document contemplated hereby or thereby executed by the Investor. To the extent that the foregoing undertaking by the Investor may be unenforceable under Applicable LawsLaw, the Investor shall make the maximum contribution to the payment and satisfaction of each of the Indemnified Liabilities, which is permissible under Applicable LawsLaw.
Appears in 1 contract
Indemnification by the Investor. In consideration of the Company’s execution and delivery of this Agreement, and in addition to all of the Investor’s other obligations under this Agreement, the The Investor shall defend, protect, indemnify and hold harmless the Company and all of its officers, directors, shareholders, employees and agents (including, without limitation, those retained in connection with the transactions contemplated by this Agreement) and each person who controls the Investor Company within the meaning of Section 15 of the Securities Act or Section 20 of the Exchange Act (collectively, the “Company Indemnitees”) from and against any and all Indemnified Liabilities incurred by the Company Indemnitees or any of them as a result of, or arising out of, or relating to (a) any untrue statement or alleged untrue statement of a material fact contained in the Registration Statement for the registration of the Shares as originally filed or in any amendment thereof, or in any related prospectus, or in any amendment thereof or supplement thereto, or arise out of or are based upon the omission or alleged omission to state therein a material fact required to be stated therein or necessary to make the statements therein not misleading; provided, however, that the Investor will only be liable for written information relating to the Investor furnished to the Company by or on behalf of the Investor specifically for inclusion in the documents referred to in the foregoing indemnity, and will not be liable in any such case to the extent that any such loss, claim, damage or liability arises out of or is based upon any such untrue statement or alleged untrue statement or omission or alleged omission made therein in reliance upon and in conformity with written information furnished to the Investor by or on behalf of the Company specifically for inclusion therein; (b) any misrepresentation or breach of any representation or warranty made by the Investor in this Agreement or any instrument or document contemplated hereby or thereby executed by the Investor; or (c) any breach of any covenant, agreement or obligation of the Investor contained in this Agreement or any other certificate, instrument or document contemplated hereby or thereby executed by the Investor. To the extent that the foregoing undertaking by the Investor may be unenforceable under Applicable Laws, the Investor shall make the maximum contribution to the payment and satisfaction of each of the Indemnified Liabilities, which is permissible under Applicable Laws.
Appears in 1 contract
Samples: Standby Equity Purchase Agreement (ZOOZ Power Ltd.)
Indemnification by the Investor. In consideration of the Company’s execution and delivery of this Agreement, and in addition to all of the Investor’s other obligations under this Agreement, the Investor shall defend, protect, indemnify and hold harmless the Company and all of its officers, directors, shareholders, employees and agents (including, without limitation, those retained in connection with the transactions contemplated by this Agreement) and each person who controls the Investor within the meaning of Section 15 of the Securities Act or Section 20 of the Exchange Act (collectively, the “Company Indemnitees”) from and against any and all Indemnified Liabilities incurred by the Company Indemnitees or any of them as a result of, or arising out of, or relating to (a) any untrue statement or alleged untrue statement of a material fact contained in the Registration Statement for the registration of the Shares as originally filed or in any amendment thereof, or in any related prospectus, or in any amendment thereof or supplement thereto, or arise out of or are based upon the omission or alleged omission to state therein a material fact required to be stated therein or necessary to make the statements therein not misleading; provided, however, that the Investor will only be liable for written information relating to the Investor furnished to the Company by or on behalf of the Investor specifically for inclusion in the documents referred to in the foregoing indemnity, and will not be liable in any such case to the extent that any such loss, claim, damage or liability arises out of or is based upon any such untrue statement or alleged untrue statement or omission or alleged omission made therein in reliance upon and in conformity with written information furnished to the Investor by or on behalf of the Company specifically for inclusion therein; (b) any misrepresentation or breach of any representation or warranty made by the Investor in this Agreement or any instrument or document contemplated hereby or thereby executed by the Investor; or (c) any breach of any covenant, agreement or obligation of the Investor contained in this Agreement or any other certificate, instrument or document contemplated hereby or thereby executed by the Investor. Investor To the extent that the foregoing undertaking by the Investor may be unenforceable under Applicable Laws, the Investor shall make the maximum contribution to the payment and satisfaction of each of the Indemnified Liabilities, which is permissible under Applicable Laws.
Appears in 1 contract
Samples: Standby Equity Purchase Agreement (Rubicon Technologies, Inc.)
Indemnification by the Investor. In consideration of the Company’s execution and delivery of this Agreement, and in addition to all of the Investor’s other obligations under this Agreement, the Investor shall defend, protect, indemnify and hold harmless the Company and all of its officers, directors, shareholders, employees and agents (including, without limitation, those retained in connection with the transactions contemplated by this Agreement) and each person who controls the Investor within the meaning of Section 15 of the Securities Act or Section 20 of the Exchange Act (collectively, the “Company Indemnitees”) from and against any and all Indemnified Liabilities incurred by the Company Indemnitees or any of them as a result of, or arising out of, or relating to (a) any untrue statement or alleged untrue statement of a material fact contained in the Registration Statement for the registration of the Shares as originally filed or in any amendment thereof, or in any related prospectus, or in any amendment thereof or supplement thereto, or arise out of or are based upon the omission or alleged omission to state therein a material fact required to be stated therein or necessary to make the statements therein not misleading; provided, however, that the Investor will only be liable for written information relating to the Investor furnished to the Company by or on behalf of the Investor specifically for inclusion in the documents referred to in the foregoing indemnity, and will not be liable in any such case to the extent that any such loss, claim, damage or liability arises out of or is based upon any such untrue statement or alleged untrue statement or omission or alleged omission made therein in reliance upon and in conformity with written information furnished to the Investor by or on behalf of the Company specifically for inclusion therein; provided, however, that under no circumstance shall the Investor be required to pay any amount in excess of the Commitment Fee pursuant to this Article V (b) any misrepresentation or breach of any representation or warranty made by the Investor in this Agreement or any instrument or document contemplated hereby or thereby executed by the Investor; or (c) any breach of any covenant, agreement or obligation of the Investor Investor(s) contained in this Agreement or any other certificate, instrument or document contemplated hereby or thereby executed by the Investor; or (d) any cause of action, suit or claim brought or made against such Company Indemnitee not arising out of any action or inaction of a Company Indemnitee and arising out of or resulting from the execution, delivery, performance or enforcement of this Agreement or any other instrument, document or agreement executed pursuant hereto by any of the Company Indemnitees. To the extent that the foregoing undertaking by the Investor may be unenforceable under Applicable Lawsfor any reason, the Investor shall make the maximum contribution to the payment and satisfaction of each of the Indemnified Liabilities, which is permissible under Applicable Lawsapplicable law.
Appears in 1 contract
Samples: Standby Equity Distribution Agreement (Acreage Holdings, Inc.)
Indemnification by the Investor. In consideration of To the Company’s execution and delivery of this Agreement, and in addition to all of the Investor’s other obligations under this Agreementextent permitted by law, the Investor shall defend, protect, will indemnify and hold harmless the Company and all of its officersAffiliates, directors, shareholdersofficers, employees employees, consultants, financial advisors, counsel, accountants and agents (includingother agents, without limitation, those retained in connection with the transactions contemplated by this Agreement) and each person who controls the Investor within the meaning of Section 15 of the Securities Act or Section 20 of the Exchange Act (collectively, the “Company Indemnitees”) from and against any and all Indemnified Liabilities incurred by the Company Indemnitees Losses, insofar as such Losses (or any actions in respect thereof) arise out of them as a result of, or arising out of, or relating to are based upon: (ai) any untrue statement or alleged untrue statement or omission or alleged omission of a any material fact contained in the any Registration Statement for the registration of the Shares as originally filed Statement, any preliminary Prospectus or in final Prospectus, or any amendment thereof, or in any related prospectus, or in any amendment thereof or supplement thereto, or arise out of or are based upon thereof; (ii) the omission or alleged omission to state therein in a Blue Sky Application a material fact required to be stated therein or necessary to make the statements therein not misleading; provided, however, that or (iii) any violation by the Investor will only be liable for written information relating or its agents of any rule or regulation promulgated under the Securities Act applicable to the Investor or its agents and relating to action or inaction required of the Investor under this Agreement, (A) to the extent that such untrue statements or omissions are based solely upon information regarding the Investor furnished in writing to the Company by or on behalf of the Investor specifically expressly for inclusion in the documents referred to in the foregoing indemnityuse therein, and will not be liable in any such case or to the extent that any such loss, claim, damage or liability arises out of or is based upon any such untrue statement or alleged untrue statement or omission or alleged omission made therein in reliance upon and in conformity with written information furnished relates to the Investor by or on behalf the Investor’s proposed method of the Company specifically for inclusion therein; (b) any misrepresentation or breach distribution of any representation or warranty made Registrable Securities and was reviewed and approved in writing by the Investor expressly for use in the Registration Statement, such Prospectus or such form of Prospectus or in any amendment or supplement thereto (it being understood that the Investor has approved Schedule 1 hereto for this Agreement purpose) or any instrument or document contemplated hereby or thereby executed (B) in the case of an occurrence of an event of the type specified in Section 3.1(i) related to the use by the Investor; Investor of an outdated or (c) any breach defective Prospectus after the Company has notified the Investor in writing that the Prospectus is outdated or defective and prior to the Investor being advised in writing by the Company that the use of any covenantthe Prospectus may be resumed, agreement but only if and to the extent that following the receipt of such notice the misstatement or obligation omission giving rise to such Loss would have been corrected. In no event shall the liability of the Investor contained hereunder be greater in this Agreement or any other certificate, instrument or document contemplated hereby or thereby executed by amount than the Investor. To dollar amount of the extent that the foregoing undertaking net proceeds actually received by the Investor may be unenforceable under Applicable Laws, from the Investor shall make the maximum contribution to the payment and satisfaction of each sale of the Indemnified Liabilities, which is permissible under Applicable LawsRegistrable Securities giving rise to such indemnification obligation.
Appears in 1 contract
Samples: Registration Rights Agreement (Alibaba Group Holding LTD)