Common use of Indemnification by the Participant Clause in Contracts

Indemnification by the Participant. In connection with any Incidental Registration Statement in which the Participant is participating, the Participant will furnish to the Company in writing such information relating to the Participant as is reasonably necessary for use in connection with any such registration statement or prospectus and, to the extent permitted by law, will indemnify the Company and, as applicable, each of its directors, employees and officers and each Person who controls the Company against any Losses resulting from any untrue or alleged untrue statement of material fact contained in the registration statement, prospectus or preliminary prospectus, or any amendment thereof or supplement thereto (including, in each case, all documents incorporated therein by reference), or any omission or alleged omission of a material fact required to be stated therein or necessary to make the statements therein not misleading, but only to the extent that such untrue statement or omission is contained in or omitted from any information furnished in writing by such holder for the acknowledged purpose of inclusion in such registration statement, prospectus or preliminary prospectus. In connection with any Underwritten Offering in which the Participant is participating, the Participant will indemnify such underwriters, their officers and directors and each Person who controls such underwriters to the same extent as provided above with respect to the indemnification of the Company.

Appears in 9 contracts

Samples: Shareholder Agreement (Santander Consumer USA Holdings Inc.), Shareholders Agreement (Santander Consumer USA Holdings Inc.), Shareholder Agreement (Santander Consumer USA Holdings Inc.)

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