Common use of Indemnification for Reserved Securities Clause in Contracts

Indemnification for Reserved Securities. In connection with the offer and sale of the Reserved Securities, the Company agrees to indemnify and hold harmless the Underwriters, their Affiliates, and selling agents, and each person, if any who controls any Underwriter with the meaning of either Section 15 of the 1933 Act or Section 20 of the 1934 Act, from and against any and all losses, liabilities, claims, damages and expenses (including, without limitation, any legal or other expenses reasonably incurred in connection with defending, investigating, or settling any such action or claim) as incurred by them (i) caused by the failure of any Invitee to pay for and accept delivery of Reserved Securities which have been orally confirmed by the end of the first business day following the date of this Agreement or (ii) related to, or arising out of or in connection with, the offering of the Reserved Securities.

Appears in 5 contracts

Samples: Underwriting Agreement (QCR Holdings Inc), Underwriting Agreement (Old Second Bancorp Inc), Underwriting Agreement (Univest Corp of Pennsylvania)

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Indemnification for Reserved Securities. In connection with the offer and sale of the Reserved Securities, the Company agrees to indemnify and hold harmless the Underwriters, their Affiliates, and selling agents, agents and each person, if any who controls any Underwriter with the meaning of either Section 15 of the 1933 Act or Section 20 of the 1934 Act, from and against any and all losses, liabilities, claims, damages and expenses (including, without limitation, any legal or other expenses reasonably incurred in connection with defending, investigating, or settling any such action or claim) ), as incurred by them incurred, (i) caused by the failure of any Invitee to pay for and accept delivery of Reserved Securities which have been orally confirmed by the end of business on the first business day following the date of this Agreement or (ii) related to, or arising out of or in connection with, the offering of the Reserved SecuritiesSecurities to the Invitees.

Appears in 2 contracts

Samples: Underwriting Agreement (Republic First Bancorp Inc), Underwriting Agreement (Republic First Bancorp Inc)

Indemnification for Reserved Securities. In connection with the offer and sale of the Reserved Securities, the Company agrees to indemnify and hold harmless the Underwriters, their Affiliates, Affiliates and selling agents, and each person, if any any, who controls any Underwriter with within the meaning of either Section 15 of the 1933 Act or Section 20 of the 1934 Act, from and against any and all losses, liabilities, claims, damages and expenses (including, without limitation, any legal or other expenses reasonably incurred in connection with defending, investigating, or settling any such action or claim) as incurred by them (i) caused by the failure of any Invitee to pay for and accept delivery of Reserved Securities which have been orally confirmed by the end of the first business day following the date of this Agreement or (ii) related to, or arising out of or in connection with, the offering of the Reserved Securities.

Appears in 1 contract

Samples: Underwriting Agreement (CenterState Banks, Inc.)

Indemnification for Reserved Securities. In connection with the offer and sale of the Reserved Securities, the Company agrees agrees, promptly upon a request in writing, to indemnify and hold harmless the Underwriters, their Affiliates, Affiliates and selling agents, agents and each person, if any any, who controls any Underwriter with within the meaning of either Section 15 of the 1933 Act or Section 20 of the 1934 Act, from and against any and all lossesloss, liabilitiesliability, claimsclaim, damages damage and expenses expense (including, without limitation, any legal or other expenses reasonably incurred in connection with defending, investigating, investigating or settling any such action or claim) ), as incurred by them incurred, (i) caused by the failure of any Invitee to pay for and accept delivery of Reserved Securities which have been orally confirmed for purchase by any Invitee by the end of the first business day following after the date of this the Agreement or (ii) related to, or arising out of or in connection with, the offering of the Reserved Securities.

Appears in 1 contract

Samples: Underwriting Agreement (American Equity Investment Life Holding Co)

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Indemnification for Reserved Securities. In connection with the offer and sale of the Reserved Securities, the Company agrees to indemnify and hold harmless the Underwriters, their Affiliates, and selling agents, agents and each person, if any who controls any Underwriter with the meaning of either Section 15 of the 1933 Act or Section 20 of the 1934 Act, from and against any and all losses, liabilities, claims, damages and expenses (including, without limitation, any legal or other expenses reasonably incurred in connection with defending, investigating, or settling any such action or claim) ), as incurred by them incurred, (i) caused by the failure of any Invitee to pay for and accept delivery of Reserved Securities which have been orally confirmed by the end of business on the first business day following the date of this Agreement or (ii) related to, or arising out of or in connection with, the offering of the Reserved Securities.

Appears in 1 contract

Samples: Underwriting Agreement (Metro Bancorp, Inc.)

Indemnification for Reserved Securities. In connection with the offer and sale of the Reserved Securities, the Company agrees to indemnify and hold harmless the Underwriters, their Affiliates, and selling agents, and each person, if any any, who controls any Underwriter with within the meaning of either Section 15 of the 1933 Act or Section 20 of the 1934 Act, from and against any and all losses, liabilities, claims, damages and expenses (including, without limitation, any legal or other expenses reasonably incurred in connection with defending, investigating, or settling any such action or claim) as incurred by them (i) caused by the failure of any Invitee to pay for and accept delivery of Reserved Securities which have been orally confirmed by the end of 8 a.m. Eastern Time, on the first business day following the date of this Agreement or (ii) related to, or arising out of or in connection with, the offering of the Reserved Securities.

Appears in 1 contract

Samples: Underwriting Agreement (First NBC Bank Holding Co)

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