Common use of Indemnification of the QIU Clause in Contracts

Indemnification of the QIU. Without limitation and in addition to its obligation under the other subsections of this Section 8, the Company and the Guarantor agree to indemnify and hold harmless the QIU, its officers and employees and each person, if any, who controls the QIU within the meaning of Section 15 and Section 20 of the Exchange Act against any and all losses, claims, damages or liabilities arising out of or based upon the QIU’s acting as a “qualified independent underwriter” (within the meaning of Rule 5121(f)(12) of FINRA) in connection with the offering contemplated by this Agreement, and agrees to reimburse each such indemnified person for any legal or other expense reasonably incurred by them in connection with investigating or defending against any loss, claim, damage, liability, action, litigation, investigation or proceeding whatsoever (whether or not the QIU is a party thereto), whether threatened or commenced, and in connection with the enforcement of this provision with respect to any of the above as such expenses are incurred; provided, however, that the Company and the Guarantor shall not be liable in any such case to the extent that any such loss, claim, damage or liability results from the gross negligence or willful misconduct of the QIU.

Appears in 1 contract

Samples: Underwriting Agreement (Ak Steel Holding Corp)

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Indemnification of the QIU. Without limitation and in addition to its obligation under the other subsections of this Section 86, the Company and the Guarantor Parties agree to indemnify and hold harmless the QIU, its officers and employees and each person, if any, who controls the QIU within the meaning of Section 15 and Section 20 of the Exchange Act against any and all losses, claims, damages or liabilities arising out of or based upon the QIU’s acting as a “qualified independent underwriter” (within the meaning of Rule 5121(f)(12) of FINRA) in connection with the offering contemplated by this Agreement, and agrees to reimburse each such indemnified person for any legal or other expense reasonably incurred by them in connection with investigating or defending against any loss, claim, damage, liability, action, litigation, investigation or proceeding whatsoever (whether or not the QIU is a party thereto), whether threatened or commenced, and in connection with the enforcement of this provision with respect to any of the above as such expenses are incurred; provided, however, that the Company and the Guarantor Parties shall not be liable in any such case to the extent that any such loss, claim, damage or liability results from the gross negligence or willful misconduct of the QIUQIU as determined in a final non-appealable judgment of a court of competent jurisdiction.

Appears in 1 contract

Samples: Underwriting Agreement (Southwestern Energy Co)

Indemnification of the QIU. Without limitation and in addition to its obligation under the other subsections of this Section 87, the Company and each of the Guarantor agree Guarantors jointly and severally agrees to indemnify and hold harmless KeyBanc Capital Markets Inc. (the QIU”), its affiliates, directors and officers and employees and each person, if any, who controls the QIU within the meaning of Section 15 and of the Securities Act or Section 20 of the Exchange Act Act, from and against any and all losses, claims, damages and liabilities (including without limitation, legal fees and other expenses incurred in connection with any suit action or liabilities arising proceeding or any claim asserted, as such fees and expenses are incurred), joint and several, that arise out of or are based upon the QIU’s acting as a “qualified independent underwriter” (within the meaning of Rule 5121(f)(12) 5121 of FINRAthe Financial Industry Regulatory Authority, Inc.) in connection with the offering contemplated by this Agreement, and agrees to reimburse each such indemnified person for any legal or other expense reasonably incurred by them in connection with investigating investigating, defending, settling, compromising or defending against paying any such loss, claim, damage, liability, expense or action, litigation, investigation or proceeding whatsoever (whether or not the QIU is a party thereto), whether threatened or commenced, and in connection with the enforcement of this provision with respect to any of the above as such expenses are incurred; provided, however, that the Company and the Guarantor shall not be liable in any such case to the extent that any such loss, claim, damage damage, or liability results from the gross negligence or willful misconduct of the QIU.

Appears in 1 contract

Samples: Underwriting Agreement (American Axle & Manufacturing Holdings Inc)

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Indemnification of the QIU. Without limitation and in addition to its obligation under the other subsections of this Section 8, the Company and the Guarantor agree to indemnify and hold harmless the QIU, its officers and employees and each person, if any, who controls the QIU within the meaning of Section 15 and Section 20 of the Exchange Act against any and all losses, claims, damages or liabilities arising out of or based upon the QIU’s 's acting as a “qualified independent underwriter” (within the meaning of Rule 5121(f)(12) of FINRA) in connection with the offering contemplated by this Agreement, and agrees to reimburse each such indemnified person for any legal or other expense reasonably incurred by them in connection with investigating or defending against any loss, claim, damage, liability, action, litigation, investigation or proceeding whatsoever (whether or not the QIU is a party thereto), whether threatened or commenced, and in connection with the enforcement of this provision with respect to any of the above as such expenses are incurred; provided, however, that the Company and the Guarantor shall not be liable in any such case to the extent that any such loss, claim, damage or liability results from the gross negligence or willful misconduct of the QIU.

Appears in 1 contract

Samples: Underwriting Agreement (Ak Steel Holding Corp)

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