Common use of Liability for Future Claims Clause in Contracts

Liability for Future Claims. Neither any statement by you, as Representative of the Underwriters, of any credit or debit balance in our account nor any reservation from distribution to cover possible additional expenses relating to the Shares shall constitute any representation by you as to the existence or non-existence of possible unforeseen expenses or liabilities of or charges against the Underwriters. Notwithstanding the distribution of any net credit balance to us or the termination of this Agreement or both, we shall be and remain liable for, and will pay on demand, (a) our proportionate share (based on our underwriting obligations) of all expenses and liabilities which may be incurred by or for the accounts of the Underwriters or any of them, including any liability which may be incurred by or for the accounts of the Underwriters or any of them based on the claim that the Underwriters constitute an association, unincorporated business, partnership, or separate entity, and (b) any transfer taxes paid after such settlement on account of any sale or transfer for our account.

Liability for Future Claims. Neither any statement by you, as Representative of the Underwriters, of any credit or debit balance in our account nor any reservation from distribution to cover possible additional expenses relating to the Shares shall constitute any representation by you as to the existence or non-existence of possible unforeseen expenses or liabilities of or charges against the several Underwriters. Notwithstanding the distribution of any net credit balance to us or the termination of this Agreement or both, we shall be and remain liable for, and will pay on demand, (a) our proportionate share (based on our underwriting obligations) of all expenses and liabilities which may be incurred by or for the accounts of the Underwriters or any of themUnderwriters, including any liability which may be incurred by or for the accounts of the Underwriters or any of them based on the claim that the Underwriters constitute an association, unincorporated business, partnership, partnership or any separate entity, and (b) any transfer taxes paid after such settlement on account of any sale or transfer for our account.

Liability for Future Claims. Neither any statement by you, as Representative of the Underwriters, of any credit or debit balance in our account nor any reservation from distribution to cover possible additional expenses relating to the Shares shall constitute any representation by you as to the existence or non-existence of possible unforeseen expenses or liabilities of or charges against the several Underwriters. Notwithstanding the distribution of any net credit balance to us or the termination of this Agreement or both, we shall be and remain liable for, and will pay on demand, (a) our proportionate share (based on our underwriting obligations) of all expenses and liabilities which may be incurred by or for the accounts of the Underwriters or any of themUnderwriters, including any liability which may be incurred by or for the accounts of the Underwriters, including any liability which may be incurred by the Underwriters or any of them based on the claim that the Underwriters constitute an association, unincorporated business, partnership, partnership or any separate entity, and (b) any transfer taxes paid after such settlement on account of any sale or transfer for our account.

Liability for Future Claims. Neither any statement by you, as Representative of the Underwriters, you of any credit or debit balance in our account nor any reservation from distribution to cover possible additional expenses relating to the Shares Securities shall constitute any representation by you as to the existence or non-existence of possible unforeseen expenses or liabilities of or charges against the several Underwriters. Notwithstanding the distribution of any net credit balance to us or the termination of this Agreement or both, we shall be and remain liable for, and will pay on demand, (a) our proportionate share (based on our underwriting obligationsUnderwriting Obligation) of all expenses and liabilities which may be incurred by or for the accounts of the Underwriters Underwriters, or any of them, including any liability which may be incurred by or for the accounts of the Underwriters or any of them based on the claim that the Underwriters constitute an association, unincorporated business, partnership, partnership or any separate entity, and (b) any transfer taxes paid after such settlement on account of any sale or transfer for our account.

Liability for Future Claims. Neither any statement by you, as Representative of the Underwriters, of any credit or debit balance in our account nor any reservation from distribution to cover possible additional expenses relating to the Shares and/or Warrants shall constitute any representation by you as to the existence or non-existence of possible unforeseen expenses or liabilities of or charges against the Underwriters. Notwithstanding the distribution of any net credit balance to us or the termination of this Agreement or both, we shall be and remain liable for, and will pay on demand, (a) our proportionate share (based on our underwriting obligations) of all expenses and liabilities which may be incurred by or for the accounts of the Underwriters or any of them, including any liability which may be incurred by or for the accounts of the Underwriters or any of them based on the claim that the Underwriters constitute an association, unincorporated business, partnership, or separate entity, and (b) any transfer taxes paid after such settlement on account of any sale or transfer for our account.

Liability for Future Claims. Neither any statement by you, as Representative of the Underwriters, you of any credit or debit balance in our account nor any reservation from distribution to cover possible additional expenses relating to the Shares Securities shall constitute any representation by you as to the existence or non-existence of possible unforeseen expenses or liabilities of or charges against the several Underwriters. Notwithstanding the distribution of any net credit balance to us or the termination of this Agreement or both, we shall be and remain liable for, and will pay on demand, (a) our proportionate share (based on our underwriting obligationsUnderwriting Obligation) of all expenses and liabilities which may be incurred by or for the accounts of the Underwriters Underwriters, or any of them, including any liability which may be incurred by or for the accounts of the Underwriters or any of them based on the claim that the Underwriters constitute an association, unincorporated business, partnership, partnership or any separate entity, and (b) any transfer taxes paid after such settlement on account of any sale or transfer for our account.

Liability for Future Claims. Neither any statement by you, as Representative of the Underwriters, you of any credit or debit balance in our account nor any reservation from distribution to cover possible additional expenses relating to the Shares shall constitute any representation by you as to the existence or non-existence of possible unforeseen expenses or liabilities of or charges against the several Underwriters. Notwithstanding the distribution of any net credit balance to us or the termination of this Agreement or both, we shall be and remain liable for, and will pay on demand, (a) our proportionate share (based on our underwriting obligationsUnderwriting Obligation) of all expenses and liabilities which may be incurred by or for the accounts of the Underwriters Underwriters, or any of them, including any liability which may be incurred by or for the accounts of the Underwriters Underwriters, or any of them them, based on the claim that the Underwriters constitute an association, unincorporated business, partnership, partnership or any separate entity, and (b) any transfer taxes paid after such settlement on account of any sale or transfer for our account.

Liability for Future Claims. Neither any statement by you, as Representative of the Underwriters, of any credit or debit balance in our account nor any reservation from distribution to cover possible additional expenses relating to the Shares Units shall constitute any representation by you as to the existence or non-existence of possible unforeseen expenses or liabilities of or charges against the several Underwriters. Notwithstanding the distribution of any net credit balance to us or the termination of this Agreement or both, we shall be and remain liable for, and will pay on demand, (a) our proportionate share (based on our underwriting obligations) of all expenses and liabilities which may be incurred by or for the accounts of the Underwriters or any of them, including any liability which may be incurred by or for the accounts of the Underwriters or any of them based on the claim that the Underwriters constitute an association, unincorporated business, partnership, or separate entity, and (b) any transfer taxes paid after such settlement on account of any sale or transfer for our account.

Liability for Future Claims. Neither any statement by you, as Representative of the Underwriters, Representatives of any credit or debit balance in our your account nor any reservation from distribution to cover possible additional expenses relating to the Shares Securities shall constitute any representation by you them as to the existence or non-existence nonexistence of possible unforeseen expenses or liabilities of or charges against the several Underwriters. Notwithstanding the distribution of any net credit balance to us you or the termination of after such time as this Agreement shall no longer be applicable to an Offering or both, we you shall be and remain liable for, and will pay on demand, (a) our your proportionate share (based on our underwriting obligationsyour Initial Commitment) of all expenses and liabilities which may be incurred by or for the accounts of the Underwriters Underwriters, or any of them, including any liability which may be incurred by or for the accounts of the Underwriters or any of them based on the claim that the Underwriters (and any underwriters, representatives or managers party to any Inter-Syndicate Agreements) constitute an association, unincorporated business, partnership, partnership or any separate entity, and (b) any transfer taxes paid after such settlement on account of any sale or transfer for our your account.

Liability for Future Claims. Neither any statement by you, as Representative of the Underwriters, you of any credit or debit balance in our account nor any reservation from distribution to cover possible additional expenses relating to the Shares Securities shall constitute any representation by you as to the existence or non-existence of possible unforeseen expenses or liabilities of or charges against the several Underwriters. Notwithstanding the distribution of any net credit balance to us or the termination of this Agreement or both, we shall be and remain liable for, and will pay on demand, (a) our proportionate share (based on our underwriting obligationsUnderwriting Obligation) of all expenses and liabilities which may be incurred by or for the accounts of the Underwriters Underwriters, or any of them, including any liability which may be incurred by or for the accounts of the Underwriters Underwriters, or any of them them, based on the claim that the Underwriters constitute an association, unincorporated business, partnership, partnership or any separate entity, and (b) any transfer taxes paid after such in settlement on account of any sale or transfer for our account.

Liability for Future Claims. Neither any statement by you, as Representative of the Underwriters, you of any credit or debit balance in our account nor any reservation from distribution to cover possible additional expenses relating to the Shares Units shall constitute any representation by you as to the existence or non-existence of possible unforeseen expenses or liabilities of or charges against the several Underwriters. Notwithstanding the distribution of any net credit balance to us or the termination of this Agreement or both, we shall be and remain liable for, and will pay on demand, (a) our proportionate share (based on our underwriting obligationsUnderwriting Obligation) of all expenses and liabilities which may be incurred by or for the accounts of the Underwriters Underwriters, or any of them, including any liability which may be incurred by or for the accounts of the Underwriters underwriters, or any of them them, based on the claim that the Underwriters constitute an association, unincorporated business, partnership, partnership or any separate entity, and (b) any transfer taxes paid after such settlement on account of any sale or transfer for our account.

Liability for Future Claims. Neither any statement by you, as Representative of the Underwriters, you of any credit or debit balance in our account nor any reservation from distribution to cover possible additional expenses relating to the Shares Units shall constitute any representation by you as to the existence or non-existence of possible unforeseen expenses or liabilities of or charges against the several Underwriters. Notwithstanding the distribution of any net credit balance to us or the termination of this Agreement or both, we shall be and remain liable for, and will pay on demand, (a) our proportionate share (based on our underwriting obligationsUnderwriting Obligation) of all expenses and liabilities which may be incurred by or for the accounts of the Underwriters Underwriters, or any of them, including any liability which may be incurred by or for the accounts of the Underwriters Underwriters, or any of them them, based on the claim that the Underwriters constitute an association, unincorporated business, partnership, partnership or any separate entity, and (b) any transfer taxes paid after such settlement on account of any sale or transfer for our account. 9.