Common use of Limitation of Holders’ Liability Clause in Contracts

Limitation of Holders’ Liability. Notwithstanding the provisions of this Section 2.10, no Holder shall be liable for indemnification or contribution pursuant to this Section 2.10 for any amount in excess of the net proceeds received by such Holder from the sale of Registrable Securities pursuant to a Registration Statement.

Appears in 8 contracts

Samples: Registration Rights Agreement (Lilis Energy, Inc.), Registration Rights Agreement (TRT Holdings Inc), Registration Rights Agreement (Northern Oil & Gas, Inc.)

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Limitation of Holders’ Liability. Notwithstanding the provisions of this Section 2.102.09, no Holder shall be liable for indemnification or contribution pursuant to this Section 2.10 2.09 for any amount in excess of the net proceeds received by such Holder from the sale of Registrable Securities Shares pursuant to a Registration Statement.

Appears in 4 contracts

Samples: Registration Rights Agreement (TRT Holdings Inc), Registration Rights Agreement (Northern Oil & Gas, Inc.), Registration Rights Agreement (Northern Oil & Gas, Inc.)

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Limitation of Holders’ Liability. Notwithstanding the provisions of this Section 2.10, no Holder shall be liable for indemnification or contribution pursuant to this Section 2.10 for any amount in excess of the net proceeds received by such Holder from the sale of Registrable Securities pursuant to a Registration Statement.. - 17 -

Appears in 1 contract

Samples: Registration Rights Agreement (Lilis Energy, Inc.)

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