Common use of Purchaser Indemnification Clause in Contracts

Purchaser Indemnification. The Purchaser acknowledges that the Purchaser understands the meaning and legal consequences of the representations, warranties and agreements contained in this Agreement, and hereby agrees to indemnify and hold harmless the Company and any affiliate thereof, and the officers, directors, stockholders, agents and employees of the foregoing or any professional advisors thereto from and against any and all loss, damage, liability or expense (including reasonable attorneys' fees) due to or arising out of a breach of any representation or warranty or failure to fulfill any obligation of the Purchaser, contained in this Agreement, or arising out of the sale or distribution by the Purchaser of any Securities in violation of the Securities Act or any applicable state securities laws. Notwithstanding any of the representations, warranties, acknowledgments or agreements made herein by the Purchaser, the Purchaser does not hereby, or in any other manner, waive any rights granted to him or her under federal or state securities laws.

Appears in 6 contracts

Samples: Securities Purchase Agreement (Protea Biosciences Group, Inc.), Warrant Purchase and Reimbursement Agreement (Protea Biosciences Group, Inc.), Securities Purchase Agreement (Protea Biosciences Group, Inc.)

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Purchaser Indemnification. The Each Purchaser acknowledges that the such Purchaser understands the meaning and legal consequences of the representations, warranties and agreements contained in this Agreement, and hereby agrees to indemnify and hold harmless the Company and any affiliate thereof, and the officers, directors, stockholders, agents and employees of the foregoing or any professional advisors thereto from and against any and all loss, damage, liability or expense (including reasonable attorneys' fees) due to or arising out of a breach of any representation or warranty or failure to fulfill any obligation of the such Purchaser, contained in this Agreement, or arising out of the sale or distribution by the such Purchaser of any Securities in violation of the Securities Act or any applicable state securities laws. Notwithstanding any of the representations, warranties, acknowledgments or agreements made herein by the such Purchaser, the such Purchaser does not hereby, or in any other manner, waive any rights granted to him or her under federal or state securities laws.

Appears in 1 contract

Samples: Note and Warrant (Protea Biosciences Group, Inc.)

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Purchaser Indemnification. The Each Purchaser acknowledges that the such Purchaser understands the meaning and legal consequences of the representations, warranties and agreements contained in this Agreement, and hereby agrees to indemnify and hold harmless the Company and any affiliate thereof, and the officers, directors, stockholders, agents and employees of the foregoing or any professional advisors thereto from and against any and all loss, damage, liability or expense (including reasonable attorneys' fees) due to or arising out of a breach of any representation or warranty or failure to fulfill any obligation of the such Purchaser, contained in this Agreement, or arising out of the sale or distribution by the such Purchaser of any Securities Notes in violation of the Securities Act or any applicable state securities laws. Notwithstanding any of the representations, warranties, acknowledgments or agreements made herein by the such Purchaser, the such Purchaser does not hereby, or in any other manner, waive any rights granted to him or her under federal or state securities laws.

Appears in 1 contract

Samples: Note Purchase Agreement (Protea Biosciences Group, Inc.)

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