Common use of SAFE Indemnity Clause in Contracts

SAFE Indemnity. Each of the Warrantors shall jointly and severally indemnify and hold harmless each Indemnitee from and against any Loss attributable to any liability for any non-compliance regarding the SAFE registration according to the Circular 37 or any of the SAFE Rules and Regulations by any of the Founders or any other employee of the Group Companies who is required to comply with such SAFE Rules and Regulations with respect to their holdings of Equity Securities in the Company and round-trip investment in the PRC through the WFOE. The indemnification obligation of the Warrantors under this Section 1(c) shall not be affected, qualified or restricted in any way by any matter disclosed in the Disclosure Schedule.

Appears in 3 contracts

Samples: Share Purchase Agreement (AiHuiShou International Co. Ltd.), Series E Preferred Share Purchase Agreement (AiHuiShou International Co. Ltd.), Series E Preferred Share Purchase Agreement (AiHuiShou International Co. Ltd.)

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SAFE Indemnity. Each of the Warrantors shall jointly and severally indemnify and hold harmless each the Indemnitee from and against any Loss attributable to any liability for any non-compliance regarding the SAFE registration according to the Circular 37 or any of the SAFE Rules and Regulations by any of the Founders or any other employee of the Group Companies who is required to comply with such SAFE Rules and Regulations with respect to their holdings of Equity Securities in the Company and round-trip investment in the PRC through the WFOE. The indemnification obligation of the Warrantors under this Section 1(c) shall not be affected, qualified or restricted in any way by any matter disclosed in the Disclosure Schedule.

Appears in 1 contract

Samples: Share Purchase Agreement (AiHuiShou International Co. Ltd.)

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