Common use of Survival and Indemnification Clause in Contracts

Survival and Indemnification. All representations, warranties and covenants contained in this Subscription Agreement and the indemnification contained in this Paragraph shall survive (i) the acceptance of the Subscription Agreement by the Company, (ii) changes in any transactions, documents and instruments, including the Partnership Agreement, which are not material or which are to the benefit of the Subscriber, and (iii) the death, incapacity or disability of the Subscriber. The Subscriber acknowledges that it understands the meaning and legal consequences of the representations, warranties and covenants contained in this Subscription Agreement, including this Paragraph hereof, and that the Company has relied upon such representations, warranties and covenants in determining the Subscriber’s qualification and suitability to purchase the Units. The Subscriber hereby agrees to indemnify, defend and hold harmless the Company, and the directors, officers, employees, agents and controlling persons of the Company, from and against any and all losses, claims, damages, liabilities, expenses (including attorneys’ fees and costs), judgments or amounts paid in settlement of actions arising out of or resulting from the untruth of any representation in this Subscription Agreement or the breach of any warranty or covenant contained in this Subscription Agreement.

Appears in 13 contracts

Samples: Contribution and Subscription Agreement (Wheeler Real Estate Investment Trust, Inc.), Contribution and Subscription Agreement (Wheeler Real Estate Investment Trust, Inc.), Contribution and Subscription Agreement (Wheeler Real Estate Investment Trust, Inc.)

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Survival and Indemnification. All representations, warranties and covenants contained in this Subscription Agreement or any other documents executed and delivered in connection therewith and the indemnification contained in this Paragraph 6 shall survive (i) the acceptance of the this Subscription Agreement by the Company, (ii) changes in any the transactions, documents and instruments, including the Partnership Agreement, which are not material or which are to the benefit of the Subscriberinstruments described herein, and (iii) the death, incapacity disability or disability dissolution of the Subscriber. The Subscriber acknowledges that it understands the meaning and legal consequences of the representations, warranties and covenants contained in this Subscription Agreement, including this Paragraph hereof, and that the Company has relied upon such representations, warranties and covenants in determining the Subscriber’s qualification and suitability to purchase acquire the UnitsCommon Stock. The Subscriber hereby agrees to indemnify, defend and hold harmless the Company, and the its officers, directors, officers, employees, agents and controlling persons of the Companypersons, from and against any and all losses, claims, damages, liabilities, expenses (including attorneys’ fees and costsdisbursements), judgments or amounts paid in settlement of actions arising out of or resulting from the untruth of any representation in this Subscription Agreement herein or the breach of any warranty warranty, covenant or covenant contained acknowledgment made herein by the Subscriber shall in this Subscription Agreementany manner be deemed to constitute a waiver of any rights granted to it under the Act or any State Securities Laws.

Appears in 4 contracts

Samples: Subscription Agreement (Fits My Style Inc), Subscription Agreement (Fits My Style Inc), Subscription Agreement (Taste on Demand Inc)

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Survival and Indemnification. All representations, warranties and covenants contained in this Subscription Agreement and the indemnification contained in this Paragraph 4 shall survive (i) the acceptance of the Subscription Agreement by the Company, Company and (ii) changes in any transactions, documents and instruments, including the Partnership Agreement, which are not material or which are to the benefit of the Subscriber, and (iii) the death, incapacity death or disability of the Subscriber. The Subscriber acknowledges that it understands the meaning and legal consequences of the representations, warranties and covenants contained in this Subscription Agreement, including this Paragraph hereof, 3 hereof and that the Company has relied upon such representations, warranties and covenants in determining the Subscriber’s qualification and suitability to purchase the UnitsCommon Stock. The Subscriber hereby agrees to indemnify, defend and hold harmless the Company, and the its officers, directors, officers, employees, agents and controlling persons of the Companypersons, from and against any and all losses, claims, damages, liabilities, expenses (including attorneys’ fees and costsdisbursements), judgments judgment or amounts paid in settlement of actions arising out of or resulting from the untruth of any representation in this Subscription Agreement herein or the breach of any warranty or covenant contained herein. Notwithstanding the foregoing, however, no representation, warranty, covenant or acknowledgment made herein by the Subscriber shall in this Subscription Agreementany manner be deemed to constitute a waiver of any rights granted to it under the Act or State Securities Laws.

Appears in 1 contract

Samples: Subscription Agreement (Ignis Petroleum Group, Inc.)

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