Common use of Waiver of Claims; Indemnification Clause in Contracts

Waiver of Claims; Indemnification. Each Purchaser hereby waives any and all rights to assert any present or future claims, including any right of rescission, against the Company or Banc of America Securities LLC or CRT Capital Group LLC with respect to such Purchaser’s purchase of the Warrants, and such Purchaser agrees to indemnify and hold the Company, Banc of America Securities LLC and CRT Capital Group LLC harmless from all losses, damages or expenses that relate to claims or proceedings brought against the Company or Banc of America Securities LLC or CRT Capital Group LLC by any of such Purchaser’s transferees, heirs, successors, assigns or any subsequent holders of the Warrants or underlying securities.

Appears in 5 contracts

Samples: Placement Warrant Purchase Agreement, Placement Warrant Purchase Agreement (Transforma Acquisition Group Inc.), Placement Warrant Purchase Agreement (Transforma Acquisition Group Inc.)

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