Common use of Indemnification by Holder Clause in Contracts

Indemnification by Holder. In connection with any registration pursuant to the terms of this Agreement, each Purchaser will furnish to the Company in writing such information as the Company reasonably requests concerning the holders of Registrable Securities and Additional Registrable Securities or the proposed manner of distribution for use in connection with any Registration Statement or Prospectus and agrees, severally but not jointly, to indemnify and hold harmless, to the fullest extent permitted by law, the Company, its directors, officers, employees, stockholders and each person who controls the Company (within the meaning of the ▇▇▇▇ ▇▇▇) against any losses, claims, damages, liabilities and expense (including reasonable attorney’s fees) resulting from any untrue statement of a material fact or any omission of a material fact required to be stated in the Registration Statement or Prospectus or preliminary prospectus or amendment or supplement thereto or necessary to make the statements therein not misleading, to the extent, but only to the extent that such untrue statement or omission is contained in any information furnished in writing by such Purchaser to the Company specifically for inclusion in such Registration Statement or Prospectus or amendment or supplement thereto and that such information was substantially relied upon by the Company in preparation of the Registration Statement or Prospectus or any amendment or supplement thereto. In no event shall the liability of a Purchaser be greater in amount than the dollar amount of the proceeds (net of all expenses paid by such Purchaser and the amount of any damages such holder has otherwise been required to pay by reason of such untrue statement or omission) received by such Purchaser upon the sale of the Registrable Securities or Additional Registrable Securities included in the Registration Statement giving rise to such indemnification obligation.

Appears in 4 contracts

Sources: Purchase Agreement (Hq Sustainable Maritime Industries, Inc.), Registration Rights Agreement (Harken Energy Corp), Registration Rights Agreement (Ophthalmic Imaging Systems)

Indemnification by Holder. In connection with any registration pursuant to the terms of this Agreement, each Purchaser Investor will furnish to the Company in writing such information as the Company reasonably requests concerning the holders of Registrable Securities and Additional Registrable Securities or the proposed manner of distribution for use in connection with any Registration Statement or Prospectus and agrees, severally but not jointly, to indemnify and hold harmless, to the fullest extent permitted by law, the Company, its directors, officers, employees, stockholders and each person who controls the Company (within the meaning of the ▇▇▇▇ ▇▇▇) against any losses, claims, damages, liabilities and expense (including reasonable attorney’s 's fees) resulting from any untrue statement of a material fact or any omission of a material fact required to be stated in the Registration Statement or Prospectus or preliminary prospectus or amendment or supplement thereto or necessary to make the statements therein not misleading, to the extent, but only to the extent that such untrue statement or omission is contained in any information furnished in writing by such Purchaser Investor to the Company specifically for inclusion in such Registration Statement or Prospectus or amendment or supplement thereto and that such information was substantially relied upon by the Company in preparation of the Registration Statement or Prospectus or any amendment or supplement thereto. In no event shall the liability of a Purchaser an Investor be greater in amount than the dollar amount of the proceeds (net of all expenses expense paid by such Purchaser Investor and the amount of any damages such holder has otherwise been required to pay by reason of such untrue statement or omission) received by such Purchaser Investor upon the sale of the Registrable Securities or Additional Registrable Securities included in the Registration Statement giving rise to such indemnification obligation.

Appears in 4 contracts

Sources: Registration Rights Agreement (Ursus Telecom Corp), Purchase Agreement (Insci Statements Com Corp), Registration Rights Agreement (Insci Statements Com Corp)

Indemnification by Holder. In connection with any registration pursuant to the terms of this Agreement, each Purchaser Investor will furnish to the Company in writing such information as the Company reasonably requests concerning the holders of Registrable Securities and Additional Registrable Securities or the proposed manner of distribution for use in connection with any Registration Statement or Prospectus and agrees, severally but not jointly, to indemnify and hold harmless, to the fullest extent permitted by law, the Company, its directors, officers, employees, stockholders and each person who controls the Company (within the meaning of the ▇▇▇▇ ▇▇▇) against any losses, claims, damages, liabilities and expense (including reasonable attorney’s 's fees) resulting from any untrue statement of a material fact or any omission of a material fact required to be stated in the Registration Statement or Prospectus or preliminary prospectus or amendment or supplement thereto or necessary to make the statements therein not misleading, to the extent, but only to the extent that such untrue statement or omission is contained in any information furnished in writing by such Purchaser Investor to the Company specifically for inclusion in such Registration Statement or Prospectus or amendment or supplement thereto and that such information was substantially relied upon by the Company in preparation of the Registration Statement or Prospectus or any amendment or supplement thereto. In no event shall the liability of a Purchaser an Investor be greater in amount than the dollar amount of the proceeds (net of all expenses expense paid by such Purchaser Investor and the amount of any damages such holder has otherwise been required to pay by reason of such untrue statement or omission) received by such Purchaser Investor upon the sale of the Registrable Securities, Second Closing Registrable Securities or Additional Registrable Securities included in the Registration Statement giving rise to such indemnification obligation.

Appears in 2 contracts

Sources: Subscription Agreement (Stratus Services Group Inc), Subscription Agreement (Stratus Services Group Inc)

Indemnification by Holder. In connection with any registration pursuant to the terms of this Agreement, each Purchaser the Investor will furnish to the Company in writing such information as the Company reasonably requests concerning the holders of Registrable Securities and Additional Registrable Securities or the proposed manner of distribution for use in connection with any Registration Statement or Prospectus and agrees, severally but not jointly, agrees to indemnify and hold harmless, to the fullest extent permitted by law, the Company, its directors, officers, employees, stockholders and each person who controls the Company (within the meaning of the ▇▇▇▇ ▇▇▇) against any losses, claims, damages, liabilities and expense (including reasonable attorney’s fees) resulting from any untrue statement of a material fact or any omission of a material fact required to be stated in the Registration Statement or Prospectus or preliminary prospectus or amendment or supplement thereto or necessary to make the statements therein not misleading, to the extent, but only to the extent that such untrue statement or omission is contained in any information furnished in writing by such Purchaser Investor to the Company specifically for inclusion in such Registration Statement or Prospectus or amendment or supplement thereto and that such information was substantially relied upon by the Company in preparation of the Registration Statement or Prospectus or any amendment or supplement thereto. In no event shall the liability of a Purchaser an Investor be greater in amount than the dollar amount of the proceeds (net of all expenses expense paid by such Purchaser Investor and the amount of any damages such holder has otherwise been required to pay by reason of such untrue statement or omission) received by such Purchaser Investor upon the sale of the Registrable Securities or Additional Registrable Securities included in the Registration Statement giving rise to such indemnification obligation.

Appears in 2 contracts

Sources: Registration Rights Agreement (Nexmed Inc), Registration Rights Agreement (Nexmed Inc)

Indemnification by Holder. In connection with any registration pursuant to the terms of this Agreement, each Purchaser the Investor will furnish to the Company in writing such information as the Company reasonably requests concerning the holders of Registrable Securities and Additional Registrable Securities or the proposed manner of distribution for use in connection with any Registration Statement or Prospectus and agrees, severally but not jointly, agrees to indemnify and hold harmless, to the fullest extent permitted by law, the Company, its directors, officers, employees, stockholders and each person who controls the Company (within the meaning of the ▇▇▇▇ ▇▇▇) against any losses, claims, damages, liabilities and expense (including reasonable attorney’s 's fees) resulting from any untrue statement of a material fact or any omission of a material fact required to be stated in the Registration Statement or Prospectus or preliminary prospectus or amendment or supplement thereto or necessary to make the statements therein not misleading, to the extent, but only to the extent that such untrue statement or omission is contained in any information furnished in writing by such Purchaser Investor to the Company specifically for inclusion in such Registration Statement or Prospectus or amendment or supplement thereto and that such information was substantially relied upon by the Company in preparation of the Registration Statement or Prospectus or any amendment or supplement thereto. In no event shall the liability of a Purchaser an Investor be greater in amount than the dollar amount of the proceeds (net of all expenses expense paid by such Purchaser Investor and the amount of any damages such holder has otherwise been required to pay by reason of such untrue statement or omission) received by such Purchaser Investor upon the sale of the Registrable Securities or Additional Registrable Securities included in the Registration Statement giving rise to such indemnification obligation.

Appears in 2 contracts

Sources: Registration Rights Agreement (Nexmed Inc), Registration Rights Agreement (Nexmed Inc)

Indemnification by Holder. In connection with any registration pursuant to the terms of this Agreement, each Purchaser the Holder will furnish to the Company in writing such information as required by the Company reasonably requests 1933 Act concerning the holders of Registrable Securities and Additional Registrable Securities Holder or the proposed manner of distribution for use in connection with any Registration Statement or Prospectus and agrees, severally but not jointly, agrees to indemnify and hold harmless, to the fullest extent permitted by law, the Company, its directors, officers, employees, stockholders and each person who controls the Company (within the meaning of the ▇▇▇▇ ▇▇▇) against any losses, claims, damages, liabilities and expense (including reasonable attorney’s 's fees) resulting from any untrue statement of a material fact in the Registration Statement or Prospectus or preliminary prospectus or amendment or supplement thereto or any omission of a material fact required to be stated in the Registration Statement or Prospectus or preliminary prospectus or amendment or supplement thereto or necessary to make the statements therein not misleading, to the extent, but only to the extent that such untrue statement is contained or such omission is contained made in any information about the Holder furnished in writing by such Purchaser Holder to the Company specifically for inclusion in such Registration Statement or Prospectus or amendment or supplement thereto and that such information was substantially relied upon by the Company in preparation of the Registration Statement or Prospectus or any amendment or supplement thereto. In no event shall the liability of a Purchaser the Holder be greater in amount than the dollar amount of the proceeds (net of the cost of the Registrable Securities and Additional Registrable Securities sold and all expenses paid by such Purchaser the Holder and not reimbursed by the Company and the amount of any damages such holder the Holder has otherwise been required to pay by reason of such untrue statement or omission) received by such Purchaser the Holder upon the sale of the Registrable Securities or Additional Registrable Securities included in the Registration Statement giving rise to such indemnification obligation.

Appears in 2 contracts

Sources: Registration Rights Agreement (Zix Corp), Registration Rights Agreement (Zix Corp)

Indemnification by Holder. In connection with any registration pursuant Each Holder who elects to the terms of this Agreement, each Purchaser will furnish to the Company in writing such information as the Company reasonably requests concerning the holders of have Registrable Securities included in a Registration Statement (and Additional such Registrable Securities or the proposed manner of distribution for use in connection with any Registration Statement or Prospectus are actually included therein) agrees to severally and agrees, severally but not jointly, to jointly indemnify and hold harmless, to the fullest extent permitted by law, the Company, its directors, officers, employees, stockholders directors and officers and each person Person who controls the Company (within the meaning of the ▇▇▇▇ ▇▇▇Securities Act or the Exchange Act) from and against any losses, claims, damages, liabilities and expense (including reasonable attorney’s fees) Losses resulting from (i) any untrue statement of a material fact in any Registration Statement in which such Holder elected to include Registrable Securities (including any final, preliminary or summary prospectus contained therein or any amendment thereof or supplement thereto or any documents incorporated by reference therein) or (ii) any omission of to state therein a material fact required to be stated in the Registration Statement or Prospectus or preliminary prospectus or amendment or supplement thereto therein or necessary to make the statements therein (in the case of a prospectus or preliminary prospectus, in light of the circumstances under which they were made) not misleading, to the extent, but only to the extent extent, that such untrue statement or omission is contained arises solely in any reliance upon and in conformity with written information furnished in writing by such Purchaser to the Company specifically by such Holder expressly for inclusion in such Registration Statement and such untrue or Prospectus or amendment or supplement thereto and that omission has not been corrected by such information was substantially relied upon by Holder in a subsequent writing delivered to the Company in preparation a reasonable period of time prior to the filing of such Registration Statement or Prospectus or any amendment or supplement theretoprospectus with the SEC. In no event shall the liability of a Purchaser such Holder hereunder be greater in amount than the dollar amount of the net proceeds (net of all expenses paid by such Purchaser and the amount of any damages such holder has otherwise been required to pay by reason of such untrue statement or omission) received by such Purchaser upon selling Holder as a result of the applicable the sale of the its Registrable Securities or Additional Registrable Securities included in the Registration Statement giving rise to such indemnification obligation. The Company shall be entitled to receive indemnities from underwriters, selling brokers, dealer managers and similar securities industry professionals participating in the distribution, to the same extent as provided above with respect to information furnished in writing by such Persons specifically for inclusion in any prospectus or Registration Statement.

Appears in 2 contracts

Sources: Shareholder Rights Agreement (Net Element, Inc.), Shareholder Rights Agreement (Net Element, Inc.)

Indemnification by Holder. In connection with any registration pursuant to the terms of this Agreement, each Purchaser Investor will furnish to the Company in writing such information as the Company reasonably requests concerning the holders of Registrable Securities and Additional Registrable Securities or the proposed manner of distribution for use in connection with any Registration Statement or Prospectus and agrees, severally but not jointly, to indemnify and hold harmless, to the fullest extent permitted by law, the Company, its directors, officers, employees, stockholders and each person who controls the Company (within the meaning of the ▇▇▇▇ 1933 ▇▇▇) against ▇▇ainst any losses, claims, damages, liabilities and expense (including reasonable attorney’s 's fees) resulting from or arising out of (i) any failure by the Investor to comply with the prospectus delivery requirements or (ii) any untrue statement of a material fact or any omission of a material fact required to be stated in the Registration Statement or Prospectus or preliminary prospectus or amendment or supplement thereto or necessary to make the statements therein not misleading, to the extent, but only to the extent that such untrue statement or omission is contained in any information furnished in writing by such Purchaser Investor to the Company specifically for inclusion in such Registration Statement or Prospectus or amendment or supplement thereto and that such information was substantially relied upon by the Company in preparation of the Registration Statement or Prospectus or any amendment or supplement thereto. In no event shall the liability of a Purchaser an Investor be greater in amount than the dollar amount of the proceeds (net of all expenses expense paid by such Purchaser Investor and the amount of any damages such holder has otherwise been required to pay by reason of such untrue statement or omission) received by such Purchaser Investor upon the sale of the Registrable Securities or Additional Registrable Securities included in the Registration Statement giving rise to such indemnification obligation.

Appears in 2 contracts

Sources: Registration Rights Agreement (Interleukin Genetics Inc), Registration Rights Agreement (Interleukin Genetics Inc)

Indemnification by Holder. In connection with any registration pursuant to the terms of this Agreement, each Purchaser the Holder will furnish to the Company in writing such information as required by the Company reasonably requests 1933 Act concerning the holders of Registrable Securities and Additional Registrable Securities Holder or the proposed manner of distribution for use in connection with any Registration Statement or Prospectus and agrees, severally but not jointly, agrees to indemnify and hold harmless, to the fullest extent permitted by law, the Company, its directors, officers, employees, stockholders and each person who controls the Company (within the meaning of the 1▇▇▇ ▇▇▇) against any losses, claims, damages, liabilities and expense (including reasonable attorney’s fees) resulting from any untrue statement of a material fact in the Registration Statement or Prospectus or preliminary prospectus or amendment or supplement thereto or any omission of a material fact required to be stated in the Registration Statement or Prospectus or preliminary prospectus or amendment or supplement thereto or necessary to make the statements therein not misleading, to the extent, but only to the extent that such untrue statement is contained or such omission is contained made in any information about the Holder furnished in writing by such Purchaser Holder to the Company specifically for inclusion in such Registration Statement or Prospectus or amendment or supplement thereto and that such information was substantially relied upon by the Company in preparation of the Registration Statement or Prospectus or any amendment or supplement thereto. In no event shall the liability of a Purchaser the Holder be greater in amount than the dollar amount of the proceeds (net of the cost of the Registrable Securities and Additional Registrable Securities sold and all expenses paid by such Purchaser the Holder and not reimbursed by the Company and the amount of any damages such holder the Holder has otherwise been required to pay by reason of such untrue statement or omission) received by such Purchaser the Holder upon the sale of the Registrable Securities or Additional Registrable Securities included in the Registration Statement giving rise to such indemnification obligation.

Appears in 1 contract

Sources: Registration Rights Agreement (Zix Corp)

Indemnification by Holder. In connection with As a condition of the Company's obligation under this Article II to effect any registration pursuant to under the terms of this AgreementSecurities Act, each Purchaser will furnish there shall be delivered to the Company in writing such information as the Company reasonably requests concerning the holders of an agreement or agreements duly executed by each holder for whom Registrable Securities and Additional Registrable Securities or the proposed manner of distribution for use in connection with any Registration Statement or Prospectus and agreesare to be so registered, severally but not jointly, whereby such holder agrees to indemnify and hold harmless, to harmless (in the fullest extent permitted by law, same manner as set forth in Section 2.8 above) the Company, its directorseach Person referred to in clause (1), officers(2) or (3) of Section 11(a) of the Securities Act in respect of the registration statement, employees, stockholders each other holder for whom Registrable Securities (as defined in the Prior Registration Rights Agreements and as defined herein) are to be registered and each person other Person, if any, who controls the Company (within the meaning of the ▇▇▇▇ ▇▇▇) against any lossesSecurities Act, claims, damages, liabilities and expense (including reasonable attorney’s fees) resulting from with respect to any untrue statement or alleged untrue statement of a any material fact contained in the registration statement under which the Registrable Securities are to be registered under the Securities Act, in any preliminary prospectus or final prospectus contained therein or in any amendment or supplement thereto, or arise out of or are based upon the omission of or alleged omission to state therein a material fact required to be stated in the Registration Statement or Prospectus or preliminary prospectus or amendment or supplement thereto therein or necessary to make the statements therein not misleading, to which, in each case, is made in or omitted from the extentregistration statement, but only to the extent that such untrue statement preliminary or omission is contained in any information furnished in writing by such Purchaser to the Company specifically for inclusion in such Registration Statement or Prospectus final prospectus or amendment or supplement thereto in reliance upon and that such in conformity with written information was substantially relied upon by furnished to the Company in preparation of the Registration Statement or Prospectus or any amendment or supplement thereto. In no event shall the liability of a Purchaser be greater in amount than the dollar amount of the proceeds (net of all expenses paid by an instrument duly executed by such Purchaser and holder specifically for use in the amount preparation thereof; provided, however, that the indemnification obligations of any damages each such holder has otherwise been required shall be limited to pay by reason of such untrue statement or omission) the net proceeds received by such Purchaser upon holder from the sale of the Registrable Securities or Additional Registrable Securities included in the Registration Statement giving rise pursuant to such indemnification obligationregistration. Such indemnity shall remain in full force and effect regardless of any investigation made by or on behalf of the Company or any Person indemnified by virtue of this Section 2.9 and shall survive the transfer of such securities by such holder and the expiration or termination of this Agreement.

Appears in 1 contract

Sources: Registration Rights Agreement (Veeco Instruments Inc)

Indemnification by Holder. In connection with any registration pursuant to the terms of this Agreement, each Purchaser Seller will furnish to the Company in writing such information as the Company reasonably requests concerning the holders of Registrable Securities and Additional Registrable Securities or the proposed manner of distribution for use in connection with any Registration Statement or Prospectus and agrees, severally but not jointly, to indemnify and hold harmless, to the fullest extent permitted by law, the Company, its directors, officers, employees, stockholders and each person who controls the Company (within the meaning of the ▇▇▇▇ ▇▇▇) against any losses, claims, damages, liabilities and expense (including reasonable attorney’s 's fees) resulting from any untrue statement or alleged untrue statement of a material fact or any omission or alleged omission of a material fact required to be stated in the Registration Statement or Prospectus or preliminary prospectus or amendment or supplement thereto or necessary to make the statements therein not misleading, to the extent, but only to the extent that such untrue statement or omission is contained in any information furnished in writing by such Purchaser Seller to the Company specifically for inclusion in such Registration Statement or Prospectus or amendment or supplement thereto and that such information was substantially relied upon by the Company in preparation of the Registration Statement or Prospectus or any amendment or supplement thereto. In no event shall the liability of a Purchaser an Seller be greater in amount than the dollar amount of the proceeds (net of all expenses paid by such Purchaser and the amount of any damages such holder has otherwise been required to pay by reason of such untrue statement or omission) received by such Purchaser Seller upon the sale of the Registrable Securities or Additional Registrable Securities included in the Registration Statement giving rise to such indemnification obligation.

Appears in 1 contract

Sources: Registration Rights Agreement (Supergen Inc)

Indemnification by Holder. In connection with any registration pursuant to the terms of this Agreement, each Purchaser the Holder will furnish to the Company in writing such information as required by the Company reasonably requests 1933 Act concerning the holders of Registrable Securities and Additional Registrable Securities Holder or the proposed manner of distribution for use in connection with any Registration Statement or Prospectus and agrees, severally but not jointly, agrees to indemnify and hold harmless, to the fullest extent permitted by law, the Company, its directors, officers, employees, stockholders and each person who controls the Company (within the meaning of the ▇▇▇▇ ▇▇▇) against any losses, claims, damages, liabilities and expense (including reasonable attorney’s fees) resulting from any untrue statement of a material fact in the Registration Statement or Prospectus or preliminary prospectus or amendment or supplement thereto or any omission of a material fact required to be stated in the Registration Statement or Prospectus or preliminary prospectus or amendment or supplement thereto or necessary to make the statements therein not misleading, to the extent, but only to the extent that such untrue statement is contained or such omission is contained made in any information about the Holder furnished in writing by such Purchaser Holder to the Company specifically for inclusion in such Registration Statement or Prospectus or amendment or supplement thereto and that such information was substantially relied upon by the Company in preparation of the Registration Statement or Prospectus or any amendment or supplement thereto; provided that the Holder shall not be obligated to indemnify the Company to the extent that any losses, claims, damages, liabilities and expenses result from the Company’s failure to update a Registration Statement with information about the Holder furnished in writing by the Holder to the Company. In no event shall the liability of a Purchaser the Holder be greater in amount than the dollar amount of the proceeds (net of all expenses paid by such Purchaser the cost of the Registrable Securities and the amount of any damages such holder has otherwise been required to pay by reason of such untrue statement or omissionAdditional Registrable Securities sold) received by such Purchaser the Holder upon the sale of the Registrable Securities or Additional Registrable Securities included in the Registration Statement giving rise to such indemnification obligation.

Appears in 1 contract

Sources: Registration Rights Agreement (Insmed Inc)

Indemnification by Holder. In connection with any registration pursuant to the terms of this Agreement, each Purchaser will furnish to the Company in writing such information as the Company reasonably requests concerning the holders of Registrable Securities and Additional Registrable Securities or the proposed manner of distribution for use in connection with any Registration Statement or Prospectus and agrees, severally but not jointly, to indemnify and hold harmless, to the fullest extent permitted by law, the Company, its directors, officers, employees, stockholders and each person who controls the Company (within the meaning of the ▇▇▇▇ ▇▇▇) against any losses, claims, damages, liabilities and expense (including reasonable attorney’s 's fees) resulting from any untrue statement of a material fact or any omission of a material fact required to be stated in the Registration Statement or Prospectus or preliminary prospectus or amendment or supplement thereto or necessary to make the statements therein not misleading, to the extent, but only to the extent that such untrue statement or omission is contained in any information furnished in writing by such Purchaser to the Company specifically for inclusion in such Registration Statement or Prospectus or amendment or supplement thereto and that such information was substantially relied upon by the Company in preparation of the Registration Statement or Prospectus or any amendment or supplement thereto. In no event shall the liability of a Purchaser be greater in amount than the dollar amount of the proceeds (net of all expenses paid by such Purchaser and the amount of any damages such holder has otherwise been required to pay by reason of such untrue statement or omission) received by such Purchaser upon the sale of the Registrable Securities or Additional Registrable Securities included in the Registration Statement giving rise to such indemnification obligation.

Appears in 1 contract

Sources: Registration Rights Agreement (Clickaction Inc)

Indemnification by Holder. In connection with any registration pursuant to the terms of this Agreement, each Purchaser will furnish to the Company in writing such information as the Company reasonably requests concerning the holders of Registrable Securities and Additional Registrable Securities or the proposed manner of distribution for use in connection with any Registration Statement or Prospectus and agrees, severally but not jointly, to indemnify and hold harmless, to the fullest extent permitted by law, the Company, its directors, officers, employees, stockholders and each person who controls the Company (within the meaning of the 1▇▇▇ ▇▇▇) against any losses, claims, damages, liabilities and expense (including reasonable attorney’s fees) resulting from any untrue statement of a material fact or any omission of a material fact required to be stated in the Registration Statement or Prospectus or preliminary prospectus or amendment or supplement thereto or necessary to make the statements therein not misleading, to the extent, but only to the extent that such untrue statement or omission is contained in any information furnished in writing by such Purchaser to the Company specifically for inclusion in such Registration Statement or Prospectus or amendment or supplement thereto and that such information was substantially relied upon by the Company in preparation of the Registration Statement or Prospectus or any amendment or supplement thereto. In no event shall the liability of a Purchaser be greater in amount than the dollar amount of the proceeds (net of all expenses paid by such Purchaser and the amount of any damages such holder has otherwise been required to pay by reason of such untrue statement or omission) received by such Purchaser upon the sale of the Registrable Securities or Additional Registrable Securities included in the Registration Statement giving rise to such indemnification obligation.

Appears in 1 contract

Sources: Registration Rights Agreement (Hearusa Inc)

Indemnification by Holder. In connection with any registration pursuant to the terms of this Agreement, each Purchaser will furnish to the Company in writing such information as the Company reasonably requests concerning the holders of Registrable Securities and Additional Registrable Securities or the proposed manner of distribution for use in connection with any Registration Statement or Prospectus and agrees, severally but not jointly, to indemnify and hold harmless, to the fullest extent permitted by law, the Company, its directors, officers, employees, stockholders employees and each person who controls the Company (within the meaning of the ▇▇▇▇ ▇▇▇) against any losses, claims, damages, liabilities and expense (including reasonable attorney’s 's fees) (i) resulting from any untrue statement of a material fact or any omission of a material fact required to be stated in the Registration Statement or Prospectus or preliminary prospectus or amendment or supplement thereto or necessary to make the statements therein not misleading, to the extent, but only to the extent that such untrue statement or omission is contained in any information furnished in writing by such Purchaser to the Company specifically for inclusion in such Registration Statement or Prospectus or amendment or supplement thereto and that such information was substantially relied upon by the Company in preparation of the Registration Statement or Prospectus or any amendment or supplement thereto or (ii) caused by any violation by such Purchaser of any federal, state or common law rule or regulation applicable to such Purchaser in connection with any Registration Statement, Prospectus or any preliminary prospectus, or any amendment or supplement thereto. In no event shall the liability of a Purchaser be greater in amount than the dollar amount of the proceeds (net of all expenses paid by such Purchaser and the amount of any damages such holder has otherwise been required to pay by reason of such untrue statement or omission) received by such Purchaser upon the sale of the Registrable Securities or Additional Registrable Securities included in the Registration Statement giving rise to such indemnification obligation.

Appears in 1 contract

Sources: Registration Rights Agreement (Genome Therapeutics Corp)

Indemnification by Holder. In connection with any registration ------------------------- pursuant to the terms of this Agreement, each Purchaser Investor will furnish to the Company in writing such information as the Company reasonably requests concerning the holders of Registrable Securities and Additional Registrable Securities or the proposed manner of distribution for use in connection with any Registration Statement or Prospectus and agrees, severally but not jointly, to indemnify and hold harmless, to the fullest extent permitted by law, the Company, its directors, officers, employees, stockholders and each person who controls the Company (within the meaning of the ▇▇▇▇ ▇▇▇) against any losses, claims, damages, liabilities and expense (including reasonable attorney’s 's fees) resulting from any untrue statement of a material fact or any omission of a material fact required to be stated in the Registration Statement or Prospectus or preliminary prospectus or amendment or supplement thereto or necessary to make the statements therein not misleading, to the extent, but only to the extent that such untrue statement or omission is contained in any information furnished in writing by such Purchaser Investor to the Company specifically for inclusion in such Registration Statement or Prospectus or amendment or supplement thereto and that such information was substantially relied upon by the Company in preparation of the Registration Statement or Prospectus or any amendment or supplement thereto. In no event shall the liability of a Purchaser an Investor be greater in amount than the dollar amount of the proceeds (net of all expenses expense paid by such Purchaser Investor and the amount of any damages such holder has otherwise been required to pay by reason of such untrue statement or omission) received by such Purchaser Investor upon the sale of the Registrable Securities or Additional Registrable Securities included in the Registration Statement giving rise to such indemnification obligation.

Appears in 1 contract

Sources: Registration Rights Agreement (Sheffield Pharmaceuticals Inc)

Indemnification by Holder. In connection with any ------------------------- registration pursuant to the terms of this Agreement, each Purchaser the Investor will furnish to the Company in writing such information as the Company reasonably requests concerning the holders of Registrable Securities and Additional Registrable Securities or the proposed manner of distribution for use in connection with any Registration Statement or Prospectus and agrees, severally but not jointly, agrees to indemnify and hold harmless, to the fullest extent permitted by law, the Company, its directors, officers, employees, stockholders and each person who controls the Company (within the meaning of the ▇▇▇▇ ▇▇▇) against any losses, claims, damages, liabilities and expense (including reasonable attorney’s 's fees) resulting from any untrue statement of a material fact or any omission of a material fact required to be stated in the Registration Statement or Prospectus or preliminary prospectus or amendment or supplement thereto or necessary to make the statements therein not misleading, to the extent, but only to the extent that such untrue statement or omission is contained in any information furnished in writing by such Purchaser Investor to the Company specifically for inclusion in such Registration Statement or Prospectus or amendment or supplement thereto and that such information was substantially relied upon by the Company in preparation of the Registration Statement or Prospectus or any amendment or supplement thereto. In no event shall the liability of a Purchaser an Investor be greater in amount than the dollar amount of the proceeds (net of all expenses expense paid by such Purchaser Investor and the amount of any damages such holder has otherwise been required to pay by reason of such untrue statement or omission) received by such Purchaser Investor upon the sale of the Registrable Securities or Additional Registrable Securities included in the Registration Statement giving rise to such indemnification obligation.

Appears in 1 contract

Sources: Registration Rights Agreement (Boston Life Sciences Inc /De)

Indemnification by Holder. In connection with any registration pursuant to the terms of this Agreement, each Purchaser will furnish to the Company in writing such information as the Company reasonably requests concerning the holders of Registrable Securities and Additional Registrable Securities or the proposed manner of distribution for use in connection with any Registration Statement or Prospectus and agrees, severally but not jointly, to indemnify and hold harmless, to the fullest extent permitted by law, the Company, its directors, officers, employees, stockholders and each person who controls the Company (within the meaning of the ▇▇▇▇ ▇▇▇1933 Act) against any losses, claims, damages, liabilities and expense expens▇ (including ▇▇▇▇▇ding reasonable attorney’s 's fees) resulting from any untrue statement of a material fact or any omission of a material fact required to be stated in the Registration Statement or Prospectus or preliminary prospectus or amendment or supplement thereto or necessary to make the statements therein not misleading, to the extent, but only to the extent that such untrue statement or omission is contained in any information furnished in writing by such Purchaser to the Company specifically for inclusion in such Registration Statement or Prospectus or amendment or supplement thereto and that such information was substantially relied upon by the Company in preparation of the Registration Statement or Prospectus or any amendment or supplement thereto. In no event shall the liability of a Purchaser be greater in amount than the dollar amount of the proceeds (net of all expenses paid by such Purchaser and the amount of any damages such holder has otherwise been required to pay by reason of such untrue statement or omission) received by such Purchaser upon the sale of the Registrable Securities or Additional Registrable Securities included in the Registration Statement giving rise to such indemnification obligation.

Appears in 1 contract

Sources: Registration Rights Agreement (Trinity Biotech PLC)

Indemnification by Holder. In connection with any registration pursuant to the terms of this Agreement, each Purchaser the Holder will furnish to the Company in writing such information as required by the Company reasonably requests 1933 Act concerning the holders of Registrable Securities and Additional Registrable Securities Holder or the proposed manner of distribution for use in connection with any Registration Statement or Prospectus and agrees, severally but not jointly, agrees to indemnify and hold harmless, to the fullest extent permitted by law, the Company, its directors, officers, employees, stockholders and each person who controls the Company (within the meaning of the ▇▇▇▇ ▇▇▇) against any losses, claims, damages, liabilities and expense (including reasonable attorney’s 's fees) resulting from any untrue statement of a material fact or any omission of a material fact required to be stated in the Registration Statement or Prospectus or preliminary prospectus or amendment or supplement thereto or necessary to make the statements therein not misleading, to the extent, but only to the extent that such untrue statement or omission is contained in any information furnished in writing by such Purchaser Holder to the Company specifically for inclusion in such Registration Statement or Prospectus or amendment or supplement thereto and that such information was substantially relied upon by the Company in preparation of the Registration Statement or Prospectus or any amendment or supplement thereto. In no event shall the liability of a Purchaser the Holder be greater in amount than the dollar amount of the proceeds (net of the cost of the Registrable Securities and Additional Registrable Securities sold and all expenses paid by such Purchaser the Holder and not reimbursed by the Company and the amount of any damages such holder the Holder has otherwise been required to pay by reason of such untrue statement or omission) received by such Purchaser the Holder upon the sale of the Registrable Securities or Additional Registrable Securities included in the Registration Statement giving rise to such indemnification obligation.

Appears in 1 contract

Sources: Registration Rights Agreement (Viragen Inc)

Indemnification by Holder. In connection with any --------------------------- registration pursuant to the terms of this Agreement, each Purchaser Investor will furnish to the Company in writing such information as the Company reasonably requests concerning the holders of Registrable Securities and Additional Registrable Securities or the proposed manner of distribution for use in connection with any Registration Statement or Prospectus and agrees, severally but not jointly, to indemnify and hold harmless, to the fullest extent permitted by law, the Company, its directors, officers, employees, stockholders and each person who controls the Company (within the meaning of the ▇▇▇▇ ▇▇▇1933 Act) against any losses, claimscl▇▇▇▇, damages▇amages, liabilities and expense (including reasonable attorney’s 's fees) resulting from (i) any untrue statement of a material fact or any omission of a material fact required to be stated in the Registration Statement or Prospectus or preliminary prospectus or amendment or supplement thereto or necessary to make the statements therein in light of the circumstances under which they were made, not misleading, to the extent, but only to the extent that such untrue statement or omission is contained in any information furnished in writing by such Purchaser Investor to the Company specifically for inclusion in such Registration Statement or Prospectus or amendment or supplement thereto and that such information was substantially relied upon by the Company in preparation of the Registration Statement or Prospectus or any amendment or supplement thereto; or (ii) any violation by the Investor of any federal, state or common law, rule or regulation applicable to the Investor in connection with the Registration Statement, Prospectus or any preliminary prospectus or any amendment or supplement thereto, provided that such violation was not caused by the negligence or willful misconduct of the Company. In no event shall the liability of a Purchaser an Investor be greater in amount than the dollar amount of the proceeds (net of all expenses expense paid by such Purchaser Investor and the amount of any damages such holder has otherwise been required to pay by reason of such untrue statement or omission) received by such Purchaser Investor upon the sale of the Registrable Securities or Additional Registrable Securities included in the Registration Statement giving rise to such indemnification obligation.

Appears in 1 contract

Sources: Purchase Agreement (Lifecell Corp)

Indemnification by Holder. In connection with any registration pursuant to the terms of this Agreement, each Purchaser will furnish to the Company in writing such information as the Company reasonably requests concerning the holders of Registrable Securities and Additional Registrable Securities or the proposed manner of distribution for use in connection with any Registration Statement or Prospectus and agrees, severally but not jointly, to indemnify and hold harmless, to the fullest extent permitted by law, the Company, its directors, officers, employees, stockholders and each person who controls the Company (within the meaning of the 1▇▇▇ ▇▇▇) against any losses, claims, damages, liabilities and expense (including reasonable attorney’s fees) resulting from any untrue statement of a material fact or any omission of a material fact required to be stated in the Registration Statement or Prospectus or preliminary prospectus or amendment or supplement thereto or necessary to make the statements therein not misleading, to the extent, but only to the extent that such untrue statement or omission is contained in any information furnished in writing by such Purchaser to the Company specifically for inclusion in such Registration Statement or Prospectus or amendment or supplement thereto and that such information was substantially relied upon by the Company in preparation of the Registration Statement or Prospectus or any amendment or supplement thereto. In no event shall the liability of a Purchaser be greater in amount than the dollar amount of the proceeds (net of all expenses paid by such Purchaser and the amount of any damages such holder has otherwise been required to pay by reason of such untrue statement or omission) received by such Purchaser upon the sale of the Registrable Securities or Additional Registrable Securities included in the Registration Statement giving rise to such indemnification obligation.

Appears in 1 contract

Sources: Registration Rights Agreement (Hearusa Inc)

Indemnification by Holder. In connection with The Company may require, as a condition to including any registration pursuant to the terms of this Agreement, each Purchaser will furnish to the Company in writing such information as the Company reasonably requests concerning the holders of Registrable Securities and Additional Registrable Securities or the proposed manner of distribution for use in connection with any Registration Statement or Prospectus and agreesfiled in accordance with Section 4 hereof, severally but not jointly, that the Company shall have received an undertaking reasonably satisfactory to indemnify and hold harmlessit from the prospective seller of such Registrable Securities to indemnify, to the fullest extent permitted by law, severally and not jointly with any other Holders, the Company, its directors, officers, employees, stockholders directors and officers and each person Person who controls the Company (within the meaning of Section 15 of the ▇▇▇▇ ▇▇▇Securities Act and Section 20 of the Exchange Act) and all other prospective sellers, from and against any losses, claims, damages, liabilities and expense (including reasonable attorney’s fees) resulting from all Losses arising out of or based on any untrue statement of a material fact (i) contained in any such Prospectus or Registration Statement, as defined in Rule 433(h) under the Securities Act, or any supplement or amendment thereto, or (ii) caused by any omission of or alleged omission to state therein a material fact required to be stated in the Registration Statement or Prospectus or preliminary prospectus or amendment or supplement thereto therein or necessary to make the statements therein not misleading, and will reimburse the Company, such directors, officers, controlling persons and prospective sellers for any legal or any other expenses reasonably incurred in connection with investigating or defending any such Loss, in each case to the extent, but only to the extent extent, that such untrue statement or omission is contained made in such Prospectus or Registration Statement, or any supplement or amendment thereto, in reliance upon and in conformity with written information furnished in writing by such Purchaser to the Company specifically by such Holder for inclusion in such Registration Statement or Prospectus or amendment or supplement thereto and that such information was substantially relied upon by the Company in preparation of the Registration Statement or Prospectus Statement, or any supplement or amendment thereto; provided, however, that the obligations of such Holder hereunder shall not apply to amounts paid in settlement of any such Losses (or supplement thereto. In no event actions in respect thereof) if such settlement is effected without the consent of such Holder (which consent shall not be unreasonably withheld); and provided, further, that the liability of a Purchaser such Holder shall be greater in amount than limited to the dollar amount of the net proceeds (net of all expenses paid by such Purchaser and the amount of any damages such holder has otherwise been required to pay by reason of such untrue statement or omission) received by such Purchaser upon selling Holder from the sale of the Registrable Securities or Additional Registrable Securities included in the covered by such Registration Statement giving rise to such indemnification obligationStatement.

Appears in 1 contract

Sources: Registration Rights Agreement (Third Point Reinsurance Ltd.)

Indemnification by Holder. In connection with any registration pursuant to the terms of this Agreement, each Purchaser will furnish to the Company in writing such information as the Company reasonably requests concerning the holders of Registrable Securities and Additional Registrable Securities or the proposed manner of distribution for use in connection with any Registration Statement or Prospectus and agrees, severally but not jointly, to indemnify and hold harmless, to the fullest extent permitted by law, the Company, its directors, officers, employees, stockholders and each person who controls the Company (within the meaning of the 1933 Act) a▇▇▇▇▇▇ ▇▇▇) against any ny losses, claims, damages, liabilities and expense (including reasonable attorney’s 's fees) resulting from any untrue statement of a material fact or any omission of a material fact required to be stated in the Registration Statement or Prospectus or preliminary prospectus or amendment or supplement thereto or necessary to make the statements therein not misleading, to the extent, but only to the extent that such untrue statement or omission is contained in any information furnished in writing by such Purchaser to the Company specifically for inclusion in such Registration Statement or Prospectus or amendment or supplement thereto and that such information was substantially relied upon by the Company in preparation of the Registration Statement or Prospectus or any amendment or supplement thereto. In no event shall the liability of a Purchaser be greater in amount than the dollar amount of the proceeds (net of all expenses paid by such Purchaser and the amount of any damages such holder has otherwise been required to pay by reason of such untrue statement or omission) received by such Purchaser upon the sale of the Registrable Securities or Additional Registrable Securities included in the Registration Statement giving rise to such indemnification obligation.

Appears in 1 contract

Sources: Registration Rights Agreement (Fonar Corp)

Indemnification by Holder. In connection with any registration pursuant to the terms of this Agreement, each Purchaser the Investor will furnish to the Company in writing such information as the Company reasonably requests concerning the holders of Registrable Securities and Additional Registrable Securities or the proposed manner of distribution for use in connection with any Registration Statement or Prospectus and agrees, severally but not jointly, agrees to indemnify and hold harmless, to the fullest extent permitted by law, the Company, its directors, officers, employees, stockholders and each person who controls the Company (within the meaning of the ▇▇▇▇ ▇▇▇) against any losses, claims, damages, liabilities and expense (including reasonable attorney’s 's fees) resulting from any untrue statement of a material fact or any omission of a material fact required to be stated in the Registration Statement or Prospectus or preliminary prospectus or amendment or supplement thereto or necessary to make the statements therein not misleading, to the extent, but only to the extent that such untrue statement or omission is contained in any information furnished in writing by such Purchaser Investor to the Company specifically for inclusion in such Registration Statement or Prospectus or amendment or supplement thereto and that such information was substantially relied upon by the Company in preparation of the Registration Statement or Prospectus or any amendment or supplement thereto. In no event shall the liability of a Purchaser an Investor be greater in amount than the dollar amount of the proceeds (net of all expenses expense paid by such Purchaser Investor and the amount of any damages such holder has otherwise been required to pay by reason of such untrue statement or omission) received by such Purchaser Investor upon the sale of the Registrable Securities or Additional Registrable Securities included in the Registration Statement giving rise to such indemnification obligation.

Appears in 1 contract

Sources: Registration Rights Agreement (Nexmed Inc)

Indemnification by Holder. In connection with If any registration pursuant to the terms of a Selling Holder's Registrable Securities are included in a Registration Statement under this Agreement, each Purchaser will furnish to the Company in writing extent permitted by applicable law, such information as the Company reasonably requests concerning the holders of Registrable Securities and Additional Registrable Securities or the proposed manner of distribution for use in connection with any Registration Statement or Prospectus and agrees, severally but not jointly, to Selling Holder shall indemnify and hold harmless, to the fullest extent permitted by law, harmless the Company, each of its directorsAffiliates, trustees, officers, employeesemployees and agents, stockholders and each person Person, if any, who controls the Company (within the meaning of Section 15 of the ▇▇▇▇ ▇▇▇) Securities Act or Section 20 of the Exchange Act, any other Selling Holder, any controlling Person of any such other Selling Holder and each Affiliate, officer, director, partner, and employee of such other Selling Holder and such controlling Person, against any and all losses, claims, damages, liabilities and expense expenses (joint or several), including reasonable attorney’s fees) resulting from attorneys' fees and disbursements and expenses of investigation, incurred by such party arising out of or based upon any untrue statement or alleged untrue statement of a material fact contained in the applicable Registration Statement, including any preliminary prospectus or final prospectus contained therein, or any amendments or supplements thereto or any document incorporated by reference therein or any omission of or alleged omission to state therein a material fact required to be stated in the Registration Statement or Prospectus or preliminary prospectus or amendment or supplement thereto therein, or necessary to make the statements therein (in light of the circumstances under which they were made in the case of any prospectus) not misleadingmisleading or any violation or alleged violation by any Holder or underwriter of the federal securities laws, to any applicable state securities law or any rule or regulation promulgated under the extentSecurities Act, the Exchange Act or any applicable state securities law, but only to the extent extent, that such untrue statement or omission is had been contained in any information furnished in writing by such Purchaser Selling Holder to the Company specifically expressly for inclusion use in connection with such Registration Statement registration; provided, however, that (x) the indemnification required by this Section 6(b) shall not apply to amounts paid in settlement of any such loss, claim, damage, liability or Prospectus or amendment or supplement thereto and that such information was substantially relied upon by expense if settlement is effected without the Company in preparation consent of the Registration Statement or Prospectus or relevant Selling Holder of Registrable Securities (which consent shall not be unreasonably withheld), and (y) in no event shall the amount of any amendment or supplement theretoindemnity under this Section 6(b) exceed the gross proceeds from the applicable offering received by such Selling Holder. In no event shall the liability a Holder be jointly liable with any other Holder as a result of a Purchaser be greater in amount than the dollar amount of the proceeds (net of all expenses paid by such Purchaser and the amount of any damages such holder has otherwise been required to pay by reason of such untrue statement or omission) received by such Purchaser upon the sale of the Registrable Securities or Additional Registrable Securities included in the Registration Statement giving rise to such its indemnification obligationobligations.

Appears in 1 contract

Sources: Registration Rights Agreement (Euroseas Ltd.)