Indemnification by Holders. Each Holder shall, severally and not jointly, indemnify and hold harmless the Company, its directors, officers, agents and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, officers, agents and employees of such controlling Persons, to the fullest extent permitted by applicable law, from and against all Losses (as determined by a court of competent jurisdiction in a final judgment not subject to appeal or review), as incurred, arising solely out of or based solely upon any untrue statement of a material fact contained in the Registration Statement, any Prospectus, or any form of prospectus, or arising solely out of or based solely upon any omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto, in the 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 so furnished in writing by such Holder or other Indemnifying Party to the Company specifically for inclusion in the Registration Statement or such Prospectus. Notwithstanding anything to the contrary contained herein, each Holder shall be liable under this Section 5(b) for only that amount as does not exceed the net proceeds to such Holder as a result of the sale of Registrable Securities pursuant to such Registration Statement.
Appears in 32 contracts
Sources: Registration Rights Agreement (Apollo Resources International Inc), Registration Rights Agreement (VisualMED Clinical Solutions Corp.), Registration Rights Agreement (Communication Intelligence Corp)
Indemnification by Holders. Each Holder shall, severally and not jointly, indemnify and hold harmless the Company, its directors, officers, agents and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, officers, agents and employees of such controlling Persons, to the fullest extent permitted by applicable law, from and against all Losses (as determined by a court of competent jurisdiction in a final judgment not subject to appeal or review), as incurred, arising solely out of or based solely upon any untrue statement of a material fact contained in the Registration Statement, any Prospectus, or any form of prospectus, or in any amendment or supplement thereto, or arising solely out of or based solely upon any omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto, in the 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 so furnished in writing by such Holder or other Indemnifying Party to the Company specifically for inclusion in the Registration Statement or such Prospectus. Notwithstanding anything to the contrary contained herein, each Holder shall be liable under this Section 5(b) for only that amount as does not exceed the net proceeds to such Holder as a result of the sale of Registrable Securities pursuant to such Registration Statement.
Appears in 22 contracts
Sources: Registration Rights Agreement (Rx Staffing, Inc.), Registration Rights Agreement (Nascent Wine Company, Inc.), Registration Rights Agreement (Merchandise Creations, Inc.)
Indemnification by Holders. Each Holder shall, severally and not jointly, indemnify and hold harmless the Company, its directors, officers, agents and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, officers, agents and employees of such controlling Persons, to the fullest extent permitted by applicable law, from and against all Losses (as determined by a court of competent jurisdiction in a final judgment not subject to appeal or review)Losses, as incurred, arising solely out of or based solely upon any untrue statement of a material fact contained in the Registration Statement, any Prospectus, or any form of prospectus, or in any amendment or supplement thereto, or arising solely out of or based solely upon any omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto, in the 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 so furnished in writing by such Holder or other Indemnifying Party to the Company specifically for inclusion in the Registration Statement or such Prospectus. Notwithstanding anything to the contrary contained herein, each Holder shall be liable under this Section 5(b) only for only the lesser of (a) the actual damages incurred or (b) that amount as does not exceed the net gross proceeds to such Holder as a result of the sale of his/her/its Registrable Securities pursuant to such Registration Statement.
Appears in 18 contracts
Sources: Registration Rights Agreement (Exactus, Inc.), Registration Rights Agreement (Emmaus Life Sciences, Inc.), Registration Rights Agreement (Medite Cancer Diagnostics, Inc.)
Indemnification by Holders. Each Holder shall, severally and not jointly, indemnify and hold harmless the Company, its the directors, officers, agents and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, officers, agents and or employees of such controlling Persons, and the respective successors, assigns, estate and personal representatives of each of the foregoing, to the fullest extent permitted by applicable law, from and against all Losses (as determined by a court of competent jurisdiction in a final judgment not subject to appeal or review)Losses, as incurred, arising solely out of or based solely upon any untrue statement of a material fact contained in the Registration Statement, any Prospectus, or any form of prospectus, or arising solely out of or based solely upon any omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto, in the 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 or omitted from any information so furnished in writing by such Holder or other Indemnifying Party to the Company specifically for inclusion in the Registration Statement or such ProspectusProspectus and that such information was reasonably relied upon by the Company for use in the Registration Statement, such Prospectus or such form of prospectus. Notwithstanding anything to the contrary contained herein, each the Holder shall be liable under this Section 5(b) for only that amount as does not exceed the net proceeds to such Holder as a result of the sale of Registrable Securities pursuant to such Registration Statement.
Appears in 18 contracts
Sources: Registration Rights Agreement (Xybernaut Corp), Registration Rights Agreement (Xybernaut Corp), Registration Rights Agreement (Xybernaut Corp)
Indemnification by Holders. Each Holder shall, severally and not jointly, indemnify and hold harmless the Company, its the directors, officers, agents and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, officers, agents and or employees of such controlling Persons, to the fullest extent permitted by applicable law, from and against all Losses (as determined by a court of competent jurisdiction in a final judgment not subject to appeal or review)Losses, as incurred, arising solely out of or based solely upon any untrue statement of a material fact contained in the Registration Statement, any Prospectus, or any form of prospectus, or arising solely out of or based solely upon any omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto, in the 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 so furnished in writing by such Holder or other Indemnifying Party to the Company specifically for inclusion in the Registration Statement or such Prospectus. Notwithstanding anything Prospectus and that such information was reasonably relied upon by the Company for use in the Registration Statement, such Prospectus or such form of prospectus or to the contrary contained herein, each Holder shall be liable under this Section 5(b) for only extent that amount as does not exceed the net proceeds such information relates to such Holder as a result or such Holder's proposed method of the sale distribution of Registrable Securities pursuant to and was reviewed and expressly approved in writing by such Holder expressly for use in the Registration Statement, such Prospectus or such form of Prospectus.
Appears in 12 contracts
Sources: Registration Rights Agreement (Team Communication Group Inc), Registration Rights Agreement (Science Dynamics Corp), Registration Rights Agreement (Imaging Technologies Corp/Ca)
Indemnification by Holders. Each Holder shall, severally and not jointly, indemnify and hold harmless the Company, its directors, officers, agents and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, officers, agents and employees of such controlling Persons, to the fullest extent permitted by applicable law, from and against all Losses (as determined by a court of competent jurisdiction in a final judgment not subject to appeal or review)Losses, as incurred, arising solely out of or based solely upon any untrue statement of a material fact contained in the Registration Statement, any Prospectus, or any form of prospectus, or in any amendment or supplement thereto, or arising solely out of or based solely upon any omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto, in the 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 so furnished in writing by such Holder or other Indemnifying Party to the Company specifically for inclusion in the Registration Statement or such Prospectus. Notwithstanding anything to the contrary contained herein, each Holder shall be liable under this Section 5(b) only for only the lesser of (a) the actual damages incurred or (b) that amount as does not exceed the net gross proceeds to such Holder as a result of the sale of his/her/its Registrable Securities pursuant to such Registration Statement.
Appears in 10 contracts
Sources: Registration Rights Agreement (China Dredging Group Co., Ltd.), Registration Rights Agreement (Gulfstream International Group Inc), Registration Rights Agreement (Gulfstream International Group Inc)
Indemnification by Holders. Each Holder shall, severally and not jointly, indemnify and hold harmless the Company, its directors, officers, agents and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, officers, agents and or employees of such controlling Persons, to the fullest extent permitted by applicable law, from and against all Losses (as determined by a court of competent jurisdiction in a final judgment not subject to appeal or review)Losses, as incurred, arising solely out of or based solely upon upon: (x) such Holder's failure to comply with the prospectus delivery requirements of the Securities Act to the extent that delivery of such Prospectus would have avoided such Loss or (y) any untrue or alleged untrue statement of a material fact contained in the any Registration Statement, any Prospectus, or any form of prospectus, or in any amendment or supplement thereto or in any preliminary prospectus, or arising solely out of or based solely upon any omission or alleged omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto, in the light of the circumstances under which they were made) not misleading, misleading to the extent, but only to the extent, that such untrue statement statements or omission is contained in any omissions are based solely upon information so regarding such Holder furnished in writing to the Company by such Holder or other Indemnifying Party to expressly for use therein. In no event shall the Company specifically for inclusion liability of any selling Holder hereunder be greater in amount than the Registration Statement or such Prospectus. Notwithstanding anything to the contrary contained herein, each Holder shall be liable under this Section 5(b) for only that dollar amount as does not exceed of the net proceeds to received by such Holder as a result of upon the sale of the Registrable Securities pursuant giving rise to such Registration Statementindemnification obligation.
Appears in 8 contracts
Sources: Registration Rights Agreement (Soligenix, Inc.), Registration Rights Agreement (Soligenix, Inc.), Registration Rights Agreement (Dor Biopharma Inc)
Indemnification by Holders. Each Holder shall, severally and not jointly, indemnify and hold harmless the Company, its the directors, officers, agents and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, officers, agents and or employees of such controlling Persons, and the respective successors, assigns, estate and personal representatives of each of the foregoing, to the fullest extent permitted by applicable law, from and against all Losses (as determined by a court of competent jurisdiction in a final judgment not subject to appeal or review)Losses, as incurred, arising solely out of or based solely upon any untrue statement of a material fact contained in the Registration Statement, any Prospectus, or any form of prospectus, or arising solely out of or based solely upon any omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto, in the 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 or omitted from any information so furnished in writing by such Holder or other Indemnifying Party to the Company specifically for inclusion in the Registration Statement or such ProspectusProspectus and that such information was reasonably relied upon by the Company for use in the Registration Statement, such Prospectus or such form of prospectus. Notwithstanding anything to the contrary contained herein, each the Holder shall be liable under this Section 5(b6(b) for only that amount as does not exceed the net proceeds to such Holder as a result of the sale of Registrable Securities pursuant to such Registration Statement.
Appears in 8 contracts
Sources: Registration Rights Agreement (Xybernaut Corp), Registration Rights Agreement (Xybernaut Corp), Registration Rights Agreement (Xybernaut Corp)
Indemnification by Holders. Each Holder shall, severally and not jointly, indemnify and hold harmless the Company, its directors, officers, agents and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, officers, agents and employees of such controlling Persons, to the fullest extent permitted by applicable law, from and against all Losses (as determined by a court of competent jurisdiction in a final judgment not subject to appeal or review)Losses, as incurred, arising solely out of or based solely upon any untrue statement of a material fact contained in the Registration Statement, any Prospectus, or any form of prospectus, or arising solely out of or based solely upon any omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto, in the 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 so furnished in writing by such Holder or other Indemnifying Party to the Company specifically for inclusion in the Registration Statement or such Prospectus. Notwithstanding anything to the contrary contained herein, each Holder shall be liable under this Section 5(b) for only that amount as does not exceed the net proceeds to such Holder as a result of the sale of Registrable Securities pursuant to such Registration Statement.
Appears in 7 contracts
Sources: Registration Rights Agreement (Efoodsafety Com Inc), Registration Rights Agreement (Delcath Systems Inc), Registration Rights Agreement (Delcath Systems Inc)
Indemnification by Holders. Each Holder shall, severally and but not jointly, indemnify and hold harmless the CompanyParent, its directors, officers, agents and employees, each Person person or entity who controls the Company Parent (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, officers, agents and employees of such controlling Personspersons or entities, to the fullest extent permitted by applicable law, from and against all Losses (as determined by a court of competent jurisdiction in a final judgment not subject to appeal or review), as incurred, arising solely out of or based solely upon any untrue statement of a material fact contained in a registration statement applicable to the Registration StatementRegistrable Securities, any Prospectusprospectus, or any form of prospectus, or in any amendment or supplement thereto, or arising solely out of or based solely upon any omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus prospectus or form of prospectus or supplement thereto, in the 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 so furnished in writing by such Holder or other Indemnifying Party to the Company Parent specifically for inclusion in a registration statement applicable to the Registration Statement Registrable Securities or such Prospectus. Notwithstanding anything to the contrary contained herein, each Holder shall be liable under this Section 5(b) for only that amount as does not exceed the net proceeds to such Holder as a result of the sale of Registrable Securities pursuant to such Registration Statementprospectus.
Appears in 7 contracts
Sources: Registration Rights Agreement (SFX Entertainment, INC), Registration Rights Agreement (SFX Entertainment, INC), Registration Rights Agreement (SFX Entertainment, INC)
Indemnification by Holders. Each In connection with any registration statement in which a Holder shallis participating, severally each such Holder will furnish to the Company in writing such information with respect to such Holder as the Company reasonably requests for use in connection with any such registration statement or prospectus and not jointlyagrees to indemnify, indemnify and hold harmless to the extent permitted by law, the Company, its directors, officers, agents directors and employees, officers and each Person who controls the Company (within the meaning of Section 15 of the Securities Act 1933 ▇▇▇) ▇▇ainst any losses, claims, damages, liabilities and Section 20 of the Exchange Act), and the directors, officers, agents and employees of such controlling Persons, to the fullest extent permitted by applicable law, expenses resulting from and against all Losses (as determined by a court of competent jurisdiction in a final judgment not subject to appeal any untrue or review), as incurred, arising solely out of or based solely upon any alleged untrue statement of a material fact contained in the Registration Statement, any Prospectus, or any form of prospectus, omission or arising solely out of or based solely upon any alleged omission of a material fact required to be stated therein in the registration statement, prospectus or preliminary prospectus or any amendment thereof or supplement thereto or necessary to make the statements therein (in the case of any Prospectus or form of a prospectus or supplement theretopreliminary prospectus, in the 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 with respect to such Holder so furnished in writing by such Holder or other Indemnifying Party to the Company specifically for inclusion in the Registration Statement or such ProspectusHolder. Notwithstanding anything to the contrary contained hereinforegoing, the liability of each such Holder shall be liable under this Section 5(b7.(b) for only that shall be limited to an amount as does not exceed equal to the net proceeds to such Holder as a result initial public offering price of the sale Registrable Stock sold by such Holder, unless such liability arises out of Registrable Securities pursuant to or is based on willful misconduct of such Registration StatementHolder.
Appears in 6 contracts
Sources: Placement Agreement (Micro Media Solutions Inc), Placement Agreement (Micro Media Solutions Inc), Registration Rights Agreement (Venturi Technologies Inc)
Indemnification by Holders. Each The Holder shall, severally and not jointly, indemnify and hold harmless the Company, its the directors, officers, agents and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, officers, agents and or employees of such controlling Persons, and the respective successors, assigns, estate and personal representatives of each of the foregoing, to the fullest extent permitted by applicable law, from and against all Losses (as determined by a court of competent jurisdiction in a final judgment not subject to appeal or review)Losses, as incurred, arising solely out of or based solely upon any untrue statement of a material fact contained in the Registration Statement, any Prospectus, or any form of prospectus, or arising solely out of or based solely upon any omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto, in the 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 or omitted from any information so furnished in writing by such Holder or other Indemnifying Party to the Company specifically for inclusion in the Registration Statement or such ProspectusProspectus and that such information was reasonably relied upon by the Company for use in the Registration Statement, such Prospectus or such form of prospectus. Notwithstanding anything to the contrary contained herein, each the Holder shall be liable under this Section 5(b) for only that amount as does not exceed the net proceeds to such Holder as a result of the sale of Registrable Securities pursuant to such Registration Statement.
Appears in 6 contracts
Sources: Registration Rights Agreement (Xybernaut Corp), Registration Rights Agreement (Xybernaut Corp), Registration Rights Agreement (Xybernaut Corp)
Indemnification by Holders. Each Holder shall, severally and not jointly, indemnify and hold harmless the Company, its directors, officers, agents and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, officers, agents and employees of such controlling Persons, to the fullest extent permitted by applicable law, from and against all Losses (as determined by a court of competent jurisdiction in a final judgment not subject to appeal or review), as incurred, arising solely out of or based solely upon any untrue statement of a material fact contained in the any Registration Statement, any Prospectus, or any form of prospectus, or in any amendment or supplement thereto, or arising solely out of or based solely upon any omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto, in the 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 so furnished in writing by such Holder or other Indemnifying Party to the Company specifically for inclusion in the any Registration Statement or such Prospectus. Notwithstanding anything to the contrary contained herein, each Holder shall be liable under this Section 5(b) for only that amount as does not exceed the net proceeds to such Holder as a result of the sale of Registrable Securities pursuant to such Registration Statement.
Appears in 6 contracts
Sources: Registration Rights Agreement (National Realty & Mortgage Inc), Registration Rights Agreement (Victory Divide Mining CO), Registration Rights Agreement (Aamaxan Transport Group, Inc.)
Indemnification by Holders. Each In connection with any Registration Statement in which a Holder shallis participating, severally such Holder will furnish to the Company in writing such information as the Company reasonably requests for use in connection with any Registration Statement, Prospectus or preliminary prospectus and not jointly, will indemnify and hold harmless harmless, to the fullest extent permitted by law, the Company, its directors, directors and officers, agents and employees, 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 the directors, officers, agents and or employees of such controlling Persons, to the fullest extent permitted by applicable lawpersons, from and against all Losses (as determined by a court of competent jurisdiction in a final judgment not subject to appeal or review), as incurred, arising solely out of or based solely upon any untrue statement of a material fact contained in the any Registration Statement, any Prospectus, Prospectus or any form of prospectus, preliminary prospectus or arising solely out of or based solely upon any omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto, in the 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 so furnished in writing by such Holder or other Indemnifying Party to the Company specifically for inclusion use in such Registration Statement, Prospectus or preliminary prospectus and was relied upon by the Company in the preparation of such Registration Statement Statement, Prospectus or such Prospectuspreliminary prospectus. Notwithstanding anything to In no event will the contrary contained herein, each liability of any selling Holder shall hereunder be liable under this Section 5(b) for only that greater in amount as does not exceed than the net dollar amount of the proceeds to received by such Holder as a result of upon the sale of the Registrable Securities pursuant giving rise to such Registration Statementindemnification obligation.
Appears in 6 contracts
Sources: Consent and Voting Agreement (Global Crossing LTD), Registration Rights Agreement (Asia Global Crossing LTD), Consent and Voting Agreement (Ipc Information Systems Inc)
Indemnification by Holders. Each Holder shall, severally and not jointly, indemnify and hold harmless the Company, its the directors, officers, agents and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, officers, agents and or employees of such controlling Persons, to the fullest extent permitted by applicable law, from and against all Losses (as determined by a court of competent jurisdiction in a final judgment not subject to appeal or review)Losses, as incurred, arising solely out of or based solely upon any untrue statement of a material fact contained in the Registration Statement, any Prospectus, or any form of prospectus, or arising solely out of or based solely upon any omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto, in the 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 so furnished in writing by such Holder or other Indemnifying Party to the Company specifically for inclusion in the Registration Statement or such Prospectus and that such information was reasonably relied upon by the Company for use in the Registration Statement, such Prospectus or such form of prospectus or to the extent that such information relates to such Holder or such Holder's proposed method of distribution of Registrable Securities and was reviewed and expressly approved in writing by such Holder expressly for use in the Registration Statement, such Prospectus or such form of Prospectus. Notwithstanding anything to the contrary contained herein, each the Holder shall be liable under this Section 5(b) for only that amount as does not exceed the net proceeds to such Holder as a result of the sale of Registrable Securities pursuant to such Registration Statement.
Appears in 6 contracts
Sources: Registration Rights Agreement (Datametrics Corp), Registration Rights Agreement (Pollution Research & Control Corp /Ca/), Registration Rights Agreement (Imaging Technologies Corp/Ca)
Indemnification by Holders. Each In connection with any registration statement in which a Holder shallis participating, each such Holder shall furnish to the Company in writing such information and affidavits with respect to such Holder as the Company reasonably requests for use in connection with any such registration statement or prospectus and agrees to indemnify, severally and not jointly, indemnify and hold harmless to the fullest extent permitted by law, the Company, its directors, officers, directors and agents and employeeseach person, each Person if any, who controls the Company (within the meaning of Section 15 of the Securities Act Act) against any and Section 20 of the Exchange Act)all losses, claims, damages, liabilities and the directors, officers, agents and employees of such controlling Persons, to the fullest extent permitted by applicable law, expenses resulting from and against all Losses (as determined by a court of competent jurisdiction in a final judgment not subject to appeal any untrue or review), as incurred, arising solely out of or based solely upon any alleged untrue statement of a material fact contained in the Registration Statement, any Prospectus, or any form of prospectus, omission or arising solely out of or based solely upon any alleged omission of a material fact required to be stated therein in any registration statement, prospectus or preliminary prospectus or any amendment thereof or supplement thereto or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement theretoa prospectus, in the light of the circumstances under which they were made) not misleading, to the extent, but only to the extent, that such untrue or alleged untrue statement or omission is contained in or omitted from, as the case may be, any information or affidavit with respect to such Holder so furnished in writing by such Holder or other Indemnifying Party to the Company specifically for inclusion use in the Registration Statement or Statement. Each Holder also shall indemnify any underwriters of the Registrable Securities, their officers and directors and each person who controls such Prospectus. Notwithstanding anything underwriters (within the meaning of the Securities Act) to the contrary contained herein, each Holder shall be liable under this Section 5(b) for only that amount same extent as does not exceed provided above with respect to the net proceeds to such Holder as a result indemnification of the sale of Registrable Securities pursuant to such Registration StatementCompany.
Appears in 5 contracts
Sources: Limited Partnership Agreement (Simon Property Group L P /De/), Limited Partnership Agreement (Simon Property Group Inc /De/), Registration Rights Agreement (Simon Property Group Inc /De/)
Indemnification by Holders. Each Holder shall, severally and not ---------------------------- jointly, indemnify and hold harmless the Company, its the directors, officers, agents and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, officers, agents and or employees of such controlling Persons, to the fullest extent permitted by applicable law, from and against all Losses (as determined by a court of competent jurisdiction in a final judgment not subject to appeal or review)Losses, as incurred, arising solely out of or based solely upon any untrue statement of a material fact contained in the Registration Statement, any Prospectus, or any form of prospectus, or arising solely out of or based solely upon any omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto, in the 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 so furnished in writing by such Holder or other Indemnifying Party to the Company specifically for inclusion in the Registration Statement or such Prospectus. Notwithstanding anything Prospectus and that such information was reasonably relied upon by the Company for use in the Registration Statement, such Prospectus or such form of prospectus or to the contrary contained herein, each Holder shall be liable under this Section 5(b) for only extent that amount as does not exceed the net proceeds such information relates to such Holder as a result or such Holder's proposed method of the sale distribution of Registrable Securities pursuant to and was reviewed and expressly approved in writing by such Holder expressly for use in the Registration Statement, such Prospectus or such form of Prospectus.
Appears in 4 contracts
Sources: Registration Rights Agreement (Amanda Co Inc), Registration Rights Agreement (Imaging Technologies Corp/Ca), Registration Rights Agreement (Amanda Co Inc)
Indemnification by Holders. Each Holder shall, severally and not jointly, indemnify and hold harmless the Company, its the directors, officers, agents and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and or Section 20 of the Exchange Act), and the directors, officers, agents and or employees of such controlling Persons, to the fullest extent permitted by applicable law, from and against all Losses (as determined by a court of competent jurisdiction in a final judgment not subject to appeal or review)Losses, as incurred, arising solely out of or based solely upon any untrue statement of a material fact contained in the Registration Statement, any Prospectus, or any form Form of prospectus, or arising solely out of or based solely upon any omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form Form of prospectus or supplement thereto, in the 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 so furnished in writing by such Holder or other Indemnifying Party to the Company specifically for inclusion in the Registration Statement or such ProspectusProspectus and that such information was reasonably relied upon by the Company for use in the Registration Statement, such Prospectus or such Form of prospectus. Notwithstanding anything to the contrary contained herein, each a Holder shall be liable under this Section 5(b6(b) for only that amount as does not exceed the net proceeds to such Holder as a result of the sale of Registrable Securities pursuant to such Registration Statement.
Appears in 4 contracts
Sources: Purchase Agreement (JLM Industries Inc), Registration Rights Agreement (Sassower Philip S), Registration Rights Agreement (JLM Industries Inc)
Indemnification by Holders. Each In connection with any registration statement in which a Holder shallis participating, severally each such Holder will furnish to the Company in writing such information with respect to such Holder as the Company reasonably requests for use in connection with any such registration statement or prospectus and not jointlyagrees to indemnify, indemnify and hold harmless to the extent permitted by law, the Company, its directors, officers, agents directors and employees, officers and each Person who controls the Company (within the meaning of Section 15 of the Securities Act 1▇▇▇ ▇▇▇) against any losses, claims, damages, liabilities and Section 20 of the Exchange Act), and the directors, officers, agents and employees of such controlling Persons, to the fullest extent permitted by applicable law, expenses resulting from and against all Losses (as determined by a court of competent jurisdiction in a final judgment not subject to appeal any untrue or review), as incurred, arising solely out of or based solely upon any alleged untrue statement of a material fact contained in the Registration Statement, any Prospectus, or any form of prospectus, omission or arising solely out of or based solely upon any alleged omission of a material fact required to be stated therein in the registration statement, prospectus or preliminary prospectus or any amendment thereof or supplement thereto or necessary to make the statements therein (in the case of any Prospectus or form of a prospectus or supplement theretopreliminary prospectus, in the 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 with respect to such Holder so furnished in writing by such Holder or other Indemnifying Party to the Company specifically for inclusion in the Registration Statement or such ProspectusHolder. Notwithstanding anything to the contrary contained hereinforegoing, the liability of each such Holder shall be liable under this Section 5(b7(b) for only that shall be limited to an amount as does not exceed equal to the net proceeds to such Holder as a result initial public offering price of the sale Registrable Stock sold by such Holder, unless such liability arises out of Registrable Securities pursuant to or is based on willful misconduct of such Registration StatementHolder.
Appears in 3 contracts
Sources: Registration Rights Agreement (Digifonica International Corp), Subscription Agreement (Tribeworks Inc), Subscription Agreement (Digifonica International Corp)
Indemnification by Holders. Each Holder shall, notwithstanding any termination of this Agreement, severally and not jointly, indemnify and hold harmless the Company, its directors, officers, agents and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, officers, agents and or employees of such controlling Persons, to the fullest extent permitted by applicable law, from and against all Losses (as determined by a court of competent jurisdiction in a final judgment not subject to appeal or review)Losses, as incurred, arising solely out of or based solely upon any untrue statement of a material fact contained in the any Registration Statement, any Prospectus, or any form of prospectus, or in any amendment or supplement thereto, or arising solely out of or based solely upon any omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto, in the light of the circumstances under which they were made) not misleading, misleading to the extent, but only to the extentextent that, that (1) such untrue statement statements or omission is contained in any omissions are based solely upon information so regarding such Holder or its intended method of distribution furnished in writing to the Company by such Holder expressly for use therein, or other Indemnifying Party (2) in the case of an occurrence of an event of the type specified in Section 3(c)(ii)-(v), the use by such Holder of an outdated or defective Prospectus after such Holder has received actual notice in writing that the Prospectus is outdated or defective and prior to the Company specifically for inclusion in the Registration Statement receipt by such Holder of an Advice or such an amended or supplemented Prospectus. Notwithstanding anything to In no event shall the contrary contained herein, each liability of any selling Holder shall hereunder be liable under this Section 5(b) for only that greater in amount as does not exceed than the dollar amount of the net proceeds to received by such Holder as a result of upon the sale of the Registrable Securities giving rise to such indemnification obligation. Such indemnity shall remain in full force and effect regardless of any investigation made by or on behalf of the Company and shall survive the transfer of the Registrable Securities by the Purchasers pursuant to such Registration StatementSection 6(e).
Appears in 3 contracts
Sources: Registration Rights Agreement (Nova Biosource Fuels, Inc.), Registration Rights Agreement (Nova Biosource Fuels, Inc.), Registration Rights Agreement (Nova Biosource Fuels, Inc.)
Indemnification by Holders. Each Holder shall, agrees severally and not jointly, jointly to indemnify and hold harmless the Company, Company and its directors, respective directors and officers, agents and employeeseach person, each Person if any, who controls the Company (within the meaning of either Section 15 of the Securities Act and or Section 20 of the Exchange Act), and the directors, officers, agents and employees of such controlling Persons, to the fullest extent permitted by applicable law) or any other Holder, from and against all Losses (as determined by a court of competent jurisdiction in a final judgment not subject to appeal or review), as incurred, arising solely out of or based solely upon any untrue statement or alleged untrue statement of a material fact contained in the any Registration Statement, Statement or Prospectus or in any Prospectus, amendment or supplement thereto or in any form of preliminary prospectus, or arising solely out of or based solely upon any omission of or alleged omission to state therein a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto, in the light of the circumstances under which they were made) not misleading, to the extent, but only to the extent, that such untrue statement or alleged untrue statement or omission is contained or alleged omission was made in any reliance upon and in conformity with information so furnished in writing to the Company by such Holder or other Indemnifying Party to the Company specifically expressly for inclusion use in the such Registration Statement or such ProspectusProspectus or amendment or supplement thereto. Notwithstanding anything to In no event shall the contrary contained herein, each liability of any Holder shall hereunder be liable under this Section 5(b) for only that greater in amount as does not exceed than the net dollar amount of the proceeds to received by such Holder as a result of upon the sale of the Registrable Securities pursuant to the Registration Statement giving rise to such Registration Statementindemnification obligation.
Appears in 3 contracts
Sources: Registration Rights Agreement (Axcelis Technologies Inc), Registration Rights Agreement (Photronics Inc), Registration Rights Agreement (Axcelis Technologies Inc)
Indemnification by Holders. Each Holder shall, severally and not jointlyjointly with the other Holders, indemnify and hold harmless the Company, its directors, officers, agents and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, officers, agents and or employees of such controlling Persons, to the fullest extent permitted by applicable law, from and against all Losses (as determined by a court of competent jurisdiction in a final judgment not subject to appeal or review), as incurred, arising solely out of or based solely upon (i) such Holder's failure to comply with the prospectus delivery requirements of the Securities Act, (ii) any untrue statement of a material fact contained in the Registration Statement, any Prospectusor omission, or alleged untrue statement or omission, made in any form of prospectusRegistration Statement (or any amendment thereto), preliminary prospectus or arising solely out of Prospectus (or based solely upon any omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus amendment or supplement thereto, ) that was made in the light of the circumstances under which they were made) not misleading, reliance upon and in conformity with written information furnished to the extent, but only to the extent, that such untrue statement or omission is contained in any information so furnished in writing Company by such Holder expressly for use in such Registration Statement (or other Indemnifying Party any amendment thereto), preliminary prospectus or Prospectus (or any amendment or supplement thereto) or (iii) the use by such Holder of an outdated or defective Prospectus after the Company has notified such Holder in writing that the Prospectus is outdated or defective and prior to the Company specifically for inclusion receipt by such Holder of the Advice contemplated in Section 6(e). In no event shall the Registration Statement or such Prospectus. Notwithstanding anything to liability of any selling Holder hereunder be greater in amount than the contrary contained herein, each Holder shall be liable under this Section 5(b) for only that dollar amount as does not exceed of the net proceeds to received by such Holder as a result of upon the sale of the Registrable Securities pursuant giving rise to such Registration Statementindemnification obligation.
Appears in 3 contracts
Sources: Registration Rights Agreement (Bluephoenix Solutions LTD), Registration Rights Agreement (Bluephoenix Solutions LTD), Registration Rights Agreement (Bluephoenix Solutions LTD)
Indemnification by Holders. Each In connection with any registration statement in which a Holder shallis participating, severally each such Holder will furnish to the Company in writing such information with respect to such Holder as the Company reasonably requests for use in connection with any such registration statement or prospectus and not jointlyagrees to indemnify, indemnify and hold harmless to the extent permitted by law, the Company, its directors, officers, agents directors and employees, officers and each Person who controls the Company (within the meaning of Section 15 of the Securities Act ▇▇▇▇ ▇▇▇) against any losses, claims, damages, liabilities and Section 20 of the Exchange Act), and the directors, officers, agents and employees of such controlling Persons, to the fullest extent permitted by applicable law, expenses resulting from and against all Losses (as determined by a court of competent jurisdiction in a final judgment not subject to appeal any untrue or review), as incurred, arising solely out of or based solely upon any alleged untrue statement of a material fact contained in the Registration Statement, any Prospectus, or any form of prospectus, omission or arising solely out of or based solely upon any alleged omission of a material fact required to be stated therein in the registration statement, prospectus or preliminary prospectus or any amendment thereof or supplement thereto or necessary to make the statements therein (in the case of any Prospectus or form of a prospectus or supplement theretopreliminary prospectus, in the 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 with respect to such Holder so furnished in writing by such Holder or other Indemnifying Party to the Company specifically for inclusion in the Registration Statement or such ProspectusHolder. Notwithstanding anything to the contrary contained hereinforegoing, the liability of each such Holder shall be liable under this Section 5(b) for only that shall be limited to an amount as does not exceed equal to the net proceeds to such Holder as a result initial public offering price of the sale Registrable Stock sold by such Holder, unless such liability arises out of Registrable Securities pursuant to or is based on willful misconduct of such Registration StatementHolder.
Appears in 3 contracts
Sources: Option Grant Agreement (Dgse Companies Inc), Registration Rights Agreement (Dgse Companies Inc), Registration Rights Agreement (Dgse Companies Inc)
Indemnification by Holders. Each Holder shall, severally and not jointly, indemnify and hold harmless the Company, its directors, officers, agents and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, officers, agents and employees of such controlling Persons, to the fullest extent permitted by applicable law, from and against all Losses (as determined by a court of competent jurisdiction in a final judgment not subject to appeal or review), as incurred, arising solely out of or based solely upon any untrue statement of a material fact contained in the Registration Statement, any Prospectus, or any form of prospectus, or in any amendment or supplement thereto, or arising solely out of or based solely upon any omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto, in the 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 so furnished in writing by such Holder or other Indemnifying Party to the Company specifically for inclusion in the Registration Statement or such Prospectus. Notwithstanding anything to the contrary contained herein, each Holder in no event shall be liable any indemnity under this Section 5(b) for only that amount as does not exceed the net proceeds to actually received by such Holder as a result of the sale of Registrable Securities pursuant to such a Registration Statement.
Appears in 3 contracts
Sources: Registration Rights Agreement (Long-E International, Inc.), Registration Rights Agreement (Long-E International, Inc.), Registration Rights Agreement (Long-E International, Inc.)
Indemnification by Holders. Each Holder shallagrees, severally and not jointly, to indemnify and hold harmless harmless, the Company, its the directors, officersand officers of the Company and each Person, agents and employeesif any, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and or Section 20 of the Exchange Act), and the directors, officers, agents and employees of such controlling Persons, to the fullest same extent permitted by applicable law, as the foregoing indemnity contained in Section 8.1 from and against all Losses (as determined by a court of competent jurisdiction in a final judgment not subject the Company to appeal or review)the Holders, as incurred, arising solely out of or based solely upon any untrue statement of a material fact contained in the Registration Statement, any Prospectus, or any form of prospectus, or arising solely out of or based solely upon any omission of a material fact required but only with respect to be stated therein or necessary information relating to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto, in the light of the circumstances under which they were made) not misleading, such Holder furnished to the extent, but only to the extent, that such untrue statement or omission is contained in any information so furnished Company in writing by such Holder expressly for use in any Registration Statement, Prospectus or other Indemnifying Party to the Company specifically for inclusion in the Registration Statement preliminary prospectus or such Issuer Free Writing Prospectus, or any amendment or supplement thereto. Notwithstanding anything to the contrary contained herein, each Holder shall be liable under provisions of this Section 5(b) for only that 8.2 or Section 8.4 below, in no event shall any Holder be required to indemnify any person pursuant to this Article VIII or to contribute pursuant to Section 8.4 below in any amount as does not exceed in excess of the net proceeds to amount by which the amount received by such Holder as a result of the with respect to its sale of Registrable Securities pursuant to any Registration Statement exceeds the amount of any damages that such Registration StatementHolder has otherwise been required to pay by reason of such untrue or alleged untrue statement or omission or alleged omission made in connection with such sale.
Appears in 3 contracts
Sources: Registration Rights Agreement (Hli Operating Co Inc), Registration Rights Agreement (Hli Operating Co Inc), Registration Rights Agreement (Hli Operating Co Inc)
Indemnification by Holders. Each Holder shall, severally and not jointly, indemnify and hold harmless the Company, its the directors, officers, agents and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, officers, agents and or employees of such controlling Persons, to the fullest extent permitted by applicable law, from and against all Losses (as determined by a court of competent jurisdiction in a final judgment not subject to appeal or review)Losses, as incurred, arising solely out of or based solely upon any untrue statement of a material fact contained in the Registration Statement, any Prospectus, or any form of prospectus, or arising solely out of or based solely upon any omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto, in the light of the circumstances under which they were made) not misleading, misleading to the extent, but only to the extent, that such untrue statement or omission is contained in any information so furnished in writing by such Holder or other Indemnifying Party to the Company specifically for inclusion in the Registration Statement or such Prospectus. Notwithstanding anything Prospectus and that such information was reasonably relied upon by the Company for use in the Registration Statement, such Prospectus or such form of prospectus or to the contrary contained herein, each Holder shall be liable under this Section 5(b) for only extent that amount as does not exceed the net proceeds such information relates to such Holder as a result or such Holder's proposed method of the sale distribution of Registrable Securities pursuant to and was reviewed and expressly approved in writing by such Holder expressly for use in the Registration Statement, such Prospectus or such form of Prospectus.
Appears in 3 contracts
Sources: Registration Rights Agreement (Alliance Pharmaceutical Corp), Registration Rights Agreement (Uniview Technologies Corp), Securities Purchase Agreement (Digital Courier Technologies Inc)
Indemnification by Holders. Each In connection with any registration statement in which a Holder shallis participating, severally each such Holder will furnish to the Company in writing such information with respect to such Holder as the Company reasonably requests for use in connection with any such registration statement or prospectus and not jointlyagrees to indemnify, indemnify and hold harmless to the extent permitted by law, the Company, its directors, officers, agents directors and employees, officers and each Person who controls the Company (within the meaning of Section 15 of the Securities Act ▇▇▇▇ ▇▇▇) against any losses, claims, damages, liabilities and Section 20 of the Exchange Act), and the directors, officers, agents and employees of such controlling Persons, to the fullest extent permitted by applicable law, expenses resulting from and against all Losses (as determined by a court of competent jurisdiction in a final judgment not subject to appeal any untrue or review), as incurred, arising solely out of or based solely upon any alleged untrue statement of a material fact contained in the Registration Statement, any Prospectus, or any form of prospectus, omission or arising solely out of or based solely upon any alleged omission of a material fact required to be stated therein in the registration statement, prospectus or preliminary prospectus or any amendment thereof or supplement thereto or necessary to make the statements therein (in the case of any Prospectus or form of a prospectus or supplement theretopreliminary prospectus, in the 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 with respect to such Holder so furnished in writing by such Holder or other Indemnifying Party to the Company specifically for inclusion in the Registration Statement or such ProspectusHolder. Notwithstanding anything to the contrary contained hereinforegoing, the liability of each such Holder shall be liable under this Section 5(b7(b) for only that shall be limited to an amount as does not exceed equal to the net proceeds to such Holder as a result initial public offering price of the sale Registrable Stock sold by such Holder, unless such liability arises out of Registrable Securities pursuant to or is based on willful misconduct of such Registration StatementHolder.
Appears in 3 contracts
Sources: Registration Rights Agreement (Synergistic Holdings Corp /De), Registration Rights Agreement (Venturi Technologies Inc), Registration Rights Agreement (Beaulieu Group LLC)
Indemnification by Holders. Each In connection with any Registration Statement in which a Holder is participating, such Holder shall, without limitation as to time, severally and not jointly, jointly and severally indemnify and hold harmless harmless, to the Companyfull extent permitted by law, the Corporation, its shareholders, directors, officers, agents and employees, any other Person acting on behalf of the Corporation, each Person who controls the Company Corporation (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), ) and the shareholders, members, partners, directors, officers, agents and or employees of such controlling Persons, to the fullest extent permitted by applicable law, from and against any and all Losses (as determined by a court of competent jurisdiction in a final judgment not subject to appeal or review), as incurred, arising solely out of or based solely upon any untrue or alleged untrue statement of a material fact contained in such Registration Statement or the Registration Statement, related Prospectus or any Prospectusamendment or supplement thereto, or any form of preliminary prospectus, or arising solely out of or based solely upon any omission or alleged omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement theretoa Prospectus, in the light of the circumstances under which they were made) not misleading, to the extent, but only to the extent, that such untrue or alleged untrue statement or omission or alleged omission is contained in based upon any information so furnished in writing by or on behalf of such Holder or other Indemnifying Party to the Company specifically Corporation expressly for inclusion use in the such Registration Statement or such Prospectus. Notwithstanding anything to the contrary contained herein, each Holder shall be liable Each Holder’s indemnity obligations under this Section 5(b8 shall be limited to the total sales proceeds (net of all underwriting discounts and commissions) for only that amount as does not exceed the net proceeds to actually received by such Holder as a result of in connection with the sale of Registrable Securities pursuant to such Registration Statementapplicable offering.
Appears in 3 contracts
Sources: Registration Rights Agreement (Allion Healthcare Inc), Registration Rights Agreement (Allion Healthcare Inc), Registration Rights Agreement (Allion Healthcare Inc)
Indemnification by Holders. Each Holder shall, notwithstanding any termination of this Agreement, severally and not jointly, indemnify and hold harmless the Company, its directors, officers, agents and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, officers, agents and or employees of such controlling Persons, to the fullest extent permitted by applicable law, from and against all Losses (as determined by a court of competent jurisdiction in a final judgment not subject to appeal or review)Losses, as incurred, arising solely out of or based solely upon any untrue statement of a material fact contained in the any Registration Statement, any Prospectus, or any form of prospectus, or in any amendment or supplement thereto, or arising solely out of or based solely upon any omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto, in the light of the circumstances under which they were made) not misleading, misleading to the extent, but only to the extentextent that, that (1) such untrue statement statements or omission is contained in any omissions are based solely upon information so regarding such Holder or its intended method of distribution furnished in writing to the Company by such Holder expressly for use therein, or other Indemnifying Party (2) in the case of an occurrence of an event of the type specified in Section 3(c)(ii)-(v), the use by such Holder of an outdated or defective Prospectus after such Holder has received actual notice in writing that the Prospectus is outdated or defective and prior to the Company specifically for inclusion in the Registration Statement receipt by such Holder of an Advice or such an amended or supplemented Prospectus. Notwithstanding anything to In no event shall the contrary contained herein, each liability of any selling Holder shall hereunder be liable under this Section 5(b) for only that greater in amount as does not exceed than the dollar amount of the net proceeds to received by such Holder as a result of upon the sale of the Registrable Securities pursuant giving rise to such Registration Statementindemnification obligation.
Appears in 3 contracts
Sources: Registration Rights Agreement (Nova Biosource Fuels, Inc.), Registration Rights Agreement (Nova Biosource Fuels, Inc.), Registration Rights Agreement (Nova Biosource Fuels, Inc.)
Indemnification by Holders. Each Holder shall, severally and not jointly, indemnify and hold harmless the Company, its the directors, officers, agents and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, officers, agents and or employees of such controlling Persons, to the fullest extent permitted by applicable law, from and against all Losses (as determined by a court of competent jurisdiction in a final judgment not subject to appeal or review), as incurred, arising solely out of or based solely upon any untrue statement of a material fact contained in the Registration Statement, any Prospectus, or any form of prospectus, or arising solely out of or based solely upon any omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto, in the 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 so furnished in writing by such Holder or other Indemnifying Indemnified Party to the Company specifically for inclusion in the Registration Statement or such Prospectus. Notwithstanding anything Prospectus and that such information was reasonably relied upon by the Company for use in the Registration Statement, such Prospectus or such form of prospectus or to the contrary contained herein, each Holder shall be liable under this Section 5(b) for only extent that amount as does not exceed the net proceeds such information relates to such Holder as a result or such Holder's proposed method of the sale distribution of Registrable Securities pursuant to and was reviewed and expressly approved in writing by such Holder expressly for use in the Registration Statement, such Prospectus or such form of Prospectus.
Appears in 3 contracts
Sources: Registration Rights Agreement (Medix Resources Inc), Registration Rights Agreement (Advanced Viral Research Corp), Registration Rights Agreement (Vertel Corp)
Indemnification by Holders. Each In connection with any offering in which a Holder shallis participating pursuant to Section 3 or 4 hereof, such Holder agrees severally (and not jointly, ) to indemnify and hold harmless the Company, its partners, directors, officers, agents and Affiliates, stockholders, members, managers, employees, agents, trustees, the other Holders, any underwriter retained by the Company and each Person who controls the Company Company, the other Holders or such underwriter (within the meaning of Section 15 of the Securities Act and Section 20 Act) to the same extent as the foregoing indemnity from the Company to the Holders (including indemnification of the Exchange Act)their respective partners, and the directors, officers, agents Affiliates, stockholders, members, employees, trustees and employees of such controlling Persons, to the fullest extent permitted by applicable law, from and against all Losses (as determined by a court of competent jurisdiction in a final judgment not subject to appeal or review), as incurred, arising solely out of or based solely upon any untrue statement of a material fact contained in the Registration Statement, any Prospectus, or any form of prospectus, or arising solely out of or based solely upon any omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto, in the light of the circumstances under which they were made) not misleading, to the extent, but only to the extent, extent that such untrue Liabilities arise out of or are based upon a statement or alleged statement or an omission is contained or alleged omission that was made in any reliance upon and in conformity with information so with respect to such Holder furnished in writing to the Company by or on behalf of such Holder expressly for use in such Disclosure Package, Registration Statement, Prospectus, Free Writing Prospectus or such amendment or supplement thereto, including, without limitation, the information furnished to the Company pursuant to Section 6(c) hereof; provided, however, that the total amount to be indemnified by such Holder or other Indemnifying Party pursuant to the Company specifically for inclusion in the Registration Statement or such Prospectus. Notwithstanding anything to the contrary contained herein, each Holder this Section 8(b) shall be liable under this Section 5(b) for only that amount as does not exceed limited to the net proceeds to (after deducting underwriters’ discounts and commissions) received by such Holder as a result of in the sale of Registrable Securities pursuant offering to which such Disclosure Package, Registration Statement, Prospectus, Free Writing Prospectus or such amendment or supplement thereto relates.
Appears in 2 contracts
Sources: Registration Rights Agreement (Us Concrete Inc), Subscription Agreement (Us Concrete Inc)
Indemnification by Holders. Each Holder shallagrees, severally and not jointly, to indemnify and hold harmless harmless, the Company, its the directors, officersand officers of the Company and each Person, agents and employeesif any, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and or Section 20 of the Exchange Act), and the directors, officers, agents and employees of such controlling Persons, to the fullest same extent permitted by applicable law, as the foregoing indemnity contained in Section 6.1 from and against all Losses (as determined by a court of competent jurisdiction in a final judgment not subject the Company to appeal or review)the Holders, as incurred, arising solely out of or based solely upon any untrue statement of a material fact contained in the Registration Statement, any Prospectus, or any form of prospectus, or arising solely out of or based solely upon any omission of a material fact required but only with respect to be stated therein or necessary information relating to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto, in the light of the circumstances under which they were made) not misleading, such Holder furnished to the extent, but only to the extent, that such untrue statement or omission is contained in any information so furnished Company in writing by such Holder or other Indemnifying Party to the Company specifically expressly for inclusion use in the Initial Registration Statement Statement, Prospectus or such preliminary prospectus or Issuer Free Writing Prospectus, or any amendment or supplement thereto. Notwithstanding anything to the contrary contained herein, each Holder shall be liable under provisions of this Section 5(b) for only that 6.2 or Section 6.4 below, in no event shall any Holder be required to indemnify any person pursuant to this Article VI or to contribute pursuant to Section 6.4 below in any amount as does not exceed in excess of the net proceeds to amount by which the amount received by such Holder as a result of the with respect to its sale of Registrable Securities pursuant to the Initial Registration Statement exceeds the amount of any damages that such Registration StatementHolder has otherwise been required to pay by reason of such untrue or alleged untrue statement or omission or alleged omission made in connection with such sale.
Appears in 2 contracts
Sources: Registration Rights Agreement (Hayes Lemmerz International Inc), Registration Rights Agreement (Hli Operating Co Inc)
Indemnification by Holders. Each selling Holder shall, severally and but not jointly, jointly agrees to indemnify and hold harmless the Company, its directorseach Underwriter, officersthe other selling Holders and the Blackstone Investors, agents and employeeseach of their respective partners, managers, officers and employees (including each Person officer of the Company who signed the Registration Statement), and each Person, if any, who controls the Company (Company, any Underwriter or any other selling Holder or the Blackstone Investors within the meaning of Section 15 of the Securities Act Act, against any and all losses, liabilities, claims, damages, judgments and expenses described in the indemnity contained in paragraph (a) of this Section 20 (provided that any settlement of the Exchange Act), and type described therein is effected with the directors, officers, agents and employees written consent of such controlling Persons, to the fullest extent permitted by applicable law, from and against all Losses (as determined by a court of competent jurisdiction in a final judgment not subject to appeal or reviewselling Holder), as incurred, arising solely out of but only with respect to untrue statements or based solely upon any alleged untrue statement statements of a material fact contained in the any Registration Statement, any ProspectusStatement or Prospectus or omissions, or any form of prospectus, or arising solely out of or based solely upon any omission alleged omissions therefrom of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement theretotherein, in the 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 such case made in reliance upon and in conformity with written information so furnished in writing by such Holder or other Indemnifying Party to the Company specifically by such selling Holder expressly for inclusion use in the such Registration Statement (or any amendment thereto) or such Prospectus. Notwithstanding anything to the contrary contained herein, each Holder shall be liable under this Section 5(b) for only that amount as does not exceed the net proceeds to such Holder as a result of the sale of Registrable Securities pursuant to such Registration StatementProspectus (or any amendment or supplement thereto).
Appears in 2 contracts
Sources: Registration Rights Agreement (New Skies Satellites Holdings Ltd.), Registration Rights Agreement (New Skies Satellites Holdings Ltd.)
Indemnification by Holders. Each Holder shallshall severally, severally pro rata based on and limited by its relative ownership of Registrable Securities, and not jointlyjointly with each other Holder, indemnify and hold harmless the CompanyCompany and its officers, its directors, officersagents, agents partners, members, stockholders and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and or Section 20 of the Exchange Act), ) and the officers, directors, officers, agents and employees of each such controlling PersonsPerson, to the fullest extent permitted by applicable law, from and against any and all Losses (as determined by a court of competent jurisdiction in a final judgment not subject to appeal or review), as incurred, arising solely out of or based solely upon relating to any untrue statement of a material fact contained in the any Registration Statement, any Prospectus, Statement or any form of Prospectus or in any amendment or supplement thereto or in any preliminary prospectus, or arising solely out of or based solely upon relating to any omission of a material fact required to be stated therein or necessary to make the statements therein (or in the case of any Prospectus or form of prospectus or supplement thereto, in the light of the circumstances under which they were made) , not misleading, to the extent, but only to the extent, extent that such untrue statement statements or omission is contained in any omissions are based upon information so regarding such Holder furnished in writing by such Holder or other Indemnifying Party to the Company specifically for inclusion in use therein. In no event shall the Registration Statement or such Prospectus. Notwithstanding anything to the contrary contained herein, each liability of any selling Holder shall be liable under this Section 5(b) for only that amount as does not hereunder exceed the net proceeds to received by such Holder as a result of upon the sale of Registrable Securities pursuant giving rise to such Registration Statementindemnification obligation (except in the case of fraud or willful misconduct).
Appears in 2 contracts
Sources: Registration Rights Agreement (Standard Parking Corp), Registration Rights Agreement (Standard Parking Corp)
Indemnification by Holders. Each Holder shall, severally and not jointly, indemnify and hold harmless the Company, its directors, officers, agents and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, officers, agents and or employees of such controlling Persons, to the fullest extent permitted by applicable law, from and against all Losses (as determined by a court of competent jurisdiction in a final judgment not subject to appeal or review)Losses, as incurred, arising solely out of or based solely upon upon: (x) such Holder’s failure to comply with the prospectus delivery requirements of the Securities Act to the extent that delivery of such Prospectus would have avoided such Loss or (y) any untrue or alleged untrue statement of a material fact contained in the any Registration Statement, any Prospectus, or any form of prospectus, or in any amendment or supplement thereto or in any preliminary prospectus, or arising solely out of or based solely upon any omission or alleged omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto, in the light of the circumstances under which they were made) not misleading, misleading to the extent, but only to the extent, that such untrue statement statements or omission is contained in any omissions are based solely upon information so regarding such Holder furnished in writing to the Company by such Holder or other Indemnifying Party to expressly for use therein. In no event shall the Company specifically for inclusion liability of any selling Holder hereunder be greater in amount than the Registration Statement or such Prospectus. Notwithstanding anything to the contrary contained herein, each Holder shall be liable under this Section 5(b) for only that dollar amount as does not exceed of the net proceeds to received by such Holder as a result of upon the sale of the Registrable Securities pursuant giving rise to such Registration Statementindemnification obligation.
Appears in 2 contracts
Sources: Registration Rights Agreement (Elio Motors, Inc.), Registration Rights Agreement (Smart Video Technologies Inc)
Indemnification by Holders. Each Holder shall, severally jointly and not jointlyseverally, indemnify and hold harmless the Company, its officers, directors, officers, agents and employees, each Person person who controls the Company (within the meaning of Section 15 of the Securities Act and or Section 20 of the Exchange Act), and the officers, directors, officers, agents and employees of each such controlling Personsperson, to the fullest extent permitted by applicable law, from and against any and all Losses (as determined by a court of competent jurisdiction in a final judgment not subject to appeal or review)Losses, as incurred, to the extent arising solely out of or based solely upon upon: (1) any untrue or alleged untrue statement of a material fact contained in the Registration Statement, any Prospectus, Prospectus or any form of prospectus or in any amendment or supplement thereto or in any preliminary prospectus, or arising solely out of or based solely upon relating to any omission or alleged omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto, in the light of the circumstances under which they were made) not misleading, misleading to the extent, but only to the extent, that such untrue statement or omission is contained in any information so furnished in writing by such Holder or other Indemnifying Party to the Company specifically for inclusion in the Registration Statement or such Prospectus. Notwithstanding anything to Prospectus expressly for use therein, or (2) the contrary contained herein, each Holder shall be liable under this Section 5(b) for only that amount as does not exceed the net proceeds to use by such Holder as a result of an outdated or defective Prospectus; provided that such use by the Holder is after the Company has notified such Holder in writing that the Prospectus is outdated or defective including after receipt by such Holder of the sale of Registrable Securities pursuant to such Registration StatementAdvice contemplated in Section 6(b) or the Suspension Certificate contemplated in Section 6(d).
Appears in 2 contracts
Sources: Registration Rights Agreement (Global Ship Lease, Inc.), Registration Rights Agreement (Global Ship Lease, Inc.)
Indemnification by Holders. Each Holder shall, to the extent permitted by law, severally and not jointly, indemnify and hold harmless the Company, its directors, officers, agents and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, officers, agents and or employees of such controlling Persons, to the fullest extent permitted by applicable law, from and against all Losses (as determined by a court of competent jurisdiction in a final judgment not subject to appeal or review)Losses, as incurred, to the extent arising solely out of or based solely upon upon: any untrue or alleged untrue statement of a material fact contained in the any Registration Statement, any Prospectus, or in any form of amendment or supplement thereto or in any preliminary prospectus, or arising solely out of or based solely upon relating to any omission or alleged omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto, in the light of the circumstances under which they were made) not misleading, misleading to the extent, but only to the extent, that such untrue statement or omission is contained in any information so furnished in writing by such Holder or other Indemnifying Party to the Company specifically expressly for inclusion in the such Registration Statement or such Prospectus, such Prospectus or in any amendment or supplement thereto. Notwithstanding anything to In no event shall the contrary contained herein, each liability of a selling Holder shall be liable under this Section 5(b) for only that greater in amount as does not exceed than the dollar amount of the net proceeds to received by such Holder as a result of upon the sale of the Registrable Securities pursuant included in the Registration Statement giving rise to such Registration Statementindemnification obligation.
Appears in 2 contracts
Sources: Registration Rights Agreement (Roth CH Acquisition III Co), Registration Rights Agreement (Roth CH Acquisition III Co)
Indemnification by Holders. Each Holder shall, severally and not jointly, indemnify and hold harmless the Company, its directors, officers, agents and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, officers, agents and employees of such controlling Persons, to the fullest extent permitted by applicable law, from and against all Losses (as determined by a court of competent jurisdiction in a final judgment not subject to appeal or review)Losses, as incurred, arising solely out of or based solely upon (i) any breach of this Agreement by such Holder and (ii) any untrue statement of a material fact contained in the Registration Statement, any Prospectus, or any form of prospectus, or in any amendment or supplement thereto, or arising solely out of or based solely upon any omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto, in the 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 (including the plan of distribution) so furnished or approved in writing by such Holder or other Indemnifying Party to the Company specifically for inclusion in the Registration Statement or such Prospectus. Notwithstanding anything to the contrary contained herein, each Holder shall be liable under this Section 5(b6(b) for only that amount as does not exceed the net proceeds to such Holder as a result of the sale of Registrable Securities pursuant to such Registration Statement.
Appears in 2 contracts
Sources: Registration Rights Agreement (Cicero Inc), Registration Rights Agreement (Cicero Inc)
Indemnification by Holders. Each Holder shall, severally and not jointly, indemnify and hold harmless the CompanyCorporation, its the directors, officers, agents and employees, each Person who controls the Company Corporation (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, officers, agents and or employees of such controlling Persons, to the fullest extent permitted by applicable law, from and against all Losses (as determined by a court of competent jurisdiction in a final judgment not subject to appeal or review)Losses, as incurred, arising solely out of or based solely upon any untrue statement of a material fact contained in the Registration Statement, any Prospectus, or any form of prospectus, or arising solely out of or based solely upon any omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto, in the 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 so furnished in writing by such Holder or other Indemnifying Party to the Company Corporation specifically for inclusion in the Registration Statement or such Prospectus. Notwithstanding anything Prospectus and that such information was reasonably relied upon by the Corporation for use in the Registration Statement, such Prospectus or such form of prospectus or to the contrary contained herein, each Holder shall be liable under this Section 5(b) for only extent that amount as does not exceed the net proceeds such information relates to such Holder as a result or such Holder's proposed method of the sale distribution of Registrable Securities pursuant to and was reviewed and expressly approved in writing by such Holder expressly for use in the Registration Statement, such Prospectus or such form of Prospectus.
Appears in 2 contracts
Sources: Registration Rights Agreement (Entertainment Boulevard Inc), Registration Rights Agreement (Entertainment Boulevard Inc)
Indemnification by Holders. Each Holder shall, severally and not jointly, indemnify and hold harmless the Company, its directors, officers, agents and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, officers, agents and employees of such controlling Persons, to the fullest extent permitted by applicable law, from and against all Losses (as determined by a court of competent jurisdiction in a final judgment not subject to appeal or review), as incurred, arising solely out of or based solely upon any untrue statement of a material fact contained in the Registration Statement, any Prospectus, or any form of prospectus, or arising solely out of or based solely upon any omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto, in the 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 so furnished in writing by such Holder or other Indemnifying Party to the Company specifically for inclusion in the Registration Statement or such Prospectus. Notwithstanding anything to the contrary contained herein, each Holder the Holders shall be liable under this Section 5(b) for only that amount as does not exceed the lesser of (i) the dollar amount of the net proceeds to received by such Holder as a result of upon the sale of the Registrable Securities giving rise to such indemnification obligation and (ii) the aggregate purchase price paid by the Holder for the Shsares pursuant to such Registration Statementthe Purchase Agreement.
Appears in 2 contracts
Sources: Note and Warrant Purchase Agreement (Eden Energy Corp), Registration Rights Agreement (Eden Energy Corp)
Indemnification by Holders. Each Holder shall, severally and not jointly, indemnify and hold harmless the Company, its directors, officers, agents and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, officers, agents and employees of such controlling Persons, to the fullest extent permitted by applicable law, from and against all Losses (as determined by a court of competent jurisdiction in a final judgment not subject to appeal or review)Losses, as incurred, arising solely out of or based solely upon any untrue statement of a material fact contained in the Registration Statement, any Prospectus, or any form of prospectus, or in any amendment or supplement thereto, or arising solely out of or based solely upon any omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto, in the 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 so furnished in writing by such Holder Holder, its legal counsel or other Indemnifying Party to the Company specifically for inclusion in the Registration Statement or such Prospectus. Notwithstanding anything to the contrary contained herein, each Holder shall be liable under this Section 5(b) only for only the lesser of (a) the actual damages incurred or (b) that amount as does not exceed the net gross proceeds to such Holder as a result of the sale of his/her/its Registrable Securities pursuant to such Registration Statement.
Appears in 2 contracts
Sources: Registration Rights Agreement (MOQIZONE HOLDING Corp), Registration Rights Agreement (MOQIZONE HOLDING Corp)
Indemnification by Holders. Each Holder shallIt shall be a condition precedent to the obligation of the Company to take any action herein relating to the registration of any of the Registrable Shares that the Company shall have received from the holders of the Registrable Shares, severally if such holder wishes to register any of the Registrable Shares, (i) one or more written statements setting forth all information with respect to such holder, the Warrant Shares and not jointlythe transaction or transactions which such holder contemplates with respect thereto, which any law, rule or regulation requires to be included in any registration statement with respect thereto, and (ii) an agreement satisfactory to the Company to indemnify and hold harmless harmless, in the same manner and to the same extent as set forth herein, the Company, its directors, officers, agents and employeeseach director of the Company, each Person officer of the Company who signs such registration statement, and any person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, officers, agents and employees of such controlling Persons, with respect to the fullest extent permitted by applicable law, from and against all Losses (as determined by a court of competent jurisdiction in a final judgment not subject to appeal any actual or review), as incurred, arising solely out of or based solely upon any alleged untrue statement of a material fact contained in the Registration Statementin, or omission from, such registration statement, any Prospectuspreliminary prospectus or final prospectus contained therein, or any form of prospectus, or arising solely out of or based solely upon any omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus amendment or supplement thereto, in the light of the circumstances under which they were made) not misleading, to the extent, but only to the extent, that if such actual or alleged untrue statement or omission is contained was made in reliance upon, and in conformity with, any information so written statement furnished in writing by such Holder or other Indemnifying Party to the Company by such holder specifically for inclusion use in the Registration Statement preparation of such registration statement, preliminary prospectus, final prospectus or such Prospectusamendment or supplement. Notwithstanding anything The liability of any holder of Registrable Shares pursuant to this Section 9.7 shall be limited to the contrary contained herein, each Holder shall be liable under this Section 5(b) for only that amount as does not exceed the net proceeds to received by such Holder as a result of holder from the sale of the Registrable Securities pursuant to such Registration StatementShares.
Appears in 2 contracts
Sources: Financing Agreement (Pathways Group Inc), Financing Agreement (Pathways Group Inc)
Indemnification by Holders. Each Holder shall, severally and not jointly, if Registrable Securities held by or issuable to such Holder are included in the securities as to which such registration is being effected, indemnify and hold harmless the Company, its directors, officers, agents and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, officers, agents and or employees of such controlling Persons, to the fullest extent permitted by applicable law, from and against all Losses (as determined by a court of competent jurisdiction in a final judgment not subject to appeal or review)Losses, as incurred, arising solely out of or based solely upon upon: (x) such Holder's failure to deliver the Prospectus provided to it by the Company in compliance with the prospectus delivery requirements of the Securities Act or (y) any untrue statement of a material fact contained in the any Registration Statement, any Prospectus, or any form of prospectusProspectus, or arising solely out of in any amendment or based solely upon supplement thereto, or any omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto, in the light of the circumstances under which they were made) not misleading, misleading to the extent, but only to the extentextent that, that (1) such untrue statement statements or omission omissions is contained made in such Registration Statement or Prospectus in reliance upon and in conformity with written information furnished to the Company by a Holder specifically for use therein. In no event shall the liability of any information so furnished selling Holder hereunder be greater in writing amount than the dollar amount of the net proceeds received by such Holder or other Indemnifying Party to the Company specifically for inclusion in the Registration Statement or such Prospectus. Notwithstanding anything to the contrary contained herein, each Holder shall be liable under this Section 5(b) for only that amount as does not exceed the net proceeds to such Holder as a result of upon the sale of the Registrable Securities pursuant giving rise to such Registration Statementindemnification obligation.
Appears in 2 contracts
Sources: Note Purchase Agreement (China SLP Filtration Technology, Inc.), Registration Rights Agreement (Perpetual Technologies, Inc.)
Indemnification by Holders. Each Holder shall, severally and but not jointly, indemnify and hold harmless the CompanyParent, its directors, officers, agents and employees, each Person person or entity who controls the Company Parent (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, officers, agents and employees of such controlling Personspersons or entities, to the fullest extent permitted by applicable law, from and against all Losses (as determined by a court of competent jurisdiction in a final judgment not subject to appeal or review), as incurred, arising solely out of or based solely upon any untrue statement of a material fact contained in a registration statement applicable to the Registration StatementRegistrable Securities, any Prospectusprospectus, or any form of prospectus, or in any amendment or supplement thereto, or arising solely out of or based solely upon any omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus prospectus or form of prospectus or supplement thereto, in the 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 so furnished in writing by such a Holder or other Indemnifying Party to the Company Parent specifically for inclusion in a registration statement applicable to the Registration Statement Registrable Securities or such Prospectus. Notwithstanding anything to the contrary contained herein, each Holder shall be liable under this Section 5(b) for only that amount as does not exceed the net proceeds to such Holder as a result of the sale of Registrable Securities pursuant to such Registration Statementprospectus.
Appears in 2 contracts
Sources: Registration Rights Agreement (SFX Entertainment, INC), Registration Rights Agreement (SFX Entertainment, INC)
Indemnification by Holders. Each Holder shall, severally and not jointly, participating in such registration will indemnify and hold harmless the Company, each of its directors, officerseach of its officers and each other person, agents and employeesif any, each Person who controls the Company (Company, within the meaning of Section 15 of the Securities Act (collectively, the "Company Indemnitees" and, individually, a "Company Indemnitee") and Section 20 each other Holder Indemnitee against all losses, claims, damages or liabilities, joint or several, to which any of the Exchange Act)Company Indemnitees or the other Holder Indemnitees may become subject under the Securities Act or otherwise, and the directorsinsofar as such losses, officersclaims, agents and employees of such controlling Persons, to the fullest extent permitted by applicable law, from and against all Losses damages or liabilities (as determined by a court of competent jurisdiction or actions in a final judgment not subject to appeal or review), as incurred, arising solely respect thereof) arise out of or are based solely upon any untrue statement or alleged untrue statement of a any material fact contained in the such Registration Statement, any Prospectusor Prospectus contained therein, or any form of prospectusamendment or supplement thereto, or arising solely arise out of or are based solely upon any the omission of or alleged omission to state therein a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto, in the light of the circumstances under which they were made) not misleading, but only if, and to the extentextent that, but only to the extent, that such untrue statement or omission is contained was in any reliance upon and in conformity with information so furnished in writing to the Company by such Holder or other Indemnifying Party to the Company specifically for inclusion use in the Registration Statement or such Prospectus. Notwithstanding anything to the contrary contained herein, each Holder shall be liable under this Section 5(b) for only that amount as does not exceed the net proceeds to such Holder as a result of the sale of Registrable Securities pursuant to such Registration Statementpreparation thereof.
Appears in 2 contracts
Sources: Stock Purchase Agreement (Computer Integration Corp), Stock Purchase Agreement (Codinvest LTD)
Indemnification by Holders. Each Holder shall, severally and not jointly, indemnify and hold harmless the Company, its directors, officers, agents and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, officers, agents and employees of such controlling Persons, to the fullest extent permitted by applicable law, from and against all Losses (as determined by a court of competent jurisdiction in a final judgment not subject to appeal or review), as incurred, (i) arising solely out of or based solely upon any untrue statement of a material fact contained in the Registration Statement, any Prospectus, or any form of prospectus, or in any amendment or supplement thereto, or arising solely out of or based solely upon any omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto, in the 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 so furnished in writing by such Holder or other Indemnifying Party to the Company specifically for inclusion in the Registration Statement or such Prospectus, or (ii) arising out of any failure by such Holder to comply with such Holder’s obligations under Section 3(m) to discontinue dispositions of Registrable Securities after receipt of notice from the Company to do so under the circumstances therein provided. Notwithstanding anything to the contrary contained herein, each Holder shall be liable under this Section 5(b) for only that amount as does not exceed the net proceeds to such Holder as a result of the sale of Registrable Securities pursuant to such Registration Statement.
Appears in 2 contracts
Sources: Registration Rights Agreement (Kaching Kaching, Inc.), Registration Rights Agreement (Duke Mining Company, Inc.)
Indemnification by Holders. Each Holder shall, notwithstanding any termination of this Agreement, severally and not jointly, indemnify and hold harmless the Company, its the Guarantors, their respective directors, officers, agents and employees, each Person who controls the Company or the Guarantors (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, officers, agents and or employees of such controlling Persons, to the fullest extent permitted by applicable law, from and against all Losses (as determined by a court of competent jurisdiction in a final judgment not subject to appeal or review)Losses, as incurred, arising solely out of or based solely upon any untrue statement of a material fact contained in the any Registration Statement, any Prospectus, or any form of prospectus (including, without limitation, any “issuer free writing prospectus” as defined in Rule 433), or in any amendment or supplement thereto, or arising solely out of or based solely upon any omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus Prospectus, or any form of prospectus (including, without limitation, any “issuer free writing prospectus” as defined in Rule 433) or supplement thereto, in the light of the circumstances under which they were made) not misleading, misleading to the extent, but only to the extent, that such untrue statement statements or omission is contained in any omissions are based solely upon information so regarding such Holder furnished in writing to the Company by such Holder or other Indemnifying Party to the Company specifically for inclusion in the Registration Statement Questionnaire or such Prospectusotherwise expressly for use therein. Notwithstanding anything to In no event shall the contrary contained herein, each liability of any selling Holder shall hereunder be liable under this Section 5(b) for only that greater in amount as does not exceed than the dollar amount of the net proceeds to received by such Holder as a result of upon the sale of the Registrable Securities pursuant giving rise to such Registration Statementindemnification obligation.
Appears in 2 contracts
Sources: Registration Rights Agreement (Eastman Kodak Co), Registration Rights Agreement (Eastman Kodak Co)
Indemnification by Holders. Each Holder shall, severally and not -------------------------- jointly, indemnify and hold harmless the Company, its the directors, officers, agents and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, officers, agents and or employees of such controlling Persons, to the fullest extent permitted by applicable law, from and against all Losses (as determined by a court of competent jurisdiction in a final judgment not subject to appeal or review), as incurred, arising solely out of or based solely upon any untrue statement of a material fact contained in the Registration Statement, any Prospectus, or any form of prospectus, or arising solely out of or based solely upon any omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto, in the light of the circumstances under which they were made) not misleading, misleading to the extent, but only to the extent, that such untrue statement or omission is contained in any information so furnished in writing by such Holder or other Indemnifying Party to the Company specifically for inclusion in the Registration Statement or such Prospectus. Notwithstanding anything Prospectus or to the contrary contained herein, each Holder shall be liable under this Section 5(b) for only extent that amount as does not exceed the net proceeds such information relates to such Holder as a result or such Holder's proposed method of distribution of Registrable Securities. In no event shall the liability of any selling Holder hereunder be greater in amount than the dollar amount of the gross proceeds received by such Holder upon the sale of the Registrable Securities pursuant giving rise to such Registration Statementindemnification obligation.
Appears in 2 contracts
Sources: Registration Rights Agreement (Organogenesis Inc), Registration Rights Agreement (Organogenesis Inc)
Indemnification by Holders. Each Holder shall, severally and not jointly, participating in such registration shall indemnify and hold harmless the Company, each of its directors, officerseach of its officers and each other person, agents and employeesif any, each Person who controls the Company (Company, within the meaning of Section 15 of the Securities Act (collectively, the "Company Indemnitees" and, individually, a "Company Indemnitee") and Section 20 each other Holder Indemnitee against all losses, claims, damages or liabilities, joint or several, to which any of the Exchange Act)Company Indemnitees or the other Holder Indemnitees may become subject under the Securities Act or otherwise, and the directorsinsofar as such losses, officersclaims, agents and employees of such controlling Persons, to the fullest extent permitted by applicable law, from and against all Losses damages or liabilities (as determined by a court of competent jurisdiction or actions in a final judgment not subject to appeal or review), as incurred, arising solely respect thereof) arise out of or are based solely upon any untrue statement or alleged untrue statement of a any material fact contained in the such Registration Statement, any Prospectusor Prospectus contained therein, or any form of prospectusamendment or supplement thereto, or arising solely arise out of or are based solely upon any the omission of or alleged omission to state therein a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto, in the light of the circumstances under which they were made) not misleading, but only if, and to the extentextent that, but only to the extent, that such untrue statement or omission is contained was in any reliance upon and in conformity with information so furnished in writing to the Company by such Holder or other Indemnifying Party to the Company specifically for inclusion use in the Registration Statement or such Prospectus. Notwithstanding anything to the contrary contained herein, each Holder shall be liable under this Section 5(b) for only that amount as does not exceed the net proceeds to such Holder as a result of the sale of Registrable Securities pursuant to such Registration Statementpreparation thereof.
Appears in 2 contracts
Sources: Warrant Agreement (Codinvest LTD), Warrant Agreement (Computer Integration Corp)
Indemnification by Holders. Each Holder shall, severally and not jointly, indemnify and hold harmless the Company, its directors, officers, agents and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, officers, agents and or employees of such controlling Persons, to the fullest extent permitted by applicable law, from and against all Losses (as determined by a court of competent jurisdiction in a final judgment not subject to appeal or review)Losses, as incurred, arising solely out of or based solely upon any untrue statement of a material fact contained in the any Registration Statement, any Prospectus, or any form of prospectus, or in any amendment or supplement thereto, or arising solely out of or based solely upon any omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto, in the light of the circumstances under which they were made) not misleading, misleading to the extent, but only to the extentextent that, such untrue statements or omissions are based solely upon information regarding such Holder furnished in writing to the Company by or on behalf of such Holder expressly for use therein, or to the extent that such untrue statement information relates to such Holder or omission is contained in any information so such Holder’s proposed method of distribution of Registrable Securities and furnished in writing by or on behalf of such Holder or other Indemnifying Party to the Company specifically expressly for inclusion use in the Registration Statement Statement, such Prospectus or such Prospectusform of Prospectus or in any amendment or supplement thereto. Notwithstanding anything to In no event shall the contrary contained herein, each liability of any selling Holder shall hereunder be liable under this Section 5(b) for only that greater in amount as does not exceed than the dollar amount of the net proceeds to received by such Holder as a result of upon the sale of the Registrable Securities pursuant giving rise to such Registration Statementindemnification obligation.
Appears in 2 contracts
Sources: Registration Rights Agreement (Applied Blockchain, Inc.), Registration Rights Agreement (Applied Blockchain, Inc.)
Indemnification by Holders. Each Holder shall, severally and not -------------------------- jointly, indemnify and hold harmless the Company, its the directors, officers, agents and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, officers, agents and or employees of such controlling Persons, and the respective successors, assigns, estate and personal representatives of each of the foregoing, to the fullest extent permitted by applicable law, from and against all Losses (as determined by a court of competent jurisdiction in a final judgment not subject to appeal or review)Losses, as incurred, arising solely out of or based solely upon any untrue statement of a material fact contained in the Registration Statement, any Prospectus, or any form of prospectus, or arising solely out of or based solely upon any omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto, in the 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 or omitted from any information so furnished in writing by such Holder or other Indemnifying Party to the Company specifically for inclusion in the Registration Statement or such ProspectusProspectus and that such information was reasonably relied upon by the Company for use in the Registration Statement, such Prospectus or such form of prospectus. Notwithstanding anything to the contrary contained herein, each the Holder shall be liable under this Section 5(b) for only that amount as does not exceed the net proceeds to such Holder as a result of the sale of Registrable Securities pursuant to such Registration Statement.
Appears in 2 contracts
Sources: Registration Rights Agreement (Mphase Technologies Inc), Registration Rights Agreement (Mphase Technologies Inc)
Indemnification by Holders. Each In connection with any offering in which a Holder shallis participating pursuant to Section 3 or 4 hereof, such Holder agrees severally (and not jointly, ) to indemnify and hold harmless the CompanyCompany and each other Holder and their respective partners, its directors, officers, agents and managers, employees, agents, trustees, the other Holders, any underwriter retained by the Company and each Person who controls the Company Company, the other Holders or such underwriter (within the meaning of Section 15 of the Securities Act and Section 20 Act) to the same extent as the foregoing indemnity from the Company to the Holders (including indemnification of the Exchange Act)their respective partners, and the directors, officers, agents Affiliates, stockholders, members, employees, trustees and employees of such controlling Persons, to the fullest extent permitted by applicable law, from and against all Losses (as determined by a court of competent jurisdiction in a final judgment not subject to appeal or review), as incurred, arising solely out of or based solely upon any untrue statement of a material fact contained in the Registration Statement, any Prospectus, or any form of prospectus, or arising solely out of or based solely upon any omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto, in the light of the circumstances under which they were made) not misleading, to the extent, but only to the extent, extent that such untrue Liabilities arise out of or are based upon a statement or alleged statement or an omission is contained or alleged omission that was made in any reliance upon and in conformity with information so with respect to such Holder furnished in writing to the Company by or on behalf of such Holder expressly for use in such Disclosure Package, Registration Statement, Prospectus, or such amendment or supplement thereto, including, without limitation, the information furnished to the Company pursuant to Sections 6(a) and (6(c) hereof; provided, however, that the aggregate amount to be indemnified by any Holder pursuant to this Section 8(b) and contributed by any Holder pursuant to Section 8(d) shall be limited to the net proceeds (after deducting underwriters’ discounts and commissions) received by such Holder or other Indemnifying Party to the Company specifically for inclusion in the offering to which such Disclosure Package, Registration Statement Statement, Prospectus or such Prospectus. Notwithstanding anything to the contrary contained herein, each Holder shall be liable under this Section 5(b) for only that amount as does not exceed the net proceeds to such Holder as a result of the sale of Registrable Securities pursuant to such Registration Statementamendment or supplement thereto relates.
Appears in 2 contracts
Sources: Securities Purchase Agreement (Harbinger Group Inc.), Registration Rights Agreement (Harbinger Group Inc.)
Indemnification by Holders. Each Holder shall, severally and not jointly, indemnify and hold harmless the Company, its directors, officers, agents and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, officers, agents and or employees of such controlling Persons, to the fullest extent permitted by applicable law, from and against all Losses (as determined by a court of competent jurisdiction in a final judgment not subject to appeal or review)Losses, as incurred, arising solely out of or are based solely upon any untrue or alleged untrue statement of a material fact contained in the any Registration Statement, any Prospectus, or any form of prospectus, or in any amendment or supplement thereto or in any preliminary prospectus, or arising solely out of or based solely upon relating to any omission or alleged omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus Prospectus, or any form of prospectus or supplement thereto, in the light of the circumstances under which they were made) not misleading, misleading to the extent, but only to the extent, that such untrue statement statements or omission is contained in any omissions are based solely upon information so regarding such Holder (including such Holder’s proposed method of distribution of Registrable Securities) furnished in writing to the Company by such Holder or other Indemnifying Party to expressly for use therein. In no event shall the Company specifically for inclusion liability of any selling Holder hereunder be greater in amount than the Registration Statement or such Prospectus. Notwithstanding anything to the contrary contained herein, each Holder shall be liable under this Section 5(b) for only that dollar amount as does not exceed of the net proceeds to received by such Holder as a result of upon the sale of the Registrable Securities pursuant giving rise to such Registration Statementindemnification obligation.
Appears in 2 contracts
Sources: Registration Rights Agreement (Cordia Bancorp Inc), Securities Purchase Agreement (Cordia Bancorp Inc)
Indemnification by Holders. Each Holder shall, severally and not jointly, indemnify and hold harmless the Company, its directors, officers, agents and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, officers, agents and employees of such controlling Persons, to the fullest extent permitted by applicable law, from and against all Losses (as determined by a court of competent jurisdiction in a final judgment not subject to appeal or review)Losses, as incurred, arising solely out of or based solely upon any untrue statement of a material fact contained in the Registration Statement, any Prospectus, or any form of prospectus, or in any amendment or supplement thereto, or arising solely out of or based solely upon any omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto, in the 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 so furnished in writing by such Holder or other Indemnifying Party to the Company specifically for inclusion in the Registration Statement or such Prospectus, amendment or supplement. Notwithstanding anything to the contrary contained herein, each Holder shall be liable under this Section 5(b) for only that amount as does not exceed the net proceeds to such Holder as a result of the sale of Registrable Securities pursuant to such Registration Statement.
Appears in 2 contracts
Sources: Registration Rights Agreement (MDwerks, Inc.), Registration Rights Agreement (MDwerks, Inc.)
Indemnification by Holders. Each Holder shall, severally and not jointly, indemnify and hold harmless the Company, its directors, officers, agents and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, officers, agents and employees of such controlling Persons, to the fullest extent permitted by applicable law, from and against all Losses (as determined by a court of competent jurisdiction in a final judgment not subject to appeal or review), as incurred, arising solely out of or based solely upon any untrue statement of a material fact contained in the Registration Statement, any Prospectus, or any form of prospectus, or arising solely out of or based solely upon any omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto, in the 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 so furnished in writing by such Holder (or their counsel or Special Counsel) or other Indemnifying Party to the Company specifically for inclusion in the Registration Statement or such Prospectus. Notwithstanding anything to the contrary contained herein, each Holder shall be liable under this Section 5(b) for only that amount as does not exceed the net proceeds to such Holder as a result of the sale of Registrable Securities pursuant to such Registration Statement.
Appears in 2 contracts
Sources: Note and Warrant Purchase Agreement (Remote Dynamics Inc), Note and Warrant Purchase Agreement (Remote Dynamics Inc)
Indemnification by Holders. Each Holder shall, severally and not jointly, indemnify and hold harmless the Company, its directors, officers, agents and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, officers, agents and employees of such controlling Persons, to the fullest extent permitted by applicable law, from and against all Losses (as determined by a court of competent jurisdiction in a final judgment not subject to appeal or review)Losses, as incurred, arising solely out of or based solely upon any untrue statement of a material fact contained in the Registration Statement, any Prospectus, or any form of prospectus, or in any amendment or supplement thereto, or arising solely out of or based solely upon any omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto, in the 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 so furnished in writing by such Holder or other Indemnifying Party to the Company specifically for inclusion in the Registration Statement or such Prospectus. Notwithstanding anything to the contrary contained herein, each Holder shall be liable under this Section 5(b) only for only the lesser of (a) the actual damages incurred or (b) that amount as does not exceed the net gross proceeds to such Holder as a result of the sale of his, her or its Registrable Securities pursuant to such Registration Statement.
Appears in 2 contracts
Sources: Registration Rights Agreement (Southern Sauce Company, Inc.), Registration Rights Agreement (International Imaging Systems Inc)
Indemnification by Holders. Each Holder shall, severally and not jointly, indemnify and hold harmless the Company, its officers, directors, officersemployees, agents representatives and employeesagents, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, officers, agents and or employees of such controlling Persons, to the fullest extent permitted by applicable law, from and against all Losses (as determined by a court of competent jurisdiction in a final judgment not subject to appeal or review), as incurred, ) arising solely out of or based solely upon relating to any untrue statement of a material fact contained in the Registration Statement, any Prospectus, or any form of prospectus, or arising solely out of or based solely upon relating to any omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto, in the light of the circumstances under which they were made) not misleading, misleading to the extent, but only to the extent, that such untrue statement or omission is contained in any information so furnished in writing by such Holder or other Indemnifying Party to the Company specifically for inclusion in the Registration Statement Statement, such Prospectus or such Prospectus. Notwithstanding anything form of prospectus and that such information was reasonably relied upon by the Company for use in the Registration Statement, such Prospectus or such form of prospectus or to the contrary contained hereinextent that such information relates to such Holder or such Holder’s proposed method of distribution of Registrable Securities and was reviewed and expressly approved in writing by such Holder expressly for use in the Registration Statement, each Holder shall be liable such Prospectus or such form of Prospectus; provided, however, that the indemnity under this Section 5(b) for only that amount as does 9.2 shall not exceed the net proceeds to such Holder as a result of from the sale of Registrable Securities pursuant to such Registration Statementoffering received by the Holder.
Appears in 2 contracts
Sources: Registration Rights Agreement (Thomas Weisel Partners Group, Inc.), Registration Rights Agreement (Thomas Weisel Partners Group, Inc.)
Indemnification by Holders. In connection with any Registration Statement in which any selling Holder is participating pursuant to Section 3, Section 4 or Section 5 hereof, each such selling Holder shall promptly furnish to the Company in writing such information with respect to such Holder as the Company may reasonably request or as may be required by law for use in connection with any such Registration Statement or prospectus and all information required to be disclosed in order to make the information previously furnished to the Company by such Holder not materially misleading or necessary to cause such Registration Statement not to omit a material fact with respect to such Holder necessary in order to make the statements therein not misleading. Each Holder shallagrees to, severally and but not jointly, indemnify and hold harmless the Company, its directors, officers, agents any underwriter retained by the Company and employees, each Person who controls the Company or such underwriter (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, officers, agents and employees of such controlling Persons, to the fullest extent permitted by applicable law, ) from and against all Losses (as determined by a court of competent jurisdiction in a final judgment not subject to appeal or review), as incurred, the Liability arising solely out of or based solely upon any untrue statement of a material fact contained in the Registration Statement, any Prospectus, or any form of prospectus, or arising solely out of or based solely upon any omission of a material fact required that was made in reliance upon and in conformity with information with respect to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto, in the 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 so Holder furnished in writing to the Company by such Holder expressly for use in such Registration Statement or other Indemnifying Party the final prospectus, including, without limitation, the information furnished to the Company specifically for inclusion pursuant to this Section 9.2; provided, however, that the total amount to be indemnified by such Holder pursuant to this Section 9.2 shall be limited to the net proceeds (after deducting the underwriters’ discounts and commissions) received by such Holder in the offering to which the Registration Statement or such Prospectus. Notwithstanding anything to the contrary contained herein, each Holder shall be liable under this Section 5(b) for only that amount as does not exceed the net proceeds to such Holder as a result of the sale of Registrable Securities pursuant to such Registration Statementfinal prospectus relates.
Appears in 1 contract
Sources: Share Subscription Agreement (Qihoo 360 Technology Co LTD)
Indemnification by Holders. Each Holder shall, severally and not jointly, indemnify and hold harmless the Company, its the directors, officers, agents and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, officers, agents and employees of such controlling Persons, to the fullest extent permitted by applicable law, from and against all Losses (as determined by a court of competent jurisdiction in a final judgment not subject to appeal or review), as incurred, arising solely out of or based solely upon any untrue statement of a material fact contained in the Registration Statement, any Prospectus, or any form of prospectus, or arising solely out of or based solely upon any omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto, in the 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 so furnished in writing by such Holder or other Indemnifying Party to the Company specifically for inclusion in the Registration Statement or such Prospectus. Notwithstanding anything to the contrary contained herein, each Holder shall be liable under this Section 5(b) for only that amount as does not exceed the lesser of (i) the net proceeds to such Holder as a result of the sale of Registrable Securities pursuant to such Registration StatementStatement and (ii) the aggregate purchase price paid by such Holder for the Preferred Shares and the Warrants pursuant to the Purchase Agreement.
Appears in 1 contract
Sources: Registration Rights Agreement (Urigen Pharmaceuticals, Inc.)
Indemnification by Holders. Each In connection with any registration statement in which a Holder shallis participating, each such Holder shall furnish to the Company in writing such information and affidavits with respect to such Holder as the Company reasonably requests for use in connection with any such registration statement or prospectus and agrees to indemnify, severally and not jointly, indemnify and hold harmless to the fullest extent permitted by law, the Company, its directors, officers, directors and agents and employeeseach Person, each Person if any, who controls the Company (within the meaning of Section 15 of the Securities Act Act) against any and Section 20 of the Exchange Act)all losses, claims, damages, liabilities and the directors, officers, agents and employees of such controlling Persons, to the fullest extent permitted by applicable law, expenses resulting from and against all Losses (as determined by a court of competent jurisdiction in a final judgment not subject to appeal or review), as incurred, arising solely out of or based solely upon any untrue statement or alleged untrue state ment of a material fact contained in the Registration Statement, any Prospectus, or any form of prospectus, omission or arising solely out of or based solely upon any alleged omission of a material fact required to be stated therein in any registration statement, prospectus or preliminary prospectus or any amendment thereof or supplement thereto or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement theretoa prospectus, in the light of the circumstances under which they were made) not misleading, to the extent, but only to the extent, that such untrue or alleged untrue statement or omission is contained in or improperly omitted from, as the case may be, any information or affidavit with respect to such Holder so furnished in writing by such Holder. Each Holder or other Indemnifying Party also shall indemnify any underwriters of the Registrable Securities, their officers and directors and each Person who controls such underwriters (within the meaning of the Securities Act) to the Company specifically for inclusion in the Registration Statement or such Prospectus. Notwithstanding anything same extent as provided above with respect to the contrary contained herein, each Holder shall be liable under this Section 5(b) for only that amount as does not exceed the net proceeds to such Holder as a result indemnification of the sale of Registrable Securities pursuant to such Registration StatementCompany.
Appears in 1 contract
Indemnification by Holders. Each Holder shall, severally and not jointly, indemnify and hold harmless the Company, its the directors, officers, agents and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, officers, agents and or employees of such controlling Persons, to the fullest extent permitted by applicable law, from and against all Losses (as determined by a court of competent jurisdiction in a final judgment not subject to appeal or review)Losses, as incurred, arising solely out of or based solely upon any untrue statement of a material fact contained in the Registration Statement, any Prospectus, or any form of prospectus, or arising solely out of or based solely upon any omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto, in the 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 or omitted from any information so furnished in writing by such Holder or other Indemnifying Party to the Company specifically for inclusion in the Registration Statement or such ProspectusProspectus and that such information was reasonably relied upon by the Company for use in the Registration Statement, such Prospectus or such form of prospectus. Notwithstanding anything to the contrary contained herein, each the Holder shall be liable under this Section 5(b) for only that amount as does not exceed the net proceeds to such Holder as a result of the sale of Registrable Securities pursuant to such Registration Statement.
Appears in 1 contract
Sources: Registration Rights Agreement (Cam Data Systems Inc)
Indemnification by Holders. Each Holder shall, severally and not jointly, indemnify and hold harmless the Company, its directors, officers, agents and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, officers, agents and employees of such controlling Persons, to the fullest extent permitted by applicable law, from and against all Losses (as determined by a court of competent jurisdiction in a final judgment not subject to appeal or review), as incurred, arising solely out of or based solely upon any untrue statement of a material fact contained in the any Registration Statement, any Prospectus, or any form of prospectus, or arising solely out of or based solely upon any omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto, in the 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 so furnished in writing by such Holder (or their counsel or Special Counsel) or other Indemnifying Party to the Company specifically for inclusion in the any Registration Statement or such Prospectus. Notwithstanding anything to the contrary contained herein, each Holder shall be liable under this Section 5(b) for only that amount as does not exceed the net proceeds to such Holder as a result of the sale of Registrable Securities pursuant to such Registration Statement.
Appears in 1 contract
Sources: Registration Rights Agreement (Datalogic International Inc)
Indemnification by Holders. Each Holder shall, severally and --------------------------- not jointly, indemnify and hold harmless the Company, its directors, officers, agents and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, officers, agents and employees of such controlling Persons, to the fullest extent permitted by applicable law, from and against all Losses (as determined by a court of competent jurisdiction in a final judgment not subject to appeal or review), as incurred, arising solely out of or based solely upon any untrue statement of a material fact contained in the Registration Statement, any Prospectus, or any form of prospectus, or in any amendment or supplement thereto, or arising solely out of or based solely upon any omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto, in the 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 so furnished in writing by such Holder or other Indemnifying Party to the Company specifically for inclusion in the Registration Statement or such Prospectus. Notwithstanding anything to the contrary contained herein, each Holder shall be liable under this Section 5(b) for only that amount as does not exceed the net proceeds to such Holder as a result of the sale of Registrable Securities pursuant to such a Registration Statement.
Appears in 1 contract
Sources: Note and Warrant Purchase Agreement (Charys Holding Co Inc)
Indemnification by Holders. Each Holder shall, severally and not jointly, indemnify and hold harmless the Company, its respective directors, officers, agents and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, officers, agents and or employees of such controlling Persons, to the fullest extent permitted by applicable law, from and against all Losses (as determined by a court of competent jurisdiction in a final judgment not subject to appeal or review)Losses, as incurred, arising solely out of or are based solely upon any untrue statement of a material fact contained in the any Registration Statement, any Prospectus, or any form of prospectus, or in any amendment or supplement thereto or in any preliminary prospectus, or arising solely out of or based solely upon relating to any omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus Prospectus, or any form of prospectus or supplement thereto, in the light of the circumstances under which they were made) not misleadingmisleading and has not been corrected in a subsequent writing prior to or concurrently with the sale of the Registrable Securities to the Person asserting such claim, to the extent, but only to the extent, that such untrue statements or omissions are based upon an untrue statement or omission is contained so made in any strict conformity with information so furnished in writing to the Company by such Holder or other Indemnifying Party to expressly for use therein. In no event shall the Company specifically for inclusion liability of any selling Holder hereunder be greater in amount than the Registration Statement or such Prospectus. Notwithstanding anything to the contrary contained herein, each Holder shall be liable under this Section 5(b) for only that dollar amount as does not exceed of the net proceeds to received by such Holder as a result of upon the sale of the Registrable Securities pursuant giving rise to such Registration Statementindemnification obligation. Such indemnity shall remain in full force and effect regardless of any investigation made by or on behalf of an Indemnified Party (as defined in Section 12(c)), shall survive the transfer of the Registrable Securities by the Holders, and shall be in addition to any liability which the Holder may otherwise have.
Appears in 1 contract
Sources: Registration Rights Agreement (Parker Drilling Co /De/)
Indemnification by Holders. Each Holder shallwill, severally and not jointly, indemnify and hold harmless the Company, its directors, officers, agents and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, officers, agents and or employees of such controlling Persons, to the fullest extent permitted by applicable law, from and against all Losses (as determined by a court of competent jurisdiction in a final judgment not subject to appeal or review)Losses, as incurred, arising solely out of or based solely upon (i) any untrue statement of a material fact contained in the any Registration Statement, any Prospectus, or any other form of prospectus, or in any amendment or supplement thereto, or arising solely out of or based solely upon any omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus Prospectus, or any other form of prospectus prospectus, or supplement thereto, in the light of the circumstances under which they were made) made not misleading, misleading to the extent, but only to the extent, that such untrue statement statements or omission is contained in any omissions are based solely upon information so regarding such Holder furnished in writing to the Company by such Holder or other Indemnifying Party to the Company specifically for inclusion in the Registration Statement Questionnaire or otherwise expressly for use therein, and (ii) any violation or alleged violation by such ProspectusHolder of Section 3(e), Section 3(i) or Section 6(b) hereof. Notwithstanding anything to In no event will the contrary contained herein, each liability of any selling Holder shall hereunder be liable under this Section 5(b) for only that greater in amount as does not exceed than the dollar amount of the net proceeds to received by such Holder as a result of upon the sale of the Registrable Securities pursuant giving rise to such Registration Statementindemnification obligation.
Appears in 1 contract
Sources: Subordinated Note Purchase Agreement (Investar Holding Corp)
Indemnification by Holders. Each In connection with any Registration Statement in which a Holder shallis participating, severally such Holder will furnish to the Company in writing such information as the Company reasonably requests for use in connection with any Registration Statement, Prospectus or preliminary Prospectus and not jointly, will indemnify and hold harmless harmless, to the fullest extent permitted by law, the Company, its directors, directors and officers, agents and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, officers, agents and or employees of such controlling Persons, to the fullest extent permitted by applicable lawpersons, from and against all Losses (as determined by a court of competent jurisdiction in a final judgment not subject to appeal or review), as incurred, arising solely out of or based solely upon any untrue or alleged untrue statement of a material fact contained in the any Registration Statement, any Prospectus, Prospectus or any form of prospectus, preliminary Prospectus or arising solely out of or based solely upon any omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto, in the 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 so furnished in writing by such Holder or other Indemnifying Party to the Company specifically for inclusion use in such Registration Statement, Prospectus or preliminary Prospectus and was relied upon by the Company in the preparation of such Registration Statement Statement, Prospectus or such preliminary Prospectus. Notwithstanding anything to In no event will the contrary contained herein, each liability of any selling Holder shall hereunder be liable under this Section 5(b) for only that greater in amount as does not exceed than the net dollar amount of the proceeds to received by such Holder as a result of upon the sale of the Registrable Securities pursuant giving rise to such Registration Statementindemnification obligation.
Appears in 1 contract
Sources: Registration Rights Agreement (International Cosmetics Marketing Co)
Indemnification by Holders. Each Holder shall, severally and not jointly, indemnify and hold harmless the Company, its directors, officers, agents and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, officers, agents and or employees of such controlling Persons, and the respective successors, assigns, estate and personal representatives of each of the foregoing, to the fullest extent permitted by applicable law, from and against any and all Losses (as determined by a court of competent jurisdiction in a final judgment not subject to appeal or review)Losses, as incurred, arising solely out of or based solely upon relating to any untrue or alleged untrue statement of a material fact contained in the Registration Statement, any Prospectus, as supplemented or any form of prospectusamended, if applicable, or arising solely out of or based solely upon relating to any omission or alleged omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto, in the light of the circumstances under which they were made) not misleading, to the extent, but only to the extent, extent that (i) such untrue statement or omission is contained in or omitted from any information so furnished in writing by such the Holder or other Indemnifying Party the Special Counsel to the Company specifically for inclusion in the Registration Statement or such Prospectus, and (ii) such information was reasonably relied upon by the Company for use in the Registration Statement, such Prospectus or such form of prospectus. Notwithstanding anything to the contrary contained herein, each Holder shall be liable under this Section 5(b6(b) for only that amount as does not exceed the net gross proceeds to such Holder as a result of the sale of Registrable Securities pursuant to such Registration Statement.
Appears in 1 contract
Sources: Registration Rights Agreement (API Technologies Corp.)
Indemnification by Holders. Each Holder shall, severally and not jointly, indemnify and hold harmless the Company, its directors, officers, agents and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, officers, agents and or employees of such controlling Persons, to the fullest extent permitted by applicable law, from and against all Losses (as determined by a court of competent jurisdiction in a final judgment not subject to appeal or review), as incurred, ) arising solely out of or based solely upon any untrue statement of a material fact contained in the any Registration Statement, any Prospectus, or any form of prospectus, or in any amendment or supplement thereto, or arising solely out of or based solely upon any omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto, in the light of the circumstances under which they were made) not misleading, misleading to the extent, but only to the extent, that such untrue statement or omission is contained in any information so furnished in writing by such Holder or other Indemnifying Party to the Company specifically for inclusion in the such Registration Statement or such Prospectus. Notwithstanding anything Prospectus or to the contrary contained herein, each Holder shall be liable under this Section 5(bextent that (1) for only that amount as does not exceed the net proceeds to such untrue statements or omissions are based solely upon information regarding such Holder as a result of furnished in writing to the sale of Registrable Securities pursuant to Company by such Registration Statement.Holder expressly
Appears in 1 contract
Sources: Registration Rights Agreement (Jaws Technologies Inc /Ny)
Indemnification by Holders. Each Holder shall, severally and not jointly, indemnify and hold harmless the Company, its directors, officers, agents and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, officers, agents and employees of such controlling Persons, to the fullest extent permitted by applicable law, from and against all Losses (as determined by a court of competent jurisdiction in a final judgment not subject to appeal or review)Losses, as incurred, arising solely out of or based solely upon (i) any breach of this Agreement by such Holder and (ii) any untrue statement of a material fact contained in the Registration Statement, any Prospectus, or any form of prospectus, or in any amendment or supplement thereto, or arising solely out of or based solely upon any omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto, in the 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 so furnished in writing by such Holder or other Indemnifying Party to the Company specifically for inclusion in the Registration Statement or such Prospectus. Notwithstanding anything to the contrary contained herein, each Holder shall be liable under this Section 5(b6(b) for only that amount as does not exceed the net proceeds to such Holder as a result of the sale of Registrable Securities pursuant to such Registration Statement.
Appears in 1 contract
Sources: Registration Rights Agreement (Aegean Earth & Marine CORP)
Indemnification by Holders. Each Holder shall, severally and not jointly, indemnify and hold harmless the Company, its the directors, officers, agents and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, officers, agents and or employees of such controlling Persons, to the fullest extent permitted by applicable law, from and against all Losses (as determined by a court of competent jurisdiction in a final judgment not subject to appeal or review), as incurred, arising solely out of or based solely upon any untrue statement of a material fact contained in the Registration Statement, any Prospectus, or any form of prospectus, or arising solely out of or based solely upon any omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto, in the 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 so furnished in writing by such Holder or other Indemnifying Party to the Company specifically for inclusion in the Registration Statement or such Prospectus. Notwithstanding anything Prospectus and that such information was reasonably relied upon by the Company for use in the Registration Statement, such Prospectus or such form of prospectus or to the contrary contained herein, each Holder shall be liable under this Section 5(b) for only extent that amount as does not exceed the net proceeds such information relates to such Holder as a result or such Holder's proposed method of the sale distribution of Registrable Securities pursuant to and was reviewed and expressly approved in writing by such Holder expressly for use in the Registration Statement, such Prospectus or such form of Prospectus.
Appears in 1 contract
Indemnification by Holders. Each Holder shall, severally and not jointly, indemnify and hold harmless the Company, its directors, officers, agents and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities 1933 Act and Section 20 of the Exchange 1934 Act), and the directors, officers, agents and employees of such controlling Persons, to the fullest extent permitted by applicable law, from and against all Losses (as determined by a court of competent jurisdiction in a final judgment not subject to appeal or review), as incurred, arising solely out of or based solely upon any untrue statement of a material fact contained in the Registration Statement, any Prospectus, or any form of prospectus, or arising solely out of or based solely upon any omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto, in the 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 so furnished in writing by such Holder or other Indemnifying Indemnified Party to the Company specifically for inclusion in the Registration Statement or such Prospectus. Notwithstanding anything to the contrary contained herein, each Holder shall be liable under this Section 5(b) for only that amount as does not exceed the net proceeds to such Holder as a result of the sale of Registrable Securities Shares pursuant to such Registration Statement.
Appears in 1 contract
Sources: Registration Rights Agreement (Bancshares of Florida Inc)
Indemnification by Holders. Each Holder shall, severally and not jointly, indemnify and hold harmless the Company, its the directors, officers, agents and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, officers, agents and or employees of such controlling Persons, to the fullest extent permitted by applicable law, from and against all Losses (as determined by a court of competent jurisdiction in a final judgment not subject to appeal or review), as incurred, arising solely out of or based solely upon any untrue statement of a material fact contained in the Registration Statement, any Prospectus, or any form of prospectus, or arising solely out of or based solely upon any omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto, in the 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 so furnished in writing by such Holder or other Indemnifying Indemnified Party to the Company specifically for inclusion in the Registration Statement or such Prospectus. Notwithstanding anything to the contrary contained herein, each Holder the Holders shall be liable under this Section 5(b) for only that amount as does not exceed the net proceeds to such Holder as a result of the sale of Registrable Securities pursuant to such Registration Statement.
Appears in 1 contract
Sources: Registration Rights Agreement (Wire One Technologies Inc)
Indemnification by Holders. Each Holder shall, severally and not jointly, indemnify and hold harmless the Company, its directors, officers, agents and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, officers, agents and employees of such controlling Persons, to the fullest extent permitted by applicable law, from and against all Losses (as Losses(as determined by a court of competent jurisdiction in a final judgment not subject to appeal or review), as incurred, arising solely out of or based solely upon any untrue statement of a material fact contained in the Registration Statement, any Prospectus, or any form of prospectus, or in any amendment or supplement thereto, or arising solely out of or based solely upon any omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto, in the 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 so furnished in writing by such Holder or other Indemnifying Party to the Company specifically for inclusion in the Registration Statement or such Prospectus. Notwithstanding anything to the contrary contained herein, each Holder shall be liable under this Section 5(b) for only that amount as does not exceed the net proceeds to such Holder as a result of the sale of Registrable Securities pursuant to such Registration Statement.
Appears in 1 contract
Sources: Registration Rights Agreement (Bluephoenix Solutions LTD)
Indemnification by Holders. Each Holder shall, severally and not jointly, indemnify and hold harmless the Company, its the directors, officers, agents and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, officers, agents and or employees of such controlling Persons, to the fullest extent permitted by applicable law, from and against all Losses (as determined by a court of competent jurisdiction in a final judgment not subject to appeal or review), as incurred, ) arising solely out of or based solely upon any untrue statement of a material fact contained in the any Registration Statement, any Prospectus, or any form of prospectusprospectus covering Registrable Shares, or arising solely out of or based solely upon any omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto, in the light of the circumstances under which they were made) not misleading, misleading to the extent, but only to the extent, that such untrue statement or omission is contained in any information so furnished in writing by such Holder or other Indemnifying Party to the Company specifically for inclusion in the such Registration Statement or such ProspectusProspectus and that such information was reasonably relied upon by the Company for use in such Registration Statement, such Prospectus or such form of prospectus. Notwithstanding anything to In no event shall the contrary contained herein, each liability of any selling Holder shall hereunder be liable under this Section 5(b) for only that greater in amount as does not exceed than the dollar amount of the net proceeds to received by such Holder as a result of upon the sale of the Registrable Securities pursuant giving rise to such Registration Statementindemnification obligation.
Appears in 1 contract
Indemnification by Holders. Each Holder shall, severally and not jointly, indemnify and hold harmless the CompanyGroup, its directors, officers, agents and employees, each Person who controls the Company Group (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, officers, agents and employees of such controlling Persons, to the fullest extent permitted by applicable law, from and against all Losses (as determined by a court of competent jurisdiction in a final judgment not subject to appeal or review)Losses, as incurred, arising solely out of or based solely upon any untrue statement of a material fact contained in the Registration Statement, any Prospectus, or any form of prospectus, or in any amendment or supplement thereto, or arising solely out of or based solely upon any omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto, in the 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 so furnished in writing by such Holder or other Indemnifying Party to the Company Group specifically for inclusion in the Registration Statement or such Prospectus. Notwithstanding anything to the contrary contained hereinin this Annex A, each Holder shall be liable under this Section 5(b) for only that amount as does not exceed the net proceeds to such Holder as a result of the sale of Registrable Securities pursuant to such Registration Statement.
Appears in 1 contract
Indemnification by Holders. Each Holder shall, severally and not jointly, indemnify and hold harmless the Company, its directors, officers, agents and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, officers, agents and employees of such controlling Persons, to the fullest extent permitted by applicable law, from and against all Losses (as determined by a court of competent jurisdiction in a final judgment not subject to appeal or review), as incurred, arising solely out of or based solely upon any untrue statement of a material fact contained in the Registration Statement, any Prospectus, or any form of prospectus, or arising solely out of or based solely upon any omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto, in the 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 so furnished in writing by such Holder or other Indemnifying Party to the Company specifically for inclusion in the Registration Statement or such Prospectus. Notwithstanding anything to the contrary contained herein, each Holder the Holders shall be liable under this Section 5(b) for only that amount as does not exceed the lesser of (i) the dollar amount of the net proceeds to received by such Holder as a result of upon the sale of the Registrable Securities giving rise to such indemnification obligation and (ii) the aggregate purchase price paid by the Holder for the Shares pursuant to such Registration Statementthe Debenture Agreement.
Appears in 1 contract
Sources: Registration Rights Agreement (Reclamation Consulting & Applications Inc)
Indemnification by Holders. Each In connection with any registration -------------------------- statement in which a Holder shallis participating, severally each such Holder will furnish to the Company in writing such information with respect to such Holder as the Company reasonably requests for use in connection with any such registration statement or prospectus and not jointlyagrees to indemnify, indemnify and hold harmless to the extent permitted by law, the Company, its directors, officers, agents directors and employees, officers and each Person who controls the Company (within the meaning of Section 15 of the Securities Act ▇▇▇▇ ▇▇▇) against any losses, claims, damages, liabilities and Section 20 of the Exchange Act), and the directors, officers, agents and employees of such controlling Persons, to the fullest extent permitted by applicable law, expenses resulting from and against all Losses (as determined by a court of competent jurisdiction in a final judgment not subject to appeal any untrue or review), as incurred, arising solely out of or based solely upon any alleged untrue statement of a material fact contained in the Registration Statement, any Prospectus, 9 - or any form of prospectus, omission or arising solely out of or based solely upon any alleged omission of a material fact required to be stated therein in the registration statement, prospectus or preliminary prospectus or any amendment thereof or supplement thereto or necessary to make the statements therein (in the case of any Prospectus or form of a prospectus or supplement theretopreliminary prospectus, in the 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 with respect to such Holder so furnished in writing by such Holder or other Indemnifying Party to the Company specifically for inclusion in the Registration Statement or such ProspectusHolder. Notwithstanding anything to the contrary contained hereinforegoing, the liability of each such Holder shall be liable under this Section 5(b8(b) for only that shall be limited to an amount as does not exceed equal to the net proceeds to such Holder as a result initial public offering price of the sale Registrable Stock sold by such Holder, unless such liability arises out of Registrable Securities pursuant to or is based on willful misconduct of such Registration StatementHolder.
Appears in 1 contract
Sources: Registration Rights Agreement (New World Coffee Inc)
Indemnification by Holders. Each Holder shall, severally and not jointly, indemnify and hold harmless the Company, its directors, officers, agents and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, officers, agents and or employees of such controlling Persons, and the respective successors, assigns, estate and personal representatives of each of the foregoing, to the fullest extent permitted by applicable law, from and against any and all Losses (as determined by a court of competent jurisdiction in a final judgment not subject to appeal or review)Losses, as incurred, arising solely out of or based solely upon relating to any untrue or alleged untrue statement of a material fact contained in the Registration Statement, any Prospectus, as supplemented or any form of prospectusamended, if applicable, or arising solely out of or based solely upon relating to any omission or alleged omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto, in the light of the circumstances under which they were made) not misleading, to the extent, but only to the extent, extent that (i) such untrue statement or omission is contained in or omitted from any information so furnished in writing by such the Holder or other Indemnifying Party to the Company specifically for inclusion in the Registration Statement or such Prospectus, and (ii) such information was reasonably relied upon by the Company for use in the Registration Statement, such Prospectus or such form of prospectus. Notwithstanding anything to the contrary contained herein, each Holder shall be liable under this Section 5(b6(b) for only that amount as does not exceed the net gross proceeds to such Holder as a result of the sale of Registrable Securities pursuant to such Registration Statement.
Appears in 1 contract
Sources: Registration Rights Agreement (BlueLinx Holdings Inc.)
Indemnification by Holders. Each Holder shall, severally and not jointly, indemnify and hold harmless the Company, its directors, officers, agents and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, officers, agents and or employees of such controlling Persons, to the fullest extent permitted by applicable law, from and against all Losses (as determined by a court of competent jurisdiction in a final judgment not subject to appeal or review), as incurred, ) arising solely out of or based solely upon any untrue statement of a material fact contained in the any Registration Statement, any Prospectus, or any form of prospectus, or in any amendment or supplement thereto, or arising solely out of or based solely upon any omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto, in the light of the circumstances under which they were made) not misleading, misleading to the extent, but only to the extent, that such untrue statement or omission is contained in any information so furnished in writing by such Holder or other Indemnifying Party to the Company specifically for inclusion in the such Registration Statement or such Prospectus. Notwithstanding anything Prospectus or to the contrary contained hereinextent that (1) such untrue statements or omissions are based solely upon information regarding such Holder furnished in writing to the Company by such Holder expressly for use therein, each Holder shall be liable under this Section 5(b) for only or to the extent that amount as does not exceed the net proceeds such information relates to such Holder as a result or such Holder's proposed method of the sale distribution of Registrable Securities pursuant to and was reviewed and expressly approved in writing by such Holder expressly for use in the Registration Statement., such Prospectus or such form of Prospectus or in any amendment or supplement thereto or (2) in the case of an occurrence of an event of the type
Appears in 1 contract
Sources: Registration Rights Agreement (I Stat Corporation /De/)
Indemnification by Holders. Each Holder shall, severally and not jointly, indemnify and hold harmless the Company, its directors, officers, agents and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, officers, agents and employees of such controlling Persons, to the fullest extent permitted by applicable law, from and against all Losses (as determined by a court of competent jurisdiction in a final judgment not subject to appeal or review), as incurred, arising solely out of or based solely upon upon: (x) such Holder’s failure to comply with the prospectus delivery requirements of the Securities Act or (y) any untrue statement of a material fact contained in the Registration Statement, any Prospectus, or any form of prospectus, or arising solely out of or based solely upon any omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto, in the 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 so furnished in writing by such Holder or other Indemnifying Party to the Company specifically for inclusion in the Registration Statement or such Prospectus. Notwithstanding anything to the contrary contained herein, each Holder shall be liable under this Section 5(b6(b) for only that amount as does not exceed the net proceeds to such Holder as a result of the sale of Registrable Securities pursuant to such Registration Statement.
Appears in 1 contract
Indemnification by Holders. Each In connection with any registration statement in which a Holder shallis participating, severally each such Holder will furnish to the Company in writing such information with respect to such Holder as the Company reasonably requests for use in connection with any such registration statement or prospectus and not jointlyagrees to indemnify, indemnify and hold harmless to the extent permitted by law, the Company, its directors, officers, agents directors and employees, officers and each Person who controls the Company (within the meaning of Section 15 of the Securities Act ▇▇▇▇ ▇▇▇) against any losses, claims, damages, liabilities and Section 20 of the Exchange Act), and the directors, officers, agents and employees of such controlling Persons, to the fullest extent permitted by applicable law, expenses resulting from and against all Losses (as determined by a court of competent jurisdiction in a final judgment not subject to appeal any untrue or review), as incurred, arising solely out of or based solely upon any alleged untrue statement of a material fact contained in the Registration Statement, any Prospectus, or any form of prospectus, omission or arising solely out of or based solely upon any alleged omission of a material fact required to be stated therein in the registration statement, prospectus or preliminary prospectus or any amendment thereof or supplement thereto or necessary to make the statements therein (in the case of any Prospectus or form of a prospectus or supplement theretopreliminary prospectus, in the 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 with respect to such Holder so furnished in writing by such Holder or other Indemnifying Party to the Company specifically for inclusion in the Registration Statement or such ProspectusHolder. Notwithstanding anything to the contrary contained hereinforegoing, the liability of each such Holder shall be liable under this Section 5(b8(b) for only that shall be limited to an amount as does not exceed equal to the net proceeds to such Holder as a result initial public offering price of the sale Registrable Stock sold by such Holder, unless such liability arises out of Registrable Securities pursuant to or is based on willful misconduct of such Registration StatementHolder.
Appears in 1 contract
Sources: Registration Rights Agreement (Wattage Monitor Inc)
Indemnification by Holders. Each Holder shall, severally and not jointly, indemnify and hold harmless the Company, its the directors, officers, agents and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, officers, agents and or employees of such controlling Persons, and the respective successors, assigns, estate and personal representatives of each of the foregoing, to the fullest extent permitted by applicable law, from and against all Losses (as determined by a court of competent jurisdiction in a final judgment not subject to appeal or review)Losses, as incurred, arising solely out of or based solely upon any untrue statement of a material fact contained in the Registration Statement, any Prospectus, or any form of prospectus or in any amendment or supplement thereto or in any preliminary prospectus, or arising solely out of or based solely upon any omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto, in the 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 or omitted from any information so furnished in writing by such Holder or other Indemnifying Party to the Company specifically for inclusion in the Registration Statement or such Prospectus. Notwithstanding anything to Prospectus and that such information was reasonably relied upon by the contrary contained herein, each Holder shall be liable under this Section 5(b) Company for only that amount as does not exceed use in the net proceeds to such Holder as a result of the sale of Registrable Securities pursuant to such Registration Statement, such Prospectus or such form of prospectus.
Appears in 1 contract
Sources: Registration Rights Agreement (Silverstar Holdings LTD)
Indemnification by Holders. Each In connection with any registration statement in which a Holder shallis participating, severally each such Holder will furnish to the Company in writing such information with respect to such Holder as the Company reasonably requests for use in connection with any such registration statement or prospectus and not jointlyagrees to indemnify, indemnify and hold harmless to the extent permitted by law, the Company, its directors, officers, agents directors and employees, officers and each Person who controls the Company (within the meaning of Section 15 of the Securities Act 1933 Act) against any losses, claims, damages, liabilities and Section 20 of the Exchange Act), and the directors, officers, agents and employees of such controlling Persons, to the fullest extent permitted by applicable law, expe▇▇▇▇ ▇▇sulting from and against all Losses (as determined by a court of competent jurisdiction in a final judgment not subject to appeal any untrue or review), as incurred, arising solely out of or based solely upon any alleged untrue statement of a material fact contained in the Registration Statement, any Prospectus, or any form of prospectus, omission or arising solely out of or based solely upon any alleged omission of a material fact required to be stated therein in the registration statement, prospectus or preliminary prospectus or any amendment thereof or supplement thereto or necessary to make the statements therein (in the case of any Prospectus or form of a prospectus or supplement theretopreliminary prospectus, in the 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 with respect to such Holder so furnished in writing by such Holder or other Indemnifying Party to the Company specifically for inclusion in the Registration Statement or such ProspectusHolder. Notwithstanding anything to the contrary contained hereinforegoing, the liability of each such Holder shall be liable under this Section 5(b7(b) for only that shall be limited to an amount as does not exceed equal to the net proceeds to such Holder as a result initial public offering price of the sale Registrable Stock sold by such Holder, unless such liability arises out of Registrable Securities pursuant to or is based on willful misconduct of such Registration StatementHolder.
Appears in 1 contract
Sources: Registration Rights Agreement (WPG Corporate Development Associates Iv L P Et Al)
Indemnification by Holders. Each Holder shall, severally and not jointly, indemnify and hold harmless the Company, its directors, officers, agents and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, officers, agents and employees of such controlling Persons, to the fullest extent permitted by applicable law, from and against all Losses (as determined by a court of competent jurisdiction in a final judgment not subject to appeal or review), as incurred, arising solely out of or based solely upon any untrue statement of a material fact contained in the Registration Statement, any Prospectus, or any form of prospectus, or arising solely out of or based solely upon any omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto, in the 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 so furnished in writing by such Holder or other Indemnifying Party to the Company specifically for inclusion in the Registration Statement or such Prospectus. Notwithstanding anything to the contrary contained herein, each Holder shall be liable under this Section 5(b) for only that amount as does not exceed the net proceeds to such Holder as a result of the sale of Registrable Securities pursuant to such Registration Statement.
Appears in 1 contract
Indemnification by Holders. Each Holder shall, severally and not jointly, indemnify and hold harmless the Company, its the directors, officers, agents and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, officers, agents and or employees of such controlling Persons, to the fullest extent permitted by applicable law, from and against all Losses (as determined by a court of competent jurisdiction in a final judgment not subject to appeal or review)Losses, as incurred, arising solely out of or based solely upon any untrue statement of a material fact contained in the Registration Statement, any Prospectus, or any form of prospectus, or arising solely out of or based solely upon any omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto, in the light of the circumstances under which they were made) not nor misleading, to the extent, but only to the extent, that such untrue statement or omission is contained in any information so furnished in writing by such Holder or other Indemnifying Party to the Company specifically for inclusion in the Registration Statement or such Prospectus and that such information was reasonably relied upon by the Company for use in the Registration Statement, such Prospectus or such form of prospectus or tot he extent that such information related to such Holder or such Holder's proposed method of distribution of Registrable Securities and was reviewed and expressly approved in writing by such Holder expressly for use in the Registration Statement, such Prospectus or such form of Prospectus. Notwithstanding anything to the contrary contained herein, each ; PROVIDED in no event shall any indemnity by any Holder shall be liable under this Section 5(b) for only that amount as does not Agreement exceed the net proceeds to received by such Holder as a result of the sale of Registrable Securities pursuant to in such Registration Statementregistration.
Appears in 1 contract
Indemnification by Holders. Each Holder shall, severally and not jointly, indemnify and hold harmless the Company, its the directors, officers, agents and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and or Section 20 of the Exchange Act), and the directors, officers, agents and or employees of such controlling Persons, to the fullest extent permitted by applicable law, from and against all Losses (as determined by a court of competent jurisdiction in a final judgment not subject to appeal or review)Losses, as incurred, arising solely out of or based solely upon any untrue statement of a material fact contained in the Registration Statement, any Prospectus, or any form Form of prospectus, or arising solely out of or based solely upon any omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form Form of prospectus or supplement thereto, in the 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 so furnished in writing by such Holder or other Indemnifying Party to the Company specifically for inclusion in the Registration Statement or such ProspectusProspectus and that such information was reasonably relied upon by the Company for use in the Registration Statement, such Prospectus or such Form of prospectus. Notwithstanding anything to the contrary contained herein, each a Holder shall be liable under this Section 5(b) for only that amount as does not exceed the net proceeds to such Holder as a result of the sale of Registrable Securities pursuant to such Registration Statement.
Appears in 1 contract
Sources: Registration Rights Agreement (Communication Intelligence Corp)
Indemnification by Holders. Each Holder shall, severally and not jointly, indemnify and hold harmless the Company, its directors, officers, agents and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, officers, agents and employees of such controlling Persons, to the fullest extent permitted by applicable law, from and against all Losses (as determined by a court of competent jurisdiction in a final judgment not subject to appeal or review)Losses, as incurred, arising solely out of or based solely upon (i) any breach of this Agreement by such Holder and (ii) any untrue statement of a material fact contained in the Registration Statement, any Prospectus, or any form of prospectus, or in any amendment or supplement thereto, or arising solely out of or based solely upon any omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto, in the 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 so furnished in writing by such Holder or other Indemnifying Party to the Company specifically for inclusion in the Registration Statement or such Prospectus. Notwithstanding anything to the contrary contained herein, each Holder shall be liable under this Section 5(bSECTION 5(B) for only that amount as does not exceed the net proceeds to such Holder as a result of the sale of Registrable Securities pursuant to such Registration Statement.
Appears in 1 contract
Indemnification by Holders. Each Holder shall, severally and not jointly, indemnify and hold harmless the Company, its directors, officers, agents and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, officers, agents and employees of such controlling Persons, to the fullest extent permitted by applicable law, from and against all Losses (as determined by a court of competent jurisdiction in a final judgment not subject to appeal or review)Losses, as incurred, arising solely out of or based solely upon (i) any breach of this Agreement by such Holder and (ii) any untrue statement of a material fact contained in the Registration Statement, any Prospectus, or any form of prospectus, or in any amendment or supplement thereto, or arising solely out of or based solely upon any omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto, in the 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 so furnished in writing by such Holder or other Indemnifying Party to the Company specifically for inclusion in the Registration Statement or such Prospectus. Notwithstanding anything to the contrary contained herein, each Holder R-170996.1 shall be liable under this Section 5(b) for only that amount as does not exceed the net proceeds to such Holder as a result of the sale of Registrable Securities pursuant to such Registration Statement.
Appears in 1 contract
Sources: Registration Rights Agreement (Vertical Branding, Inc.)
Indemnification by Holders. Each Holder shall, notwithstanding any termination of this Agreement, severally and not jointly, indemnify and hold harmless the Company, its directors, officers, agents and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, officers, agents and agents, partners, members, stockholders or employees of such controlling Persons, to the fullest extent permitted by applicable law, from and against all Losses (as determined by a court of competent jurisdiction in a final judgment not subject to appeal or review)Losses, as incurred, arising solely out of or based solely upon any untrue statement of a material fact contained in the any Registration Statement, any Prospectus, or any form of prospectus, or in any amendment or supplement thereto, or arising solely out of or based solely upon any omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus Prospectus, or any form of prospectus or supplement thereto, in the light of the circumstances under which they were made) not misleading, misleading to the extent, but only to the extentextent that, that such untrue statement statements or omission is contained in any omissions are based solely upon information so regarding such Holder furnished in writing to the Company by such Holder or other Indemnifying Party to expressly for use therein. In no event shall the Company specifically for inclusion liability of any selling Holder hereunder be greater in amount than the Registration Statement or such Prospectus. Notwithstanding anything to the contrary contained herein, each Holder shall be liable under this Section 5(b) for only that dollar amount as does not exceed of the net proceeds to received by such Holder as a result of upon the sale of the Registrable Securities pursuant giving rise to such Registration Statementindemnification obligation.
Appears in 1 contract
Indemnification by Holders. Each In connection with any registration statement in which a Holder shallis participating, each such Holder shall furnish to the Company in writing such information and affidavits with respect to such Holder as the Company reasonably requests for use in connection with any such registration statement or prospectus and agrees to indemnify, severally and not jointly, indemnify and hold harmless to the fullest extent permitted by law, the Company, its directors, officers, directors and agents and employeeseach Person, each Person if any, who controls the Company (within the meaning of Section 15 of the Securities Act Act) against any and Section 20 of the Exchange Act)all losses, claims, damages, liabilities and the directors, officers, agents and employees of such controlling Persons, to the fullest extent permitted by applicable law, expenses resulting from and against all Losses (as determined by a court of competent jurisdiction in a final judgment not subject to appeal any untrue or review), as incurred, arising solely out of or based solely upon any alleged untrue statement of a material fact contained in the Registration Statement, any Prospectus, or any form of prospectus, omission or arising solely out of or based solely upon any alleged omission of a material fact required to be stated therein in any registration statement, prospectus or preliminary prospectus or any amendment thereof or supplement thereto or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement theretoa prospectus, in the light of the circumstances under which they were made) not misleading, to the extent, but only to the extent, that such untrue or alleged untrue statement or omission is contained in or improperly omitted from, as the case may be, any information or affidavit with respect to such Holder so furnished in writing by such Holder. Each Holder or other Indemnifying Party also shall indemnify any underwriters of the Registrable Securities, their officers and directors and each Person who controls such underwriters (within the meaning of the Securities Act) to the Company specifically for inclusion in the Registration Statement or such Prospectus. Notwithstanding anything same extent as provided above with respect to the contrary contained herein, each Holder shall be liable under this Section 5(b) for only that amount as does not exceed the net proceeds to such Holder as a result indemnification of the sale of Registrable Securities pursuant to such Registration StatementCompany.
Appears in 1 contract
Indemnification by Holders. Each The Holder shall, severally and not jointly, indemnify and hold harmless the Company, its directors, officers, agents and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, officers, agents and employees of such controlling Persons, to the fullest extent permitted by applicable law, from and against all Losses (as determined by a court of competent jurisdiction in a final judgment not subject to appeal or review)Losses, as incurred, arising solely out of or based solely upon any untrue statement of a material fact contained in the Registration Statement, any Prospectus, or any form of prospectus, or in any amendment or supplement thereto, or arising solely out of or based solely upon any omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto, in the 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 so furnished in writing by such Holder or other Indemnifying Party to the Company specifically for inclusion in the Registration Statement or such Prospectus. Notwithstanding anything to the contrary contained herein, each the Holder shall be liable under this Section 5(b6(b) only for only the lesser of (a) the actual damages incurred or (b) that amount as does not exceed the net gross proceeds to such Holder as a result of the sale of his/her/its Registrable Securities pursuant to such Registration Statement.
Appears in 1 contract
Sources: Registration Rights Agreement (Gulfstream International Group Inc)
Indemnification by Holders. Each Holder shallwill, severally and not jointly, indemnify and hold harmless harmless, to the full extent permitted by law, the Company, its directors, officers, agents directors and employees, officers and each Person who controls the Company (within the meaning of Section 15 of the Securities Act) against any losses, claims, damages, liabilities (or actions in respect thereto) and expenses to which any such Person may be subject, under the Securities Act and Section 20 of the Exchange Act)or otherwise, and the directorsinsofar as such losses, officersclaims, agents and employees of such controlling Persons, to the fullest extent permitted by applicable law, from and against all Losses (as determined by a court of competent jurisdiction in a final judgment not subject to appeal damages or review), as incurred, arising solely liabilities arise out of or are based solely upon any untrue or alleged untrue statement of a material fact contained in the a Registration Statement, any Prospectus, Statement or Prospectus or preliminary prospectus or any form of prospectus, omission or arising solely out of or based solely upon any alleged omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto, in the light of the circumstances under which they were made) not misleading, to the extent, but only if and to the extent, that such untrue or alleged untrue statement or omission or alleged omission is contained made therein in any reliance upon and in conformity with the information furnished in writing by such Holder specifically for inclusion therein. In no event shall the liability of a Holder hereunder be greater in amount than the dollar amount of the proceeds received by such Holder upon the sale of the Registrable Securities 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 so furnished in writing by such Holder or other Indemnifying Party to the Company specifically for inclusion in the Registration Statement or such Prospectus. Notwithstanding anything to the contrary contained herein, each Holder shall be liable under this Section 5(b) for only that amount as does not exceed the net proceeds to such Holder as a result of the sale of Registrable Securities pursuant to such Registration StatementPersons.
Appears in 1 contract
Sources: Registration Rights Agreement (Opticare Health Systems Inc)
Indemnification by Holders. Each In connection with any registration statement in which a Holder shallis participating, severally each such Holder will furnish to the Company in writing such information with respect to such Holder as the Company reasonably requests for use in connection with any such registration statement or prospectus and not jointlyagrees to indemnify, indemnify and hold harmless to the extent permitted by law, the Company, its directors, officers, agents directors and employees, officers and each Person who controls the Company (within the meaning of Section 15 of the Securities Act 1933 Act) against any losses, claims, damages, liabilities and Section 20 of the Exchange Act), and the directors, officers, agents and employees of such controlling Persons, to the fullest extent permitted by applicable law, ▇▇▇▇▇▇▇s resulting from and against all Losses (as determined by a court of competent jurisdiction in a final judgment not subject to appeal any untrue or review), as incurred, arising solely out of or based solely upon any alleged untrue statement of a material fact contained in the Registration Statement, any Prospectus, or any form of prospectus, omission or arising solely out of or based solely upon any alleged omission of a material fact required to be stated therein in the registration statement, prospectus or preliminary prospectus or any amendment thereof or supplement thereto or necessary to make the statements therein (in the case of any Prospectus or form of a prospectus or supplement theretopreliminary prospectus, in the 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 with respect to such Holder so furnished in writing by such Holder or other Indemnifying Party to the Company specifically for inclusion in the Registration Statement or such ProspectusHolder. Notwithstanding anything to the contrary contained hereinforegoing, the liability of each such Holder shall be liable under this Section 5(b7(b) for only that shall be limited to an amount as does not exceed equal to the net proceeds to such Holder as a result initial public offering price of the sale Registrable Stock sold by such Holder, unless such liability arises out of Registrable Securities pursuant to or is based on willful misconduct of such Registration StatementHolder.
Appears in 1 contract
Sources: Registration Rights Agreement (Applied Voice Recognition Inc /De/)
Indemnification by Holders. Each In connection with any registration statement in which a Holder shallis participating, severally each such Holder will furnish to the Company in writing such information with respect to such Holder as the Company reasonably requests for use in connection with any such registration statement or prospectus and not jointlyagrees to indemnify, indemnify and hold harmless to the extent permitted by law, the Company, its directors, officers, agents directors and employees, officers and each Person who controls the Company (within the meaning of Section 15 of the Securities Act 1933 ▇▇▇) ▇▇ainst any losses, claims, damages, liabilities and Section 20 of the Exchange Act), and the directors, officers, agents and employees of such controlling Persons, to the fullest extent permitted by applicable law, expenses resulting from and against all Losses (as determined by a court of competent jurisdiction in a final judgment not subject to appeal any untrue or review), as incurred, arising solely out of or based solely upon any alleged untrue statement of a material fact contained in the Registration Statement, any Prospectus, or any form of prospectus, or arising solely out of or based solely upon any omission alleged omission of a material fact required to be stated therein in the registration statement, prospectus or preliminary prospectus of any amendment thereof or supplement thereto or necessary to make the statements therein (in the case of any Prospectus or form of a prospectus or supplement theretopreliminary prospectus, in the 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 with respect to such Holder so furnished in writing by such Holder or other Indemnifying Party to the Company specifically for inclusion in the Registration Statement or such ProspectusHolder. Notwithstanding anything to the contrary contained hereinforegoing, the liability of each such Holder shall be liable under this Section 5(b7(b) for only that shall be limited to any amount as does not exceed equal to the net proceeds to such Holder as a result initial public offering price of the sale Registrable Stock sold by such Holder, unless such liability arises out of Registrable Securities pursuant to or is based on willful misconduct of such Registration StatementHolder.
Appears in 1 contract
Indemnification by Holders. Each Holder shallHolder, if Registrable Securities held by it are included in the securities as to which a registration is being effected, agrees to, severally and not jointly, indemnify and hold harmless the Company, its directors, officers, agents and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, officers, agents and employees of such controlling Personsharmless, to the fullest extent permitted by applicable law, from the Company, its directors and officers, and each Person who controls the Company and its Agents against any and all Losses (claims, insofar as determined by a court of competent jurisdiction in a final judgment not subject to appeal or review), as incurred, arising solely such Claims arise out of or are based solely upon any untrue statement or alleged untrue statement of a material fact contained in the any Registration StatementStatement or Prospectus (including any preliminary, final or summary prospectus and any Prospectus, amendment or any form of prospectus, or arising solely out of or based solely upon any omission of a supplement material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto, in the light of the circumstances under which they were made) not misleading, to the extent, but only to the extent, that such untrue statement or alleged untrue statement or omission is contained or alleged omission was made in any reliance upon and in conformity with written information so furnished to the Company in writing an instrument duly executed by such Holder or other Indemnifying Party to specifically stating that it was expressly for use therein; provided, however, that the Company specifically for inclusion in the Registration Statement or aggregate amount which any such Prospectus. Notwithstanding anything to the contrary contained herein, each Holder shall be liable under required to pay pursuant to this Section 5(b) for only that 4.2 shall in no event be greater than the amount as does not exceed of the net proceeds to received by such Holder as a result of holder upon the sale of the Registrable Securities pursuant to the Registration Statement giving rise to such Registration StatementClaims less all amounts previously paid by such Holder with respect to any such Claims. Such indemnity shall remain in full force and effect regardless of any investigation made by or on behalf of such indemnified party and shall survive the transfer of such securities by such Holder.
Appears in 1 contract
Sources: Registration Rights Agreement (American Skiing Co /Me)
Indemnification by Holders. Each Holder shall, severally and not jointly, indemnify and hold harmless the Company, its directors, officers, agents and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, officers, agents and employees of such controlling Persons, to the fullest extent permitted by applicable law, from and against all Losses (as determined by a court of competent jurisdiction in a final judgment not subject to appeal or review), as incurred, arising solely out of or based solely upon any untrue statement of a material fact contained in the Registration Statement, any Prospectus, or any form of prospectus, or arising solely out of or based solely upon any omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto, in the 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 so furnished in writing by such Holder or other Indemnifying Party to the Company specifically for inclusion in the Registration Statement or such Prospectus. Notwithstanding anything to the contrary contained herein, each Holder shall be liable under this Section 5(b) for only that amount as does not exceed the net proceeds to such Holder as a result of the sale of Registrable Securities pursuant to such Registration Statement.
Appears in 1 contract
Indemnification by Holders. Each Holder shall, severally and not jointly, indemnify and hold harmless the Company, its directors, officers, agents and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, officers, agents and employees of such controlling Persons, to the fullest extent permitted by applicable law, from and against all Losses (as determined by a court of competent jurisdiction in a final judgment not subject to appeal or review), as incurred, arising solely out of or based solely upon any untrue statement of a material fact contained in the Registration Statement, any Prospectus, or any form of prospectus, or arising solely out of or based solely upon any omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto, in the 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 so furnished in writing by such Holder or other Indemnifying Party to the Company specifically for inclusion in the Registration Statement or such Prospectus. Notwithstanding anything to the contrary contained herein, each Holder shall be liable under this Section 5(b) for only that amount as does not exceed the lesser of (i) the net proceeds to such Holder as a result of the sale of Registrable Securities pursuant to such Registration Statement and (ii) the aggregate purchase price paid by such Holder for the Registrable Securities sold pursuant to such Registration Statement.
Appears in 1 contract
Sources: Registration Rights Agreement (Duska Therapeutics, Inc.)
Indemnification by Holders. Each Holder shall, severally and not jointly, indemnify and hold harmless the Company, its the directors, officers, agents and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, officers, agents and or employees of such controlling Persons, to the fullest extent permitted by applicable law, from and against all Losses (as determined by a court of competent jurisdiction in a final judgment not subject to appeal or review)Losses, as incurred, arising solely out of or based solely upon any untrue statement of a material fact contained in the Registration Statement, any such Prospectus, or any form of prospectusProspectus, or arising solely out of or based solely upon any omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus Prospectus or supplement thereto, in the 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 so furnished in writing by such Holder or other Indemnifying Party to the Company specifically for inclusion in the Registration Statement or such Prospectus. Notwithstanding anything Prospectus and that such information was reasonably relied upon by the Company for use in the Registration Statement, such Prospectus or such form of prospectus or to the contrary contained herein, each Holder shall be liable under this Section 5(b) for only extent that amount as does not exceed the net proceeds such information relates to such Holder as a result or such Holder's proposed method of the sale distribution of Registrable Securities pursuant to and Additional Investor Shares, if any, and was reviewed and expressly approved in writing by such Holder expressly for use in the Registration Statement, such Prospectus or such form of Prospectus.
Appears in 1 contract
Indemnification by Holders. Each Holder shall, severally and not jointly, indemnify and hold harmless the Company, its directors, officers, agents and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, officers, agents and employees of such controlling Persons, to the fullest extent permitted by applicable law, from and against all Losses (as determined by a court of competent jurisdiction in a final judgment not subject to appeal or review), as incurred, arising solely out of or based solely upon upon: (x) such Holder’s failure to comply with the prospectus delivery requirements of the Securities Act or (y) any untrue statement of a material fact contained in the Registration Statement, any Prospectus, or any form of prospectus, or arising solely out of or based solely upon any omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto, in the 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 so furnished in writing by such Holder or other Indemnifying Party to the Company specifically for inclusion in the Registration Statement or such Prospectus. Notwithstanding anything to the contrary contained herein, each no Holder shall be liable under this Section 5(b7(b) for only that amount as does not exceed which exceeds the net gross proceeds to such Holder as a result of the sale of Registrable Securities pursuant to such Registration Statement.
Appears in 1 contract
Indemnification by Holders. Each Holder shall, severally and not jointly, indemnify and hold harmless the Company, Company and its directors, officers, agents and employees, Affiliates (including each Person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act)), and the their respective directors, officers, representatives, agents and employees of such controlling Personsemployees, to the fullest extent permitted by applicable law, from and against all Losses (as determined by a court of competent jurisdiction in a final judgment not subject to appeal or review)Losses, as incurred, arising solely out of or based solely upon any untrue statement of a material fact contained in the Registration Statement, any Prospectus, or any form of prospectus, or in any amendment or supplement thereto, or arising solely out of or based solely upon any omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus or form of prospectus or supplement thereto, in the 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 so furnished in writing by or on behalf of such Holder or other Indemnifying Party to the Company specifically for inclusion in the Registration Statement or such Prospectus. Notwithstanding anything to the contrary contained herein, each Holder shall be liable under this Section 5(b) for only that amount as does not exceed the net proceeds to such Holder as a result of the sale of Registrable Securities pursuant to such Registration Statement.
Appears in 1 contract
Sources: Common Stock and Warrant Purchase Agreement (Bond Laboratories, Inc.)