Common use of Beneficiaries of Indemnification Clause in Contracts

Beneficiaries of Indemnification. The obligations of the Company under this Section 5.06 shall be in addition to any liability that it may otherwise have and shall extend, upon the same terms and conditions, to each employee, officer, director and partner of each Shareholder or any Subsidiary Holder, each agent of such Shareholder or any Subsidiary Holder, each underwriter of the Shares and each person, if any, who controls such Shareholder or any Subsidiary Holder or any such agent or underwriter within the meaning of the Securities Act; and the obligations of such Shareholder and each Subsidiary Holder and any agents or underwriters contemplated by this Section 5.06 shall be in addition to any liability that such Shareholder or any Subsidiary Holder or their respective agents or underwriters may otherwise have and shall extend, upon the same terms and conditions, to each officer and director of the Company (including any person who, with his consent, is named in any registration statement as about to become a director of the Company) and to each person, if any, who controls the Company within the meaning of the Securities Act.

Appears in 3 contracts

Samples: Shareholders Agreement (Asbury Automotive Group Inc), Form of Shareholders Agreement (Asbury Automotive Group Inc), Form of Shareholders Agreement (Asbury Automotive Group Inc)

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Beneficiaries of Indemnification. The obligations of the Company under this Section 5.06 3.6 shall be in addition to any liability that it may otherwise have and shall extend, upon the same terms and conditions, to each employee, officer, director and partner of each Shareholder the Shareholders or any Subsidiary Holder, each agent of such Shareholder the Shareholders or any Subsidiary Holder, each underwriter of the Shares Registrable Securities and each person, if any, who controls such Shareholder the Shareholders or any Subsidiary Holder or any such agent or underwriter within the meaning of the Securities Act; and the obligations of such Shareholder the Shareholders and each Subsidiary Holder and any agents or underwriters contemplated by this Section 5.06 3.6 shall be in addition to any liability that such Shareholder the Shareholders or any Subsidiary Holder or their respective agents or underwriters may otherwise have and shall extend, upon the same terms and conditions, to each officer and director of the Company (including any person who, with his consent, is named in any registration statement as about to become a director of the Company) and to each person, if any, who controls the Company within the meaning of the Securities Act.

Appears in 2 contracts

Samples: Registration Rights Agreement (Alimera Sciences Inc), Registration Rights Agreement (Alimera Sciences Inc)

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