Common use of By the Investor Clause in Contracts

By the Investor. To the extent permitted by law, the Investor will, if Registrable Securities held by the Investor are included in the securities as to which such registration qualifications or compliance is being effected, indemnify and hold harmless the Company, each of its directors, each of its officers who has signed the registration statement, each person, if any, who controls the Company within the meaning of the Securities Act, and any underwriter for the Company (collectively, the “Company Indemnified Parties”), against any losses, claims, damages or liabilities (joint or several) to which they may become subject under the Securities Act, the Exchange Act or other United States federal or state law, insofar as such losses, claims, damages or liabilities (or actions in respect thereto) arise out of or are based upon any Violation, in each case to the extent (and only to the extent) that such Violation occurs primarily in reliance upon written information furnished by the Investor expressly for use in connection with such registration; and the Investor will reimburse any legal or other expenses reasonably incurred by each of the Company Indemnified Parties in connection with investigating or defending any such loss, claim, damage, liability or action; provided, however, that the indemnity agreement contained in this Section 2.6(b) shall not apply to amounts paid in settlement of any such loss, claim, damage, liability or action if such settlement is effected without the consent of the Investor, which consent shall not be unreasonably withheld; and provided, further, that in no event shall any indemnity under this Section 2.6(b) exceed the net proceeds received by the Investor in the registered offering out of which the applicable Violation arises.

Appears in 2 contracts

Samples: Investor Rights Agreement (Secoo Holding LTD), Investor Rights Agreement (Qudian Inc.)

AutoNDA by SimpleDocs

By the Investor. To the extent permitted by law, the Investor will, if the Registrable Securities held by the Investor are included in the securities as to which such registration qualifications or compliance is being effected, indemnify and hold harmless the Company, each of its directors, each of its officers who has signed the registration statement, each personPerson, if any, who controls the Company within the meaning of the Securities Act, and Act or any underwriter for the Company (collectively, the “Company Indemnified Parties”)underwriter, against any losses, claims, damages damages, fines, expenses or liabilities (joint or several) to which they the Company or any such director, officer, controlling Person or underwriter may become subject under the Securities Act, the Exchange Act or other United States federal or state law, insofar as such losses, claims, damages damages, fines, expenses or liabilities (or actions in respect thereto) arise out of or are based upon any Violation, in each case to the extent (and only to the extent) that such Violation occurs primarily in reliance upon and in conformity with written information furnished by the Investor to the Company expressly for use in connection with such registration; and the Investor will reimburse any legal or other expenses reasonably incurred by each of the Company Indemnified Parties or any such director, officer, controlling Person or underwriter in connection with investigating or defending any such loss, claim, damage, fines, expense, liability or action; provided, however, that the indemnity agreement contained in this Section 2.6(b) 8.b shall not apply to amounts paid in settlement of any such loss, claim, damage, fines, expense, liability or action and the reimbursement of any legal or other expenses incurred in connection therewith if such settlement is effected without the consent of the Investor, which consent shall not be unreasonably withheld; and provided, further, that in no event shall any indemnity under this Section 2.6(b) 8 exceed the net proceeds received by the Investor in the registered offering out of which the applicable Violation arises.

Appears in 2 contracts

Samples: Convertible Note Purchase Agreement (Alibaba Group Holding LTD), Convertible Note Purchase Agreement (BEST Inc.)

AutoNDA by SimpleDocs

By the Investor. To The Investor agrees to indemnify and hold harmless, to the maximum extent permitted by lawLaw, the Investor will, if Registrable Securities held by the Investor are included in the securities as to which such registration qualifications or compliance is being effected, indemnify and hold harmless the Company, each of its directors and officers, directors, parents, members, managers, employees, advisors, sub-advisors, attorneys, agents and representatives and each of its officers who has signed the registration statement, each person, if any, Person who controls the Company (within the meaning of the Ontario Securities Act, and any underwriter for the Company ) (collectively, the “Company Indemnified Parties”) against all losses (other than indirect or consequential damages, including loss of profit in connection with the distribution of the Common Shares), against any losses, claims, damages actions, damages, liabilities and expenses (including with respect to actions or liabilities (joint proceedings, whether commenced or severalthreatened, and including reasonable attorney fees and expenses) to which they may become subject under the Securities Actcaused by, the Exchange Act or other United States federal or state lawresulting from, insofar as such lossesarising out of, claims, damages or liabilities (or actions in respect thereto) arise out of or are based upon or related to any Violationof the following statements, omissions or violations by the Investor or any of its Representatives acting on its behalf: (i) any untrue or alleged untrue statement of material fact contained in each case any Prospectus or any amendment thereof or supplement thereto, or any omission or alleged omission of a material fact required to be stated therein or necessary to make the statements therein not misleading, but only to the extent (and only to the extent) that such Violation occurs primarily untrue statement or omission is contained in reliance upon written any information furnished in writing by the Investor expressly for use inclusion in such Prospectus; or (ii) any violation or alleged violation by the Investor or its Representatives of the Securities Laws or any rule or regulation promulgated thereunder applicable to the Investor and relating to action or inaction required of the Investor in connection with any such registration; and , qualification or compliance. In addition, the Investor will reimburse such Company Indemnified Party for any legal or any other expenses reasonably incurred by each of the Company Indemnified Parties it in connection with investigating or defending any such losslosses. Notwithstanding the foregoing, claim, damage, liability or action; provided, however, that the indemnity agreement contained in this Section 2.6(b) shall not apply to amounts paid in settlement of any such loss, claim, damage, liability or action if such settlement is effected without the consent of the Investor, which consent shall not be unreasonably withheld; and provided, further, that in no event shall any indemnity under this Section 2.6(b) 4.6(b), inclusive of any reimbursement of expenses payable by the Investor, exceed an amount equal to the net proceeds received by the Investor (after deducting any discounts and commissions) in respect of the registered offering out of which the applicable Violation arisesRegistrable Shares sold pursuant to a Registration.

Appears in 1 contract

Samples: Investor Rights and Strategic Opportunities Agreement

Time is Money Join Law Insider Premium to draft better contracts faster.