Common use of Covenants of the Company and Purchaser Regarding Indemnification Clause in Contracts

Covenants of the Company and Purchaser Regarding Indemnification. (a) The Company agrees to indemnify, hold harmless, reimburse and defend the Purchasers, the Purchasers’ officers, directors, agents, Affiliates, counsel, control persons, and principal shareholders, against any claim, cost, expense, liability, obligation, loss or damage (including reasonable legal fees) of any nature, incurred by or imposed upon the Purchaser or any such person which results, arises out of or is based upon (i) any material misrepresentation by Company or breach of any warranty by Company in this Agreement, or other agreement delivered pursuant hereto; or (ii) after any applicable notice and/or cure periods, any breach or default in performance by the Company of any covenant or undertaking to be performed by the Company hereunder, or any other agreement entered into by the Company and Purchaser relating hereto.

Appears in 3 contracts

Samples: Securities Purchase Agreement (Force Protection Inc), Securities Purchase Agreement (Force Protection Inc), Securities Purchase Agreement (Challenger Powerboats, Inc.)

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Covenants of the Company and Purchaser Regarding Indemnification. (a) The Company agrees to indemnify, hold harmless, reimburse and defend the PurchasersPurchaser, the Purchasers’ Purchaser's officers, directors, agents, Affiliates, counselaffiliates, control persons, and principal shareholders, against any claim, cost, expense, liability, obligation, loss or damage (including reasonable legal fees) of any nature, incurred by or imposed upon the Purchaser or any such person which results, arises out of or is based upon (i) any material misrepresentation by Company or breach of any warranty by Company in this AgreementAgreement or in any Schedules attached hereto, or other agreement delivered pursuant hereto; or (ii) after any applicable notice and/or cure periods, any breach or default in performance by the Company of any covenant or undertaking to be performed by the Company hereunder, or any other agreement entered into by the Company and Purchaser relating hereto.

Appears in 3 contracts

Samples: Subscription Agreement (U S Gold Corp), Subscription Agreement (U S Gold Corp), U S Gold Corp

Covenants of the Company and Purchaser Regarding Indemnification. (a) The Company agrees to indemnify, hold harmless, reimburse and defend the PurchasersPurchaser, the Purchasers’ Purchaser’s officers, directors, agents, Affiliates, counsel, control persons, and principal shareholders, against any claim, cost, expense, liability, obligation, loss or damage (including reasonable legal fees) of any nature, incurred by or imposed upon the Purchaser or any such person which results, arises out of or is based upon (i) any material misrepresentation by the Company or breach of any warranty by the Company in this Agreement, or other agreement delivered pursuant hereto; or (ii) after any applicable notice and/or cure periods, any breach or default in performance by the Company of any covenant or undertaking to be performed by the Company hereunder, or any other agreement entered into by the Company and Purchaser relating hereto.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Tootie Pie Company, Inc.), Securities Purchase Agreement (Compumed Inc)

Covenants of the Company and Purchaser Regarding Indemnification. (a) The Company agrees to indemnify, hold harmless, reimburse and defend the Purchasers, the Purchasers' officers, directors, agents, Affiliates, counsel, control persons, and principal shareholders, against any claim, cost, expense, liability, obligation, loss or damage (including reasonable legal fees) of any nature, incurred by or imposed upon the Purchaser or any such person which results, arises out of or is based upon (i) any material misrepresentation by Company or breach of any warranty by Company in this AgreementAgreement or in any Exhibits or Schedules attached hereto, or other agreement delivered pursuant hereto; or (ii) after any applicable notice and/or cure periods, any breach or default in performance by the Company of any covenant or undertaking to be performed by the Company hereunder, or any other agreement entered into by the Company and Purchaser relating hereto.

Appears in 1 contract

Samples: Securities Purchase Agreement (Pathogenics, Inc.)

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Covenants of the Company and Purchaser Regarding Indemnification. (a) The Company agrees to indemnify, hold harmless, reimburse and defend the Purchasers, the Purchasers’ officers, directors, agents, Affiliates, counsel, control persons, and principal shareholders, against any claim, cost, expense, liability, obligation, loss or damage (including reasonable legal fees) of any nature, incurred by or imposed upon the Purchaser or any such person which results, arises out of or is based upon (i) any material misrepresentation by Company or breach of any warranty by Company in this AgreementAgreement or in any Exhibits or Schedules attached hereto, or other agreement delivered pursuant hereto; or (ii) after any applicable notice and/or cure periods, any breach or default in performance by the Company of any covenant or undertaking to be performed by the Company hereunder, or any other agreement entered into by the Company and Purchaser relating hereto; or (iii) any claim filed by Xxxxxxx Xxxxxx, TWL Group, LP or their Affiliates in a court of law directly related to this Agreement.

Appears in 1 contract

Samples: Subscription Agreement (Irvine Sensors Corp/De/)

Covenants of the Company and Purchaser Regarding Indemnification. (a) The Company agrees to indemnify, hold harmless, reimburse and defend the Purchasers, the Purchasers’ officers, directors, agents, Affiliates, counsel, control persons, and principal shareholders, against any claim, cost, expense, liability, obligation, loss or damage (including reasonable legal fees) of any nature, incurred by or imposed upon the Purchaser or any such person which results, arises out of or is based upon (i) any material misrepresentation by Company or breach of any warranty by Company in this AgreementAgreement or in any Exhibits or Schedules attached hereto, or other agreement delivered pursuant hereto; or (ii) after any applicable notice and/or cure periods, any breach or default in performance by the Company of any covenant or undertaking to be performed by the Company hereunder, or any other agreement entered into by the Company and Purchaser relating hereto.

Appears in 1 contract

Samples: Subscription Agreement (Irvine Sensors Corp/De/)

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