Common use of Holder Indemnity Clause in Contracts

Holder Indemnity. The Holder shall indemnify and hold harmless the Company, its affiliates, officers, directors, and authorized representatives, any underwriter (as defined in the Securities Act) and each person, if any, who controls the Company or the underwriter (within the meaning of the Securities Act or the Exchange Act), against any losses, claims, damages, or liabilities (joint or several) to which they may become subject under the Securities Act, the Exchange Act or any state securities law, and the Company shall reimburse each such Holder, affiliate, officer or director or partner, underwriter or controlling person for any legal or other expenses incurred by them in connection with investigating or defending any such loss, claim, damage, liability or action; insofar as such losses, claims, damages or liabilities (or actions and respect thereof) arise out of or are based upon any untrue statements or untrue information provided by such Holder to the Company in connection with the offer or sale of Registrable Securities.

Appears in 3 contracts

Samples: Registration Rights Agreement (Santa Fe Gold CORP), Registration Rights Agreement (Financial Intranet Inc/Ny), Registration Rights Agreement (Financial Intranet Inc/Ny)

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Holder Indemnity. The Each Holder shall indemnify and hold harmless the Company, its affiliates, its counsel, its officers, directors, shareholders and authorized representatives, any underwriter (as defined in the Securities 1933 Act) and each person, if any, who controls the Company or the underwriter (within the meaning of the Securities 1933 Act or the Exchange Act), against any losses, claims, damages, or liabilities (joint or several) to which they may become subject under the Securities 1933 Act, the Exchange Act or any state securities law, and the Company Holder shall reimburse the Company and each such Holder, affiliate, officer or director or partner, underwriter or controlling person for any legal or other expenses incurred by them in connection with investigating or defending any such loss, claim, damage, liability or action; insofar as such losses, claims, damages or liabilities (or actions and with respect thereof) arise out of or are based upon any untrue statements or untrue information of material facts provided by such Holder to the Company in connection with the offer or sale of Registrable Registerable Securities.

Appears in 1 contract

Samples: Registration Rights Agreement (Method Products Corp /De)

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