Common use of Indemnification by Stockholders Clause in Contracts

Indemnification by Stockholders. Subject to the other terms and conditions of this Article VIII, the Stockholders severally and not jointly (in accordance with their Pro Rata Shares), shall indemnify and defend each of Parent and its Affiliates (including the Company) and their respective Representatives (collectively, the “Parent Indemnitees”) against, and shall hold each of them harmless from and against, and shall pay and reimburse each of them for, any and all Losses incurred or sustained by, or imposed upon, the Parent Indemnitees based upon, arising out of, with respect to or by reason of:

Appears in 2 contracts

Samples: Agreement and Plan of Reorganization (InMed Pharmaceuticals Inc.), Agreement and Plan of Reorganization (InMed Pharmaceuticals Inc.)

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Indemnification by Stockholders. Subject to the other terms and conditions of this Article VIIIARTICLE IX, the Stockholders Stockholders, severally and not jointly (in accordance with their Pro Rata Shares), shall indemnify and defend each of Parent and its Affiliates (including the Company) and their respective Representatives (collectively, the “Parent Indemnitees”) against, and shall hold each of them harmless from and against, and shall pay and reimburse each of them for, any and all Losses incurred or sustained by, or imposed upon, the Parent Indemnitees based upon, arising out of, with respect to or by reason of:

Appears in 1 contract

Samples: Agreement and Plan of Merger (Mimedx Group, Inc.)

Indemnification by Stockholders. Subject to the other terms and conditions of this Article VIIIIX, including the Cap (as defined below), the Stockholders severally and not Stockholders, jointly (in accordance with their Pro Rata Shares), shall indemnify and defend each of Parent and its Affiliates (including the CompanyCompany and the Surviving Corporation) and their respective Representatives (collectively, the “Parent Indemnitees”) against, and shall hold each of them harmless from and against, and shall pay and reimburse each of them for, any and all Losses incurred or sustained by, or imposed upon, the Parent Indemnitees based upon, arising out of, with respect to or by reason of:

Appears in 1 contract

Samples: Agreement and Plan of Merger (MassRoots, Inc.)

Indemnification by Stockholders. Subject to the other terms and conditions of this Article VIIIIX, the Stockholders Stockholders, severally and not jointly (in accordance with their Pro Rata Shares), shall indemnify and defend each of Parent and its Affiliates (including the Company) and their respective Representatives (collectively, the “Parent Indemnitees”) against, and shall hold each of them harmless from and against, and shall pay and reimburse each of them for, any and all Losses incurred or sustained by, or imposed upon, the Parent Indemnitees based upon, arising out of, with respect to or by reason of:

Appears in 1 contract

Samples: Agreement and Plan of Merger (VistaGen Therapeutics, Inc.)

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Indemnification by Stockholders. Subject to the other terms and conditions of this Article VIII, the Stockholders Stockholders, severally and not jointly (in accordance with their Pro Rata Shares), shall indemnify and defend each of Parent Holdings and its Affiliates (including Holdings and the Company) and their respective Representatives (collectively, the “Parent Holdings Indemnitees”) against, and shall hold each of them harmless from and against, and shall pay and reimburse each of them for, any and all Losses incurred or sustained by, or imposed upon, the Parent Holdings Indemnitees based upon, arising out of, with respect to or by reason of:

Appears in 1 contract

Samples: Agreement and Plan of Merger (GigCapital2, Inc.)

Indemnification by Stockholders. Subject to the other terms and conditions of this Article ARTICLE VIII, the Stockholders Stockholders, severally and not jointly (in accordance with their Pro Rata Shares), shall indemnify and defend each of Parent and its Affiliates (including the Company) and their respective Representatives (collectively, the “Parent Indemnitees”) against, and shall hold each of them harmless from and against, and shall pay and reimburse each of them for, any and all Losses incurred or sustained by, or imposed upon, the Parent Indemnitees based upon, arising out of, with respect to or by reason of:

Appears in 1 contract

Samples: Agreement and Plan of Merger (Upland Software, Inc.)

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