Common use of Indemnification for Reserved Securities Clause in Contracts

Indemnification for Reserved Securities. In connection with the offer and sale of the Reserved Securities, the Company agrees, promptly upon a request in writing, to indemnify and hold harmless the Underwriters and the Sub-underwriter from and against any and all losses, liabilities, claims, damages and expenses incurred by them as a result of the failure of certain of the Company's directors and officers and certain of their family members, and of certain consultants, employees and business associates of the Company to pay for and accept delivery of Reserved Securities which, by the end of the first business day following the date of this Agreement, were subject to a properly confirmed agreement to purchase.

Appears in 1 contract

Samples: Purchase Agreement (Imagictv Inc)

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Indemnification for Reserved Securities. In connection with the offer and sale of the Reserved Securities, the Company agrees, promptly upon a request in writing, to indemnify and hold harmless the Underwriters and the Sub-Sub- underwriter from and against any and all losses, liabilities, claims, damages and expenses incurred by them as a result of the failure of certain of the Company's directors and officers and certain of their family members, and of certain consultants, employees and business associates of the Company to pay for and accept delivery of Reserved Securities which, by the end of the first business day following the date of this Agreement, were subject to a properly confirmed agreement to purchase.

Appears in 1 contract

Samples: Purchase Agreement (Imagictv Inc)

Indemnification for Reserved Securities. In connection with the offer and sale of the Reserved Securities, each of the Company and Mettler, jointly and severally, agrees, promptly upon a request written request, in writing, writing to indemnify and hold harmless the U.S. Underwriters and the Sub-underwriter from and against any and all losses, liabilities, claims, damages and expenses incurred by them as a result of the failure of certain employees of the Company's directors Company and officers its subsidiaries and certain of their family members, and of certain consultants, employees and other persons having a business associates of relationship with the Company to pay for and accept delivery of Reserved Securities which, by the end of the first business day following the date of this Agreement, were subject to a properly confirmed agreement to purchase.

Appears in 1 contract

Samples: Mt Investors Inc

Indemnification for Reserved Securities. In connection with the offer and sale of the Reserved Securities, the Company agrees, promptly upon a request in writing, to indemnify and hold harmless the Underwriters and the Sub-underwriter from and against any and all losses, liabilities, claims, damages and expenses incurred by them as a result of the failure of certain eligible directors, officers, employees and consultants of the Company's directors , of Synetic and officers and certain of their family members, Cerner and of certain consultants, employees and business associates of the Company other persons to pay for and accept delivery of Reserved Securities which, by the end of the first business day following the date of this Agreement, were subject to a properly confirmed agreement to purchase.

Appears in 1 contract

Samples: Purchase Agreement (Careinsite Inc)

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Indemnification for Reserved Securities. In connection with the offer and sale of the Reserved Securities, the Company agrees, promptly upon a request in writing, to indemnify and hold harmless the U.S. Underwriters and the Sub-underwriter from and against any and all losses, liabilities, claims, damages and expenses incurred by them as a result of the failure of certain eligible employees, their relatives, and friends of the Company's directors Company and officers its subsidiaries and certain of their family members, and of certain consultants, employees and persons having business associates of relationships with the Company to pay for and accept delivery of Reserved Securities which, by the end of the first business day following the date of this Agreement, were subject to a properly confirmed agreement to purchase.

Appears in 1 contract

Samples: Purchase Agreement (Garmin LTD)

Indemnification for Reserved Securities. In connection with the offer and sale of the Reserved Securities, the Company agrees, promptly upon a request in writing, to indemnify and hold harmless the Underwriters and the Sub-underwriter from and against any and all losses, liabilities, claims, damages and expenses incurred by them as a result of the failure of certain of the Company's employees, directors and officers and certain of their family members, and of certain consultants, employees and business associates of other persons with relationships with the Company who have expressed an interest in purchasing the Reserved Securities to pay for and accept delivery of Reserved Securities which, by the end of the first business day following the date of this Agreement, were subject to a properly confirmed agreement to purchase.

Appears in 1 contract

Samples: Purchase Agreement (Edison Schools Inc)

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