Common use of Liabilities Upon Termination Clause in Contracts

Liabilities Upon Termination. If this Agreement shall be terminated pursuant to Section 10 hereof, the Company shall not then be under any liability to any Underwriter except as provided in Sections 7 and 9 hereof; but, if for any other reason, any Shares are not delivered by or on behalf of the Company as provided herein, the Company will reimburse the Underwriters through the Representatives for all out of pocket expenses approved in writing by the Representatives, including fees and disbursements of counsel, reasonably incurred by the Underwriters in making preparations for the purchase, sale and delivery of the Shares not so delivered, but the Company shall then be under no further liability to any Underwriter except as provided in Sections 7 and 9 hereof.

Appears in 3 contracts

Samples: Keycorp /New/, Keycorp /New/, Keycorp /New/

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Liabilities Upon Termination. If this Agreement shall be terminated pursuant to Section 10 hereof, the Company shall not then be under any liability to any Underwriter except as provided in Sections 7 and 9 hereof; but, if for any other reason, any Shares Securities are not delivered by or on behalf of the Company as provided herein, the Company will reimburse the Underwriters through the Representatives you for all out of out-of-pocket expenses approved in writing by the Representativesyou, including fees and disbursements of counsel, reasonably incurred by the Underwriters in making preparations for the purchase, sale and delivery of the Shares Securities not so delivered, but the Company shall then be under no further liability to any Underwriter except as provided in Sections 7 and 9 hereof.

Appears in 1 contract

Samples: Underwriting Agreement (Bank of New York Mellon CORP)

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Liabilities Upon Termination. If this Agreement shall be terminated pursuant to Section 10 11 hereof, the Company shall not then be under any liability to any Underwriter or the Forward Purchaser except as provided in Sections 7 8 and 9 10 hereof; but, if for any other reason, any Shares Standby Securities are not delivered by or on behalf of the Company as provided herein, the Company will reimburse the Underwriters through and the Representatives Forward Purchaser for all out of out-of-pocket expenses approved in writing by the Representatives, including fees and disbursements of counsel, reasonably incurred by the Underwriters and the Forward Purchaser in making preparations for connection with the purchase, sale Transaction Documents and delivery the offering of the Shares not so deliveredSecurities contemplated hereby, but the Company shall then be under no further liability to any Underwriter or the Forward Purchaser except as provided in Sections 7 8 and 9 10 hereof.

Appears in 1 contract

Samples: Underwriting Agreement (Bank of New York Mellon CORP)

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