Reserved Units Clause Samples

Reserved Units. No Units may be reserved by any Soliciting Dealer.

Reserved Units. In connection with the offer and sale of the Reserved Units, the Company agrees to indemnify and hold harmless each Underwriter, and their affiliates, and each Selected Dealer and each of their respective Controlling Persons, from and against any and all loss, liability, claim, damage and expense (including, without limitation, any legal or other expenses reasonably incurred in connection with defending, investigating or settling any such action or claim), as incurred, (i) arising out of the violation of any applicable laws or regulations of foreign jurisdictions where Reserved Units have been offered, (ii) arising out of any untrue statement or alleged untrue statement of a material fact contained in any other material prepared by or with the consent of the Company for distribution to purchasers of the Reserved Units in connection with the offering of such Reserved Units or caused by any omission or alleged omission to state therein a material fact required to be stated therein or necessary to make the statements therein not misleading, (iii) caused by the failure of any prospective purchaser of Reserved Units to pay for and accept delivery of such Reserved Units which have been orally confirmed for purchase by 9:00 A.M. (New York City time) on the first business day after the date of the Agreement or (iv) related to, or arising out of or in connection with, the offering of the Reserved Units; provided, however, that the Company will not be liable in any such case to the extent that any such loss, claim, damage or liability arises out of or is based upon any such untrue statement or alleged untrue statement or omission or alleged omission made therein in reliance upon and in conformity with written information furnished to the Company by or on behalf of any Underwriter through the Representative specifically for inclusion therein. This indemnity agreement will be in addition to any liability which the Company may otherwise have.

Reserved Units. The Company shall set aside 5,000,000 Units which may be sold to raise additional funding for the Company pursuant to Section 11.8(a) hereof (the “Reserved Units”). If no portion of the Reserved Units has been sold to any Third Party upon the earlier of the second anniversary of the Effective Date or the effective date of a Change of Control of the Company, all remaining Reserved Units on such date shall be issued to PEC without further consideration.

Reserved Units. The units to be purchased by the SECOND PARTY and the purchase price and terms of payment thereof are set forth in Annex "B" hereof.

Reserved Units. Reserved Units are those affordable residential units that are required to be provided on-site under BMC Section 22.328.030(A)(5)(d) for households with Section 8 vouchers and Shelter + Care certificates.

Reserved Units. During the period within which the Warrant may -------------- be exercised, Seller will at all times have duly authorized and reserved, for the purpose of issuance upon exercise of the Warrant, a sufficient number of Units of membership interest to satisfy Seller's obligations under the Warrant.

Reserved Units. Sand Tiger shall provide Units for the exclusive occupancy of Company and Company Residents pursuant to the schedule set forth below. Company shall be liable to pay for such Units regardless of whether Company Residents occupy any or all of the Units. Executive Rooms reserved 29 Check In Date August 1, 2012 Reservation Term 1 year

Reserved Units. In connection with the offer and sale of the Reserved Units, the Company agrees to indemnify and hold harmless each Underwriter, and their affiliates, and each Selected Dealer and each of their respective Controlling Persons, from and against any and all loss, liability, claim, damage and expense (including, without limitation, any legal or other expenses reasonably incurred in connection with defending, investigating or settling any such action or claim), as incurred, (i) arising out of the violation of any applicable laws or regulations of foreign jurisdictions where Reserved Units have been offered, (ii) arising out of any untrue statement or alleged untrue statement of a material fact contained in any other material prepared by or with the consent of the Company for distribution to purchasers of the Reserved Units in connection with the offering of such Reserved Units or caused by any omission or alleged omission to state therein a material fact required to be stated therein or necessary to make the statements therein not misleading or (iii) related to, or arising out of or in connection with, the offering of the Reserved Units; provided, however, that the Company will not be liable in any such case to the extent that any such loss, claim, damage or liability arises out of or is based upon any such untrue statement or alleged untrue statement or omission or alleged omission made therein in reliance upon and in conformity with written information furnished to the Company by or on behalf of any Underwriter through the Representatives specifically for inclusion therein. This indemnity agreement will be in addition to any liability which the Company may otherwise have.