Common use of Maximum Liability of the Company Clause in Contracts

Maximum Liability of the Company. Notwithstanding anything to the contrary that may be contained in this Article VIII or elsewhere in this Agreement, the maximum aggregate dollar amount of Losses, including consequential damages, for which the Company shall have liability to a Purchaser and its managers, general partners, officers, directors, employees and agents and each Person (other than the Company and the Bank), if any, who controls, or is under the control of, such Purchaser within the meaning of Section 15 of the Securities Act or Section 20 of the Exchange Act, whether pursuant to this Article VIII or otherwise, shall not exceed the aggregate Purchase Price paid by such Purchaser for the Series B Shares it has purchased pursuant to this Agreement.

Appears in 1 contract

Samples: Stock Purchase Agreement (Pacific Mercantile Bancorp)

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Maximum Liability of the Company. Notwithstanding anything to the contrary that may be contained in this Article VIII or elsewhere in this Agreement, the maximum aggregate dollar amount of Losses, including consequential damages, for which the Company shall have liability to a Purchaser and its managers, general partners, officers, directors, employees and agents and each Person (other than the Company and the Bank), if any, who controls, or is under the control of, such Purchaser within the meaning of Section 15 of the Securities Act or Section 20 of the Exchange Act, whether pursuant to this Article VIII or otherwise, shall not exceed the aggregate Purchase Price paid by such Purchaser for the Series B Common Stock Shares it has purchased pursuant to this Agreement.

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Pacific Mercantile Bancorp)

Maximum Liability of the Company. Notwithstanding anything to the contrary that may be contained in this Article VIII or elsewhere in this Agreement, the maximum aggregate dollar amount of Losses, including consequential damages, Losses for which the Company shall have liability to a Purchaser and its managers, general partners, officers, directors, employees and agents and each Person (other than the Company and the Bank), if any, who controls, or is under the control of, such Purchaser within the meaning of Section 15 of the Securities Act or Section 20 of the Exchange Act, whether pursuant to this Article VIII or otherwise, shall not exceed the aggregate Purchase Price paid by such Purchaser for the Series B Common Stock Shares it has purchased pursuant to this Agreement.

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Pacific Mercantile Bancorp)

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Maximum Liability of the Company. Notwithstanding anything to the contrary that may be contained in this Article VIII VII or elsewhere in this Agreement, the maximum aggregate dollar amount of Losses, including consequential damages, for which the Company shall have liability to a Purchaser and its managers, general partners, officers, directors, employees and agents and each Person (other than the Company and the Bank), if any, who controls, or is under the control of, such Purchaser within the meaning of Section 15 of the Securities Act or Section 20 of the Exchange Act, whether pursuant to this Article VIII VII or otherwise, shall not exceed the aggregate Purchase Price paid by such Purchaser for the Series B Shares it has purchased pursuant to this Agreement.

Appears in 1 contract

Samples: Stock Purchase Agreement (Pacific Mercantile Bancorp)

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