Common use of Reimbursement of Certain Expenses Clause in Contracts

Reimbursement of Certain Expenses. In addition to its other obligations under Section 7(a) of this Agreement, the Company hereby agrees to reimburse the Underwriters on a quarterly basis for all reasonable legal and other expenses incurred in connection with investigating or defending any claim, action, investigation, inquiry or other proceeding arising out of or based upon, in whole or in part, any statement or omission or alleged statement or omission, or any inaccuracy in the representations and warranties of the Company contained herein or failure of the Company to perform its or their respective obligations hereunder or under law, all as described in Section 7(a), notwithstanding the absence of a judicial determination as to the propriety and enforceability of the obligations under this Section 8 and the possibility that such payment might later be held to be improper; provided, however, that, to the extent any such payment is ultimately held to be improper, the persons receiving such payments shall promptly refund them.

Appears in 22 contracts

Samples: Underwriting Agreement (Camtek LTD), Underwriting Agreement (Ceragon Networks LTD), Underwriting Agreement (Vitesse Semiconductor Corp)

AutoNDA by SimpleDocs

Reimbursement of Certain Expenses. In addition to its their other obligations under Section 7(a7 of this Agreement (and subject, in the case of a Selling Securityholder, to the provisions of paragraph (f) of this AgreementSection 7), the Company and the Selling Securityholders hereby agrees jointly and severally agree to reimburse the Underwriters on a quarterly basis the Underwriters for all reasonable legal and other expenses incurred in connection with investigating or defending any claim, action, investigation, inquiry or other proceeding arising out of or based upon, in whole or in part, upon any statement or omission or alleged statement or omission, or any inaccuracy in the representations and warranties of the Company contained herein alleged statement or failure of the Company to perform its or their respective obligations hereunder or under lawomission, all as described in paragraph (a) of Section 7(a)7 of this Agreement, notwithstanding the absence of a judicial determination as to the propriety and enforceability of the obligations under this Section 8 11 and the possibility that such payment payments might later be held to be improper; provided, however, that, that (i) to the extent any such payment is ultimately held to be improper, the persons receiving such payments shall promptly refund themthem and (ii) such persons shall provide to the Company, upon request, reasonable assurances of their ability to effect any refund, when and if due.

Appears in 19 contracts

Samples: Underwriting Agreement (Astropower Inc), Underwriting Agreement (Supershuttle International Inc), Underwriting Agreement (Immersion Corp)

Reimbursement of Certain Expenses. In addition to its other obligations under Section 7(a6(a) of this Agreement, the Company hereby agrees to reimburse the Underwriters on a quarterly basis the Underwriters for all reasonable legal and other expenses incurred in connection with investigating or defending any claim, action, investigation, inquiry or other proceeding arising out of or based upon, in whole or in part, any statement or omission or alleged statement or omission, or any inaccuracy in the representations and warranties of the Company contained herein or failure of the Company to perform its or their respective obligations hereunder or under law, all as described in Section 7(a6(a), notwithstanding the absence of a judicial determination as to the propriety and enforceability of the obligations under this Section 8 7 and the possibility that such payment might later be held to be improper; provided, however, that, to the extent any such payment is ultimately held to be improper, the persons receiving such payments shall promptly refund them.

Appears in 14 contracts

Samples: Underwriting Agreement (American Superconductor Corp /De/), Underwriting Agreement (Sypris Solutions Inc), Underwriting Agreement (American Superconductor Corp /De/)

Reimbursement of Certain Expenses. In addition to its other obligations under Section 7(a) of this Agreement, the Company hereby agrees to reimburse the Underwriters on a quarterly basis for all reasonable legal and other expenses incurred in connection with investigating or defending any claim, action, investigation, inquiry or other proceeding arising out of or based upon, in whole or in part, any statement or omission or alleged statement or omission, or any inaccuracy in the representations and warranties of the Company contained herein or failure of the Company to perform its or their respective obligations hereunder or under law, all as described in Section 7(a), notwithstanding the absence of a judicial determination as to the propriety and enforceability of the obligations under this Section 8 and the possibility that such payment might later be held to be improper; provided, however, that, to the extent any such payment is ultimately held to be improper, the persons receiving such payments shall promptly refund them.

Appears in 10 contracts

Samples: Underwriting Agreement (Ultra Clean Holdings, Inc.), Underwriting Agreement (ADESTO TECHNOLOGIES Corp), Underwriting Agreement (Resonant Inc)

Reimbursement of Certain Expenses. In addition to its other obligations under Section 7(a) of this Agreement, the Company hereby agrees to reimburse the Underwriters Underwriter on a quarterly basis for all reasonable legal and other expenses incurred in connection with investigating or defending any claim, action, investigation, inquiry or other proceeding arising out of or based upon, in whole or in part, any statement or omission or alleged statement or omission, or any inaccuracy in the representations and warranties of the Company contained herein or failure of the Company to perform its or their respective obligations hereunder or under law, all as described in Section 7(a), notwithstanding the absence of a judicial determination as to the propriety and enforceability of the obligations under this Section 8 and the possibility that such payment might later be held to be improper; provided, however, that, to the extent any such payment is ultimately held to be improper, the persons receiving such payments shall promptly refund them.

Appears in 6 contracts

Samples: Underwriting Agreement (Sequans Communications), Underwriting Agreement (Overland Storage Inc), Underwriting Agreement (Ikanos Communications)

Reimbursement of Certain Expenses. In addition to its other obligations under Section 7(a) of this Agreement, the Company hereby agrees to reimburse the Underwriters on a quarterly basis for all reasonable legal and other expenses incurred in connection with investigating or defending any claim, action, investigation, inquiry or other proceeding arising out of or based upon, in whole or in part, any statement or omission or alleged statement or omission, or any inaccuracy in the representations and warranties of the Company contained herein or failure of the Company to perform its or their respective obligations hereunder or under law, all as described in Section 7(a), notwithstanding the absence of a judicial determination as to the propriety and enforceability of the obligations under this Section 8 9 and the possibility that such payment might later be held to be improper; provided, however, that, to the extent any such payment is ultimately held to be improper, the persons receiving such payments shall promptly refund them.

Appears in 5 contracts

Samples: Underwriting Agreement (Sequans Communications), Underwriting Agreement (Sequans Communications), Underwriting Agreement (Sequans Communications)

Reimbursement of Certain Expenses. In addition to its other obligations under Section 7(a) of this Agreement, the Company hereby agrees to reimburse the Underwriters on a quarterly basis for all reasonable legal and other expenses incurred in connection with investigating or defending any claim, action, investigation, inquiry or other proceeding arising out of or based upon, in whole or in part, any statement or omission or alleged statement or omission, omission or any inaccuracy in the representations and warranties of the Company contained herein or failure of the Company to perform its or their respective obligations hereunder or under law, all as described in Section 7(a), notwithstanding the absence of a judicial determination as to the propriety and enforceability of the obligations under this Section 8 and the possibility that such payment might later be held to be improper; provided, however, that, to the extent any such payment is ultimately held to be improper, the persons receiving such payments shall promptly refund them.

Appears in 3 contracts

Samples: Underwriting Agreement (Vicor Corp), Underwriting Agreement (Upland Software, Inc.), Underwriting Agreement (Neophotonics Corp)

Reimbursement of Certain Expenses. In addition to its other obligations under Section 7(a6(a) of this Agreement, the Company hereby agrees to reimburse the Underwriters on a quarterly basis for all reasonable legal and other expenses incurred in connection with investigating or defending any claim, action, investigation, inquiry or other proceeding arising out of or based upon, in whole or in part, any statement or omission or alleged statement or omission, or any inaccuracy in the representations and warranties of the Company contained herein or failure of the Company to perform its or their respective obligations hereunder or under law, all as described in Section 7(a6(a), notwithstanding the absence of a judicial determination as to the propriety and enforceability of the obligations under this Section 8 7 and the possibility that such payment might later be held to be improper; provided, however, that, to the extent any such payment is ultimately held to be improper, the persons receiving such payments shall promptly refund them.

Appears in 2 contracts

Samples: Underwriting Agreement (KVH Industries Inc \De\), Quinton Cardiology Systems Inc

Reimbursement of Certain Expenses. In addition to its other obligations under Section 7(a6(a) of this Agreement, the Company hereby agrees to reimburse the Underwriters on a quarterly basis the Underwriters for all reasonable legal and other expenses incurred in connection with investigating or defending any claim, action, investigation, inquiry or other proceeding arising out of or based upon, in whole or in part, any statement or omission or alleged statement or omission, or any inaccuracy in the representations and warranties of the Company contained herein or failure of the Company to perform its or their respective obligations hereunder or under law, all as described in Section 7(a6(a), notwithstanding the absence of a judicial determination as to the propriety and enforceability of the obligations under this Section 8 7 and the possibility that such payment might later be held to be improper; provided, however, that, to the extent any such payment is ultimately held to be improper, the persons receiving such payments shall promptly refund them.

Appears in 2 contracts

Samples: Underwriting Agreement (Costar Group Inc), Underwriting Agreement (Quantum Epitaxial Designs Inc)

Reimbursement of Certain Expenses. In addition to its their other obligations under Section 7(a7 of this Agreement (and subject, in the case of a Selling Securityholder, to the provisions of paragraph (f) of this AgreementSection 7), the Company and the Selling Securityholders hereby agrees jointly and severally agree to reimburse on a monthly basis the Underwriters on a quarterly basis for all reasonable legal and other expenses incurred in connection with investigating or defending any claim, action, investigation, inquiry or other proceeding arising out of or based upon, in whole or in part, upon any statement or omission or alleged statement or omission, or any inaccuracy in the representations and warranties of the Company contained herein alleged statement or failure of the Company to perform its or their respective obligations hereunder or under lawomission, all as described in paragraph (a) of Section 7(a)7 of this Agreement, notwithstanding the absence of a judicial determination as to the propriety and enforceability of the obligations under this Section 8 and the possibility that such payment payments might later be held to be improper; provided, however, that, that (i) to the extent any such payment is ultimately held to be improper, the persons receiving such payments shall promptly refund themthem and (ii) such persons shall provide to the Company, upon request, reasonable assurances of their ability to effect any refund, when and if due.

Appears in 2 contracts

Samples: Underwriting Agreement (Extended Systems Inc), Underwriting Agreement (Template Software Inc)

Reimbursement of Certain Expenses. In addition to its their other obligations under Section 7(a7 of this Agreement and subject, in the case of a Selling Stockholders, to the provisions of paragraph (f) of this AgreementSection 7, the Company and the Selling Stockholders hereby agrees jointly and severally agree to reimburse the Underwriters on a quarterly basis the Underwriters for all reasonable legal and other expenses incurred in connection with investigating or defending any claim, action, investigation, inquiry or other proceeding arising out of or based upon, in whole or in part, upon any statement or omission or alleged statement or omission, or any inaccuracy in the representations and warranties of the Company contained herein alleged statement or failure of the Company to perform its or their respective obligations hereunder or under lawomission, all as described in paragraph (a) of Section 7(a)7 of this Agreement, notwithstanding the absence of a judicial determination as to the propriety and enforceability of the obligations under this Section 8 11 and the possibility that such payment payments might later be held to be improper; provided, however, that, that (i) to the extent any such payment is ultimately held to be improper, the persons receiving such payments shall promptly refund themthem and (ii) such persons shall provide to the Company, upon request, reasonable assurances of their ability to effect any refund, when and if due.

Appears in 2 contracts

Samples: Underwriting Agreement (Atmi Inc), Ansoft Corp

Reimbursement of Certain Expenses. In addition to its their other obligations under Section 7(a7 of this Agreement (and subject, in the case of the Selling Securityholder, to the provisions of paragraph (f) of this AgreementSection 7), the Company and the Selling Securityholder hereby agrees jointly and severally agree to reimburse the Underwriters on a quarterly basis the Underwriters for all reasonable legal and other expenses incurred in connection with investigating or defending any claim, action, investigation, inquiry or other proceeding arising out of or based upon, in whole or in part, upon any statement or omission or alleged statement or omission, or any inaccuracy in the representations and warranties of the Company contained herein alleged statement or failure of the Company to perform its or their respective obligations hereunder or under lawomission, all as described in paragraph (a) of Section 7(a)7 of this Agreement, notwithstanding the absence of a judicial determination as to the propriety and enforceability of the obligations under this Section 8 11 and the possibility that such payment payments might later be held to be improper; provided, however, that, that (i) to the extent any such payment is ultimately held to be improper, the persons receiving such payments shall promptly refund themthem and (ii) such persons shall provide to the Company, upon request, reasonable assurances of their ability to effect any refund, when and if due.

Appears in 2 contracts

Samples: Underwriting Agreement (Plug Power Inc), Advanced Digital Information Corp

Reimbursement of Certain Expenses. In addition to its other obligations under Section 7(a9(a) of this Agreement, the Company hereby agrees to reimburse the Underwriters Sales Agent on a quarterly basis for all reasonable legal and other documented expenses incurred and in connection with investigating or defending any claim, action, investigation, inquiry or other proceeding arising out of or based upon, in whole or in part, any statement or omission or alleged statement or omission, omission or any inaccuracy in the representations and warranties of the Company contained herein or failure of the Company to perform its or their respective obligations hereunder or under law, all as described in Section 7(a9(a), notwithstanding the absence of a judicial determination as to the propriety and enforceability of the obligations under this Section 8 10 and the possibility that such payment might later be held to be improper; provided, however, that, to the extent any such payment is ultimately held to be improper, the persons receiving such payments shall promptly refund them.

Appears in 2 contracts

Samples: Sales Agreement (LiveOne, Inc.), Sales Agreement (LiveXLive Media, Inc.)

Reimbursement of Certain Expenses. In addition to its other obligations under Section 7(a6(a) of this Agreement, the Company hereby agrees to reimburse the Underwriters on a quarterly basis the Underwriters for all reasonable legal and other expenses incurred in connection with investigating or defending any claim, action, investigation, inquiry or other proceeding arising out of or based upon, in whole or in part, any statement or omission or alleged statement or omission, or any inaccuracy in the representations and warranties of the Company contained herein or failure of the Company to perform its or their his respective obligations hereunder or under law, all as described in Section 7(a6(a), notwithstanding the absence of a judicial determination as to the propriety and enforceability of the obligations under this Section 8 7 and the possibility that such payment might later be held to be improper; provided, however, that, to the extent any such payment is ultimately held to be improper, the persons receiving such payments shall promptly refund them.

Appears in 1 contract

Samples: Underwriting Agreement (Stockpoint Inc)

Reimbursement of Certain Expenses. In addition to its other obligations under Section 7(a9(a) of this Agreement, the Company hereby agrees to reimburse the Underwriters Sales Agent on a quarterly basis for all reasonable reasonable, documented legal and other expenses incurred in connection with investigating or defending any claim, action, investigation, inquiry or other proceeding arising out of or based upon, in whole or in part, any statement or omission or alleged statement or omission, omission or any inaccuracy in the representations and warranties of the Company contained herein or failure of the Company to perform its or their respective obligations hereunder or under law, all as described in Section 7(a9(a), notwithstanding the absence of a judicial determination as to the propriety and enforceability of the obligations under this Section 8 10 and the possibility that such payment might later be held to be improper; provided, however, that, to the extent any such payment is ultimately held to be improper, the persons receiving such payments shall promptly refund them.

Appears in 1 contract

Samples: Sales Agreement (Gsi Technology Inc)

Reimbursement of Certain Expenses. In addition to its their other obligations under Section 7(a7 of this Agreement (and subject, in the case of a Selling Securityholder, to the provisions of paragraph (f) of this AgreementSection 7), the Company and the Selling Securityholders jointly and severally hereby agrees agree to reimburse the Underwriters on a quarterly basis the Underwriters for all reasonable legal and other expenses incurred in connection with investigating or defending any claim, action, investigation, inquiry or other proceeding arising out of or based upon, in whole or in part, upon any statement or omission or alleged statement or omission, or any inaccuracy in the representations and warranties of the Company contained herein alleged statement or failure of the Company to perform its or their respective obligations hereunder or under lawomission, all as described in paragraph (a) of Section 7(a)7 of this Agreement, notwithstanding the absence of a judicial determination as to the propriety and enforceability of the obligations under this Section 8 11 and the possibility that such payment payments might later be held to be improper; provided, however, that, that (i) to the extent any such payment is ultimately held to be improper, the persons receiving such payments shall promptly refund themthem and (ii) such persons shall provide to the Company, upon request, reasonable assurances of their ability to effect any refund, when and if due.

Appears in 1 contract

Samples: Underwriting Agreement (Astropower Inc)

Reimbursement of Certain Expenses. In addition to its other obligations under Section 7(a) 7 of this Agreement, the Company hereby agrees to reimburse the Underwriters Placement Agents on a quarterly basis for all reasonable legal and other expenses incurred in connection with investigating or defending any claim, action, investigation, inquiry or other proceeding arising out of or based upon, in whole or in part, any statement or omission or alleged statement or omission, or any inaccuracy in the representations and warranties of the Company contained herein or failure of the Company to perform its or their respective obligations hereunder or under law, all as described in Section 7(a)7, notwithstanding the absence of a judicial determination as to the propriety and enforceability of the obligations under this Section 8 and the possibility that such payment might later be held to be improper; provided, however, that, to the extent any such payment is ultimately held to be improper, the persons receiving such payments shall promptly refund them.

Appears in 1 contract

Samples: Placement Agency Agreement (Sonus Pharmaceuticals Inc)

Reimbursement of Certain Expenses. In addition to its their other obligations under Section 7(a7 of this Agreement and subject, in the case of the Selling Stockholders, to the provisions of paragraph (f) of this AgreementSection 7, the Company and the Selling Stockholders hereby agrees jointly and severally agree to reimburse the Underwriters on a quarterly basis the Underwriters for all reasonable legal and other expenses incurred in connection with investigating or defending any claim, action, investigation, inquiry or other proceeding arising out of or based upon, in whole or in part, upon any statement or omission or alleged statement or omission, or any inaccuracy in the representations and warranties of the Company contained herein alleged statement or failure of the Company to perform its or their respective obligations hereunder or under lawomission, all as described in paragraph (a) of Section 7(a)7 of this Agreement, notwithstanding the absence of a judicial determination as to the propriety and enforceability of the obligations under this Section 8 11 and the possibility that such payment payments might later be held to be improper; provided, however, that, that (i) to the extent any such payment is ultimately held to be improper, the persons receiving such payments shall promptly refund themthem and (ii) such persons shall provide to the Company and the Selling Stockholders, upon request, reasonable assurances of their ability to effect any refund, when and if due.

Appears in 1 contract

Samples: Underwriting Agreement (Renaissance Solutions Inc)

Reimbursement of Certain Expenses. In addition to its other obligations under Section 7(a6(a) of this Agreement, the Company hereby agrees to reimburse the Underwriters on a quarterly basis for all reasonable legal and other expenses incurred in connection with investigating or defending any claim, action, investigation, inquiry or other proceeding arising out of or based upon, in whole or in part, any statement or omission or alleged statement or omission, or any inaccuracy in the representations and warranties of the Company contained herein or failure of the Company to perform its or their respective obligations hereunder or under law, all as described in Section 7(a6(a), notwithstanding the absence of a judicial determination as to the propriety and enforceability of the obligations under this Section 8 7 and the possibility that such payment might later be held to be improper; provided, however, that, to the extent any such payment is ultimately held to be improper, the persons receiving such payments shall promptly refund them.

Appears in 1 contract

Samples: Underwriting Agreement (Transmeta Corp)

Reimbursement of Certain Expenses. In addition to its other obligations under Section 7(a6(a) of this Agreement, the Company hereby agrees to reimburse the Underwriters on a quarterly basis for all reasonable legal and other expenses incurred under Section 6 in connection with investigating or defending any claim, action, investigation, inquiry or other proceeding arising out of or based upon, in whole or in part, any statement or omission or alleged statement or omission, or any inaccuracy in the representations and warranties of the Company contained herein or failure of the Company to perform its or their respective obligations hereunder or under law, all as described in Section 7(a6(a), notwithstanding the absence of a judicial determination as to the propriety and enforceability of the obligations under this Section 8 7 and the possibility that such payment might later be held to be improper; provided, however, that, to the extent any such payment is ultimately held to be improper, the persons receiving such payments shall promptly refund them.

Appears in 1 contract

Samples: Underwriting Agreement (California Micro Devices Corp)

AutoNDA by SimpleDocs

Reimbursement of Certain Expenses. In addition to its other obligations under Section 7(a6(a) of this Agreement, the Company hereby agrees to reimburse the Underwriters on a quarterly basis the Underwriters for all reasonable legal and other expenses incurred in connection with investigating or defending any claim, action, investigation, inquiry or other proceeding arising out of or based upon, in whole or in part, any statement or omission or alleged statement or omission, or any inaccuracy in the representations and warranties of the Company contained herein or failure of the Company to perform its or their respective obligations hereunder or under law, all as described in Section 7(a6(a), notwithstanding the absence of a judicial determination as to the propriety and enforceability of the obligations under this Section 8 7 and the possibility that such payment might later be held to be improper; provided, however, that, to the extent any such payment is ultimately held to be improper, the persons receiving such payments shall promptly refund them.

Appears in 1 contract

Samples: Superconductor Technologies Inc

Reimbursement of Certain Expenses. In addition to its other obligations under Section 7(a6(a) of this Agreement, the Company hereby agrees to reimburse the Underwriters on a quarterly basis for all reasonable legal and other expenses incurred in connection with investigating or defending any claim, action, investigation, inquiry or other proceeding arising out of or based upon, in whole or in part, any statement or omission or alleged statement or omission, or any inaccuracy in the representations and warranties of the Company contained herein or failure of the Company to perform its or their respective obligations hereunder or under law, all as described in Section 7(a6(a), notwithstanding the absence of a judicial determination as to the propriety and enforceability of the obligations under this Section 8 7 and the possibility that such payment might later be held to be improper; provided, however, that, to the extent any such payment is ultimately held to be improper, the persons receiving such payments shall promptly refund them.

Appears in 1 contract

Samples: Btu International Inc

Reimbursement of Certain Expenses. In addition to its other obligations under Section Sections 7(a) of this AgreementAgreement and subject to Section 7(e), the Company hereby agrees to reimburse the Underwriters on a quarterly basis for all reasonable legal and other expenses incurred in connection with investigating or defending any claim, action, investigation, inquiry or other proceeding arising out of or based upon, in whole or in part, any statement or omission or alleged statement or omission, or any inaccuracy in the representations and warranties of the Company contained herein or failure of the Company to perform its or their respective obligations hereunder or under law, all as described in Section 7(a), notwithstanding the absence of a judicial determination as to the propriety and enforceability of the obligations under this Section 8 10 and the possibility that such payment might later be held to be improper; provided, however, that, to the extent any such payment is ultimately held to be improper, the persons receiving such payments shall promptly refund them.

Appears in 1 contract

Samples: Underwriting Agreement (Lantronix Inc)

Reimbursement of Certain Expenses. In addition to its other obligations under Section 7(a) of this Agreement, the Company hereby agrees to reimburse the Underwriters any Underwriter on a quarterly basis for all reasonable legal and other expenses incurred in connection with investigating or defending any claim, action, investigation, inquiry or other proceeding arising out of or based upon, in whole or in part, any statement or omission or alleged statement or omission, or any inaccuracy in the representations and warranties of the Company contained herein or failure of the Company to perform its or their respective obligations hereunder or under law, all as including the indemnity obligations described in Section 7(a), notwithstanding the absence of a judicial determination as to the propriety and enforceability of the obligations under this Section 8 and the possibility that such payment might later be held to be improper; provided, however, that, to the extent any such payment is ultimately held to be improper, the persons receiving such payments shall promptly refund them.

Appears in 1 contract

Samples: Underwriting Agreement (PMFG, Inc.)

Reimbursement of Certain Expenses. In addition to its other obligations under Section 7(a6(a) of this Agreement, the Company hereby agrees to reimburse the Underwriters Underwriter on a quarterly basis for all reasonable legal and other expenses incurred in connection with investigating or defending any claim, action, investigation, inquiry or other proceeding arising out of or based upon, in whole or in part, any statement or omission or alleged statement or omission, or any inaccuracy in the representations and warranties of the Company contained herein or failure of the Company to perform its or their respective obligations hereunder or under law, all as described in Section 7(a6(a), notwithstanding the absence of a judicial determination as to the propriety and enforceability of the obligations under this Section 8 6(g) and the possibility that such payment might later be held to be improper; provided, however, that, to the extent any such payment is ultimately held to be improper, the persons receiving such payments shall promptly refund them.

Appears in 1 contract

Samples: Underwriting Agreement (Harris & Harris Group Inc /Ny/)

Reimbursement of Certain Expenses. In addition (a) The Company and each of the Indemnification Stockholders, jointly and severally, and in the case of the Indemnification Stockholders, subject to its other obligations under Section 7(a) of this Agreement, the Company hereby agrees agree to reimburse the Underwriters pursuant to Section 7 of this Agreement on a quarterly monthly basis for all reasonable legal and other expenses incurred in connection with investigating or defending any claim, action, investigation, inquiry or other proceeding arising out of or based upon, in whole or in part, upon any statement or omission or alleged statement or omission, or any inaccuracy in the representations and warranties of the Company contained herein alleged statement or failure of the Company to perform its or their respective obligations hereunder or under law, all as omission described in paragraph (a) of Section 7(a)7 of this Agreement, notwithstanding the absence of a judicial determination as to the propriety and enforceability of the obligations under Section 7 or this Section 8 and the possibility that such payment payments might later be held to be improper; provided, however, that, that to the extent any that such payment is ultimately held to be improper, the persons receiving such payments Underwriters shall promptly refund themit.

Appears in 1 contract

Samples: Underwriting Agreement (Clean Energy Fuels Corp.)

Reimbursement of Certain Expenses. In addition to its their other obligations under Section 7(a7 of this Agreement (and subject, in the case of a Selling Securityholder, to the provisions of paragraph (f) of this AgreementSection 7), the Company and the Selling Securityholders hereby agrees severally but not jointly agree to reimburse the Underwriters on a quarterly basis the Underwriters for all reasonable legal and other expenses incurred in connection with investigating or defending any claim, action, investigation, inquiry or other proceeding arising out of or based upon, in whole or in part, upon any statement or omission or alleged statement or omission, or any inaccuracy in the representations and warranties of the Company contained herein alleged statement or failure of the Company to perform its or their respective obligations hereunder or under lawomission, all as described in paragraph (a) of Section 7(a)7 of this Agreement, notwithstanding the absence of a judicial determination as to the propriety and enforceability of the obligations under this Section 8 11 and the possibility that such payment payments might later be held to be improper; provided, however, that, that (i) to the extent any such payment is ultimately held to be improper, the persons receiving such payments shall promptly refund themthem together with interest at the prime rate and (ii) such persons shall provide to the Company, upon request, reasonable assurances of their ability to effect any refund, when and if due.

Appears in 1 contract

Samples: Underwriting Agreement (Biosource International Inc)

Reimbursement of Certain Expenses. In addition to its other obligations under Section 7(a) 6 of this Agreement, the Company hereby agrees to reimburse the Underwriters Placement Agent on a quarterly basis for all reasonable legal and other expenses incurred in connection with investigating or defending any claim, action, investigation, inquiry or other proceeding arising out of or based upon, in whole or in part, any statement or omission or alleged statement or omission, or any inaccuracy in the representations and warranties of the Company contained herein or failure of the Company to perform its or their respective obligations hereunder or under law, all as described in Section 7(a)6, notwithstanding the absence of a judicial determination as to the propriety and enforceability of the obligations under this Section 8 7 and the possibility that such payment might later be held to be improper; provided, however, that, to the extent any such payment is ultimately held to be improper, the persons receiving such payments shall promptly refund them.

Appears in 1 contract

Samples: Placement Agency Agreement (Superconductor Technologies Inc)

Reimbursement of Certain Expenses. In addition to its other obligations under Section 7(aSECTION 6(A) of this Agreement, the Company hereby agrees to reimburse the Underwriters on a quarterly basis for all reasonable legal and other expenses incurred in connection with investigating or defending any claim, action, investigation, inquiry or other proceeding arising out of or based upon, in whole or in part, any statement or omission or alleged statement or omission, or any inaccuracy in the representations and warranties of the Company contained herein or failure of the Company to perform its or their respective obligations hereunder or under law, all as described in Section 7(aSECTION 6(A), notwithstanding the absence of a judicial determination as to the propriety and enforceability of the obligations under this Section 8 SECTION 7 and the possibility that such payment might later be held to be improper; provided, however, that, to the extent any such payment is ultimately held to be improper, the persons receiving such payments shall promptly refund them.

Appears in 1 contract

Samples: Underwriting Agreement (Hologic Inc)

Reimbursement of Certain Expenses. In addition to its other obligations under Section 7(a8(a) of this Agreement, the Company hereby agrees to reimburse the Underwriters Underwriter on a quarterly basis for all reasonable legal and other expenses incurred in connection with investigating or defending any claim, action, investigation, inquiry or other proceeding arising out of or based upon, in whole or in part, any statement or omission or alleged statement or omission, or any inaccuracy in the representations and warranties of the Company contained herein or failure of the Company to perform its or their respective obligations hereunder or under law, all as described in Section 7(a8(a), notwithstanding the absence of a judicial determination as to the propriety and enforceability of the obligations under this Section 8 9 and the possibility that such payment might later be held to be improper; provided, however, that, to the extent any such payment is ultimately held to be improper, the persons receiving such payments shall promptly refund them.

Appears in 1 contract

Samples: Underwriting Agreement (Cimatron LTD)

Reimbursement of Certain Expenses. In addition to its other obligations under Section 7(a7 of this Agreement (and subject, in the case of a Selling Securityholder, to the provisions of paragraph (f) of this AgreementSection 7), the Company and the Selling Securityholders hereby agrees jointly and severally agree to reimburse the Underwriters on a quarterly basis the Underwriters for all reasonable legal and other expenses incurred in connection with investigating or defending any claim, action, investigation, inquiry or other proceeding arising out of or based upon, in whole or in part, upon any statement or omission or alleged statement or omission, or any inaccuracy in the representations and warranties of the Company contained herein alleged statement or failure of the Company to perform its or their respective obligations hereunder or under lawomission, all as described in paragraph (a) of Section 7(a)7 of this Agreement, notwithstanding the absence of a judicial determination as to the propriety and enforceability of the obligations under this Section 8 11 and the possibility that such payment payments might later be held to be improper; provided, however, that, that (i) to the extent any such payment is ultimately held to be improper, the persons receiving such payments shall promptly refund themthem and (ii) such persons shall provide to the Company, upon request, reasonable assurances of their ability to effect any refund, when and if due.

Appears in 1 contract

Samples: Witness Systems Inc

Reimbursement of Certain Expenses. In addition to its their other obligations under Section 7(a7 of this Agreement (and subject, in the case of a Selling Security holder, to the provisions of paragraph (f) of this AgreementSection 7), the Company and the Selling Security holders hereby agrees jointly and severally agree to reimburse the Underwriters on a quarterly basis the Underwriters for all reasonable legal and other expenses incurred in connection with investigating or defending any claim, action, investigation, inquiry or other proceeding arising out of or based upon, in whole or in part, upon any statement or omission or alleged statement or omission, or any inaccuracy in the representations and warranties of the Company contained herein alleged statement or failure of the Company to perform its or their respective obligations hereunder or under lawomission, all as described in paragraph (a) of Section 7(a)7 of this Agreement, notwithstanding the absence of a judicial determination as to the propriety and enforceability of the obligations under this Section 8 11 and the possibility that such payment payments might later be held to be improper; provided, however, that, that (i) to the extent any such payment is ultimately held to be improper, the persons receiving such payments shall promptly refund themthem and (ii) such persons shall provide to the Company, upon request, reasonable assurances of their ability to effect any refund, when and if due.

Appears in 1 contract

Samples: Underwriting Agreement (1 800 Contacts Inc)

Reimbursement of Certain Expenses. In addition to its other obligations under Section 7(a8(a) of this Agreement, the Company hereby agrees to reimburse the Underwriters on a quarterly basis the Underwriters for all reasonable legal and other expenses incurred in connection with investigating or defending any claim, action, investigation, inquiry or other proceeding arising out of or based upon, in whole or in part, any statement or omission or alleged statement or omission, or any inaccuracy in the representations and warranties of the Company contained herein or failure of the Company to perform its or their respective obligations hereunder or under law, all as described in Section 7(a8(a), notwithstanding the absence of a judicial determination as to the propriety and enforceability of the obligations under this Section 8 9 and the possibility that such payment might later be held to be improper; provided, however, that, to the extent any such payment is ultimately held to be improper, the persons receiving such payments shall promptly refund them.

Appears in 1 contract

Samples: Underwriting Agreement (Eon Communications Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.