Common use of Agency for Directors, Officers and Employees Clause in Contracts

Agency for Directors, Officers and Employees. Each of the Buyer and Seller agrees that it accepts each indemnity in favour of its directors, officers and employees as agent and trustee of each such director, officer and employee. Each Party agrees that an Indemnified Party may enforce an indemnity in favour of any of that Party’s directors, officers and employees on behalf of each such director, officer and employee.

Agency for Directors, Officers and Employees. Each of the Buyer and Seller Party agrees that it accepts to accept each indemnity in favour of its an Indemnified Party’s directors, officers officers, employees, agents and employees shareholders as agent and trustee of each such director, officer employee, agent and employeeshareholder. Each Party agrees that an Indemnified Party may enforce an indemnity in favour of any of that the other Party’s directors, officers officers, employees, agents and employees shareholders on behalf of each such director, officer and officer, employee, agent or shareholder.

Agency for Directors, Officers and Employees. Each of the Buyer and Seller Party agrees that it accepts to accept each indemnity in favour of its an Indemnified Party’s directors, officers officers, employees, agents and employees shareholders as agent and trustee of each such director, officer and employee. Each Party agrees that an Indemnified Party may enforce an indemnity in favour of any of that the Indemnified Party’s directors, officers officers, employees, agents and employees shareholders on behalf of each such director, officer and officer, employee, agent or shareholder.