Common use of Changes in the Law Clause in Contracts

Changes in the Law. If any change after the date of this Agreement in any applicable law, statute or rule or the Company’s Articles of Incorporation expands the power of the Company to indemnify the Indemnitee, such change shall be within the purview of the Indemnitee’s rights and the Company’s obligations under this Agreement. If any change in any applicable law, statute or rule or the Company’s Articles of Incorporation narrows the right of the Company to indemnify a person such as the Indemnitee, such change, to the extent not otherwise required by such law, statute or rule or the Company’s Articles of Incorporation to be applied to this Agreement, shall have no effect on this Agreement or the parties’ rights and obligations thereunder.

Appears in 3 contracts

Samples: Indemnification Agreement (Premier Exhibitions, Inc.), Indemnification Agreement (Premier Exhibitions, Inc.), Indemnification Agreement (Premier Exhibitions, Inc.)

AutoNDA by SimpleDocs

Changes in the Law. If any change after the date of this Agreement in any applicable law, statute or rule or the Company’s Articles 's Certificate of Incorporation expands the power of the Company to indemnify the Indemnitee, such change shall be within the purview of the Indemnitee’s 's rights and the Company’s 's obligations under this Agreement. If any change in any applicable law, statute or rule or the Company’s Articles 's Certificate of Incorporation narrows the right of the Company to indemnify a person such as the Indemnitee, such change, to the extent not otherwise required by such law, statute or rule or the Company’s Articles 's Certificate of Incorporation to be applied to this Agreement, shall have no effect on this Agreement or the parties' rights and obligations thereunder.

Appears in 1 contract

Samples: Indemnification Agreement (Mego Mortgage Corp)

Changes in the Law. If any change after the date of this Agreement in any applicable law, statute or rule or the Company’s Articles 's Certificate of Incorporation or By-laws expands the power of the Company to indemnify the Indemnitee, such change shall be within the purview of the Indemnitee’s 's rights and the Company’s 's obligations under this Agreement. If any change in any applicable law, statute or rule or the Company’s Articles 's Certificate of Incorporation or By-laws narrows the right of the Company to indemnify a person such as the Indemnitee, such change, to the extent not otherwise required by such law, statute or rule or the Company’s Articles of Incorporation to be applied to this Agreement, shall have no effect on this Agreement or the parties' rights and obligations thereunder.

Appears in 1 contract

Samples: Indemnification Agreement (Mego Financial Corp)

Changes in the Law. If any change after the date of this Agreement in any applicable law, statute or rule or the Company’s 's Articles of Incorporation expands the power of the Company to indemnify the Indemnitee, such change shall be within the purview of the Indemnitee’s 's rights and the Company’s 's obligations under this Agreement. If any change in any applicable law, statute or rule or the Company’s 's Articles of Incorporation narrows the right of the Company to indemnify a person such as the Indemnitee, such change, to the extent not otherwise required by such law, statute or rule or the Company’s 's Articles of Incorporation to be applied to this Agreement, shall have no effect on this Agreement or the parties' rights and obligations thereunder.

Appears in 1 contract

Samples: Indemnification Agreement (Pediatrix Medical Group Inc)

AutoNDA by SimpleDocs

Changes in the Law. If any change after the date of this Agreement in any applicable law, statute or rule or the Company’s Articles of Incorporation expands the power of the Company to indemnify the Indemnitee, such change shall be within the purview of the Indemnitee’s rights and the Company’s obligations under this Agreement. If any change in any applicable law, statute or rule or the Company’s Articles of Incorporation narrows the right of the Company to indemnify a person such as the Indemnitee, such change, to the extent not otherwise required by such law, statute or rule or the Company’s Articles of Incorporation to be applied to this Agreement, shall have no effect on this Agreement or the parties’ rights and obligations thereunder.

Appears in 1 contract

Samples: Indemnification Agreement (Castle Brands Inc)

Changes in the Law. If any change after the date of this Agreement in any applicable law, statute or at rule or the Company’s Articles 's Certificate of Incorporation expands the power of the Company to indemnify the Indemnitee, such change shall be within the purview of the Indemnitee’s 's rights and the Company’s 's obligations under this Agreement. If any change in any applicable law, statute or rule or the Company’s Articles 's Certificate of Incorporation narrows the right of the Company to indemnify a person such as the Indemnitee, such change, to the extent not otherwise required by such law, statute or rule or the Company’s Articles 's Certificate of Incorporation to be applied to this Agreement, shall have no effect on this Agreement or the parties' rights and obligations thereunder.

Appears in 1 contract

Samples: Separation Agreement (Railamerica Inc /De)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!