Common use of Company May Purchase Insurance Clause in Contracts

Company May Purchase Insurance. The Company may purchase and maintain insurance for the benefit of any eligible party (or the heirs or legal personal representatives of any eligible party) against any liability incurred by any eligible party.

Appears in 11 contracts

Samples: Business Combination Agreement (Plum Acquisition Corp. III), Rights Agreement (Brookfield Business Partners L.P.), Amalgamation Agreement

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Company May Purchase Insurance. The Company may purchase and maintain insurance for the benefit of any eligible party person (or the his or her heirs or legal personal representatives of any eligible partyrepresentatives) against any liability incurred by any eligible partyhim or her as such director, officer or person who holds or held such equivalent position.

Appears in 2 contracts

Samples: Amending Agreement (Hawthorne Gold Corp.), Arrangement Agreement (Hawthorne Gold Corp.)

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