Court Approvals. If the payment of an indemnity hereunder requires the approval of a court under the provisions of the Canada Business Corporations Act or otherwise, either of the Corporation or, failing the Corporation, the Indemnified Party may apply to a court of competent jurisdiction for an order approving the indemnity of the Indemnified Party pursuant to this Agreement.
Appears in 12 contracts
Samples: Employment Agreement, Employment Agreement (Ritchie Bros Auctioneers Inc), Employment Agreement (Ritchie Bros Auctioneers Inc)
Court Approvals. If the payment of an indemnity hereunder requires the approval of a court under the provisions of the Canada Business Corporations Act (British Columbia) or otherwise, either of the Corporation or, failing the Corporation, the Indemnified Party may apply to a court of competent jurisdiction for an order approving such indemnity by the indemnity Corporation of the Indemnified Party pursuant to this Agreement.
Appears in 1 contract
Samples: Indemnification Agreement (International Absorbents Inc)
