Common use of Indemnification for Expenses Incurred in Enforcing Rights Clause in Contracts

Indemnification for Expenses Incurred in Enforcing Rights. The Company shall indemnify Indemnitee against any and all Expenses that are incurred by Indemnitee in seeking (i) indemnification of Expenses by the Company under this Agreement or any other agreement or under applicable law or the Company’s Articles of Association or Bye-laws now or hereafter in effect relating to indemnification for Indemnifiable Events, and/or (ii) recovery under directors’ and officers’ liability insurance policies maintained by the Company, but only in the event that Indemnitee ultimately is determined to be entitled to such indemnification or insurance recovery, as the case may be. In addition, the Company shall, if so requested by Indemnitee, advance the foregoing Expenses to Indemnitee (to the extent that the Company is permitted to under applicable law), subject to and in accordance with Section 2(c).

Appears in 4 contracts

Samples: Indemnification Agreement, Indemnification Agreement, Indemnification Agreement (China Yuchai International LTD)

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Indemnification for Expenses Incurred in Enforcing Rights. The Company shall indemnify Indemnitee against any and all Expenses that are incurred by Indemnitee in seeking (i) indemnification of Expenses by the Company under this Agreement or any other agreement or under applicable law or the Company’s Articles of Association or Bye-laws now or hereafter in effect relating to indemnification for Indemnifiable Events, and/or (ii) recovery under directors’ and officers’ liability insurance policies maintained by the Company, but only in the event that Indemnitee ultimately is determined to be entitled to such indemnification or insurance recovery, as the case may be. In addition, the Company shall, if so requested by Indemnitee, advance the foregoing Expenses to Indemnitee (to the extent that the Company is permitted to under applicable law), subject to and in accordance with Section 2(c).

Appears in 3 contracts

Samples: Indemnification Agreement (China Yuchai International LTD), Indemnification Agreement (China Yuchai International LTD), Indemnification Agreement (China Yuchai International LTD)

Indemnification for Expenses Incurred in Enforcing Rights. The Company shall indemnify Indemnitee against any and all Expenses that are incurred by Indemnitee in seeking connection with any action brought by Indemnitee for (ia) indemnification or advance payment of Expenses by the Company under this Agreement or any other agreement or under applicable law or the Company’s Articles of Association or Bye-laws now or hereafter in effect relating to indemnification for Indemnifiable Events, and/or and/or (iib) recovery under directors’ and officers’ liability insurance policies maintained by the Company, but only in the event that Indemnitee ultimately is determined to be entitled to such indemnification or insurance recovery, as the case may be. In addition, the Company shall, if so requested by Indemnitee, advance the foregoing Expenses to Indemnitee (to the extent that the Company is permitted to under applicable law)Indemnitee, subject to and in accordance with Section 2(c).

Appears in 2 contracts

Samples: Indemnification Agreement (Ace LTD), Indemnification Agreement (Ace LTD)

Indemnification for Expenses Incurred in Enforcing Rights. The Company shall indemnify Indemnitee against any and all Expenses expenses that are incurred by Indemnitee in seeking connection with any action brought by Indemnitee for: (i) indemnification of Expenses by the Company under this Agreement or any other agreement or under applicable law or the Company’s Articles of Association or Bye-laws now or hereafter in effect relating to indemnification for Indemnifiable Events, and/or ; and (ii) recovery under directors’ any directors and officers’ officers liability insurance policies maintained by the Company, ; but only in the event that Indemnitee ultimately is determined to be entitled to such the indemnification or insurance recovery, as the case may be. In addition, the Company shall, if so requested by Indemnitee, advance the foregoing Expenses to Indemnitee (to the extent that the Company is permitted to under applicable law)Indemnitee, subject to and in accordance with Section 2(c).

Appears in 1 contract

Samples: Indemnification Agreement (Public Service Co of New Mexico)

Indemnification for Expenses Incurred in Enforcing Rights. The Company shall indemnify Indemnitee against any and all Expenses that are incurred by Indemnitee in seeking connection with any action brought by Indemnitee for (ia) indemnification or advance payment of Expenses by the Company under this Agreement or any other agreement or under applicable law or the Company’s Articles of Association or Bye-laws now or hereafter in effect relating to indemnification for Indemnifiable Events, and/or and/or (iib) recovery under directors’ and officers’ liability insurance policies maintained by the Company, but only in the event that Indemnitee ultimately is determined to be entitled to such indemnification or insurance recovery, as the case may be. In addition, the Company shall, if so requested by Indemnitee, advance the foregoing Expenses to Indemnitee (to the extent that the Company is permitted to under applicable law)Indemnitee, subject to and in accordance with Section 2(c).

Appears in 1 contract

Samples: Indemnification Agreement (Ambarella Inc)

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Indemnification for Expenses Incurred in Enforcing Rights. The Company shall indemnify Indemnitee against any and all Expenses that are incurred by Indemnitee in seeking (i) connection with any action brought by Indemnitee for indemnification of Expenses by the Company or an Expense Advance under this Agreement or any other agreement or under applicable law or under the Company’s Articles Certificate of Association Incorporation or Bye-laws Bylaws now or hereafter in effect relating to indemnification for Indemnifiable Events, and/or (ii) and for recovery under directors’ and officers’ liability insurance policies maintained by the Company, but only in the event that Indemnitee ultimately is determined to be entitled to such indemnification indemnification, Expense Advance, or insurance recovery, as the case may be. In addition, the The Company shall, if so requested by Indemnitee, shall advance the foregoing Expenses to Indemnitee (to the extent that the Company is permitted to under applicable law)Indemnitee, subject to and in accordance with Section 2(c).

Appears in 1 contract

Samples: Indemnification Agreement (Pier 1 Imports Inc/De)

Indemnification for Expenses Incurred in Enforcing Rights. The Company shall indemnify Indemnitee against any and all Expenses that are incurred by Indemnitee in seeking connection with any action brought by Indemnitee for: (i) indemnification or advance payment of Expenses by the Company under this Agreement or any other agreement or under applicable law or the Company’s Articles of Association or Bye-laws Bylaws now or hereafter in effect relating to indemnification for Indemnifiable Events, and/or ; and/or (ii) recovery under directors’ and officers’ liability insurance policies maintained by the Company, but only in the event that Indemnitee ultimately is determined to be entitled to such indemnification or insurance recovery, as the case may be. In addition, the Company shall, if so requested by Indemnitee, advance the foregoing Expenses to Indemnitee (to the extent that the Company is permitted to under applicable law)Indemnitee, subject to and in accordance with Section 2(c).

Appears in 1 contract

Samples: Share Exchange Agreement (Bright Mountain Media, Inc.)

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