Common use of Indemnification of Directors Clause in Contracts

Indemnification of Directors. The directors must cause the Company to indemnify its directors and former directors, and their respective heirs and personal or other legal representatives to the greatest extent permitted by Division 5 of Part 5 of the Business Corporations Act.

Appears in 14 contracts

Samples: Amalgamation Agreement (Asep Medical Holdings Inc.), Amalgamation Agreement (Asep Medical Holdings Inc.), Amalgamation Agreement

AutoNDA by SimpleDocs

Indemnification of Directors. The directors must cause the Company to indemnify its directors and former directors, directors and their respective heirs and personal or other legal personal representatives to the greatest extent permitted by Division 5 of Part 5 of the Business Corporations Act.

Appears in 3 contracts

Samples: Class a Preferred Share Purchase Agreement (Mechanical Technology Inc), Business Combination Agreement (Acreage Holdings, Inc.), Business Combination Agreement

AutoNDA by SimpleDocs

Indemnification of Directors. The directors must cause the Company to indemnify its directors and former directors, and their respective heirs and personal or other legal representatives to the greatest extent permitted by Division 5 of Part 5 of the Business Corporations Act.. DEEMED CONTRACT

Appears in 1 contract

Samples: Registered and Records Office Agreement (Free DA Connection Systems, Inc.)

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