Indemnities Held in Trust Sample Clauses

Indemnities Held in Trust. To the extent that any Person entitled to be indemnified hereunder is not a party to this Agreement, the Purchaser shall obtain and hold the rights and benefits of this Agreement in trust for, and on behalf of, such Person and such Person shall be entitled to enforce the provisions of this section notwithstanding that such Person is not a party to this Agreement.
AutoNDA by SimpleDocs
Indemnities Held in Trust. To the extent that any Person entitled to --------------------------- be indemnified hereunder is not a party to this Subscription Agreement, the Subscriber shall obtain and hold the rights and benefits of this Subscription Agreement in trust for, and on behalf of, such Person and such Person shall be entitled to enforce the provisions of this section notwithstanding that such Person is not a party to this Subscription Agreement.
Indemnities Held in Trust. To the extent that any Person entitled to be indemnified hereunder is not a party to the Agreement, the Co-Lead Underwriters shall obtain and hold the rights and benefits of the Agreement in trust for, and on behalf of, such Person and such Person shall be entitled to enforce the provisions of this Section notwithstanding that such Person is not a party to the Agreement.
Indemnities Held in Trust. To the extent that any Person entitled to be indemnified hereunder is not a party to this Agreement, the Subscriber shall obtain and hold the rights and benefits of this Agreement in trust for, and on behalf of, such Person and such Person shall be entitled to enforce the provisions of this section notwithstanding that such Person is not a party to this Agreement.
Indemnities Held in Trust. To the extent that any Person entitled to be indemnified hereunder is not a party to the Agreement, Dundee shall obtain and hold the rights and benefits of the Agreement in trust for, and on behalf of, such Person and such Person shall be entitled to enforce the provisions of this section notwithstanding that such Person is not a party to the Agreement.

Related to Indemnities Held in Trust

  • Moneys Held in Trust Subject to the provisions of Section 11.05, all moneys received by the Trustee shall, until used or applied as herein provided, be held in trust for the purposes for which they were received, but need not be segregated from other funds except to the extent required by law. The Trustee shall be under no liability for interest on any moneys received by it hereunder except such as it may agree with the Company to pay thereon.

Time is Money Join Law Insider Premium to draft better contracts faster.