Mandatory Indemnification of Eligible Parties. Subject to the Act, the Company must indemnify each eligible party and his or her heirs and legal personal representatives against all eligible penalties to which such person is or may be liable, and the Company must, after the final disposition of an eligible proceeding, pay the expenses actually and reasonably incurred by such person in respect of that proceeding. Each eligible party is deemed to have contracted with the Company on the terms of the indemnity contained in this §20.2.
Appears in 8 contracts
Samples: Rights Agreement (Brookfield Business Partners L.P.), Amalgamation Agreement, Rights Agreement (Brookfield Business Partners L.P.)
Mandatory Indemnification of Eligible Parties. Subject to the Act, the Company must indemnify each eligible party and his or her the heirs and legal personal representatives of each eligible party against all eligible penalties to which such person is or may be liable, and the Company must, after the final disposition of an eligible proceeding, pay the expenses actually and reasonably incurred by such person in respect of that proceeding. Each eligible party is deemed to have contracted with the Company on the terms of the indemnity contained in this §20.221.2.
Appears in 5 contracts
Samples: Amalgamation Agreement, Incorporation Agreement, Amalgamation Agreement
Mandatory Indemnification of Eligible Parties. Subject to the Act, the Company must indemnify each eligible party and his or her the heirs and legal personal representatives of each eligible party against all eligible penalties to which such person is or may be liable, and the Company must, after the final disposition of an eligible proceeding, pay the expenses actually and reasonably incurred by such person in respect of that proceeding. Each eligible party is deemed to have contracted with the Company on the terms of the indemnity contained in this §20.2.
Appears in 2 contracts
Samples: Business Combination Agreement (Plum Acquisition Corp. III), Amalgamation Agreement (Cannex Capital Holdings Inc.)
Mandatory Indemnification of Eligible Parties. Subject to the Act, the Company must indemnify each eligible party and his or her heirs and legal personal representatives against all eligible penalties to which such person is or may be liable, and the Company must, after the final disposition of an eligible proceeding, pay the expenses actually and reasonably incurred by such person in respect of that proceeding. Each eligible party is deemed to have contracted with the Company on the terms of the indemnity contained in this §20.2.. Table of Contents
Appears in 2 contracts
Samples: Rights Agreement (Brookfield Renewable Corp), Rights Agreement (Brookfield Renewable Corp)
Mandatory Indemnification of Eligible Parties. Subject to the Act, the Company must indemnify each eligible party a director or former director of the Company and his or her heirs and legal personal representatives against all eligible penalties to which such person is or may be liable, and the Company must, after the final disposition of an eligible proceeding, pay the expenses actually and reasonably incurred by such person in respect of that proceeding. Each eligible party director or officer is deemed to have contracted with the Company on the terms of the indemnity contained in this §20.221.2.
Appears in 2 contracts
Samples: Amending Agreement (Hawthorne Gold Corp.), Arrangement Agreement (Hawthorne Gold Corp.)
Mandatory Indemnification of Eligible Parties. Subject to the Act, the Company must indemnify each an eligible party and his or her heirs and legal personal representatives against all eligible penalties to which such person is or may be liable, and the Company must, after the final disposition of an eligible proceeding, pay the expenses actually and reasonably incurred by such person in respect of that proceeding. Each eligible party is deemed to have contracted with the Company on the terms of the indemnity contained in this §Article 20.2.
Appears in 1 contract
Samples: Business Combination Agreement (Acreage Holdings, Inc.)
