Payment of Judgment Sample Clauses

Payment of Judgment. In the event that there shall be any judgment, award, ruling, settlement, or other relief arising out of any such action or proceeding to which any of the Indemnified Parties are bound by, Consultant/Professional shall pay, satisfy or otherwise discharge any such judgment, award, ruling, settlement or relief and shall indemnify and hold harmless the Indemnified Parties from any and all liability or responsibility arising out of any such judgment, award, ruling, settlement or relief.
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Payment of Judgment. The Indemnitor shall pay any Judgment which may be given against the Indemnitee unless any of the circumstances in subsection 1.8 applies to the Action in respect of which the Judgment is given or unless and to the extent the Indemnitee is otherwise entitled to indemnity under the policy of insurance as contemplated by subsection 1.9 in either case, the Indemnitee shall pay to the Indemnitor, within 30 days of the Indemnitor making demand therefor, all fees, costs and expenses (including legal fees and disbursements on a full indemnity basis) which result from the defence and appeal of the Action, including the costs of any investigation undertaken by the Indemnitor in connection with the Action, but only, in the case of indemnity under a policy of insurance, to the extent of any proceeds received under the policy.
Sample 1Sample 2See All (7)
Payment of Judgment. The Company will pay any Judgment that may be given against the Indemnitee unless any of the circumstances in Section 1.2 applies to the Action in respect of which the Judgment is given or unless and to the extent the Indemnitee is otherwise entitled to indemnity under the policy of insurance as contemplated by Section 1.8 of this Agreement and in either case, the Indemnitee will pay to the Company, within 30 days of the Company making demand therefore, all fees, costs and expenses (including legal fees and disbursements on a full indemnity basis) which result from the defence and appeal of the Action, including the costs of any investigation undertaken by the Company in connection with the Action.
Sample 1
Payment of Judgment. The Casino Operator shall promptly pay and discharge any final and non-appealable judgment or ruling rendered on a Claim subject to indemnification.
Sample 1
Payment of Judgment. The Corporation shall pay any Judgment which may be given against the Director, unless the court or tribunal which pronounces the Judgment finds as a fact that the Director was guilty of the acts specified in Section 3.2, (unless Section 3.3(b)(i) applies and court approval to the indemnity can be obtained) in which case the Director shall pay to the Corporation, within sixty (60) days of the Corporation making demand therefor, all fees, costs and expenses resulting from the defence and appeal of the Action incurred by the Corporation, including the cost of any investigation undertaken by the Corporation in connection with the Action.
Sample 1
Payment of Judgment. The Employer agrees to pay any judgment rendered against the teacher if the Employer has provided legal service to the teacher pursuant to this Article. If the Employer has provided legal services under reservation, the obligation to pay a judgment against the teacher is not operative until a final determination is made by the Employer of the teacher’s eligibility for legal services under this Article. If the Employer has determined that the teacher is not eligible for legal services under this Article, the Employer has no liability whatsoever to the teacher or to any other person as a result of such determination unless a court of competent jurisdiction determines that the teacher was acting in good faith, with reasonable care and diligence and within the scope of employment. Upon such a determination by the court, costs and fees will be borne by the State.
Sample 1
Payment of Judgment. The Indemnitor shall pay any Judgment which may be given against the Indemnitee unless any of the circumstances in subsection 1.7 applies to the Action in respect of which the Judgment is given or unless and to the extent the Indemnitee is otherwise entitled to indemnity under the policy of insurance as contemplated by subsection 1.8 in either case, the Indemnitee shall pay to the Indemnitor, within 60 days of the Indemnitor making demand therefor, all fees, costs and expenses (including legal fees and disbursements on a full
Sample 1
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Related to Payment of Judgment

  • Enforceability of Judgment Any final judgment for a fixed or readily calculable sum of money rendered by a New York Court having jurisdiction under its own domestic laws in respect of any suit, action or proceeding against the Company based upon this Agreement or the Deposit Agreement and any instruments or agreements entered into for the consummation of the transactions contemplated herein and therein would be recognized and enforced against the Company in the courts of the Cayman Islands, Hong Kong and the PRC (as the case may be), without re-examination or review of the merits of the cause of action in respect of which the original judgment was given or re-litigation of the matters adjudicated upon, by xxx xxxxxx xx xxx Xxxxxx Xxxxxxx, Xxxx Xxxx and PRC, provided that (i) with respect to courts of the Cayman Islands, such judgment (A) is given by a foreign court of competent jurisdiction, (B) imposes on the judgment debtor a liability to pay a liquidated sum for which the judgment has been given, (C) is not in respect of taxes, a fine or a penalty, and (D) was not obtained in a manner and is not of a kind the enforcement of which is contrary to natural justice or the public policy of the Cayman Islands, and (ii) with respect to courts of the PRC, (A) adequate service of process has been effected and the defendant has had a reasonable opportunity to be heard, (B) such judgments or the enforcement thereof are not contrary to the law, public policy, security or sovereignty of the PRC, (C) such judgments were not obtained by fraudulent means and do not conflict with any other valid judgment in the same matter between the same parties and (D) an action between the same parties in the same matter is not pending in any PRC court at the time the lawsuit is instituted in a foreign court. The Company is not aware of any reason why the enforcement in the Cayman Islands, Hong Kong or the PRC of such a New York Court judgment would be, as of the date hereof, contrary to public policy of the Cayman Islands, Hong Kong or PRC.

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