Common use of Payment of Judgment Clause in Contracts

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.

Appears in 2 contracts

Samples: Indemnification Agreement (CRH Medical Corp), Indemnification Agreement (Response Biomedical Corp)

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Payment of Judgment. The Indemnitor shall will pay any Judgment which may be given against the Indemnitee unless any of the circumstances in subsection Section 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 Section 1.9. In either case, the Indemnitee shall will pay to the Indemnitor, within 30 60 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.

Appears in 2 contracts

Samples: Employment Agreement (Unbridled Energy CORP), Employment Agreement (Unbridled Energy CORP)

Payment of Judgment. The Indemnitor lndemnitor shall pay any Judgment which may be given against the Indemnitee unless any of the circumstances in subsection Section 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 Section 1.9. In either case, the Indemnitee shall pay to the Indemnitorlndemnitor, within 30 60 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.

Appears in 1 contract

Samples: Employment Agreement (Unbridled Energy CORP)

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 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 1.9 1.8 in either case, the Indemnitee shall pay to the Indemnitor, within 30 60 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.

Appears in 1 contract

Samples: Shareholder Agreement (Oncogenex Technologies Inc)

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Payment of Judgment. The Indemnitor shall will pay any Judgment which may be given against the Indemnitee unless any of the circumstances in subsection 1.8 Section 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 Section 1.9. In either case, the Indemnitee shall will pay to the Indemnitor, within 30 60 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.

Appears in 1 contract

Samples: Employment Agreement (Unbridled Energy CORP)

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