Common use of Payment of Judgment Clause in Contracts

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

Appears in 2 contracts

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

AutoNDA by SimpleDocs

Payment of Judgment. The Indemnitor will shall pay any Judgment which may be given against the Indemnitee unless any of the circumstances in Section 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 Section 1.9. In subsection 1.9 in either case, the Indemnitee will shall pay to the Indemnitor, within 60 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: Indemnity Agreement (CRH Medical Corp), Indemnity Agreement (Response Biomedical Corp)

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

Appears in 1 contract

Samples: Employment Agreement (Unbridled Energy CORP)

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

Appears in 1 contract

Samples: Agreement (Oncogenex Technologies Inc)

AutoNDA by SimpleDocs

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

Appears in 1 contract

Samples: Employment Agreement (Unbridled Energy CORP)

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