Common use of Procedures Valid Clause in Contracts

Procedures Valid. The Corporation shall be precluded from asserting in any judicial proceeding or arbitration commenced pursuant to this Article VIII that the procedures and presumptions of this Agreement are not valid, binding and enforceable and shall stipulate in any such court or before any such arbitrator that the Corporation is bound by all the provisions of this Agreement.

Appears in 4 contracts

Samples: Indemnification Agreement (Ayurcore Inc), Form of Officer and Director Indemnification Agreement (Cybershop International Inc), Indemnification Agreement (International Sports Wagering Inc)

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Procedures Valid. The Corporation shall be precluded from asserting in any judicial proceeding or arbitration commenced pursuant to this Article VIII Paragraph 11 that the procedures and presumptions of this Agreement are not valid, binding and enforceable and shall stipulate in any such court or before any such arbitrator that the Corporation is bound by all the provisions of this Agreement.

Appears in 1 contract

Samples: Indemnification Agreement (American Science & Engineering, Inc.)

Procedures Valid. The Corporation shall be precluded from asserting in any judicial proceeding or arbitration commenced pursuant to this Article VIII Section 14 that the procedures and presumptions of this Agreement Sections 12 and 13 are not valid, binding and enforceable and shall stipulate in any such court or before any such arbitrator that the Corporation is bound by all the provisions of this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Nabors Industries Inc)

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Procedures Valid. The Corporation shall be precluded from asserting in any judicial proceeding or arbitration commenced pursuant to this Article VIII Section 6 that the procedures and presumptions of this Agreement Sections 4 and 5 are not valid, binding and enforceable and shall stipulate in any such court or before any such arbitrator that the Corporation is bound by all the provisions of this Agreement.

Appears in 1 contract

Samples: Indemnity Agreement (Nabors Industries Inc)

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