Common use of Prohibited Payment Clause in Contracts

Prohibited Payment. To indemnify for Judgments or advance Expenses to Indemnitee for any Judgment that the Company is prohibited by applicable law from paying as indemnity, provided, however, nothing herein shall be deemed to restrict the ability of Indemnitee to obtain benefits under any insurance policy or policies or the Company's obligations under Section 7 to support Indemnitee's efforts to obtain such insurance benefits from the insurer(s).

Prohibited Payment. To indemnify Indemnitee for Judgments or advance Expenses to Indemnitee for any Judgment that the Company is prohibited by applicable law from paying as indemnity, provided, however, nothing herein shall be deemed to restrict the ability of Indemnitee to obtain benefits under any insurance policy or policies or the Company's ’s obligations under Section 7 to support Indemnitee's ’s efforts to obtain such insurance benefits from the insurer(s).