Common use of Right of Contribution in Favour of Others Clause in Contracts

Right of Contribution in Favour of Others. With respect to any Indemnified Party who is not a party to this Agreement, it is the intention of the Company to constitute the Underwriters as trustee for such Indemnified Party of the rights and benefits of this Section 11 and the Underwriters agree to accept such trust and to hold the rights and benefits of this section in trust for and on behalf of such Indemnified Party.

Appears in 6 contracts

Samples: Underwriting Agreement (Neptune Technologies & Bioressources Inc.), Underwriting Agreement (Neptune Technologies & Bioressources Inc.), Underwriting Agreement (Acasti Pharma Inc.)

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Right of Contribution in Favour of Others. With respect to any Indemnified Party who is not a party to this Agreement, it is the intention of the Company and the Selling Shareholders to constitute the Underwriters as trustee for such Indemnified Party of the rights and benefits of this Section 11 12 and the Underwriters agree to accept such trust and to hold the rights and benefits of this section in trust for and on behalf of such Indemnified Party.

Appears in 2 contracts

Samples: Underwriting Agreement (IMRIS Inc.), Underwriting Agreement (Dragonwave Inc)

Right of Contribution in Favour of Others. With respect to any Indemnified Party who is not a party to this Agreement, it is the intention of the Company and the Selling Shareholder to constitute the Underwriters as trustee for such Indemnified Party of the rights and benefits of this Section 11 12 and the Underwriters agree to accept such trust and to hold the rights and benefits of this section in trust for and on behalf of such Indemnified Party.

Appears in 1 contract

Samples: Underwriting Agreement (IMRIS Inc.)

Right of Contribution in Favour of Others. With respect to any Indemnified Party who is not a party to this Agreement, it is the intention of the Company to constitute the Underwriters as trustee for such Indemnified Party of the rights and benefits of this Section 11 12 and the Underwriters agree to accept such trust and to hold the rights and benefits of this section in trust for and on behalf of such Indemnified Party.

Appears in 1 contract

Samples: Underwriting Agreement (Dragonwave Inc)

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Right of Contribution in Favour of Others. With respect to any Indemnified Party who is not a party to this Agreement, it is the intention of the Company Corporation to constitute the Underwriters as trustee trustees for such Indemnified Party of the rights and benefits of this Section 11 and the Underwriters agree to accept such trust and to hold the rights and benefits of this section Section in trust for and an on behalf of such Indemnified Party.

Appears in 1 contract

Samples: Underwriting Agreement (Farallon Resources Ltd.)

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