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

Right of Indemnity 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 10 and the Underwriters agree to accept such trust and to hold the rights and benefits of this Section 10 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 Indemnity 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 10 6 and the Underwriters agree to accept such trust and to hold the rights and benefits of this Section 10 6 in trust for and on behalf of such Indemnified Party.

Appears in 4 contracts

Samples: Underwriting Agreement (Aeterna Zentaris Inc.), Underwriting Agreement (Aeterna Zentaris Inc.), Underwriting Agreement (Aeterna Zentaris Inc.)

Right of Indemnity 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 10 11 and the Underwriters agree to accept such trust and to hold the rights and benefits of this Section 10 11 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 Indemnity 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 10 11 and the Underwriters agree to accept such trust and to hold the rights and benefits of this Section 10 11 in trust for and on behalf of such Indemnified Party.

Appears in 1 contract

Samples: Underwriting Agreement (IMRIS Inc.)

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Right of Indemnity 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 10 and the Underwriters agree to accept such trust and to hold the rights and benefits of this Section 10 in trust for and on behalf of such Indemnified Party.this

Appears in 1 contract

Samples: Underwriting Agreement (Dragonwave Inc)

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