Right of Indemnity in Favour of Others. The Indemnifiers acknowledge and agree that the Underwriters are contracting on their own behalf and as agents for their respective affiliates, directors, officers, employees, partners, agents, advisors and shareholders and accordingly hereby constitute the Underwriters as trustees for any other Indemnified Party for the covenants of the Indemnifiers contained in this section 14 and the Underwriters agree to accept such trust and to hold such covenants on behalf of such persons.
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Samples: Underwriting Agreement (Silver Standard Resources Inc), Underwriting Agreement (Silver Standard Resources Inc), Underwriting Agreement (Pretium Resources Inc.)
Right of Indemnity in Favour of Others. The Indemnifiers acknowledge and agree that the Underwriters are contracting on their own behalf and as agents for their respective affiliates, directors, officers, employees, partners, agents, advisors and shareholders and accordingly hereby constitute the Underwriters as trustees for any other Indemnified Party for the covenants of the Indemnifiers contained in this section 14 11 and the Underwriters agree to accept such trust and to hold such covenants on behalf of such persons.
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