Common use of Security for Indemnity Clause in Contracts

Security for Indemnity. The Corporation and Stockholder hereby agree that in the event either Omega or OHSI is entitled to indemnification pursuant to the provisions of this Article IX and either the Corporation or Stockholder does not pay to Omega or OHSI the amount due hereunder, then Omega or OHSI shall be entitled to exercise those rights set forth in that certain Stock Pledge and Escrow Agreement, dated as of September 30, 1997, by and among Omega, OHSI, and Stockholder.

Security for Indemnity. The Corporation Corporations and Stockholder hereby agree that in the event either Omega or OHSI is entitled to indemnification pursuant to the provisions of this Article IX and either the Corporation Corporations or Stockholder does not pay to Omega or OHSI the amount due hereunder, then Omega or OHSI shall be entitled to exercise those rights set forth in that certain Stock Pledge and Escrow Agreement, dated as of September 30March 1, 1997, by and among Omega, OHSI, and Stockholder.

Security for Indemnity. The Corporation and Stockholder hereby agree that in the event either Omega or OHSI is entitled to indemnification pursuant to the provisions of this Article ARTICLE IX and either the Corporation or Stockholder does not pay to Omega or OHSI the amount due hereunder, then Omega or OHSI shall be entitled to exercise those rights set forth in that certain Stock Pledge and Escrow Agreement, dated as of September 30May 1, 1997, by and among Omega, OHSI, and Stockholder.

Security for Indemnity. The Corporation and Stockholder hereby agree that in the event either Omega or OHSI is entitled to indemnification pursuant to the provisions of this Article IX and either the Corporation or Stockholder does not pay to Omega or OHSI the amount due hereunder, then Omega or OHSI shall be entitled to exercise those rights set forth in that certain Stock Pledge and Escrow Agreement, dated as of September 30, 1997, by and among Omega, OHSI, and Stockholder.forth