Common use of Specific Indemnity for Statutory Obligations Clause in Contracts

Specific Indemnity for Statutory Obligations. Without limiting the generality of the preceding Sections 2.1(a) through (e) of this Agreement, the Corporation agrees, to the fullest extent permitted by law, to indemnify and save the Indemnified Party harmless from and against any and all Losses arising by operation of statute and incurred by or imposed upon the Indemnified Party in relation to the affairs of the Corporation in the Indemnified Party’s capacity as a director or officer thereof, including but not limited to all statutory obligations to creditors, employees, suppliers, contractors, subcontractors, and any government or any agency or division of any government, whether federal, provincial, state, regional or municipal, or which in any way involve the business or affairs of the Corporation or the other entity for which the Indemnified Party acted as a director and/or officer or in similar capacity at the Corporation’s request, provided that the indemnity provided for in this Section 2.1(g) will be available unless it is determined by a court of competent jurisdiction that the Indemnified Party has not fulfilled the conditions in Section 2.1(b) above.

Appears in 1 contract

Samples: Indemnity Agreement (Dirtt Environmental Solutions LTD)

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Specific Indemnity for Statutory Obligations. Without limiting the generality of the preceding Sections 2.1(a) through (e) of this Agreement, the Corporation agrees, to the fullest extent permitted by law, to indemnify and save the Indemnified Party harmless from and against any and all Losses arising by operation of statute and incurred by or imposed upon the Indemnified Party in relation to the affairs of the Corporation in the Indemnified Party’s capacity as a director or officer thereof, including but not limited to all statutory obligations to creditors, employees, suppliers, contractors, subcontractors, and any government or any agency or division of any government, whether federal, provincial, state, regional or municipal, or which in any way involve the business or affairs of the Corporation or the other entity for which the Indemnified Party acted as a director and/or officer or in similar capacity at the Corporation’s request, provided that the indemnity provided for in this Section 2.1(g) will only be available unless it is determined by a court of competent jurisdiction that if the Indemnified Party has not fulfilled fulfils the conditions in Section 2.1(b) above.

Appears in 1 contract

Samples: Indemnity Agreement (Dirtt Environmental Solutions LTD)

Specific Indemnity for Statutory Obligations. Without limiting the generality of the preceding Sections 2.1(a) through (ef) of this Agreement, the Corporation agrees, to the fullest extent permitted by law, to indemnify and save the Indemnified Party harmless from and against any and all Losses arising by operation of statute and incurred by or imposed upon the Indemnified Party in relation to the affairs of the Corporation in the Indemnified Party’s capacity as a director or officer thereof, including but not limited to all statutory obligations to creditors, employees, suppliers, contractors, subcontractors, and any government or any agency or division of any government, whether federal, provincial, state, regional or municipal, or which in any way involve the business or affairs of the Corporation or the other entity for which the Indemnified Party acted as a director and/or officer or in similar capacity at the Corporation’s request, provided that the indemnity provided for in this Section 2.1(g) will only be available unless it is determined by a court of competent jurisdiction that if the Indemnified Party has not fulfilled fulfils the conditions in Section 2.1(b) above.

Appears in 1 contract

Samples: Indemnity Agreement (Energy Fuels Inc)

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Specific Indemnity for Statutory Obligations. Without limiting the generality of the preceding Sections 2.1(a) through (e) of this Agreement, the Corporation agrees, to the fullest extent permitted by law, to indemnify and save hold the Indemnified Party harmless harmless, including through advancement of moneys under Section 2.1(i), from and against any and all Losses arising by operation of statute and incurred by or imposed upon the Indemnified Party in relation to the affairs of the Corporation in the Indemnified Party’s capacity as a director or officer thereof, including but not limited to all statutory obligations to creditors, employees, suppliers, contractors, subcontractors, and any government or any agency or division of any government, whether federal, provincial, state, regional or municipal, or foreign or which in any way involve the business or affairs of the Corporation or the other entity for which the Indemnified Party acted as a director and/or officer or in similar capacity at the Corporation’s request, provided that the indemnity provided for in this Section 2.1(g) will only be available unless it is determined by a court of competent jurisdiction that if the Indemnified Party has not fulfilled fulfils the conditions in Section 2.1(b) above.

Appears in 1 contract

Samples: Indemnity Agreement (PointClickCare Corp.)

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