Xxxxxxxxxx definition
Examples of Xxxxxxxxxx in a sentence
Xxxxxxxxxx & Ebe Engineering Inc., (CONSULTANT) shall provide professional services to the City of Lynden (CITY) for the design, and related documents for the resurfacing of the roadway at the 1st St. and Main St. Overlay Project.
Pursuant to this Section 4, Xxxxxxxxxx shall be indemnified, held harmless and exonerated against all Expenses actually and reasonably incurred by him or her on his or her behalf in connection with such Proceeding or any claim, issue or matter therein, if Xxxxxxxxxx acted in good faith and in a manner he or she reasonably believed to be in or not opposed to the best interests of the Company.
Accordingly, Xxxxxxxxxx acknowledges and agrees that any indemnification provided hereto will only be able to be satisfied by the Company if (i) the Company has sufficient funds outside of the trust account to satisfy its obligations hereunder or (ii) the Company consummates the Business Combination.
Notwithstanding anything herein to the contrary, except for Section 27, to the extent requested by Xxxxxxxxxx and approved by the Board, the Company may at any time and from time to time provide security to Indemnitee for the Company’s obligations hereunder through an irrevocable bank line of credit, funded trust or other collateral.
The project is known as the Xxxxxxxxxx Gold Mine Project (Xxxxxxxxxx Project).