Indemnity Clause Example from Business Contracts

Indemnity. The Company shall indemnify the Advisor and its affiliates and directors, officers, employees, stockholders, representatives and agents in accordance with the indemnification provisions set forth in Schedule I of the engagement letter (the "Engagement Letter") , all of which are incorporated herein by reference. Notwithstanding the foregoing and Schedule I, the Advisor agrees, if there is no Closing, (i) that it does not have any right, title, interest or claim of any kind in or to any monies... in the Company's trust account ("Trust Account") established in connection with the IPO with respect to the Fee (each, a "Claim"); (ii) to waive any Claim it may have in the future as a result of, or arising out of, any services provided to the Company hereunder; and (iii) to not seek recourse against the Trust Account with respect to the Fee. View More