Indemnity Clause Example from Business Contracts

This example Indemnity clause appears in 7 contracts from 5 companies

Indemnity. The Company shall indemnify each Advisor and its affiliates and directors, officers, employees, shareholders, representatives and agents in accordance with the indemnification provisions set forth in Annex I hereto, all of which are incorporated herein by reference. Notwithstanding the foregoing and Annex 1, each Advisor agrees, if there is no Closing, (i) they do 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 they 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