Indemnity Clause Example from Business Contracts

This example Indemnity clause appears in 2 contracts from 1 company

Indemnity. The Company shall indemnify the Advisors and their affiliates and its and their respective 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 I, the Advisors agree, 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 foregoing indemnity (each, a "Claim"); (ii) to waive any Claim it may have in the future; and (iii) to not seek recourse against the Trust Account with respect to any Claim. 2 6. Use of Name and Reports. Without the Advisors' prior written consent, neither the Company nor any of its affiliates (nor any director, officer, manager, partner, member, employee, representative or agent thereof) shall quote or refer to (i) the Advisors' name or (ii) any advice rendered by the Advisors to the Company or any communication from the Advisors in connection with performance of their services hereunder, except as required by applicable federal or state law, regulation or securities exchange rule. The Advisors hereby consent to the use of the Advisors' name and a description of this Agreement, including a general description of the services to be provided by the Advisors hereunder and the Fee, in the Registration Statement and the preliminary and final prospectus included as a part of the Registration Statement, the Company's registration statement filed pursuant to the Securities Exchange Act of 1934, as amended, the Company's current reports on Form 8-K filed in connection with the IPO, the Company's periodic reports on Forms 10-K and 10-Q, and any proxy statement, prospectus, or tender offer materials prepared by or on behalf of the Company in connection with the Business Combination. View More