Indemnity Clause Example from Business Contracts

Indemnity. The Company shall indemnify the Advisors and their 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) 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. 2 6. Use of Name and Reports. Without each Advisor's prior written consent, neither the Company nor any of its affiliates (nor any director, officer, manager, partner, member, employee or agent thereof) shall quote or refer to (i) any Advisor's name or (ii) any advice rendered by any Advisor to the Company or any communication from any Advisor in connection with performance of the Services hereunder, except as required by applicable federal or state law, regulation or securities exchange rule. View More