Common use of Absolute Liability Clause in Contracts

Absolute Liability. Without limiting the generality of paragraph 2.1, the Company shall indemnify the Indemnitees against any Liability in relation to a Claim which is statutorily imposed on the Nominee.

Appears in 5 contracts

Sources: Indemnification & Liability (Clever Leaves Holdings Inc.), Corporate Governance Agreement (Premier Exhibitions, Inc.), Corporate Governance Agreement (Premier Exhibitions, Inc.)

Absolute Liability. Without limiting the generality of paragraph 2.1, the Company shall indemnify the Indemnitees against any Liability in relation to a Claim which is statutorily imposed on the NomineeMember, regardless of the Member’s conduct, and whether or not the Member is at fault.

Appears in 4 contracts

Sources: Arrangement Agreement (Pan American Silver Corp), Arrangement Agreement (Tahoe Resources Inc.), Arrangement Agreement