Common use of Application to Court Clause in Contracts

Application to Court. If any payment by the Company under this Indemnity Agreement would be prohibited under paragraph 3 unless approved by a court, or if there shall be a disagreement between the Company and any Indemnitee as to whether or not an indemnification under this Indemnity Agreement would be prohibited under paragraph 3 unless approved by the court, the Company, at its own expense and in good faith, will promptly take proceedings to obtain that approval or such other appropriate determination. The Company shall indemnify the Indemnitees for the amount of all costs incurred by any or all of them in obtaining any court approval contemplated by this paragraph 6.1, including without limitation all legal fees and disbursements.

Appears in 8 contracts

Samples: Corporate Governance Agreement (Premier Exhibitions, Inc.), Arrangement Agreement (Pan American Silver Corp), Corporate Governance Agreement (Premier Exhibitions, Inc.)

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Application to Court. If any payment by the Company under this Indemnity Agreement would be prohibited under paragraph 3 2 unless approved by a court, or if there shall be a disagreement between the Company and any Indemnitee as to whether or not an indemnification under this Indemnity Agreement would be prohibited under paragraph 3 2 unless approved by the court, the Company, at its own expense and in good faith, will promptly take proceedings to obtain that approval or such other appropriate determination. The Company shall indemnify the Indemnitees for the amount of all costs incurred by any or all of them in obtaining any court approval contemplated by this paragraph 6.15.1, including without limitation all legal fees and disbursements.

Appears in 1 contract

Samples: Form of Indemnity Agreement (Clever Leaves Holdings Inc.)

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