Common use of Compliance with Orders Clause in Contracts

Compliance with Orders. The Indemnification Escrow Agent is hereby expressly authorized to comply with and obey Orders of any Governmental Authority, notwithstanding any notice, warning or other communication from any party or any other Person to the contrary. In case the Indemnification Escrow Agent obeys or complies with any such Order, the Indemnification Escrow Agent shall not be liable to any of the parties hereto or to any other Person by reason of such compliance, notwithstanding any such Order being subsequently reversed, modified, annulled, set aside, vacated or found to have been entered without jurisdiction or proper authority.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Ansys Inc), Agreement and Plan of Merger (Aavid Thermal Technologies Inc)

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Compliance with Orders. The Indemnification Escrow Agent is hereby expressly authorized to comply with and obey Orders orders of any court of law or Governmental or Regulatory Authority, notwithstanding any noticenotices, warning warnings or other communication communications from any party or any other Person person to the contrary. In case the Indemnification Escrow Agent obeys or complies with any such Orderorder, the Indemnification Escrow Agent shall not be liable to any of the parties hereto or to any other Person person by reason of such compliance, notwithstanding any such Order order being subsequently reversed, modified, annulled, set aside, vacated or found to have been entered without jurisdiction or proper authority.

Appears in 2 contracts

Samples: Voting Agreement (Neomagic Corp), Voting Agreement (Neomagic Corp)

Compliance with Orders. The Indemnification Escrow Agent is hereby ---------------------- expressly authorized to comply with and obey Orders of any court of law or Governmental AuthorityEntity, notwithstanding any noticenotices, warning warnings or other communication communications from any party or any other Person person to the contrary. In case the Indemnification Escrow Agent obeys or complies with any such Order, the Indemnification Escrow Agent shall not be liable to any of the parties hereto or to any other Person person by reason of such compliance, notwithstanding any such Order being subsequently reversed, modified, annulled, set aside, vacated or found to have been entered without jurisdiction or proper authority.

Appears in 1 contract

Samples: Investment Agreement (Portal Software Inc)

Compliance with Orders. The Indemnification Escrow Agent is hereby expressly authorized to comply with and obey Orders of any court of law or Governmental or Regulatory Authority, notwithstanding any noticenotices, warning warnings or other communication communications from any party or any other Person to the contrary. In case the Indemnification Escrow Agent obeys or complies with any such Order, the Indemnification Escrow Agent shall not be liable to any of the parties hereto or to any other Person by reason of such compliance, notwithstanding any such Order being subsequently reversed, modified, annulled, set aside, vacated or found to have been entered without jurisdiction or proper authority.

Appears in 1 contract

Samples: Plan of Merger (Sonicblue Inc)

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Compliance with Orders. The Indemnification Escrow Agent is hereby expressly authorized to comply with and obey Orders of any court of law or Governmental or Regulatory Authority, notwithstanding any noticenotices, warning warnings or other communication communications from any party or any other Person person to the contrary. In case the Indemnification Escrow Agent obeys or complies with any such Order, the Indemnification Escrow Agent shall not be liable to any of the parties hereto or to any other Person person by reason of such compliance, notwithstanding any such Order being subsequently reversed, modified, annulled, set aside, vacated or found to have been entered without jurisdiction or proper authority.

Appears in 1 contract

Samples: Merger Agreement and Plan of Reorganization (New Focus Inc)

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