Common use of ENFORCEMENT AND BINDING EFFECT Clause in Contracts

ENFORCEMENT AND BINDING EFFECT. 19.1 The Company expressly confirms and agrees that it has entered into this Agreement and assumed the obligations imposed on it hereby in order to induce Indemnitee to serve as a director, officer or key employee of the Company, and the Company acknowledges that Indemnitee is relying upon this Agreement in serving as a director, officer or key employee of the Company.

Appears in 350 contracts

Sources: Indemnity Agreement (Art Technology Acquisition Corp.), Indemnification Agreement (BTC Development Corp.), Indemnification Agreement (Spring Valley Acquisition Corp. III)

ENFORCEMENT AND BINDING EFFECT. 19.1 The Company expressly confirms and agrees that it has entered into this Agreement and assumed the obligations imposed on it hereby in order to induce Indemnitee to serve as a director, officer officer, advisor or key employee of the Company, and the Company acknowledges that Indemnitee is relying upon this Agreement in serving as a director, officer officer, advisor or key employee of the Company.

Appears in 28 contracts

Sources: Indemnification Agreement (Alussa Energy Acquisition Corp. II), Indemnification Agreement (Alussa Energy Acquisition Corp. II), Indemnification Agreement (Alussa Energy Acquisition Corp. II)

ENFORCEMENT AND BINDING EFFECT. 19.1 The Company expressly confirms and agrees that it has entered into this Agreement and assumed the obligations imposed on it hereby in order to induce Indemnitee to serve as a director, officer or key employee of the Company, and the Company acknowledges that Indemnitee is relying upon this Agreement in serving as a director, officer or key employee of the Company.

Appears in 14 contracts

Sources: Indemnification Agreement (HPX Corp.), Indemnification Agreement (Sound Point Acquisition Corp I, LTD), Indemnity Agreement (Sound Point Acquisition Corp I, LTD)

ENFORCEMENT AND BINDING EFFECT. 19.1 20.1 The Company expressly confirms and agrees that it has entered into this Agreement and assumed the obligations imposed on it hereby in order to induce Indemnitee to serve as a director, officer or key employee of the Company, and the Company acknowledges that Indemnitee is relying upon this Agreement in serving as a director, officer or key employee of the Company.

Appears in 9 contracts

Sources: Indemnification Agreement (RMG Acquisition Corp. II), Indemnification Agreement (RMG Acquisition Corp. II), Indemnification Agreement (RMG Acquisition Corp. II)

ENFORCEMENT AND BINDING EFFECT. 19.1 The Company expressly confirms and agrees that it has entered into this Agreement and assumed the obligations imposed on it hereby in order to induce Indemnitee to serve as a director, officer or key employee of the Company, and the Company acknowledges that Indemnitee is relying upon this Agreement in serving as a director, director or officer or key employee of the Company.

Appears in 7 contracts

Sources: Indemnification Agreement (UY Scuti Acquisition Corp.), Indemnification Agreement (UY Scuti Acquisition Corp.), Indemnification Agreement (UY Scuti Acquisition Corp.)

ENFORCEMENT AND BINDING EFFECT. 19.1 The 1The Company expressly confirms and agrees that it has entered into this Agreement and assumed the obligations imposed on it hereby in order to induce Indemnitee to serve as a director, officer or key employee of the Company, and the Company acknowledges that Indemnitee is relying upon this Agreement in serving as a director, officer or key employee of the Company.

Appears in 2 contracts

Sources: Indemnification Agreement (Acropolis Infrastructure Acquisition Corp.), Indemnification Agreement (Acropolis Infrastructure Acquisition Corp.)

ENFORCEMENT AND BINDING EFFECT. 19.1 The Company expressly confirms and agrees that it has entered into this Agreement and assumed the obligations imposed on it hereby in order to induce Indemnitee to serve as a director, director or officer or key employee of the Company, and the Company acknowledges that Indemnitee is relying upon this Agreement in serving as a director, director or officer or key employee of the Company.

Appears in 2 contracts

Sources: Indemnification & Liability (TenX Keane Acquisition), Indemnification Agreement (TenX Keane Acquisition)

ENFORCEMENT AND BINDING EFFECT. 19.1 19.1. The Company expressly confirms and agrees that it has entered into this Agreement and assumed the obligations imposed on it hereby in order to induce Indemnitee to serve as a director, officer or key employee of the Company, and the Company acknowledges that Indemnitee is relying upon this Agreement in serving as a director, officer or key employee of the Company.

Appears in 2 contracts

Sources: Indemnification Agreement (Baiya International Group Inc.), Indemnification Agreement (GLORY STAR NEW MEDIA GROUP HOLDINGS LTD)

ENFORCEMENT AND BINDING EFFECT. 19.1 The Company expressly confirms and agrees that it has entered into this Agreement and assumed the obligations imposed on it hereby in order to induce Indemnitee to serve as a director, director or officer or key employee of the Company, and the Company acknowledges that Indemnitee is relying upon this Agreement in serving or continuing to serve as a director, director or officer or key employee of the Company.

Appears in 1 contract

Sources: Employment Agreement (InnovAge Holding Corp.)

ENFORCEMENT AND BINDING EFFECT. 19.1 The 1The Company expressly confirms and agrees that it has entered into this Agreement and assumed the obligations imposed on it hereby in order to induce Indemnitee to serve as a director, officer or key employee of the Company, and the Company acknowledges that Indemnitee is relying upon this Agreement in serving as a director, officer or key employee of the Company.. ​

Appears in 1 contract

Sources: Indemnity Agreement (Capstone Green Energy Holdings, Inc.)

ENFORCEMENT AND BINDING EFFECT. 19.1 (a) The Company expressly confirms and agrees that it has entered into this Agreement and assumed the obligations imposed on it hereby in order to induce Indemnitee to serve as a director, officer or key employee of the Company, and the Company acknowledges that Indemnitee is relying upon this Agreement in serving as a director, officer or key employee of the Company.

Appears in 1 contract

Sources: Indemnification Agreement (ARYA Sciences Acquisition Corp V)

ENFORCEMENT AND BINDING EFFECT. 19.1 The Company expressly confirms and agrees that it has entered into this Agreement and assumed the obligations imposed on it hereby in order to induce Indemnitee to serve as a director, director or officer or key employee of the Company, and the Company acknowledges that Indemnitee is relying upon this Agreement in serving as a director, director or officer or key employee of the Company.

Appears in 1 contract

Sources: Indemnification Agreement (Us Concrete Inc)

ENFORCEMENT AND BINDING EFFECT. 19.1 The Company expressly confirms and agrees that it has entered into this Agreement and assumed the obligations imposed on it hereby in order to induce Indemnitee to serve as a director, officer or key employee of the Company, and the Company acknowledges that Indemnitee is relying upon this Agreement in serving as a director, director or officer or key employee of the Company.

Appears in 1 contract

Sources: Indemnification Agreement (UY Scuti Acquisition Corp.)

ENFORCEMENT AND BINDING EFFECT. ​ 19.1 The Company expressly confirms and agrees that it has entered into this Agreement and assumed the obligations imposed on it hereby in order to induce Indemnitee to serve as a director, officer or key employee of the Company, and the Company acknowledges that Indemnitee is relying upon this Agreement in serving as a director, officer or key employee of the Company.

Appears in 1 contract

Sources: Indemnity Agreement (ITHAX Acquisition Corp.)