Indemnities and Directors’ and Officers’ Insurance. 23.1 The Director will indemnify the Company in respect of any liability incurred by the Company as a direct consequence of the Directors negligence, breach of contract, breach of duty or breach of trust in relation to the affairs of the Company.
Indemnities and Directors’ and Officers’ Insurance. (a) Glacier agrees that it will honour all rights to indemnification or exculpation now existing in favour of present and former officers and directors of GVIC pursuant to the provisions of the constating documents of GVIC, applicable corporate legislation and any written indemnity agreements which have been entered into between GVIC and its officers and directors effective on or prior to the date hereof and acknowledges that such rights shall survive the completion of the Plan of Arrangement and shall continue in full force and effect in accordance with their terms for a period of not less than six years from the Effective Date;
Indemnities and Directors’ and Officers’ Insurance. (a) Cona agrees that, after the Effective Time, Pengrowth and any successor to Pengrowth will not take any action to terminate or adversely affect, and will fulfill its obligations pursuant to, indemnities provided or available to or in favour of past and present officers and directors of Pengrowth pursuant to the provisions of the articles, by-laws or other constating documents of Pengrowth, applicable corporate legislation and any written indemnity agreements (and each of them), which have been entered into between Pengrowth and its past or current officers or directors effective on or prior to the Agreement Date and Pengrowth has provided Cona the most recent form of indemnity agreement used for its directors and officers on or prior to the Agreement Date.
Indemnities and Directors’ and Officers’ Insurance. (a) TransAlta agrees that it will honour all rights to indemnification or exculpation now existing in favour of present and former officers and directors of Renewables pursuant to the provisions of the constating documents of Renewables, applicable corporate legislation and any written indemnity agreements which have been entered into between Renewables and its officers and directors effective on or prior to the date hereof, and acknowledges that such rights shall survive the completion of the Plan of Arrangement and shall continue in full force and effect in accordance with their terms for a period of not less than six years from the Effective Date;
Indemnities and Directors’ and Officers’ Insurance. (a) The Purchaser agrees that after the Effective Time, Patch and its subsidiaries and their respective successors shall fulfill their respective obligations pursuant to, and shall not take any actions to terminate or materially adversely affect, indemnities provided or available to past and present officers and directors of Patch and its subsidiaries pursuant to the provisions of the constating documents of Patch and its subsidiaries, applicable corporate legislation and any written indemnity agreements which have been entered into between Patch and its subsidiaries and such officers and directors effective on or prior to the date hereof.
Indemnities and Directors’ and Officers’ Insurance. (a) Pengrowth agrees that Pengrowth, NAL and its successors shall fulfill its obligations pursuant to indemnities provided or available to past and present officers and directors of NAL pursuant to the provisions of the constating documents of NAL, applicable corporate legislation and any written indemnity agreements which have been entered into between NAL and its officers and directors effective on or prior to the date hereof; and
Indemnities and Directors’ and Officers’ Insurance. (a) Enbridge agrees that it will honour all rights to indemnification or exculpation now existing in favour of present and former officers and directors of ENF pursuant to the provisions of the constating documents of ENF, applicable corporate legislation and any written indemnity agreements which have been entered into between ENF and its officers and directors effective on or prior to the date hereof and acknowledges that such rights shall survive the completion of the Plan of Arrangement and shall continue in full force and effect in accordance with their terms for a period of not less than six years from the Effective Date;
Indemnities and Directors’ and Officers’ Insurance. (a) Cona agrees that, after the Effective Time, Pengrowth and any successor to Pengrowth will not take any action to terminate or adversely affect, and will fulfill its obligations
Indemnities and Directors’ and Officers’ Insurance. (a) Purchaser agrees that, for a period of 6 years after the Effective Time, Pure and any successor to Pure will not take any action to terminate or adversely affect, and will fulfill its obligations pursuant to, indemnities provided or available to or in favour of past and present officers and directors of Pure and its affiliates pursuant to the provisions of the articles, by-laws or other constating documents of Pure, applicable corporate legislation and any written indemnity agreements (and each of them), which have been entered into between Pure and its affiliates and their past or current officers or directors effective on or prior to the Agreement Date and are set forth on Section 2.9(a) of the Disclosure Letter. Pure has provided Purchaser the most recent form of indemnity agreement used for its directors and officers on or prior to the Agreement Date.
Indemnities and Directors’ and Officers’ Insurance. (a) Vermilion agrees that Vermilion, Spartan and its successors shall fulfill its obligations pursuant to indemnities provided or available to past and present officers and directors of Spartan pursuant to the provisions of the constating documents of Spartan, applicable corporate legislation and any written indemnity agreements which have been entered into between Spartan and its officers and directors effective on or prior to the date hereof; and
