Common use of Law and Public Policy Clause in Contracts

Law and Public Policy. The Fund and the Indemnified Party acknowledge that in certain instances Applicable Law or public policy may prohibit an Indemnifying Party from indemnifying the Indemnified Party under this Agreement or otherwise, in which case the indemnity of the Indemnified Party under this Agreement shall be limited to the maximum indemnity permitted by such Applicable Law or policy.

Appears in 5 contracts

Samples: Indemnification Agreement (Bumble Bee Capital Corp.), Indemnification Agreement (Bumble Bee Capital Corp.), Indemnification Agreement (Bumble Bee Capital Corp.)

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