Common use of Mutual Acknowledgement Clause in Contracts

Mutual Acknowledgement. Both the Company and Indemnitee acknowledge that in certain instances federal law or public policy may prohibit the Company from indemnifying Indemnitee under this Agreement or otherwise. Indemnitee understands and acknowledges that the Company shall not be required to provide indemnification or advance Expenses in violation of applicable law.

Appears in 10 contracts

Samples: Indemnification Agreement (First Real Estate Investment Trust of New Jersey), Indemnification Agreement (Resource Real Estate Opportunity REIT II, Inc.), Indemnification Agreement (Corrections Corp of America)

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Mutual Acknowledgement. Both the The Company and Indemnitee acknowledge that in certain instances instances, federal law or applicable public policy may prohibit the Company from indemnifying or advancing Expenses to Indemnitee under this Agreement or otherwise. Indemnitee understands and acknowledges that the Company shall not be required to provide indemnification or advance Expenses in violation of applicable law.

Appears in 4 contracts

Samples: Indemnification Agreement (Silicon Valley Bancshares), Indemnification Agreement (California Micro Devices Corp), Indemnification Agreement (SVB Financial Group)

Mutual Acknowledgement. Both the Company and the Indemnitee acknowledge that in certain instances federal the Act, applicable law or public policy may prohibit the Company from indemnifying the Indemnitee under this Agreement or otherwise. The Indemnitee understands and acknowledges that the Company shall not has undertaken or may be required in the future to provide undertake with the regulatory authorities to submit the question of indemnification or advance Expenses to a court in violation certain circumstances for a determination of applicable lawthe Company’s right under public policy to indemnify the Indemnitee.

Appears in 3 contracts

Samples: Form of Indemnification Agreement (Green Thumb Industries Inc.), Indemnification Agreement (Green Thumb Industries Inc.), Indemnification Agreement (Green Thumb Industries Inc.)

Mutual Acknowledgement. Both the Company and Indemnitee acknowledge that in certain instances federal law instances, Federal or state law, regulation or applicable public policy may prohibit the Company from indemnifying Indemnitee under this Agreement or otherwise. Indemnitee understands and acknowledges that the Company shall not has undertaken or may be required in the future to provide undertake with the Securities and Exchange Commission to submit the question of indemnification to a court in certain circumstances for a determination of the Company's right under law or advance Expenses in violation of applicable lawpublic policy to indemnify Indemnitee.

Appears in 3 contracts

Samples: Stock Purchase Agreement (iTech Medical, Inc.), Employment Agreement (iTech Medical, Inc.), Indemnification Agreement (Myo Diagnostics Inc)

Mutual Acknowledgement. Both the Company and the Indemnitee acknowledge that in certain instances federal law or public policy may prohibit the Company company from indemnifying the Indemnitee under this Agreement or otherwise. The Indemnitee understands and acknowledges that the Company shall not be required to provide indemnification or advance Expenses in violation of applicable law.

Appears in 2 contracts

Samples: Indemnification Agreement (Trade Street Residential, Inc.), Indemnification Agreement (Trade Street Residential, Inc.)

Mutual Acknowledgement. Both the Company and Indemnitee acknowledge that in certain instances federal law or public policy may prohibit the Company company from indemnifying Indemnitee under this Agreement or otherwise. Indemnitee understands and acknowledges that the Company shall not be required to provide indemnification or advance Expenses in violation of applicable law.

Appears in 1 contract

Samples: Indemnification Agreement (AmREIT, Inc.)

Mutual Acknowledgement. Both the Company and Indemnitee acknowledge that in certain instances federal law or public policy may prohibit the Company from indemnifying Indemnitee under this Agreement or otherwise. Indemnitee understands and 4824-1265-6815 acknowledges that the Company shall not be required to provide indemnification or advance Expenses in violation of applicable law.

Appears in 1 contract

Samples: Indemnification Agreement (Resource Apartment REIT III, Inc.)

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Mutual Acknowledgement. Both the Company and Indemnitee acknowledge that in certain instances federal law or instances, Federal law, applicable public policy may prohibit the Company from indemnifying Indemnitee the Indemnitees under this Agreement or otherwise. Indemnitee understands and acknowledges that the Company shall not be required to provide indemnification or advance Expenses in violation of applicable law.

Appears in 1 contract

Samples: Credit Enhancement and Indemnification Agreement (Comstock Homebuilding Companies, Inc.)

Mutual Acknowledgement. Both the Company and Indemnitee ---------------------- acknowledge that in certain instances instances, federal law or applicable public policy may prohibit the Company from indemnifying Indemnitee under this Agreement or otherwise. Indemnitee understands and acknowledges that the Company shall not has undertaken or may be required in the future to provide undertake to the Securities and Exchange Commission to submit the question of indemnification or advance Expenses to a court in violation certain circumstances for a determination of applicable lawthe Company's right under public policy to indemnify Indemnitee.

Appears in 1 contract

Samples: Indemnification Agreement (St John Knits International Inc)

Mutual Acknowledgement. Both the Company and Indemnitee acknowledge that in certain instances instances, federal law or applicable public policy may prohibit the Company from indemnifying Indemnitee under this Agreement or otherwise. Indemnitee understands and acknowledges that the Company shall not has undertaken or may be required in the future to provide undertake to the Securities and Exchange Commission to submit the question of indemnification or advance Expenses to a court in violation certain circumstances for a determination of applicable lawthe Company’s right under public policy to indemnify Indemnitee.

Appears in 1 contract

Samples: Employment Agreement (St John Knits International Inc)

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