Common use of Right to Petition Court Clause in Contracts

Right to Petition Court. In the event that Indemnitee submits to the Corporation a written claim for indemnification of Indemnifiable Amounts under Sections 3 and 5 of this Agreement or submits to the Corporation a written claim for advancement of Expenses under Sections 9 and 10 of this Agreement, and the Corporation fails to make such indemnification or advancement, as applicable, pursuant to the terms of this Agreement, Indemnitee may petition the Court of Chancery to enforce the Corporation’s obligations under this Agreement.

Appears in 3 contracts

Samples: Indemnification Agreement (American Outdoor Brands, Inc.), Indemnification Agreement (American Outdoor Brands, Inc.), Indemnification Agreement (American Outdoor Brands, Inc.)

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Right to Petition Court. In the event that Indemnitee submits to the Corporation Company a written claim for indemnification of Indemnifiable Amounts under Sections 3 and 5 of this Agreement 7 above or submits to the Corporation Company a written claim for advancement of Expenses under Sections 9 11 and 10 of this Agreement12 above, and the Corporation Company fails to make such indemnification or advancement, as applicable, pursuant to the terms of this Agreement, Indemnitee may petition the Court of Chancery of the State of Delaware (the “Court of Chancery”), to enforce the CorporationCompany’s obligations under this Agreement.

Appears in 3 contracts

Samples: Director and Officer (Century Communities, Inc.), Director and Officer (Century Communities, Inc.), Director and Officer (Century Communities, Inc.)

Right to Petition Court. In the event that Indemnitee submits to the Corporation Company a written claim for indemnification of Indemnifiable Amounts under Sections 3 and 5 of this Agreement above or submits to the Corporation Company a written claim for advancement of Expenses under Sections 9 and 10 of this Agreementabove, and the Corporation Company fails to make such indemnification or advancement, as applicable, pursuant to the terms of this Agreement, Indemnitee may petition the Court of Chancery of the State of Delaware (the “Court of Chancery”), to enforce the CorporationCompany’s obligations under this Agreement.

Appears in 2 contracts

Samples: Director and Officer (American Defense Systems Inc), Director and Officer (Century Communities, Inc.)

Right to Petition Court. In the event that Indemnitee submits to the Corporation Company a written claim for indemnification of Indemnifiable Amounts under Sections 3 and 5 of this Agreement above or submits to the Corporation Company a written claim for advancement of Expenses under Sections 9 and 10 of this Agreementabove, and the Corporation Company fails to make such indemnification or advancement, as applicable, pursuant to the terms of this Agreement, Indemnitee may petition the Court of Chancery to enforce the CorporationCompany’s obligations under this Agreement.

Appears in 1 contract

Samples: Director and Officer (Platform Specialty Products Corp)

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Right to Petition Court. In the event that Indemnitee submits to the Corporation Company a written claim for indemnification of Indemnifiable Amounts under Sections Section 3 and Section 5 of this Agreement or submits to the Corporation Company a written claim for advancement of Expenses under Sections Section 9 and 10 of this AgreementSection 10, and the Corporation Company fails to make such indemnification or advancement, as applicable, pursuant to the terms of this Agreement, Indemnitee may petition the Court of Chancery to enforce the CorporationCompany’s obligations under this Agreement.

Appears in 1 contract

Samples: Form of Indemnification Agreement (Summer Infant, Inc.)

Right to Petition Court. In the event that Indemnitee submits to the Corporation Company a written claim for indemnification of Indemnifiable Amounts under Sections 3 and 5 of this Agreement or submits to the Corporation Company a written claim for advancement of Expenses under Sections 9 and 10 of this Agreement, and the Corporation Company fails to make such indemnification or advancement, as applicable, pursuant to the terms of this Agreement, Indemnitee may petition the Court of Chancery to enforce the CorporationCompany’s obligations under this Agreement.

Appears in 1 contract

Samples: Indemnification Agreement (Radius Global Infrastructure, Inc.)

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