Common use of STATUTORY LIMITATION Clause in Contracts

STATUTORY LIMITATION. The indemnification provided in this Agreement will be subject to any limitations imposed under the Act, but in the event that the indemnification obligations set out in any provision of this Agreement exceed the indemnification obligations permitted under the Act, then such indemnification obligations shall not thereby be rendered unenforceable, and the Indemnitor shall indemnify the Officer to the maximum extent permitted under the Act. 14460.66030.DS1.10450400.1

Appears in 8 contracts

Samples: Indemnity Agreement (Silver Standard Resources Inc), Indemnity Agreement (Silver Standard Resources Inc), Indemnity Agreement (Silver Standard Resources Inc)

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STATUTORY LIMITATION. The indemnification provided in this Agreement will be subject to any limitations imposed under the Act, but in the event that the indemnification obligations set out in any provision of this Agreement exceed the indemnification obligations permitted under the Act, then such indemnification obligations shall not thereby be rendered unenforceable, and the Indemnitor shall indemnify the Officer Director to the maximum extent permitted under the Act. 14460.66030.DS1.10450400.114460.66030.DS1.10389791.2

Appears in 7 contracts

Samples: Indemnity Agreement (Silver Standard Resources Inc), Indemnity Agreement (Silver Standard Resources Inc), Indemnity Agreement (Silver Standard Resources Inc)

STATUTORY LIMITATION. The indemnification provided in this Agreement will be subject to any limitations imposed under the Act, but in the event that the indemnification obligations set out in any provision of this Agreement exceed the indemnification obligations permitted under the Act, then such indemnification obligations shall not thereby be rendered unenforceable, and the Indemnitor shall indemnify the Officer to the maximum extent permitted under the Act. 14460.66030.DS1.10450400.1.

Appears in 5 contracts

Samples: Indemnity Agreement (SSR Mining Inc.), Indemnity Agreement (Silver Standard Resources Inc), Indemnity Agreement (SSR Mining Inc.)

STATUTORY LIMITATION. The indemnification provided in this Agreement will be subject to any limitations imposed under the Act, but in the event that the indemnification obligations set out in any provision of this Agreement exceed the indemnification obligations permitted under the Act, then such indemnification obligations shall not thereby be rendered unenforceable, and the Indemnitor shall indemnify the Officer Director to the maximum extent permitted under the Act. 14460.66030.DS1.10450400.1.

Appears in 3 contracts

Samples: Indemnity Agreement (Silver Standard Resources Inc), Indemnity Agreement (SSR Mining Inc.), Indemnity Agreement (SSR Mining Inc.)

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STATUTORY LIMITATION. The indemnification provided in this Agreement will be subject to any limitations imposed under the Act, but in the event that the indemnification obligations set out in any provision of this Agreement exceed the indemnification obligations permitted under the Act, then such indemnification obligations shall not thereby be rendered unenforceable, and the Indemnitor shall indemnify the Officer Xxxxxx to the maximum extent permitted under the Act. 14460.66030.DS1.10450400.1.

Appears in 1 contract

Samples: Indemnity Agreement (Silver Standard Resources Inc)

STATUTORY LIMITATION. The indemnification provided in this Agreement will be subject to any limitations imposed under the Act, but in the event that the indemnification obligations set out in any provision of this Agreement exceed the indemnification obligations permitted under the Act, then such indemnification obligations shall not thereby be rendered unenforceable, and the Indemnitor shall indemnify the Officer Director to the maximum extent permitted under the Act. 14460.66030.DS1.10450400.1

Appears in 1 contract

Samples: Indemnity Agreement (Silver Standard Resources Inc)

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