Common use of Good Faith Determination Clause in Contracts

Good Faith Determination. The Company shall from time to time make the good faith determination whether or not it is practicable for the Company to obtain and maintain a policy or policies of insurance with reputable insurance companies providing the officers and directors of the Company with coverage for losses incurred in connection with their services to the Company or to ensure the Company’s performance of its indemnification obligations under this Agreement.

Appears in 161 contracts

Samples: Indemnification Agreement (Lianhe Sowell International Group LTD), Indemnification Agreement (Smart for Life, Inc.), Indemnification Agreement (Cardiff Lexington Corp)

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Good Faith Determination. The Company shall from time to time make the good faith determination whether or not it is practicable for the Company to obtain and maintain a policy or policies of insurance with reputable insurance companies providing the officers and directors of the Company with coverage for losses incurred in connection with their services to the Company or to ensure the Company’s 's performance of its indemnification obligations under this Agreement.

Appears in 7 contracts

Samples: Indemnification Agreement (WSP Holdings LTD), Indemnification Agreement (China Techfaith Wireless Communication Technology LTD), Indemnification Agreement (Agria Corp)

Good Faith Determination. The Company shall from time to time make the a good faith determination as to whether or not it is practicable for the Company to obtain and maintain a policy or policies of insurance with reputable insurance companies providing the officers and directors of the Company with coverage for losses incurred in connection with their services to the Company or to ensure the Company’s performance of its indemnification obligations under this Agreement.

Appears in 3 contracts

Samples: Indemnification Agreement (Azure Power Global LTD), Indemnification Agreement (MOL Global, Inc.), Indemnification Agreement (Leju Holdings LTD)

Good Faith Determination. The Company shall from time to time make the a good faith determination whether or not it is practicable for the Company to obtain and maintain a policy or policies of insurance with reputable insurance companies providing the directors and officers and directors of the Company or its subsidiaries or affiliates, with coverage for losses incurred in connection with their services to the Company or its subsidiaries or affiliates or to ensure the Company’s performance of its indemnification obligations under this Agreement. Among other considerations, the Company will weigh the costs of obtaining such insurance coverage against the protection afforded by such coverage.

Appears in 2 contracts

Samples: Indemnification Agreement (Pioneer Energy Services Corp), Indemnification Agreement (Pioneer Drilling Co)

Good Faith Determination. The Company shall from time to time make the good faith determination whether or not it is practicable for the Company to obtain and maintain a policy or policies of insurance with reputable insurance companies providing the officers and directors of the Company with coverage for losses incurred in connection with their services to the Company or to ensure the Company’s 's performance of its indemnification obligations under this Agreement. Among other considerations, the Company will weigh the costs of obtaining such insurance coverage against the protection afforded by such coverage.

Appears in 2 contracts

Samples: Indemnification Agreement (FTD Group, Inc.), Indemnification Agreement (FTD Group, Inc.)

Good Faith Determination. The Company shall from time to time make the good faith determination whether or not it is practicable for the Company to obtain and maintain a policy or policies of insurance with reputable insurance companies providing the officers and directors of the Company Group with coverage for losses incurred in connection with their services to the Company Group or to ensure the Company’s performance of its indemnification obligations under this Agreement.

Appears in 2 contracts

Samples: Indemnification Agreement (MakeMyTrip LTD), Indemnification Agreement (MakeMyTrip LTD)

Good Faith Determination. The Company shall from time to time make the good faith determination whether or not it is practicable for the Company to obtain and maintain a policy or policies of insurance with reputable insurance companies providing the he officers and directors of the Company with coverage for losses incurred in connection with their services to the Company or to ensure the Company’s performance of its indemnification obligations under this Agreement.

Appears in 2 contracts

Samples: Indemnification Agreement (Up Fintech Holding LTD), Indemnification Agreement (Up Fintech Holding LTD)

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Good Faith Determination. The Company shall from time to time make the good faith determination whether or not it is practicable for the Company to obtain and maintain a policy or policies of insurance with reputable insurance companies providing the officers and directors of the Company with coverage for losses incurred in connection with their services to the Company or to ensure the Company’s performance of its indemnification obligations under this Agreement. The Company shall consult with the Indemnitee before it makes a determination not to obtain and/or not to maintain such insurance.

Appears in 1 contract

Samples: Indemnification Agreement (Melco PBL Entertainment (Macau) LTD)

Good Faith Determination. The Company shall from time to time make the good faith determination whether or not it is practicable for the Company use its reasonable best efforts to obtain and maintain a policy liability insurance applicable to directors, officers or policies of insurance with reputable insurance companies providing the officers and directors of the Company with coverage for losses incurred fiduciaries in connection with their services to the Company or to ensure an amount determined by the Company’s performance board of its indemnification obligations under this Agreementdirectors.

Appears in 1 contract

Samples: Indemnification Agreement (Tudou Holdings LTD)

Good Faith Determination. The Company shall from time to time make the good faith determination whether or not it is practicable for the Company to obtain and maintain a policy or policies of insurance with reputable insurance companies providing the directors and officers and directors of the Company with coverage for losses incurred in connection with their services to the Company or to ensure the Company’s performance of its indemnification obligations under this Agreement. Among other considerations, the Company will weigh the costs of obtaining such insurance coverage against the protection afforded by such coverage.

Appears in 1 contract

Samples: Indemnification Agreement (Maverick Tube Corporation)

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