Guarantees and Indemnities. During its normal course of business, the Company has made certain guarantees, indemnities and commitments under which it may be required to make payments in relation to certain transactions. These indemnities include intellectual property and other indemnities to the Company’s customers and distribution network partners in connection with the sales of its products, and indemnities to various lessors in connection with facility leases for certain claims arising from such facility or lease.
Appears in 3 contracts
Sources: Merger Agreement (LookSmart Group, Inc.), Merger Agreement (LookSmart Group, Inc.), Merger Agreement (LookSmart Group, Inc.)