Common use of Right of Indemnity in Favour of Others Clause in Contracts

Right of Indemnity in Favour of Others. With respect to any party who may be indemnified pursuant to Section 9.1 above and is not a party to this Agreement, the Purchasers shall obtain and hold the rights and benefits of this Section 9 in trust for and on behalf of such Indemnified Party.

Appears in 2 contracts

Sources: Subscription Agreement (Amaya Inc.), Subscription Agreement (Amaya Inc.)