Common use of Actions by the Company Clause in Contracts

Actions by the Company. The Company shall indemnify at all times to the fullest extent permitted by the Delaware General Corporation Law, as if it were applicable to the Company and as in effect from time to time, any Covered Person who was or is a party or is threatened to be made a party to any threatened, pending or completed action or suit by or in the right of the Company to procure a judgment in its favor by reason of the fact that such Covered Person is or was a Member, Manager or Officer of the Company, or is or was serving at the request of the Company as a manager or director, officer, employee, fiduciary or agent of another limited liability company or of a corporation, partnership, joint venture, trust or other enterprise against expenses (including attorneys’, experts’ and consultants’ fees and disbursements) actually and reasonably incurred by such Covered Person in connection with the defense or settlement of such action or suit if such Covered Person acted in good faith and in a manner such Covered Person reasonably believed to be in compliance with the provisions of this Agreement and Applicable Law and except that no indemnification shall be made in respect of any claim, issue or matter as to which such Covered Person shall have been finally adjudged to be liable to the Company unless and only to the extent that the Court of Chancery of the State of Delaware or the court in which such action or suit was brought shall determine upon application that, despite the adjudication of liability but in view of all the circumstances of the case, such Person is fairly and reasonably entitled to indemnity for such expenses which the Court of Chancery or such other court shall deem proper.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Darling Ingredients Inc.), Limited Liability Company Agreement (Darling Ingredients Inc.), Limited Liability Company Agreement (Mascoma Corp)

AutoNDA by SimpleDocs

Actions by the Company. The Company shall indemnify at all times to each Member, the fullest extent permitted by the Delaware General Corporation LawPartnership Representative, as if it were applicable to officer and manager (or equivalent) (including any Manager) of the Company and as in effect from time to time, its Subsidiaries and any Covered other Person who was or is a party or is threatened to be made a party to any threatened, pending or completed action or suit by or in the right of the Company to procure a judgment in its favor by reason of the fact that such Covered Person, or a Person of whom he or she is the legal representative, is or was a Member, Manager manager or Officer officer of the CompanyCompany or its Subsidiaries, or is or was serving at the request of the Company as a manager manager, director or director, officer, employee, fiduciary or agent officer of another limited liability company Company or of a corporation, partnershiplimited liability company, joint venture, trust or other enterprise against expenses (including attorneys’, expertsand consultants’ fees and disbursementsfees) actually and reasonably incurred by such Covered Person in connection with the defense or settlement of such action or suit if such Covered Person acted in good faith and in a manner such Covered Person reasonably believed to be in compliance with or not opposed to the provisions best interests of this Agreement and Applicable Law the Company and except that no indemnification shall be made in respect of any claim, issue or matter as to which such Covered Person shall have been finally adjudged to be liable to the Company unless and only to the extent that the Court of Chancery of the State of Delaware or the court in which such action or suit was brought shall determine upon application that, despite the adjudication of liability but in view of all the circumstances of the case, such Person is fairly and reasonably entitled to indemnity for such expenses which the Court of Chancery or such other court shall deem proper.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Express, Inc.), Limited Liability Company Agreement (Express, Inc.)

Actions by the Company. The Company shall indemnify at all times to the fullest extent permitted by the Delaware General Corporation Law, as if it were applicable to the Company and as in effect from time to time, any Covered Person who was or is a party or is threatened to be made a party to any threatened, pending or completed action or suit by or in the right of the Company to procure a judgment in its favor by reason of the fact that such Covered Person is or was a Member, Independent Manager, Manager or Officer of the Company, or is or was serving at the request of the Company as a manager or director, officer, employee, fiduciary or agent of another limited liability company or of a corporation, partnership, joint venture, trust or other enterprise against expenses (including attorneys’, experts’ and consultants’ fees and disbursements) actually and reasonably incurred by such Covered Person in connection with the defense or settlement of such action or suit if such Covered Person acted in good faith and in a manner such Covered Person reasonably believed to be in compliance with the provisions of this Agreement and Applicable Law and except that no indemnification shall be made in respect of any claim, issue or matter as to which such Covered Person shall have been finally adjudged to be liable to the Company unless and only to the extent that the Court of Chancery of the State of Delaware or the court in which such action or suit was brought shall determine upon application that, despite the adjudication of liability but in view of all the circumstances of the case, such Person is fairly and reasonably entitled to indemnity for such expenses which the Court of Chancery or such other court shall deem proper.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Darling International Inc)

Actions by the Company. The Company shall indemnify at all times to the fullest extent permitted by the Delaware General Corporation Law, as if it were applicable to the Company and law as in effect from time to time, time any Covered Person who was or is a party or is threatened to be made a party to any threatened, pending or completed action or suit by or in the right of the Company to procure a judgment in its favor by reason of the fact that such Covered Person, or a Person of whom he or she is the legal representative, is or was a Member, Manager Director or Officer of the Company, or is or was serving at the request of the Company as a manager or director, officer, employee, fiduciary or agent of another limited liability company or of a corporation, partnership, joint venture, trust or other enterprise against expenses (including attorneys’, expertsand consultants’ fees and disbursementsfees) actually and reasonably incurred by such Covered Person in connection with the defense or settlement of such action or suit if such Covered Person acted in good faith and in a manner such Covered Person reasonably believed to be in compliance with or not opposed to the provisions best interests of this Agreement and Applicable Law the Company and except that no indemnification shall be made in respect of any claim, issue or matter as to which such Covered Person shall have been finally adjudged to be liable to the Company unless and only to the extent that the Court of Chancery of the State of Delaware or the court in which such action or suit was brought shall determine upon application that, despite the adjudication of liability but in view of all the circumstances of the case, such Person is fairly and reasonably entitled to indemnity for such expenses which the Court of Chancery or such other court shall deem proper.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Chefs' Warehouse Holdings, LLC)

Actions by the Company. The Company shall indemnify at all times to the fullest extent permitted by the Delaware General Corporation Law, as if it were applicable to the Company and law as in effect from time to time, time any Covered Person person who was or is a party or is threatened to be made a party to any threatened, pending or completed action or suit by or in the right of the Company to procure a judgment in its favor by reason of the fact that such Covered Person person, or a person of whom he or she is the legal representative, is or was a Member, Manager Director or Officer officer of the CompanyCompany (which shall include, without limitation, each of the Initial Members), or is or was serving at the request of the Company as a manager or director, officer, employee, fiduciary or agent of another limited liability company or of a corporation, partnership, joint venture, trust or other enterprise against expenses (including attorneys’, experts’ and consultants’ fees and disbursements' fees) actually and reasonably incurred by such Covered Person person in connection with the defense or settlement of such action or suit if such Covered Person person acted in good faith and in a manner such Covered Person person reasonably believed to be in compliance with or not opposed to the provisions best interests of this Agreement and Applicable Law the Company and except that no indemnification shall be made in respect of any claim, issue or matter as to which such Covered Person person shall have been finally adjudged to be liable to the Company unless and only to the extent that the Court of Chancery of the State of Delaware or the court in which such action or suit was brought shall determine upon application that, despite the adjudication of liability but in view of all the circumstances of the case, such Person person is fairly and reasonably entitled to indemnity for such expenses which the Court of Chancery or such other court shall deem proper.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Valor Telecommunications Southwest LLC)

Actions by the Company. The Company shall indemnify at all times to the fullest extent permitted by the Delaware General Corporation Lawany Stockholder, as if it were applicable to each officer, director and employee of the Company and as in effect from time to time, its Subsidiaries and any Covered other Person who was or is a party or is threatened to be made a party to any threatened, pending or completed action or suit by or in the right of the Company to procure a judgment in its favor by reason of the fact that such Covered Person, or a Person of whom he or she is the legal representative, is or was a Memberdirector, Manager an officer or Officer an employee of the CompanyCompany or its Subsidiaries, or is or was serving at the request of the Company as a manager or director, officer, employee, fiduciary or agent of another limited liability company or of a corporation, partnership, joint venture, trust or other enterprise against expenses (including attorneys’, expertsand consultants’ fees and disbursementsfees) actually and reasonably incurred by such Covered Person in connection with the defense or settlement of such action or suit if such Covered Person acted in good faith and in a manner such Covered Person reasonably believed to be in compliance with or not opposed to the provisions best interests of this Agreement and Applicable Law the Company and except that no indemnification shall be made in respect of any claim, issue or matter as to which such Covered Person shall have been finally adjudged to be liable to the Company unless and only to the extent that the Court of the Chancery of the State of Delaware or the court in which such action or suit was brought shall determine upon application that, despite the adjudication of liability but in view of all the circumstances of the case, such Person is fairly and reasonably entitled to indemnity for such expenses which the Court of Chancery or such other court shall deem proper.

Appears in 1 contract

Samples: Stockholders Agreement (Epicor International Holdings, Inc.)

AutoNDA by SimpleDocs

Actions by the Company. The Company shall indemnify at all times to the fullest extent permitted by the Delaware General Corporation Law, as if it were applicable to the Company and as in effect from time to time, any Covered Person who was or is a party or is threatened to be made a party to any threatened, pending or completed action or suit by or in the right of the Company to procure a judgment in its favor by reason of the fact that such Covered Person is or was a Member, Manager or Officer of the Company, or is or was serving at the request of the Company as a manager or director, officer, employee, fiduciary or agent of another limited liability company or of a corporation, partnership, joint venture, trust or other enterprise against expenses (including attorneys, experts’ and consultants’ fees and disbursements) actually and reasonably incurred by such Covered Person in connection with the defense or settlement of such action or suit if such Covered Person acted in good faith and in a manner such Covered Person reasonably believed to be in compliance with the provisions of this Agreement and Applicable Law and except that no indemnification shall be made in respect of any claim, issue or matter as to which such Covered Person shall have been finally adjudged to be liable to the Company unless and only to the extent that the Court of Chancery of the State of Delaware or the court in which such action or suit was brought shall determine upon application that, despite the adjudication of liability but in view of all the circumstances of the case, such Person is fairly and reasonably entitled to indemnity for such expenses which the Court of Chancery or such other court shall deem proper.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Mascoma Corp)

Actions by the Company. The Company shall indemnify at all times to the fullest extent permitted by the Delaware General Corporation Law, as if it were applicable to the Company Act any Member and as in effect from time to time, any Covered Person directors who was or is a party or is threatened to be made a party to any threatened, pending or completed action or suit by or in the right of the Company to procure a judgment in its favor by reason of the fact that such Covered Person person, or a person of whom he or she is the legal representative, is or was a Member, Manager Member or Officer director of the Company, or is or was serving at the request of the Company as a manager or director, officer, employee, fiduciary or agent of another limited liability company or of a corporation, partnership, joint venture, trust or other enterprise against expenses (including attorneys’, expertsand consultants’ fees and disbursementsfees) actually and reasonably incurred by such Covered Person person in connection with the defense or settlement of such action or suit if such Covered Person person acted in good faith and in a manner such Covered Person person reasonably believed to be in compliance with or not opposed to the provisions best interests of this Agreement and Applicable Law the Company and except that no indemnification shall be made in respect of any claim, issue or matter as to which such Covered Person person shall have been finally adjudged to be liable to the Company unless and only to the extent that the Court of Chancery of the State of Delaware or the court in which such action or suit was brought shall determine upon application that, despite the adjudication of liability but in view of all the circumstances of the case, such Person person is fairly and reasonably entitled to indemnity for such expenses which the Court of Chancery or such other court shall deem proper.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Palace Entertainment Holdings, Inc.)

Actions by the Company. The Company shall indemnify at all times to To the fullest extent permitted by law, the Delaware General Corporation LawCompany shall indemnify any Member, as if it were applicable to director and each officer, manager and director of the Company and as in effect from time to time, its Subsidiaries and any Covered other Person who was or is a party or is threatened to be made a party to any threatened, pending or completed action or suit by or in the right of the Company to procure a judgment in its favor by reason of the fact that such Covered Person, or a Person of whom he or she is the legal representative, is or was a Memberdirector, Manager a manager or Officer an officer of the CompanyCompany or its Subsidiaries, or is or was serving at the request of the Company as a manager or director, officer, employee, fiduciary or agent of another a Subsidiary of the Company or of any other partnership, corporation, limited liability company or of a corporation, partnershipcompany, joint venture, trust or other enterprise against expenses (including attorneys’, expertsand consultants’ fees and disbursementsfees) actually and reasonably incurred by such Covered Person in connection with the defense or settlement of such action or suit if such Covered Person acted in good faith and in a manner such Covered Person reasonably believed to be in compliance with or not opposed to the provisions best interests of this Agreement and Applicable Law the Company and except that no indemnification shall be made in respect of any claim, issue or matter as to which such Covered Person shall have been finally adjudged to be liable to the Company unless and only to the extent that the Court of the Chancery of the State of Delaware or the court in which such action or suit was brought shall determine upon application that, despite the adjudication of liability but in view of all the circumstances of the case, such Person is fairly and reasonably entitled to indemnity for such expenses which the Court of Chancery or such other court shall deem proper.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Internap Corp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!