Common use of Contract Right; Non-Exclusivity; Survival Clause in Contracts

Contract Right; Non-Exclusivity; Survival. (a) The rights to indemnification and advancement of expenses provided by this Article 9 shall be deemed to be separate contract rights between the Company and each Covered Person and Management Covered Person who serves in any such capacity at any time while these provisions are in effect, and no repeal or modification of any of these provisions shall adversely affect any right or obligation of such Covered Person or Management Covered Person existing at the time of such repeal or modification with respect to any state of facts then or previously existing or any Proceeding previously or thereafter brought or threatened based in whole or in part upon any such state of facts. (b) The rights to indemnification and advancement of expenses provided by this Article 9 shall not be deemed exclusive of any other indemnification or advancement of expenses to which a Covered Person or Management Covered Person seeking indemnification or advancement of expenses may be entitled. (c) The rights to indemnification and advancement of expenses provided by this Article 9 to any Covered Person or Management Covered Person shall inure to the benefit of the heirs, executors and administrators of such Person.

Appears in 5 contracts

Samples: Limited Liability Company Agreement, Limited Liability Company Agreement, Limited Liability Company Agreement (Caesars Entertainment Operating Company, Inc.)

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Contract Right; Non-Exclusivity; Survival. (a) The rights to indemnification and advancement advance of expenses provided by this Article ‎ARTICLE 9 shall be deemed to be separate contract rights between the Company and each Covered Person and Management Covered Person who serves in any such capacity at any time while these provisions are in effect, and no repeal or modification of any of these provisions shall adversely affect any right or obligation of such Covered Person or Management Covered Person existing at the time of such repeal or modification with respect to any state of facts then or previously existing or any Proceeding proceeding previously or thereafter brought or threatened based in whole or in part upon any such state of facts. (b) The rights to indemnification and advancement advance of expenses provided by this Article ‎ARTICLE 9 shall not be deemed exclusive of any other indemnification or advancement advance of expenses to which a Covered Person or Management Covered Person seeking indemnification or advancement advance of expenses may be entitled. . (c) The rights to indemnification and advancement advance of expenses provided by this Article ‎ARTICLE 9 to any Covered Person or Management Covered Person shall inure to the benefit of the heirs, executors and administrators of such Personperson.

Appears in 1 contract

Samples: Limited Liability Company Agreement

Contract Right; Non-Exclusivity; Survival. (a) The rights to indemnification and advancement advance of expenses provided by this Article ‎ARTICLE 9 shall be deemed to be separate contract rights between the Company and each Covered Person and Management Covered Person who serves in any such capacity at any time while these provisions are in effect, and no repeal or modification of any of these provisions shall adversely affect any right or obligation of such Covered Person or Management Covered Person existing at the time of such repeal or modification with respect to any state of facts then or previously existing or any Proceeding proceeding previously or thereafter brought or threatened based in whole or in part upon any such state of facts. (b) The rights to indemnification and advancement advance of expenses provided by this Article ‎ARTICLE 9 shall not be deemed exclusive of any other indemnification or advancement advance of expenses to which a Covered Person or Management Covered Person seeking indemnification or advancement advance of expenses may be entitled. (c) The rights to indemnification and advancement advance of expenses provided by this Article ‎ARTICLE 9 to any Covered Person or Management Covered Person shall inure to the benefit of the heirs, executors and administrators of such Personperson.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Genesis Energy Lp)

Contract Right; Non-Exclusivity; Survival. (a) The rights to indemnification and advancement advance of expenses provided by this Article 9 shall be deemed to be separate contract rights between the Company and each Covered Person and Management Covered Person who serves in any such capacity at any time while these provisions are in effect, and no repeal or modification of any of these provisions shall adversely affect any right or obligation of such Covered Person or Management Covered Person existing at the time of such repeal or modification with respect to any state of facts then or previously existing or any Proceeding proceeding previously or thereafter brought or threatened based in whole or in part upon any such state of facts. (b) The rights to indemnification and advancement advance of expenses provided by this Article 9 shall not be deemed exclusive of any other indemnification or advancement advance of expenses to which a Covered Person or Management Covered Person seeking indemnification or advancement advance of expenses may be entitled. (c) The rights to indemnification and advancement advance of expenses provided by this Article 9 to any Covered Person or Management Covered Person shall inure to the benefit of the heirs, executors and administrators of such Personperson.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Ashford Inc.)

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Contract Right; Non-Exclusivity; Survival. (a) The rights to indemnification and advancement advance of expenses provided by this Article 9 10 shall be deemed to be separate contract rights between the Company and each Covered Person and Management Covered Person who serves in any such capacity at any time while these provisions are in effect, and no repeal or modification of any of these provisions shall adversely affect any right or obligation of such Covered Person or Management Covered Person existing at the time of such repeal or modification with respect to any state of facts then or previously existing or any Proceeding proceeding previously or thereafter brought or threatened based in whole or in part upon any such state of facts. (b) The rights to indemnification and advancement advance of expenses provided by this Article 9 10 shall not be deemed exclusive of any other indemnification or advancement advance of expenses to which a Covered Person or Management Covered Person seeking indemnification or advancement advance of expenses may be entitled. (c) The rights to indemnification and advancement advance of expenses provided by this Article 9 10 to any Covered Person or Management Covered Person shall inure to the benefit of the heirs, executors and administrators of such Personperson.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Genesis Energy Lp)

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