Criminal Claims Sample Clauses
The Criminal Claims clause defines how issues related to criminal allegations or proceedings are addressed within the context of the agreement. Typically, this clause outlines the responsibilities of the parties if one is accused of or involved in criminal conduct, such as fraud or regulatory violations, during the term of the contract. It may specify procedures for notification, cooperation, or even grounds for suspension or termination of the agreement. The core function of this clause is to protect the parties from the risks and liabilities associated with criminal actions, ensuring that the agreement can be managed or dissolved appropriately if such serious issues arise.
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Criminal Claims. Notwithstanding any provision of this Article XII to the contrary, in the event that any Person being indemnified under this Article XII shall become involved in any criminal action, suit or proceeding, whether judicial, administrative or investigative, the Receiver shall have no obligation hereunder to indemnify such Person for liability with respect to any criminal act or to the extent any costs or expenses are attributable to the defense against the allegation of any criminal act, unless (i) the Person is successful on the merits or otherwise in the defense against any such action, suit or proceeding, or (ii) such action, suit or proceeding is terminated without the imposition of liability on such Person.
Criminal Claims. Notwithstanding any provision of this Article XII to the contrary, in the event that any Person being indemnified under this Article XII shall become involved in any criminal Module 1 — Whole Bank w/ Loss Share — P&A Peninsula Bank Version 2.06 Englewood, Florida May 24, 2010 action, suit or proceeding, whether judicial, administrative or investigative, the Receiver shall have no obligation hereunder to indemnify such Person for liability with respect to any criminal act or to the extent any costs or expenses are attributable to the defense against the allegation of any criminal act, unless (i) the Person is successful on the merits or otherwise in the defense against any such action, suit or proceeding, or (ii) such action, suit or proceeding is terminated without the imposition of liability on such Person.
Criminal Claims. 38 12.7 Limited Guaranty of the Corporation.............................. 38 12.8 Subrogation...................................................... 38
Criminal Claims. Notwithstanding any provision of this Article XII to the contrary, in the event that any Person being indemnified under this Article XII shall become involved in any criminal action, suit or proceeding, whether judicial, administrative or investigative, the Receiver shall have no obligation hereunder to indemnify such Person for liability with respect to any criminal act or to the extent any costs or expenses are attributable to the defense against the allegation of any criminal act, unless (i) the Person is successful on the Module 1 — Whole Bank w/ Loss Share — P&A Security Banks Version 1.07 Georgia July 20, 2009 merits or otherwise in the defense against any such action, suit or proceeding, or (ii) such action, suit or proceeding is terminated without the imposition of liability on such Person.
Criminal Claims. Notwithstanding any provision of this Article XII to the contrary, in the event that any Person being indemnified under this Article XII shall become
Module 1 — Whole Bank w/ Loss Share — P&A Version 2.05 April 26, 2010 Bank of Florida — Tampa Bay Tampa, Florida involved in any criminal action, suit or proceeding, whether judicial, administrative or investigative, the Receiver shall have no obligation hereunder to indemnify such Person for liability with respect to any criminal act or to the extent any costs or expenses are attributable to the defense against the allegation of any criminal act, unless (i) the Person is successful on the merits or otherwise in the defense against any such action, suit or proceeding, or (ii) such action, suit or proceeding is terminated without the imposition of liability on such Person.
Criminal Claims. Notwithstanding any provision of this Article XII to the contrary, in the event that any Person being indemnified under this Article XII shall become involved in any criminal action, suit or proceeding, whether judicial, administrative or investigative, the Receiver shall have no obligation hereunder to indemnify such Person for liability with respect to any criminal act or to the extent any costs or expenses are attributable to the defense against the allegation of any criminal act, unless (i) the Person is successful on the merits or otherwise in the defense against any such action, suit or proceeding, or (ii) such action, suit or proceeding is terminated without the imposition of liability on such Person.
Module 1 Whole Bank w/ Loss Share – P&A ▇▇▇▇▇▇▇▇ Commercial Bank Version 2.01 38 Carrollton, GA March 26, 2010
Criminal Claims. Notwithstanding any prov1s1on of this Article XII to the contrary, if any Indemnitee is or becomes involved in any criminal action, suit, or proceeding, whether judicial, administrative, or investigative, the Receiver is not required to indemnify that Indemnitee for liability with respect to any criminal act or to the extent any costs or expenses are attributable to the defense against the allegation of any criminal act, unless (a) the Indemnitee is successful on the merits or otherwise in the defense against the action, suit, or proceeding, or (b) the action, suit, or proceeding is terminated without the imposition of liability on the Indemnitee.
Criminal Claims. 42 12.7 Limited Guaranty ofthe Corporation..................... 42 12.8 Subrogation ............................................................ 42 ARTICLE XIII. MISCELLANEOUS .............................. 42 13.1 Expenses ................................................................ 42 13.2 Waiver of Jury Trial............................................... 42 13.3 Consent; Determination or Discretion.................... 42 13.4 Rights Cumulative.................................................. 43 13.5 References .............................................................. 43 13.6 Notice ..................................................................... 43 13.7 Entire Agreement.................................................... 44 13.8 Counterparts ........................................................... 44 13. 9 Governing Law ....................................................... 44 13.10 Successors .............................................................. 44 13.11 Modification........................................................... 44 13.12 Manner of Payment ................................................ 44 13.13 Waiver.................................................................... 44 13.14 Severability ............................................................ 45 13.15 Term of Agreement ................................................ 45 13.16 Survival of Covenants, Etc..................................... 45 Excluded Deposit Liability Accounts ................................................................................................ Schedule 2.1(a) 47 Purchase Price of Assets or any other assets.......................................................................................... Schedule 3.2 48 Excluded Securities.............................................................................................................................Schedule 3.5(1) 50 Data Retention Catalog .......................................................................................................................... Schedule 6.3 51 Accounts Excluded from Calculation of Deposit Franchise Bid Premium ............................................... Schedule 7 53 Final Legal Notice ................................................................................................................................. Exhibit 2.3A 61 Affidavit of Mailing...........................................................................................
Criminal Claims. Notwithstanding any provision of this Article XII to the contrary, in the event that any Person being indemnified under this Article XII shall become involved in any criminal action, suit or proceeding, whether judicial, administrative or investigative, the Receiver shall have no obligation hereunder to indemnify such Person for liability with respect to any criminal act or to the extent any costs or expenses are attributable to the defense against the allegation of any criminal act, unless (a) the Person is successful on the merits or otherwise in the defense against any such action, suit or proceeding, or (b) such action, suit or proceeding is terminated without the imposition of liability on such Person.
Module 1 Whole Bank w/ Optional Shared Loss Agreements Atlantic Southern Bank
1.1 PURCHASE AND ASSUMPTION AGREEMENT Macon, Georgia May 20, 2011
Criminal Claims. Notwithstanding any provision of this Article XII to the contrary, in the event that any Person being indemnified under this Article XII shall become involved in any criminal action, suit or proceeding, whether judicial, administrative or investigative, the Receiver shall have no obligation hereunder to indemnify such Person for liability with respect to any criminal act or to the extent any costs or expenses are attributable to the defense against the allegation of any criminal act, unless (a) the Person is successful on the merits or otherwise in the defense against any such action, suit or proceeding, or (b) such action, suit or proceeding is terminated without the imposition of liability on such Person. Basic P&A Agreement (VB. Illinois). Valley Bank. Version 6..2P — PURCHASE AND ASSUMPTION AGREEMENT Moline, 1L