Common use of Effect of Certain Resolutions Clause in Contracts

Effect of Certain Resolutions. Neither the settlement nor termination of any Proceeding nor the failure of the Company to award indemnification or to determine that indemnification is payable shall create a presumption that Indemnitee is not entitled to indemnification hereunder. In addition, the termination of any Proceeding by judgment, order, settlement, conviction, or upon a plea of nolo contendere or its equivalent shall not create a presumption that Indemnitee did not meet the requisite standard of conduct described herein for indemnification.

Appears in 16 contracts

Samples: Indemnification Agreement (Overland Advantage), Indemnification Agreement (LGAM Private Credit LLC), Indemnification Agreement (Muzinich Corporate Lending Income Fund, Inc.)

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Effect of Certain Resolutions. Neither the settlement nor termination of any Proceeding nor the failure of the Company Fund to award indemnification or to determine that indemnification is payable shall create a presumption that Indemnitee is not entitled to indemnification hereunder. In addition, the termination of any Proceeding by judgment, order, settlement, conviction, or upon a plea of nolo contendere or its equivalent shall not create a presumption that Indemnitee did not meet the requisite standard of conduct described herein for indemnification.

Appears in 3 contracts

Samples: Indemnification Agreement (Stone Point Credit Income Fund), Indemnification Agreement (Comvest Credit Partners BDC Fund, L.P.), Indemnification Agreement (Investcorp US Institutional Private Credit Fund)

Effect of Certain Resolutions. Neither the settlement nor termination of any Proceeding nor the failure of the Company to award indemnification or of the Reviewing Party to determine that indemnification is payable shall create a an adverse presumption that the Indemnitee is not entitled to indemnification hereunder. In addition, the termination of any Proceeding by judgment, order, settlement, conviction, or upon a plea of nolo contendere or its equivalent shall not create a presumption that the Indemnitee did not meet the requisite any particular standard of conduct described herein for indemnificationconduct.

Appears in 2 contracts

Samples: Indemnification Agreement (China Digital TV Holding Co., Ltd.), Indemnification Agreement (China Digital TV Holding Co., Ltd.)

Effect of Certain Resolutions. Neither the settlement nor termination of any Proceeding nor the failure of the Company to award indemnification or to determine that indemnification is payable shall create a presumption that Indemnitee is not entitled to indemnification hereunder. In addition, the termination of any Proceeding by judgment, order, settlement, conviction, or upon a plea of nolo contendere or its equivalent shall not create a presumption that Indemnitee did not meet the requisite standard of conduct described herein for indemnification.

Appears in 1 contract

Samples: Indemnification Agreement (Bravo Brio Restaurant Group, Inc.)

Effect of Certain Resolutions. Neither the settlement nor termination of any Proceeding nor the failure of the Company to award indemnification or to determine that indemnification is payable shall create a an adverse presumption that Indemnitee is not entitled to indemnification hereunder. In addition, the termination of any Proceeding proceeding by judgment, order, settlement, conviction, or upon a plea of nolo contendere or its equivalent shall not not, of itself, create a presumption that Indemnitee did not meet the requisite standard of conduct described herein for indemnificationengaged in any Unindemnifiable Conduct.

Appears in 1 contract

Samples: Indemnification Agreement (Bsi2000 Inc)

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Effect of Certain Resolutions. Neither the settlement nor or termination of any Proceeding nor the failure of the Company to award indemnification or to determine that indemnification is payable shall create a an adverse presumption that Indemnitee is not entitled to indemnification hereunder. In addition, the termination of any Proceeding proceeding by judgment, order, settlement, conviction, or upon a plea of nolo contendere or its equivalent shall not create a presumption that Indemnitee did not meet the requisite standard of conduct described herein for indemnification.,

Appears in 1 contract

Samples: Director Indemnification Agreement (Lawson Software Inc)

Effect of Certain Resolutions. Neither the settlement nor termination of any Proceeding nor the failure of the Company to award indemnification or to determine that indemnification is payable shall create a an adverse presumption that Indemnitee is not entitled to indemnification hereunder. In addition, the termination of any Proceeding by judgment, order, settlement, conviction, order or upon a plea of nolo contendere or its equivalent settlement shall not create a presumption that the act or omission of the Indemnitee did not meet the requisite standard of conduct described herein for indemnification.was material

Appears in 1 contract

Samples: Indemnification Agreement (Maguire Properties Inc)

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