Effect of Provisions. The rights to indemnification and advancement of expenses set forth in this Section 9 are intended to be to the fullest extent permitted pursuant to the Act. The rights to indemnification and advancement of expenses set forth in this Section 9 shall not be deemed exclusive of any other rights to which those seeking indemnification or advancements of expenses may be entitled or granted by law, the Articles, this Agreement, the vote of the Managers, or an agreement with the Company, which means of indemnification and advancement of expenses are hereby specifically authorized.
Effect of Provisions. The provisions hereof as to subordination are solely for the purpose of defining the relative rights of the holders of Senior Indebtedness on the one hand, and the holders of the Subordinated Indebtedness on the other hand, and none of such provisions shall impair, as between Borrower and the holders of its Subordinated Indebtedness, the obligations of Borrower, which are unconditional and absolute, to pay to such Holders all of the Subordinated Indebtedness in accordance with the terms thereof, nor, except as provided in this Agreement (including, without limitation, Section 7 below), shall any such provisions prevent the Holders of Subordinated Indebtedness from exercising all remedies otherwise permitted by applicable law or under the terms of such Subordinated Indebtedness upon a default thereunder, subject to the rights, if any, of the holders of Senior Indebtedness under the provisions of this Agreement.
Effect of Provisions. The provisions of this Section 6.4 are intended to be for the benefit of, and shall be enforceable by, each of the Indemnified Parties and his or her heirs or representatives. Columbia shall make proper provision so any successors or assigns of Columbia or CB assume the obligations set forth in this Section 6.4.
Effect of Provisions. The provisions hereof are solely for the purpose of defining the relative rights of the holders of Senior Indebtedness on the one hand, and the holders of Subordinated Indebtedness on the other hand, and none of such provisions shall impair, as between the Company and any holder of the Subordinated Indebtedness, the obligations of the Company which are unconditional and absolute, to pay to such holder all of the Subordinated Indebtedness in accordance with the terms thereof nor, except as provided in Section 4.4 below, shall any such provisions prevent any holder of Subordinated Indebtedness from exercising all remedies otherwise permitted by applicable law or under the terms of such Subordinated Indebtedness upon a default thereunder, subject to the rights, if any, of holders of Senior Indebtedness under the provisions of this Agreement.
Effect of Provisions. The enumeration of the above conditions for automatic loss of seniority (and separation from employment) shall not be regarded or construed as limiting the Employer's right to discipline, the exercise of such right being subject to any express restrictions negotiated as part of this Agreement.
Effect of Provisions. The provisions hereof as to subordination are solely for the purpose of defining the relative rights of the holders of Senior Indebtedness on the one hand and the Holders of Subordinated Indebtedness on the other hand, and such provisions shall not impair as between the Obligors and any Holder of Subordinated Indebtedness the obligation of the Obligors, which is unconditional and absolute, to pay to such Holder of Subordinated Indebtedness the principal of any Subordinated Indebtedness owed by any Obligors to such Holder of Subordinated Indebtedness and interest thereon, and all other amounts in respect thereof, nor shall any such provisions prevent any Holder of Subordinated Indebtedness from exercising all remedies otherwise permitted by applicable law or under the terms of such Subordinated Indebtedness upon a default thereunder, except to the extent set forth in this Agreement.
Effect of Provisions. The provisions hereof as to subordination are solely for the purpose of defining the relative rights of the holders of Senior Indebtedness on the one hand, and the holders of the Subordinated Obligations on the other hand, and, except as otherwise expressly provided herein, none of such provisions shall impair, as between the Companies and the holders of the Subordinated Obligations, the obligations of the Companies, which are unconditional and absolute to pay to such holders all of the Subordinated Obligations in accordance with the terms thereof.
Effect of Provisions. The provisions of this Plan and of any Plan Agreement executed hereunder shall be binding upon the Bank and its successors, and assigns, and upon a Participant, his or her Beneficiary, assigns, heirs, executors, and administrators.
Effect of Provisions. The indemnification to be provided by the Partnership hereunder shall be paid only from the assets of the Partnership, and the Partners shall not have any personal obligation, or any obligation to make any payment of Contributed Capital, with respect thereto. The rights to indemnification and advancement of expenses set forth in Section 7.1 are intended to be contractual between the Partnership and the person being indemnified, and the heirs, executors, and administrators of such person, and in this respect are mandatory. The rights to indemnification and advancement of expenses set forth in Section 7.1 shall not be deemed exclusive of any other rights to which those seeking indemnification or advancements of expenses may be entitled or granted by law, the Certificate, this Agreement, the General Partner, or an agreement with the Partnership, which means of indemnification and advancement of expenses are hereby specifically authorized.
Effect of Provisions. The provisions of this Agreement will be binding upon Employer and its successors and assigns, and upon Employee, his Beneficiary or Beneficiaries, and any permitted assigns, heirs, executors and administrators.
