Common use of Effect of Repeal or Modification Clause in Contracts

Effect of Repeal or Modification. Any repeal or modification of any -------------------------------- of the foregoing provisions of this Article V shall not adversely affect any right or protection of a director, officer, agent or other person existing at the time of, or increase the liability of any director of the Corporation with respect to any acts or omissions of such director occurring prior to, such repeal or modification.

Appears in 10 contracts

Samples: Loan and Security Agreement (Corsair Communications Inc), Directed Share Agreement (Corsair Communications Inc), Intercreditor Agreement (Corsair Communications Inc)

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Effect of Repeal or Modification. Any repeal or modification of -------------------------------- any -------------------------------- of the foregoing provisions of this Article V shall not adversely affect any right or protection of a director, officer, agent or other person existing at the time of, or increase the liability of any director of the Corporation with respect to any acts or omissions of such director occurring prior to, such repeal or modification.

Appears in 1 contract

Samples: Warrant Agreement (Corsair Communications Inc)

Effect of Repeal or Modification. Any repeal or modification of any -------------------------------- of the foregoing provisions of this Article V shall not adversely affect any right or protection of indemnification of a director, officer, employee or agent or other person of the corporation existing at the time of, of such repeal or increase the liability of any director of the Corporation modification with respect to any acts action or omissions of such director omission occurring prior to, to such repeal or modification.

Appears in 1 contract

Samples: Credit Agreement (American States Water Co)

Effect of Repeal or Modification. Any repeal or modification of any -------------------------------- of the foregoing provisions of this Article V shall not adversely affect any right or protection of a director, officer, agent or other person existing at the time of, or increase the liability of any director of the Corporation with respect to any acts or omissions of such director occurring prior to, such repeal or modification.

Appears in 1 contract

Samples: Preferred Stock Purchase Agreement (Vista Medical Technologies Inc)

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Effect of Repeal or Modification. Any repeal or modification of any -------------------------------- of the foregoing provisions of this Article V shall be prospective and shall not adversely affect any right or protection of a director, officer, agent or other person existing at the time of, or increase the liability of any director of the Corporation corporation with respect to any acts or omissions of such director occurring prior to, such repeal or modification.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Dura Pharmaceuticals Inc/Ca)

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