Common use of Excluded Coverage Clause in Contracts

Excluded Coverage. The Corporation shall have NO obligation to indemnify and hold the Director and/or Officer harmless against any Losses or Expenses which have been judicially determined to constitute an Excluded Proceeding.

Appears in 2 contracts

Samples: Indemnification Agreement (Ballantyne Strong, Inc.), Indemnification Agreement (BK Technologies Corp)

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Excluded Coverage. The Corporation shall have NO no obligation to indemnify and hold the Director and/or Officer harmless against any Losses or Expenses which have been judicially determined to constitute an Excluded Proceeding.

Appears in 2 contracts

Samples: Indemnification Agreement (FG Financial Group, Inc.), Indemnification Agreement (1347 Property Insurance Holdings, Inc.)

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Excluded Coverage. The Corporation shall have NO no obligation to indemnify and hold the Director and/or Officer harmless against any Losses or Expenses which have been judicially determined Determined to constitute an Excluded ProceedingClaim.

Appears in 1 contract

Samples: Indemnification Agreement (Kingsway Financial Services Inc)

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