Common use of General Rule Clause in Contracts

General Rule. The Company shall indemnify an indemnified representative against any liability incurred in connection with any proceeding in which the indemnified representative may be involved as a party or otherwise by reason of the fact that such person is or was serving in an indemnified capacity, including, without limitation, liabilities resulting from any actual or alleged breach or neglect of duty, error, misstatement or misleading statement, negligence, gross negligence or act giving rise to strict or products liability, except:

Appears in 49 contracts

Samples: Limited Liability Company Agreement (Entercom Springfield, LLC), Limited Liability Company Agreement (Entercom Springfield, LLC), Limited Liability Company Agreement (Entercom Springfield, LLC)

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General Rule. The Company corporation shall indemnify an indemnified representative against any liability incurred in connection with any proceeding in which the indemnified representative may be involved as a party or otherwise by reason of the fact that such person is or was serving in an indemnified capacity, including, without limitation, liabilities resulting from any actual or alleged breach or neglect of duty, error, misstatement or misleading statement, negligence, gross negligence or act giving rise to strict or products liability, except:except to the extent prohibited by applicable law.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Marlin Business Services Corp), Agreement and Plan of Merger (Blue Ridge Real Estate Co)

General Rule. The Company shall indemnify an indemnified representative Indemnified Representative against any liability Liability incurred in connection with any proceeding Proceeding in which the indemnified representative Indemnified Representative may be involved as a party or otherwise by reason of the fact that such person is or was serving in an indemnified capacityIndemnified Capacity, including, without limitation, liabilities Liabilities resulting from any actual or alleged breach or neglect of duty, error, misstatement or misleading statement, negligence, gross negligence or act giving rise to strict or products liability, except:

Appears in 2 contracts

Samples: Operating Agreement (Scantek Medical Inc), Agreement (Scantek Medical Inc)

General Rule. The Company Corporation shall indemnify an indemnified representative Indemnified Representative (as defined herein) against any liability incurred in connection with any proceeding in which the indemnified representative Indemnified Representative may be involved as a party or otherwise by reason of the fact that such person is or was serving in an indemnified capacityIndemnified Capacity (as defined herein), including, without limitation, liabilities resulting from any actual or alleged breach or neglect of duty, error, misstatement or misleading statement, negligence, gross negligence or act giving rise to strict or products liabilityLiability (as defined herein), except:

Appears in 1 contract

Samples: Palci Membership Agreement

General Rule. The Company shall indemnify an indemnified representative Indemnified Representative against any liability incurred in connection with any proceeding Proceeding in which the indemnified representative Indemnified Representative may be involved as a party or otherwise by reason of the fact that such person the Indemnified Representative is or was serving in an indemnified capacityIndemnified Capacity, including, without limitation, liabilities resulting from any actual or alleged breach or neglect of duty, error, misstatement or misleading statement, negligence, gross negligence or act giving rise to strict or products liability, except:

Appears in 1 contract

Samples: Operating Agreement (Noble Advisors, LLC)

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General Rule. The Company corporation ------------------------ ------------ shall indemnify an indemnified representative against any liability incurred in connection with any proceeding in which the indemnified representative may be involved as a party or otherwise by reason of the fact that such person is or was serving in an indemnified capacity, including, without limitation, liabilities resulting from any actual or alleged breach or neglect of duty, error, misstatement or misleading statement, negligence, gross negligence or act giving rise to strict or products liability, except:

Appears in 1 contract

Samples: Commercial Aggregates Transportation & Sales LLC

General Rule. The Company shall indemnify an indemnified representative Indemnified Person against any liability incurred in connection with any proceeding Proceeding in which the indemnified representative Indemnified Person may be involved as a party or otherwise by reason of the fact that such person the Indemnified Person is or was serving in an indemnified capacityIndemnified Capacity, including, without limitation, including liabilities resulting from any actual or alleged breach or neglect of duty, error, misstatement or misleading statement, or negligence, gross negligence or act giving rise to strict or products liability, except:

Appears in 1 contract

Samples: Operating Agreement (Rodman & Renshaw Capital Group, Inc.)

General Rule. The Company Corporation shall indemnify an indemnified representative Indemnified Representative (as defined herein) against any liability incurred in connection with any proceeding in which the indemnified representative Indemnified Representative may be involved as a party or otherwise by reason of the fact that such person is or was serving in an indemnified capacityIndemnified Capacity (as defined herein), including, without limitation, liabilities resulting from any actual or alleged breach or neglect of duty, error, misstatement or misleading statement, negligence, gross negligence or act giving rise to strict or products liabilityLiability (as defined herein), except:

Appears in 1 contract

Samples: Palci Membership Agreement

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