Common use of Indemnification for Breach Clause in Contracts

Indemnification for Breach. To the fullest extent permitted by law, each Member shall indemnify the Company, each Manager and each other Member and hold all of them harmless from and against all losses, costs, liabilities, damages and expenses (including, without limitation, costs of suit and attorneys' fees) they may incur on account of any material breach by that Member of this Operating Agreement.

Appears in 3 contracts

Samples: Operating Agreement, Operating Agreement (Accelera Innovations, Inc.), Operating Agreement (Accelera Innovations, Inc.)

AutoNDA by SimpleDocs

Indemnification for Breach. To the fullest extent permitted by law, each Member shall indemnify the Company, each Manager Company and each other Member and hold all of them harmless from and against all losses, costs, liabilities, damages and expenses (including, without limitation, costs of suit and attorneys' ’ fees) they may incur on account of any material breach by that Member of this Operating Agreement.

Appears in 3 contracts

Samples: Operating Agreement (Aleris International, Inc.), Limited Liability Company Operating Agreement (FDR Ireland LTD), Limited Liability Company Operating Agreement (FDR Ireland LTD)

Indemnification for Breach. To the fullest extent permitted by law, each Member shall indemnify the Company, each Manager and each other Member and hold all of them harmless from and against all losses, costs, liabilities, damages and expenses (including, without limitation, costs of suit and attorneys' fees) they may incur on account of any material breach by that Member of this Operating Agreement.

Appears in 1 contract

Samples: Equipment Purchase Agreement (Ecolocap Solutions Inc.)

Indemnification for Breach. To the fullest extent permitted by law, each Member and Series Member shall indemnify the Company, each Manager Company and each other Member and Series Member and hold all of them harmless from and against all losses, costs, liabilities, damages and expenses (including, without limitation, costs of suit and attorneys' ’ fees) they may incur on account of any material breach by that such Member or Series Member of this Operating Agreement or any Series Agreement.

Appears in 1 contract

Samples: Operating Agreement (My Income Property, LLC)

AutoNDA by SimpleDocs

Indemnification for Breach. To the fullest extent permitted by law, each Member Manager and Member, including former Members or Managers, shall indemnify and exonerate the Company, each Manager Company and each other Member Manager and Member, including former Members or Managers, and hold all of them harmless from and against all losses, costs, liabilities, damages damages, and expenses (including, without limitation, costs of suit and attorneys' attorneys= fees) they may incur on account of any material breach by that Manager or Member of this Operating Agreement.

Appears in 1 contract

Samples: Operating Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!