Common use of Indemnification for Expenses of Successful Party Clause in Contracts

Indemnification for Expenses of Successful Party. Notwithstanding the limitations of Sections 3, 4 or 11(d), to the fullest extent permitted by Bermuda law and whether or not the Indemnitee has been successful, on the merits or otherwise, in whole or in part, in defense of any Indemnifiable Proceeding, or in defense of any claim, issue or matter therein (other than in respect of fraud or dishonesty), or if it is determined in a final and non-appealable judgment by a court of competent jurisdiction that Indemnitee is otherwise entitled to be indemnified against Expenses, the Company shall indemnify Indemnitee against all Expenses incurred in connection with such Indemnifiable Proceeding.

Appears in 3 contracts

Samples: Indemnification Agreement (IBEX LTD), Indemnification Agreement (IBEX LTD), Indemnification Agreement (IBEX Holdings LTD)

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Indemnification for Expenses of Successful Party. Notwithstanding the limitations of Sections 3, 4 or 11(d10(d), to the fullest extent permitted by Bermuda law and whether or not the Indemnitee has been successful, on the merits or otherwise, in whole or in part, in defense of any Indemnifiable Proceeding, or in defense of any claim, issue or matter therein (other than in respect of fraud or dishonesty), or if it is determined in a final and non-appealable judgment by a court of competent jurisdiction that Indemnitee is otherwise entitled to be indemnified against Expenses, the Company shall indemnify Indemnitee against all Expenses incurred in connection with such Indemnifiable Proceeding.

Appears in 1 contract

Samples: Indemnification Agreement (Xl Group LTD)

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Indemnification for Expenses of Successful Party. Notwithstanding the limitations of Sections 3, 4 or 11(d10(d), to the fullest extent permitted by Bermuda Cayman Islands law and whether or not to the extent that Indemnitee has been successful, on the merits or otherwise, in whole or in part, in defense of any Indemnifiable Proceeding, or in defense of any claim, issue or matter therein (other than in respect of fraud or dishonesty)therein, or if it is determined in a final and non-appealable judgment by a court of competent jurisdiction that Indemnitee is otherwise entitled to be indemnified against Expenses, the Company shall indemnify Indemnitee against all Expenses incurred in connection with such Indemnifiable Proceeding.

Appears in 1 contract

Samples: Indemnification Agreement (Xl Capital LTD)

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