Common use of Indemnification; Not Exclusive Right Clause in Contracts

Indemnification; Not Exclusive Right. The right of indemnification provided in this Article shall not be exclusive of any other rights to which those seeking indemnification may otherwise be entitled, and the provisions of this Article shall inure to the benefit of the heirs and legal representatives of any person entitled to indemnity under this Article and shall be applicable to Proceedings commended or continuing after the adoption of this Article, whether arising from acts or omissions occurring before or after such adoption.

Appears in 4 contracts

Samples: Amended and Restated Bylaws (Adams Diversified Equity Fund, Inc.), Amended and Restated Bylaws (Adams Natural Resources Fund, Inc.), Amended and Restated Bylaws (Adams Natural Resources Fund, Inc.)

AutoNDA by SimpleDocs

Indemnification; Not Exclusive Right. The right of indemnification provided in this Article shall not be exclusive of any other rights to which those seeking indemnification an Indemnitee may otherwise be entitled, and the provisions of this Article shall inure to the benefit of the heirs and legal representatives of any person entitled to indemnity Indemnitee under this Article and shall be applicable to Proceedings commended commenced or continuing after the adoption of this Article, whether arising from acts or omissions occurring before or after such adoption.

Appears in 2 contracts

Samples: Merger Agreement (Time Warner Inc/), Merger Agreement (America Online Inc)

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