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: Adams Natural Resources Fund, Inc., Adams Diversified Equity Fund, Inc., Adams Natural Resources Fund, Inc.

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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: Agreement and Plan of Merger (Time Warner Inc/), Agreement and Plan of Merger (America Online Inc)

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