Common use of Indemnification of Officers, Employees and Agents Clause in Contracts

Indemnification of Officers, Employees and Agents. The Company shall indemnify and pay and advance expenses to an officer, employee or agent of the Company to the same extent and subject to the same conditions under which it may indemnify and pay and advance expenses to a Manager under this Article VIII; and the Company shall indemnify and pay and advance expenses to any Person who is not or was not a Manager, officer, employee or agent of the Company but who is or was serving at the request of the Company as a manager, director, officer, partner, venturer, proprietor, trustee, employee, agent or similar functionary of another foreign or domestic limited liability company or partnership, corporation, partnership, joint venture, sole proprietorship, trust, employee benefit plan or other enterprise against any liability asserted against such Person and incurred by such Person in such a capacity or arising out of such Person's status as such to the same extent and subject to the same conditions that the Company may indemnify and pay and advance expenses to a Manager under this Article VIII.

Appears in 13 contracts

Samples: Limited Liability Company Agreement (Builders FirstSource of Nashville, Inc.), Limited Liability Company Agreement (Builders FirstSource of Nashville, Inc.), Limited Liability Company Agreement (Builders FirstSource of Nashville, Inc.)

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Indemnification of Officers, Employees and Agents. The Company shall Company, by adoption of a resolution of the Member, may indemnify and pay and advance expenses to an officer, employee or agent of the Company to the same extent and subject to the same conditions under which it may indemnify and pay and advance expenses to a Manager or Member under this Article VIIIVI; and and, the Company shall may indemnify and pay and advance expenses to any Person Persons who is are not or was were not a ManagerManager or Member, officerofficers, employee employees or agent agents of the Company but who is are or was were serving at the request of the Company as a manager, director, officer, partner, venturer, proprietor, trustee, employee, agent or similar functionary of another foreign or domestic limited liability company or partnershipcompany, corporation, partnership, joint venture, sole proprietorship, trust, employee benefit plan or other enterprise against any liability asserted against such Person him and incurred by such Person him in such a capacity or arising out of such Person's his status as such a Person to the same extent and subject to the same conditions that the Company it may indemnify and pay and advance expenses to a Manager or Member under this Article VIIIVI.

Appears in 11 contracts

Samples: Limited Liability Company Agreement (Grant Prideco Inc), Limited Liability Company Agreement (Grant Prideco Inc), Limited Liability Company Agreement (Grant Prideco Finance LLC)

Indemnification of Officers, Employees and Agents. The Company shall indemnify and pay and advance expenses to an officer, employee or agent of the Company to the same extent and subject to the same conditions under which it may indemnify and pay and advance expenses to a Manager the Member, any Special Member or any Managers under this Article VIII; IX, and the Company shall indemnify and pay and advance expenses to any Person who is not or was not a Manager, an officer, employee or agent of the Company but and who is or was serving at the request of the Company as a member, manager, director, officer, partner, venturer, proprietor, trustee, employee, agent or similar functionary of another foreign or domestic limited liability company or partnership, corporation, partnership, joint venture, sole proprietorship, trust, employee benefit plan or other enterprise against any liability asserted against such Person and incurred by such Person in such a capacity or arising out of such Person's ’s status as such to the same extent and subject to the same conditions that the Company may indemnify and pay and advance expenses to the Member or a Special Member or any Manager under this Article VIIIIX.

Appears in 6 contracts

Samples: Limited Liability Company Agreement (CenterPoint Energy Transition Bond Co IV, LLC), Limited Liability Company Agreement (CenterPoint Energy Transition Bond Co IV, LLC), Limited Liability Company Agreement (CenterPoint Energy Transition Bond CO III, LLC)

Indemnification of Officers, Employees and Agents. The Company shall indemnify and pay and advance expenses to an officer, employee or agent of the Company to the same extent and subject to the same conditions under which it may indemnify and pay and advance expenses to a the Member, any Special Member or any Manager under this Article VIII; and the Company shall indemnify and pay and advance expenses to any Person who is not or was not a Manager, an officer, employee or agent of the Company but and who is or was serving at the request of the Company as a member, manager, director, officer, partner, venturer, proprietor, trustee, employee, agent or similar functionary of another foreign or domestic limited liability company or company, partnership, corporation, partnership, joint venture, sole proprietorship, trust, employee benefit plan or other enterprise against any liability asserted against such Person and incurred by such Person in such a capacity or arising out of such Person's status as such to the same extent and subject to the same conditions that the Company may indemnify and pay and advance expenses to a the Member, any Special Member or any Manager under this Article VIII.

Appears in 6 contracts

Samples: Limited Liability Company Agreement (Atlantic City Electric Transition Funding LLC), Limited Liability Company Agreement (Consumers Funding LLC), Limited Liability Agreement (Consumers Funding LLC)

Indemnification of Officers, Employees and Agents. The Company shall indemnify and pay and advance expenses to an officer, employee or agent of the Company to the same extent and subject to the same conditions under which it may indemnify and pay and advance expenses to a Manager the Member, any Special Member or any Managers under this Article VIII; IX, and the Company shall indemnify and pay and advance expenses to any Person who is not or was not a Manager, an officer, employee or agent of the Company but and who is or was serving at the request of the Company as a member, manager, director, officer, partner, venturer, proprietor, trustee, employee, agent or similar functionary of another foreign or domestic limited liability company or partnership, corporation, partnership, joint venture, sole proprietorship, trust, employee benefit plan or other enterprise against any liability asserted against such Person and incurred by such Person in such a capacity or arising out of such Person's status as such to the same extent and subject to the same conditions that the Company may indemnify and pay and advance expenses to the Member or a Special Member or any Manager under this Article VIIIIX.

Appears in 3 contracts

Samples: Limited Liability (CenterPoint Energy Transition Bond CO II, LLC), Limited Liability Company Agreement (Reliant Energy Transition Bond Co LLC), CenterPoint Energy Transition Bond CO II, LLC

Indemnification of Officers, Employees and Agents. The Company shall indemnify and pay and advance expenses to an officer, employee or agent of the Company to the same extent and subject to the same conditions under which it may indemnify and pay and advance expenses to a the Member, any Special Member or any Manager under this Article VIII; and the Company shall indemnify and pay and advance expenses to any Person who is not or was not a Manager, an officer, employee or agent of the Company but and who is or was serving at the request of the Company as a member, manager, director, officer, partner, venturer, proprietor, trustee, employee, agent or similar functionary of another foreign or domestic limited liability company or partnershipcompany, corporation, partnership, joint venture, sole proprietorship, trust, employee benefit plan or other enterprise against any liability asserted against such Person and incurred by such Person in such a capacity or arising out of such Person's status as such to the same extent and subject to the same conditions that the Company may indemnify and pay and advance expenses to a the Member, any Special Member or any Manager under this Article VIII.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Jcp&l Transition Funding LLC), Limited Liability Company Agreement (Jcp&l Transition Funding LLC)

Indemnification of Officers, Employees and Agents. The Company shall indemnify and pay indemnify, defend, hold harmless and advance expenses to an officer, employee or agent of the Company to the same extent and subject to the same conditions under which it may indemnify and pay indemnify, defend, hold harmless and advance expenses to a Manager Managers under this Article VIIIX; and and, the Company shall indemnify and pay and advance expenses to any Person Persons who is are not or was were not a ManagerManagers, officerofficers, employee employees or agent agents of the Company but who is are or was were serving at the request of the Company as a managerManager, director, officer, partner, venturer, proprietor, trustee, employee, agent or similar functionary of another foreign or domestic limited liability company or partnershipcompany, corporation, partnership, joint venture, sole proprietorship, trust, employee benefit plan or other enterprise against any liability asserted against such Person him and incurred by such Person him in such a capacity or arising out of such Person's his status as such a Person to the same extent and subject to the same conditions that the Company it may indemnify and pay and advance expenses to a Manager Managers under this Article VIII.X.

Appears in 1 contract

Samples: Participation Agreement (Tejas Gas Corp)

Indemnification of Officers, Employees and Agents. The Company shall indemnify and pay and advance expenses to an officer, employee or agent of the Company to the same extent and subject to the same conditions under which it may indemnify and pay and advance expenses to a the Member, any Special Member or any Manager under this Article VIII; and the Company shall indemnify and pay and advance expenses to any Person who is not or was not a Manager, an officer, employee or agent of the Company but and who is or was serving at the request of the Company as a member, manager, director, officer, partner, venturer, proprietor, trustee, employee, agent or similar functionary of another foreign or domestic limited liability company or partnershipcompany, corporation, partnership, joint venture, sole proprietorship, trust, employee benefit plan or other enterprise against any liability asserted against such Person and incurred by such Person in such a capacity or arising out of such Person's ’s status as such to the same extent and subject to the same conditions that the Company may indemnify and pay and advance expenses to a the Member, any Special Member or any Manager under this Article VIII.

Appears in 1 contract

Samples: Limited Liability Company Agreement (JCP&L Transition Funding II LLC)

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Indemnification of Officers, Employees and Agents. The Company shall indemnify and pay and advance expenses to an officerOfficer, employee or agent of the Company to the same extent and subject to the same conditions under which it may indemnify and pay and advance expenses to a any Manager under this Article VIIIXII; and the Company shall indemnify and pay and advance expenses to any Person who is not or was not a Manager, an officer, employee or agent of the Company but and who is or was serving at the request of the Company as a member, manager, director, officer, partner, venturer, proprietor, trustee, employee, agent or similar functionary of another foreign or domestic limited liability company or company, partnership, corporation, partnership, joint venture, sole proprietorship, trust, employee benefit plan or other enterprise against any liability asserted against such Person and incurred by such Person in such a capacity or arising out of such Person's status as such to the same extent and subject to the same conditions that the Company may indemnify and pay and any advance expenses to a any Manager under this Article VIIIXII.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Txu Energy Co LLC)

Indemnification of Officers, Employees and Agents. The Company shall indemnify and pay and advance expenses to an officer, employee or agent of the Company to the same extent and subject to the same conditions under which it may indemnify and pay and advance expenses to a Manager the Member or any Managers under this Article VIII; and the Company shall indemnify and pay and advance expenses to any Person who is not or was not the Member, a Manager, officer, employee or agent of the Company but who is or was serving at the request of the Company as a manager, director, officer, partner, venturer, proprietor, trustee, employee, agent or similar functionary of another foreign or domestic limited liability company or partnership, corporation, partnership, joint venture, sole proprietorship, trust, employee benefit plan or other enterprise against any liability asserted against such Person and incurred by such Person in such a capacity or arising out of such Person's status as such to the same extent and subject to the same conditions that the Company may indemnify and pay and advance expenses to a the Member or any Manager under this Article VIII.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Pp&l Transition Bond Co Inc)

Indemnification of Officers, Employees and Agents. The Company shall by adoption of a resolution of the Board of Managers, may indemnify and pay and advance expenses to an officer, employee or agent of the Company to the same extent and subject to the same conditions under which it may indemnify and pay advance expenses to Managers under this Article 8 and the Company may indemnify and advance expenses to a Manager under this Article VIII; and the Company shall indemnify and pay and advance expenses to any Person Persons who is are not or was were not a ManagerManagers, officerofficers, employee representatives, employees or agent agents of the Company but who is are or was were serving at the request of the Company as a manager, director, officer, partner, venturer, proprietor, trustee, employee, agent or similar functionary of another foreign or domestic limited liability company or partnershipcompany, corporation, partnership, joint venture, sole proprietorship, trust, employee benefit plan or other enterprise against any liability asserted against such Person him and incurred by such Person him in such a capacity or arising out of such Person's his status as such a Person to the same extent and subject to the same conditions that the Company it may indemnify and pay and advance expenses to a Manager Managers under this Article VIII8.

Appears in 1 contract

Samples: Preferred Unit Purchase Agreement (Elandia International Inc.)

Indemnification of Officers, Employees and Agents. The Company shall Company, by adoption of a resolution of the Managers, may indemnify and pay and advance expenses to an officer, employee or agent of the Company to the same extent and subject to the same conditions under which it may indemnify and pay advance expenses to Managers under this Article; and, the Company may indemnify and advance expenses to a Manager under this Article VIII; and the Company shall indemnify and pay and advance expenses to any Person persons who is are not or was were not a ManagerManagers, officerofficers, employee employees, or agent agents of the Company but who is are or was were serving at the request of the Company as a managerManager, director, officer, partner, venturer, proprietor, trustee, employee, agent or similar functionary of another foreign or domestic limited liability company or partnershipcompany, corporation, partnership, joint venture, sole proprietorship, trust, employee benefit plan or other enterprise against any liability asserted against such Person him and incurred by such Person him in such a capacity or arising out of such Person's his status as such a person to the same extent and subject to the same conditions that the Company it may indemnify and pay and advance expenses to a Manager Managers under this Article VIIIArticle.

Appears in 1 contract

Samples: Company Agreement (River Medical Inc)

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