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

Indemnification of Officers, Employees and Agents. The Company may indemnify and advance expenses under Section 7 to an officer, employee or agent of the Company who is not a Member or Manager to the same extent and subject to the same conditions that the Company could indemnify and advance expenses to a Manager under this Agreement and Delaware law.

Appears in 5 contracts

Samples: Merger Agreement (MVP REIT II, Inc.), Merger Agreement (MVP REIT, Inc.), Merger Agreement (Moody National REIT I, Inc.)

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Indemnification of Officers, Employees and Agents. The Company may indemnify and advance expenses under this Section 7 to an officer, employee or agent of the Company who is not a Member or Manager to the same extent and subject to the same conditions that the Company could indemnify and advance expenses to a Manager the Member under this Agreement and Delaware law.

Appears in 1 contract

Samples: Limited Liability Company Operating Agreement (Graphic Packaging International, LLC)

Indemnification of Officers, Employees and Agents. The Company may shall indemnify and advance expenses under this Section 7 to an officer, employee or agent of the Company who is not a Member or Manager to the same extent and subject to the same conditions that the Company could indemnify and advance expenses to a Manager the Member under this Agreement and Delaware law.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Equinox Trust)

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Indemnification of Officers, Employees and Agents. The Company may indemnify and advance expenses under this Section 7 to an officer, employee or agent of the Company who is not a Member or Manager to the same extent and subject to the same conditions that the Company could it may indemnify and advance expenses to a Manager under this Agreement and Delaware lawMember or Manager.

Appears in 1 contract

Samples: Operating Agreement (Worldwide Auto Parts, Inc.)

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