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: Agreement and Plan of Merger (MVP REIT II, Inc.), Agreement and Plan of Merger (MVP REIT, Inc.), Agreement and Plan of Merger (Moody National REIT I, Inc.)

AutoNDA by SimpleDocs

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)

AutoNDA by SimpleDocs

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: Limited Liability Company Operating Agreement (Worldwide Auto Parts, Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.