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

Indemnification of Officers, Employees and Agents. To the fullest extent permitted by law, 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 the Member, any Special Member or any Manager under this Article VIII; and, to the fullest extent permitted by law, the Company shall indemnify and pay and advance expenses to any Person who is or was an officer, employee or agent of the Company 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, 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, any Special Member or any Manager under this Article VIII.

Appears in 5 contracts

Samples: Limited Liability Company Agreement, Limited Liability Company Agreement (PE Environmental Funding LLC), Limited Liability Company Agreement (MP Environmental Funding LLC)

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Indemnification of Officers, Employees and Agents. To The Company, by adoption of a resolution of the fullest extent permitted by lawManagers, the Company shall 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 the Member, any Special Member or any Manager a Covered Person under this Article VIII; and, to the fullest extent permitted by law, the Company shall may indemnify and pay and advance expenses to any Person Persons who is are not or was an officerwere not Managers, employee officers, in-house counsel, advisors, employees or agent agents of the Company and but who is are or was were serving at the request of the Company as a member, managerManager, director, officer, partner, venturer, proprietor, attorney, consultant, advisor, trustee, employee, agent or similar functionary of another foreign or domestic limited liability company, corporation, partnership, joint venture, sole proprietorship, trust, employee benefit plan or other enterprise against any liability asserted against such Person him or her and incurred by such Person him or her in such a capacity or arising out of such Person’s his or her 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 the Member, any Special Member or any Manager a Covered Person under this Article VIII.

Appears in 1 contract

Samples: Company Agreement (Hall Structured Finance II, LLC)

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Indemnification of Officers, Employees and Agents. To The Company, upon a determination by the fullest extent permitted by lawManager, the Company shall may indemnify and pay and advance expenses to an officer, employee (other than an Officer) or an agent of the Company to the same extent and subject to the same conditions under which it may indemnify and pay advance expenses to the Manager or a Member or Officer of the Company under this Section 8.3; and the Company, upon a determination by the Manager, may indemnify and advance expenses to the MemberPersons who are not or were not Members, any Special Member Officers, employees or any Manager under this Article VIII; and, to the fullest extent permitted by law, the Company shall indemnify and pay and advance expenses to any Person who is or was an officer, employee or agent agents of the Company and or the Manager but who is are or was were 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, 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 the Member, any Special Member Manager or any Manager to Members and Officers of the Company under this Article VIIISection 8.3.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Greenway Technologies Inc)

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