Common use of Indemnification of Tax Matters Member Clause in Contracts

Indemnification of Tax Matters Member. The Company shall defend, indemnify and hold harmless the Tax Matters Member for all expenses Including legal and accounting fees, claims, liabilities, losses and damages incurred in connection with the performance of such Member as Tax Matters Member. Neither the Members or the Manager, nor any other Person or Affiliate of the Company shall have any obligation to provide funds for such purpose.

Appears in 1 contract

Samples: Operating Agreement (Rock Financial Corp/Mi/)

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Indemnification of Tax Matters Member. The Company shall defend, indemnify and hold harmless the Tax Matters Member for from all expenses Including including, without limitation, legal and accounting fees, claims, liabilities, losses and damages incurred in connection with the performance of such Member as Tax Matters Member. Neither the Members or nor the ManagerManagers, nor any other Person person or Affiliate affiliate of the Company shall have any obligation to provide funds for such purpose.. ARTICLE IX -

Appears in 1 contract

Samples: Operating Agreement (Sensory Performance Technology, Inc)

Indemnification of Tax Matters Member. The Company shall defend, indemnify and hold harmless the Tax Matters Member for all expenses Including including, but not limited to, legal and accounting fees, claims, liabilities, losses and damages incurred in connection with the performance of such Member as Tax Matters Member. Neither the Members or the Manager, nor any other Person or Affiliate of the Company shall have any obligation to provide funds for such purpose.

Appears in 1 contract

Samples: Operating Agreement (University Bancorp Inc /De/)

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Indemnification of Tax Matters Member. The Company shall defend, indemnify indemnify, and hold harmless the Tax Matters Member for all expenses Including (including, but not limited to, legal and accounting fees), claims, liabilities, losses losses, and damages incurred in connection with the me performance of such Member Member’s duties as Tax Matters Member. Neither the Members or the Manager, nor any other Person or Affiliate of the Company shall have any obligation to provide funds for such purpose.

Appears in 1 contract

Samples: Operating Agreement (Visteon European Holdings, Inc.)

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