Common use of Indemnity If Successful Clause in Contracts

Indemnity If Successful. The Company shall indemnify a Managing Member, Member, Officer, director, controlling person, employee, legal representative or agent of the Company against expenses, including attorneys' fees, actually and reasonably incurred by such party in connection with the defense of any action, suit or proceeding referred to in Sections 10.1 and 10.2 hereof or in defense of any claim, issue or matter therein, to the extent that such person or entity has been successful on the merits.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Fortress Registered Investment Trust), Limited Liability Company Agreement (Capital Z Financial Services Fund Ii Lp), Limited Liability Company Agreement (Fortress Brookdale Acquisition LLC)

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Indemnity If Successful. The Company shall may indemnify a Managing Member, MemberManager, Officerofficer, director, controlling person, employee, legal representative employee or agent of the Company against expenses, including attorneys' fees, actually and reasonably incurred by such party him or her in connection with the defense of any action, suit or proceeding referred to in Sections 10.1 10.01 and 10.2 hereof 10.02 or in defense of any claim, issue or matter therein, to the extent that such person or entity has been successful on the merits.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Consumers Funding LLC), Pse&g Transition Funding LLC

Indemnity If Successful. The Company shall may indemnify a Managing ----------------------- Member, MemberManager, Officerofficer, director, controlling person, employee, legal representative employee or agent of the Company against expenses, including attorneys' fees, actually and reasonably incurred by such party him or her in connection with the defense of any action, suit or proceeding referred to in Sections 10.1 10.01 and 10.2 hereof 10.02 or in defense of any claim, issue or matter therein, to the extent that such person or entity has been successful on the merits.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Txu Transition Bond Co LLC)

Indemnity If Successful. The Company shall indemnify any Person who is or was a Managing MemberManager, Member, Officer, directorofficer, controlling personPerson, employee, legal representative or agent of the Company Company, against expenses, including attorneys' fees, actually and reasonably incurred by such party him or her in connection with the defense of any action, suit or proceeding referred to in Sections 10.1 10.01 and 10.2 hereof 10.02 or in defense of any claim, issue or matter therein, to the extent that such person or entity Person has been successful on the merits.

Appears in 1 contract

Samples: Limited Liability Company Operating Agreement (Cleco Katrina/Rita Hurricane Recovery Funding LLC)

Indemnity If Successful. The Company shall may indemnify a Managing Member, MemberManager, Officerofficer, director, controlling person, employee, legal representative employee or agent of the Company against expenses, including attorneys' fees, actually and reasonably incurred by such party him or her in connection with the defense of any action, suit or proceeding referred to in Sections 10.1 10.01 and 10.2 hereof 10.02 or in defense of any claim, issue or matter therein, to the extent that such person or entity has been successful on the merits.

Appears in 1 contract

Samples: Limited Liability Company Agreement (NCA Resources Development Co LLC)

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Indemnity If Successful. The Company shall may indemnify a Managing Member, MemberManager, Officerofficer, director, controlling person, employee, legal representative employee or agent of the Company against expenses, including attorneys' fees, actually and reasonably incurred by such party him or her in connection with the defense of any action, suit or proceeding referred to in Sections 10.1 10.01 and 10.2 hereof 10.02 or in defense of any claim, issue or matter therein, to the extent that such person or entity has been successful on the merits.. 10.04

Appears in 1 contract

Samples: Pp&l Transition Bond Co Inc

Indemnity If Successful. The Company shall indemnify a Managing MemberStockholder, Member, Officerofficer, director, controlling person, employee, legal representative or agent of the Company against expenses, including attorneys' fees, actually and reasonably incurred by such party in connection with the defense of any action, suit or proceeding referred to in Sections 10.1 7.1 and 10.2 7.2 hereof or in defense of any claim, issue or matter therein, to the extent that such person or entity has been successful on the merits.

Appears in 1 contract

Samples: Governance Agreement (Brookdale Senior Living Inc.)

Indemnity If Successful. The Company shall will indemnify a Managing any present or former Member, MemberDirector, Officer, director, controlling person, employee, legal representative employee or agent of the Company against expenses, all expenses (including attorneys' fees, ) actually and reasonably incurred by such party the person in connection with the defense of any action, suit or proceeding referred to in Sections 10.1 and 10.2 hereof Paragraph 13.1 or 13.2 or in the defense of any claim, issue or matter thereinmatter, to if the extent that such person or entity has been is successful on the meritsmerits or otherwise.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Classic Vacation Group Inc)

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