Indemnity of the Managers, Employees and Other Agents. The Company shall indemnify the Managers and make advances for expenses to the maximum extent permitted under Section 10-32-99 of the North Dakota Act. The Company shall indemnify its employees and other agents who are not Managers to the fullest extent permitted by law, provided that such indemnification in any given situation is approved by Members owning a Voting Majority Interest.
Indemnity of the Managers, Employees and Other Agents. (a) To the fullest extent permitted by law, if the Manager(s) associated with a Series approve, a Manager associated with such Series, any officers, directors, shareholders, partners, members, employees, representatives or agents of such Manager, or their respective affiliates, or any employee or agent of such Series (each, a “Covered Person”) shall be entitled to indemnification from such Series for any loss, damage or claim incurred by such Covered Person for any act or omission performed or omitted by such Covered Person in good faith on behalf of the Company or such Series and in a manner reasonably believed to be within the scope of authority conferred on such Covered Person by this Agreement and any Separate Series Agreement, except thatno Covered Person shall be entitled to be indemnified regarding any loss, damage or claim incurred by such Covered Person from fraud, deceit, gross negligence, willful misconduct or a wrongful taking regarding such acts or omissions; provided, however, that any indemnity under this Section 5.06 shall be provided out of and for the assets of the such Series only, and no Covered Person or any other Series shall have any personal liability on account thereof.
Indemnity of the Managers, Employees and Other Agents. To the fullest extent permitted by the Georgia Act, the Company shall indemnify the Managers and its officers, if any, from and against all costs of defense (including reasonable fees), judgments, fines, and amounts paid in settlement suffered by a Manager because a Manager was made a party to an action because the Manager is or was a Manager or an Officer of the Company or an officer, director, partner, or manager of another Person at the request of the Company, and make advances for expenses to such Managers and officers with respect to such matters to the maximum extent permitted under applicable law.
Indemnity of the Managers, Employees and Other Agents. To the fullest extent permitted under Georgia Act Section 14-10-000, xxe Company shall indemnify the Managers, their employees and agents and make advances for expenses to the Managers with respect to such matters to the maximum extent permitted under applicable law. The Company shall indemnify its employees and other agents who are not a Manager to the fullest extent permitted by law.
Indemnity of the Managers, Employees and Other Agents. The Company shall indemnify the Managers and make advances for expenses to the maximum extent permitted under the Act. The Company shall indemnify its employees and other agents who are not managers to the fullest extent permitted by law, provided that such indemnification in any given situation is approved by a majority in interest of the Members.
Indemnity of the Managers, Employees and Other Agents. The Company shall indemnify the Manager and make advances for expenses to the maximum extent permitted under the Act. The Company shall indemnify its employees and other agents who are not Managers to the fullest extent permitted by law, provided that such indemnification in any given situation is approved by Members owning a Majority Interest. The Company shall indemnify the Manager for and hold him harmless from any liability, whether civil or criminal, and any loss, damage, or expense, including reasonable attorneys' fees, incurred in connection with the ordinary and proper conduct of the company's business and the preservation of its business and property, or by reason of the fact that such person is or was a Manager; provided the Manager to be indemnified acted in good faith and in a manner such Manager believed to be consistent with the provisions of this Agreement; and provided further that with respect to any criminal action or proceeding, the Manager to be indemnified had no reasonable cause to believe the conduct was unlawful. The termination of any action, suit or proceeding by judgment, order, settlement, conviction, or upon a plea of nolo contendere or its equivalent shall not of itself create a presumption that indemnification is not available hereunder. The obligation of the company to indemnify any Manager hereunder shall be satisfied out of Company assets only, and if the assets of the Company are insufficient to satisfy its obligation to indemnify any Manager, such Manager shall not be entitled to contribution from any Equity owner.
Indemnity of the Managers, Employees and Other Agents. Subject to Section 6.11, and the Articles of Organization of the Company, the Company shall indemnify the Managers and make advances for expenses to the maximum extent permitted under the Iowa Limited Liability Company Act. The Company shall indemnify its employees and other agents who are not Managers to the fullest extent permitted by law, provided that such indemnification in any given situation is approved by Principal Members owning a majority of the Principal Membership Units.
Indemnity of the Managers, Employees and Other Agents. To the maximum extent permitted under the Florida Act, the Company shall defend and indemnify the Managers for acts committed in the scope of their duties pursuant to this Operating Agreement and make advances for expenses. The Company shall indemnify its employees and other agents who are not Managers to the fullest extent permitted by law, provided that the indemnification in any given situation is approved by Members owning a Majority Capital Interest.
Indemnity of the Managers, Employees and Other Agents. To the maximum extent permitted under the Act, the Company shall indemnify the Managers and make advances for expenses to the maximum extent permitted under the Act. The Company shall indemnify its employees and other agents who are not Managers to the fullest extent permitted by law, provided that such indemnification in any given situation is approved by a majority of the Voting Interests of Members.
Indemnity of the Managers, Employees and Other Agents. The Company shall indemnify the Managers and make advances for expenses to the maximum extent permitted under Section 7-80-410 of this Colorado Act. The Company shall indemnify its employees and other agents who are not Managers to the fullest extent permitted by law, provided that such indemnification in any given situation is approved by Members owning a Super Majority Interest.
