Common use of Initiation of Proceeding Clause in Contracts

Initiation of Proceeding. Notwithstanding anything in this Agreement to the contrary, Indemnitee shall not be entitled to Indemnification under this Agreement in connection with any Proceeding initiated by Indemnitee against Bancorp or any director or officer of Bancorp unless:

Appears in 2 contracts

Samples: Indemnification Agreement (Greater Bay Bancorp), Form of Indemnification Agreement (GBB Capital I)

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Initiation of Proceeding. Notwithstanding anything in this Agreement to the contrary, Indemnitee shall not be entitled to Indemnification under indemnification pursuant to this Agreement in connection with any Proceeding initiated by Indemnitee against Bancorp the Company or any director or officer of Bancorp the Company unless:

Appears in 1 contract

Samples: Indemnification Agreement (Destia Communications Inc)

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Initiation of Proceeding. Notwithstanding anything in this Agreement to the contrary, Indemnitee shall not be entitled to Indemnification under indemnification pursuant to this Agreement in connection with any Proceeding initiated by Indemnitee against Bancorp the Company or any director or officer of Bancorp unless:the Company unless first authorized by the Board.

Appears in 1 contract

Samples: Indemnification Agreement (Elandia, Inc.)

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