Common use of Involvement of Members in Certain Proceedings Clause in Contracts

Involvement of Members in Certain Proceedings. Should any Member become involved in legal proceedings unrelated to the Company’s business in which the Company is required to provide books, records, an accounting, or other information, then such Member shall indemnify the Company from all expenses incurred in conjunction therewith.

Appears in 9 contracts

Samples: Limited Liability Company Agreement (Lightstone Real Estate Income Trust Inc.), Limited Liability Company Agreement (DCT Chino LLC), Limited Liability Company Agreement (DCT Chino LLC)

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Involvement of Members in Certain Proceedings. Should any Member (or any constituent partner of a Member) become involved in legal proceedings unrelated to the Company’s business business, in which the Company is required to provide books, records, an accounting, or other information, then such Member shall indemnify the Company from for all costs and expenses incurred in conjunction therewith.

Appears in 3 contracts

Samples: Limited Liability Company Operating Agreement (Diamond Resorts Parent, LLC), Limited Liability Company Agreement (Diamond Resorts Parent, LLC), Limited Liability Company Operating Agreement (Diamond Resorts Parent, LLC)

Involvement of Members in Certain Proceedings. (a) Should any Member become involved in legal proceedings unrelated to the Company’s 's business in which the Company is required to provide books, records, an accounting, or other information, then such Member shall indemnify the Company from all expenses incurred in conjunction therewith.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Storage Usa Inc), Limited Liability Company Agreement (Storage Usa Inc)

Involvement of Members in Certain Proceedings. Should any Member become involved in legal proceedings unrelated to the Company’s business in which the Company is required to provide books, records, an accounting, or other information, then such Member shall indemnify the Company from all expenses incurred in conjunction therewith.

Appears in 1 contract

Samples: Limited Liability Company Agreement

Involvement of Members in Certain Proceedings. Should any Member become involved in legal proceedings unrelated to the Company’s 's business in which the Company is required to provide books, records, an accounting, or other information, then such Member shall indemnify the Company from all expenses incurred in conjunction therewith.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Apartment Investment & Management Co)

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Involvement of Members in Certain Proceedings. Should any Member become involved in legal proceedings unrelated to the Company’s business in which the Company is required to provide books, records, an accounting, or other information, then such Member shall indemnify the Company from against all expenses incurred in conjunction therewith.

Appears in 1 contract

Samples: Limited Liability Company Agreement (iBio, Inc.)

Involvement of Members in Certain Proceedings. Should any Member become involved in legal proceedings unrelated to the Company’s 's business in which the Company is required to provide books, records, an accounting, or other information, then such Member shall indemnify the Company from all expenses incurred in conjunction therewith. Interest.

Appears in 1 contract

Samples: Limited Liability Company Agreement

Involvement of Members in Certain Proceedings. Should any Member become involved in legal proceedings unrelated to the Company’s business in which the Company is required to provide books, records, an accounting, or other information, then such Member shall indemnify the Company from all reasonable, third party, out of pocket expenses incurred in conjunction therewith.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Hilton Grand Vacations Inc.)

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