Common use of Liability Insurance and Funding Clause in Contracts

Liability Insurance and Funding. To the extent the Company maintains an insurance policy or policies providing directors’ and officers’ liability insurance, Indemnitee shall be covered by such policy or policies, in accordance with its or their terms, to the maximum extent of the coverage available for any director or officer of the Company. If, at the time of the receipt of a notice of a claim pursuant to Section 4 hereof, the Company has directors’ and officers’ liability insurance in effect, the Company shall give prompt notice of the commencement of any Proceeding to the insurers in accordance with the procedures set forth in the respective policies. The Company shall thereafter take all necessary or desirable action to cause such insurers to pay, on behalf of Indemnitee, all amounts payable as a result of such Proceeding in accordance with the terms of such policies. The Company shall have no obligation to obtain or maintain such insurance.

Liability Insurance and Funding. To the extent the Company maintains an insurance policy or policies providing directors’ ' and officers’ ' liability insurance, Indemnitee shall be covered by such policy or policiespolices, in accordance with its or their terms, to the maximum extent of the coverage available for any director or officer of the Company. If, at the time of the receipt of a notice of a claim pursuant to Section 4 hereof, the Company has directors’ ' and officers’ ' liability insurance in effect, the Company shall give prompt notice of the commencement of any Proceeding such proceeding to the insurers in accordance with the procedures set forth in the respective policies. The Company shall thereafter take all necessary or desirable action to cause such insurers to pay, on behalf of Indemnitee, all amounts payable as a result of such Proceeding proceeding in accordance with the terms of such policies. The Company shall have no obligation to obtain or maintain such insurance.

Liability Insurance and Funding. To the extent the Company maintains an insurance policy or policies providing directorstrustees’ and officers’ liability insurance, Indemnitee shall be covered by such policy or policies, in accordance with its or their terms, to the maximum extent of the coverage available for any director trustee or officer of the Company. If, at the time of the receipt of a notice of a claim pursuant to Section 4 hereof, the Company has directorstrustees’ and officers’ liability insurance in effect, the Company shall give prompt notice of the commencement of any Proceeding to the insurers in accordance with the procedures set forth in the respective policies. The Company shall thereafter take all necessary or desirable action to cause such insurers to pay, on behalf of Indemnitee, all amounts payable as a result of such Proceeding in accordance with the terms of such policies. The Company shall have no obligation to obtain or maintain such insurance.

Liability Insurance and Funding. To the extent the Company maintains an insurance policy or policies providing directors’ ' and officers’ ' liability insurance, Indemnitee shall be covered by such policy or policies, in accordance with its or their terms, to the maximum extent of the coverage available for any director or officer of the Company. If, at the time of the receipt of a notice of a claim pursuant to Section 4 hereof, the Company has directors’ ' and officers’ ' liability insurance in effect, the Company shall give prompt notice of the commencement of any Proceeding such proceeding to the insurers in accordance with the procedures set forth in the respective policies. The Company shall thereafter take all necessary or desirable action to cause such insurers to pay, on behalf of Indemnitee, all amounts payable as a result of such Proceeding proceeding in accordance with the terms of such policies. The Company shall have no obligation to obtain or maintain such insurance.

Liability Insurance and Funding. To the extent the Company maintains an insurance policy or policies providing directors’ and officers’ liability insurance, Indemnitee shall be covered by such policy or policies, in accordance with its or their terms, to the maximum extent of the coverage available for any director or officer of the Company. If, at the time of the receipt of a notice of a claim pursuant to Section 4 hereof, the Company has directors’ director’s and officers’ officer’s liability insurance in effect, the Company shall give prompt notice of the commencement of any Proceeding such proceeding to the insurers in accordance with the procedures set forth in the respective policies. The Company shall thereafter take all necessary or desirable action to cause such insurers to pay, on behalf of Indemnitee, all amounts payable as a result of such Proceeding proceeding in accordance with the terms of such policies. The Company shall have no obligation to obtain or maintain such insurance.

Liability Insurance and Funding. To the extent the Company maintains an ------------------------------- insurance policy or policies providing directors’ ' and officers’ ' liability insurance, Indemnitee shall be covered by such policy or policies, in accordance with its or their terms, to the maximum extent of the coverage available for any director or officer of the Company. If, at the time of the receipt of a notice of a claim pursuant to Section 4 hereof, the Company has directors’ ' and officers’ ' liability insurance in effect, the Company shall give prompt notice of the commencement of any Proceeding such proceeding to the insurers in accordance with the procedures set forth in the respective policies. The Company shall thereafter take all necessary or desirable action to cause such insurers to pay, on behalf of Indemnitee, all amounts payable as a result of such Proceeding in accordance with the terms of such policies. The Company shall have no obligation to obtain or maintain such insurance.

Liability Insurance and Funding. To the extent the Company maintains an insurance policy or policies providing directors’ ' and officers’ ' liability insurance, Indemnitee shall be covered by such policy or policies, in accordance with its or their terms, to the maximum extent of the coverage available for any director or officer of the Company. If, at the time of the receipt of a notice of a claim pursuant to Section 4 hereof, the Company has directors’ ' and officers’ ' liability insurance in effect, the Company shall give prompt notice of the commencement of any Proceeding such proceeding to the insurers in accordance with the procedures set forth in the respective policies. The Company shall thereafter take all necessary or desirable action to cause such insurers to pay, on behalf of Indemnitee, all amounts payable as a result of such Proceeding in accordance with the terms of such policies. The Company shall have no obligation to obtain or maintain such insurance.

Liability Insurance and Funding. To the extent the Company maintains ------------------------------- an insurance policy or policies providing directors’ ' and officers’ ' liability insurance, Indemnitee shall be covered by such policy or policies, in accordance with its or their terms, to the maximum extent of the coverage available for any director or officer of the Company. If, at the time of the receipt of a notice of a claim pursuant to Section 4 hereof, the Company has directors’ director's and officers’ officer's liability insurance in effect, the Company shall give prompt notice of the commencement of any Proceeding such proceeding to the insurers in accordance with the procedures set forth in the respective policies. The Company shall thereafter take all necessary or desirable action to cause such insurers to pay, on behalf of Indemnitee, all amounts payable as a result of such Proceeding proceeding in accordance with the terms of such policies. The Company shall have no obligation to obtain or maintain such insurance.

Liability Insurance and Funding. To the extent the Company maintains ------------------------------- an insurance policy or policies providing directors’ ' and officers’ ' liability insurance, Indemnitee shall be covered by such policy or policies, in accordance with its or their terms, to the maximum extent of the coverage available for any director or officer of the Company. If, at the time of the receipt of a notice of a claim pursuant to Section 4 hereof, the Company has directors’ ' and officers’ ' liability insurance in effect, the Company shall give prompt notice of the commencement of any Proceeding such proceeding to the insurers in accordance with the procedures set forth in the respective policies. The Company shall thereafter take all necessary or desirable action to cause such insurers to pay, on behalf of Indemnitee, all amounts payable as a result of such Proceeding in accordance with the terms of such policies. The Company shall have no obligation to obtain or maintain such insurance.