Liability of Investor Director Sample Clauses

Liability of Investor Director. The Investor Director will be a non-executive Director. The Promoters and lhe Company expressly agree that the Investor Director shall not be identified or classified or appointed as an officer in charge! default of the Company or any Subsidiary or occupier of any premises used by the Company or any Subsidiary.
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Liability of Investor Director. 10.18.1. The Company expressly agree that the Investor Director will be a non- executive Director. 10.18.2. The Company expressly agree and undertake that the Investor Director/Board Observer shall not be in charge of, or responsible for the day to day management of the Company and shall not be deemed, to the extent permissible under the Act, to be an “officer in default” as the term is defined in the Act and shall accordingly not be liable for any default or failure of the Company in complying with the provisions of any Applicable Law.
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Liability of Investor Director. 8.19.1 The Founders and the Company expressly agree that the Investor Director will be a non-executive Director.
Sample 1

Related to Liability of Investor Director

  • Indemnification by Client Client shall indemnify and hold Dalmore, its affiliates and their representatives and agents harmless from, any and all actual or direct losses, liabilities, judgments, arbitration awards, settlements, damages and costs (collectively, “Losses”), resulting from or arising out of any third party suits, actions, claims, demands or similar proceedings (collectively, “Proceedings”) to the extent they are based upon (i) a breach of this Agreement by Client, (ii) the wrongful acts or omissions of Client, or (iii) the Offering.

  • Indemnification Related to Confidentiality of Materials The Contractor will protect, defend, indemnify, and hold harmless the Department for claims, costs, fines, and attorney’s fees arising from or relating to its designation of materials as trade secret or otherwise confidential.

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