Common use of Liability of Member Indemnification Clause in Contracts

Liability of Member Indemnification. The Member shall not have any liability to the Company or any third party for the obligations or liabilities of the Company except to the extent required by the Act. The Company shall, to the full extent permitted by applicable law, indemnify and hold harmless the Member, each director and each Officer against liabilities incurred in connection with any action, suit or proceeding to which the Member, director or Officer may be made a party or otherwise involved or with which the Member, director or Officer shall be threatened by reason of its being a Member, director or Officer or while acting as such on behalf of the Company or in Company's interest.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Dex Media International Inc), Limited Liability Company Agreement (Dex Media West LLC)

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Liability of Member Indemnification. The Member Members shall not have any liability to the Company Company, any other Members or any third party for the obligations or liabilities of the Company except to the extent required by the Act. The Company shall, to the full extent permitted by applicable law, indemnify and hold harmless the Member, each director Member and each Officer Manager against liabilities incurred by it in connection with any action, suit or proceeding to which the Member, director or Officer it may be made a party or otherwise involved or with which the Member, director such Member or Officer such Manager shall be threatened by reason of its being a Member, director Member or Officer Manager or while acting as such a Member or Manager on behalf of the Company or in Company's its interest.

Appears in 2 contracts

Samples: Merger Agreement (Alter Robert A), Merger Agreement (Westbrook Real Estate Partners LLC)

Liability of Member Indemnification. The Member Members shall not have any liability to the Company Company, any other Members or any third party for the obligations or liabilities of the Company except to the extent required by the Act. The Company shall, to the full extent permitted by applicable law, indemnify and hold harmless the Member, each director Member and each Officer against liabilities incurred by it in connection with any action, suit or proceeding to which the Member, director or Officer it may be made a party or otherwise involved or with which the Member, director such Member or such Officer shall be threatened by reason of its being a Member, director Member or Officer or while acting as such a Member or Officer on behalf of the Company or in Company's its interest.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Imc Usa Holdings Inc), Limited Liability Company Agreement (Phosphate Resource Partners Limited Partnership)

Liability of Member Indemnification. The Member shall not have any liability to the Company or any third party for the obligations or liabilities of the Company except to the extent required by the Act. The Company shall, to the full extent permitted by applicable law, indemnify and hold harmless the Member, each director Member and each Officer against liabilities incurred by it in connection with any action, suit or proceeding to which the Member, director or Officer it may be made a party or otherwise involved or with which the Member, director Member or such Officer shall be threatened by reason of its being a Member, director Member or Officer or while acting as such a Member or Officer on behalf of the Company or in Company's its interest.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Imc Usa Holdings Inc)

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Liability of Member Indemnification. The Member shall shalI not have any liability to the Company or any third party for the obligations or liabilities of the Company except to the extent required by the Act. The Company shall, to the full extent permitted by applicable law, indemnify and hold harmless the Member, each director and each Officer against liabilities incurred in connection with any action, suit or proceeding to which the Member, director or Officer may be made a party or otherwise involved or with which the Member, director or Officer shall be threatened by reason of its being a Member, director or Officer or while acting as such on behalf of the Company or in Company's interest.

Appears in 1 contract

Samples: Merger Agreement (Dex Media International Inc)

Liability of Member Indemnification. The Member Members shall not have any liability to the Company Company, any other Members or any third party for the obligations or liabilities of the Company except to the extent required by the Act. The Company shall, to the full extent permitted by applicable law, indemnify and hold harmless the Member, each director Member and each Officer against liabilities incurred by it in connection with any action, suit or proceeding to which the Member, director or Officer it may be made a party or otherwise involved or with which the Member, director such Member or such Officer shall be threatened by reason of its being a Member, director Member or Officer or while acting as such a Member or Officer on behalf of the Company or in Company's its interest.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Cbre LJM Mortgage Co LLC)

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