Common use of No Presumption as to Absence of Good Faith Clause in Contracts

No Presumption as to Absence of Good Faith. The determination of any Eligible Proceeding by judgment, order, settlement or conviction, shall not, of itself, create any presumption that the Officer did not act honestly and in good faith with a view to the best interests of the applicable Eligible Entity or, in the case of a criminal or administrative action or proceeding, that the Officer did not have reasonable grounds for believing that his conduct was lawful (unless the judgment or order of the court specifically finds otherwise).

Appears in 12 contracts

Samples: Indemnification Agreement (SSR Mining Inc.), Indemnification Agreement (SSR Mining Inc.), Indemnification Agreement (SSR Mining Inc.)

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No Presumption as to Absence of Good Faith. The determination of any Eligible Proceeding by judgment, order, settlement or conviction, shall not, of itself, create any presumption that the Officer did not act honestly and in good faith with a view to the best interests of the applicable Eligible Entity or, in the case of a criminal or administrative action or proceeding, that the Officer did not have reasonable grounds for believing that his conduct was lawful (unless the judgment or order of the court specifically finds otherwise).. 14460.66030.DS1.10450400.1

Appears in 1 contract

Samples: Indemnification Agreement (Silver Standard Resources Inc)

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