Common use of Nonexclusivity of Indemnification and Advancement of Expenses Clause in Contracts

Nonexclusivity of Indemnification and Advancement of Expenses. The indemnification and advancement of expenses provided by or granted pursuant to this Article XIII shall not be deemed exclusive of any other rights to which those seeking indemnification or advancement of expenses may be entitled under the Certificate, any agreement, vote of stockholders or disinterested directors or otherwise, both as to action in such Indemnified Person's official capacity and as to action in another capacity while holding such office, it being the policy of the Corporation that indemnification of any Indemnified Person shall be made to the fullest extent permitted by applicable law. The provisions of this Article XIII shall not be deemed to preclude the indemnification of any person who is not specified in Section 1 or 2 of this Article XIII but whom the Corporation has the power or obligation to indemnify under the provisions of the DGCL or otherwise.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Blount International Inc)

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Nonexclusivity of Indemnification and Advancement of Expenses. The indemnification and advancement of expenses provided by by, or granted pursuant to to, this Article XIII IX shall not be deemed exclusive of any other rights to which those seeking indemnification or advancement of expenses may be entitled under the CertificateCertificate of Incorporation, any these bylaws, agreement, vote of stockholders or disinterested directors or otherwise, both as to action in such Indemnified Person's official capacity and as to action in another capacity while holding such office, it being the policy of the Corporation that indemnification of any Indemnified Person the persons specified in Section 9.1 or 9.2 shall be made to the fullest extent permitted by applicable law. The provisions of this Article XIII IX shall not be deemed to preclude the indemnification of any person who is not specified in Section 1 9.1 or 2 of this Article XIII Section 9.2 but whom the Corporation has the power or obligation to indemnify under the provisions of the DGCL DGCL, or otherwise.

Appears in 1 contract

Samples: Agreement and Plan of Merger (BowX Acquisition Corp.)

Nonexclusivity of Indemnification and Advancement of Expenses. The indemnification and advancement of expenses provided by or granted pursuant to this Article XIII IX shall not be deemed exclusive of any other rights to which those seeking indemnification or advancement of expenses may be entitled under the Certificate, any agreement, vote contract, or pursuant to the direction (howsoever embodied) of stockholders or disinterested directors any court of competent jurisdiction or otherwise, both as to action in such Indemnified Person's person’s official capacity and as to action in another capacity while holding such office, it being the policy of the Corporation that indemnification of any Indemnified Person shall be made to the fullest extent permitted by applicable law. The provisions of this Article XIII IX shall not be deemed to preclude the indemnification of any person who is not specified in Section 1 9.1 or 2 9.2 of this Article XIII IX, but whom the Corporation Company has the power or obligation to indemnify under the provisions of the DGCL any applicable law or otherwise.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Resource Real Estate Opportunity REIT, Inc.)

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Nonexclusivity of Indemnification and Advancement of Expenses. The indemnification and advancement of expenses provided by or granted pursuant to this Article XIII IX shall not be deemed exclusive of any other rights to which those seeking indemnification or advancement of expenses may be entitled under the CertificateCertificate of Incorporation, any bylaw, agreement, vote of stockholders or disinterested directors or otherwise, both as to action in such Indemnified Personperson's official capacity and as to action in another capacity while holding such office, it being the policy of the Corporation that indemnification of any Indemnified Person the persons specified in Sections 1 and 2 of this Article IX shall be made to the fullest extent permitted by applicable law. The provisions of this Article XIII IX shall not be deemed to preclude the indemnification of any person who is not specified in Section 1 or 2 of this Article XIII IX but whom the Corporation has the power or obligation to indemnify under the provisions of the DGCL General Corporation Law of the State of Delaware, or otherwise.

Appears in 1 contract

Samples: Securities Purchase Agreement (Pinnacle Holdings Inc)

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