Nonexclusivity of Rights. The indemnification and advancement and payment of expenses provided by this Article VIII (a) shall not be deemed exclusive of any other rights to which a Manager or other Person seeking indemnification may be entitled under any statute, provision of the Certificate of Formation, agreement, vote of disinterested Managers on the Board, or otherwise, both as to action in such Person's official capacity and as to action in another capacity while holding such office, (b) shall continue as to any Person who has ceased to serve in the capacity which initially entitled such Person to indemnity and advancement and payment of expenses, and (c) shall inure to the benefit of the heirs, executors, administrators, successors and assigns of such Manager or other Person.
Appears in 12 contracts
Samples: Limited Liability Company Agreement (Builders FirstSource of Nashville, Inc.), Limited Liability Company Agreement (Builders FirstSource of Nashville, Inc.), Limited Liability Company Agreement (Builders FirstSource of Nashville, Inc.)
Nonexclusivity of Rights. The indemnification and advancement and payment of expenses provided by this Article VIII IX (ai) shall not be deemed exclusive of any other rights to which the Member, a Special Member, a Manager or other Person seeking indemnification may be entitled under any statute, provision agreement, decision of the Certificate of Formation, agreement, vote of Member or disinterested Managers on the BoardManagers, or otherwise, otherwise both as to action in such Person's ’s official capacity and as to action in another capacity while holding such office, (bii) shall continue as to any Person who has ceased to serve in the capacity which initially entitled such Person to indemnity and advancement and payment of expenses, and (ciii) shall inure to the benefit of the heirs, executors, administrators, successors and assigns of the Member, such Special Member, such Manager or other Person.
Appears in 6 contracts
Samples: Limited Liability Company Agreement (CenterPoint Energy Transition Bond Co IV, LLC), Limited Liability Company Agreement (CenterPoint Energy Transition Bond Co IV, LLC), Limited Liability Company Agreement (CenterPoint Energy Restoration Bond Company, LLC)
Nonexclusivity of Rights. The indemnification and advancement and payment of expenses provided by this Article VIII IX (ai) shall not be deemed exclusive of any other rights to which the Member, a Special Member, a Manager or other Person seeking indemnification may be entitled under any statute, provision agreement, decision of the Certificate of Formation, agreement, vote of Member or disinterested Managers on the BoardManagers, or otherwise, otherwise both as to action in such Person's official capacity and as to action in another capacity while holding such office, (bii) shall continue as to any Person who has ceased to serve in the capacity which initially entitled such Person to indemnity and advancement and payment of expenses, and (ciii) shall inure to the benefit of the heirs, executors, administrators, successors and assigns of the Member, such Special Member, such Manager or other Person.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (CenterPoint Energy Transition Bond CO II, LLC), Limited Liability Company Agreement (CenterPoint Energy Transition Bond CO II, LLC), Limited Liability Company Agreement (Reliant Energy Transition Bond Co LLC)
Nonexclusivity of Rights. The indemnification and advancement and payment of expenses provided by this Article VIII (a) shall not be deemed exclusive of any other rights to which the Member, the Special Member, a Manager or other Person seeking indemnification may be entitled under any statute, provision agreement, decision of the Certificate of Formation, agreement, vote of Member or disinterested Managers on the BoardManagers, or otherwise, otherwise both as to action in such Person's official capacity and as to action in another capacity while holding such office, (b) shall continue as to any Person who has ceased to serve in the capacity which initially entitled such Person to indemnity and advancement and payment of expenses, and (c) shall inure to the benefit of the heirs, executors, administrators, successors and assigns of the Member, the Special Member, such Manager or such other Person.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (PSE&G Transition Funding II LLC), Limited Liability Company Agreement (Florida Power & Light Co), Limited Liability Company Agreement (PSE&G Transition Funding II LLC)
Nonexclusivity of Rights. The indemnification and advancement and payment of expenses provided by this Article VIII (a) shall not be deemed exclusive of any other rights to which the Member, a Special Member, a Manager or other Person seeking indemnification may be entitled under any statute, provision agreement, decision of the Certificate of Formation, agreement, vote of Member or disinterested Managers on the BoardManagers, or otherwise, otherwise both as to action in such Person's official capacity and as to action in another capacity while holding such office, (b) shall continue as to any Person who has ceased to serve in the capacity which initially entitled such Person to indemnity and advancement and payment of expenses, and (c) shall inure to the benefit of the heirs, executors, administrators, successors and assigns of the Member, such Special Member, such Manager or such other Person.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (Consumers Funding LLC), Limited Liability Company Agreement (Consumers Funding LLC), Limited Liability Company Agreement (Pse&g Transition Funding LLC)
Nonexclusivity of Rights. The indemnification and advancement and payment of expenses provided by this Article VIII (a) shall not be deemed exclusive of any other rights to which the Member, a Special Member, a Manager or other Person seeking indemnification may be entitled under any statute, provision agreement, decision of the Certificate of Formation, agreement, vote of Member or disinterested Managers on the BoardManagers, or otherwise, otherwise both as to action in such Person's official capacity and as to action in another capacity while holding such office, (b) shall continue as to any Person who has ceased to serve in the capacity which that initially entitled such Person to indemnity and advancement and payment of expenses, and (c) shall inure to the benefit of the heirs, executors, administrators, successors and assigns of the Member, such Special Member, such Manager or such other Person.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Atlantic City Electric Transition Funding LLC), Limited Liability Company Agreement (Atlantic City Electric Transition Funding LLC)
Nonexclusivity of Rights. The indemnification and advancement and payment of expenses provided by this Article VIII (a) shall not be deemed exclusive of any other rights to which a Manager or other Person seeking indemnification may be entitled under any statute, . provision of the Certificate of Formation, agreement, vote of disinterested Managers on the Board, or otherwise, both as to action in such Person's official capacity and as to action in another capacity while holding such office, (b) shall continue as to any Person who has ceased to serve in the capacity which initially entitled such Person to indemnity and advancement and payment of expenses, and (c) shall inure to the benefit of the heirs, executors, administrators, successors and assigns of such Manager or other Person.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Builders FirstSource of Nashville, Inc.)
Nonexclusivity of Rights. The indemnification and advancement and payment of expenses provided by this Article VIII (ai) shall not be deemed exclusive of any other rights to which the Member, a Manager or other Person seeking indemnification may be entitled under any statute, provision of the Certificate of Formation, agreement, vote decision of the Member or disinterested Managers on the BoardManagers, or otherwise, otherwise both as to action in such Person's official capacity and as to action in another capacity while holding such office, (bii) shall continue as to any Person who has ceased to serve in the capacity which initially entitled such Person to indemnity and advancement and payment of expenses, and (ciii) shall inure to the benefit of the heirs, executors, administrators, successors and assigns of the Member, such Manager or other Person.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Pp&l Transition Bond Co Inc)
Nonexclusivity of Rights. The indemnification and advancement advance ment and payment of expenses provided by this Article VIII (a) shall not be deemed exclusive of any other rights to which the Member, a Special Member, a Manager or other Person seeking indemnification may be entitled under any statute, provision agreement, decision of the Certificate of Formation, agreement, vote of Member or disinterested Managers on the BoardManagers, or otherwise, otherwise both as to action in such Person's official capacity and as to action in another capacity while holding such office, (b) shall continue as to any Person who has ceased to serve in the capacity which initially entitled such Person to indemnity and advancement and payment of expenses, and (c) shall inure to the benefit of the heirs, executors, administrators, successors and assigns of the Member, such Special Member, such Manager or such other Person.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Pse&g Transition Funding LLC)
Nonexclusivity of Rights. The indemnification and advancement ------------------------ and payment of expenses provided by this Article VIII IX (ai) shall not be deemed exclusive of any other rights to which the Member, a Special Member, a Manager or other Person seeking indemnification may be entitled under any statute, provision agreement, decision of the Certificate of Formation, agreement, vote of Member or disinterested Managers on the BoardManagers, or otherwise, otherwise both as to action in such Person's official capacity and as to action in another capacity while holding such office, (bii) shall continue as to any Person who has ceased to serve in the capacity which initially entitled such Person to indemnity and advancement and payment of expenses, and (ciii) shall inure to the benefit of the heirs, executors, administrators, successors and assigns of the Member, such Special Member, such Manager or other Person.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Reliant Energy Transition Bond Co LLC)
Nonexclusivity of Rights. The indemnification and advancement and payment of expenses provided by this Article VIII IX (ai) shall not be deemed exclusive of any other rights to which a Manager Manager, officer or other Person seeking indemnification may be entitled under any statute, provision of the Certificate of Formation, agreement, vote of Members or disinterested Managers on the BoardManagers, or otherwise, both as to action in such Person's official capacity and as to action in another capacity while holding such office, (bii) shall continue as to any Person who has ceased to serve in the capacity which initially entitled such Person to indemnity and advancement and payment of expenses, and (ciii) shall inure to the benefit of the heirs, executors, administrators, successors and assigns of such Manager Manager, officer or other Person.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Scotia Pacific Co LLC)
Nonexclusivity of Rights. The indemnification and advancement and payment of expenses provided by this Article VIII (ai) shall not be deemed exclusive of any other rights to which the Member, a Special Member or a Manager or other Person seeking indemnification may be entitled under any statute, provision agreement, decision of the Certificate of Formation, agreement, vote of Member or disinterested Managers on the BoardManagers, or otherwise, otherwise both as to action in such Person's official capacity and as to action in another capacity while holding such office, (bii) shall continue as to any Person who has ceased to serve in the capacity which initially entitled such Person to indemnity and advancement and payment of expenses, and (ciii) shall inure to the benefit of the heirs, executors, administrators, successors and assigns of the Member, such Special Member, such Manager or other Person.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Pp&l Transition Bond Co Inc)