Common use of Proceedings By or in the Right of the Bank Clause in Contracts

Proceedings By or in the Right of the Bank. The Bank shall indemnify Indemnitee if Indemnitee was or is a party or is threatened to be made a party to any threatened, pending or completed action by or in the right of the Bank to procure a judgment in its favor by reason of the fact that Indemnitee is or was an Agent of the Bank, against expenses actually and reasonably incurred by Indemnitee in connection with the defense or settlement of such action if Indemnitee acted in good faith, in a manner Indemnitee believed to be in the best interests of the Bank and its shareholders; except that no indemnification shall be made under this Section 1(b) for any of the following:

Appears in 13 contracts

Samples: Indemnification Agreement (Ucbh Holdings Inc), Indemnification Agreement (Ucbh Holdings Inc), Indemnification Agreement (Ucbh Holdings Inc)

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