Common use of Securing of Indemnification Obligations Clause in Contracts

Securing of Indemnification Obligations. To further effect, satisfy or secure any indemnification obligations provided herein or otherwise, the Company may maintain insurance, obtain a letter of credit, act as self-insurer, create a reserve, trust, escrow, cash collateral or other fund or account, enter into indemnification agreements, pledge or grant a security interest in any assets of the Company, or use any other mechanism or arrangement whatsoever in such amounts, at such costs, and upon such other terms and conditions as the Managing Board shall deem appropriate.

Securing of Indemnification Obligations. To further effect, satisfy or secure any the indemnification obligations provided herein or otherwise, the Company may may, at its sole option, maintain insurance, obtain a letter of credit, act as self-insurer, create a reserve, trust, escrow, cash collateral or other fund or account, enter into indemnification agreements, pledge or grant a security interest in any assets or properties of the Company, or use any other mechanism or arrangement whatsoever in such amounts, at such costs, and upon such other terms and conditions as the Managing Board Members shall deem appropriateapprove.

Securing of Indemnification Obligations. To further effect, satisfy or secure any the indemnification obligations provided herein in this Article IX or otherwise, the Company may maintain insurance, obtain a letter of credit, act as self-insurer, create a reserve, trust, escrow, cash collateral or other fund or account, enter into indemnification agreements, pledge or grant a security interest in any assets or properties of the Company, Company or use any other mechanism or arrangement whatsoever in such amounts, at such costs, and upon such other terms and conditions as the Managing Board of Managers shall deem appropriate.