Common use of Successful Defense by Agent Clause in Contracts

Successful Defense by Agent. To the extent that an Agent of this LLC has been successful on the merits in defense of any Proceeding, the agent shall be indemnified against expenses actually and reasonably incurred by the Agent in connection with the Proceeding.

Appears in 2 contracts

Samples: Operating Agreement (MVP REIT II, Inc.), Operating Agreement (MVP REIT II, Inc.)

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Successful Defense by Agent. To the extent that an Agent agent of this LLC Company has been successful on the merits in defense of any Proceedingproceeding referred to in Subsection 13.01(b) or 13.01 (c), or in the defense of any claim, issue, or matter therein, the agent shall be indemnified against expenses actually and reasonably incurred by the Agent agent in connection with the Proceedingtherewith.

Appears in 2 contracts

Samples: Operating Agreement (Extra Space Storage Inc.), Operating Agreement (Extra Space Storage Inc.)

Successful Defense by Agent. To the extent that an Agent of this LLC the Company has been successful on the merits in defense of any Proceeding, the agent Agent shall be indemnified against expenses actually and reasonably incurred by the Agent in connection with the Proceeding.

Appears in 1 contract

Samples: First Amended Shareholders Agreement and Bylaws Of (Erxsys Inc)

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Successful Defense by Agent. To the extent that an Agent agent of this LLC corporation has been successful on the merits in defense of any Proceedingproceeding referred to in Sections 2 or 3 of this Article, or in defense of any claim, issue, or matter therein, the agent shall be indemnified against expenses actually and reasonably incurred by the Agent agent in connection with the Proceedingtherewith.

Appears in 1 contract

Samples: Credit Agreement (Inamed Corp)

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