Common use of Suits and Judgments Clause in Contracts

Suits and Judgments. The termination of any action, suit or proceeding by judgment, order, settlement, conviction, or a plea of nolo contendere or its equivalent shall not, by itself, create a presumption that an Indemnitee is not entitled to indemnification under this Agreement.

Appears in 18 contracts

Samples: Operating Agreement (Convergence, LLC), Limited Liability Company Agreement (Convergence, LLC), Limited Liability Company Agreement (Convergence, LLC)

AutoNDA by SimpleDocs

Suits and Judgments. The termination of any action, suit or proceeding by judgment, order, settlement, conviction, or a plea of nolo contendere or its equivalent shall not, not by itself, create a presumption that an Indemnitee is not entitled to indemnification under this Agreement.

Appears in 4 contracts

Samples: Limited Liability Company Agreement (Convergence, LLC), Limited Liability Operating Agreement (Convergence, LLC), Limited Liability Operating Agreement (Convergence, LLC)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.