Common use of Surety Bonds Clause in Contracts

Surety Bonds. Unless required by law, no director shall be obligated to give any bond or surety or other security for the performance of any of his or her duties.

Appears in 7 contracts

Samples: And Restated Agreement and Plan of Merger (Medley Capital Corp), Employment Agreement (Medley Management Inc.), Employment Agreement (Sierra Income Corp)

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Surety Bonds. Unless required by law, no director shall be obligated to give any bond or surety or other security for the performance of any of his or her duties.

Appears in 4 contracts

Samples: Contribution Agreement (Phillips Edison Grocery Center Reit I, Inc.), Contribution Agreement (Phillips Edison Grocery Center Reit I, Inc.), Common Stock and Preferred Stock Purchase Agreement (Wellsford Real Properties Inc)

Surety Bonds. Unless required by law, no director Director shall be obligated to give any bond or surety or other security for the performance of any of his or her duties.

Appears in 3 contracts

Samples: Securities Purchase Agreement (Prison Realty Trust Inc), Securities Purchase Agreement (Prison Realty Trust Inc), Securities Purchase Agreement (Prison Realty Trust Inc)

Surety Bonds. Unless required by lawthe Act, no director Director shall be obligated to give any bond or surety or other security for the performance of any of his or her duties.

Appears in 3 contracts

Samples: Operating Agreement (Ellington Financial LLC), Operating Agreement (KKR Financial Holdings LLC), Operating Agreement (KKR Financial Holdings LLC)

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Surety Bonds. Unless required by law, no director directors shall be obligated to give any bond or surety or other security for the performance of any of his or her duties.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Varagon Capital Corp.)

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