Common use of Survival of Indemnification and Advancement of Expenses Clause in Contracts

Survival of Indemnification and Advancement of Expenses. The indemnification and advancement of expenses provided by, or granted pursuant to, this Article VIII shall, unless otherwise provided when authorized or ratified, continue as to a person who has ceased to be a Covered Person and shall inure to the benefit of the heirs, executors and administrators of such a person and shall survive the liquidation of the Partnership. No amendment or repeal of the provisions of this Article VIII which adversely affects the rights of any Covered Person under this Article VIII with respect to the acts or omissions of such Covered Person at any time prior to such amendment or repeal shall apply to such Covered Person without the written consent of the Covered Person.

Appears in 2 contracts

Samples: Limited Partnership Agreement (Eclipse Resources Corp), Limited Partnership Agreement (Eclipse Resources Corp)

AutoNDA by SimpleDocs

Survival of Indemnification and Advancement of Expenses. The indemnification and advancement of expenses provided by, or granted pursuant to, this Article VIII shallARTICLE XII will, unless otherwise provided when authorized or ratified, continue as to a person Person who has ceased to be a Covered Person Member, manager or corporate officer and shall will inure to the benefit of the heirs, executors and administrators of such a person Person and shall will survive the liquidation of the PartnershipCompany. No amendment or repeal of the provisions of this Article VIII which ARTICLE XII that adversely affects the rights of any Covered Person under this Article VIII ARTICLE XII with respect to the acts or omissions of such Covered Person at any time prior to such amendment or repeal shall will apply to such Covered Person without the written consent of the Covered Person.

Appears in 1 contract

Samples: Contribution Agreement (Coty Inc.)

Survival of Indemnification and Advancement of Expenses. The indemnification and advancement of expenses provided by, or granted pursuant to, this Article VIII IX shall, unless otherwise provided when authorized or ratified, continue as to a person who has ceased to be a Covered Person Member, officer or director and shall inure to the benefit of the heirs, executors and administrators of such a person and shall survive the liquidation of the PartnershipCompany. No amendment or repeal of the provisions of this Article VIII IX which adversely affects the rights of any Covered Person under this Article VIII IX with respect to the acts or omissions of such Covered Person at any time prior to such amendment or repeal shall apply to such Covered Person without the written consent of the Covered Person.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Antero Resources Finance Corp)

AutoNDA by SimpleDocs

Survival of Indemnification and Advancement of Expenses. The indemnification and advancement of expenses provided by, or granted pursuant to, this Article VIII VII shall, unless otherwise provided when authorized or ratified, continue as to a person who has ceased to be a Covered Person an officer, director or Manager and shall inure to the benefit of the heirs, executors and administrators of such a person and shall survive the liquidation of the PartnershipCompany. No amendment or repeal of the provisions of this Article VIII VII which adversely affects the rights of any Covered Person under this Article VIII VII with respect to the acts or omissions of such Covered Person at any time prior to such amendment or repeal shall apply to such Covered Person without the written consent of the Covered Person.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Georesources Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!