Common use of Survival of Protection Clause in Contracts

Survival of Protection. The provisions of this Section 4 shall continue to afford protection to each Protected Person regardless of whether such Protected Person remains in the position or capacity pursuant to which such Protected Person became entitled to indemnification under this Section 4 and regardless of any subsequent amendment to this Agreement; provided, that no such amendment shall reduce or restrict the extent to which these indemnification provisions apply to actions taken or omissions made prior to the date of such amendment.

Appears in 330 contracts

Samples: Management Services Agreement (Masterworks Vault 2, LLC), Management Services Agreement (Masterworks Vault 1, LLC), Management Services Agreement (Masterworks Vault 3, LLC)

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Survival of Protection. The provisions of this Section 4 5 shall continue to afford protection to each Protected Person regardless of whether such Protected Person remains in the position or capacity pursuant to which such Protected Person became entitled to indemnification under this Section 4 5 and regardless of any subsequent amendment to this Agreement; provided, that no such amendment shall reduce or restrict the extent to which these indemnification provisions apply to actions taken or omissions made prior to the date of such amendment.

Appears in 3 contracts

Samples: Administrative Services Agreement (Masterworks Collection 001, LLC), Administrative Services Agreement (Masterworks Collection 001, LLC), Administrative Services Agreement (Masterworks Collection 001, LLC)

Survival of Protection. The provisions of this Section 4 4.4 shall continue to afford protection to each Protected Person regardless of whether such Protected Person remains in the position or capacity pursuant to which such Protected Person became entitled to indemnification under this Section 4 4.4 and regardless of any subsequent amendment to this Agreement; provided, that no such amendment shall reduce or restrict the extent to which these indemnification provisions apply to actions taken or omissions made prior to the date of such amendment.

Appears in 2 contracts

Samples: Investment Agreement (Krf3 Acquisition Co LLC), Investment Agreement (Krupp Family Limited Partnership 94)

Survival of Protection. The provisions of this Section 4 4.3 shall continue to afford protection to each Protected Covered Person regardless of whether such Protected Covered Person remains in the position or capacity pursuant to which such Protected Covered Person became entitled to indemnification under this Section 4 4.3 and regardless of any subsequent amendment to this Agreement; provided, that and no such amendment to this Agreement shall reduce or restrict the extent to which these indemnification provisions apply to actions taken or omissions made prior to the date of such amendment.

Appears in 2 contracts

Samples: Limited Partnership Agreement, Limited Partnership Agreement (Oaktree Capital Group, LLC)

Survival of Protection. The provisions of this Section 4 4.4 shall continue to afford protection to each Protected Person regardless of whether such Protected Person remains in the position or capacity pursuant to which such Protected Person became entitled to indemnification under this Section 4 4.4 and regardless of any subsequent amendment to this Agreement; providedPROVIDED, that no such amendment shall reduce or restrict the extent to which these indemnification provisions apply to actions taken or omissions made prior to the date of such amendment.

Appears in 2 contracts

Samples: Investment Agreement (Krupp Family Limited Partnership 94), Investment Agreement (Krupp Family Limited Partnership 94)

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Survival of Protection. The provisions of this Section 4 16 shall continue to afford protection to each Protected Person regardless of whether such Protected Person remains in the position or capacity pursuant to which such Protected Person became entitled to indemnification under this Section 4 16 and regardless of any subsequent amendment to this Agreement; provided, that no such amendment shall reduce or restrict the extent to which these indemnification provisions apply to actions taken or omissions made prior to the date of such amendment.

Appears in 1 contract

Samples: Operating Agreement (Tagworks, LLC)

Survival of Protection. The provisions of this Section 4 4.6(b) shall continue to afford protection to each Protected Covered Person regardless of whether such Protected Covered Person remains in the position or capacity pursuant to which such Protected Covered Person became entitled to indemnification under this Section 4 4.6(b), and regardless of any subsequent no amendment to this Agreement; provided, that no such amendment Agreement shall reduce or restrict the extent to which these indemnification provisions apply to actions taken or omissions made prior to the date of such amendment.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Ignis Petroleum Group, Inc.)

Survival of Protection. The provisions of this Section 4 5.4 shall continue to afford protection to each Protected Person regardless of whether such Protected Person remains in the position or capacity pursuant to which such Protected Person became entitled to indemnification under this Section 4 5.4 and regardless of any subsequent amendment to this Agreement; provided, that no such amendment shall reduce or restrict the extent to which these indemnification provisions apply to actions taken or omissions made prior to the date of such amendment.

Appears in 1 contract

Samples: Limited Partnership Agreement

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