Common use of Survival of Rights, Duties and Obligations Clause in Contracts

Survival of Rights, Duties and Obligations. Dissolution, liquidation, winding up or termination of the Company for any reason shall not release any party from any Loss that at the time of such dissolution, liquidation, winding up or termination already had accrued to any other party or thereafter may accrue in respect of any act or omission prior to such dissolution, liquidation, winding up or termination . For the avoidance of doubt, none of the foregoing shall replace, diminish or otherwise adversely affect any Member’s right to indemnification pursuant to Section 10.03.

Appears in 1 contract

Samples: Operating Agreement (BBX Capital Florida LLC)

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Survival of Rights, Duties and Obligations. Dissolution, liquidation, winding up or termination of the Company for any reason shall not release any party Member from any Loss that at the time of such dissolution, liquidation, winding up or termination already had accrued to any other party Member or thereafter may accrue in respect of any act or omission prior to such dissolution, liquidation, winding up or termination termination. For the avoidance of doubt, none of the foregoing shall replace, diminish or otherwise adversely affect any Member’s right to indemnification pursuant to Section 10.038.03.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Loop Industries, Inc.)

Survival of Rights, Duties and Obligations. Dissolution, liquidation, winding up or termination of the Company for any reason shall not release any party from any Loss that at the time of such dissolution, liquidation, winding up or termination already had accrued to any other party or thereafter may accrue in respect of any act or omission prior to such dissolution, liquidation, winding up or termination termination. For the avoidance of doubt, none of the foregoing shall replace, diminish or otherwise adversely affect any Member’s right to indemnification pursuant to Section 10.0310.02.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Great Elm Capital Corp.)

Survival of Rights, Duties and Obligations. Dissolution, liquidation, winding up or termination of the Company for any reason shall not release any party from any Loss that which at the time of such dissolution, liquidation, winding up or termination already had accrued to any other party or which thereafter may accrue in respect of any act or omission prior to such dissolution, liquidation, winding up or termination termination. For the avoidance of doubt, none of the foregoing shall replace, diminish or otherwise adversely affect any Member’s right to indemnification pursuant to Section 10.0311.3.

Appears in 1 contract

Samples: Operating Agreement (NextPlay Technologies Inc.)

Survival of Rights, Duties and Obligations. Dissolution, liquidation, winding up or termination of the Company for any reason shall not release any party from any Loss that which at the time of such dissolution, liquidation, winding up or termination already had accrued to any other party or which thereafter may accrue in respect of any act or omission prior to such dissolution, liquidation, winding up or termination termination. For the avoidance of doubt, none of the foregoing shall replace, diminish or otherwise adversely affect any Member’s right to indemnification pursuant to Section 10.0315.03.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Longeveron LLC)

Survival of Rights, Duties and Obligations. Dissolution, liquidation, winding up or termination of the Company for any reason shall not release any party from any Loss Liabilities that at the time of such dissolution, liquidation, winding up or termination already had accrued to any other party or thereafter may accrue in respect of any act or omission prior to such dissolution, liquidation, winding up or termination termination. For the avoidance of doubt, none of the foregoing shall replace, diminish or otherwise adversely affect any MemberCovered Person’s right to indemnification pursuant to Section 10.038.3.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Grom Social Enterprises, Inc.)

Survival of Rights, Duties and Obligations. Dissolution, liquidation, winding up or termination of the Company for any reason shall not release any party from any Loss that at the time of such dissolution, liquidation, winding up or termination already had accrued to any other party or thereafter may accrue in respect of any act or omission prior to such dissolution, liquidation, winding up or termination termination. For the avoidance of doubt, none of the foregoing shall replace, diminish diminish, or otherwise adversely affect any Member’s 's right to indemnification pursuant to Section 10.0310.01.

Appears in 1 contract

Samples: Operating Agreement

Survival of Rights, Duties and Obligations. Dissolution, liquidation, winding up or termination of the Company for any reason shall not release any party from any Loss that which at the time of such dissolution, liquidation, winding up or termination already had accrued to any other party or which thereafter may accrue in respect of any act or omission prior to such dissolution, liquidation, winding up or termination termination. For the avoidance of doubt, none of the foregoing shall replace, diminish or otherwise adversely affect any Member’s 's right to indemnification pursuant to Section 10.0314.03.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Good Hemp, Inc.)

Survival of Rights, Duties and Obligations. Dissolution, liquidation, winding up or termination of the Company for any reason shall not release any party from any Loss that which at the time of such dissolution, liquidation, winding up or termination already had accrued to any other party or which thereafter may accrue in respect of any act or omission prior to such dissolution, liquidation, winding up or termination termination. For the avoidance of doubt, none of the foregoing shall replace, diminish or otherwise adversely affect any Member’s right to indemnification pursuant to Section 10.0310.3.

Appears in 1 contract

Samples: Operating Agreement (Monaker Group, Inc.)

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Survival of Rights, Duties and Obligations. Dissolution, liquidation, winding up up, or termination of the Company for any reason shall not release any party from any Loss that at the time of such dissolution, liquidation, winding up up, or termination already had accrued to any other party or thereafter may accrue in respect of any act or omission prior to such dissolution, liquidation, winding up up, or termination termination. For the avoidance of doubt, none of the foregoing shall replace, diminish diminish, or otherwise adversely affect any Member’s right to indemnification pursuant to Section 10.038.03.

Appears in 1 contract

Samples: Operating Agreement (Singing Machine Co Inc)

Survival of Rights, Duties and Obligations. Dissolution, liquidation, winding up or termination of the Company for any reason shall not release any party from any Loss that at the time of such dissolution, liquidation, winding up or termination already had accrued to any other party or thereafter may accrue in respect of any act or omission prior to such dissolution, liquidation, winding up or termination termination. For the avoidance of doubt, none of the foregoing shall replace, diminish or otherwise adversely affect any Member’s Covered Person's right to indemnification pursuant to Section 10.038.03.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Tecogen Inc.)

Survival of Rights, Duties and Obligations. Dissolution, liquidation, winding up or termination of the Company for any reason shall not release any party from any Loss that which at the time of such dissolution, liquidation, winding up or termination already had accrued to any other party or which thereafter may accrue in respect of any act or omission prior to such dissolution, liquidation, winding up or termination termination. For the avoidance of doubt, none of the foregoing shall replace, diminish or otherwise adversely affect any Member’s right to indemnification pursuant to Section 10.0312.03.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Global Defense & National Security Holdings LLC)

Survival of Rights, Duties and Obligations. Dissolution, liquidation, winding up or termination of the Company for any reason shall not release any party from any Loss that at the time of such dissolution, liquidation, winding up or termination already had accrued to any other party or thereafter may accrue in respect of any act or omission prior to such dissolution, liquidation, winding up or termination termination. For the avoidance of doubt, none of the foregoing shall replace, diminish diminish, or otherwise adversely affect any Member’s right to indemnification pursuant to Section 10.039.01.

Appears in 1 contract

Samples: Operating Agreement

Survival of Rights, Duties and Obligations. Dissolution, liquidation, winding up or termination of the Company for any reason shall not release any party from any Loss that which at the time of such dissolution, liquidation, winding up or termination already had accrued to any other party or which thereafter may accrue in respect of any act or omission prior to such dissolution, liquidation, winding up or termination termination. For the avoidance of doubt, none of the foregoing shall replace, diminish or otherwise adversely affect any Member’s 's right to indemnification pursuant to Section 10.03.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Capstone Therapeutics Corp.)

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