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 before such dissolution, liquidation, winding up, or termination. For the avoidance of doubt, none of the foregoing shall replace, diminish, or otherwise adversely affect any Shareholder’s right to indemnification pursuant to ARTICLE IX.

Appears in 3 contracts

Samples: Joint Venture Agreement (Hempacco Co., Inc.), Joint Venture Agreement (Hempacco Co., Inc.), Joint Venture Agreement (Hempacco Co., Inc.)

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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 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 before such dissolution, liquidation, winding up, or termination. For the avoidance of doubt, none of the foregoing shall replace, diminish, or otherwise adversely affect any Shareholder’s Member's right to indemnification pursuant to ARTICLE IX.

Appears in 2 contracts

Samples: Limited Liability Company Operating Agreement (iPower Inc.), Limited Liability Company Operating Agreement (iPower 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 before such dissolution, liquidation, winding up, or termination. For the avoidance of doubt, none of the foregoing shall replace, diminish, or otherwise adversely affect any ShareholderMember’s right to indemnification pursuant to ARTICLE IX.

Appears in 1 contract

Samples: Operating Agreement (Hempacco Co., Inc.)

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 losses 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 before prior to such dissolution, liquidation, winding up, up or termination. For the avoidance of doubt, none of the foregoing shall replace, diminish, diminish or otherwise adversely affect any ShareholderMember’s right to indemnification pursuant to ARTICLE IX.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Priority Technology Holdings, Inc.)

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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 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 before such dissolution, liquidation, winding up, or termination. For the avoidance of doubt, none of the foregoing shall replace, diminish, or otherwise adversely affect any ShareholderMember’s right to indemnification pursuant to ARTICLE IX.X.

Appears in 1 contract

Samples: Operating Agreement (Sugarmade, Inc.)

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