Common use of Termination of Proceeding Not Determinative Clause in Contracts

Termination of Proceeding Not Determinative. The termination of a Proceeding by judgment, order, settlement, or conviction, or upon a plea of nolo contendere or its equivalent shall not, of itself, create a presumption or be determinative that Indemnitee is not entitled to indemnification or reimbursement of Expenses hereunder or otherwise.

Appears in 15 contracts

Samples: Indemnification Agreement (Katapult Holdings, Inc.), Indemnification Agreement (Liquidia Corp), Indemnification & Liability (Act II Global Acquisition Corp.)

AutoNDA by SimpleDocs

Termination of Proceeding Not Determinative. The termination of a Proceeding by judgment, order, settlement, or conviction, or upon a plea of nolo contendere or its equivalent shall not, of itself, create a presumption or be determinative that Indemnitee is did not entitled to indemnification or reimbursement meet the relevant standard of Expenses hereunder or otherwiseconduct set forth in Section 2(a).

Appears in 3 contracts

Samples: Indemnity Agreement (Riscorp Inc), Indemnification Agreement (Cti Molecular Imaging Inc), Indemnification Agreement (Riscorp Inc)

Termination of Proceeding Not Determinative. The termination of a Proceeding by judgment, order, settlement, settlement or conviction, or upon a plea of nolo contendere or its equivalent equivalent, shall not, of itself, create a presumption or be determinative that Indemnitee is did not entitled to indemnification or reimbursement meet the relevant standard of Expenses hereunder or otherwiseconduct set forth in Section 2(a) of this Agreement.

Appears in 1 contract

Samples: Indemnity Agreement (Renal Care Group Inc)

AutoNDA by SimpleDocs

Termination of Proceeding Not Determinative. The termination of a ------------------------------------------- Proceeding by judgment, order, settlement, or conviction, or upon a plea of nolo contendere or its equivalent shall not, of itself, create a presumption or be determinative that Indemnitee is did not entitled to indemnification or reimbursement meet the relevant standard of Expenses hereunder or otherwiseconduct set forth in Section 2(a).

Appears in 1 contract

Samples: Indemnification Agreement (Ameripath Inc)

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