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