Examples of Alabama Act in a sentence
The Corporation may maintain insurance, at its expense, to protect itself and any indemnitee against any expense, liability or loss, whether or not the Corporation would have the power to indemnify such person against such expense, liability or loss under the Alabama Act.
The Corporation may, to the extent authorized from time to time by the Board of Directors, grant rights to indemnification and to the advancement of expenses to any employee or agent of the Corporation to the fullest extent of the provisions of this Article or as otherwise permitted under the Alabama Act with respect to the indemnification and advancement of expenses of directors and officers of the Corporation.
The elections for ------------------------------------ Self-Balancing are limited to 50 percent of the total storage balancing assets of 2.2 Bcf of inventory, 50 MMcf per day of injection and 70 MMcf per day of ======================================================================== Subject to Rule 51 of the CPUC Rules of Practice and Procedure, Rule 601 et seq.
If the Alabama Act is amended hereafter to authorize corporate action further eliminating or limiting the personal liability of directors, then the liability of a director of the Corporation shall be eliminated or limited to the fullest extent permitted by the Alabama Act, as so amended.
The purposes of the Company are to engage in any lawful activity, exercise all powers necessary to or reasonably connected with the Company’s business which may be legally exercised by limited liability companies under the Alabama Act, and engage in all activities necessary, customary, convenient, or incident to such purposes.
Landlord agrees to permit Tenant to utilize sufficient and suitable space on the roof of the Building (“Roof Space”) throughout the Lease Term and any extensions thereof for the purpose of installing, using, maintaining or replacing, or cause a carrier, vendor or other operator selected by Tenant to install, maintain and replace, on the Roof Space at Tenant’s sole cost and expense, certain telecommunications and other rooftop equipment (“Equipment”).
Each Member’s liability shall be limited as set forth in this Agreement and the Alabama Act and other applicable law.
No distribution shall be made to Members if prohibited by the Alabama Act.
The business and operations of the Company shall be wound up upon the occurrence of any act or event requiring the winding up of the Company under the Alabama Act.
The auditors of the Trust shall fulfil such responsibilities as they may properly be called upon by the Trustees to assume.