Bad Faith definition

Bad Faith means, with respect to any determination, action or omission, of any Person, board or committee, that such Person, board or committee reached such determination, or engaged in or failed to engage in such act or omission, with the belief that such determination, action or omission was adverse to the interest of the Partnership.
Bad Faith means, with respect to any determination, action or omission, that the Indemnitee reached such determination, or engaged in or failed to engage in such act or omission, with the belief that such determination, action or omission was adverse to the interests of the Partnership. The Indemnitee shall not be deemed to have acted in Bad Faith or, with respect to any criminal Proceeding, with reasonable cause to believe the Indemnitee’s conduct was unlawful, if such action was based on any of the following: (a) the records or books of the account of the Partnership or other enterprise, including financial statements; (b) information supplied to the Indemnitee by the officers of the General Partner or any of the Partnership’s or the General Partner’s direct or indirect wholly owned or partially owned subsidiaries or any entity at which the Indemnitee is or was serving as a director, officer, employee, agent or fiduciary at the request of the Partnership or the General Partner or any of the Partnership’s or the General Partner’s direct or indirect wholly owned or partially owned subsidiaries (each such entity, a “Subject Enterprise”) in the course of his/her duties; (c) the advice of legal counsel or a financial advisor for the Partnership, the General Partner or Subject Enterprise; or (d) information or records given in reports made to the Partnership, the General Partner or Subject Enterprise by an independent certified public accountant or by an appraiser or other expert selected with reasonable care by the Partnership, the General Partner or other enterprise. The provisions of this Section 6 shall not be deemed to be exclusive or to limit in any way the other circumstances in which the Indemnitee may be deemed to have met the applicable standard of conduct set forth in this Agreement.
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Examples of Bad Faith in a sentence

  • For any liability arising by reason of Bad Faith of a representative of a Member or Participant, or an officer or employee of CCA.

  • In no event shall the Reinsurer participate in Punitive Damages, Compensatory Damages, or Bad Faith Damages that are awarded against the Company as a result of an act, omission or course or conduct committed solely by the Company in connection with the Covered Policies.

  • If the Employer is successful in the arbitration and the arbitrator makes a specific finding that the controversy was commenced or maintained in Bad Faith, then all amounts paid to you pursuant to Section 4(c)(vi) and the second sentence of this Section 10 shall be repaid by you to the Employer within thirty (30) days of the award.

  • For any liability arising by reason of Bad Faith of a Trustee, officer or employee of CalTRUST.

  • The termination of any Proceeding or of any claim, issue or matter therein, by judgment, order or settlement or conviction, or upon a plea of nolo contendere or its equivalent shall not of itself affect the right of an Indemnitee to indemnification or create a presumption that such Indemnitee acted in Bad Faith but may be considered along with any other admissible evidence.


More Definitions of Bad Faith

Bad Faith means dishonest intent by the reporter in reporting a case. Determinations of Bad Faith shall be made by the Executive Committee, in its sole, reasonable discretion. Factors that may indicate Bad Faith include, but are not limited to, a poor relationship between the reporter and the reported student predating the circumstances surrounding the Honor report, statements made by the reporter suggesting dishonest intent in reporting the case, a lack of evidence to support the reporter’s allegation(s), evidence directly contradictory to the reporter’s allegation(s), and a timeline of events that calls into question the reporter’s motives for reporting the case.
Bad Faith means a material and demonstrable failure to meet the standards for Good Faith set forth herein as a Complainant, a witness, an Inquiry Committee member, an Investigation Committee member, the Responsible Administrator, the Designated Officer, or the RIO. The context in which actions have occurred is a relevant and important factor to be taken into account in determining whether an individual has acted in Bad Faith.
Bad Faith shall have the meaning set forth in Section 10.3 hereof.
Bad Faith means the conscious taking of action for the purpose of washing out all or part of an overriding royalty interest.
Bad Faith means a party or counsel acted “vexatiously, wantonly or for oppressive reasons.”
Bad Faith means an intent to vex, annoy, harass, provoke or injure another person. This includes the intent of an Owner to induce a Tenant to vacate a Residential Rental Unit through unlawful conduct.
Bad Faith means dishonest intent by the reporter in reporting a case. Determinations of Bad Faith shall be