Derivative Suit definition

Derivative Suit means a Proceeding against the ---------------- Director brought by or in the right of the Corporation, which involves the Director by reason of his being or having been a director, officer or agent of the Corporation or a subsidiary thereof.
Derivative Suit means any lawsuit brought derivatively on behalf of the Company by a security holder of the Company against any of the Insured Persons.
Derivative Suit means any lawsuit brought derivatively on behalf of the Company by a security holder of the Company.

Examples of Derivative Suit in a sentence

  • Derivative Suit" shall mean a Proceeding against the ---------------- Director brought by or in the right of the Corporation, which involves the Director by reason of his being or having been a director, officer or agent of the Corporation or a subsidiary thereof.

  • Derivative Suit" shall mean a Proceeding against the ---------------- Officer brought by or in the right of the Corporation and/or an Affiliate (hereinafter defined), which involves the Officer by reason of his being or having been a director, officer or agent of the Corporation, an Affiliate or a subsidiary thereof.

  • The Parties agree that all proceedings in the Section 16(b) Suit, the State Derivative Suit and the Intelius Action shall be stayed pending Final Approvals of the settlement and this Agreement.

  • The Settlement Agreement constitutes the entire agreement between Company and the other defendants and the plaintiffs in the Derivative Suit relating to the settlement of such lawsuit, has been executed and delivered by all the parties thereto and has not been amended, modified or rescinded.

  • Derivative Suit" shall mean a Proceeding against the Officer brought by or in the right of the Corporation and/or an Affiliate (hereinafter defined), which involves the Officer by reason of his being or having been a director, officer or agent of the Corporation, an Affiliate or a subsidiary thereof.


More Definitions of Derivative Suit

Derivative Suit means any civil proceeding against an Insured Person for a Wrongful Act of such Insured Person made on behalf of, or in the name or the right of, an Insured Organization by any member of such Insured Organization, in such member’s capacity as such, if such proceeding is made without the assistance, participation or solicitation of any Executive.
Derivative Suit means any lawsuit against an Insured Person for a Wrongful Act of such Insured Person made on behalf of a REIT by any securities holders of such REIT, in their capacity as such, including any lawsuit naming the REIT as a nominal defendant.
Derivative Suit means a Proceeding against the ---------------- Officer brought by or in the right of the Corporation and/or an Affiliate (hereinafter defined), which involves the Officer by reason of his being or having been a director, officer or agent of the Corporation, an Affiliate or a subsidiary thereof.
Derivative Suit means any lawsuit by a securityholder of an Organization brought derivatively on behalf of such Organization against an Insured Person or the Organization, including against the Organization as a nominal defendant.
Derivative Suit means that certain lawsuit filed in the United States District Court for the District of Colorado, Civil Action
Derivative Suit means the shareholders’ derivative suit filed by ▇▇▇▇▇ ▇▇▇▇, a holder of the Debtor’s common stock, against certain of the Debtor’s directors and former directors in the District Court on August 10, 2001 (Civil Action No. 01-CV-3819).
Derivative Suit means a lawsuit purportedly brought derivatively on behalf of a Corporation by a Complainant against an Executive of the Corporation. Domestic Partner means any natural person qualifying as a domestic partner under the provisions of any applicable federal, provincial, territorial, state or local law or under the provisions of any formal program established by the Corporation.