Director Released Parties definition

Director Released Parties means, collectively, each Director and its respective heirs, executors, administrators, successors, personal representatives, estate, assigns, advisors and other representatives.

Examples of Director Released Parties in a sentence

  • The Company shall refrain from asserting any claim or otherwise attempting to collect or enforce any such Company Released Claim against any of the Director Released Parties.

  • The Company agrees not to bring or join any lawsuit or other proceeding against any of the Director Released Parties in any agency or court or before any arbitral or similar authority with respect to any Company Released Claims.

  • Broadfin shall refrain from asserting any claim or otherwise attempting to collect or enforce any such Broadfin Released Claim against any of the Director Released Parties.

  • Nothing in this Agreement extinguishes any claims the Company may have: (i) against the Director for breach of this Agreement; or (ii) against any of the Director Released Parties for any claims arising from events that occur following the Resignation Date.

  • The Parties agree and covenant not to s▇▇ or bring any claims or charges against the Company Released Parties or the Director Released Parties, or any one of them, with respect to matters subject to the releases contained herein.

  • In furtherance of the foregoing, ▇▇▇▇ ▇▇▇▇▇▇▇ covenants on behalf of himself and the ▇▇▇▇ ▇▇▇▇▇▇▇ Releasing Parties not to ▇▇▇ or prosecute any action against any of the Resigning Director Released Parties with respect to any of the matters within the scope of this Release and agrees to hold each of the Resigning Director Released Parties harmless with respect to any such suit or prosecution in contravention of this Section 1.

  • In furtherance of the foregoing, [Resigning Director] covenants on behalf of himself and the [Resigning Director] Releasing Parties not to ▇▇▇ or prosecute any action against any of the Resigning Director Released Parties with respect to any of the matters within the scope of this Release and agrees to hold each of the Resigning Director Released Parties harmless with respect to any such suit or prosecution in contravention of this Section 1.

  • The Liquidating Trust and the Independent Director Released Parties warrant that they have not sold, assigned, or otherwise transferred any interest in the matters, demands, rights, or insurance policies that are the subject of the releases herein, and that they are the only Persons entitled to recover under the Remaining D&O Insurance Policies for such released matters.

  • In furtherance of the foregoing, ▇▇▇▇ ▇▇▇▇ covenants on behalf of himself and the ▇▇▇▇ ▇▇▇▇ Releasing Parties not to ▇▇▇ or prosecute any action against any of the Resigning Director Released Parties with respect to any of the matters within the scope of this Release and agrees to hold each of the Resigning Director Released Parties harmless with respect to any such suit or prosecution in contravention of this Section 1.

  • The Company (on behalf of each Company Releasor) hereby irrevocably covenants to refrain from, directly or indirectly, asserting, commencing, instituting or causing to be commenced any Claim or demand of any kind against any member of the Director Released Parties based upon any Director Released Claims released or purported to be released hereby.