Exculpated Person definition

Exculpated Person means each Person that is an affiliate, equityholder, beneficiary, trustee, member, officer, director, agent, manager, independent manager, employee or partner of Borrower or Sponsor.
Exculpated Person has the meaning ascribed to it in Section 10.2.
Exculpated Person means the Debtor, the Committee and its individual members, the Debtor's Representatives, the Committee's Representatives, the New Equity Investors, and the Indenture Trustee's Representatives.

Examples of Exculpated Person in a sentence

  • All Losses suffered by Lender as a result of any act or omission (including any failure to maintain, preserve, protect, or repair the Property) by any Exculpated Person that impaired the value of the Property, including the value of the Property as collateral for the Loan.

  • Any termination of this Agreement or amendment to this Section 11.3 shall not adversely affect any right or protection of an Exculpated Person existing at the time of such termination or amendment.

  • No Exculpated Person shall have any fiduciary or other duty to the Company or any Member, except as expressly set forth in this Agreement or to the extent otherwise required by law.


More Definitions of Exculpated Person

Exculpated Person shall have the meaning set forth in Section 14.1.
Exculpated Person means, except as limited and restricted in Article IX of this Plan, the Fund, MAA, the Plan Administrator, the Disbursing Agent, or the Estate, and any of the foregoing’s respective present or future accountants, advisors, agents, attorneys, consultants, directors, members, employees, officers, representatives, or professional persons.
Exculpated Person means, at any time of determination, any current or former Interest Holder or Director of the Company or director or manager of any of the Company’s Subsidiaries.
Exculpated Person means (i) any Member and such Member’s Affiliates and (ii) any member, manager, partner, stockholder, officer, director, employee or agent of any of the foregoing.
Exculpated Person shall the meaning indicated in Section 7.11.
Exculpated Person means the Debtor, the Reorganized Debtor, the Met-Coil Affiliates and their respective Representatives.
Exculpated Person means the Debtors, the Responsible Person, the Senior Lenders and each of their respective Representatives.