Final Judicial Determination definition
Examples of Final Judicial Determination in a sentence
In the event that a legal or equitable action is commenced with respect to any of the provisions of Section 6 or Section 7 hereof and I have not strictly observed the provisions in such sections with respect to which such action has been commenced then the one-year or two-year periods, as applicable, described in such sections not strictly observed by me shall begin to run anew from the date of any Final Judicial Determination of such legal action.
No Indemnified Party shall have any liability (whether direct or indirect, in contract or tort or otherwise) to Company or any person asserting claims on behalf of or in right of Company, directly or indirectly, arising out of, or relating to, the Agreement or Castle’s services thereunder, unless there is a Final Judicial Determination.
Such reimbursement shall be without interest, except that interest calculated as provided in Section 5(e)(ii) shall begin to accrue 20 days after the date of the Final Judicial Determination.
Indemnitee hereby undertakes to repay such amounts advanced if, and to the extent that, a Final Judicial Determination determines that Indemnitee is not entitled to be indemnified by the Company as authorized hereby.
In the event that a legal or equitable action is commenced with respect to any of the provisions of Section 6 hereof and I have not strictly observed the provisions in such sections with respect to which such action has been commenced then the one-year period, described in such sections not strictly observed by me shall begin to run anew from the date of any Final Judicial Determination of such legal action.
Indemnitee hereby undertakes to repay such amounts advanced if, and to the extent that, a Final Judicial Determination determines that Indemnitee is not entitled to be indemnified by Indemnitors as authorized hereby.
Notwithstanding any limitations set forth in this Section 2 regarding Indemnitors' obligation to provide indemnification, Indemnitee shall be entitled under Section 4 to receive expense advances hereunder with respect to any such Claim unless and until a court of competent jurisdiction shall have made a Final Judicial Determination that Indemnitee has engaged in acts, omissions or transactions for which Indemnitee is prohibited from receiving indemnification under this Section 2.
Notwithstanding any limitations set forth in this Section 2 regarding the Company’s obligation to provide indemnification, Indemnitee shall be entitled under Section 4 to receive expense advances hereunder with respect to any such Claim unless and until a court having jurisdiction over the Claim shall have made a Final Judicial Determination that Indemnitee has engaged in acts, omissions or transactions for which Indemnitee is prohibited from receiving indemnification under this Section 2.
In the event that a legal or equitable action is commenced with respect to any of the provisions of Sections 6 and 7 hereof and I have not strictly observed the provisions in such sections with respect to which such action has been commenced then the one-year period, described in such sections not strictly observed by me shall begin to run anew from the date of any Final Judicial Determination of such legal action.
Notwithstanding any limitations set forth in this Section 2, regarding the Company’s obligation to provide indemnification, Indemnitee shall be entitled under Section 4 to receive expense advances hereunder with respect to any such Claim unless and until a court having jurisdiction over the Claim shall have made a Final Judicial Determination that Indemnitee has engaged in acts, omissions or transactions for which Indemnitee is prohibited from receiving indemnification under this Section 2.