Indemnifiable Person definition

Indemnifiable Person means any person who is or was a director, officer, trustee, manager, member, partner, employee, attorney, consultant, member of an entity’s governing body (whether constituted as a board of directors, board of managers, general partner or otherwise) or other agent or fiduciary of the Company or a Subsidiary or Affiliate of the Company.

Indemnifiable Person shall have the meaning set forth in Section 4(e) of the Plan.

Indemnifiable Person has the meaning given to such term in Section 4(e) of the Plan.

Examples of Indemnifiable Person in a sentence

• Indemnifiable Person for any liability asserted against that person and liability and expenses incurred by him in his capacity as an Indemnifiable Person, shall be superior to any claim that Guarantor may now have or hereafter acquire against any Borrower, which may not be converted or continued.

• Indemnifiable Person has fairly and reasonably entitled to indemnity for such expenses as the surplus or arbitrator deems proper.

• Section 16-10a-904 of the Revised Act provides that a corporation may pay for or reimburse the reasonable expenses (including attorneys’ fees) incurred by an Indemnifiable Person who is a Party to a proceeding in advance of the final disposition of the proceeding, upon the satisfaction of certain conditions.

• Indemnifiable Person for any liability asserted against that person and liability and expenses incurred by him in his capacity as an Indemnifiable Person, or arising out of his status as such.

• The rights conferred on Indemnitee by this Agreement shall continue after Indemnitee has ceased to serve the Company or a Subsidiary or Enterprise as an Indemnifiable Person and shall inure to the benefit of Indemnitee and his or her heirs, executors and administrators.

More Definitions of Indemnifiable Person

Indemnifiable Person means any person (and that person’s heirs, executors, guardians, administrators, assigns, or other legal representatives) who was, is, or is threatened to be made a defendant or respondent in any Proceeding by reason of the fact that the person is or was either (1) a Council member, committee member, or officer of the Institute; (2) an employee, volunteer, or agent of the Institute whom the Executive Committee determines in a particular case should be treated as an Indemnifiable Person; or (3) while any of the foregoing persons is or was serving, at the request of the Institute, in any other organization.

Indemnifiable Person means any person who is or was a director, officer, trustee, manager, member, partner, employee, attorney, consultant, member of an entity’s governing body (whether constituted as a board of directors, board of managers, general partner or otherwise) or other agent or fiduciary of the Company or a Subsidiary or Affiliate of the Company. For purposes of this agreement, the estates, heirs, legal representatives, assigns, spouses and Domestic Partners of an Indemnifiable Person shall be considered Indemnifiable Persons; however, such estates, heirs, legal representatives, assigns, spouses and Domestic Partners are entitled to Expenses and Other Liabilities arising solely out of their status as such and, in the case of a spouse or Domestic Partner, where the Proceeding seeks damages from marital community property, jointly held property or property transferred from the Insured Person to the spouse or Domestic Partner.

Indemnifiable Person means the Pledgee and any of its directors and employees, and/or any of its agents or representatives.

Indemnifiable Person means an individual who is or was a director or an

Indemnifiable Person means any person who is or was a director, officer, employee, attorney, advisory director, trustee, manager, member, partner, consultant, member of an entity’s governing body (whether constituted as a board of directors, board of managers, general partner or otherwise) or other agent or fiduciary of the Company or a Subsidiary or Affiliate of the Company; or is or was serving at the request of the Company, or for the convenience of, or to represent the interest of the Company or a Subsidiary or Affiliate of the Company as a director, officer, employee, attorney, advisory director, trustee, manager, member, partner, consultant, member of an entity’s governing body (whether constituted as a board of directors, board of managers, general partner or otherwise) or other agent or fiduciary of another foreign or domestic corporation, partnership, limited liability company, joint venture, trust, employee benefit plan or other enterprise or entity; or was a director, officer, employee, attorney, advisory director, trustee, manager, member, partner, consultant, member of an entity’s governing body (whether constituted as a board of directors, board of managers, general partner or otherwise) or other agent or fiduciary of a foreign or domestic corporation or other enterprise which was a predecessor of the Company or a Subsidiary of the Company, or was a director, officer, employee, attorney, advisory director, trustee, manager, member, partner, consultant, member of an entity’s governing body (whether constituted as a board of directors, board of managers, general partner or otherwise) or other agent or fiduciary of another corporation, partnership, limited liability company, joint venture, trust, employee benefit plan or other enterprise or entity at the request of, for the convenience of, or to represent the interests of such predecessor.

Indemnifiable Person shall have the meaning set forth in Section 4(e).

Indemnifiable Person means (i) each Director, (ii) any officer, employee, attorney, agent, or representative of the Company, and (iii) each Holder.