Indemnified Event definition

Indemnified Event means any claim asserted against the Director, whether civil, criminal, administrative or investigative in nature, for monetary or other relief; or any Proceeding to which the Director is named as a party or is a subject of or witness in, or with respect to which he or she is threatened to be named as a party, subject or witness, brought against the Director by reason of his or her serving or acting in any Indemnified Position or arising or allegedly arising directly or indirectly out of, or otherwise relating to, any action, omission, occurrence or event involving the Director in any Indemnified Position, including any Proceeding, formal or informal or otherwise, conducted or brought by the Securities and Exchange Commission or other governmental agency, or The National Association of Securities Dealers, Inc., a national stock exchange or similar organization.

Indemnified Event has the meaning specified in Section 9.3(b).

Indemnified Event has the meaning set forth in Section 8(e).

Examples of Indemnified Event in a sentence

• In no event will Supplier enter into any settlement concerning an Indemnified Event without Buyer’s prior written consent.

• The Director agrees to repay any Expenses advanced if it shall ultimately be determined (which shall only be made after the Final Disposition of the Proceeding related to an Indemnified Event, as hereinafter provided) that the Director was not entitled to reimbursement of Expenses in connection with the Indemnified Event for which such Expenses were made.

• All calculations shall be made at the time of the relevant indemnification payment using reasonable assumptions (as agreed to by the Indemnifying Party and Indemnified Party) and present value concepts (using a discount rate equal to the Applicable Rate in effect at the time of the Indemnified Event using semi-annual compounding).

• All calculations shall be made at the time of the relevant indemnification payment using reasonable assumptions (as agreed to by the indemnifying and indemnified party) and present value concepts (using a discount rate equal to the applicable federal rate in effect at the time of the Indemnified Event (based on the Federal mid-term rate) using semi-annual compounding.

• All calculations shall be made at the time of the relevant indemnification payment using reasonable assumptions (as agreed to by the indemnifying party and Indemnified Party) and present value concepts (using a discount rate equal to the applicable federal mid-term rate in effect for the month in which the Indemnified Event occurs (using semi-annual compounding) as published by the IRS.

More Definitions of Indemnified Event

Indemnified Event has the meaning specified in the Section 7.05(e) of this Agreement.

Indemnified Event has the meaning specified in Section 11.4. ----------------- ------------

Indemnified Event has the meaning specified in Section 10.3(c). ----------------- ---------------

Indemnified Event has the meaning set forth in Section 9.07 hereof.

Indemnified Event. See Section 7.2(b);

Indemnified Event has the meaning given to that term in Section 9.01(a). “Initial Letter of Credit” has the meaning given to that term in Section 3.06(b). “Initial Term” has the meaning given to it in Section 2.02(a).

Indemnified Event has the meaning specified in SECTION 11.4.