Jointly Indemnifiable Claim definition

Jointly Indemnifiable Claim means any Claim for which the Indemnitee may be entitled to indemnification from both an Indemnitee-Related Entity and the Company pursuant to applicable law, any indemnification agreement or the certificate of incorporation, by-laws, partnership agreement, operating agreement, certificate of formation, certificate of limited partnership or comparable organizational documents of the Company and an Indemnitee-Related Entity.

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Jointly Indemnifiable Claim means any Expenses, judgments, liabilities, fines, penalties and amounts paid in settlement (including all interest, assessments and other charges paid or payable in connection with or in respect of such Expenses, judgments, liabilities, fines, penalties and amounts paid in settlement) actually, and reasonably incurred by Indemnitee or on Indemnitee’s behalf in connection with a Proceeding or any claim, issue or matter therein which the Indemnitee may be entitled to indemnification from both an Indemnitee-Related Entity and the Company pursuant to applicable law, any indemnification agreement or the certificate of incorporation, by-laws, partnership agreement, operating agreement, certificate of formation, certificate of limited partnership or comparable organizational documents of the Company and an Indemnitee-Related Entity.

Jointly Indemnifiable Claim means any claim for which Indemnitee may be entitled to indemnification both from any Fund Entity, on the one hand, and the Bank, on the other hand, pursuant to applicable law, any indemnification agreement or the certificate of incorporation, bylaws, partnership agreement, operating agreement, certificate of formation, certificate of limited partnership or comparable organizational documents of the Bank or such Fund Entity.

Examples of Jointly Indemnifiable Claim in a sentence

Notwithstanding the foregoing, to the extent the General Partner reasonably determines in good faith that the they are both reasonably capable of doing so, the Partnership and Blue Owl Carry shall each be responsible for their respective Allocation Percentage of any Jointly Indemnifiable Claim for which the Partnership and Blue Owl Carry both have Liability to an Indemnitee under this Section 6.6 and Section 6.6 of the Carry LPA.
Notwithstanding the foregoing, to the extent the General Partner reasonably determines in good faith that they are reasonably capable of doing so, the Blue Owl Operating Group Entities shall each be responsible for their respective Allocation Percentage of any Jointly Indemnifiable Claim for which all Blue Owl Operating Group Entities have Liability to an Indemnitee under this Section 6.6 and the applicable section or sections of any other Blue Owl Operating Agreements.
Notwithstanding the foregoing to the extent the General Partner reasonably determines in good faith that they both are reasonably capable of doing so, the Partnership and Blue Owl Holdings shall each be responsible for their respective Allocation Percentage of any Jointly Indemnifiable Claim for which the Partnership and Blue Owl Holdings both have Liability to an Indemnitee under this Section 6.6 and Section Section 6.6 of the Holdings LPA.

More Definitions of Jointly Indemnifiable Claim

Jointly Indemnifiable Claim means any claim for which the Investor Nominee shall be entitled to indemnification from both any Fund Entity and the Company and/or the Company Bank pursuant to applicable law, any indemnification agreement or the certificate of incorporation, bylaws, partnership agreement, operating agreement, certificate of formation, certificate of limited partnership or comparable organizational documents of the Company, the Company Bank and the Fund Entities.

Jointly Indemnifiable Claim shall be broadly construed and shall include, without limitation, any Indemnified Liabilities for which the Indemnitee shall be entitled to indemnification from both (a) the Company and/or any of its Subsidiaries pursuant to the Indemnification Sources, on the one hand, and (b) any Indemnitee-Related Entity pursuant to any other agreement between such Indemnitee-Related Entity and the Indemnitee pursuant to which the Indemnitee is indemnified, the laws of the jurisdiction of incorporation or organization of such Indemnitee-Related Entity and/or the organizational documents of such Indemnitee-Related Entity, on the other hand.

Jointly Indemnifiable Claim has the meaning set forth in Section 5.12(c).

Jointly Indemnifiable Claim means any Proceeding or other Claim for which a Covered Person shall be entitled to indemnification from both an Indemnitee-Related Entity and the Company pursuant to applicable law, this Agreement, any indemnification agreement or the certificate of incorporation, by-laws, partnership agreement, operating agreement, certificate of formation, certificate of limited partnership or comparable organizational documents of the Company and an Indemnitee-Related Entity.

Jointly Indemnifiable Claim means any claim for which the Board Representative shall be entitled to indemnification from both any Fund Entity and the Company and/or the Bank pursuant to applicable law, any indemnification agreement or the certificate of incorporation, bylaws, partnership agreement, operating agreement, certificate of formation, certificate of limited partnership or comparable organizational documents of the Company, the Bank and the Fund Entities.

Jointly Indemnifiable Claim shall have the meaning given to such term in the Holdings LPA.

Jointly Indemnifiable Claim shall be broadly construed and shall include, without limitation, any Proceeding for which Indemnitee shall be entitled to indemnification or advancement of Expenses from (i) one or more of the Indemnitee-Related Entities and (ii) the Company pursuant to applicable law, any agreement or the certificate of incorporation, bylaws, partnership agreement, operating agreement, certificate of formation, certificate of limited partnership or comparable organizational documents of the Company, or any parent or subsidiary of the Company, or the Indemnitee-Related Entities, as applicable.