Manager Indemnified Party definition

Manager Indemnified Party has the meaning set forth in Section 8(a) hereof.

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Manager Indemnified Party shall have the meaning set forth in Section 11(a) of this Agreement.

Manager Indemnified Party has the meaning assigned thereto in Section 9.1.1 hereof;

Examples of Manager Indemnified Party in a sentence

The indemnification provided for in Section 6.01(b) shall not apply to the extent any such losses, liabilities, damages, costs and expenses are incurred as a result of any fraud, gross negligence, bad faith or reckless or willful misconduct on the part of a Manager Indemnified Party.
However, failure to notify the Manager of any claim shall not relieve the Manager from any liability which it may have to any Manager Indemnified Party against whom such action is brought otherwise than on account of its indemnity agreement contained in this paragraph, and shall not release it from such liability under this paragraph unless and to the extent it did not otherwise learn of such action and such failure results in the forfeiture by the Manager of substantial rights and defenses.

More Definitions of Manager Indemnified Party

Manager Indemnified Party has the meaning set forth in Section 8(f) of this Agreement.

Manager Indemnified Party has the meaning set forth in Section 13(a).

Manager Indemnified Party has the meaning set forth in Section 10(a) hereof.

Manager Indemnified Party means any of the following parties: (i) each director of the Board, (ii) the Manager, (iii) ManagementCo Shareholder (including when acting in the capacity as the Tax Matters Partner or the Partnership Representative), (iv) each Affiliate of the Manager or ManagementCo Shareholder, (v) each partner, stockholder, member, director, officer, fiduciary, manager, controlling Person, employee and agent of the Manager, ManagementCo Shareholder or any Affiliate of the Manager or ManagementCo Shareholder, including the Designated Individual, and (vi) each partner, stockholder, member, director, officer, fiduciary, manager, controlling Person, employee and agent of any Person specified in clause (v) of this sentence.

Manager Indemnified Party and “Manager Indemnified Parties” shall have the meanings set forth in Section 7.02(e).

Manager Indemnified Party is defined in subsection 2.6(b).

Manager Indemnified Party shall have the meaning set forth in Section 15(a) of this Agreement.