Nevada Law definition

Nevada Law means the Nevada Revised Statutes.

Nevada Law means the Nevada Revised Statutes, as amended from time to time.

Nevada Law has the meaning set forth in the recitals.

Examples of Nevada Law in a sentence

• The Board of Directors is authorized on behalf of the corporation, to enter into, deliver and perform agreements or other arrangements to provide any Indemnitee with specific rights of indemnification in addition to the rights provided hereunder to the fullest extent permitted by Nevada Law.

• The corporation may, unless prohibited by Nevada Law, purchase and maintain insurance or make other financial arrangements ("Financial Arrangements") on behalf of any Indemnitee for any liability asserted against him and liability and expenses incurred by him in his capacity as a director, officer, employee or agent, or arising out of his status as such, whether or not the corporation has the authority to indemnify him against such liability and expenses.

• The purpose or purposes of the corporation is to engage in any lawful act or activity for which corporations may be organized under Nevada Law.

• The effect of such Preferred Stock is that our Board of Directors alone, within the bounds and subject to the federal securities laws and the Nevada Law, may be able to authorize the issuance of Preferred Stock which could have the effect of delaying, deferring or preventing a change in control of our Company without further action by the stockholders and might adversely affect the voting and other rights of holders of Common Stock.

• In the event of any change in Nevada Law that narrows or restricts the right of a Nevada corporation to indemnify Indemnitee, such change, to the extent not otherwise required by Nevada Law to be applied to Indemnitee in the relevant circumstances, shall have no effect on this Agreement or the rights and obligations of the parties hereunder.

More Definitions of Nevada Law

Nevada Law has the meaning set forth in Section 1.1(b).

Nevada Law means the Nevada General Corporation Law, as amended and in effect from time to time or any successor or other statutes of Nevada having similar import and effect.

Nevada Law means the laws of the State of Nevada that a Nevada lawyer exercising customary professional diligence would reasonably be expected to recognize as being applicable to the Nevada Guarantors, the May 2015 Indenture, including the Third Lien Exchange Guarantees contained therein, provided that “Nevada Law” does not include any statute, rule, regulation, ordinance, order or other promulgation of any regional or local governmental body or as to any related judicial or administrative decision. Our opinion herein is limited to the effect on the subject transactions of Nevada Law as in effect on the date hereof. We disclaim any obligation to advise you of any change in law or subsequent developments in law or changes in facts or circumstances which might affect any matters or opinions set forth herein. We assume no responsibility regarding the applicability to such transactions, or the effect thereon, of the laws of any other jurisdiction.

Nevada Law means all State of Nevada laws, statutes, orders, policies, licenses, permits, clearances, approvals, regulations, rules of and agreements with any State of Nevada governmental instrumentality and interpretations thereof having jurisdiction over the matter in question.

Nevada Law means the Nevada Business Corporation Act.

Nevada Law has the meaning set forth in the Recitals.

Nevada Law means the laws of the State of Nevada that a Nevada lawyer exercising customary professional diligence would reasonably be expected to recognize as being applicable to the Nevada Guarantors, the Indenture, and the Exchange Guarantees, provided that “Nevada Law” does not include any statute, rule, regulation, ordinance, order or other promulgation of any regional or local governmental body or as to any related judicial or administrative decision. Our opinion herein is limited to the effect on the subject transactions of Nevada Law as in effect on the date hereof. We disclaim any obligation to advise you of any change in law or subsequent developments in law or changes in facts or circumstances which might affect any matters or opinions set forth herein. We assume no responsibility regarding the applicability to such transactions, or the effect thereon, of the laws of any other jurisdiction. In rendering our opinion, we express no opinion herein as to the applicability or effect of any fraudulent transfer or similar law on the Indenture, the Exchange Guarantees, or the transactions contemplated thereby. Based upon and subject to the foregoing and the additional qualifications, assumptions and limitations stated herein, we are of the opinion that: