Pennsylvania Law definition

Pennsylvania Law means the Pennsylvania Business Corporation law of 1988.
Pennsylvania Law means the Pennsylvania Business Corporation Law.
Pennsylvania Law means Subchapter E of Chapter 25 of the Pennsylvania Business Corporation Law of 1988, as amended, 15 Pa. C.S. Sections 2541-2548.

Examples of Pennsylvania Law in a sentence

  • Expenses incurred by a director or officer in defending a Proceeding shall be paid by the Corporation in advance of the final disposition of the Proceeding, provided that, if Pennsylvania Law requires, the payment of such expenses shall be made only upon receipt of an undertaking by or on behalf of the director or officer to repay such amount if it shall ultimately be determined that he is not entitled to be indemnified by the Corporation as mandated in this Section 7.1 or otherwise.

  • All such persons meeting the requirements of the term director, as defined in this Section 24.14, shall be afforded the maximum indemnification allowable under Pennsylvania Law.

  • The indemnification so provided by this Section 7.1 or otherwise, may be granted whether or not the Corporation would have the power to indemnify such person under any provision of Pennsylvania Law other than the DLA.

  • Other Provisions of Pennsylvania Law The Pennsylvania Business Corporation Law also contains provisions that have the effect of impeding a change in control.

  • At the Effective Time, the effect of the Merger shall be as provided in the applicable provisions of Delaware Law and Pennsylvania Law.


More Definitions of Pennsylvania Law

Pennsylvania Law means the laws of the Commonwealth of Pennsylvania that a Pennsylvania lawyer exercising customary professional diligence would reasonably be expected to recognize as being applicable to the PA Guarantor, the Indentures or the Exchange Guarantees; provided that “Pennsylvania 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.
Pennsylvania Law means Title 15 of the Pennsylvania Consolidated Statutes.
Pennsylvania Law shall have the meaning set forth in Section 1.1.
Pennsylvania Law means Title 15 of the Pennsylvania Consolidated Statutes, as amended.
Pennsylvania Law means the Pennsylvania Business Corporation Law and all amendments and additions thereto.
Pennsylvania Law means the Corporations Code of the Consolidated ---------------- Statutes of the Commonwealth of Pennsylvania.