State statute definition

State statute means a title, chapter, article, part, subpart, Code section, or part thereof
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State statute means the general corporation law of Arizona and the indemnification provisions of any successor or amended statute.
Sample 1

Examples of State statute in a sentence

  • Any amendment, alteration or repeal of the State Statute that adversely affects any right of Indemnitee shall be prospective only and shall not limit or eliminate any such right with respect to any proceeding involving any occurrence or alleged occurrence of any action or omission to act that took place prior to such amendment or repeal.

  • The Company hereby agrees to hold harmless and indemnify Indemnitee against Expenses to the fullest extent authorized or permitted by law (including the applicable provisions of the State Statute).

  • The Director agrees that the Director will reimburse the Corporation for all reasonable expenses paid by the Corporation in defending any civil or criminal action, suit or proceeding against the Director in the event and only to the extent that it shall be ultimately determined that the Director is not entitled to be indemnified by the Corporation for such expenses under the provisions of the Certificate, the State Statute or this Agreement.

  • The Corporation hereby agrees to hold harmless and indemnify the Indemnified Party to the fullest extent authorized or permitted by the provisions of the State Statute with respect to the indemnification of directors and officers, or by any amendment thereof or other statutory provision authorizing or permitting such indemnification that is adopted after the date hereof.

  • The Corporation hereby agrees to hold harmless and indemnify Director to the full extent that the State Statute, or any amendment thereof or other statutory provision adopted after the date hereof, authorizes such indemnification by action of the Board of Directors without shareholder approval.

  • Such indemnification, and the conditions and limitations thereon set forth in the State Statute, shall not in any respect limit, condition or otherwise restrict the indemnification set forth in Section 2 hereof.

  • For purposes of this Section, "unforeseeable emergency" shall mean severe financial hardship resulting from extraordinary and unforeseeable circumstances arising as a result of one or more recent events beyond the control of the Participant.

  • Such indemnification, and the conditions and limitations thereon set forth in the State Statute shall not in any respect limit, condition or otherwise restrict the indemnification set forth in Section 3 hereof.

  • General Contractor shall, within ten (10) days FNTP secure such insurance as required by this Article, except where noted to the contrary, and in no case less than is required by the applicable State Statute.

  • The Corporation hereby agrees to hold harmless and indemnify Director to the full extent authorized or permitted by the provisions of the State Statute, or by any amendment thereof or other statutory provisions authorizing or permitting such indemnification which is adopted after the date hereof.

Related to State statute

  • The Statute means Statute 7;

  • Statute means the Companies Act (As Revised) of the Cayman Islands.

  • Governing statute of an organization means the statute that governs the organization's internal affairs.

  • the Statutes means the Companies Act and every other act (as may from time to time be amended) for the time being in force in Bermuda applying to or affecting the Company, the Memorandum of Association and/or these presents;

  • Corporate Status describes the status of a person who is or was a director, officer, trustee, general partner, manager, managing member, fiduciary, employee or agent of the Company or of any other Enterprise (as defined below) which such person is or was serving at the request of the Company.

  • State Standard Agreement means the form used by the State to enter into agreements with other parties. Several originally signed, fully executed versions of the State Standard Agreement, together with the integrated Contract Documents, shall each represent the Agreement as an individual “Contract Counterpart.”

  • Criminal drug statute means a Federal or non-Federal criminal statute involving the manufacture, distribution, dispensing, possession or use of any controlled substance.

  • the 1980 Act means the Highways Act 1980(3);

  • Commonwealth Act means the Workplace Relations Act 1996 of the Commonwealth;

  • the Commonwealth Act means the legislation of the Commonwealth Parliament by which this agreement is authorized to be executed by or on behalf of the Commonwealth;

  • the 1981 Act which means the Compulsory Purchase (Vesting Declarations) Act 1981.

  • Remote state means a member state other than the home state, where a licensee is exercising or seeking to exercise the compact privilege.

  • Appropriate State Legislation means the State Employment and Skills Development Authority Act 1990.

  • the 1988 Act means the Local Government Finance Act 1988.

  • refugee status means the recognition by a Member State of a third-country national or a stateless person as a refugee;

  • the 1985 Act means the Companies Act 1985;

  • Law means any statute, law, ordinance, regulation, rule, code, order, constitution, treaty, common law, judgment, decree, other requirement or rule of law of any Governmental Authority.

  • Public Utilities Act means the Illinois Public Utilities Act, 220 ILCS 5.

  • the 1989 Act means the Local Government and Housing Act 1989;

  • the 1983 Act means the Representation of the People Act 1983;

  • B-BBEE status level of contributor” means the B-BBEE status of an entity in terms of a code of good practice on black economic empowerment, issued in terms of section 9(1) of the Broad- Based Black Economic Empowerment Act;

  • Principal of a state contractor or prospective state contractor means (i) any individual who is a member of the board of directors of, or has an ownership interest of five per cent or more in, a state contractor or prospective state contractor, which is a business entity, except for an individual who is a member of the board of directors of a nonprofit organization, (ii) an individual who is employed by a state contractor or prospective state contractor, which is a business entity, as president, treasurer or executive vice president, (iii) an individual who is the chief executive officer of a state contractor or prospective state contractor, which is not a business entity, or if a state contractor or prospective state contractor has no such officer, then the officer who duly possesses comparable powers and duties, (iv) an officer or an employee of any state contractor or prospective state contractor who has managerial or discretionary responsibilities with respect to a state contract, (v) the spouse or a dependent child who is eighteen years of age or older of an individual described in this subparagraph, or (vi) a political committee established or controlled by an individual described in this subparagraph or the business entity or nonprofit organization that is the state contractor or prospective state contractor.

  • This code means the Code of West Virginia, 1931, as amended.

  • RCW means the Revised Code of Washington.

  • the 1961 Act means the Land Compensation Act 1961(d); “the 1965 Act” means the Compulsory Purchase Act 1965(e); “the 1980 Act” means the Highways Act 1980(f);

  • the 1986 Act means the Insolvency Act 1986;