Common use of Corporation Law Clause in Contracts

Corporation Law. The term "Corporation Law" means the Delaware General Corporation Law as it exists on the date of this Agreement and as it may be hereafter amended from time to time. In the case of any amendment of the Delaware General Corporation Law after the date of this Agreement, when used in reference to an act or omission occurring prior to effectiveness of such amendment (unless prohibited by law), the term "Corporation Law" shall include such amendment only to the extent that the amendment permits the Company to provide broader indemnification rights than the Delaware General Corporation Law permitted the Company to provide prior to the amendment.

Corporation Law. The term "“Corporation Law" ” means the Delaware General Corporation Law as it exists on the date of this Agreement and as it may be hereafter amended from time to time. In the case of any amendment of the Delaware General Corporation Law after the date of this Agreement, when used in reference to an act or omission occurring prior to effectiveness of such amendment (unless prohibited by law), the term "“Corporation Law" ” shall include such amendment only to the extent that the amendment permits the Company to provide broader indemnification rights than the Delaware General Corporation Law permitted the Company to provide prior to the amendment.