Covered Losses. (a) The Company shall indemnify and hold harmless any Member from any Covered Loss in excess of such Member's Proportionate Share of such Covered Loss.
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Samples: Operating Agreement (Leucadia National Corp), Operating Agreement (Finova Group Inc), Operating Agreement (Leucadia National Corp)
Covered Losses. (a) The Company shall indemnify and hold harmless any Member from any Covered Loss in excess of such Member's Proportionate Share of such Covered Loss.
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