Directors’ Liability Insurance. Director's liability insurance will be secured for all Directors of the Burnaby Municipal Benefit Society.
Directors’ Liability Insurance. An Investor Nominee shall be entitled to the benefit of any directors’ liability insurance and indemnity, on the same terms and conditions, to which other directors of the Corporation are entitled.
Directors’ Liability Insurance. The Corporation will maintain directors’ liability insurance for each of the directors of the Corporation with coverage acceptable to the Board of Directors. The Corporation will not assign, transfer, dispose of, surrender, borrow upon or in any way encumber such insurance.
Directors’ Liability Insurance. Director's liability insurance will be secured for all Directors of the Municipal Benefit Society.
Directors’ Liability Insurance. After the Effective Date, the Company shall use its commercially reasonable efforts to maintain in full force and effect a directors’ liability insurance and fiduciary liability insurance policy, on terms and conditions and in an aggregate amount customary for the nature and size of the business of the Company and its Subsidiaries, from an internationally recognized insurance carrier.
Directors’ Liability Insurance. 6.1 The Company has taken a Directors’ and Officers’ Liability Insurance policy which will be renewed and maintained for the full term of your appointment.
Directors’ Liability Insurance. The Executive shall benefit from cover under the HSBC policy on Directors' and Officers' Liability (including Outside Directors' and Officers' Liability) subject always to the rules of the policy from time to time in force, details of which have been provided to the Executive.
Directors’ Liability Insurance. The Company shall, to the extent permitted by law, indemnify any Director for damages or losses suffered by such Director acting in good faith in the bona fide discharge or performance of his or her duties as a Director. The Company shall procure and take out appropriate insurance policy as may be necessary to cover such risk and liability.
Directors’ Liability Insurance. For the term of this Agreement and any extensions thereof, and so long as the Executive is a Director of the Corporation, the Corporation shall at its sole expense, maintain and keep in effect Directors’ liability insurance on behalf of the Executive. In event that the Corporation does not, or is unable to provide such insurance coverage, then the Corporation will indemnify the Executive against any claims or liabilities that may arise, other than for fraud, as a result of the Executive’s service as a Director.
Directors’ Liability Insurance. Unless otherwise agreed by the written consent of the Family Stockholders, Micro shall maintain, to the extent commercially available at reasonable rates, for the benefit of the directors adequate directors' liability insurance to cover the reasonably anticipated risks associated with their positions. Micro shall enter into contracts with directors which assure them of indemnification to the full extent allowable by law both while they serve as directors and thereafter and the Micro certificate of incorporation will include all applicable provisions necessary to effect the maximum protection provided by Section 102(b)(7) of the Delaware General Corporation Law.
