Effect of Interest in Transaction. An Indemnitee shall not be denied indemnification in whole or in part under this Section 7.5 or otherwise by reason of the fact that the Indemnitee had an interest in the transaction with respect to which the indemnification applies if the transaction was otherwise permitted or not expressly prohibited by the terms of this Agreement.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Marshall Industries), Limited Liability Company Agreement (Wyle Electronics)
Effect of Interest in Transaction. An Indemnitee shall not be denied indemnification in whole or in part under this Section 7.5 Article 15 or otherwise by reason of the fact that the Indemnitee had an interest in the transaction with respect to which the indemnification applies if the transaction was otherwise permitted or not expressly prohibited by the terms of this Agreement.
Appears in 2 contracts
Samples: Company Operating Agreement (SRAM International Corp), Master Transaction Agreement (SRAM International Corp)
Effect of Interest in Transaction. An Indemnitee shall not be denied indemnification in whole or in part under this Section 7.5 6.03 or otherwise by reason of the fact that the Indemnitee had an interest in the transaction with respect to which the indemnification applies if the transaction was otherwise permitted or not expressly prohibited by the terms of this Agreement.
Appears in 2 contracts
Samples: Limited Liability Company Agreement, Limited Liability Company Agreement
Effect of Interest in Transaction. An Indemnitee shall not be denied indemnification in whole or in part under this Section 7.5 7.05 or otherwise by reason of the fact that the Indemnitee had an interest in the transaction with respect to which the indemnification applies if the transaction was otherwise permitted or not expressly prohibited by the terms of this Agreement.
Appears in 1 contract
Samples: Limited Liability Company Agreement
Effect of Interest in Transaction. An Indemnitee shall not be denied indemnification in whole or in part under this Section 7.5 7.05 or otherwise by reason of the fact that the Indemnitee had an interest in the transaction with respect to which the indemnification applies if the transaction was otherwise permitted or not expressly prohibited by the terms of this Agreement.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Dixie Group Inc)
Effect of Interest in Transaction. An Indemnitee shall not be denied indemnification in whole or in part under this Section 7.5 Article 16 or otherwise by reason of the fact that the Indemnitee had an interest in the transaction with respect to which the indemnification applies if the transaction was otherwise permitted or not expressly prohibited by the terms of this Agreement.
Appears in 1 contract
Samples: Limited Liability Company Operating Agreement (Black Elk Energy Finance Corp.)
Effect of Interest in Transaction. An Indemnitee shall not be denied indemnification in whole or in part under this Section 7.5 7.04 or otherwise by reason of the fact that the Indemnitee had an interest in the transaction with respect to which the indemnification applies if the transaction was otherwise permitted or not expressly prohibited by the terms of this Agreement.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Point Blank Solutions, Inc.)
Effect of Interest in Transaction. An Indemnitee shall not be denied indemnification in whole or in part under this Section 7.5 Article VII or otherwise by reason of the fact that the Indemnitee had an interest in the transaction with respect to which the indemnification applies if the transaction was otherwise permitted or not expressly prohibited by the terms of this Agreement.
Appears in 1 contract
Samples: Operating Agreement (Find SVP Inc)
