Common use of Excluded Action or Omissions Clause in Contracts

Excluded Action or Omissions. To indemnify (i) any Claim by or in the right of the Company as to which Indemnitee shall have been adjudged to be liable to the Company unless and to the extent that the Court of Chancery of the State of Delaware or such other court in which such Claim was brought, shall determine upon application that despite the adjudication of liability, in view of all the circumstances of the case, Indemnitee is fairly and reasonably entitled to indemnity for such Expenses such court shall deem proper, or (ii) any other acts, omissions or transactions from which Indemnitee may not be relieved of liability under applicable law;

Appears in 19 contracts

Samples: Executive Employment Agreement (Marizyme Inc), Indemnification Agreement (Blue Water Biotech, Inc.), Indemnification Agreement (Altitude International Holdings, Inc.)

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Excluded Action or Omissions. To indemnify (i) any Claim by or in the right of the Company as to which Indemnitee shall have been adjudged to be liable to the Company unless and to the extent that the Court of Chancery of the State of Delaware or such other court in which such Claim was brought, shall determine upon application that despite the adjudication of liability, in view of all the circumstances of the case, Indemnitee is fairly and reasonably entitled to indemnity for such Expenses such court shall deem proper, or (ii) any other acts, omissions or transactions from which Indemnitee may not be relieved of liability under applicable Applicable law;

Appears in 4 contracts

Samples: Indemnification Agreement (Genspera Inc), Indemnification Agreement (Genspera Inc), Indemnification Agreement (Social Reality)

Excluded Action or Omissions. To indemnify No indemnification shall be made with respect to (i) any Claim by or in the right of the Company as to which Indemnitee shall have been adjudged to be liable to the Company unless and to the extent that the Court of Chancery of the State of Delaware or such other court in which such Claim was brought, shall determine upon application that despite the adjudication of liability, in view of all the circumstances of the case, Indemnitee is fairly and reasonably entitled to indemnity for such Expenses such court shall deem proper, or (ii) any other acts, omissions or transactions from which Indemnitee may not be relieved of liability under applicable Applicable law;

Appears in 2 contracts

Samples: Indemnification Agreement (Tibco Software Inc), Indemnification Agreement (Genentech Inc)

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Excluded Action or Omissions. To indemnify indemnfiy or advance Expenses with respect to (i) any Claim by or in the right of the Company as to which Indemnitee shall have been adjudged to be liable to the Company unless and to the extent that the Court of Chancery of the State of Delaware or such other court in which such Claim was brought, shall determine upon application that despite the adjudication of liability, in view of all the circumstances of the case, Indemnitee is fairly and reasonably entitled to indemnity for such Expenses such court shall deem proper, or (ii) any other acts, omissions or transactions from which Indemnitee may not be relieved of liability under applicable law;

Appears in 1 contract

Samples: Indemnification Agreement (Magma Design Automation Inc)

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