Common use of Excluded Coverage Clause in Contracts

Excluded Coverage. The Corporation shall have NO obligation to indemnify and hold the Director and/or Officer harmless against any Losses or Expenses which have been judicially determined to constitute an Excluded Proceeding.

Appears in 3 contracts

Sources: Indemnification Agreement (BK Technologies Corp), Indemnification Agreement (Ballantyne Strong, Inc.), Indemnification Agreement (BK Technologies Corp)

Excluded Coverage. The Corporation shall have NO no obligation to indemnify and hold the Director and/or Officer harmless against any Losses or Expenses which have been judicially determined to constitute an Excluded Proceeding.

Appears in 2 contracts

Sources: Indemnification Agreement (FG Financial Group, Inc.), Indemnification Agreement (1347 Property Insurance Holdings, Inc.)

Excluded Coverage. The Corporation shall have NO no obligation to indemnify and hold the Director and/or Officer harmless against any Losses or Expenses which have been judicially determined Determined to constitute an Excluded ProceedingClaim.

Appears in 1 contract

Sources: Indemnification Agreement (Kingsway Financial Services Inc)