Fiduciary Insurance. (a) The Company shall maintain, at its expense, insurance (i) to indemnify Company for any obligations which it incurs as a result of the indemnification of Indemnified Persons under the provisions of this Article XI, and (ii) to indemnify Indemnified Persons in instances in which they may not otherwise be indemnified by the Company under the provisions of this Article XI.
Appears in 5 contracts
Samples: www.sec.gov, Limited Liability Company Operating Agreement (Gmac LLC), Limited Liability Company Operating Agreement (Gmac LLC)
Fiduciary Insurance. (a) The Unless otherwise agreed by the Board of Directors, the Company shall maintain, at its expense, insurance (ia) to indemnify the Company for any obligations which it incurs as a result of the indemnification of Indemnified Persons under the provisions of this Article XIARTICLE VI, and (ii) to indemnify Indemnified Persons in instances in which they may not otherwise be indemnified by the Company under the provisions of this Article XIARTICLE VI.
Appears in 5 contracts
Samples: LLC Operating Agreement, Operating Agreement (Chrysler Group LLC), Operating Agreement (Chrysler Group LLC)
Fiduciary Insurance. (a) The Unless otherwise agreed by the Board of Managers and the Joint Majority Holders, the Company shall maintain, at its expense, insurance (ia) to indemnify Company for any obligations which it incurs as a result of the indemnification of Indemnified Persons under the provisions of this Article XI, and (ii) to indemnify Indemnified Persons in instances in which they may not otherwise be indemnified by the Company under the provisions of this Article XI.
Appears in 4 contracts
Samples: Limited Liability Company Operating Agreement, Limited Liability Company Operating Agreement, Limited Liability Company Operating Agreement (Gmac LLC)
Fiduciary Insurance. (a) The Unless otherwise agreed by the Board of Managers, the Company shall maintain, at its expense, insurance (ia) to indemnify Company for any obligations which it incurs as a result of the indemnification of Indemnified Persons under the provisions of this Article XIARTICLE VI, and (ii) to indemnify Indemnified Persons in instances in which they may not otherwise be indemnified by the Company under the provisions of this Article XIARTICLE VI.
Appears in 2 contracts
Samples: Operating Agreement (DaimlerChrysler Financial Services Americas LLC), Operating Agreement (Chrysler Financial Services Americas LLC)
Fiduciary Insurance. (a) The Unless otherwise agreed by the Board of Directors, the Company shall maintain, at its expense, insurance (ia) to indemnify indemnif~y Company for any obligations which it incurs as a result of the indemnification of Indemnified Persons under the provisions of this Article XIARTICLE VI, and (ii) to indemnify indemnify' Indemnified Persons in instances in which they may not otherwise be indemnified by the Company under the provisions of this Article XIARTICLE VI.
Appears in 1 contract
Samples: Shareholders Agreement
Fiduciary Insurance. (a) The Unless otherwise agreed by the Board of Managers, the Company shall maintain, at its expense, insurance (ia) to indemnify Company for any obligations which it incurs as a result of the indemnification of Indemnified Persons under the provisions of this Article XIVI, and (ii) to indemnify Indemnified Persons in instances in which they may not otherwise be indemnified by the Company under the provisions of this Article XIVI.
Appears in 1 contract
Fiduciary Insurance. (a) The Unless otherwise agreed by the Board of Managers, the Company shall maintain, at its expense, insurance (ia) to indemnify Company for any obligations which it incurs as a result of the indemnification of Indemnified Persons under the provisions of this Article XIARTICLE VI, and (ii) to indemnify Indemnified Persons in instances in which they may not otherwise be indemnified by the Company under the provisions of this Article XI.ARTICLE VI. Section 6. 3
Appears in 1 contract
Samples: Limited Liability Company Agreement
Fiduciary Insurance. (a) The Unless otherwise agreed by the Board, the Company shall maintain, at its expense, insurance (ia) to indemnify the Company for any obligations which it incurs as a result of the indemnification of Indemnified Covered Persons under the provisions of this Article XI, and (iib) to indemnify Indemnified Covered Persons in instances in which they may not otherwise be indemnified by the Company under the provisions of this Article XI11.
Appears in 1 contract
Fiduciary Insurance. (a) The Unless otherwise agreed by the Board of Directors, the Company shall maintain, at its expense, insurance (ia) to indemnify Company for any obligations which it incurs as a result of the indemnification of Indemnified Persons under the provisions of this Article XIARTICLE VI, and (ii) to indemnify Indemnified Persons in instances in which they may not otherwise be indemnified by the Company under the provisions of this Article XIARTICLE VI.
Appears in 1 contract
Samples: Operating LLC Agreement
