Common use of Indemnification of General Partner Clause in Contracts

Indemnification of General Partner. The Partnership shall indemnify the General Partner, the members, managers, directors, officers, agents and employees of the General Partner against any losses, liabilities, damages and expenses to which any of such persons may become subject, including attorneys’ fees, judgments and amounts paid in settlement, actually and reasonably incurred by them, and advance all expenses to them, in connection with any threatened, pending or completed action, suit or proceeding to which any of them was or is a party or is threatened to be made a party by reason of the direct or indirect association by them with the Partnership to the maximum extent permitted by applicable law.

Appears in 10 contracts

Samples: Limited Partnership Agreement, Limited Partnership Agreement (Natural Resource Partners Lp), Limited Partnership Agreement (Plains All American Pipeline Lp)

AutoNDA by SimpleDocs

Indemnification of General Partner. The Partnership shall indemnify the General Partner, the membersMembers, managers, directors, officers, agents and employees of the General Partner against any losses, liabilities, damages and expenses to which any of such persons may become subject, including attorneys' fees, judgments and amounts paid in settlement, actually and reasonably incurred by them, and advance all expenses to them, in connection with any threatened, pending or completed action, suit or proceeding to which any of them was or is a party or is threatened to be made a party by reason of the direct or indirect association by them with the Partnership to the maximum extent permitted by applicable law.

Appears in 3 contracts

Samples: Agreement (Natural Resource Partners Lp), Limited Partnership Agreement (Acin LLC), Limited Partnership Agreement (Natural Resource Partners Lp)

Indemnification of General Partner. The Partnership shall indemnify the General Partner, the members, managers, directors, officers, agents and employees of the General Partner against any losses, liabilities, damages and expenses to which any of such persons may become subject, including attorneys' fees, judgments and amounts paid in settlement, actually and reasonably incurred by them, and advance all expenses to them, in connection with any threatened, pending or completed action, suit or proceeding to which any of them was or is a party or is threatened to be made a party by reason of the direct or indirect association by them with the Partnership to the maximum extent permitted by applicable law.

Appears in 2 contracts

Samples: Limited Partnership Agreement (Plains All American Pipeline Lp), Limited Partnership Agreement (Plains Resources Inc)

AutoNDA by SimpleDocs

Indemnification of General Partner. The Partnership shall indemnify the General Partner, and the members, managers, directors, officers, agents and employees of the General Partner Partner, against any losses, liabilities, damages and expenses to which any of such persons Persons may become subject, including attorneys’ fees, judgments and amounts paid in settlement, actually and reasonably incurred by them, and advance all expenses to them, in connection with any threatened, pending or completed action, suit or proceeding to which any of them was or is a party or is threatened to be made a party by reason of the direct or indirect association by them with the Partnership to the maximum extent permitted by applicable law.

Appears in 1 contract

Samples: Agreement of Limited (K Hovnanian Enterprises Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.