Common use of Indemnification of Protected Persons Clause in Contracts

Indemnification of Protected Persons. To the fullest extent permitted by law, the Company shall indemnify, hold harmless, protect and defend the Sole Member, each Manager of the Company and each officer of the Company (each, a “Protected Person”) against any losses, claims, damages or liabilities, including legal fees and expenses incurred in investigating or defending against any such losses, claims, damages or liabilities, and any amounts expended in settlement of any claims approved by the Board of Managers (collectively, “Liabilities”), to which any Protected Person may become subject:

Appears in 3 contracts

Samples: Limited Liability Company Agreement (McGraw-Hill Global Education LLC), Limited Liability Company Agreement (McGraw-Hill Global Education LLC), Limited Liability Company Agreement (McGraw-Hill Global Education LLC)

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Indemnification of Protected Persons. To the fullest extent permitted by law, the Company shall indemnify, hold harmless, protect and defend the Sole Member, each Manager of the Company and each officer of the Company (each, a “Protected Person”) Person against any losses, claims, damages or liabilities, including without limitation reasonable legal fees and or other expenses incurred in investigating or defending against any such losses, claims, damages or liabilities, and any amounts expended in settlement of any claims approved by the Board of Managers Managing Member (collectively, "Liabilities"), to which any Protected Person may become subject:

Appears in 2 contracts

Samples: Investment Agreement (Krf3 Acquisition Co LLC), Investment Agreement (Krupp Family Limited Partnership 94)

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Indemnification of Protected Persons. To the fullest extent permitted by law, the Company shall indemnify, hold harmless, protect and defend the Sole Member, each Manager of the Company Member and each officer of the Company (each, a “Protected Person”) against any losses, claims, damages or liabilities, including legal fees and expenses incurred in investigating or defending against any such losses, claims, damages or liabilities, and any amounts expended in settlement of any claims approved by the Board of Managers Sole Member (collectively, “Liabilities”), to which any Protected Person may become subject:

Appears in 2 contracts

Samples: Limited Liability Company Agreement (MBOW Four Star, L.L.C.), Operating Agreement (Tagworks, LLC)

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