Common use of Indemnity of Partnership Clause in Contracts

Indemnity of Partnership. The General Partner hereby indemnifies and holds harmless the Partnership and each Limited Partner from and against all costs, expenses, damages or liabilities suffered or incurred by the Partnership or any Limited Partner by reason of an act of willful misconduct or gross negligence by the General Partner or of any act or omission not believed by the General Partner in good faith to be within the scope of the authority conferred on the General Partner by this Agreement.

Appears in 6 contracts

Samples: Limited Partnership Agreement (Telesat Partnership LP), Limited Partnership Agreement (Telesat Corp), Limited Partnership Agreement (Loral Space & Communications Inc.)

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Indemnity of Partnership. The General Partner hereby indemnifies will indemnify and holds hold harmless the Partnership and each Limited Partner from and against all costs, expenses, for any costs or damages or liabilities suffered or incurred by the Partnership or any Limited Partner by reason as a result of an act of willful misconduct or gross negligence or wilful misconduct by the General Partner or of any act or omission not believed by the General Partner in good faith to be within the scope of the authority conferred on the General Partner by this Agreement.

Appears in 3 contracts

Samples: Limited Partnership Agreement, Limited Partnership Agreement, Limited Partnership Agreement

Indemnity of Partnership. The General Partner hereby indemnifies shall indemnify and holds hold harmless the Partnership and each Limited Partner from and against all costsloss, expensesliability, damages expense, cost or liabilities damage suffered or incurred by the Partnership or any Limited Partner by reason as a result of an act act, omission or error in judgment of willful misconduct or gross negligence by the General Partner which (a) is in contravention of Section 9.7, (b) results in a loss of limited liability of the Limited Partner or otherwise exposes the Limited Partner to unlimited liability, or (c) results from the gross negligence or willful misconduct of any act or omission not believed by the General Partner in good faith to be within the scope of the authority conferred on the General Partner by this AgreementPartner.

Appears in 3 contracts

Samples: Limited Partnership Agreement (Dollarama CORP), Dollarama Group Holdings CORP, Dollarama CORP

Indemnity of Partnership. The General Partner hereby indemnifies and holds harmless the Partnership and each Limited Partner from and against all costs, expenses, damages or liabilities suffered or incurred by the Partnership or any Limited Partner by reason of an act of willful wilful misconduct or gross negligence by the General Partner or of any act or omission not believed by the General Partner in good faith to be within the scope of the authority conferred on the General Partner by this Agreement.

Appears in 3 contracts

Samples: Limited Partnership Agreement (Restaurant Brands International Inc.), Limited Partnership Agreement (Restaurant Brands International Inc.), Voting Agreement (Burger King Worldwide, Inc.)

Indemnity of Partnership. The General Partner hereby indemnifies and holds harmless the Partnership and each Limited Partner from and against all costs, expenses, damages or liabilities suffered or incurred by the Partnership or any Limited Partner by reason of an act of willful misconduct or gross negligence by the General Partner or of any act or omission not believed by the General Partner in good faith to be within the scope of the authority conferred on the General Partner by this Agreementfaith.

Appears in 2 contracts

Samples: Limited Partnership Agreement (Telesat Corp), Limited Partnership Agreement (Telesat Partnership LP)

Indemnity of Partnership. The General Partner hereby indemnifies and holds harmless the Partnership and each Limited Partner from and against all costs, expenses, damages or liabilities suffered or incurred by the Partnership or any Limited Partner by reason of an act of willful wilful misconduct or gross negligence by the General Partner or of any act or omission not believed by the General Partner in good faith to be within the scope of the authority conferred on the General Partner by this Agreement.

Appears in 1 contract

Samples: Limited Partnership Agreement

Indemnity of Partnership. The General Partner hereby indemnifies and holds harmless the Partnership and each Limited Partner from and against all costs, expenses, damages or liabilities suffered or incurred by the Partnership or any Limited Partner by reason of an act of willful misconduct or wilful misconduct, gross negligence or fraud by the General Partner or of any act or omission not believed by the General Partner in good faith to be within the scope of the authority conferred on the General Partner by this Agreement.

Appears in 1 contract

Samples: Agreement (Abitibi Consolidated Inc)

Indemnity of Partnership. The General Partner hereby indemnifies and holds harmless the Partnership and each Limited Partner from and against all costs, expenses, damages or liabilities suffered or incurred by the Partnership or any such Limited Partner Partners by reason of an act the fraud or Gross Negligence of willful misconduct or gross negligence by the General Partner or of any act or omission not believed by the General Partner in good faith to be within the scope of the authority conferred on the General Partner by this Agreement.

Appears in 1 contract

Samples: Limited Partnership Agreement

Indemnity of Partnership. The Each of the General Partner Partners hereby indemnifies and holds harmless the Partnership and each Limited Partner from and against all costs, expenses, damages or liabilities suffered or incurred by the Partnership or any Limited Partner by reason of an act of willful misconduct wilful misconduct, negligence or gross negligence fraud by the such General Partner or of any act or omission not believed by the such General Partner in good faith to be within the scope of the authority conferred on the such General Partner by this Agreement.

Appears in 1 contract

Samples: Partnership Agreement

Indemnity of Partnership. The General Partner hereby indemnifies will indemnify and holds hold harmless the Partnership and each Limited Partner from and against all any costs, expensesdamages, damages liabilities, expenses or liabilities losses suffered or incurred by the Partnership that results from or any Limited Partner by reason arises out of an act of the fraud, willful misconduct or gross negligence by on the part of the General Partner or of any act or omission not believed by the General Partner in good faith to be within the scope of the authority conferred on the General Partner by this AgreementPartner.

Appears in 1 contract

Samples: Limited Partnership Agreement (Extendicare Real Estate Investment Trust)

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Indemnity of Partnership. The General Partner hereby indemnifies shall indemnify and holds hold harmless the Partnership and each Limited Partner from and against all costsloss, expensesliability, damages expense, cost or liabilities damage suffered or incurred by the Partnership or any Limited Partner by reason as a result of an act act, omission or error in judgment of willful misconduct or gross negligence by the General Partner which (a) is in contravention of Section 9.6, (b) results in a loss of limited liability of the Limited Partner or otherwise exposes the Limited Partner to unlimited liability, or (c) results from the gross negligence or willful misconduct of any act or omission not believed by the General Partner in good faith to be within the scope of the authority conferred on the General Partner by this AgreementPartner.

Appears in 1 contract

Samples: Limited Partnership Agreement (Coal Valley Resources Inc.)

Indemnity of Partnership. The General Partner hereby indemnifies and holds harmless the Partnership and each Limited Partner from and against all costs, expenses, damages or liabilities suffered or incurred by the Partnership or any Limited Partner by reason of an act of willful misconduct wilful misconduct, negligence or gross negligence fraud by the General Partner or of any act or omission not believed by the General Partner in good faith to be within the scope of the authority conferred on the General Partner by this Agreement.

Appears in 1 contract

Samples: Agreement (Cinram International Income Fund)

Indemnity of Partnership. The General Partner hereby indemnifies shall indemnify and holds hold harmless the Partnership and each Limited Partner from and against all any costs, damages, liabilities, expenses, damages or liabilities losses suffered or incurred by the Partnership resulting from or any Limited Partner by reason arising out of an act of willful misconduct or gross negligence by or wilful misconduct in the General Partner performance of or wilful disregard or breach of its obligations or duties hereunder and from any act act, omission or omission not believed error in judgment arising from a transaction entered into by the General Partner in good faith to be within contravention of section 7.6, including legal expenses incurred by the scope of the authority conferred on the General Partner by this AgreementPartnership.

Appears in 1 contract

Samples: Agreement

Indemnity of Partnership. The General Partner hereby indemnifies and holds harmless the Partnership and each Limited Partner from and against all costs, expenses, damages or liabilities suffered or incurred by the Partnership or any such Limited Partner Partners by reason of an act of willful misconduct or wilful misconduct, gross negligence by the General Partner or of any act or omission not believed by the General Partner in good faith to be within the scope of the authority conferred on the General Partner by this Agreement.

Appears in 1 contract

Samples: Limited Partnership Agreement (Atlantic Oklahoma Wind, LLC)

Indemnity of Partnership. 3.13 The General Partner hereby indemnifies will indemnify and holds hold harmless the Partnership and each Limited Partner from and against all costs, expensesdamages, damages or liabilities liabilities, expenses and losses (including legal expenses on a solicitor and own client basis) suffered or incurred by the Partnership resulting from or any Limited Partner by reason arising out of an act a failure of willful misconduct or gross negligence by the General Partner or of any to act or omission not believed as required by the General Partner in good faith to be within the scope of the authority conferred on the General Partner by this Agreement§12.8.

Appears in 1 contract

Samples: Agreement

Indemnity of Partnership. The General Partner hereby indemnifies and holds harmless the Partnership and each Limited Partner from and against all costs, expenses, damages or liabilities suffered or incurred by the Partnership or any Limited Partner by reason of an act of willful misconduct wilful misconduct, fraud or gross negligence by the General Partner or of any act or omission not believed by the General Partner in good faith to be within the scope of the authority conferred on the General Partner by this Agreement.

Appears in 1 contract

Samples: Limited Partnership Agreement

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