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Furthermore, it is the express intent of all Members that all Members shall comply in all respects with the substantive purposes of this Agreement and that technical compliance shall constitute a breach hereof to the extent that it contravenes or does not fully achieve such substantive purposes.", "hash": "84f51e09c4528db75c6ff5f1f27caaaa", "id": 5}, {"samples": [{"hash": "6X2wsmSSKY1", "uri": "/contracts/6X2wsmSSKY1#indirect-action", "label": "Limited Liability Company Agreement (Oppenheimer Master Event-Linked Bond Fund, LLC)", "score": 19.0, "published": true}], "size": 1, "snippet_links": [{"key": "section-221", "type": "clause", "offset": [150, 162]}, {"key": "limited-liability-company-agreement", "type": "definition", "offset": [223, 258]}, {"key": "bond-fund", "type": "clause", "offset": [312, 321]}, {"key": "dated-as-of", "type": "definition", "offset": [344, 355]}, {"key": "entered-into", "type": "clause", "offset": [373, 385]}, {"key": "member-of-the-company", "type": "definition", "offset": [667, 688]}, {"key": "each-person", "type": "clause", "offset": [702, 713]}, {"key": "from-time-to-time", "type": "clause", "offset": [723, 740]}, {"key": "a-member", "type": "definition", "offset": [744, 752]}, {"key": "article-xi", "type": "definition", "offset": [765, 775]}], "snippet": "30 Section 21.17 Survival............................................30 ARTICLE XXII Amendment.....................................................31 Section 22.1 Amendment...........................................31 This Limited Liability Company Agreement (the \"Agreement\") of Oppenheim\u2587\u2587 \u2587\u2587\u2587\u2587\u2587\u2587 \u2587vent-Linked Bond Fund, LLC (the \"Company\"), dated as of May 21, 2008, is entered into by and among William L. \u2587\u2587\u2587\u2587\u2587\u2587\u2587\u2587\u2587, \u2587\u2587\u2587\u2587\u2587\u2587 C. \u2587\u2587\u2587\u2587\u2587, \u2587\u2587\u2587\u2587\u2587\u2587 L. \u2587\u2587\u2587\u2587\u2587\u2587\u2587, \u2587\u2587\u2587 \u2587. 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M\u2587\u2587\u2587\u2587\u2587 \u2587\u2587 \u2587\u2587\u2587 \u2587irectors of the Company, OppenheimerFunds, Inc., as the Organizational Member of the Company (\"OFI\"), and each person admitted from time to time as a member pursuant to Article XI (each individually a \"Member\" and collectively, the \"Members\").", "hash": "353625ddc8e2d82026dca639c507cd19", "id": 9}, {"samples": [{"hash": "gtCF8cw98dt", "uri": "/contracts/gtCF8cw98dt#indirect-action", "label": "Dealer Agreement", "score": 29.3408622742, "published": true}, {"hash": "iaCILxiL810", "uri": "/contracts/iaCILxiL810#indirect-action", "label": "Dealer Agreement (Blackstone Real Estate Income Fund)", "score": 24.270362854, "published": true}, {"hash": "6KKThKE19IP", "uri": "/contracts/6KKThKE19IP#indirect-action", "label": "Dealer Agreement (Blackstone Real Estate Income Fund II)", "score": 24.270362854, "published": true}], "size": 12, "snippet_links": [{"key": "all-parties-agree", "type": "clause", "offset": [0, 17]}, {"key": "of-the-essence", "type": "clause", "offset": [29, 43]}, {"key": "mutual-agreement", "type": "clause", "offset": [53, 69]}, {"key": "use-of-affiliates", "type": "clause", "offset": [196, 213]}, {"key": "business-dealings", "type": "definition", "offset": [226, 243]}], "snippet": "All parties agree that it is of the essence of their mutual agreement as embodied herein that neither of them shall attempt to do indirectly what they could not do directly hereunder, through the use of affiliates, reciprocal business dealings or any other means.", "hash": "24684a2ee8d9e8c834388da44c877c0d", "id": 2}, {"samples": [{"hash": "k7INj4agtwq", "uri": "/contracts/k7INj4agtwq#indirect-action", "label": "Limited Liability Company Agreement (AlphaMetrix Managed Futures III LLC (AlphaMetrix WC Diversified Series))", "score": 21.0, "published": true}, {"hash": "5Oocpqzeww4", "uri": "/contracts/5Oocpqzeww4#indirect-action", "label": "Limited Liability Company Agreement (UBS Managed Futures LLC (Aspect Series))", "score": 21.0, "published": true}], "size": 4, "snippet_links": [{"key": "of-the-essence", "type": "clause", "offset": [10, 24]}, {"key": "to-this-agreement", "type": "clause", "offset": [25, 42]}, {"key": "no-member", "type": "clause", "offset": [48, 57]}, {"key": "the-sponsor", "type": "clause", "offset": [62, 73]}, {"key": "use-of-affiliates", "type": "clause", "offset": [113, 130]}, {"key": "business-dealings", "type": "definition", "offset": [174, 191]}, {"key": "express-intent", "type": "clause", "offset": [320, 334]}, {"key": "all-members", "type": "clause", "offset": [338, 349]}, {"key": "in-all-respects", "type": "clause", "offset": [412, 427]}, {"key": "purposes-of-this-agreement", "type": "clause", "offset": [449, 475]}, {"key": "technical-compliance", "type": "clause", "offset": [485, 505]}, {"key": "to-the-extent", "type": "clause", "offset": [539, 552]}, {"key": "the-platform", "type": "definition", "offset": [752, 764]}, {"key": "to-pay", "type": "clause", "offset": [765, 771]}, {"key": "expenses-of-the", "type": "clause", "offset": [776, 791]}, {"key": "article-vi", "type": "clause", "offset": [811, 821]}], "snippet": "(a) It is of the essence to this Agreement that no Member nor the Sponsor be permitted to do indirectly \u2014 by the use of Affiliates, agents, agreements, contracts, reciprocal business dealings or any other means \u2014 that which this Agreement provides that such Member or the Sponsor not do directly. Furthermore, it is the express intent of all Members and the Sponsor that all Members and the Sponsor shall comply in all respects with the substantive purposes of this Agreement and that technical compliance shall constitute a breach hereof to the extent that it contravenes or does not fully achieve such substantive purposes.\n(b) The prohibition on indirect action in Section 8.17(a) shall in no respect be deemed to be violated by the Sponsor causing the Platform to pay the expenses of the type enumerated in Article VI.", "hash": "7e1cf825b964945f600df489cf916b48", "id": 6}, {"samples": [{"hash": "iDtXQCaZle0", "uri": "/contracts/iDtXQCaZle0#indirect-action", "label": "Asset Purchase Agreement (Pediatric Services of America Inc)", "score": 21.0, "published": true}, {"hash": "1b02eIWjVq9", "uri": "/contracts/1b02eIWjVq9#indirect-action", "label": "Asset Purchase Agreement (Pediatric Services of America Inc)", "score": 21.0, "published": true}], "size": 2, "snippet_links": [{"key": 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{"key": "subject-to-section", "type": "clause", "offset": [3017, 3035]}, {"key": "right-to-deduct", "type": "clause", "offset": [3112, 3127]}, {"key": "section-72", "type": "clause", "offset": [3207, 3218]}, {"key": "absolute-right", "type": "clause", "offset": [3257, 3271]}, {"key": "sole-discretion", "type": "definition", "offset": [3280, 3295]}, {"key": "sole-expense", "type": "definition", "offset": [3307, 3319]}, {"key": "legal-counsel", "type": "definition", "offset": [3442, 3455]}, {"key": "consent-to", "type": "definition", "offset": [3527, 3537]}, {"key": "equitable-relief", "type": "definition", "offset": [3592, 3608]}, {"key": "consent-of-the", "type": "clause", "offset": [3665, 3679]}, {"key": "the-obligation", "type": "clause", "offset": [3751, 3765]}, {"key": "each-party", "type": "definition", "offset": [3976, 3986]}, {"key": "at-all-times", "type": "clause", "offset": [4029, 4041]}, {"key": "inspection-and-copying", "type": "clause", "offset": [4131, 4153]}, {"key": "assistance-to", "type": "clause", "offset": [4222, 4235]}, {"key": "other-party", "type": "clause", "offset": [4241, 4252]}, {"key": "in-the-event-the", "type": "clause", "offset": [4282, 4298]}, {"key": "any-settlement", "type": "clause", "offset": [4371, 4385]}, {"key": "to-indemnify", "type": "clause", "offset": [4489, 4501]}, {"key": "other-liabilities", "type": "definition", "offset": [4538, 4555]}, {"key": "resulting-from", "type": "definition", "offset": [4556, 4570]}, {"key": "compromise-or-settlement", "type": "clause", "offset": [4870, 4894]}, {"key": "legal-expenses", "type": "clause", "offset": [5024, 5038]}], "snippet": "(i) Company shall defend, indemnify and hold Lincare harmless from, against, and in respect of, any and all claims, demands, lawsuits, proceedings, losses, obligations, assessments, fines, penalties, administrative or judicial orders, costs, expenses, liabilities and damages, including interest, penalties and reasonable attorneys\u2019 fees (singly the \u201cClaim\u201d and collectively the \u201cClaims\u201d) Lincare may incur from a third party, which arise or result from or relate to: (1) Company\u2019s breach of, or failure to perform, any of their respective representations, warranties, covenants, obligations, liabilities, commitments or agreements under this Agreement (including, without limitation, any misrepresentation in, or omission from, any schedule, exhibit, statement, certificate, writing, list, instrument or report or other document furnished or to be furnished pursuant to this Agreement; (2) Lincare\u2019s being required to assume or discharge any of the Excluded Liabilities or Company\u2019s operation of the Business prior to the Closing; or (3) Lincare\u2019s being required to assume or discharge by operation of law any debt, liability or obligation of Company, including, but not limited to, any liability or obligation arising under any federal, state or local bulk sales, bulk transfer or fraudulent conveyance law.\n(ii) Lincare shall defend, indemnify and hold Company harmless from, against, and in respect of, any and all Claims Company may incur from a third party, which arise or result from or relate to: (1) Lincare\u2019s breach of, or its failure to perform, any of its representations, warranties, covenants, obligations, liabilities, commitments or agreements under this Agreement (including, without limitation, any misrepresentation in, or omission from, any statement, certificate, writing, list, instrument or report or other document furnished or to be furnished pursuant to this Agreement); or (2) Company\u2019s being required to assume or discharge any of the Accepted Liabilities or Lincare\u2019s operation of the Business from and after the Closing.\n(iii) With respect to any Claim brought by a third party which may give rise to indemnification under Sections 7.1(a)(i) or (ii) of this Agreement from an indemnitor (\u201cIndemnitor\u201d) to an indemnified party (\u201cIndemnified Party\u201d), the following procedure shall be followed:\n(1) Promptly after the assertion of any Claim by a third party, the Indemnified Party shall notify the Indemnitor in writing of such Claim. The notice shall specify the facts then known to the Indemnified Party relating to the Claim and the amount or estimated amount of the liability claimed by such third party. Promptly after receipt of the written notice, the Indemnitor shall advise the Indemnified Party whether the Indemnitor intends to contest such Claim. Indemnitor and Indemnified Party agree that Indemnitor shall have the right to submit claims properly covered by liability insurance to the appropriate carrier of such insurance, and both parties agree to cooperate in such effort. Subject to Section 7.1(a)(iii)(2), if Lincare is the Indemnified Party, Lincare shall have the right to deduct the amount of the Claim plus reasonable attorneys\u2019 fees, and costs pursuant to Section 7.2 hereof.\n(2) Indemnitor shall have the absolute right, in its sole discretion and at its sole expense, to elect to defend, contest, settle or otherwise protect against any Claim or action which may give rise to a Claim with legal counsel of its own selection; provided, however, Indemnitor shall not agree or consent to any judgment or settlement that imposes injunctive or equitable relief against the Indemnified Party without the prior written consent of the Indemnified Party. The Indemnified Party shall have the right, but not the obligation, to participate, at its own expense, in the defense thereof through counsel of its own choice and shall have the right, but not the obligation, to assert any and all cross claims and counterclaims it may have. Each party shall, and shall cause its affiliates to, at all times cooperate in all reasonable ways with, make its relevant files and records available for inspection and copying by, and make its employees available or otherwise render reasonable assistance to, the other party in its defense of any Claim. In the event the Indemnified Party shall, before notice is given to the Indemnitor, make any settlement with respect to any Claim, the Indemnitor shall not be bound to such settlement and shall not be bound to indemnify for any costs, damages, expenses or other liabilities resulting from such Claim. Once notice is given to the Indemnitor, and if the Indemnitor fails timely to accept defense of the Claim, the Indemnified Party shall have the right, but not the obligation, to defend, contest, assert cross claims or counterclaims to otherwise protect against the same and may make any compromise or settlement thereof and recover and be indemnified for the entire cost thereof from the Indemnitor including, without limitation, reasonable legal expenses, disbursements and all amounts paid as a result of such matter.", "hash": "329e00980bc62ac0c0b1d75e30259ded", "id": 7}, {"samples": [{"hash": "iOhklTaJeGM", "uri": "/contracts/iOhklTaJeGM#indirect-action", "label": "Employee Matters Agreement (Ntelos Holdings Corp)", "score": 22.8398361206, "published": true}, {"hash": "fCCXXucAesx", "uri": "/contracts/fCCXXucAesx#indirect-action", "label": "Employee Matters Agreement (NTELOS Wireline One Inc.)", "score": 22.6016426086, "published": true}], "size": 2, "snippet_links": [{"key": "the-performance", "type": "clause", "offset": [79, 94]}, {"key": "all-actions", "type": "definition", "offset": [99, 110]}, {"key": "agreements-and-obligations", "type": "clause", "offset": [112, 138]}, {"key": "agreement-to-be", "type": "clause", "offset": [157, 172]}, {"key": "such-party", "type": "clause", "offset": [197, 207]}, {"key": "ntelos-group", "type": "definition", "offset": [218, 230]}, {"key": "wireline-group", "type": "definition", "offset": [238, 252]}], "snippet": "Each of NTELOS and Wireline shall cause to be performed, and hereby guarantees the performance of, all actions, agreements and obligations set forth in this Agreement to be performed indirectly by such Party or by the NTELOS Group or the Wireline Group, respectively.", "hash": "f8ff06655e490638a6adb4c3a92c159e", "id": 8}, {"samples": [{"hash": "gVjWDx075FY", "uri": "/contracts/gVjWDx075FY#indirect-action", "label": "Asset Purchase Agreement (Hydrochem Industrial Services Inc)", "score": 18.0, "published": true}], "size": 1, "snippet_links": [{"key": "a-\u2587", "type": "clause", "offset": [30, 33]}, {"key": "exhibit-b", "type": "definition", "offset": [80, 89]}, {"key": "guaranty-agreement", "type": "definition", "offset": [90, 108]}, {"key": "exhibit-c", "type": "definition", "offset": [109, 118]}, {"key": "escrow-agreement", "type": "clause", "offset": [119, 135]}, {"key": "exhibit-d", "type": "definition", "offset": [136, 145]}, {"key": "exhibit-e", "type": "definition", "offset": [163, 172]}, {"key": "amended-and-restated", "type": "definition", "offset": [196, 216]}, {"key": "asset-purchase-agreement", "type": "definition", "offset": [217, 241]}, {"key": "entered-into", "type": "clause", "offset": [303, 315]}, {"key": "day-of", "type": "clause", "offset": [330, 336]}, {"key": "september-1998", "type": "clause", "offset": [337, 351]}, {"key": "industrial-services", "type": "definition", "offset": [376, 395]}, {"key": "delaware-corporation", "type": "definition", "offset": [405, 425]}, {"key": "subsidiary-of", "type": "definition", "offset": [560, 573]}], "snippet": "59 SCHEDULES EXHIBITS EXHIBIT A \u2587\u2587\u2587\u2587 OF SALE, ASSIGNMENTANDASSUMPTION AGREEMENT EXHIBIT B GUARANTY AGREEMENT EXHIBIT C ESCROW AGREEMENT EXHIBIT D SELLER=S OPINION EXHIBIT E BUYER=S OPINION SECOND AMENDED AND RESTATED ASSET PURCHASE AGREEMENT This Second Amended and Restated Asset Purchase Agreement is entered into as of the 8th day of September 1998, by and among HydroChem Industrial Services, Inc., a Delaware corporation (\"Buyer\"), Valley Systems, Inc., a Delaware corporation (\"VSI\") and Valley Systems of Ohio, Inc. an Ohio corporation and wholly-owned subsidiary of VSI (\"Seller\").", "hash": "25c2f84f9733252fa79d214b66f50cfb", "id": 10}], "next_curs": "ClgSUmoVc35sYXdpbnNpZGVyY29udHJhY3RzcjQLEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2IhhpbmRpcmVjdC1hY3Rpb24jMDAwMDAwMGEMogECZW4YACAA", "clause": {"size": 64, "parents": [["miscellaneous", "Miscellaneous"], ["general", "General"], ["definitions", "DEFINITIONS"], ["survival-of-representations-and-warranties", "Survival of Representations and Warranties"], ["cooperation-after-the-closing", "Cooperation After the Closing"]], "title": "Indirect Action", "children": [["", ""], ["establishment-of-escrow", "ESTABLISHMENT OF ESCROW"], ["notices", "NOTICES"], ["ownership-for-tax-purposes", "OWNERSHIP FOR TAX PURPOSES"], ["claims", "CLAIMS"]], "id": "indirect-action", "related": [["court-action", "COURT ACTION", "COURT ACTION"], ["court-action-or-other-legal-processes", "Court Action or Other Legal Processes", "Court Action or Other Legal Processes"], ["no-legal-action", "No Legal Action", "No Legal Action"], ["control-ownership-legal-proceedings", "CONTROL; OWNERSHIP; LEGAL PROCEEDINGS", "CONTROL; OWNERSHIP; LEGAL PROCEEDINGS"], ["court-actions", "Court Actions", "Court Actions"]], "related_snippets": [], "updated": "2026-03-21T05:46:19+00:00", "also_ask": ["What are the strategic advantages of including or excluding an Indirect Action clause?", "Which essential elements must be drafted to ensure enforceability of Indirect Action rights?", "What are the most common risks or loopholes that undermine Indirect Action clauses?", "How do Indirect Action provisions compare across key jurisdictions or industry standards?", "What factors do courts consider when determining the validity of an Indirect Action claim?"], "drafting_tip": "Define 'indirect action' precisely to avoid ambiguity; specify prohibited behaviors to ensure enforceability; clarify exceptions to prevent unintended restrictions.", "explanation": "The Indirect Action clause defines the rights or limitations regarding actions taken by parties that are not direct but occur through intermediaries or third parties. In practice, this clause may restrict a party from causing a breach or violation of the agreement by instructing, encouraging, or enabling another person or entity to act on their behalf. For example, a party may be prohibited from circumventing contractual obligations by using affiliates or subcontractors to perform actions they are not allowed to do directly. The core function of this clause is to prevent parties from evading their responsibilities or restrictions under the contract by acting indirectly, thereby ensuring the agreement's intent is upheld."}, "json": true, "cursor": ""}}