Common use of Permissive Indemnification Clause in Contracts

Permissive Indemnification. Except as otherwise provided in this Section 7.5, the Company shall indemnify each Member or officer and may indemnify such employee or agent against expenses, including attorneys fees, judgments, penalties, fines and amounts paid in settlement actually and reasonably incurred by such person in connection with the action, suit or

Appears in 2 contracts

Sources: Limited Liability Company Agreement (ET Wayne Finance, L.L.C.), Limited Liability Company Agreement (ET Wayne Finance, L.L.C.)