Scope of Indemnity. For the purposes of this Article VII, references to the “Company” include all constituent entities, whether corporations or otherwise, absorbed in a consolidation or merger as well as the resulting or surviving entity. Thus, any Person entitled to be indemnified or receive advances under this Article VII shall stand in the same position under the provisions of this Article VII with respect to the resulting or surviving entity as he would have if such merger, consolidation, or other reorganization never occurred.
Appears in 11 contracts
Samples: Limited Liability Company Agreement (GMX Resources Inc), Limited Liability Company Agreement, Limited Liability Company Agreement (Vine Resources Inc.)
Scope of Indemnity. For the purposes of this Article VIIVIII, references to the “"Company” " include all constituent entities, whether corporations or otherwise, absorbed in a consolidation or merger as well as the resulting or surviving entity. Thus, any Person entitled to be indemnified or receive advances under this Article VII VIII shall stand in the same position under the provisions of this Article VII VIII with respect to the resulting or surviving entity as he would have if such merger, consolidation, or other reorganization never occurred.
Appears in 4 contracts
Samples: Limited Liability Company Agreement (El Paso Energy Partners Lp), Limited Liability Company Agreement (El Paso Energy Partners Lp), Limited Liability Company Agreement (El Paso Energy Partners Lp)
Scope of Indemnity. For the purposes of this Article VII, references to the “Company” ’ include all constituent entities, whether corporations or otherwise, absorbed in a consolidation or merger as well as the resulting or surviving entity. Thus, any Person entitled to be indemnified or receive advances under this Article VII shall stand in the same position under the provisions of this Article VII with respect to the resulting or surviving entity as he would have if such merger, consolidation, or other reorganization never occurred.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (SilverSun Technologies, Inc.), Limited Liability Company Agreement (SilverSun Technologies, Inc.)
Scope of Indemnity. For the purposes of this Article VII4, references to the “Company” include all constituent entities, whether corporations or otherwise, absorbed in a consolidation or merger as well as the resulting or surviving entity. Thus, any Person entitled to be indemnified or receive advances under this Article VII 4 shall stand in the same position under the provisions of this Article VII 4 with respect to the resulting or surviving entity as he would have if such merger, consolidation, or other reorganization never occurred.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Green Plains Partners LP), Limited Liability Company Agreement (Delek Logistics Partners, LP)
Scope of Indemnity. For the purposes of this Article VIIVIII, references to the “Company” include all constituent entities, whether corporations or otherwise, absorbed in a consolidation or merger as well as the resulting or surviving entity. Thus, any Person entitled to be indemnified for whom indemnity or receive advances are available under this Article VII shall VIII will stand in the same position under the provisions of this Article VII VIII with respect to the resulting or surviving entity as he would have if such merger, consolidation, or other reorganization never occurred.
Appears in 1 contract
Samples: Performance Guaranty Agreement (Teppco Partners Lp)
Scope of Indemnity. For the purposes of this Article VII9, references to the “Company” include all constituent entities, whether corporations or otherwise, absorbed in a consolidation or merger as well as the resulting or surviving entity. Thus, any Any Person entitled to be indemnified or receive advances under this Article VII 9 shall stand in the same position under the provisions of this Article VII 9 with respect to the resulting or surviving entity as he or she would have if such merger, consolidation, or other reorganization never occurred.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Applied Blockchain, Inc.)
Scope of Indemnity. For the purposes of this Article VII7, references to the “Company” include all constituent entities, whether corporations or otherwise, absorbed in a consolidation or merger as well as and the resulting or surviving entity. Thus, any Any Person entitled to be indemnified or receive advances under this Article VII shall 7 will stand in the same position under the provisions of this Article VII with respect to 7 regarding the resulting or surviving entity as he or she would have if such the merger, consolidation, or other reorganization never occurred.
Appears in 1 contract
