Derivative Action definition
Derivative Action means any Action brought by or in the right of the Corporation and/or an Affiliate.
Derivative Action means any Action brought by or in the right of the Company and/or an Affiliate.
Derivative Action means an Eligible Proceeding by or on behalf of the Company or any Associated Corporation brought against the Indemnified Party.
Examples of Derivative Action in a sentence
The Company shall not be entitled to assume the defense of any Derivative Action or any Action as to which the Executive shall have made the conclusion provided for in clause (ii) above.
More Definitions of Derivative Action
Derivative Action means any derivative action brought by a Company stockholder.
Derivative Action means any civil proceeding against a Manager for a Wrongful Act of such Manager made on behalf of, or in the name or the right of, an Insured Entity by any security holders of such Insured Entity, in their capacity as such, if such proceeding is made without the assistance, participation or solicitation of any Manager.
Derivative Action means the consolidated derivative action captioned In re Clear Channel Outdoor Holdings, Inc. Derivative Litigation, C.A. No. 7315-CS, in the Delaware Court of Chancery.
Derivative Action means an action on behalf of an entity to enforce a claim that the entity could assert;
Derivative Action means any threatened, pending or completed action or suit by the Corporation to produce a judgment in favor of its shareholders, or any threatened, pending or completed action or suit in the right of the Corporation by its shareholders to procure a judgment in favor of the Corporation.
Derivative Action means a Proceeding brought by a shareholder of the Company in the name or right of the Company or its shareholders (generally) under an applicable exception to the rule in ▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇ (or the equivalent or similar action in any jurisdiction outside Bermuda in relation to any Proceeding).
Derivative Action means any action or suit by or in the right of the Corporation to procure a judgment in its favor;