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 Corporation 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 (2) above.

• The Corporation 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 (2) above.

• This Notice is solely to advise you of the proposed Settlement of the Derivative Action and of your rights in connection with the proposed Settlement.

• All agreements made and orders entered during the course of the Derivative Action relating to the confidentiality of information and documents shall survive this Stipulation.

• Notwithstanding Paragraph 4(a), the court in which such Derivative Action was brought may determine upon application of Indemnitee that, in view of all circumstances of the case, indemnity for amounts paid in settlement is proper and may order indemnity for the amounts so paid in settlement and for the Expenses actually and reasonably paid in connection with such application, to the extent the court deems proper.

More Definitions of Derivative Action

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 any derivative action brought by a Company stockholder.

Derivative Action means a Proceeding brought by or in the right of the Company to procure a judgment in favor of the Company.

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 the above-captioned consolidated shareholder derivative action.

Derivative Action means the shareholder derivative action pending in the Court, captioned, In re Mammoth Energy Services, Inc. Consolidated Stockholder Litigation, C.A. No. 19-1682-RGA (D. Del. 2019).

Derivative Action means the action styled Meyer, et al., v. Soon-Shiong, et al., Case No. 37-2019-00019103-CU-SL-CTL, pending in the Court.