D&O Provisions definition
Examples of D&O Provisions in a sentence
In furtherance of the foregoing, Buyer shall cause the Business Companies to honor and fulfill, in all respects, the obligations of the Business Companies with respect to indemnification or advancement of expenses pursuant to any D&O Provisions without termination, revocation, amendment or other modification that would adversely affect the rights thereunder of any D&O Indemnified Party.
Parent agrees to satisfy any obligations of the Company or the Company Subsidiaries to the Indemnified Persons under the D&O Provisions to the extent the Company or Company Subsidiary, as applicable, fails to fulfill any such obligation.
The rights of ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ hereunder shall be in addition to, and not in limitation of, any other rights such person may have under the D&O Provisions, any other indemnification arrangement, any legal requirement or otherwise.
For a period of six years following the Closing Date, no amendment or modification to any such D&O Provisions shall affect in any manner the Indemnified Persons’ rights, or any Group Company’s or MDH’s obligations, with respect to claims arising from facts or events that occurred on or before the Closing.