Internal corporate claim definition

Internal corporate claim means, for the purposes of
Sample 1Sample 2Sample 3
Internal corporate claim means a claim, including a claim brought by or in the right of a corporation:
Sample 1Sample 2Sample 3
Internal corporate claim means a claim, including a claim brought by or in the right of a corporation: (a) based on an alleged breach by a director, an officer or a stockholder of a duty owed to the corporation or to the stockholders or breach by a director of a standard of conduct applicable to the director; (b) arising under the MGCL; or (c) arising under the charter or bylaws of the corporation.
Sample 1Sample 2Sample 3

Examples of Internal corporate claim in a sentence

  • Notwithstanding anything herein to the contrary, with respect to any Internal Corporate Claim, this Agreement shall be deemed governed by Delaware law and such Internal Corporate Claim shall be brought exclusively in the Court of Chancery of the State of Delaware.


More Definitions of Internal corporate claim

Internal corporate claim means any claim (a) to apply, enforce or determine the validity of the provisions of this Agreement or the Tax Matters Agreement to the extent such application, enforcement or determination of validity is relevant to the application, enforcement or determination of any provision of the Centuri Certificate of Incorporation or Centuri Bylaws or (b) governed by the internal affairs doctrine.
Sample 1Sample 2
Internal corporate claim means, for the purposes of this section, (i) any claim that is based upon a violation of a duty under the laws of this state by a current or former director, officer, or shareholder in such capacity, (ii) any derivative action or proceeding brought on behalf of the corporation, (iii) any action asserting a claim arising pursuant to any provision of this Act or the articles of incorporation or bylaws, or (iv) any action asserting a claim governed by the internal affairs doctrine that is not included in (i) through (iii) above.
Sample 1Sample 2
Internal corporate claim means, for the purposes of this section, any of the following:
Sample 1Sample 2
Internal corporate claim means a claim, including claims in the right of the corporation, that are based upon a violation of a duty by a current or former director or officer or shareholder in such capacity.
Sample 1Sample 2
Internal corporate claim means, for the purposes of this section:
Sample 1

Related to Internal corporate claim

  • internal waters means any navigable river or waterway within the State of California.

  • Internal Control Event means a material weakness in, or fraud that involves management or other employees who have a significant role in, the Borrower’s internal controls over financial reporting, in each case as described in the Securities Laws.