OCL definition
Examples of OCL in a sentence
Subject to the terms and conditions of this Agreement, it is the intent of this Agreement to secure for the Executive Officer rights of indemnity that are as favorable as may be permitted under the OCL and public policy of the State of Ohio.
At Oasis Community Learning all authorised users of the OCL IT systems have to sign a User Agreement.
State Auto shall indemnify the Executive Officer to the maximum extent permitted by the OCL in effect on the date of this Agreement, and as the OCL may be hereafter amended from time to time (but, in the case of any such amendment, only to the extent the amendment permits State Auto to provide broader indemnification rights and protection than the OCL permitted State Auto to provide before the amendment), by reason of the Executive Officer serving as a Corporate Fiduciary (as defined in Section 19).
To the extent that a change in the OCL, whether by statute or judicial decision, permits greater indemnification than would be afforded currently under the Regulations and this Agreement, it is the intent of the parties to this Agreement that the Executive Officer shall enjoy by this Agreement the greater benefits so afforded by such change.
Without limiting the generality of the foregoing, this Agreement is intended to confer upon the Executive Officer indemnification rights to the fullest extent permitted by the OCL.