Common use of Action for Indemnification Clause in Contracts

Action for Indemnification. To indemnify Indemnitee for any Expenses incurred by Indemnitee with respect to an action instituted by Indemnitee to enforce or interpret this Agreement if Indemnitee is not successful in such enforcement action in establishing Indemnitee’s right, in whole or in part, to indemnification or advancement of Expenses hereunder; provided that to the extent Indemnitee is successful in part and unsuccessful in part in establishing Indemnitee’s right to indemnification or advancement of Expenses hereunder, Indemnitee shall be entitled to partial indemnification of Expenses in accordance with Section 20.

Appears in 9 contracts

Samples: Sponsor Stockholders Agreement, Form of Indemnification Agreement (Fusion Connect, Inc.), Sponsor Stockholders Agreement (Denali Holding Inc.)

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