Common use of Exculpation and Indemnification Clause in Contracts

Exculpation and Indemnification. (a) Neither the Member nor any Officer, employee or agent of the Company nor any employee, representative, agent or Affiliate of the Member (collectively, the “Covered Persons”) shall be liable to the Company or any other Person who has an interest in or claim against the Company for any loss, damage or claim incurred by reason of any act or omission performed or omitted by such Covered Person in good faith on behalf of the Company.

Appears in 24 contracts

Samples: Operating Agreement (CSE Ripon LLC), Operating Agreement (CSE Ripon LLC), Operating Agreement (CSE Ripon LLC)

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Exculpation and Indemnification. (a) Neither the Member nor any Officer, employee or agent of the Company nor any employee, representative, agent or Affiliate affiliate of the Member (collectively, the “Covered Persons”) shall be liable to the Company or any other Person person who has an interest in or claim against the Company for any loss, damage or claim incurred by reason of any act or omission performed or omitted by such Covered Person in good faith on behalf of the Company.

Appears in 21 contracts

Samples: Limited Liability Company Agreement (CSE Ripon LLC), Operating Agreement (Hot Springs Cottages Owner, LLC), Operating Agreement (Hot Springs Cottages Owner, LLC)

Exculpation and Indemnification. (a) Neither the Member nor any Officer, employee or agent of the Company nor any employee, representative, agent or Affiliate of the Member (collectively, the "Covered Persons") shall be liable to the Company or any other Person who has an interest in or claim against the Company for any loss, damage or claim incurred by reason of any act or omission performed or omitted by such Covered Person in good faith on behalf of the Company.

Appears in 10 contracts

Samples: Limited Liability Company Agreement (Hot Springs Cottages Owner, LLC), Limited Liability Company Agreement (Texas Lessor - Stonegate Limited, Inc.), Limited Liability Company Agreement (Texas Lessor - Stonegate Limited, Inc.)

Exculpation and Indemnification. (a) Neither the Member nor any Officer, employee or agent of the Company nor any employee, representative, agent or Affiliate of the Member (collectively, the “Covered Persons”) shall be liable to the Company or any other Person who has an interest in or claim against the Company for any loss, damage or claim incurred by reason of any act or omission performed or omitted by such Covered Person in good faith on behalf of the CompanyCompany and in a manner reasonably believed to be within the scope of the authority conferred on such Covered Person by this Agreement.

Appears in 2 contracts

Samples: Operating Agreement (AVH Carolinas, LLC), Operating Agreement (AVH Carolinas, LLC)

Exculpation and Indemnification. (a) Neither None of the Member nor Member(s), the Managers or any Officerofficer, employee or agent of the Company nor any employee, representative, agent or Affiliate affiliate of the Member any Member(s) (collectively, the “Covered Persons”) shall be liable to the Company or any other Person who has an interest in or claim against the Company for any loss, damage or claim incurred by reason of any act or omission performed or omitted by such Covered Person in good faith on behalf of the CompanyPerson.

Appears in 1 contract

Samples: Liability Company Agreement (Coca-Cola European Partners Us, LLC)

Exculpation and Indemnification. (a) Neither the Member nor any Officer, authorized person, employee or agent of the Company nor any employee, representative, agent or Affiliate affiliate of the Member (collectively, the "Covered Persons") shall be liable to the Company Company, or any other Person person or entity who has an interest in or claim against the Company Company, for any loss, damage or claim incurred by reason of any act or omission performed or omitted by such Covered Person in good faith on behalf of the Company.-2-

Appears in 1 contract

Samples: Limited Liability Comp Any Agreement (Rowan N-Class (Gibraltar) LTD)

Exculpation and Indemnification. (a) Neither the Member nor any Officer, employee or agent of the Company nor any employee, representative, agent or Affiliate of the Member (collectively, the “Covered Persons”) shall be liable to the Company or any other Person who has an interest in or claim against the Company for any loss, damage or claim incurred by reason of any act or omission performed or omitted by such Covered Person in good faith on behalf of the Company.. NRS VENTURES, L.L.C. - Limited Liability Company Agreement Derwent - 6.13.06

Appears in 1 contract

Samples: Limited Liability Company Agreement (OHI Asset (CT) Lender, LLC)

Exculpation and Indemnification. (a) Neither the Member Members nor any Officer, employee or agent of the Company nor any employee, representative, agent or Affiliate of the Member (collectively, the “Covered Persons”) shall be liable to the Company or any other Person who has an interest in or claim against the Company for any loss, damage or claim incurred by reason of any act or omission performed or omitted by such Covered Person in good faith on behalf of the Company.

Appears in 1 contract

Samples: Limited Liability Company Agreement (OHI Asset (FL) Lender, LLC)

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Exculpation and Indemnification. (a) Neither the Member nor any Officer, employee or agent of the Company nor any employee, representative, agent or Affiliate of the Member (collectively, the “Covered Persons”) shall be liable to the Company or any other Person who has an interest in or claim against the Company for any loss, damage or claim incurred by reason of any act or omission performed or omitted by such Covered Person in good faith on behalf of the Company.. Limited Liability Company Agreement

Appears in 1 contract

Samples: Limited Liability Company Agreement (OHI Asset (CT) Lender, LLC)

Exculpation and Indemnification. (a) Neither the Exculpation. No Member nor any Officer, employee or agent officer of the Company nor any employee, representative, agent or Affiliate of the Member (collectively, the “Covered Persons”) shall be liable to the Company Company, a Member (if more than one Member), or any other Person who has an interest in or claim against the Company for any loss, damage damage, or claim incurred by reason of any act or omission performed or omitted by such Covered Person in good faith on behalf of the CompanyCompany and in a manner reasonably believed to be within the scope of the authority conferred on such Covered Person by this Agreement.

Appears in 1 contract

Samples: Company Agreement (Meritage Homes of North Carolina, Inc.)

Exculpation and Indemnification. (a) Neither the Member nor any Officer, employee or agent of the Company nor any employee, representative, agent or Affiliate of the Member (collectively, the “Covered Persons”) shall be liable to the Company or any other Person who has an interest in or claim against the Company for any loss, damage or claim incurred by reason of any act or omission performed or omitted by such Covered Person in good faith on behalf of the Company.. OHI Asset II (FL), LLC - Limited Liability Company Agreement Derwent - 1.25.10

Appears in 1 contract

Samples: Limited Liability Company Agreement (OHI Asset (CT) Lender, LLC)

Exculpation and Indemnification. (a) Neither the Member nor any Officer, employee or agent of the Company nor any employee, representative, agent or Affiliate of the Member (collectively, the “Covered Persons”) shall be liable to the Company or any other Person who has an interest in or claim against the Company for any loss, damage or claim incurred by reason of any act or omission performed or omitted by such Covered Person in good faith on behalf of the Company.. OHl Asset (CO), LLC - Limited Liability Company Agreement Derwent - 3.07.06

Appears in 1 contract

Samples: Limited Liability Company Agreement (OHI Asset (CT) Lender, LLC)

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