Limitation on Indemnification. Notwithstanding Section 7(a) to the contrary, the Company shall not provide for indemnification of the Indemnified Parties for any liability or loss suffered by the Indemnified Parties, nor shall the Company provide that any of the Indemnified Parties be held harmless for any loss or liability suffered by the Company, unless all of the following conditions are met:
Appears in 14 contracts
Samples: And Restated Agreement and Plan of Merger (Medley Capital Corp), Agreement and Plan of Merger (Sierra Income Corp), Agreement and Plan of Merger (Medley Capital Corp)
Limitation on Indemnification. Notwithstanding Section 7(a8(a) to the contrary, the Company shall not provide for indemnification of the Indemnified Parties for any liability or loss suffered by the Indemnified Parties, nor shall the Company provide that any of the Indemnified Parties be held harmless for any loss or liability suffered by the Company, unless all of the following conditions are met:
Appears in 9 contracts
Samples: Investment Advisory Agreement (Griffin-Benefit Street Partners BDC Corp.), Investment Advisory Agreement (Griffin-Benefit Street Partners BDC Corp.), Investment Advisory Agreement (VII Peaks-KBR Co-Optivist Income BDC II, Inc.)
Limitation on Indemnification. Notwithstanding Section 7(a10(a) to or Section 10(b), the contrary, Manager and its subsidiaries and the Company shall not provide for indemnification of the Indemnified Parties for any liability or loss suffered by the Indemnified Parties, nor shall the Manager or its subsidiaries or the Company provide that any of the Indemnified Parties be held harmless for any loss or liability suffered by the Manager and its subsidiaries or the Company, unless all of the following conditions are met:
Appears in 3 contracts
Samples: Sub Management Agreement, Sub Management Agreement (CNL Strategic Capital, LLC), Sub Management Agreement (CNL Strategic Capital, LLC)
