Common use of Proceedings Other Than Proceedings by or in the Right of the Company Clause in Contracts

Proceedings Other Than Proceedings by or in the Right of the Company. Indemnitee shall be entitled to the rights of indemnification provided in this Section 4 if, by reason of his Corporate Status, he is, or is threatened to be, made a party to any threatened, pending, or completed Proceeding, other than a Proceeding by or in the right of the Company. Pursuant to this Section 4, Indemnitee shall be indemnified by the Company against all Expenses and Liabilities actually and reasonably incurred by him or on his behalf in connection with a Proceeding by reason of his Corporate Status (referred to herein as “Indemnifiable Expenses” and “Indemnifiable Liabilities,” respectively, and collectively as “Indemnifiable Amounts”) unless it is established that (i) the act or omission of the Indemnitee was material to the matter giving rise to the Proceeding and (a) was committed in bad faith or (b) was the result of active and deliberate dishonesty, (ii) the Indemnitee actually received an improper personal benefit in money, property or services, or (iii) in the case of any criminal Proceeding, the Indemnitee had reasonable cause to believe that his conduct was unlawful.

Appears in 19 contracts

Samples: Indemnification Agreement (Feldman Mall Properties, Inc.), Indemnification Agreement (Maguire Properties Inc), Indemnification Agreement (Maguire Properties Inc)

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Proceedings Other Than Proceedings by or in the Right of the Company. Indemnitee shall be entitled to the rights of indemnification provided in Section 2 and this Section 4 3 if, by reason of his Corporate StatusStatus (as hereinafter defined), he is, or is threatened to bebe made, made a party to or a participant in any threatened, pending, or completed ProceedingProceeding (as hereinafter defined), other than a Proceeding by or in the right of the Company. Pursuant to this Section 43, Indemnitee shall be indemnified by the Company against shall indemnify Indemnitee against, and shall hold Indemnitee harmless from and in respect of, all Expenses Expenses, judgments, penalties, fines (including excise taxes) and Liabilities amounts paid in settlement (including all interest, assessments and other charges paid or payable in connection with or in respect of such Expenses, judgments, fines, penalties or amounts paid in settlement) actually and reasonably incurred by him or on his behalf in connection with such Proceeding or any claim, issue or matter therein, if he acted in good faith and in a Proceeding by reason of his Corporate Status (referred manner he reasonably believed to herein as “Indemnifiable Expenses” and “Indemnifiable Liabilities,” respectively, and collectively as “Indemnifiable Amounts”) unless it is established that (i) be in or not opposed to the act or omission best interests of the Indemnitee was material Company and, with respect to the matter giving rise to the Proceeding and (a) was committed in bad faith or (b) was the result of active and deliberate dishonesty, (ii) the Indemnitee actually received an improper personal benefit in money, property or services, or (iii) in the case of any criminal Proceeding, the Indemnitee had no reasonable cause to believe that his conduct was unlawful.

Appears in 3 contracts

Samples: Form of Indemnification Agreement (Synthesis Energy Systems Inc), Indemnification Agreement (Oei International Inc), Indemnification Agreement (Infohighway Communications Corp)

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Proceedings Other Than Proceedings by or in the Right of the Company. Indemnitee shall be entitled to the rights of indemnification provided in this Section 4 if, by reason of his [his/her] Corporate Status, he [he/she] is, or is threatened to be, made a party to any threatened, pending, or completed Proceeding, other than a Proceeding by or in the right of the Company. Pursuant to this Section 4, Indemnitee shall be indemnified by the Company against all Expenses and Liabilities actually and reasonably incurred by him [him/her] or on his [his/her] behalf in connection with a Proceeding by reason of his [his/her] Corporate Status (referred to herein as “Indemnifiable Expenses” and “Indemnifiable Liabilities,” respectively, and collectively as “Indemnifiable Amounts”) unless it is established that (i) the act or omission of the Indemnitee was material to the matter giving rise to the Proceeding and (a) was committed in bad faith or (b) was the result of active and deliberate dishonesty, (ii) the Indemnitee actually received an improper personal benefit in money, property or services, or (iii) in the case of any criminal Proceeding, the Indemnitee had reasonable cause to believe that his [his/her] conduct was unlawful.

Appears in 1 contract

Samples: Indemnification Agreement (Maguire Properties Inc)

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