ARTICLE VII definition

ARTICLE VII. Insolvency", hereby amended by deleting said Article in its entirety, and replacing it with the following new Article VII:

ARTICLE VII. MEANS OF EXECUTION OF THIS PLAN, CREATION OF THE CREDITORS TRUST, PROSECUTION OF CAUSES OF ACTION, AND DISTRIBUTION OF ANY CASH, TRUST ASSETS AND LITIGATION PROCEEDS

ARTICLE VII. MEANS FOR IMPLEMENTATION OF THE PLAN

Examples of ARTICLE VII in a sentence

• Any amendment, alteration or repeal of this ARTICLE VII that adversely affects any right of an indemnitee or its successors shall be prospective only and shall not limit, eliminate, or impair any such right with respect to any proceeding involving any occurrence or alleged occurrence of any action or omission to act that took place prior to such amendment or repeal.

• All rights to indemnification under this ARTICLE VII shall be deemed to be a contract between the Corporation and each director or officer of the Corporation who serves or served in such capacity at any time while this ARTICLE VII is in effect.

• Persons who after the date of the adoption of this provision become or remain directors or officers of the Corporation or who, while a director or officer of the Corporation, become or remain a director, officer, employee or agent of a subsidiary, shall be conclusively presumed to have relied on the rights to indemnity, advance of expenses and other rights contained in this ARTICLE VII in entering into or continuing such service.

• The rights to indemnification and to the advance of expenses conferred in this ARTICLE VII shall not be exclusive of any other right which any person may have or hereafter acquire under the Certificate of Incorporation or under any statute, by-law, agreement, vote of stockholders or disinterested directors or otherwise.

• Any repeal or modification of this ARTICLE VII or repeal or modification of relevant provisions of the DGCL or any other applicable laws shall not in any way diminish any rights to indemnification and advancement of expenses of such director or officer or the obligations of the Corporation arising hereunder with respect to any proceeding arising out of, or relating to, any actions, transactions or facts occurring prior to the final adoption of such repeal or modification.

More Definitions of ARTICLE VII

ARTICLE VII. REPRESENTATIONS AND WARRANTIES OF MATRIX CAPITAL BANK........19 ARTICLE VIII:

ARTICLE VII. Means of Execution and Implementation of the Plan

ARTICLE VII. MEANS FOR EXECUTION OF PLAN

ARTICLE VII. Licensee's Warranties.........................................18 Article VIII: Taxes.........................................................19 Article IX: Uncontrollable Events.........................................19 Article X: Title to Licensor Database and Information....................19 Article XI: Restrictions..................................................20 11.0 Statutory and Other Restrictions on Use.....................20 11.1

ARTICLE VII. NOTEHOLDERS' LISTS AND REPORTS..................................42 SECTION 7.1 Issuer To Furnish Indenture Trustee Names and Addresses of Noteholders.........................42 SECTION 7.2 Preservation of Information, Communications to Noteholders...42 SECTION 7.3 Reports by Issuer............................................42 SECTION 7.4 Reports by Trustee...........................................43

ARTICLE VII title":"MISCELLANEOUS","isEmpty":true,"isDefinition":false,"parents":[],"childs":[],"csspaths":["div:nth-of-type(1)>p:nth-of-

ARTICLE VII. Officers Section 1: Composition: Separation of Secretary and Treasurer positions: