Indemnification Period definition

Indemnification Period means the period of time during which Indemnitee shall continue to serve as a director or as an officer of the Corporation, and thereafter so long as Indemnitee shall be subject to any possible Proceeding arising out of acts or omissions of Indemnitee as a director or as an officer of the Corporation.

Indemnification Period shall have the meaning set forth in Section 9.1.

Indemnification Period shall be such period as the Indemnitee shall continue to serve as a director or officer of the General Partner, or shall continue at the request of the General Partner to serve as a director, officer, employee, trustee or agent of another corporation, partnership, joint venture, trust, nonprofit entity or other entity, and thereafter so long as the Indemnitee shall be subject to any possible Proceeding arising out of the Indemnitee’s tenure in the foregoing positions.

Examples of Indemnification Period in a sentence

• This Agreement shall continue in effect during the Indemnification Period, regardless of whether Indemnitee continues to serve as an Agent.

• This Agreement shall continue in effect during the Indemnification Period regardless of whether Indemnitee continues to serve in a Corporate Capacity.

• After the Indemnification Period, no party shall be under any obligation or liability whatsoever with respect to any such representation, warranty, covenant or agreement or any certificate in respect thereto.

• Seller shall not be obligated to make any payment for Indemnification in respect of any claims for Damages that are made by the Indemnified Party after the expiration of the Indemnification Period; provided, however, that the obligations of Seller under the Indemnification shall remain in full force and effect in respect of any claims for Damages which are made prior to, and remain pending at, the expiration of the Indemnification Period.

• No action or claim for Warranty Losses resulting from any misrepresentation or breach of warranty shall be brought or made after the Indemnification Period applicable to such representation or warranty; provided that any indemnity claim (but solely such claim) described in a Claim Notice received by the Responsible Party prior to the expiration of the applicable Indemnification Period shall survive until such claim is fully resolved.

More Definitions of Indemnification Period

Indemnification Period has the meaning set forth in Section 8.1.

Indemnification Period means the period commencing on the Closing Date and ending at the close of business on the first anniversary of the Closing Date.

Indemnification Period shall have the meaning set forth in Section 7.4(a).

Indemnification Period has the meaning set forth in Section 10.1.

Indemnification Period means the period for which Indemnitee may have any liability or potential liability by virtue of serving as a director or officer of the Company, or both, or as an Agent of the Company, including, without limitation, the final termination of all pending Proceedings in respect of which Indemnitee is granted rights of indemnification or advancement of Expenses hereunder and of any Proceeding commenced by Indemnitee pursuant to Section 9 hereof relating thereto.

Indemnification Period has the meaning set forth in Section 6.10.

Indemnification Period means the thirty-six (36) months immediately following the Closing Date, during which time the Collateral Administrator is allowed to provide a Notice of Breach or Indemnification for indemnification from the Seller with respect to a Collateral Deficiency Loss or Existing Lien Loss.