Liability Indemnification definition

Liability Indemnification. Any past, present or future duly elected or appointed Directors or Officers of the Prudential. This definition is further amended to include the positions of Managing Director, Trustee, Committee Member and employees at level 78 or its investment equivalent, level 54 and those employees with functionally equivalent responsibilities. Coverage is also extended (on an excess basis) for certain individuals serving as directors of an outside organization at Prudential's request. Contact Risk Management for details concerning coverage applicability for outside directorships. TERRITORY --------- Worldwide COVERAGE DESCRIPTION -------------------- Covers insureds against claims arising from actual or alleged "Wrongful Acts" - (i.e., any act, error, misstatement, misleading statement, breach of duty, neglect, etc.) committed or attempted by an Insured Person while acting in his or her Insured Capacity. D&O Insurance is written on a "claims made" policy form with aggregate limits for the policy period. INSURANCE CARRIERS* -------------------
Sample 1

Examples of Liability Indemnification in a sentence

  • E.g. Articles outlining Liability & Indemnification and Security (VIII & IX).

  • All participants must complete and sign the Player Waiver, Release of Liability & Indemnification Agreement before they will be allowed to participate in the league.

  • Assumption of Risk, Release, Waiver of Liability & Indemnification Agreement By signing this, participant understands and agrees that participation in any and all sports activities, including the use of property, facilities, equipment and/or services at Monroe Community College (MCC) is strictly voluntary.

  • Release of Liability & Indemnification Agreement: You are responsible for the safety of yourself, your children (if any), and all guests in your party.

  • Because the parties’ briefs set out the facts and legal issues at length, we do not review them in detail here.Plaintiffs contend they are entitled to coverage under the Investment Advisor Errors & Omission Liability (“E&O”) and Executive Liability & Indemnification (“D&O”) binders issued by defendant Federal Insurance Company.

  • Release of Liability & Indemnification The Release of Liability and Indemnification can be found on the team website and registration site and must be signed by all families joining Paseo Aquatics.

  • This Release of Liability & Indemnification Agreement shall be binding to the fullest extent permitted by law.

  • Any player who knowingly falsifies the Player Waiver, Release of Liability & Indemnification Agreement will be suspended from the program he is participating in for a three (3) week period.

  • Section 54.4, Schedule 3, states: Use of Building or SiteTotal Floor Area of BuildingMinimum Number of loading Spaces Required1.

  • Letter dated June 23, 2004 from Mr. James Ellison, IP-Pine Bluff, to Ms. Alison House, ADEQ.

Related to Liability Indemnification

  • Indemnification Cap has the meaning set forth in Section 9.3(a).

  • Indemnification Obligations means each of the Debtors’ indemnification obligations in place as of the Effective Date, whether in the bylaws, certificates of incorporation or formation, limited liability company agreements, other organizational or formation documents, board resolutions, management or indemnification agreements, or employment or other contracts, for their current and former directors, officers, managers, members, employees, attorneys, accountants, investment bankers, and other professionals and agents of the Debtors.

  • Indemnification Obligation means any existing or future obligation of any Debtor to indemnify current and former directors, officers, members, managers, agents or employees of any of the Debtors who served in such capacity, with respect to or based upon such service or any act or omission taken or not taken in any of such capacities, or for or on behalf of any Debtor, whether pursuant to agreement, the Debtors’ respective memoranda, articles or certificates of incorporation or formation, corporate charters, bylaws, operating agreements, limited liability company agreements, or similar corporate or organizational documents or other applicable contract or law in effect as of the Effective Date, excluding any obligation to indemnify any of the foregoing parties with respect to any act or omission for or on behalf of the Debtors arising out of any act or omission determined by a Final Order to constitute actual fraud, willful misconduct, or gross negligence.

  • Company Indemnified Persons has the meaning set forth in Section 5(a).

  • Company Indemnified Party has meaning set forth in Section 8(b) hereof.

  • Company Indemnified Parties has the meaning specified in Section 7.8(a).

  • Company Indemnitees shall have the meaning set forth in Section 5.02.

  • Company Indemnified Person means (a) any Administrator; (b) any Affiliate of any Administrator; (c) any officers, directors, shareholders, members, partners, employees, representatives or agents of any Administrator; or (d) any officer, employee or agent of the Trust or its Affiliates.

  • D&O Indemnified Parties shall have the meaning set forth in Section 6.6(a).

  • Indemnification Claim has the meaning set forth in Section 10.3.

  • Indemnification means an agreement of indemnity or a release from liability where the intent or effect is to shift or limit in any manner the potential liability of the person or firm for failure to adhere to applicable auditing or professional standards, whether or not resulting in part from knowing of other misrepresentations made by the insurer or its representatives.

  • Indemnification Threshold has the meaning set forth in Section 11.5.

  • Seller Indemnified Persons has the meaning set forth in Section 8.3.

  • Indemnification Claim Notice has the meaning set forth in Section 11.3.

  • Seller Indemnified Party has the meaning set forth in Section 7.2.

  • Indemnified Parties has the meaning set forth in Section 8.2.

  • Seller Indemnified Parties has the meaning set forth in Section 8.1.

  • D&O Indemnified Party has the meaning set forth in Section 5.8(a).

  • Buyer Indemnified Party has the meaning set forth in Section 8.2.

  • Buyer Indemnified Persons has the meaning set forth in Section 8.2.

  • Buyer Indemnified Parties has the meaning set forth in Section 8.2.

  • Jointly Indemnifiable Claims shall be broadly construed and shall include, without limitation, any claim, demand, action, suit or proceeding for which the Covered Person shall be entitled to indemnification or advancement of Expenses from both (i) the Company and/or any Controlled Entity pursuant to the Indemnification Sources, on the one hand, and (ii) any Indemnitee-Related Entity pursuant to any other agreement between any Indemnitee-Related Entity and the Covered Person pursuant to which the Covered Person is indemnified, the laws of the jurisdiction of incorporation or organization of any Indemnitee-Related Entity and/or the certificate of incorporation, certificate of organization, bylaws, partnership agreement, operating agreement, certificate of formation, certificate of limited partnership or other organizational or governing documents of any Indemnitee-Related Entity, on the other hand.

  • Seller Indemnitees has the meaning set forth in Section 8.03.

  • Indemnity Obligations means all obligations of the Company to Indemnitee under this Agreement, including the Company’s obligations to provide indemnification to Indemnitee and advance Expenses to Indemnitee under this Agreement.

  • Company Indemnitee has the meaning set forth in Section 7.2(b).

  • Buyer Indemnitees has the meaning set forth in Section 8.02.