Common use of Contract Rights Clause in Contracts

Contract Rights. The rights to indemnification and to the Advancement of Expenses conferred in Sections 7.4(a) and (b) shall be contract rights and such rights shall continue as to an Indemnitee who has ceased to be a director, manager, officer, employee or agent and shall inure to the benefit of the Indemnitee’s heirs, estate, executors, administrators and legal representatives.

Appears in 9 contracts

Sources: Limited Liability Company Agreement, Limited Liability Company Agreement (Appreciate Holdings, Inc.), Business Combination Agreement (Proptech Investment Corp. Ii)

Contract Rights. The rights to indemnification and to the Advancement advancement of Expenses expenses conferred in Sections 7.4(a) Section 5.1 and (b) Section 5.2 shall be contract rights and such rights shall continue as to an Indemnitee indemnitee who has ceased to be a director, manager, officer, employee or agent and shall inure to the benefit of the Indemniteeindemnitee’s heirs, estate, executors, administrators executors and legal representativesadministrators.

Appears in 2 contracts

Sources: Sale Agreement (Qad Inc), Credit Agreement (Inamed Corp)

Contract Rights. The rights to indemnification and to the Advancement of Expenses conferred in Sections 7.4(a) and (b) shall be contract rights and such rights shall continue as to an Indemnitee who has ceased to be a director, manager, officer, employee or agent and shall inure to the benefit of the Indemnitee’s heirs, estate, executors, administrators executors and legal representativesadministrators.

Appears in 2 contracts

Sources: Unit Purchase Agreement (Boxwood Merger Corp.), Unit Purchase Agreement (Boxwood Merger Corp.)

Contract Rights. The rights to indemnification and to the Advancement of Expenses conferred in Sections 7.4(a) and (b) shall be contract rights and such rights shall continue as to an Indemnitee who has ceased to be a member, director, manager, officer, employee or agent and shall inure to the benefit of the Indemnitee’s heirs, estate, executors, administrators executors and legal representativesadministrators.

Appears in 2 contracts

Sources: Limited Liability Company Agreement (Golden Nugget Online Gaming, Inc.), Purchase Agreement (Landcadia Holdings II, Inc.)

Contract Rights. The rights to indemnification and to the Advancement of Expenses conferred in Sections 7.4(a) 1 and (b) 2 of this Article IX shall be contract rights and such rights shall continue as to an Indemnitee who has ceased to be a director, manager, officer, employee or agent and shall inure to the benefit of the Indemnitee’s heirs, estate, executors, administrators executors and legal representativesadministrators.

Appears in 2 contracts

Sources: Unit Purchase Agreement (Boxwood Merger Corp.), Merger Agreement (Fusion Telecommunications International Inc)

Contract Rights. The rights to indemnification and to the Advancement of Expenses conferred in Sections 7.4(a) 2 and (b) 3 of this ARTICLE EIGHT shall be contract rights and such rights shall continue as to an Indemnitee who has ceased to be a director, manager, officer, employee or agent and shall inure to the benefit of the Indemnitee’s heirs, estate, executors, administrators executors and legal representativesadministrators.

Appears in 1 contract

Sources: Exchange Agreement (Northern Oil & Gas, Inc.)

Contract Rights. The rights to indemnification and to the Advancement of Expenses conferred in Sections 7.4(a) 7.1 and (b) 7.2 of this Article VII shall be contract rights and such rights shall continue as to an Indemnitee who has ceased to be a director, manager, officer, employee or agent and shall inure to the benefit of the Indemnitee’s heirs, estate, executors, administrators executors and legal representativesadministrators.

Appears in 1 contract

Sources: Agreement and Plan of Merger (Fusion Telecommunications International Inc)

Contract Rights. The rights to indemnification and to the Advancement advancement of Expenses expenses conferred in Sections 7.4(a) Section 5.1 and (b) Section 5.2 shall be contract rights and such rights shall continue as to an Indemnitee indemnitee who has ceased to be a director, manager, officer, employee or agent and shall inure to the benefit of the Indemnitee’s indemnitee's heirs, estate, executors, administrators executors and legal representativesadministrators.

Appears in 1 contract

Sources: Investors' Agreement (Inland Resources Inc)

Contract Rights. The rights to indemnification and to the Advancement of Expenses conferred in Sections 7.4(a) and (b7.4(b) shall be contract rights and such rights shall continue as to an Indemnitee who has ceased to be a director, manager, officer, employee or agent and shall inure to the benefit of the Indemnitee’s heirs, estate, executors, administrators and legal representatives.

Appears in 1 contract

Sources: Limited Liability Company Agreement (Wheels Up Experience Inc.)

Contract Rights. The rights to indemnification and to the Advancement of Expenses conferred in Sections 7.4(a7.5(a), (b) and (bc) shall be contract rights and such rights shall continue as to an Indemnitee who has ceased to be a director, manager, officer, employee or agent and shall inure to the benefit of the Indemnitee’s heirs, estate, executors, administrators and legal representatives.

Appears in 1 contract

Sources: Business Combination Agreement (MDH Acquisition Corp.)

Contract Rights. The rights to indemnification and to the Advancement of Expenses conferred in Sections 7.4(a) and (b) shall be contract rights and such rights shall continue as to an Indemnitee who has ceased to be a director, managerboard observer, officer, employee or agent and shall inure to the benefit of the Indemnitee’s heirs, estate, executors, administrators executors and legal representativesadministrators.

Appears in 1 contract

Sources: Limited Liability Company Agreement (Atlas Technical Consultants, Inc.)

Contract Rights. The rights to indemnification and to the Advancement advancement of Expenses expenses conferred in Sections 7.4(a) Section 7.1 and (b) Section 7.2 shall be contract rights and such rights shall continue as to an Indemnitee indemnitee who has ceased to be a director, manager, officer, employee or agent and shall inure to the benefit of the Indemniteeindemnitee’s heirs, estate, executors, administrators executors and legal representativesadministrators.

Appears in 1 contract

Sources: Limited Liability Company Agreement

Contract Rights. The rights to indemnification and to the Advancement of Expenses conferred in Sections 7.4(a) 8.1 and (b) 8.2 of this Article VIII shall be contract rights and such rights shall continue as to an Indemnitee who has ceased to be a director, manager, officer, employee or agent and shall inure to the benefit of the Indemnitee’s heirs, estate, executors, administrators executors and legal representatives.administrators

Appears in 1 contract

Sources: Unit Purchase Agreement (Boxwood Merger Corp.)

Contract Rights. The rights to indemnification and to the Advancement of Expenses conferred in Sections 7.4(aSection 18(a) and (bSection 18(b) shall be contract rights and such rights shall continue as to an Indemnitee who has ceased to be a Member, director, manager, officerOfficer, employee or agent and shall inure to the benefit of the Indemnitee’s heirs, estate, executors, administrators executors and legal representativesadministrators.

Appears in 1 contract

Sources: Limited Liability Company Agreement (Misonix Inc)