Effect of Other Proceedings. The termination of any Proceeding or of any claim, issue or matter therein, by judgment, order, settlement or conviction, upon a plea of nolo contendere or its equivalent, or entry of an order of probation prior to judgment, does not create a presumption that the Indemnitee did not meet the requisite standard of conduct described herein for indemnification.
Appears in 8 contracts
Sources: Indemnification Agreement (Industrial Property Trust), Indemnification Agreement (Industrial Logistics Realty Trust Inc.), Indemnification Agreement (Logistics Property Trust Inc.)
Effect of Other Proceedings. The termination of any Proceeding or of any claim, issue or matter therein, by judgment, order, settlement or conviction, or upon a plea of nolo contendere no contest or its equivalentan equivalent plea, or entry of an order of probation prior to judgmentshall not, does not by itself, create a presumption that the Indemnitee did indemnification is not meet the requisite standard of conduct described herein for indemnificationrequired hereunder.
Appears in 2 contracts
Sources: Indemnification Agreement (Actuant Corp), Indemnification Agreement (Actuant Corp)
Effect of Other Proceedings. The termination of any Proceeding or of any claim, issue or matter therein, by judgment, order, settlement or settlement, conviction, upon a plea of nolo contendere or its equivalent, or an entry of an order of probation prior to judgment, does not create a presumption that the Indemnitee did not meet the requisite standard of conduct described herein for indemnification.
Appears in 1 contract
Sources: Indemnification Agreement (Boston Capital Real Estate Investment Trust Inc)