Common use of Failure to Act Not a Defense Clause in Contracts

Failure to Act Not a Defense. The failure of the Company (including its Board of Directors or any committee thereof, independent legal counsel, or

Appears in 3 contracts

Sources: Indemnification Agreement (Salary. Com, Inc.), Indemnification Agreement (Harvard Bioscience Inc), Executive Officer Indemnification Agreement (Susa Partnership Lp)

Failure to Act Not a Defense. The failure of the Company (including its Board of Directors or any committee thereof, independent legal counsel, oror stockholders)

Appears in 1 contract

Sources: Director and Officer Indemnification Agreement (Rexnord Corp)