Future Laws. The extent future enactments or judicial decisions permit an expansion of the rights of indemnification afforded to the Related Parties by the Company, then it is the Members' express intention and agreement that Article XI immediately and automatically be deemed to be amended so as to permit and authorize the indemnification of the Related Parties by the Company to the maximum extent permitted by law.
Appears in 2 contracts
Sources: Operating Agreement (News Communications Inc), Operating Agreement (Hollinger Nci Holdings LLC)
Future Laws. The To the extent future enactments or judicial decisions permit an expansion of the rights of indemnification afforded to the Related Parties by the Company, then it is the Members' β express intention and agreement that this Article XI X immediately and automatically be deemed to be amended so as to permit and authorize the indemnification of the Related Parties by the Company to the maximum extent permitted by law.
Appears in 1 contract
Sources: Limited Liability Company Agreement (FC Global Realty Inc)