Improper Personal Benefit. With respect to any proceeding charging improper personal benefit to the Indemnitee, whether or not involving action in the Indemnitee's official capacity, in which the Indemnitee was adjudged to be liable on the basis that personal benefit was improperly received.
Appears in 2 contracts
Sources: Indemnification Agreement (Neuberger Berman Real Estate Income Fund Inc), Indemnification Agreement (Neuberger Berman Real Estate Income Fund Inc)