Plea of Nolo Contendere Clause Samples

A Plea of Nolo Contendere, also known as a "no contest" plea, allows a defendant in a criminal case to accept conviction without admitting guilt. In practice, this plea enables the defendant to avoid a formal admission of wrongdoing, which can be beneficial if there are related civil lawsuits, as the plea generally cannot be used as evidence of liability in those proceedings. The core function of this clause is to provide defendants with a way to resolve criminal charges while minimizing potential repercussions in subsequent legal actions.
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Plea of Nolo Contendere. The termination of any action, suit or proceeding by judgment, order, settlement, conviction, or upon a plea of nolo contendere or its equivalent, shall not, of itself, create a presumption that Indemnitee did not act in good faith and in a manner that Indemnitee reasonably believed to be in or not opposed to the best interests of the Company, and, with respect to any criminal action or proceeding, had reasonable cause to believe that Indemnitee’s conduct was unlawful.
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Plea of Nolo Contendere. The termination of any Claim by judgment, order, settlement (whether with or without court approval) or conviction, or upon a plea of nolo contendere or its equivalent, shall not affect adversely either the right of Indemnitee to indemnification under this Agreement or the presumptions to which Indemnitee is otherwise entitled pursuant to the provisions of this Agreement nor create a presumption that Indemnitee did not meet any particular standard of conduct or have a particular belief or that a court has determined that indemnification is not permitted by applicable law.
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Plea of Nolo Contendere. The termination of any such action, suit or proceeding which is covered by this Agreement by judgment, order, settlement or conviction, or upon a plea of nolo contendere or its equivalent, shall not of itself create a presumption for the purposes of this agreement that INDEMNITEE did not act in good faith and in a manner, which he reasonably believed to be in or not opposed to the best interests of the COMPANY or any of its Affiliates and, with respect to any criminal action or proceeding, had reasonable cause to believe that his conduct was unlawful.
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Related to Plea of Nolo Contendere

  • No Felony Criminal Convictions Contractor represents that neither Contractor nor any of its employees, agents, or representatives, including any subcontractors and employees, agents, or representative of such subcontractors, have been convicted of a felony criminal offense or that if such a conviction has occurred Contractor has fully advised System Agency in writing of the facts and circumstances surrounding the convictions.

  • Criminal Convictions Grantee certifies that neither it nor any officer, director, partner or other managerial agent of Grantee has been convicted of a felony under the ▇▇▇▇▇▇▇▇-▇▇▇▇▇ Act of 2002, nor a Class 3 or Class 2 felony under Illinois Securities Law of 1953, or that at least five (5) years have passed since the date of the conviction. Grantee further certifies that it is not barred from receiving an Award under 30 ILCS 500/50-10.5, and acknowledges that Grantor shall declare the Agreement void if this certification is false (30 ILCS 500/50-10.5).

  • Dishonesty Drinking alcoholic beverages on the job, or reporting for work while intoxicated.

  • Offences 46.1. The Contractor must not commit or attempt to commit any offence: 46.1.1. under the ▇▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇; 46.1.2. of fraud, uttering, or embezzlement at common law; or 46.1.3. of any other kind referred to in regulation 58(1) of the Public Contracts (Scotland) Regulations 2015. 46.2. Breach of clause 46.1 is a material breach for the purposes of clause 42 (Termination Rights).

  • Indictment The indictment or institution of any legal process or proceeding against, any Loan Party or any Subsidiary thereof, under any federal, state, municipal, and other criminal statute, rule, regulation, order, or other requirement having the force of law for a felony; or