Common use of Statutory Liability Clause in Contracts

Statutory Liability. Without limiting the generality of the provisions of Section 1.01, the parties acknowledge that the scope of the Claims to which the indemnity provided in such Section applies includes all Claims that relate to or arise from statutory liability imposed on the Indemnitee as a director or officer of the Companies.

Statutory Liability. Without limiting the generality of the provisions of Section 1.012.01 or 2.02, the parties acknowledge that the scope of the Claims to which the indemnity and exclusion of liability provided in such Section applies Sections apply includes all Claims that relate to or arise from statutory liability imposed on the Indemnitee Appointee as a director or officer of the Companies.