Common use of Survival of Indemnification and Advancement of Expenses Clause in Contracts

Survival of Indemnification and Advancement of Expenses. The indemnification and advancement of expenses provided by, or granted pursuant to, this Section 5.7 shall continue as to a Person who has ceased to be a Director, officer, employee or representative of the Company or Member and shall inure to the benefit of the heirs, executors and administrators of such Person. The provisions of this Section 5.7 shall survive any termination of this Agreement.

Appears in 2 contracts

Sources: Merger Agreement (Enpro Industries, Inc), Securities Purchase Agreement (Enpro Industries, Inc)

Survival of Indemnification and Advancement of Expenses. The indemnification and advancement of expenses provided by, or granted pursuant to, this Section 5.7 6.5 shall continue as to a Person person who has ceased to be the Manager or a Director, officer, employee or representative of the Company or Member and shall inure to the benefit of the heirs, executors and administrators of such Person. The provisions of this Section 5.7 shall survive any termination of this Agreementa person.

Appears in 1 contract

Sources: Operating Agreement (Kb Home)