Security Clause Example with 19 Variations from Business Contracts

This page contains Security clauses in business contracts and legal agreements. An example clause is provided at the top of the page, followed by clauses with minor variations. You can view the text differences by selecting the "Show Differences" option.
Security. To the extent requested by Indemnitee and approved by the Board, the Company may at any time and from time to time provide security to Indemnitee for the Company's obligations hereunder through an irrevocable bank line of credit, funded trust or other collateral. Any such security, once provided to Indemnitee, may not be revoked or released without the prior written consent of the Indemnitee 12. Enforcement. (a) The Company expressly confirms and agrees that it has entered into this Agreement an...d assumes the obligations imposed on it hereby in order to induce Indemnitee to serve as an officer or director of the Company, and the Company acknowledges that Indemnitee is relying upon this Agreement in serving as an officer or director of the Company. (b) This Agreement constitutes the entire agreement between the parties hereto with respect to the subject matter hereof and supersedes all prior agreements and understandings, oral, written and implied, between the parties hereto with respect to the subject matter hereof. (c) The Company shall not seek from a court, or agree to, a "bar order" which would have the effect of prohibiting or limiting the Indemnitee's rights to receive advancement of expenses under this Agreement. View More

Variations of a "Security" Clause from Business Contracts

Security. To the extent requested by Indemnitee and approved by the Board, the Company may at any time and from time to time provide security to Indemnitee for the Company's obligations hereunder through an irrevocable bank line of credit, funded trust or other collateral. Any such security, once provided to Indemnitee, may not be revoked or released without the prior written consent of the Indemnitee Indemnitee. 12 14. Enforcement. (a) The Company expressly confirms and agrees that it has entered into th...is Agreement and assumes the obligations imposed on it hereby in order to induce Indemnitee to serve as an officer or director of the Company, and the Company acknowledges that Indemnitee is relying upon this Agreement in serving as an officer or director of the Company. Indemnitee acknowledges that in certain instances, applicable law (including, without limitation, federal securities laws, the Employee Retirement Security Act of 1974 and other federal laws that may preempt or override applicable state law) or public policy may prohibit the Company from indemnifying Indemnitee under this Agreement or otherwise. Nothing herein shall be construed to provide indemnification where such indemnification is prohibited as described in the preceding sentence. (b) This Agreement constitutes the entire agreement between the parties hereto with respect to the subject matter hereof and supersedes all prior agreements and understandings, oral, written and implied, between the parties hereto with respect to the subject matter hereof. (c) The Company shall not seek from a court, or agree to, a "bar order" which would have the effect of prohibiting or limiting the Indemnitee's rights to receive advancement of expenses under this Agreement. View More
Security. To the extent requested by Indemnitee and approved by the Board, the Company may at any time and from time to time provide security to Indemnitee for the Company's obligations hereunder through an irrevocable bank line of credit, funded trust or other collateral. Any such security, once provided to Indemnitee, may not be revoked or released without the prior written consent of the Indemnitee Indemnitee. 12. Enforcement. (a) ENFORCEMENT. The Company expressly confirms and agrees that it has enter...ed into this Agreement and assumes the obligations imposed on it hereby in order to induce Indemnitee to serve as an officer or director manager of the Company, and the Company acknowledges that Indemnitee is relying upon this Agreement in serving as an officer or director manager of the Company. (b) This Agreement constitutes the entire agreement between the parties hereto with respect to the subject matter hereof and supersedes all prior agreements and understandings, oral, written and implied, between the parties hereto with respect to the subject matter hereof. (c) The Company shall not seek from a court, or agree to, a "bar order" which that would have the effect of prohibiting or limiting the Indemnitee's rights to receive advancement of expenses Expenses under this Agreement. View More
Security. To the extent requested by the Indemnitee and approved by the Board, the Company may at any time and from time to time provide security to the Indemnitee for the Company's obligations hereunder through an irrevocable bank line of credit, funded trust credit or other collateral. Any such security, once provided to the Indemnitee, may not be revoked or released without the prior written consent of the Indemnitee Indemnitee. 12 13. Enforcement. (a) The Company expressly confirms and agrees that it ...has entered into this Agreement and assumes the obligations imposed on it hereby in order to induce the Indemnitee to serve as an [an officer or director / a director] of the Company, and the Company acknowledges that the Indemnitee is relying upon this Agreement in serving as an officer or director such Enterprise Fiduciary of the Company. (b) This Agreement constitutes and the Organizational Documents constitute the entire agreement between the parties hereto with respect to the subject matter hereof and supersedes supersede all prior agreements and understandings, oral, written and implied, between the parties hereto with respect to the subject matter hereof. (c) The Company shall not seek from a court, or agree to, a "bar order" which would have the effect of prohibiting or limiting the Indemnitee's rights to receive advancement of expenses under this Agreement. View More
Security. To the extent reasonably requested by Indemnitee and approved by the Board, the Company may at any time and from time to time provide security to Indemnitee for the Company's obligations hereunder through an irrevocable bank line of credit, funded trust or other collateral. Any such security, once provided to Indemnitee, may not be revoked or released without the prior written consent of the Indemnitee 12. Indemnitee, not to be unreasonably withheld. 8 13. Enforcement. (a) The Company expressly ...confirms and agrees that it has entered into this Agreement and assumes the obligations imposed on it hereby in order to induce Indemnitee to serve as an a director or officer or director of the Company, and the Company acknowledges that Indemnitee is relying upon this Agreement in serving as an a director or officer or director of the Company. (b) This Agreement constitutes the entire agreement between the parties hereto with respect to the subject matter hereof and supersedes all prior agreements and understandings, oral, written and implied, between the parties hereto with respect to the subject matter hereof. (c) The Company shall not seek from a court, or agree to, a "bar order" which would have the effect of prohibiting or limiting the Indemnitee's rights to receive advancement of expenses under this Agreement. View More
Security. To the extent requested by Indemnitee and approved by the Board, the Company may at any time and from time to time provide security to Indemnitee for the Company's obligations hereunder through an irrevocable bank line of credit, funded trust trust, or other collateral. Any such security, once provided to Indemnitee, may not be revoked or released without the prior written consent of the Indemnitee 12. Indemnitee. 9 13. Enforcement. (a) The Company expressly confirms and agrees that it has enter...ed into this Agreement and assumes the obligations imposed on it hereby in order to induce Indemnitee to serve and/or continue to serve, as an officer or director of the Company, and the Company acknowledges that Indemnitee is relying upon this Agreement in serving as an officer or director of the Company. (b) This Agreement constitutes the entire agreement between the parties hereto with respect to the subject matter hereof and supersedes all prior agreements and understandings, oral, written and implied, between the parties hereto with respect to the subject matter hereof. (c) The Company hereof; provided, however, that this Agreement is a supplement to and in furtherance of the Certificate, the Bylaws, and any applicable law, and shall not seek from be deemed a court, substitute therefor, nor to diminish or agree to, a "bar order" which would have the effect abrogate any rights of prohibiting or limiting the Indemnitee's rights to receive advancement of expenses under this Agreement. Indemnitee thereunder. View More
Security. To the extent requested by Indemnitee and approved by the Board, Board of Directors of the Company, the Company may at any time and from time to time provide security to Indemnitee for the Company's obligations hereunder through an irrevocable bank line of credit, funded trust or other collateral. Any such security, once provided to Indemnitee, may not be revoked or released without the prior written consent of the Indemnitee Indemnitee. RigNet D&O Indemnity Agreement 11 12. Enforcement. (a) The... Company expressly confirms and agrees that it has entered into this Agreement and assumes the obligations imposed on it hereby in order to induce Indemnitee to serve as an executive officer or director member of the Board of Directors of the Company, and the Company acknowledges that Indemnitee is relying upon this Agreement in serving as an officer or director of the Company. in such capacity. (b) This Agreement constitutes the entire agreement between the parties hereto with respect to the subject matter hereof and supersedes all prior agreements and understandings, oral, written and implied, between the parties hereto with respect to the subject matter hereof. (c) The Company shall not seek from a court, or agree to, a "bar order" which would have the effect of prohibiting or limiting the Indemnitee's rights to receive advancement of expenses under this Agreement. View More
Security. To the extent requested by Indemnitee and approved by the Board, the Company may at any time and from time to time provide security to Indemnitee for the Company's obligations hereunder under this Agreement through an irrevocable bank line of credit, funded trust trust, or other collateral. Any such security, once provided to Indemnitee, may not be revoked or released without the prior written consent of the Indemnitee Indemnitee. 8 12. Enforcement. (a) The Company expressly confirms and agrees ...that it has entered into this Agreement and assumes the obligations imposed on it hereby in order to induce Indemnitee to serve as an officer or director of the Company, and the Company acknowledges that Indemnitee is relying upon on this Agreement in serving as an officer or director of the Company. (b) This Other than as provided in this Agreement, this Agreement constitutes the entire agreement between the parties hereto with respect to the this subject matter hereof and supersedes all prior agreements and understandings, oral, written and implied, between the parties hereto with respect to the this subject matter hereof. (c) The Company shall not seek from a court, or agree to, a "bar order" which would have the effect of prohibiting or limiting the Indemnitee's rights to receive advancement of expenses under this Agreement. matter. View More
Security. To the extent requested by Indemnitee and approved by the Board, the Company may at any time and from time to time provide security to Indemnitee for the Company's obligations hereunder under this Agreement through an irrevocable bank line of credit, funded trust trust, or other collateral. Any such security, once provided to Indemnitee, may not be revoked or released without the prior written consent of the Indemnitee Indemnitee. 10 12. Enforcement. (a) The Company expressly confirms and agrees... that it has entered into this Agreement and assumes the obligations imposed on it hereby in order to induce Indemnitee to serve as an officer or director of the Company, and the Company acknowledges that Indemnitee is relying upon on this Agreement in serving as an officer or director of the Company. (b) This Other than as provided in this Agreement, this Agreement constitutes the entire agreement between the parties hereto with respect to the this subject matter hereof and supersedes all prior agreements and understandings, oral, written and implied, between the parties hereto with respect to the this subject matter hereof. (c) The Company shall not seek from a court, or agree to, a "bar order" which would have the effect of prohibiting or limiting the Indemnitee's rights to receive advancement of expenses under this Agreement. matter. View More
Security. To the extent requested by the Indemnitee and approved by the Board, Board of Directors of the Company, the Company may at any time and from time to time provide security to the Indemnitee for the Company's obligations hereunder through an irrevocable bank line of credit, funded trust or other collateral. Any such security, once provided to the Indemnitee, may not be revoked or released without the prior written consent of the Indemnitee 12. Indemnitee. 9 14. Enforcement. (a) The Company express...ly confirms and agrees that it has entered into this Agreement and assumes assumed the obligations imposed on it hereby in order to induce Indemnitee to serve as an officer or a director of the Company, and the Company acknowledges that Indemnitee is relying upon this Agreement in serving as an officer or a director of the Company. (b) This Agreement constitutes the entire agreement between the parties hereto with respect to the subject matter hereof and supersedes all prior agreements and understandings, oral, written and implied, between the parties hereto with respect to the subject matter hereof. (c) The Company shall not seek from a court, or agree to, a "bar order" which would have the effect of prohibiting or limiting the Indemnitee's rights to receive advancement of expenses under this Agreement. View More
Security. To the extent requested by Indemnitee and approved by the Board, Disinterested Directors, the Company may at any time and from time to time provide security to Indemnitee for the Company's obligations hereunder through an irrevocable bank line of credit, funded trust or other collateral. Any such security, once provided to Indemnitee, may not be revoked or released without the prior written consent of the Indemnitee Indemnitee. 10 12. Enforcement. (a) The Company expressly confirms and agrees th...at it has entered into this Agreement and assumes the obligations imposed on it hereby in order to induce Indemnitee to serve as an officer or director of the Company, and the Company acknowledges that Indemnitee is relying upon this Agreement in serving as an officer or director of the Company. (b) This Without limiting Section 8(a) or any other provision hereof, this Agreement constitutes the entire agreement between the parties hereto with respect to the subject matter hereof and supersedes all prior agreements and understandings, oral, written and implied, between the parties hereto with respect to the subject matter hereof. (c) The Company shall not seek from a court, or agree to, a "bar order" which would have the effect of prohibiting or limiting the Indemnitee's rights to receive advancement of expenses under this Agreement. View More
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