Determination
Determination. A determination that either (x) there is a reasonable basis for the conclusion that indemnification of Indemnitee is proper in the circumstances because Indemnitee met a particular standard of conduct (a "Favorable Determination") or (y) there is no reasonable basis for the conclusion that indemnification of Indemnitee is proper in the circumstances because Indemnitee met a particular standard of conduct (an "Adverse Determination"). An Adverse Determination shall include the decision that a...
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Found in
Trinseo S.A. contract
Determination. Means a determination, and DETERMINED means a matter which has been determined based on the facts known at the time, by: (i) a majority vote of a quorum of disinterested directors, or (ii) if such a quorum is not obtainable, or even if obtainable, if a quorum of disinterested directors so directs, by independent legal counsel in a written opinion, or, in the event there has been a Change in Control, by the Special Independent Counsel (in a written opinion) selected by Indemnitee as set forth in...
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Found in
LANGER INC contract
Determination. Means a determination made by (a) a majority vote of Disinterested Directors, even though less than a quorum; (b) Independent Legal Counsel, in a written opinion addressed to the Company and the Indemnitee; (c) the stockholders of the Company; or (d) a decision by a court of competent jurisdiction which is not subject to further appeal or not appealed in a timely manner.
Determination. Means a determination, based on the facts known at the time, made by: (i) A majority vote of a quorum of disinterested directors; or -4- (ii) Independent legal counsel in a written opinion prepared at the request of a majority of a quorum of disinterested directors; or (iii) A majority of the disinterested stockholders of the Company; or (iv) A final order by a court of competent jurisdiction from which...
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Found in
Microsoft contract
Determination. A determination, based on the facts known at the time, made by: (i) A majority of the directors who are not parties to the action, suit or proceeding for which indemnification is considered or being considered, even though less than a quorum; or (ii) Independent legal counsel in a written opinion if there be no such directors, or if such directors so direct; or (iii) A majority of the shareholders of the Company; or ...
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HANCOCK FABRICS INC contract
Determination. Means a determination, based on the facts known at the time, by: (i) A majority vote of a quorum of disinterested directors; (ii) Special, independent legal counsel in a written opinion prepared at the request of a majority of a quorum of disinterested directors or pursuant to Section 4(a); (iii) A majority of the disinterested stockholders of the Company; or (iv) A final ...
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SPORT SUPPLY GROUP, INC. contract
Determination. Means a determination, and "Determined" means a matter which has been determined, based on the facts known at the time: (i) by a majority vote of a quorum of disinterested directors of the Company at a meeting of the Board of Directors of the Company, (ii) if such a quorum is not obtainable, or even if obtainable, if a quorum of disinterested directors of the Company so directs, by independent legal counsel in a written opinion, (iii) by a majority of the shares of the Company present and...
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VITAMINSHOPPE COM INC contract
Determination. The "Determination"), together with detailed supporting calculations and documentation to the Company and the Executive as promptly as practicable after such calculation is requested by the Company or by the Executive, and if the Accounting Firm determines that no Excise Tax is payable by the Executive with respect to a Payment or Payments, it shall furnish the Executive with an opinion reasonably acceptable to the Executive that no Excise Tax will be imposed with respect to any such Payment or...
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WEB.COM, INC. contract
Determination. Means a determination, and "Determined" means a matter which has been determined based on the facts known at the time, by: (i) a majority vote of disinterested directors, even though less than an quorum, or (ii) by a committee of such directors designated by majority vote of such directors, even though less than a quorum, or (iii) if there are no such disinterested directors or if such disinterested directors so direct, by independent legal counsel in a written opinion, or, in the event there...
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Found in
ARDENT HEALTH SERVICES LLC contract
Determination. A determination, based on the facts known at the time, made by: (i) A majority vote of the directors who are not parties to the action, suit or proceeding as to which indemnification has been requested, even though less than a quorum, or, if there are no such directors, or if such directors so direct; or (ii) Independent legal counsel in a written opinion prepared at the request of a majority of a quorum of disinterested directors; or (iii) A majority of the disinterested stockholders...
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Found in
INFONET SERVICES CORP contract
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