Disabling Conduct
Disabling Conduct. Fraud, willful misconduct or gross negligence by the Manager in the conduct of its duties as Manager hereunder or under the Fund Documents.
Found in
NewStar Financial, Inc. contract
Disabling Conduct. Means, with respect to Indemnitee, any act or omission resulting from fraud, gross negligence, willful breach of any Company Organizational Document or other Enterprise Organizational Document or a willful illegal act (other than an act or omission treated as a criminal violation in a foreign country that is not a criminal violation in the United States).
Found in
Amplify Energy Corp contract
Disabling Conduct. Indemnitee's willful misfeasance, bad faith, or gross negligence in the performance of his duties or reckless disregard of his obligations and duties involved in the conduct of his office.
Found in
OHA Investment Corp contract
Disabling Conduct. Means that, in respect of the particular claim, issue or matter in question or the particular Proceeding, there is a final non-appealable judicial determination that the Indemnitee acted in bad faith, engaged in fraud, willful misconduct (including a breach of the General Partner Agreement) or, in the case of a criminal matter, acted with knowledge that the Indemnitee's conduct was criminal.
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