Final Adverse Determination

Example Definitions of "Final Adverse Determination"
Final Adverse Determination. Shall mean that a determination that Indemnitee is not entitled to indemnification shall have been made pursuant to Section 6 hereof and either (i) a final adjudication in a court of competent jurisdiction pursuant to Section 8(a) hereof shall have denied Indemnitee's right to indemnification hereunder, or (ii) Indemnitee shall have failed to file a complaint in a court of competent jurisdiction pursuant to Section 8(a) for a period of one hundred twenty (120) days after the determination made... pursuant to Section 6 hereof. View More
Final Adverse Determination. Shall mean that a determination that Indemnitee is not entitled to indemnification shall have been made pursuant to Section 6 5 hereof and either (i) (1) a final adjudication in a court the courts of competent jurisdiction the State of Delaware from which there is no further right of appeal or decision of an arbitrator pursuant to Section 8(a) hereof shall have denied Indemnitee's right to indemnification hereunder, or (ii) (2) Indemnitee shall have failed to file a complaint in a Delaware... court of competent jurisdiction or seek an arbitrator's award pursuant to Section 8(a) for a period of one hundred twenty (120) days after the determination made pursuant to Section 6 5 hereof. View More
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