The Indemnified Party shall be deemed to have acted or be acting at the specific request of the Corporation upon the Indemnified Party's being appointed or elected as a director or officer of the Corporation or a director, officer or similar capacity of an Entity at the Corporation's request.

What is the meaning of deeming provision?

Deeming Provisions

Going by the dictionary meaning, a deeming provision is a section or clause of a statute, regulation or other legal instrument that states how something is to be treated or regarded.

What is deeming fiction?

“Deem” is a useful word when it is necessary to establish a legal fiction either positively by “deeming” something to be something it is not or negatively by “deeming” something not to be something which it is: G.C. ... Legal fiction is an assumption that something is true even though it may be untrue.