Common use of Additional Expenses Clause in Contracts

Additional Expenses. To the fullest extent permitted by law, the Company shall indemnify Indemnitee against any and all Expenses (including attorneys' fees) and, if requested by Indemnitee, shall (within five business days of such request) advance such Expenses to Indemnitee, which are incurred by Indemnitee in connection with any Claim asserted against or action brought by Indemnitee for (i) indemnification or advance payment of Expenses by the Company under this Agreement or any other agreement, the Company's Bylaws or Articles of Incorporation now or hereafter in effect relating to Claims for Indemnifiable Events and/or (ii) recovery under any directors' and officers' liability insurance policies maintained by the Company, regardless of whether Indemnitee ultimately is determined to be entitled to such indemnification, Expense advance or insurance recovery, as the case may be.

Appears in 8 contracts

Samples: Indemnification Agreement (California Jockey Club), Indemnification Agreement (California Jockey Club), Indemnification Agreement (California Jockey Club)

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