Common use of Advance of Costs Clause in Contracts

Advance of Costs. The Corporation shall advance moneys to a director, officer or other individual for the costs, charges and expenses of a proceeding referred to in section 7.02. The individual shall repay the moneys if the individual does not fulfil the conditions of section 7.02.

Appears in 2 contracts

Samples: Arrangement Agreement (Agrium Inc), Arrangement Agreement (Potash Corp of Saskatchewan Inc)

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Advance of Costs. The Corporation shall advance moneys money to a directorDirector, officer or other individual for the costs, charges and expenses of a proceeding referred to in section 7.02Section 6.2. The individual shall repay the moneys money if the individual does not fulfil the conditions of section 7.02Section 6.4.

Appears in 2 contracts

Samples: Bylaw, By Law

Advance of Costs. The Corporation shall advance moneys to a directorDirector, officer Officer or other individual for the costs, charges and expenses of a proceeding referred to in section 7.02Section 6.2. The individual shall repay the moneys if the individual does not fulfil the conditions of section 7.02Section 6.4.

Appears in 1 contract

Samples: Membership Agreement

Advance of Costs. The Corporation shall Corporation, if authorized by the board, may advance moneys to a director, officer or other individual referred to in Section 7.02 for the costs, charges and expenses of a proceeding referred to in section 7.02. The individual shall repay the moneys if the individual does not fulfil the conditions of section 7.02Section 7.

Appears in 1 contract

Samples: Securities Purchase Agreement (Vasogen Inc)

Advance of Costs. The Corporation shall may advance moneys money to a directorDirector, officer an Officer or other individual for the costs, charges and expenses of relating to a proceeding referred to in section 7.02Section 8.2. The individual shall repay the moneys money if the individual does not fulfil the conditions of section 7.02Sections 8.2(a) and (b).

Appears in 1 contract

Samples: Funding Agreement

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Advance of Costs. The Corporation shall may advance moneys to a director, officer or other an individual referred to in Section 7.2 above for the costs, charges and expenses of incurred by the individual in connection with a proceeding referred to in section 7.02Section 7.2 above. The If any such moneys are advanced to such an individual, the individual shall repay the moneys to the Corporation in full if it is subsequently determined that the individual does not fulfil the conditions of section 7.02specified in Sections 7.2(a) and 7.2(b) above.

Appears in 1 contract

Samples: By Law

Advance of Costs. The Corporation shall advance moneys money to a directorDirector, officer Officer or other individual referred to in section 6.1 for the costs, charges and expenses of a an action or proceeding referred to in section 7.02. The that subsection, but the individual shall repay the moneys money if the individual does not fulfil the conditions of set out in section 7.026.3.

Appears in 1 contract

Samples: Partnership Agreement

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