Common use of Advancement of Expenses and Costs Clause in Contracts

Advancement of Expenses and Costs. Subject to the exceptions set forth in Section 10 hereof, all reasonable costs and expenses incurred by Indemnitee (including attorneys' fees, retainers and advances of disbursements required of Indemnitee) in defending a Proceeding shall be paid by the Corporation in advance of the final disposition of such Proceeding at the request of Indemnitee within 20 days after the receipt by the Corporation of a statement or statements from Indemnitee requesting such advance or advances from time to time. Indemnitee's entitlement to such costs and expenses shall include those incurred in connection with any proceeding by Indemnitee seeking an adjudication pursuant to this Agreement. Such statement or statements shall reasonably evidence the costs and expenses incurred by Indemnitee in connection therewith and shall include or be accompanied by a written undertaking by or on behalf of Indemnitee to repay such amount if it is ultimately determined that Indemnitee is not entitled to be indemnified against such costs and expenses by the Corporation as provided by this Agreement or otherwise.

Appears in 10 contracts

Samples: Indemnification Agreement (C&d Technologies Inc), Indemnification Agreement (C&d Technologies Inc), Indemnification Agreement (C&d Technologies Inc)

AutoNDA by SimpleDocs

Advancement of Expenses and Costs. Subject to the exceptions set forth in Section 10 hereof, all All reasonable expenses and costs and expenses actually incurred by the Indemnitee (including attorneys' fees, retainers and advances of disbursements required of the Indemnitee) in defending a Proceeding shall be paid by the Corporation in advance of the final disposition of such Proceeding at action, suit or proceeding, if so requested by the request of Indemnitee Indemnitee, within 20 days after the receipt by the Corporation of a statement or statements from the Indemnitee requesting such advance or advances advances. The Indemnitee may submit such statements from time to time. The Indemnitee's entitlement to such costs and expenses shall include those incurred in connection with any proceeding by the Indemnitee seeking an adjudication or award in arbitration pursuant to this Agreement. Such statement or statements shall reasonably evidence the expenses and costs and expenses incurred by Indemnitee him in connection therewith and shall include or be accompanied by a written an undertaking by or on behalf of the Indemnitee to repay such amount if it is ultimately determined that the Indemnitee is not entitled to be indemnified against such expenses and costs and expenses by the Corporation as provided by pursuant to this Agreement or otherwise.

Appears in 6 contracts

Samples: Indemnification Agreement (American Environmental Energy, Inc.), Indemnification Agreement (American Environmental Energy, Inc.), Indemnification Agreement (American Environmental Energy, Inc.)

Advancement of Expenses and Costs. Subject to the exceptions set forth in Section 10 hereof, all reasonable costs and expenses incurred by Indemnitee (including attorneys' fees, retainers and advances of disbursements required of Indemnitee) in defending a Proceeding shall be paid by the Corporation in advance of the final disposition of such Proceeding at the request of Indemnitee within 20 days after the receipt by the Corporation of a statement or statements from Indemnitee requesting such advance or advances from time to time. Indemnitee's ’s entitlement to such costs and expenses shall include those incurred in connection with any proceeding by Indemnitee seeking an adjudication pursuant to this Agreement. Such statement or statements shall reasonably evidence the costs and expenses incurred by Indemnitee in connection therewith and shall include or be accompanied by a written undertaking by or on behalf of Indemnitee to repay such amount if it is ultimately determined that Indemnitee is not entitled to be indemnified against such costs and expenses by the Corporation as provided by this Agreement or otherwise.

Appears in 6 contracts

Samples: Indemnification Agreement (C&d Technologies Inc), Indemnification Agreement (C&d Technologies Inc), Indemnification Agreement (C&d Technologies Inc)

Advancement of Expenses and Costs. Subject to the exceptions set forth in Section 10 hereof, all All reasonable expenses and costs and expenses actually incurred by the Indemnitee (including attorneys' fees, retainers and advances of disbursements required of the Indemnitee) in defending a Proceeding shall be paid by the Corporation Company in advance of the final disposition of such Proceeding at action, suit or proceeding, if so requested by the request of Indemnitee Indemnitee, within 20 days after the receipt by the Corporation Company of a statement or statements from the Indemnitee requesting such advance or advances advances. The Indemnitee may submit such statements from time to time. The Indemnitee's entitlement to such costs and expenses shall include those incurred in connection with any proceeding by the Indemnitee seeking an adjudication or award in arbitration pursuant to this Agreement. Such statement or statements shall reasonably evidence the expenses and costs and expenses incurred by Indemnitee him in connection therewith and shall include or be accompanied by a written an undertaking by or on behalf of the Indemnitee to repay such amount if it is ultimately determined that the Indemnitee is not entitled to be indemnified against such expenses and costs and expenses by the Corporation as provided by Company pursuant to this Agreement or otherwise.

Appears in 6 contracts

Samples: Indemnification Agreement (FalconTarget Inc.), Indemnification Agreement (INverso Corp), Indemnification Agreement (FalconTarget Inc.)

Advancement of Expenses and Costs. Subject to the exceptions set forth in Section 10 hereof10, all reasonable costs and expenses incurred by Indemnitee (the Indemnitee, including attorneys' fees, retainers and advances of disbursements required of the Indemnitee) , in defending a Proceeding shall be paid by the Corporation FHLBank in advance of the final disposition of such Proceeding at the request of the Indemnitee within 20 30 days after the receipt by the Corporation FHLBank of a statement or statements from the Indemnitee requesting such advance or advances from time to time. The Indemnitee's ’s entitlement to such costs and expenses shall include those costs and expenses incurred in connection with any proceeding by the Indemnitee seeking an adjudication pursuant to this Agreement. Such statement or statements shall reasonably evidence the costs and expenses incurred by the Indemnitee in connection therewith and shall include or be accompanied by a written undertaking by or on behalf of the Indemnitee to repay such amount if it is ultimately determined that the Indemnitee is not entitled to be indemnified against such costs and expenses by the Corporation FHLBank as provided by this Agreement or otherwise.

Appears in 2 contracts

Samples: Indemnification Agreement (Federal Home Loan Bank of Pittsburgh), Indemnification Agreement (Federal Home Loan Bank of Pittsburgh)

AutoNDA by SimpleDocs

Advancement of Expenses and Costs. Subject to the exceptions set forth in Section 10 hereof, all All reasonable expenses and costs and expenses incurred by Indemnitee (including attorneys' fees, retainers and advances of disbursements required of Indemnitee) in defending a Proceeding shall be paid by the Corporation Company in advance of the final disposition of such Proceeding action, suit or proceeding at the request of Indemnitee within 20 twenty days after the receipt by the Corporation Company of a statement or statements from Indemnitee requesting such advance or advances from time to time. Indemnitee's entitlement to such costs and expenses shall include those incurred in connection with any proceeding by Indemnitee seeking an adjudication pursuant to this Agreement. Such statement or statements shall reasonably evidence the expenses and costs and expenses incurred by Indemnitee him in connection therewith and shall include or be accompanied by a written an undertaking by or on behalf of Indemnitee to repay such amount if it is ultimately determined that Indemnitee is not entitled to be indemnified against such expenses and costs and expenses by the Corporation Company as provided by this Agreement or otherwise.

Appears in 1 contract

Samples: Indemnification Agreement (Devry Inc)

Advancement of Expenses and Costs. Subject to the exceptions set forth in Section 10 hereof, all All reasonable expenses and costs and expenses actually incurred by the Indemnitee (including attorneys' fees, retainers and advances of disbursements required of the Indemnitee) in defending a Proceeding shall be paid by the Corporation Company in advance of the final disposition of such Proceeding at action, suit or proceeding, if so requested by the request of Indemnitee Indemnitee, within 20 days after the receipt by the Corporation Company of a statement or statements from the Indemnitee requesting such advance or advances advances. The Indemnitee may submit such statements from time to time. The Indemnitee's ’s entitlement to such costs and expenses shall include those incurred in connection with any proceeding by the Indemnitee seeking an adjudication or award in arbitration pursuant to this Agreement. Such statement or statements shall reasonably evidence the expenses and costs and expenses incurred by Indemnitee him in connection therewith and shall include or be accompanied by a written an undertaking by or on behalf of the Indemnitee to repay such amount if it is ultimately determined that the Indemnitee is not entitled to be indemnified against such expenses and costs and expenses by the Corporation as provided by Company pursuant to this Agreement or otherwise.

Appears in 1 contract

Samples: Indemnification Agreement (Healthsouth Corp)

Advancement of Expenses and Costs. Subject to the exceptions set forth in Section 10 hereof10, all reasonable costs and expenses incurred by Indemnitee (the Indemnitee, including attorneys' fees, retainers and advances of disbursements required of the Indemnitee) , in defending a Proceeding shall be paid by the Corporation FNB in advance of the final disposition of such Proceeding at the request of the Indemnitee within 20 days after the receipt by the Corporation FNB of a statement or statements from the Indemnitee requesting such advance or advances from time to time. The Indemnitee's ’s entitlement to such costs and expenses shall include those costs and expenses incurred in connection with any proceeding by the Indemnitee seeking an adjudication pursuant to this Agreement. Such statement or statements shall reasonably evidence the costs and expenses incurred by the Indemnitee in connection therewith and shall include or be accompanied by a written undertaking by or on behalf of the Indemnitee to repay such amount if it is ultimately determined that the Indemnitee is not entitled to be indemnified against such costs and expenses by the Corporation FNB as provided by this Agreement or otherwise.

Appears in 1 contract

Samples: Indemnification Agreement (FNB Corp/Fl/)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!