Advances of Expenses. The Expenses incurred by the Indemnitee in any Proceeding shall be paid promptly by the Company in advance of the final disposition of the Proceeding at the written request of the Indemnitee to the fullest extent permitted by applicable corporate law; provided that the Indemnitee shall undertake in writing to repay any advances if it is ultimately determined that the Indemnitee is not entitled to indemnification.
Appears in 60 contracts
Samples: Indemnification Agreement (Skkynet Cloud Systems, Inc.), Indemnity Agreement (Skkynet Cloud Systems, Inc.), Indemnification Agreement (UEG-Green Energy Solutions/Alberta, Inc.)
Advances of Expenses. The Expenses incurred by the Indemnitee in connection with any Proceeding shall be paid promptly by the Company in advance of the final disposition of the Proceeding at the written request of the Indemnitee to the fullest extent permitted by applicable corporate lawthe DGCL; provided that the Indemnitee shall undertake in writing to repay any advances if such amount to the extent that it is ultimately determined that the Indemnitee is not entitled to indemnificationindemnification by the Company.
Appears in 6 contracts
Samples: Employment Agreement (Pacific Energy Resources LTD), Employment Agreement (Pacific Energy Resources LTD), Indemnification Agreement (Pacific Ethanol, Inc.)
Advances of Expenses. The Expenses incurred by the Indemnitee in any Proceeding shall be paid promptly by the Company in advance of the final disposition of the Proceeding at the written request of the Indemnitee to the fullest extent permitted by applicable corporate law; provided that the Indemnitee shall undertake in writing to repay any advances if it is ultimately determined that the Indemnitee is not entitled to indemnificationindemnification by the Company.
Appears in 3 contracts
Samples: Indemnification Agreement (American States Water Co), Indemnification Agreement (Golden State Water CO), Indemnification Agreement (Golden State Water CO)
Advances of Expenses. The Expenses incurred by the Indemnitee in connection with any Proceeding shall be paid promptly by the Company in advance of the final disposition of the Proceeding at the written request of the Indemnitee Indemnitee, and within ten (10) business days of such request, to the fullest extent permitted by applicable corporate lawthe Law; provided provided, however, that the Indemnitee shall undertake in writing to repay any advances if such amount to the extent that it is ultimately determined that the Indemnitee is not entitled to indemnificationindemnification by the Company.
Appears in 2 contracts
Samples: Indemnification Agreement (Balqon Corp.), Indemnification Agreement (Mmax Media, Inc.)
Advances of Expenses. The Expenses incurred by the Indemnitee in connection with any Proceeding shall be paid promptly by the Company in advance of the a final disposition of the Proceeding at such Proceeding, promptly upon the written request of the Indemnitee to the fullest extent permitted by applicable corporate law; provided that the Indemnitee, if Indemnitee shall undertake in writing (without the need for security therefor) to repay any advances such amount if and to the extent that it is ultimately determined that the Indemnitee is not entitled to indemnificationindemnification for such Expenses.
Appears in 2 contracts
Samples: Indemnification Agreement (Triton Energy LTD), Indemnity Agreement (Triton Energy LTD)
Advances of Expenses. The Expenses incurred by the Indemnitee in connection with any Proceeding shall shall, at the option of the Indemnitee, be immediately paid promptly (whether in whole in or part) by the Company Corporation in advance of the final disposition of the Proceeding at thereof upon the written request of the Indemnitee to the fullest extent permitted by applicable corporate law; provided that Indemnitee, PROVIDED THAT the Indemnitee shall undertake in writing to repay any advances such amount if and to the extent it is ultimately determined that the Indemnitee is not entitled to indemnification.
Appears in 2 contracts
Samples: Deed of Indemnity (CDC Corp), Deed of Indemnity (CDC Software CORP)
Advances of Expenses. The Expenses incurred by the Indemnitee in connection with any Proceeding shall be paid promptly by the Company Company, in advance of the final disposition of the Proceeding at the written request of the Indemnitee to the fullest extent permitted by applicable corporate lawIndemnitee; provided that the Indemnitee shall undertake in writing to repay any advances if it is ultimately conclusively determined by a court of competent jurisdiction that the Indemnitee is not entitled to indemnificationindemnification under this Agreement or otherwise. The Indemnitee’s obligation to reimburse the Company for advanced Expenses shall be unsecured and no interest shall be charged thereon.
Appears in 2 contracts
Samples: Indemnification Agreement (Catellus Development Corp), Indemnification Agreement (Catellus Development Corp)
Advances of Expenses. The Expenses incurred by the Indemnitee indemnitee in any Proceeding shall be paid promptly by the Company in advance of the final disposition of the Proceeding at the written request of the Indemnitee to the fullest extent permitted by applicable corporate law; provided that the Indemnitee shall undertake in writing to repay any an advances if it is ultimately determined that the Indemnitee is not entitled to indemnification.
Appears in 1 contract
Advances of Expenses. The Expenses incurred by the Indemnitee in any Proceeding shall be paid promptly by the Company in advance of the final disposition of the Proceeding at the written request of the Indemnitee to the fullest extent permitted by applicable corporate law; provided that the Indemnitee shall undertake in writing to repay any advances if it is ultimately determined that the Indemnitee is not entitled to indemnificationIndemnification.
Appears in 1 contract
Samples: Indemnification Agreement (United States Properties Inc)
Advances of Expenses. The Expenses incurred by the Indemnitee in any Proceeding shall be paid promptly by the Company in advance of the final disposition of the Proceeding at the written request of the Indemnitee to the fullest extent permitted by applicable corporate law; provided that the Indemnitee shall undertake in writing to repay any advances if it is ultimately determined that the Indemnitee is not entitled en titled to indemnification.
Appears in 1 contract
Advances of Expenses. The Expenses incurred by the Indemnitee in any Proceeding shall be paid promptly by the Company in advance of the final disposition of the Proceeding at the written request of the Indemnitee to the fullest extent permitted by applicable corporate lawIndemnitee; provided that the Indemnitee shall undertake in writing to repay any such advances if it is ultimately determined a final judgment or other final adjudication by a court having jurisdiction in the matter shall determine that the Indemnitee is not entitled to indemnificationindemnification under this Agreement.
Appears in 1 contract
Samples: Indemnity Agreement (Hawaiian Electric Industries Inc)