Common use of Advancing Expenses Clause in Contracts

Advancing Expenses. The Company shall pay the expenses (including attorneys' fees and disbursements) incurred in good faith by an indemnified representative in advance of the final disposition of a proceeding described in Section 7(a) or the initiation of or participation in which is authorized pursuant to Section 7(e) upon receipt of an undertaking by or on behalf of the indemnified representative to repay the amount if it is ultimately determined that such indemnified representative is not entitled to be indemnified by the Company pursuant to this Section 7. The financial ability of an indemnified representative to repay an advance shall not be a prerequisite to the making of such advance.

Advancing Expenses. The Company corporation shall pay the expenses ------------------ (including attorneys' fees and disbursements) incurred in good faith by an indemnified representative in advance of the final disposition of a proceeding described in Section 7(a) 1 or the initiation of or participation in which is authorized pursuant to Section 7(e) 2 upon receipt of an undertaking by or on behalf of the indemnified representative to repay the amount if it is ultimately determined pursuant to Section 6 that such indemnified representative person is not entitled to be indemnified by the Company corporation pursuant to this Section 7Article. The financial ability of an indemnified representative to repay an advance shall not be a prerequisite to the making of such advance.

Advancing Expenses. The Company shall pay the expenses (including attorneys' attorneys fees and disbursements) incurred in good faith by an indemnified representative Indemnified Representative in advance of the final disposition of a proceeding Proceeding described in Section 7(a13(b) or the initiation of or participation in which is authorized pursuant to Section 7(e13(c) upon receipt of an undertaking by or on behalf of the indemnified representative Indemnified Representative to repay the amount if it is ultimately determined that such indemnified representative person is not entitled to be indemnified by the Company pursuant to this Section 7Section. The financial ability of an indemnified representative Indemnified Representative to repay an advance shall not be a prerequisite to the making of such advance.

Advancing Expenses. The Company corporation shall pay the expenses (including attorneys' fees and disbursements) incurred in good faith by an indemnified representative in advance of the final disposition of a proceeding described in Section 7(a) 1 or the initiation of or participation in which is authorized pursuant to Section 7(e) 2 upon receipt of an undertaking by or on behalf of the indemnified representative to repay the amount if it is ultimately determined pursuant to Section 6 that such indemnified representative person is not entitled to be indemnified by the Company corporation pursuant to this Section 7Article. The financial ability of an indemnified representative to repay an advance shall not be a prerequisite to the making of such advance.

Advancing Expenses. The Company shall pay the expenses (including attorneys' ’ fees and disbursements) incurred in good faith by an indemnified representative Indemnified Representative in advance of the final disposition of a proceeding Proceeding described in Section 7(a13(b) or the initiation of or participation in which is authorized pursuant to Section 7(e13(c) upon receipt of an undertaking by or on behalf of the indemnified representative Indemnified Representative to repay the amount if it is ultimately determined that such indemnified representative person is not entitled to be indemnified by the Company pursuant to this Section 7Section. The financial ability of an indemnified representative Indemnified Representative to repay an advance shall not be a prerequisite to the making of such advance.