Common use of Advancing Expenses Clause in Contracts

Advancing Expenses. To the fullest extent permitted by law, the Company may 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 upon receipt of an undertaking by or on behalf of the Indemnified Representative to repay the amount if it is ultimately determined that such person is not entitled to be indemnified by the Company pursuant to this Section.

Appears in 2 contracts

Samples: Operating Agreement, Amended and Restated Operating Agreement (Lazard LTD)

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Advancing Expenses. To the fullest extent permitted by lawapplicable Laws, the Company may 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 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 person Person is not entitled to be indemnified by the Company pursuant to this SectionArticle IX.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Montana Technologies Corp.)

Advancing Expenses. To the fullest extent permitted by law, the Company may pay the expenses (including attorneys’ attorney’s fees and disbursements) incurred in good faith by an Indemnified Representative in advance of the final disposition of a Proceeding upon receipt of an undertaking by or on behalf of the Indemnified Representative to repay the amount if it is ultimately determined that such person Indemnified Representative is not entitled to be indemnified by the Company pursuant to this SectionSection 16(b).

Appears in 1 contract

Samples: Limited Liability Company Agreement (Starz Acquisition LLC)

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Advancing Expenses. To the fullest extent permitted by law, the Company may 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 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 person is not entitled to be indemnified by the Company pursuant to this SectionArticle XI.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Asbury Automotive Group Inc)

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