Expenses; Insurance. The Company shall reimburse each Designated Director for all reasonable out-of-pocket expenses incurred in connection with their attendance at meetings of the Board and any committees thereof, including travel, lodging and meal expenses. The Company shall obtain customary director and officer liability insurance on commercially reasonable terms. The Company shall provide each Designated Director with exculpation, indemnification and advancement of expenses that are not less favorable to any such Designated Director than those it provides to any other non-employee directors serving on the Board.
Expenses; Insurance. The Company shall reimburse Directors, Management Operating Committee Members, Audit Committee Members, Board Observers and any other member of any committee of the Board for all reasonable and documented out-of-pocket costs associated with the attendance at meetings of the Board, the Management Operating Committee and the Audit Committee, or other committee, as applicable. The Company will maintain liability insurance for Directors, Management Operating Committee Members, Audit Committee Members and any member of any other committee of the Board on commercially reasonable terms and in amounts satisfactory to the Board.
Expenses; Insurance. (a) Except as otherwise specified in this Section 10, the expenses of the Reorganization will be borne by Chemical Banking Corporation and/or The Chase Manhattan Corporation. Such expenses include, without limitation, (i) expenses incurred in connection with the entering into and the carrying out of the provisions of this Agreement; (ii) expenses associated with the preparation and filing of the Registration Statement under the Securities Act covering the MFT Portfolio Shares to be issued pursuant to the provisions of this Agreement (other than registration fees payable to the Commission in respect of the registration of such shares, which shall be payable by the respective MFT Portfolios in which such shares represent interests); (iii) registration or qualification fees and expenses of preparing and filing such forms as are necessary under applicable state securities laws to qualify the Corresponding MFT Portfolio Shares to be issued in connection herewith in each state in which shareholders of the corresponding Hanover Portfolios are resident as of the date of the mailing of the Prospectus to such shareholders; (iv) postage; (v) printing; (vi) accounting fees; (vii) legal fees and (viii) solicitation costs relating to the Reorganization.
Expenses; Insurance. The Company agrees that the Investor Directors shall be entitled to the same rights, privileges and compensation as the other members of the Board in their capacity as such, including with respect to insurance coverage and reimbursement for Board participation and related expenses. The Company shall maintain, at its own expense, directors’ and officers’ liability insurance with coverage no less favorable to the directors than the policies that are in effect on the date hereof.
Expenses; Insurance. 5.1 All travel and other expenses incident to the rendering of services by the Consultant hereunder will be paid by the Company. If any such expenses are paid in the first instance by the Consultant, the Company will reimburse him therefor on presentation of expense vouchers.
5.2 During the term of this Agreement, the Consultant and his family shall continue to receive medical and hospital insurance equivalent, in nature and extent, to the medical coverage presently in effect for the Consultant.
Expenses; Insurance. The Company shall pay the reasonable out-of-pocket expenses incurred by each member of the Board in connection with attending the meetings of the Board and any committee thereof. So long as any Beacon Director serves on the Board and for three years thereafter, the Company shall maintain directors indemnity insurance coverage reasonably satisfactory to Beacon.
Expenses; Insurance. The Company shall reimburse the Representatives and Substitutes for their reasonable, out-of-pocket costs and expenses incurred in the course of their duties contemplated by this LLC Agreement, including reasonable travel expenses.
Expenses; Insurance. ICG shall reimburse Manager for all reasonable out-of-pocket costs including amounts advanced by Manager to pay expenses, not offset by revenue collected by Manager from the Business, incurred, including amounts advanced by Manager to pay expenses, as a result of the performance by Manager of its services under this Agreement. Manager hereby waives its right to reimbursement of expenses in the event that the Merger is not consummated. ICG shall cause Manager and each of Manager's officers, directors and employees designated in writing to ICG from time to time by Manager to be named as covered persons under ICG's and the ICG Subs' insurance policies.
Expenses; Insurance. The Company shall reimburse Directors for all reasonable, out-of-pocket costs associated with the attendance at meetings of the Board. The Company will maintain customary liability insurance for Directors and Officers on commercially reasonable terms and in amounts satisfactory to the Board.
Expenses; Insurance
