Common use of Expenses Payable in Advance Clause in Contracts

Expenses Payable in Advance. Expenses incurred by a Covered Person in defending or investigating a threatened or pending action, suit or proceeding shall be paid by the Company in advance of the final disposition of such action, suit or proceeding upon receipt of an undertaking by or on behalf of such Covered Person to repay such amount if it shall ultimately be determined that he is not entitled to be indemnified by the Company as authorized by this Article X.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Antero Resources LLC), Limited Liability Company Agreement (Antero Resources Finance Corp), Limited Liability Company Agreement (Antero Resources Finance Corp)

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Expenses Payable in Advance. Expenses incurred by a Covered Person in defending or investigating a threatened or pending action, suit or proceeding shall may be paid by the Company in advance of the final disposition of such action, suit or proceeding upon receipt of an undertaking by or on behalf of such Covered Person the manager, director, officer, employee or agent to repay such amount if it shall ultimately be determined that he is not entitled to be indemnified by the Company as authorized by this Article X.in item 14.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (California Resources Corp), Limited Liability Company Agreement (California Resources Corp), Limited Liability Company Agreement (California Resources Corp)

Expenses Payable in Advance. Expenses incurred by a Covered Person in defending or investigating a threatened or pending action, suit or proceeding Proceeding shall be paid by the Company Partnership in advance of the final disposition of such action, suit or proceeding Proceeding upon receipt of an unsecured undertaking by or on behalf of such Covered Person to repay such amount if it shall ultimately be determined that he such Covered Person is not entitled to be indemnified by the Company Partnership as authorized by this Article X.VIII.

Appears in 2 contracts

Samples: Limited Partnership Agreement (Eclipse Resources Corp), Limited Partnership Agreement (Eclipse Resources Corp)

Expenses Payable in Advance. Expenses To the fullest extent permitted by applicable Law, expenses (including reasonable attorneys’ fees, disbursements, fines and amounts paid in settlement) incurred by a Covered Person in defending or investigating a threatened or pending action, suit or proceeding any Liability shall be paid by the Company in advance of the final disposition of such action, suit or proceeding Liability upon receipt of an undertaking by or on behalf of such Covered Person to repay such amount if it shall ultimately be determined that he is not entitled to be indemnified by the Company indemnification as authorized by this Article X.VII.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Grizzly Energy, LLC), Limited Liability Company Agreement (Grizzly Energy, LLC)

Expenses Payable in Advance. Expenses incurred by a Covered Person in defending or investigating a threatened or pending action, suit or proceeding Proceeding shall be paid by the Company in advance of the final disposition of such action, suit or proceeding Proceeding upon receipt of an unsecured undertaking by or on behalf of such Covered Person to repay such amount if it shall ultimately be determined that he such Covered Person is not entitled to be indemnified by the Company as authorized by this Article X.VIII.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Westmoreland Coal Co)

Expenses Payable in Advance. Expenses incurred by a Covered Person in defending or investigating a threatened or pending action, suit or proceeding Proceeding shall be paid by the Company in advance of the final disposition of such action, suit or proceeding Proceeding upon receipt of an unsecured undertaking by or on behalf of such Covered Person to repay such amount if it shall ultimately be determined that he such Covered Person is not entitled to be indemnified by the Company as authorized by this Article X.VII.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Georesources Inc)

Expenses Payable in Advance. Expenses incurred by a Covered Person an Indemnitee in defending or investigating a threatened or pending action, suit or proceeding shall be paid by the Company in advance of the final disposition of such action, suit or proceeding upon receipt of an undertaking by or on behalf of such Covered Person Indemnitee to repay such amount if it shall ultimately be determined that he he, she or it is not entitled to be indemnified by the Company as authorized by in this Article X.Section 4.4.

Appears in 1 contract

Samples: Operating Agreement (Cannae Holdings, Inc.)

Expenses Payable in Advance. Expenses incurred by a Covered Person in defending or investigating a threatened or pending action, suit or proceeding shall may be paid by the Company LLC in advance 7 of the final disposition of such action, suit or proceeding upon receipt of an undertaking by or on behalf of such Covered Person the manager, director, officer, employee or agent to repay such amount if it shall ultimately be determined that he is not entitled to be indemnified by the Company LLC as authorized by this Article X.in item 14.

Appears in 1 contract

Samples: Limited Liability Company Agreement (California Resources Corp)

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Expenses Payable in Advance. Expenses Reasonable expenses incurred or reasonably expected to be incurred by a Covered Person in defending or investigating a threatened or pending action, suit or proceeding referred to in Section 9.01 shall be paid by the Company in advance of the final disposition of such action, suit or proceeding upon written request by such Covered Person and receipt of an undertaking by or on behalf of such Covered Person to repay such amount if it shall ultimately be determined that he such Covered Person is not entitled to be indemnified by the Company as authorized by this Article X.ARTICLE IX.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Enbridge Energy Partners Lp)

Expenses Payable in Advance. Expenses Reasonable expenses incurred or reasonably expected to be incurred by a Covered Person in defending or investigating a threatened or pending action, suit or proceeding referred to in Section 10.01 shall be paid by the Company in advance of the final disposition of such action, suit or proceeding upon written request by such Covered Person and receipt of an undertaking by or on behalf of such Covered Person to repay such amount if it shall ultimately be determined that he such Covered Person is not entitled to be indemnified by the Company as authorized by this Article X.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Enbridge Energy Partners Lp)

Expenses Payable in Advance. Expenses incurred by a Covered Person in defending or investigating a threatened or pending action, suit or proceeding shall may be paid by the Company LLC in advance of the final disposition of such action, suit or proceeding upon receipt of an undertaking by or on behalf of such Covered Person the manager, director, officer, employee or agent to repay such amount if it shall ultimately be determined that he is not entitled to be indemnified by the Company LLC as authorized by this Article X.in item 14.

Appears in 1 contract

Samples: Agreement of Limited Liability Company (California Resources Corp)

Expenses Payable in Advance. Expenses incurred by a Covered Person in defending or investigating a threatened or pending action, suit or proceeding Proceeding shall be paid by the Company Resources or any of its Subsidiaries in advance of the final disposition of such action, suit or proceeding Proceeding upon receipt of an unsecured undertaking by or on behalf of such Covered Person to repay such amount if it shall ultimately be determined that he such Covered Person is not entitled to be indemnified by the Company Resources or any of its Subsidiaries as authorized by this Article X.IX.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Antero Resources Finance Corp)

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