Common use of Indemnification and Expense Advancement Clause in Contracts

Indemnification and Expense Advancement. (a) The Company shall indemnify Indemnitee and hold Indemnitee harmless to the fullest extent permitted by law, as soon as practicable but in any event no later than 30 days after written demand is presented to the Company, from and against any and all Indemnifiable Liabilities. Notwithstanding the foregoing, the obligations of the Company under Section 2(a) shall be subject to the condition that the Reviewing Party shall not have determined (in a written opinion, in any case in which Special Counsel is involved) that Indemnitee is not permitted to be indemnified under applicable law. Any determination under this Section 2(a) shall be made promptly by the Reviewing Party.

Appears in 20 contracts

Samples: Indemnification Agreement (Holly Energy Partners Lp), Indemnification Agreement (S&c Holdco 3 Inc), Indemnification Agreement (Holly Corp)

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Indemnification and Expense Advancement. (a) The Company shall indemnify Indemnitee and hold Indemnitee harmless to the fullest extent permitted by law, as soon as practicable but in any event no later than 30 days after written demand is presented to the Company, from and against any and all Indemnifiable Liabilities. Notwithstanding the foregoing, the obligations of the Company under Section 2(a) shall be subject to the condition that the Reviewing Party shall not have determined (in a written opinion, in any case in which Special Counsel is involved) that Indemnitee is not permitted to be indemnified under applicable law. Any Nothing contained in this Agreement shall require any determination under this Section 2(a) shall to be made promptly by the Reviewing PartyParty prior to the disposition or conclusion of the Claim against the Indemnitee.

Appears in 10 contracts

Samples: Indemnification Agreement (Golfsmith International Holdings Inc), Indemnification Agreement (Campfire Inc), Indemnification Agreement (H R Window Supply Inc)

Indemnification and Expense Advancement. (a) The Company shall indemnify Indemnitee and hold Indemnitee harmless to the fullest extent permitted by law, as soon as practicable but in any event no later than 30 days after written demand is presented to the Company, from and against any and all Indemnifiable Liabilities. Notwithstanding the foregoing, the obligations of the Company under this Section 2(a) shall be subject to the condition that the Reviewing Party shall not have determined (in a written opinion, in any case in which Special Counsel is involved) that Indemnitee is not permitted to be indemnified under applicable law. Any Nothing contained in this Agreement shall require any determination under this Section 2(a) shall to be made promptly by the Reviewing PartyParty prior to the disposition or conclusion of the Claim against the Indemnitee.

Appears in 8 contracts

Samples: Indemnification Agreement (Trammell Crow Co), Indemnification Agreement (PMC Commercial Trust /Tx), Indemnification Agreement (Trammell Crow Co)

Indemnification and Expense Advancement. (a) The Company shall indemnify Indemnitee and hold Indemnitee harmless to the fullest extent permitted by law, as soon as practicable practicable, but in any no event no later than 30 days after written demand is presented to the Company, from and against any and all Indemnifiable Liabilities. Notwithstanding the foregoing, the obligations of the Company under this Section 2(a) shall be subject to the condition that the Reviewing Party shall not have determined (in a written opinion, in any case in which Special Counsel is involved) that Indemnitee is not permitted to be indemnified under applicable law. Any Nothing contained in this Agreement shall require any determination under this Section 2(a) shall to be made promptly by the Reviewing PartyParty prior to the disposition or conclusion of the Claim against the Indemnitee.

Appears in 2 contracts

Samples: Indemnification Agreement (Eventures Group Inc), Indemnification Agreement (Eventures Group Inc)

Indemnification and Expense Advancement. (a) The Company shall indemnify Indemnitee and hold Indemnitee harmless to the fullest extent permitted by law, as soon as practicable practicable, but in any no event no later than 30 days after written demand is presented to the Company, from and against any and all Indemnifiable Liabilities. Notwithstanding the foregoing, the obligations of the Company under this Section 2(a) shall be subject to the condition that the Reviewing Party shall not have determined (in a written opinion, in any case in which Special Counsel is involved) that Indemnitee is not permitted to be indemnified under applicable law. Any Nothing contained in this Agreement shall require any determination under this Section 2(a) shall to be made promptly by the Reviewing PartyParty prior to the disposition or conclusion or the Claim against the Indemnitee.

Appears in 2 contracts

Samples: Indemnification Agreement (American Telecom Services Inc), Indemnification Agreement (Robotic Vision Systems Inc)

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Indemnification and Expense Advancement. (a) The Company shall indemnify Indemnitee and hold Indemnitee harmless to the fullest extent permitted by law, as soon as practicable practicable, but in any no event no later than 30 days after written demand is presented to the Company, from and against any and all Indemnifiable Liabilities. Notwithstanding the foregoing, the obligations of the Company under this Section 2(a) shall be subject to the condition that the Reviewing Party shall not have determined (in a written opinion, opinion in any case in which Special Counsel is involved) that Indemnitee is not permitted to be indemnified under applicable law. Any Nothing contained in this Agreement shall require any determination under this Section 2(a) shall to be made promptly by the Reviewing PartyParty prior to the disposition or conclusion or the Claim against the Indemnitee.

Appears in 1 contract

Samples: Separation Agreement (Graphon Corp/De)

Indemnification and Expense Advancement. (a) a. The Company shall indemnify Indemnitee and hold Indemnitee harmless to the fullest extent permitted by law, as soon as practicable but in any event no later than 30 days after written demand is presented to the Company, from and against any and all Indemnifiable Liabilities. Notwithstanding the foregoing, the obligations of the Company under Section 2(a) shall be subject to the condition that the Reviewing Party shall not have determined (in a written opinion, in any case in which Special Counsel is involved) that Indemnitee is not permitted to be indemnified under applicable law. Any Nothing contained in this Agreement shall require any determination under this Section 2(a) shall to be made promptly by the Reviewing PartyParty prior to the disposition or conclusion of the Claim against the Indemnitee.

Appears in 1 contract

Samples: Indemnification Agreement (Odyssey Healthcare Inc)

Indemnification and Expense Advancement. (a) The Company Trust shall indemnify Indemnitee and hold Indemnitee harmless to the fullest extent permitted by law, as soon as practicable but in any event no later than 30 days after written demand is presented to the CompanyTrust, from and against any and all Indemnifiable Liabilities. Notwithstanding the foregoing, the obligations of the Company Trust under Section 2(a) shall be subject to the condition that the Reviewing Party shall not have determined (in a written opinion, in any case in which Special Counsel is involved) that Indemnitee is not permitted to be indemnified under applicable law. Any determination under this Section 2(a) shall be made promptly by the Reviewing Party.

Appears in 1 contract

Samples: Indemnification Agreement (San Juan Basin Royalty Trust)

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