Common use of Mandatory Advance Clause in Contracts

Mandatory Advance. Expenses (including attorneys' fees) incurred by the Indemnitee in investigating, defending, settling or appealing any action, suit or proceeding described in Section 1 or 2 hereof shall be paid by the Company in advance of the final disposition of such action, suit or proceeding. The Company shall promptly pay the amount of such expenses to the Indemnitee, but in no event later than 10 days following the Indemnitee's delivery to the Company of a written request for an advance pursuant to this Section 7, together with a reasonable accounting of such expenses.

Appears in 4 contracts

Sources: Indemnification Agreement (Miami Cruiseline Services Holdings I B V), Indemnification Agreement (Sportsline Usa Inc), Indemnification Agreement (Dental Care Alliance Inc)

Mandatory Advance. Expenses (including attorneys' fees, court costs, judgments, fines, amounts paid in settlement and other payments) incurred by the Indemnitee in investigating, defending, settling or appealing any action, suit or proceeding described in Section 1 or 2 hereof shall be paid by the Company in advance of the final disposition of such action, suit or proceeding. The Company shall promptly pay the amount of such expenses to the Indemnitee, but in no event later than 10 days following the Indemnitee's ’s delivery to the Company of a written request for an advance pursuant to this Section 7, together with a reasonable accounting of such expenses.

Appears in 2 contracts

Sources: Indemnification Agreement (Radiation Therapy Services Holdings, Inc.), Indemnification Agreement (Terremark Worldwide Inc)

Mandatory Advance. Expenses All costs and expenses (including attorneys' fees) incurred by the Indemnitee in investigating, defending, settling settling, or appealing any action, suit or proceeding described in Section 1 or 2 hereof shall be paid by the Company Corporation in advance of the final disposition of such action, suit or proceeding. The Company Corporation shall promptly pay the amount of such costs and expenses to the Indemnitee, but in no event later than 10 7 days following the IndemniteeIndemnity's delivery to the Company Corporation of a written request for an advance pursuant to this Section 78, together with a reasonable accounting of such costs and expenses.

Appears in 2 contracts

Sources: Indemnification Agreement (Sagemark Companies LTD), Indemnification Agreement (Sagemark Companies LTD)

Mandatory Advance. Expenses (including attorneys' fees) incurred by the Indemnitee in investigating, defending, settling or appealing appealing, or being or preparing to be a witness in, any action, suit or proceeding described in Section 1 or 2 hereof shall be paid by the Company in advance of the final disposition of such action, suit or proceeding. The Company shall promptly pay the amount of such expenses to the Indemnitee, but in no event later than 10 5 days following the Indemnitee's delivery to the Company of a written request for an advance pursuant to this Section 7, together with a reasonable accounting of such expenses.

Appears in 1 contract

Sources: Indemnification Agreement (Mego Financial Corp)

Mandatory Advance. Subject to the provisions of Section 4.3, reasonable Expenses (including attorneys' fees) incurred by the Indemnitee in investigating, defending, settling or appealing any action, suit or proceeding Proceeding described in Section 1 or 2 hereof shall be paid by the Company in advance of the final disposition of such action, suit or proceedingProceeding. The Company shall promptly pay the amount of such expenses Expenses to the IndemniteeIndemnitee but, but in no event event, later than 10 ten (10) days following the Indemnitee's ’s delivery to the Company of a written request for an advance pursuant to this Section 74, together with a reasonable accounting of such expenses.

Appears in 1 contract

Sources: Indemnification Agreement (Metropolitan Health Networks Inc)

Mandatory Advance. Expenses (including attorneys' fees) incurred by the Indemnitee in investigating, defending, settling or appealing appealing, or being or preparing to be a witness in, any action, suit or proceeding described in Section 1 or 2 hereof shall be paid by the Company in advance of the final disposition of such action, suit or proceeding. The Company shall promptly pay the amount of such expenses to the Indemnitee, but in no event later than 10 days following the Indemnitee's delivery to the Company of a written request for an advance pursuant to this Section 7, together with a reasonable accounting of such expenses.

Appears in 1 contract

Sources: Separation Agreement (Railamerica Inc /De)

Mandatory Advance. Expenses (including attorneys' attorney's fees) incurred by the Indemnitee in investigating, defending, settling or appealing appealing, or being or preparing to be a witness in, any action, suit or proceeding described in Section 1 or 2 hereof shall be paid by the Company in advance of the final disposition of such action, suit or proceeding. The Company shall promptly pay the amount of such expenses to the Indemnitee, but in no event later than 10 5 days following the Indemnitee's delivery to the Company of a written request for an advance pursuant to this Section 7, together with a reasonable accounting of such expenses.

Appears in 1 contract

Sources: Indemnification Agreement (Mego Mortgage Corp)