Common use of Notice to Insurers Clause in Contracts

Notice to Insurers. If, at the time of the receipt of an application for indemnification pursuant to Section 2 hereof or a request for advances of Losses pursuant to Section 5 hereof, the Corporation has director and officer liability insurance in effect, the Corporation shall give prompt notice of the commencement of such Indemnifiable Matter to the insurers in accordance with the procedures set forth in the respective policies. The Corporation shall thereafter take all necessary or desirable action to cause such insurers to pay, on behalf of the Indemnitee, all amounts payable as a result of such Indemnifiable Matter in accordance with the terms of such policies.

Notice to Insurers. If, If at the time of the receipt of an application for indemnification pursuant to Section section 2 hereof or a request for advances of Losses pursuant to Section section 5 hereof, the Corporation has director and officer liability insurance in effect, the Corporation shall give prompt notice of the commencement of such Indemnifiable Matter to the insurers in accordance with the procedures set forth in the respective policies. The Corporation shall thereafter take all necessary or desirable action actions to cause such insurers to pay, on behalf of the Indemnitee, all amounts payable as a result of such Indemnifiable Matter in accordance with the terms of such policies.

Notice to Insurers. If, at the time of the receipt of an application for indemnification pursuant to Section section 2 hereof or a request for advances of Losses pursuant to Section section 5 hereof, the Corporation has director and officer liability insurance in effect, the Corporation shall give prompt notice of the commencement of such Indemnifiable Matter to the insurers in accordance with the procedures set forth in the respective policies. The Corporation shall thereafter take all necessary or desirable action to cause such insurers to pay, on behalf of the Indemnitee, all amounts payable as a result of such Indemnifiable Matter in accordance with the terms of such policies.

Notice to Insurers. If, at the time of the receipt of an application for indemnification pursuant to Section section 2 hereof or a request for advances of Losses expenses pursuant to Section section 5 hereof, the Corporation has director and officer liability insurance in effect, the Corporation shall give prompt notice of the commencement of such Indemnifiable Matter Proceeding to the insurers in accordance with the procedures set forth in the respective policies. The Corporation shall thereafter take all necessary or desirable action to cause such insurers to pay, on behalf of the Indemnitee, all amounts payable as a result of such Indemnifiable Matter Proceeding in accordance with the terms of such policies.

Notice to Insurers. If, at the time of the receipt of an application for indemnification pursuant to Section section 2 hereof or a request for advances of Losses expenses pursuant to Section 5 section 4 hereof, the Corporation has director and officer liability insurance in effect, the Corporation shall give prompt notice of the commencement of such Indemnifiable Matter to the insurers in accordance with the procedures set forth in the respective policies. The Corporation shall thereafter take all necessary or desirable action to cause such insurers to pay, on behalf of the Indemnitee, all amounts payable as a result of such Indemnifiable Matter in accordance with the terms of such policies.

Notice to Insurers. If, at the time of the receipt of an application for indemnification pursuant to Section section 2 hereof or a request for advances of Losses Expenses pursuant to Section section 5 hereof, the Corporation has director and officer liability insurance in effect, the Corporation shall give prompt notice promptly notify the appropriate insurance underwriter or carrier of the commencement of such the Indemnifiable Matter to the insurers in accordance with the procedures set forth in the respective applicable policies. The Corporation shall thereafter take all necessary or desirable action to cause such insurers to pay, on behalf of the Indemnitee, all amounts payable as a result of such the Indemnifiable Matter in accordance with the terms of such policies.