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Common use of Obligations and Requirements Clause in Contracts

Obligations and Requirements. The Corporation shall, before final disposition of a Proceeding, advance funds to pay for or reimburse the reasonable Expenses incurred by Indemnitee as a Party to such Proceeding if Indemnitee delivers to the Corporation Indemnitee's written undertaking (meeting the qualifications set forth below in Section 3(b)) to repay any funds advanced if it is ultimately determined that Indemnitee is not entitled to indemnification under this Agreement, the DGCL or otherwise.

Appears in 2 contracts

Samples: Indemnity Agreement (Friedmans Inc), Indemnity Agreement (Friedmans Inc)

Obligations and Requirements. The Corporation Company shall, before final disposition of a Proceeding, advance funds to pay for or reimburse the reasonable Expenses incurred by Indemnitee as a Party to such Proceeding if Indemnitee delivers to the Corporation Company Indemnitee's written undertaking (meeting the qualifications set forth below in Section 3(b)) to repay any funds advanced if it is ultimately determined that Indemnitee is not entitled to indemnification under this Agreement, the DGCL Delaware General Corporation Law or otherwise.

Appears in 1 contract

Samples: Indemnification Agreement (Cti Molecular Imaging Inc)

Obligations and Requirements. The Corporation shall, before final ---------------------------- disposition of a Proceeding, advance funds to pay for or reimburse the reasonable Expenses incurred by Indemnitee as a Party to such Proceeding if Indemnitee delivers to the Corporation Indemnitee's written undertaking (meeting the qualifications set forth below in Section 3(b)) to repay any funds advanced if it is ultimately determined that Indemnitee is not entitled to indemnification under this Agreement, the DGCL Delaware General Corporation Law or otherwise.

Appears in 1 contract

Samples: Indemnification Agreement (Ameripath Inc)