Common use of PAYMENT BY CORPORATION Clause in Contracts

PAYMENT BY CORPORATION. The Corporation shall pay the indemnification requested under Section 2 and advance the expenses requested under Section 4 promptly following receipt by the Corporation of the Indemnitee's written request therefor and, in any event, no later than thirty (30) days after such receipt (in the case of requested indemnification) or fifteen (15) days after such receipt (in the case of requested advanced expenses).

Appears in 2 contracts

Samples: Indemnification Agreement (Motorcar Parts & Accessories Inc), Indemnification Agreement (Warren Resources Inc)

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PAYMENT BY CORPORATION. The Corporation shall pay the indemnification requested under Section 2 and advance the expenses requested under Section 4 3 promptly following receipt by the Corporation of the Indemnitee's written request therefor and, in any event, no later than thirty (30) days after such receipt (in the case of requested indemnification) or fifteen (15) days after such receipt (in the case of requested advanced expenses).

Appears in 2 contracts

Samples: Indemnification Agreement (Id Systems Inc), Indemnification Agreement (Icon CMT Corp)

PAYMENT BY CORPORATION. The Corporation shall pay the indemnification requested under Section 2 and advance the expenses Expenses requested under Section 4 6 promptly following receipt by the Corporation of the Indemnitee's written request therefor and, in any event, no later than thirty twenty (3020) days after such receipt (in the case of requested indemnification) or fifteen seven (157) days after such receipt (in the case of requested advanced expensesExpenses).

Appears in 1 contract

Samples: Indemnification Agreement (Frederick's of Hollywood Group Inc /Ny/)

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PAYMENT BY CORPORATION. The Corporation shall pay the indemnification requested under Section 2 and advance the expenses requested under Section 4 promptly following receipt by the Corporation of the Indemnitee's ’s written request therefor and, in any event, no later than thirty (30) days after such receipt (in the case of requested indemnification) or fifteen (15) days after such receipt (in the case of requested advanced expenses).

Appears in 1 contract

Samples: Indemnification Agreement (Lucid Inc)

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