Common use of Payment of Expenses in Advance Clause in Contracts

Payment of Expenses in Advance. Expenses (including attorneys’ fees) incurred by a Member, Manager or Officer in defending any civil, criminal, administrative or investigative action, suit or proceeding shall be paid by the Company in advance of the final disposition of such action, suit or proceeding upon receipt of an undertaking by or on behalf of such Member, Manager or Officer to repay such amount if it shall ultimately be determined that he or she is not entitled to be indemnified by the Company as authorized in this section.

Payment of Expenses in Advance. Expenses (including attorneys’ fees) incurred by a Member, Manager or Officer in defending any civil, criminal, administrative a civil or investigative criminal action, suit or proceeding shall may not be paid by the Company in advance of the final disposition of such action, suit or proceeding upon receipt of an undertaking by or on behalf of such Memberthe director, Manager manager, officer, employee or Officer agent to repay such amount if it shall ultimately be determined that he or she the person is not entitled to be indemnified by the Company as authorized in this sectionSection 18.

Payment of Expenses in Advance. Expenses (including attorneys’ fees) incurred by a Member, Manager Member or Officer officer of the Company in defending any civil, criminal, administrative or investigative action, suit or proceeding connection with a Proceeding shall be paid by the Company in advance of the final disposition of such action, suit or proceeding Proceeding upon receipt of an a written undertaking by or on behalf of such Member, Manager Member or Officer officer to repay such amount if it shall ultimately be determined that he such Member or she officer is not entitled to be indemnified by the Company as authorized in this sectionSection 14, with such undertaking being secured by the Member’s entire interest in the Company, if applicable.

Payment of Expenses in Advance. Expenses (including attorneys’ fees) incurred by a Member, Manager or Officer in defending any civil, criminal, administrative a civil or investigative criminal action, suit suit, or proceeding shall be paid by the Company in advance of the final disposition of such action, suit suit, or proceeding upon receipt of an undertaking by or on behalf of such Memberthe Manager, Manager Officer, employee, or Officer agent to repay such amount if it shall ultimately be determined that he or she is not entitled to be indemnified by the Company as authorized in this sectionSection 18.