Common use of Payment Upon Determination of Entitlement Clause in Contracts

Payment Upon Determination of Entitlement. If a determination is made pursuant to Sections 2, 3, and 4 (c) through (e) above that the Director is entitled to indemnification or advancement of Expenses, payment of any indemnification amounts or advancements owing to the Director shall be made within ten days after such determination (and, in the case of advancements of further Expenses, within ten days after submission of supporting information).

Appears in 4 contracts

Samples: Indemnification Agreement (TCW Star Direct Lending LLC), Indemnification Agreement (TCW Direct Lending VIII LLC), Indemnification Agreement (TCW Direct Lending LLC)

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Payment Upon Determination of Entitlement. If a determination is made pursuant to Sections 2, 3, and 4 (ca) through (ec) above that the Director Trustee is entitled to indemnification or advancement of Expenses, payment of any indemnification amounts or advancements owing to the Director Trustee shall be made within ten days after such determination (and, in the case of advancements of further Expenses, within ten days after submission of supporting information).

Appears in 4 contracts

Samples: Indemnification Agreement (Mainstay Funds Trust), Indemnification Agreement (Mainstay Funds), Form of Indemnification Agreement (Mainstay Funds)

Payment Upon Determination of Entitlement. If a determination is made pursuant to Sections 2, 3, and 4 (c) through (e) above that the Director Trustee is entitled to indemnification or advancement of Expenses, payment of any indemnification amounts or advancements owing to the Director Trustee shall be made within ten days after such determination (and, in the case of advancements of further Expenses, within ten days after submission of supporting information).

Appears in 3 contracts

Samples: Indemnification Agreement (City National Rochdale Strategic Credit Fund), Indemnification Agreement (City National Rochdale Select Strategies Fund), Indemnification Agreement (City National Rochdale Select Strategies Fund)

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Payment Upon Determination of Entitlement. If a determination is made pursuant to Sections 2, 3, and 4 (ca) through (ec) above that the Director Independent Trustee is entitled to indemnification or advancement of Expenses, payment of any indemnification amounts or advancements owing to the Director Independent Trustee shall be made by AEFC within ten business days after such determination (and, in the case of advancements of further Expenses, within ten business days after submission of supporting information).

Appears in 1 contract

Samples: Indemnification Agreement (Advisory Hedged Opportunity Fund)

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