Common use of Reasonableness of Expenses Clause in Contracts

Reasonableness of Expenses. Notwithstanding the definition of "Determination," the evaluation as to the reasonableness of expenses incurred by the Director for purposes of this Agreement shall be made within fifteen (15) days of the Director's delivery to the Company of a Request that includes a reasonable accounting of expenses incurred:

Appears in 9 contracts

Samples: Preferred Stock Purchase Agreement (Texoil Inc /Nv/), Indemnification Agreement (Texoil Inc /Nv/), Indemnification Agreement (Texoil Inc /Nv/)

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Reasonableness of Expenses. Notwithstanding the definition of "Determination," the The evaluation and finding as to the reasonableness of expenses incurred by the Director for purposes of this Agreement shall be made (in the following order of preference) within fifteen (15) 15 days of the Director's delivery to the Company of a Request that includes a reasonable accounting of expenses incurred:incurred (which may be part of the Request or delivered at any time before or after delivery of a Request):

Appears in 4 contracts

Samples: Indemnification Agreement (Video Jukebox Network Inc), Indemnification Agreement (Video Jukebox Network Inc), Indemnification Agreement (Video Jukebox Network Inc)

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