Common use of Repayment of Expenses Clause in Contracts

Repayment of Expenses. The Indemnified Party agrees to reimburse the Corporation for all reasonable expenses, judgments, fines, penalties, and settlement amounts paid by the Corporation in defending any civil, criminal, administrative, or investigative action, suit, or proceeding against the Indemnified Party or advanced by the Corporation to the Indemnified Party in such event, but only to the extent that it shall be ultimately determined that the Indemnified Party is not entitled to be indemnified by the Corporation for such expenses, judgments, fines, penalties, or amounts paid in settlement under the provisions of the State Statute, the Charter, this Agreement, or otherwise.

Appears in 5 contracts

Samples: Indemnification Agreement (Innotrac Corp), Proposed Indemnification Agreement (Industrial Distribution Group Inc), Indemnification Agreement (Innotrac Corp)

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Repayment of Expenses. The Indemnified Party agrees to reimburse the --------------------- Corporation for all reasonable expenses, judgments, fines, penalties, penalties and amounts paid in settlement amounts paid by the Corporation in defending any civil, criminal, administrative, administrative or investigative action, suit, suit or proceeding against the Indemnified Party or advanced by the Corporation to the Indemnified Party in such event, but only to the extent that it shall be ultimately determined that the Indemnified Party is not entitled to be indemnified by the Corporation for such expenses, judgments, fines, penalties, penalties or amounts paid in settlement under the provisions of the State Statute, the CharterBylaws, this Agreement, Agreement or otherwise.

Appears in 1 contract

Samples: Indemnification Agreement (New Pameco Georgia Corp)

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Repayment of Expenses. The Indemnified Party agrees to reimburse the --------------------- Corporation for all reasonable expenses, judgments, fines, penalties, and settlement amounts paid by the Corporation in defending any civil, criminal, administrative, or investigative action, suit, or proceeding against the Indemnified Party or advanced by the Corporation to the Indemnified Party in such event, but only to the extent that it shall be ultimately determined that the Indemnified Party is not entitled to be indemnified by the Corporation for such expenses, judgments, fines, penalties, or amounts paid in settlement under the provisions of the State Statute, the Charter, this Agreement, or otherwise.

Appears in 1 contract

Samples: Indemnification Agreement (Innotrac Corp)

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