Common use of Undertaking to Repay Expenses Clause in Contracts

Undertaking to Repay Expenses. In the event it shall ultimately be determined that the Indemnitee is not entitled to be indemnified for the expenses paid by the Indemnitors pursuant to Section 1(b) hereof or otherwise or was not entitled to be fully indemnified, the Indemnitee shall repay to the Indemnitors such amount of the expenses or the appropriate portion thereof, so paid or advanced.

Appears in 6 contracts

Samples: Indemnification Agreement (Armstrong Holdings Inc /Pa/), Indemnification Agreement (Armstrong World Industries Inc), Indemnification Agreement (Armstrong World Industries Inc)

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Undertaking to Repay Expenses. In the event it shall ultimately be determined that the Indemnitee is not entitled to be indemnified for the expenses paid by the Indemnitors Company pursuant to Section 1(b) hereof or otherwise or was not entitled to be fully indemnified, the Indemnitee shall repay to the Indemnitors such amount of the expenses or the appropriate portion thereof, so paid or advanced.Company such

Appears in 3 contracts

Samples: Indemnification Agreement (Equitable Resources Inc /Pa/), Indemnification Agreement (Equitable Resources Inc /Pa/), Indemnification Agreement (Equitable Resources Inc /Pa/)

Undertaking to Repay Expenses. In the event it shall ultimately be determined that the Indemnitee is not entitled to be indemnified for the expenses paid by the Indemnitors Corporation pursuant to Section 1(b) hereof or otherwise or was not entitled to be fully indemnified, the Indemnitee shall repay to the Indemnitors Corporation such amount of the expenses or the appropriate portion thereof, so paid or advanced.

Appears in 3 contracts

Samples: Indemnification Agreement (Kennametal Inc), Indemnification Agreement (Armstrong World Industries Inc), Indemnification Agreement (Armstrong World Industries Inc)

Undertaking to Repay Expenses. In the event that it shall ultimately be determined that the Indemnitee is not entitled to be indemnified for the expenses Expenses paid by the Indemnitors Company pursuant to Section 1(b2(a) hereof or otherwise or was not entitled to be fully indemnified, the Indemnitee shall repay to the Indemnitors Company such amount of the expenses advanced Expenses or the appropriate portion thereof, so paid or advanced. Any advances and undertakings to repay pursuant to this Section 2(a) shall be unsecured and interest free.

Appears in 2 contracts

Samples: Indemnification Agreement, Indemnification Agreement (Five Below, Inc)

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Undertaking to Repay Expenses. In the event it shall ultimately be determined that the Indemnitee is not entitled under law to be indemnified for the expenses paid by the Indemnitors Indemnitor pursuant to Section 1(b) hereof or otherwise or was not entitled to be fully indemnified, the Indemnitee shall repay to the Indemnitors Indemnitor such amount of the expenses or the appropriate portion thereof, so paid or advanced.

Appears in 2 contracts

Samples: Indemnification Agreement for Directors And (Armstrong World Industries Inc), Indemnification Agreement (Armstrong World Industries Inc)

Undertaking to Repay Expenses. In the event that it shall ultimately be determined that the Indemnitee is not entitled to be indemnified for the expenses paid by the Indemnitors Company pursuant to Section 1(b2(a) hereof or otherwise or was not entitled to be fully indemnified, the Indemnitee shall repay to the Indemnitors Company such amount of the advanced expenses or the appropriate portion thereof, so paid or advanced.

Appears in 1 contract

Samples: Indemnification Agreement (V F Corp)

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