Common use of Undertaking to Repay Clause in Contracts

Undertaking to Repay. The Indemnitee hereby undertakes and agrees to repay to the Company any advances made pursuant to this Section 7 if and to the extent that it shall ultimately be found that the Indemnitee is not entitled to be indemnified by the Company for such amounts.

Appears in 30 contracts

Samples: Indemnification Agreement (Radiation Therapy Services Holdings, Inc.), Indemnification Agreement (Terremark Worldwide Inc), Indemnification Agreement (Forefront Holdings, Inc.)

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Undertaking to Repay. The Indemnitee hereby undertakes and agrees to repay to the Company any advances made pursuant to this Section 7 8 if and to the extent that it shall ultimately be found (by final judicial determination from which there is no further right to appeal) that the Indemnitee is not entitled to be indemnified indemnifed by the Company for such amounts.

Appears in 3 contracts

Samples: Indemnification Agreement (21st Century Holding Co), Indemnification Agreement (21st Century Holding Co), Indemnification Agreement (21st Century Holding Co)

Undertaking to Repay. The Indemnitee hereby undertakes and agrees to repay to the Company any advances made pursuant to this Section 7 if and to the -8- extent that it shall ultimately be found that the Indemnitee is not entitled to be indemnified by the Company for such amounts.

Appears in 1 contract

Samples: Indemnification Agreement (Electrostar Inc)

Undertaking to Repay. The Indemnitee hereby undertakes and agrees to repay to the Company any advances made pursuant to this Section 7 5 if and to the extent that it shall ultimately be found that the Indemnitee is not entitled to be indemnified by the Company for such amounts.

Appears in 1 contract

Samples: Indemnification Agreement (Equity One Inc)

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Undertaking to Repay. The Indemnitee hereby undertakes and agrees to repay to the Company any advances made pursuant to this Section 7 8 if and to the extent that it shall ultimately be found (by final judicial determination from which there is no further right to appeal) that the Indemnitee is not entitled to be indemnified by the Company for such amounts.

Appears in 1 contract

Samples: Indemnification Agreement (21st Century Holding Co)

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