Expense Advance definition

Expense Advance means any payment of Expenses advanced to Indemnitee by the Company pursuant to Section 3 or Section 4 hereof.

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Expense Advance means a payment to Indemnitee pursuant to Section 3 of Expenses in advance of the settlement of or final judgement in any action, suit, proceeding or alternative dispute resolution mechanism, hearing, inquiry or investigation which constitutes a Claim.

Expense Advance means an advance payment of Expenses to Indemnitee pursuant to Section 3(a).

Examples of Expense Advance in a sentence

• If ▇▇▇▇▇▇▇▇▇▇ commences legal proceedings within ninety (90) days after any determination that Indemnitee is not entitled to be indemnified hereunder in the Selected Court to secure a determination that Indemnitee is entitled to be indemnified pursuant to this Agreement, then Indemnitee shall not be required to reimburse the Company for any Expense Advance unless and until a final, non-appealable, judicial determination is made that Indemnitee is not entitled to indemnification hereunder.

• To the fullest extent permitted by applicable law, Indemnitee’s right to an Expense Advance is absolute and shall not be subject to any prior determination by the Reviewing Party (or any other Person) that Indemnitee has satisfied any applicable standard of conduct.

More Definitions of Expense Advance

Expense Advance means any payment of Expense advanced to Indemnitee by the Company pursuant to Section 4 or Section 5 hereof.

Expense Advance shall have the meaning specified in Section 2(a).

Expense Advance means a payment to Indemnitee of Expenses in advance of a Claim.

Expense Advance has the meaning provided in Section 2.2.

Expense Advance means any advance payment of Expenses to Indemnitee under or pursuant to this Agreement or as otherwise permitted under Nevada law.

Expense Advance has the meaning set forth in § 9.

Expense Advance means an advance payment of Expenses to Indemnitee pursuant to this Agreement.