Indemnification Advances definition

Indemnification Advances has the meaning set forth in Section 5.02(c) hereof.
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Examples of Indemnification Advances in a sentence

  • Power and Authority of the Manager 12 Section 5.2. Term and Removal of the Manager 16 Section 5.3. Determinations by the Manager 16 Section 5.4. Exculpation, Indemnification, Advances and Insurance 17 Section 5.5. Duties of the Manager and its Officers and Directors 19 Section 5.6. Outside Activities 19 Section 5.7. Reliance by Third Parties 19 Section 5.8. Certain Conflicts of Interest 20 Section 5.9. Fees Payable to the Manager or its Affiliates 20 Section 5.10.

  • Section 5.1. Power and Authority of the Manager 16 Section 5.2. Term and Removal of the Manager 21 Section 5.3. Determinations by the Manager 22 Section 5.4. Exculpation, Indemnification, Advances and Insurance 22 Section 5.5. Duties of the Manager and its Officers and Directors 25 Section 5.6. Outside Activities 26 Section 5.7. Reliance by Third Parties 26 Section 5.8. Certain Conflicts of Interest 27 Section 5.9. Fees Payable to the Manager or its Affiliates 27 Section 5.10.

  • ARTICLE X EXCULPATION, INDEMNIFICATION, ADVANCES AND INSURANCE SECTION 10.01 Exculpation, Indemnification, Advances and Insurance.

  • Section 5.1. Power and Authority of the Manager 12 Section 5.2. Term and Removal of the Manager 15 Section 5.3. Determinations by the Manager 15 Section 5.4. Exculpation, Indemnification, Advances and Insurance 16 Section 5.5. Duties of the Manager and its Officers and Directors 18 Section 5.6. Standards of Conduct and Modification of Duties of the Manager 18 Section 5.7. Outside Activities 18 Section 5.8. Reliance by Third Parties 19 Section 5.9. Certain Conflicts of Interest 19 Section 5.10.

  • Indemnification Expenses and Indemnification Advances provided by or granted pursuant to this Bylaw Article shall not be deemed exclusive of any other rights to which an individual seeking Indemnification Expenses or Indemnification Advances may be entitled under any other Bylaw Provision, agreement, vote of Members or Directors or otherwise, both as to action in his official capacity and as to action in another capacity while holding that office.

  • There were a few clarifications added to the semi-structured interview.

  • Power and Authority of the Manager 16 Section 5.2. Term and Removal of the Manager 21 Section 5.3. Determinations by the Manager 22 Section 5.4. Exculpation, Indemnification, Advances and Insurance 22 Section 5.5. Duties of the Manager and its Officers and Directors 25 Section 5.6. Outside Activities 26 Section 5.7. Reliance by Third Parties 26 Section 5.8. Certain Conflicts of Interest 27 Section 5.9. Fees Payable to the Manager or its Affiliates 27 Section 5.10.

  • Section 5.1. Power and Authority of the Manager 12 Section 5.2. Term and Removal of the Manager 15 Section 5.3. Determinations by the Manager 16 Section 5.4. Exculpation, Indemnification, Advances and Insurance 16 Section 5.5. Duties of the Manager and its Officers and Directors 18 Section 5.6. Outside Activities 18 Section 5.7. Reliance by Third Parties 18 Section 5.8. Certain Conflicts of Interest 19 Section 5.9. Fees Payable to the Manager or its Affiliates 19 Section 5.10.

Related to Indemnification Advances

  • Indemnification Cap has the meaning set forth in Section 9.4(a).

  • Indemnification Escrow Fund has the meaning set forth in Section 2.12(a).

  • Indemnification Escrow Amount has the meaning set forth in Section 2.2(b).

  • Indemnification Expenses shall have the meaning set forth in Section 6.11(a).

  • Indemnification Period means the period of time during which Indemnitee shall continue to serve as a director or as an officer of the Corporation, and thereafter so long as Indemnitee shall be subject to any possible Proceeding arising out of acts or omissions of Indemnitee as a director or as an officer of the Corporation.

  • Indemnification Escrow Agreement means an agreement in substantially the form attached hereto as Exhibit B, between the Escrow Participant, the Escrow Agent and the Purchaser with respect to the Indemnification Escrow Shares to reflect the terms set forth in Section 10.3.

  • Indemnification means an agreement of indemnity or a release from liability where the intent or effect is to shift or limit in any manner the potential liability of the person or firm for failure to adhere to applicable auditing or professional standards, whether or not resulting in part from knowing of other misrepresentations made by the insurer or its representatives.

  • Indemnification Event means any event, action, proceeding or claim for which a Person is entitled to indemnification under this Agreement.

  • Indemnification Threshold has the meaning set forth in Section 11.5.

  • Indemnifiable Amounts has the meaning given that term in Section 12.6.

  • Nonrecoverable Advances Means, with respect to any Mortgage Loan, (a) any Delinquency Advance or Servicing Advance previously made and not reimbursed pursuant to Section 5.03 of the Sale and Servicing Agreement, or (b) a Delinquency Advance proposed to be made in respect of a Mortgage Loan or REO Property either of which, in the good faith business judgment of the Servicer, as evidenced by an Officer’s Certificate delivered to the Indenture Trustee no later than the Business Day following such determination, would not ultimately be recoverable pursuant to Section 5.03 of the Sale and Servicing Agreement.

  • Indemnification Agreements shall have the meaning set forth in Section 6.01(a).

  • Indemnification Obligation means any existing or future obligation of any Debtor to indemnify current and former directors, officers, members, managers, sponsors, agents or employees of any of the Debtors who served in such capacity, with respect to or based upon such service or any act or omission taken or not taken in any of such capacities, or for or on behalf of any Debtor, whether pursuant to agreement, letters, the Debtors’ respective memoranda, articles or certificates of incorporation, corporate charters, bylaws, operating agreements, limited liability company agreements, or similar corporate or organizational documents or other applicable contract or law in effect as of the Effective Date.

  • Servicer Indemnified Amounts has the meaning set forth in Section 13.02(a).

  • Indemnification Provisions means each of the Debtors’ indemnification provisions currently in place whether in the Debtors’ bylaws, certificates of incorporation, other formation documents, board resolutions, or contracts for the current and former directors, officers, managers, employees, attorneys, other professionals, and agents of the Debtors and such current and former directors’, officers’, and managers’ respective Affiliates.

  • Indemnified Losses is defined in Section 5.03 of the Servicing Agreement.

  • Indemnity Obligations means all obligations of the Company to Indemnitee under this Agreement, including the Company’s obligations to provide indemnification to Indemnitee and advance Expenses to Indemnitee under this Agreement.

  • Indemnification Obligations means each of the Debtors’ indemnification obligations in place as of the Effective Date, whether in the bylaws, certificates of incorporation or formation, limited liability company agreements, other organizational or formation documents, board resolutions, management or indemnification agreements, or employment or other contracts, for their current and former directors, officers, managers, members, employees, attorneys, accountants, investment bankers, and other professionals and agents of the Debtors.

  • Indemnification Notice has the meaning set forth in Section 11.3(a).

  • Indemnifiable Expenses Indemnifiable Liabilities" and "Indemnifiable Amounts" shall have the meanings ascribed to those terms in Section 3(a) below.

  • Indemnification Claim Notice has the meaning set forth in Section 11.3.

  • Indemnification Claim has the meaning set forth in Section 8.4(a).

  • Other Liabilities means any obligation on account of (a) any Cash Management Services furnished to any of the Loan Parties or any of their Subsidiaries and/or (b) any Bank Product furnished to any of the Loan Parties and/or any of their Subsidiaries.

  • Indemnified Costs has the meaning specified in Section 8.05(a).

  • Special Termination Advance means an Advance made pursuant to Section 2.02(g).

  • 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.