Advancement of Expenses definition

Advancement of Expenses has the meaning set forth in Section 5.5.

Advancement of Expenses is defined in Section 7.4(b).

Advancement of Expenses shall have the meaning set forth in the Certificate of Incorporation.

Examples of Advancement of Expenses in a sentence

• If successful in whole or in part in any such suit, or in a suit brought by the Company to recover an Advancement of Expenses pursuant to the terms of an Undertaking, the Indemnitee shall be entitled to be paid also the expense of prosecuting or defending such suit.

• The rights to indemnification and to the Advancement of Expenses conferred in Sections 7.4(a) and (b) shall be contract rights and such rights shall continue as to an Indemnitee who has ceased to be a director, manager, officer, employee or agent and shall inure to the benefit of the Indemnitee’s heirs, estate, executors, administrators and legal representatives.

• The rights to indemnification and to the Advancement of Expenses conferred in this Article 7 shall not be exclusive of any other right that any person may have or hereafter acquire under any statute, the Company's Certificate or Incorporation, by-law, agreement, vote of stockholders or disinterested directors or otherwise.

• If a claim under Sections 7.4(a) or (b) is not paid in full by the Company within sixty (60) calendar days after a written claim has been received by the Company, except in the case of a claim for an Advancement of Expenses, in which case the applicable period shall be twenty (20) calendar days, the Indemnitee may at any time thereafter bring suit against the Company to recover the unpaid amount of the claim.

• If a claim under Section 7.1 hereof is not paid in full by the Company within sixty days after a written claim has been received by the Company, except in the case of a claim for an Advancement of Expenses, in which case the applicable period shall be twenty days, the Indemnitee may at any time thereafter bring suit against the Company to recover the unpaid amount of the claim.

More Definitions of Advancement of Expenses

Advancement of Expenses means any advancement of Expenses made pursuant to Section 7.2.

Advancement of Expenses has the meaning set forth in Section 9.2 hereof.

Advancement of Expenses has the meaning set forth in Section 6.18(a)(iii) of this Agreement.

Advancement of Expenses has the meaning set forth in Section 11.3.

Advancement of Expenses or to “Advance Expenses” shall refer to the payment of Expenses in connection with a Proceeding prior to an ultimate determination whether the Indemnitee has met any applicable standard of conduct.

Advancement of Expenses means the advancement of expenses obligations provided under Sections 8 and 14 of this Agreement.

Advancement of Expenses has the meaning set forth in Section 4 of this Article VIII.