Common use of Advancement of Funds Clause in Contracts

Advancement of Funds. The Corporation shall be permitted to advance funds to the Indemnified Party for legal expenses and other costs incurred as a result of any legal action for which indemnification is being sought and will do so if:

Appears in 19 contracts

Samples: Administrative Services Agreement (First Capital Investment Corp), Administrative Services Agreement (FS Investment Corp II), Administrative Services Agreement (FS Investment Corp III)

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Advancement of Funds. The Corporation Company shall be permitted to advance funds to the Indemnified Party for legal expenses and other costs incurred as a result of any legal action for which indemnification is being sought and will do so if:

Appears in 13 contracts

Samples: Administrative Services Agreement (FS Energy & Power Fund II), Administrative Services Agreement (FS Energy & Power Fund II), Administrative Services Agreement (FS Energy & Power Fund II)

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Advancement of Funds. The Corporation shall be permitted to advance funds to the Indemnified Party for legal expenses and other costs incurred as a result of any legal action for which indemnification is being sought and will do so ifonly if all of the following conditions are met:

Appears in 1 contract

Samples: Investment Advisory and Management Agreement (Gladstone Lending Corp)

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