Common use of Advancements Clause in Contracts

Advancements. 2.2.1 The Company shall promptly advance all reasonable and necessary expenses incurred by the Officer in connection with any Proceeding to the extent that the Company reasonably believes that the Officer is entitled to indemnification pursuant to Articles 2.1.1 and 2.3.1 in connection with such Proceeding, subject to the Officer submitting an itemised advance request to the Company.

Appears in 9 contracts

Samples: Indemnification Agreement (Next.e.GO B.V.), Indemnification Agreement (Alvotech), Indemnification Agreement (Alvotech)

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Advancements. 2.2.1 The Company shall promptly advance all reasonable and necessary expenses Expenses incurred by the Officer in connection with any Proceeding to the extent that the Company reasonably believes that the Officer is entitled to indemnification pursuant to Articles 2.1.1 and 2.3.1 in connection with such Proceeding, subject to the Officer submitting an itemised advance request to the Company.

Appears in 1 contract

Samples: Indemnification Agreement (NewAmsterdam Pharma Co B.V.)

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