Common use of Basic Indemnification Arrangement; Advancement of Expenses Clause in Contracts

Basic Indemnification Arrangement; Advancement of Expenses. (a) In the event Indemnitee was, is or becomes a party to or witness or other participant in, or is threatened to be made a party to or witness or other participant in, a Claim by reason of (or arising in part out of) an Indemnifiable Event, the Company shall indemnify Indemnitee to the fullest extent permitted by law as soon as practicable but in any event no later than thirty days after written demand is presented to the Company, against any and all Indemnifiable Amounts.

Appears in 10 contracts

Samples: Indemnification Agreement (Navistar International Corp), Indemnification Agreement (Yahoo Inc), Form of Indemnification Agreement (Seacastle Inc.)

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Basic Indemnification Arrangement; Advancement of Expenses. (a) In the event Indemnitee was, is or becomes a party to or witness or other participant in, or is threatened to be made a party to or witness or other participant in, a Claim by reason of (or arising in part out of) an Indemnifiable Event, the Company shall indemnify Indemnitee to the fullest extent permitted by applicable law as soon as practicable but in any event no later than thirty (30) days after written demand is presented to the Company, and hold Indemnitee harmless against any and all Indemnifiable Amounts.

Appears in 3 contracts

Samples: Indemnification Agreement (Trean Insurance Group, Inc.), Indemnification Agreement (Trean Insurance Group, Inc.), Indemnification Agreement (Kinsale Capital Group, Inc.)

Basic Indemnification Arrangement; Advancement of Expenses. (a) In the event Indemnitee was, is or becomes a party to or witness or other participant in, or is threatened to be made a party to or witness or other participant in, a Claim by reason of (or arising in part out of) an Indemnifiable Event, the Company shall indemnify Indemnitee to the fullest extent permitted by law as soon as practicable but in any event no later than thirty (30) days after written demand is presented to the Company, and hold Indemnitee harmless against any and all Indemnifiable Amounts.

Appears in 3 contracts

Samples: Form of Indemnification Agreement (Nationstar Mortgage Holdings Inc.), Form of Indemnification Agreement (Brookdale Senior Living Inc.), Form of Indemnification Agreement (Railamerica Inc /De)

Basic Indemnification Arrangement; Advancement of Expenses. (a) In the event Indemnitee was, is or becomes a party to or witness or other participant in, or is threatened to be made a party to or witness or other participant in, a Claim by reason of (or arising in part out of) an Indemnifiable Event, the Company shall indemnify Indemnitee to the fullest extent permitted by law law, as soon as practicable but in any event no later than thirty (30) days after written demand is presented to the Company, against any and all Indemnifiable Amounts.

Appears in 2 contracts

Samples: Indemnification Agreement (Ii-Vi Inc), Indemnification Agreement (Ii-Vi Inc)

Basic Indemnification Arrangement; Advancement of Expenses. (a) In the event Indemnitee Director/Officer was, is or becomes a party to or witness or other participant in, or is threatened to be made a party to or witness or other participant in, a Claim by reason of (or arising in part out of) an Indemnifiable Event, the Company shall indemnify Indemnitee Director/Officer to the fullest extent permitted by law as soon as practicable but in any event no later than thirty (30) days after written demand is presented to the Company, against any and all Indemnifiable Amounts.

Appears in 2 contracts

Samples: Officer Indemnification Agreement (Florida Rock Industries Inc), Officer Indemnification Agreement (Patriot Transportation Holding Inc)

Basic Indemnification Arrangement; Advancement of Expenses. (a) In the event If Indemnitee was, is or becomes a party to or witness or other participant in, or is threatened to be made a party to or witness or other participant in, a Claim by reason of (of, or arising in part out of) , an Indemnifiable Event, the Company shall indemnify Indemnitee to the fullest extent permitted by law as soon as practicable practicable, but in any event no later than thirty 45 days after written demand is presented to the Company, against any and all Indemnifiable Amounts.

Appears in 2 contracts

Samples: Indemnification Agreement (Computer Vision Systems Laboratories Corp.), Indemnification Agreement (Heelys, Inc.)

Basic Indemnification Arrangement; Advancement of Expenses. (a) In the event Indemnitee was, is or becomes a party to or witness or other participant in, or is threatened to be made a party to or witness or other participant in, a Claim by reason of (or arising in part out of) an Indemnifiable Event, the Company shall indemnify Indemnitee to the fullest extent permitted by law as soon as practicable but in any event no later than thirty (30) days after written demand is presented to the Company, against any and all Indemnifiable Amounts.

Appears in 2 contracts

Samples: Indemnification Agreement (Adesa Inc), Indemnification Agreement (Abraxas Petroleum Corp)

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Basic Indemnification Arrangement; Advancement of Expenses. (a) In the event Indemnitee was, is is, or becomes a party to or witness or other participant in, or is threatened to be made a party to or witness or other participant in, a Claim by reason of (or arising in part out of) an Indemnifiable Event, the Company shall indemnify Indemnitee to the fullest extent permitted by law as soon as practicable practicable, but in any event no later than thirty days after written demand is presented to the Company, against any and all Indemnifiable Amounts.

Appears in 1 contract

Samples: Director Indemnification Agreement (PGT, Inc.)

Basic Indemnification Arrangement; Advancement of Expenses. (a) In Subject to clause 11 and applicable law, in the event Indemnitee was, is or becomes a party to or witness or other participant in, or is threatened to be made a party to or witness or other participant in, a Claim by reason of (or arising in part out of) an Indemnifiable Event, the Company shall indemnify Indemnitee to the fullest extent permitted by law as soon as practicable but in any event no later than thirty days after written demand is presented to the Company, against any and all Indemnifiable Amounts.

Appears in 1 contract

Samples: Form of Indemnification Agreement (Aircastle LTD)

Basic Indemnification Arrangement; Advancement of Expenses. (a) In the event Indemnitee was, is or becomes a party to or witness or other participant in, or is threatened to be made a party to or witness or other participant in, a Claim by reason of (or arising in part out of) an Indemnifiable Event, the Company shall indemnify Indemnitee to the fullest extent permitted by law law, as soon as practicable but in any event no later than thirty days after written demand is presented to the Company, against any and all Indemnifiable Amounts.

Appears in 1 contract

Samples: Form of Indemnification Agreement (Advance America, Cash Advance Centers, Inc.)

Basic Indemnification Arrangement; Advancement of Expenses. (a) In the event that the Indemnitee was, is or becomes subject to, a party to or witness or other participant in, or is threatened to be made subject to, a party to or witness or other participant in, a Claim by reason of (or arising in part out of) an Indemnifiable EventClaim, the Company Indemnitor shall indemnify Indemnitee the Indemnitee, against each and every Indemnifiable Expense to the fullest extent permitted by law as soon as practicable but in any event no later than thirty days after written demand is presented to the Company, against any and all Indemnifiable Amountsapplicable law.

Appears in 1 contract

Samples: Indemnification Agreement (NanoFlex Power Corp)

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