Common use of Expenses; Certain Limitations Clause in Contracts

Expenses; Certain Limitations. A. Expenses (including reasonable legal fees and expenses) incurred by a Covered Person in defending any Claim shall timely be advanced by the Partnership prior to the final disposition of such Claim upon receipt by the Partnership of a written agreement by or on behalf of the Covered Person to repay such amount if it shall be finally determined that the Covered Person is not entitled to be indemnified as authorized in this Agreement.

Appears in 4 contracts

Samples: Jones Financial Companies LLLP, Jones Financial Companies LLLP, Jones Financial Companies LLLP

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Expenses; Certain Limitations. A. Expenses (including reasonable legal fees and expenses) incurred by a Covered Person in defending any Claim shall timely be advanced by the Partnership prior to the final disposition of such Claim upon receipt by the Partnership of a written agreement an undertaking by or on behalf of the Covered Person to repay such amount if it shall be finally determined that the Covered Person is not entitled to be indemnified as authorized in this Agreement.

Appears in 1 contract

Samples: Jones Financial Companies LLLP

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