Common use of Obligation to Make Expense Advances Clause in Contracts

Obligation to Make Expense Advances. Upon receipt of a written undertaking by or on behalf of the Indemnitee to repay such amounts if it shall ultimately be determined that the Indemnitee is not entitled to be indemnified therefor by the Company, the Company shall make Expense Advances to Indemnitee.

Appears in 37 contracts

Sources: Indemnification Agreement (Dealertrack Technologies, Inc), Indemnification Agreement (ADS Tactical, Inc.), Indemnification Agreement (Acologix, Inc.)

Obligation to Make Expense Advances. Upon The Company shall make Expense Advances to Indemnitee upon receipt of a written undertaking by or on behalf of the Indemnitee to repay such 1031275/15012.01 -20- amounts if it shall ultimately be determined that the Indemnitee is not entitled to be indemnified therefor by the Company, the Company shall make Expense Advances to Indemnitee.

Appears in 1 contract

Sources: Agreement and Plan of Reorganization (Autotradecenter Com Inc)

Obligation to Make Expense Advances. Upon The Company shall make ----------------------------------- Expense Advances to Indemnitee upon receipt of a written undertaking by or on behalf of the Indemnitee to repay such amounts if it shall ultimately be determined that the Indemnitee is not entitled to be indemnified therefor by the Company, the Company shall make Expense Advances to Indemnitee.

Appears in 1 contract

Sources: Indemnification Agreement (Top Tier Software Inc)