Common use of Request for Advancement Clause in Contracts

Request for Advancement. Any advancement of Expenses pursuant to Section 3.1 hereof shall be made within 30 days after the receipt by the Company of a written statement from Indemnitee requesting such advancement from time to time and accompanied by or preceded by the undertaking referred to in Section 3.1 above. Each statement requesting advancement shall reasonably evidence the Expenses incurred by or on behalf of Indemnitee in connection with such Proceeding for which advancement is being sought.

Appears in 5 contracts

Samples: Indemnification Agreement (Worthington Industries Inc), Indemnification Agreement (Worthington Steel, Inc.), Indemnification Agreement (Worthington Industries Inc)

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Request for Advancement. Any advancement of Expenses pursuant to Section 3.1 hereof shall be made within 30 ten (10) days after the receipt by the Company of a written statement from Indemnitee requesting such advancement from time to time and accompanied by or preceded by the undertaking referred to in Section 3.1 above. Each statement requesting advancement shall reasonably evidence the Expenses incurred by or on behalf of the Indemnitee in connection with such Proceeding for which advancement is being sought.

Appears in 1 contract

Samples: Indemnification Agreement (Dominion Homes Inc)

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