Common use of Right of Indemnitee to Indemnification Upon Application; Procedure Upon Application Clause in Contracts

Right of Indemnitee to Indemnification Upon Application; Procedure Upon Application. Any indemnification or advance under Paragraphs 3, 4 and/or 6 shall be made no later than 21 days after receipt of the written request of Indemnitee, unless a determination is made within said 21 day period by (1) the Board of Directors

Right of Indemnitee to Indemnification Upon Application; Procedure Upon Application. Any indemnification or advance under Paragraphs 3, 4 and/or 6 shall be made no later than 21 days after receipt of the written request of Indemnitee, unless a determination is made within said 21 day period by (1) the Board of Directors.

Right of Indemnitee to Indemnification Upon Application; Procedure Upon Application. Any indemnification or advance advances under Paragraphs Sections 3, 4 and/or 4, 6 or 8 shall be made no later than 21 45 days after receipt of the written request of Indemnitee, unless a determination is made within said 21 such 45-day period by (1) that the Board of DirectorsIndemnitee has not met the relevant standards for indemnification set forth in Section 3, 4 or 8 or that an exclusion set forth in Section 9 is applicable, by:

Right of Indemnitee to Indemnification Upon Application; Procedure Upon Application. Any indemnification or advance under Paragraphs 3, 4 and/or 6 shall or 7 hereof will be made no later than 21 45 days after receipt of the Indemnitee's written request of Indemniteein accordance with Paragraph 11 hereof. In all other cases, unless indemnification will be made by the Bank only if authorized in the specific case, upon a determination that indemnification is made within said 21 day period by (1) proper under the Board circumstances and the terms of Directorsthis Agreement by: