Common use of Undertaking by Indemnitee Clause in Contracts

Undertaking by Indemnitee. Indemnitee hereby undertakes to repay to the Corporation any advances of Expenses pursuant to Section 2 to the extent that it is ultimately determined that Indemnitee is not entitled to indemnification. Such undertaking by Indemnitee shall be unsecured and the Corporation shall not be permitted to require Indemnitee to provide any security for such repayment obligation or to pay any interest on amounts advanced in accordance with Section 4 hereof.

Undertaking by Indemnitee. Indemnitee hereby undertakes to repay to the Corporation any advances of Expenses pursuant to Section 2 4 hereof to the extent that it is ultimately determined that Indemnitee is not entitled to indemnification. Such undertaking by Indemnitee shall be unsecured and the Corporation shall not be permitted to require Indemnitee to provide any security for such repayment obligation or to pay any interest on amounts advanced in accordance with Section 4 hereof.

Undertaking by Indemnitee. Indemnitee hereby undertakes to repay to the Corporation any advances of Expenses pursuant to Section 2 III hereof to the extent that it is ultimately determined that Indemnitee is not entitled to indemnification. Such undertaking by Indemnitee shall be unsecured and the Corporation shall not be permitted to require Indemnitee to provide any security for such repayment obligation or to pay any interest on amounts advanced in accordance with Section 4 hereof.

Undertaking by Indemnitee. Indemnitee hereby undertakes to repay to the Corporation any advances of Expenses pursuant to Section 2 3 hereof to the extent that it is ultimately determined that Indemnitee is not entitled to indemnification. Such undertaking by Indemnitee shall be unsecured and the Corporation shall not be permitted to require Indemnitee to provide any security for such repayment obligation or to pay any interest on amounts advanced in accordance with Section 4 hereof.

Undertaking by Indemnitee. Indemnitee hereby undertakes to repay to the Corporation any advances of Expenses pursuant to Section 2 3 to the extent that it is ultimately determined that Indemnitee is not entitled to indemnification. Such undertaking by Indemnitee shall be unsecured and the Corporation shall not be permitted to require Indemnitee to provide any security for such repayment obligation or to pay any interest on amounts advanced in accordance with Section 4 hereof.

Undertaking by Indemnitee. Indemnitee hereby undertakes to repay to the Corporation any advances of Expenses pursuant to Section 2 to the extent that it is ultimately determined that Indemnitee is not entitled to indemnification. Such undertaking by Indemnitee shall be unsecured and the Corporation shall not be permitted to require Indemnitee to provide any security for such repayment obligation or to pay any interest on amounts advanced in accordance with Section 4 hereof.