Expense Advance definition

Expense Advance means any payment of Expenses advanced to Indemnitee by the Company pursuant to Section 3 or Section 4 hereof.

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Expense Advance means a payment to Indemnitee pursuant to Section 3 of Expenses in advance of the settlement of or final judgement in any action, suit, proceeding or alternative dispute resolution mechanism, hearing, inquiry or investigation which constitutes a Claim.

Expense Advance means an advance payment of Expenses to Indemnitee pursuant to Section 3(a).

Examples of Expense Advance in a sentence

• Indemnitee’s written request for an Expense Advance shall include invoices received by Indemnitee in connection with such Expenses but, in the case of invoices in connection with legal services, any references to legal work performed or to expenditure made that would cause Indemnitee to waive any privilege accorded by applicable law are not required to be included with the invoice.

• The Sponsor entered into an Expense Advance Agreement (the “Expense Advance Agreement”) substantially in the form annexed as an exhibit to the Registration Statement pursuant to which the Sponsor has committed to fund the Company up to $1,750,000 for the Company’s expenses relating to investigating and selecting a Target Business and other working capital requirements prior to a Business Combination.

More Definitions of Expense Advance

Expense Advance means any payment of Expense advanced to Indemnitee by the Company pursuant to Section 4 or Section 5 hereof.

Expense Advance shall have the meaning specified in Section 2(b).

Expense Advance means a payment to Indemnitee of Expenses in advance of a Claim.

Expense Advance has the meaning provided in Section 2.2.

Expense Advance means any advance payment of Expenses to Indemnitee under or pursuant to this Agreement or as otherwise permitted under Nevada law.

Expense Advance has the meaning set forth in § 9.

Expense Advance means an advance payment of Expenses to Indemnitee pursuant to this Agreement.