Common use of Advance of Expenses Clause in Contracts

Advance of Expenses. Expenses incurred by the Indemnitee in connection with any Proceeding, except the amount of any settlement, shall be paid by the Company in advance upon request of the Indemnitee that the Company pay such Expenses. The Indemnitee hereby undertakes to repay to the Company the amount of any Expenses theretofore paid by the Company to the extent that it is ultimately determined that such Expenses were not reasonable or that the Indemnitee is not entitled to indemnification.

Appears in 16 contracts

Samples: Indemnification Agreement (Music123, Inc.), Indemnification Agreement (Guitar Center Inc), Indemnification Agreement (Innovative Micro Technology Inc)

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Advance of Expenses. Expenses incurred by the Indemnitee in connection with any Proceeding, except the amount of any settlement, shall be paid by the Company in advance upon request of the Indemnitee that the Company pay such Expensesexpenses. The Indemnitee hereby undertakes to repay to the Company the amount of any Expenses theretofore paid by the Company to the extent that it is ultimately determined that such Expenses were not reasonable or that the Indemnitee is not entitled to indemnification.to

Appears in 6 contracts

Samples: Indemnification Agreement (Wyndham Hotel Corp), Indemnification Agreement (Wyndham Hotel Corp), Indemnification Agreement (Wyndham Hotel Corp)

Advance of Expenses. Expenses incurred by the Indemnitee in ------------------- connection with any Proceeding, except the amount of any settlement, shall be paid by the Company in advance upon request of the Indemnitee that the Company pay such Expenses. The Indemnitee hereby undertakes to repay to the Company the amount of any Expenses theretofore paid by the Company to the extent that it is ultimately determined that such Expenses were not reasonable or that the Indemnitee is not entitled to indemnification.

Appears in 4 contracts

Samples: Indemnification Agreement (Eoexchange Inc/Ca), Indemnification Agreement (Drkoop Com), Indemnification Agreement (Vicinity Corp)

Advance of Expenses. Expenses incurred by the Indemnitee in connection with any Proceeding, except the amount of any settlement, shall be paid by the Company Indemnitor in advance upon request of the Indemnitee that the Company Indemnitor pay such Expenses. The Indemnitee hereby undertakes to repay to the Company Indemnitor the amount of any Expenses theretofore paid by the Company Indemnitor to the extent that it is ultimately determined that such Expenses were not reasonable or that the Indemnitee is not entitled to indemnification.

Appears in 3 contracts

Samples: Securities Purchase Agreement (RAIT Financial Trust), Trustee Indemnification Agreement (RAIT Financial Trust), Indemnification Agreement (Resource Asset Investment Trust)

Advance of Expenses. Expenses incurred by the Indemnitee in connection with any Proceeding, except the amount of any settlement, shall be paid by the Company in advance upon request of the Indemnitee that the Company pay such Expensesexpenses. The Indemnitee hereby undertakes to repay to the Company the amount of any Expenses theretofore paid by the Company to the extent that it is is, ultimately determined that such Expenses were not reasonable or that the Indemnitee is not entitled to indemnification.

Appears in 2 contracts

Samples: Form of Indemnification Agreement (Westwood Holdings Group Inc), Indemnification Agreement (Neon Systems Inc)

Advance of Expenses. Expenses incurred by the Indemnitee in connection with any Proceeding, except the amount of any settlement, shall be paid by the Company in advance promptly upon request of the Indemnitee that the Company pay such Expensesexpenses. The Indemnitee hereby undertakes to repay to the Company the amount of any Expenses theretofore paid by the Company to the extent that it is ultimately and finally determined that such Expenses were not reasonable or that the Indemnitee is not entitled to indemnification.

Appears in 2 contracts

Samples: Indemnification Agreement (Carreker Corp), Indemnification Agreement (Carreker Corp)

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Advance of Expenses. Expenses incurred by the Indemnitee in connection with any ProceedingClaim, except the amount of any settlement, shall be paid by the Company in advance upon request of the Indemnitee that the Company pay such Expenses. The Indemnitee hereby undertakes to repay to the Company the amount of any Expenses theretofore paid by the Company to the extent that it is ultimately determined that such Expenses were not reasonable or that the Indemnitee is not entitled to indemnification. Indemnitee’s obligation to repay the Company shall be unsecured and no interest shall be charged thereon.

Appears in 1 contract

Samples: Indemnification Agreement (Nuco2 Inc /Fl)

Advance of Expenses. Expenses incurred by the Indemnitee in connection with any Proceeding, except the amount of any settlement, shall be paid by the Company in advance upon request of the Indemnitee that the Company pay such Expenses. The Indemnitee hereby undertakes to repay to the Company the amount of any Expenses theretofore paid by the Company to the extent that it is ultimately determined that such Expenses were not reasonable or that the Indemnitee is not entitled to indemnification.hereby

Appears in 1 contract

Samples: Indemnification Agreement (Financial Pacific Insurance Group Inc)

Advance of Expenses. Expenses incurred by the Indemnitee in connection with any Proceeding, except the amount of any settlement, shall be paid by the Company in advance upon request of the Indemnitee that the Company pay such Expensesexpenses. The Indemnitee hereby undertakes to repay to the Company the amount of any Expenses theretofore paid by the Company to the extent that it is ultimately determined that such Expenses were not reasonable or that the Indemnitee is not entitled to indemnification.that

Appears in 1 contract

Samples: Indemnification Agreement (Wyndham Hotel Corp)

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