Expense Advance definition

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

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

Examples of Expense Advance in a sentence

• Indemnitee’s obligation to reimburse the Company for any Expense Advance shall be unsecured and no interest shall be charged thereon.

• If so requested by Indemnitee, the Company shall advance (within two business days of such request) any and all Expenses to Indemnitee (an "Expense Advance").

• In the event that any claim for indemnity, whether an Expense Advance or otherwise, is made hereunder and is not paid in full within sixty (60) calendar days after written notice of such claim is delivered to the Vendor, the Agency may, but need not, at any time thereafter, bring suit against the Vendor to recover the unpaid amount of the claim (hereinafter “Enforcement Action”).

• Any such payment by the Company is referred to in this Agreement as an “Expense Advance.” In connection with any request for an Expense Advance, if requested by the Company, Indemnitee or Indemnitee’s counsel shall also submit an affidavit stating that the Expenses incurred were, or in the case of retainers to be incurred are, reasonably incurred.

• To close out an Expense Advance, travelers must submit all expenses in the University’s Travel and Expense System, “tying” the expenses to the approved advance in the system.

More Definitions of Expense Advance

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

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

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

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 means a payment to Indemnitee pursuant to Section 3 of Expenses in advance of the settlement of or final judgment in any action, suit, proceeding or alternative dispute resolution mechanism, hearing, inquiry or investigation which constitutes a Claim; provided however, that Indemnittee shall have no right to any payment of Expense Advances in the event Indemnitee pleads guilty to willful misconduct.

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

Expense Advance has the meaning provided in Section 2.2.