Conditions to Expense Advance. The Company’s obligation to provide an Expense Advance is subject to the following conditions: 2.2.1. UNDERTAKING If the Proceeding arose in connection with Indemnitee’s service as a director or officer of the Company (and not in any other capacity in which Indemnitee rendered service, including service to any Related Company), then Indemnitee or Indemnitee’s representative shall have executed and delivered to the Company an undertaking, which need not be secured and shall be accepted without reference to Indemnitee’s financial ability to make repayment, by or on behalf of Indemnitee, to repay all Expense Advances if it shall ultimately be determined by a final, unappealable decision rendered by a court having jurisdiction over the parties that Indemnitee is not entitled to be indemnified by the Company.
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Sources: Indemnification Agreement (Colombia Clean Power & Fuels, Inc), Indemnification Agreement (Colombia Clean Power & Fuels, Inc)
Conditions to Expense Advance. The Company’s 's obligation to provide an Expense Advance is subject to the following conditions:
2.2.1(i) Undertaking. UNDERTAKING If the Proceeding arose in connection with Indemnitee’s 's service as a director or officer of the Company (and not in any other capacity in which Indemnitee rendered service, including service to any Related Company), then Indemnitee or Indemnitee’s his or her representative shall have executed and delivered to the Company an undertaking, which need not be secured and shall be accepted without reference to Indemnitee’s 's financial ability to make repayment, by or on behalf of Indemnitee, Indemnitee to repay all Expense Advances if and to the extent that it shall ultimately be determined by a final, unappealable decision rendered by a court having jurisdiction over the parties and the question that Indemnitee is not entitled to be indemnified by the Companyfor such Expense Advance under this Agreement or otherwise.
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Sources: Indemnification Agreement (Celebrate Express, Inc.)
Conditions to Expense Advance. The Company’s obligation to provide an Expense Advance is subject to the following conditions:
2.2.1. UNDERTAKING If the Proceeding arose in connection with Indemnitee’s service as a director or officer of the Company (and not in any other capacity in which Indemnitee rendered service, including service to any Related Company), then Indemnitee or Indemnitee’s representative shall have executed and delivered to the Company an undertaking, which need not be secured and shall be accepted without reference to Indemnitee’s financial ability to make repayment, by or on behalf of Indemnitee, to repay all Expense Advances if it shall ultimately be determined by a final, unappealable decision rendered by a court having jurisdiction over the parties Company that Indemnitee is not entitled to be indemnified by the Company.
Appears in 1 contract
Conditions to Expense Advance. The Company’s 's obligation to ----------------------------- provide an Expense Advance is subject to the following conditions:
2.2.1(i) Undertaking. UNDERTAKING If the Proceeding arose in connection with ----------- Indemnitee’s 's service as a director or an officer of the Company (and not in any other capacity in which Indemnitee rendered service, including service to any Related Company), then Indemnitee or Indemnitee’s 's representative shall have executed and delivered to the Company an undertaking, which need not be secured and shall be accepted without reference to Indemnitee’s 's financial ability to make repayment, by or on behalf of Indemnitee, Indemnitee to repay all Expense Advances if it shall ultimately be determined by a final, unappealable decision rendered by a court having jurisdiction over the parties that Indemnitee is not entitled to be indemnified by the Companyunder this Agreement or otherwise.
Appears in 1 contract
Conditions to Expense Advance. The Company’s 's obligation to provide an Expense Advance is subject to the following conditions:
2.2.1. UNDERTAKING Undertaking If the Proceeding arose in connection with Indemnitee’s 's service as a director or an officer of the Company (and not in any other capacity in which Indemnitee rendered service, including service to any Related Company), then Indemnitee or Indemnitee’s his representative shall have executed and delivered to the Company an undertaking, which need not be secured and shall be accepted without reference to Indemnitee’s 's financial ability to make repayment, by or on behalf of Indemnitee, Indemnitee to repay all Expense Advances if and to the extent that it shall ultimately be determined by a final, unappealable decision rendered by a court having jurisdiction over the parties and the question that Indemnitee is not entitled to be indemnified by the Companyfor such Expense Advance under this Agreement or otherwise.
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Sources: Indemnification Agreement (Targeted Genetics Corp /Wa/)
Conditions to Expense Advance. The Company’s 's obligation to provide an Expense Advance is subject to the following conditions:
2.2.1. UNDERTAKING Undertaking If the Proceeding arose in connection with Indemnitee’s 's service as a director or officer of the Company (and not in any other capacity in which Indemnitee rendered service, including service to any Related Company), then Indemnitee or Indemnitee’s 's representative shall have executed and delivered to the Company an undertaking, which need not be secured and shall be accepted without reference to Indemnitee’s 's financial ability to make repayment, by or on behalf of Indemnitee, to repay all Expense Advances if it shall ultimately be determined by a final, unappealable decision rendered by a court having jurisdiction over the parties that Indemnitee is not entitled to be indemnified by the Company.
Appears in 1 contract
Conditions to Expense Advance. The Company’s 's obligation to provide an Expense Advance is subject to the following conditions:
2.2.1. UNDERTAKING Undertaking If the Proceeding arose in connection with Indemnitee’s 's service as a director or an officer of the Company (and not in any other capacity in which Indemnitee rendered service, including service to any Related Company), then Indemnitee or Indemnitee’s 's representative shall have executed and delivered to the Company an undertaking, which need not be secured and shall be accepted without reference to Indemnitee’s 's financial ability to make repayment, by or on behalf of Indemnitee, Indemnitee to repay all Expense Advances if it shall ultimately be determined by a final, unappealable decision rendered by a court having jurisdiction over the parties that Indemnitee is not entitled to be indemnified by the Companyunder this Agreement or otherwise.
Appears in 1 contract
Conditions to Expense Advance. The Company’s 's obligation to provide an Expense Advance is subject to the following conditions:
2.2.1. UNDERTAKING Undertaking If the Proceeding arose in connection with Indemnitee’s 's service as a director or and/or officer of the Company (and not in any other capacity in which Indemnitee rendered service, including service to any Related Company), then Indemnitee or Indemnitee’s his representative shall have executed and delivered to the Company an undertaking, which need not be secured and shall be accepted without reference to Indemnitee’s 's financial ability to make repayment, by or on behalf of Indemnitee, Indemnitee to repay all Expense Advances if and to the extent that it shall ultimately be determined by a final, unappealable decision rendered by a court having jurisdiction over the parties and the question that Indemnitee is not entitled to be indemnified by the Companyfor such Expense Advance under this Agreement or otherwise.
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