Form of Undertaking. Any obligation to repay any Expense Advances hereunder pursuant to a written undertaking by the Indemnified Person shall be unsecured and may be accepted without reference to financial ability to make the repayment and no interest shall be charged thereon.
Appears in 5 contracts
Sources: Indemnification Agreement (National American University Holdings, Inc.), Indemnification Agreement (Martek Biosciences Corp), Indemnification Agreement (American Public Education Inc)
Form of Undertaking. Any obligation to repay any Expense Advances hereunder pursuant to a written undertaking by the Indemnified Person Indemnitee shall be unsecured and may unsecured, shall be accepted without reference to the financial ability of the Indemnitee to make the repayment and no interest shall be charged thereon.
Appears in 4 contracts
Sources: Indemnification Agreement (Westpoint International Inc), Indemnification Agreement (Xo Communications Inc), Indemnification Agreement (Xo Communications Inc)
Form of Undertaking. Any obligation to repay any Expense Advances hereunder pursuant to a written undertaking by the Indemnified Person shall be unsecured and may be accepted without reference to financial ability to make the repayment and no interest shall be charged thereon.
Appears in 3 contracts
Sources: Indemnification Agreement (Silicon Energy Corp), Indemnification Agreement (Omnisky Corp), Indemnification Agreement (Liquor Com Inc)