Common use of Right of Indemnitee to Indemnification Upon Application; Procedure Upon Application Clause in Contracts

Right of Indemnitee to Indemnification Upon Application; Procedure Upon Application. Any indemnification or advance under Paragraphs 3, 4 and/or 6 shall be made no later than 21 days after receipt of the written request of Indemnitee.

Appears in 1 contract

Sources: Indemnification Agreement (Trans Lux Corp)

Right of Indemnitee to Indemnification Upon Application; Procedure Upon Application. Any indemnification or advance under Paragraphs 3, 4 and/or 6 shall be made no later than 21 days after receipt of the written request of Indemnitee., unless a determination is made within said 21 day period by (1) the Board of Directors

Appears in 1 contract

Sources: Indemnification Agreement (Trans Lux Corp)