Common use of Undertakings Clause in Contracts

Undertakings. Indemnitee shall qualify for advances upon the execution and delivery to the Company of this Agreement, which constitutes an undertaking whereby Indemnitee promises to repay any amounts advanced if and to the extent that it shall ultimately be determined that Indemnitee is not entitled to indemnification by the Company.

Appears in 16 contracts

Sources: Indemnification Agreement (Akoya Biosciences, Inc.), Indemnification Agreement (Freightos LTD), Indemnification Agreement (ECP Environmental Growth Opportunities Corp.)

Undertakings. Indemnitee shall qualify for advances upon the execution and delivery to the Company of this Agreement, which constitutes an undertaking whereby Indemnitee promises to repay any amounts advanced if and to advances in the extent that it event there shall ultimately be determined a final determination that Indemnitee is not entitled to indemnification by the Company.

Appears in 7 contracts

Sources: Indemnification Agreement (GT Biopharma, Inc.), Indemnification Agreement (Connecture Inc), Indemnification Agreement (Q2 Holdings, Inc.)

Undertakings. Indemnitee shall qualify for advances upon the execution and delivery to the Company of this Agreement, which constitutes an undertaking whereby Indemnitee promises to repay any amounts advanced if and to the extent that it shall ultimately be determined that Indemnitee is not entitled to indemnification by the Company. No other undertaking shall be required.

Appears in 1 contract

Sources: Indemnification Agreement (Everi Holdings Inc.)

Undertakings. Indemnitee shall qualify for advances upon the execution and delivery to the Company of this Agreement, which constitutes an undertaking whereby Indemnitee promises to repay any amounts advanced if and to advances in the extent that it event there shall ultimately be determined a final determination that Indemnitee is not entitled to indemnification by the Company. No other undertaking shall be required unless required by Delaware law.

Appears in 1 contract

Sources: Indemnification Agreement (Netlist Inc)

Undertakings. Indemnitee shall qualify for advances upon the execution and delivery to the Company of this Agreement, which constitutes an undertaking whereby Indemnitee promises to repay any amounts advanced if and to advances in the extent that it event there shall ultimately be determined a final determination that Indemnitee is not entitled to indemnification by the Company. No additional undertaking, or security, shall be required of Indemnitee.

Appears in 1 contract

Sources: Indemnification Agreement (Neothetics, Inc.)

Undertakings. The Indemnitee shall qualify for advances only upon the execution and delivery to the Company of this Agreement, which constitutes an undertaking whereby Indemnitee promises to repay any amounts advanced if and to the extent there is a final determination that it shall ultimately be determined establishes that Indemnitee is not entitled to indemnification be indemnified by the Company, as set forth in 9(a) above.

Appears in 1 contract

Sources: Indemnification Agreement (Lpath, Inc)