Disbursing Officer
Disbursing Officer. Shall mean the Chairman of the Board of the Corporation or, if the Chairman of the Board is a party to the Claim for which indemnification is being sought, any officer who is not a party to such Claim who is designated by the Chairman of the Board to be the Disbursing Officer with respect to indemnification requests related to the Claim, which designation shall be made promptly after receipt of the initial request for indemnification with respect to such Claim.
Disbursing Officer. The President of the Corporation or, if the President has a direct or indirect interest in the Claim for which indemnification is being sought, any officer who does not have such an interest and who is designated by the President to be the Disbursing Officer with respect to indemnification requests related to the Claim, which designation shall be made promptly after receipt of the initial request for indemnification with respect to such Claim.
Found in
STEWART ENTERPRISES INC contract
Disbursing Officer. The Treasurer of the Corporation or, if the Treasurer has a direct or indirect interest in the Claim for which indemnification is being sought, any officer who does not have such an interest and who is designated by the Chairman of the Board to be the Disbursing Officer with respect to indemnification requests related to the Claim, which designation shall be made promptly after receipt of the initial request for indemnification with respect to such Claim. 1
Found in
HORIZON OFFSHORE INC contract
Disbursing Officer. The President of the Corporation or, if the President is a party or threatened to be named a party to the Claim for which indemnification is being sought, any officer who is not a party or threatened to be named a party to the Claim and who is designated by the President to be the Disbursing Officer with respect to indemnification requests related to the Claim, which designation shall be made promptly and not more than 10 days after receipt of the initial request for indemnification with...
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Found in
STEWART ENTERPRISES INC contract
Disbursing Officer. The Chief Executive Officer of the Corporation or, if the Chief Executive Officer has an interest in the Claim for which indemnification is being sought, any officer who does not have such an interest and who is designated by the Chief Executive Officer to be the Disbursing Officer with respect to indemnification requests related to the Claim, which designation shall be made promptly after receipt of the initial request for indemnification with respect to such Claim.
Found in
PHI INC contract
Disbursing Officer. With respect to a Claim, the Chief Executive Officer of the Corporation or, if the Chief Executive Officer is a party to the Claim as to which advancement or indemnification is being sought, any officer who is not a party to the Claim and who is designated by the Chief Executive Officer, which designation shall be made promptly after the Corporation's receipt of Indemnitee's initial request for advancement or indemnification and communicated to Indemnitee.
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CenturyLink Inc contract