Indemnity Amounts definition

Indemnity Amounts means any indemnification obligations payable by the Servicer pursuant to the Servicing Agreement, the Seller pursuant to the Sale Agreement or the Issuer pursuant to Section 6.07 of the Indenture.

Indemnity Amounts means any amounts paid by the Seller or the Servicer to the Bond Trustee, for itself or on behalf of the Transition Bondholders, pursuant to Section 5.01(b), 5.0l(c)(ii) and 5.01(e) of the Sale Agreement or Section 5.02(b) of the Servicing Agreement or by the Issuer to the Bond Trustee pursuant to Section 5.07 of this Indenture; provided, however, that Indemnity Amounts shall exclude Liquidated Damages paid pursuant to Section 5.01(c)(ii) of the Sale Agreement.

Indemnity Amounts means, collectively, all indemnity obligations and other amounts owing to the Administrative/Collateral Agent, any Agent, any Lender and/or any other Indemnified Party under Section 13.7, Article XVII or Section 18.4.

Examples of Indemnity Amounts in a sentence

• If the Company fails to indemnify or advance expenses to an Indemnitee as required or contemplated by this Agreement, and any Person makes any payment to such Indemnitee in respect of indemnification or advancement of expenses under any Other Indemnification Agreement on account of such Unpaid Indemnity Amounts, such other Person shall be subrogated to the rights of such Indemnitee under this Agreement in respect of such Unpaid Indemnity Amounts.

• The immediately preceding sentence shall apply notwithstanding the maximum Tax Indemnity Amounts set forth in Paragraph 3 of this Agreement, the limitations of Paragraph 9 of this Agreement or any other provision of this Agreement.

• Any payments required to be made by the Borrower under this Clause 6.5 (Tax Indemnity) are collectively referred to as Tax Indemnity Amounts.

• If the Lender intends to make a claim for any Tax Indemnity Amounts, it shall promptly notify the Borrower thereof.

• All Indemnity Amounts payable by the Company to the Indemnified Parties under this Agreement shall be paid free and clear of any deductions, withholdings, disputed set-offs, or disputed counterclaims, save only as may be required by applicable Law.

More Definitions of Indemnity Amounts

Indemnity Amounts means any amounts paid by the Transferor, the Seller or the Servicer, as applicable, to the Indenture Trustee, for itself or on behalf of the Environmental Control Bondholders, pursuant to Section 5.01(b), Section 5.01(c), Section 5.01(d) and Section 5.01(f) of the Transfer Agreement, Section 5.01(b), Section 5.01(c), Section 5.01(d) and Section 5.01(f) of the Sale Agreement or Section 5.02(b) and Section 5.02(d) of the Servicing Agreement or by the Issuer to the Indenture Trustee pursuant to Section 6.07 of the Indenture.

Indemnity Amounts means any indemnification obligations payable by PP&L pursuant to Section 5.01 of the Contribution Agreement or the Servicer pursuant to Section 5.01 of the Servicing Agreement, as applicable.

Indemnity Amounts means all indemnities and analogous payment due from the Issuer under Section 2.08, Section 5.02, and/or Section 7.08 of this Agreement.

Indemnity Amounts means the amount which the Insureds become legally obligated to pay on account of a Claim, other than a Voluntary Compliance Notice, including damages, punitive damages, the multiple portion of any multiplied damage award, judgments, any award of pre-judgment or post-judgment interest, costs and fees awarded pursuant to judgments and settlement amounts but shall not include:

Indemnity Amounts means any indemnification obligations payable by the Servicer pursuant to any Servicing Agreement, the Seller pursuant to any Sale Agreement or the Issuer pursuant to Section 6.07 of the Indenture.

Indemnity Amounts. Defined in Section 2.4.

Indemnity Amounts shall be those amounts deemed to be due to the Buyer as indemnification pursuant to the provisions of Section 12.1 hereof and, at the option of the Buyer, amounts in respect of Employment Claims pursuant to Section 6.12. The Escrow Agent shall promptly pay the Indemnity Amounts out of the Indemnity Escrow Account to the Buyer in accordance with Section 12.1 hereof and the Indemnity Escrow Agreement. The aggregate Indemnity Amounts payable pursuant to Section 12.1 hereof may exceed the amount of cash deposited by the Buyer on behalf of the Seller in the Indemnity Escrow Account or the face amount of the Indemnity Letter of Credit deposited therein, as the case may be.