Asset of Party to Which Contribution is Owing. The Indemnitors acknowledge that the right to contribution hereunder shall constitute an asset in favor of the Indemnitor to which such contribution is owing.
Appears in 9 contracts
Samples: Pledge and Security Agreement (LaSalle Hotel Properties), Pledge and Security Agreement (LaSalle Hotel Properties), Guaranty and Contribution Agreement (LaSalle Hotel Properties)
Asset of Party to Which Contribution is Owing. The Indemnitors parties hereto acknowledge that the right rights to subrogation and contribution hereunder shall constitute an asset in favor of the Indemnitor party to which such subrogation or contribution is owing.
Appears in 3 contracts
Samples: Loan Agreement (Invacare Corp), Guaranty Agreement (Invacare Corp), Subrogation and Contribution Agreement (BMG North America LTD)
Asset of Party to Which Contribution is Owing. The Indemnitors --------------------------------------------- acknowledge that the right to contribution hereunder shall constitute an asset in favor of the Indemnitor to which such contribution is owing.
Appears in 3 contracts
Samples: Credit Agreement (American General Hospitality Corp), Credit Agreement (American General Hospitality Corp), Environmental Indemnification Agreement (Lasalle Hotel Properties)
Asset of Party to Which Contribution is Owing. The Indemnitors parties hereto acknowledge that the right to contribution hereunder shall constitute an asset in favor of the Indemnitor party to which such contribution Contribution is owing.
Appears in 2 contracts
Samples: Guaranty and Pledge Agreement (Guilford Mills Inc), Security and Pledge Agreement (Guilford Mills Inc)
Asset of Party to Which Contribution is Owing. The Indemnitors acknowledge Each of the parties hereto acknowledges that the right to contribution hereunder shall constitute an asset in favor of the Indemnitor Contributor to which such contribution is owing.
Appears in 1 contract
Samples: Contribution Agreement (Inland American Real Estate Trust, Inc.)
Asset of Party to Which Contribution is Owing. The --------------------------------------------- Indemnitors acknowledge that the right to contribution hereunder shall constitute an asset in favor of the Indemnitor to which such contribution is owing.
Appears in 1 contract
Samples: Management Agreement (American General Hospitality Corp)
