Common use of Benefit of Indemnities Clause in Contracts

Benefit of Indemnities. Borrower’s obligations for indemnities, obligations, adjustments, and payments in Section 9.1 or Section 9.3 are expressly made for the benefit of, and shall be enforceable by, the Indemnitee or Tax Indemnitee entitled thereto as and to the extent provided herein, notwithstanding any provision of the Mortgage.

Appears in 7 contracts

Samples: Loan Agreement (Airtran Holdings Inc), Loan Agreement (Airtran Holdings Inc), Loan Agreement (Airtran Holdings Inc)

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Benefit of Indemnities. Borrower’s obligations for indemnities, obligations, adjustments, and payments in Section 9.1 10(a) or Section 9.3 10(c) are expressly made for the benefit of, and shall be enforceable by, the Indemnitee or Tax Indemnitee entitled thereto as and to the extent provided herein, notwithstanding any provision of the MortgageSecurity Agreement, including Sections 2.3(a) and (b) thereof.

Appears in 3 contracts

Samples: Credit Agreement (Airtran Holdings Inc), Credit Agreement (Airtran Holdings Inc), Credit Agreement (Airtran Holdings Inc)

Benefit of Indemnities. Borrower’s obligations for indemnities, obligations, adjustments, and payments in Section 9.1 10(a) or Section 9.3 10(c) are expressly made for the benefit of, and shall be enforceable by, the Indemnitee or Tax Indemnitee entitled thereto as and to the extent provided herein, notwithstanding any provision of the MortgageSecurity Agreement.

Appears in 2 contracts

Samples: Credit Agreement (Airtran Holdings Inc), Credit Agreement (Airtran Holdings Inc)

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Benefit of Indemnities. Borrower’s obligations for indemnities, obligations, adjustments, and payments in Section 9.1 or Section 9.3 are expressly made for the benefit of, and shall be enforceable by, the Indemnitee or Tax Indemnitee entitled thereto as and to the extent provided herein, notwithstanding any provision of the MortgageMortgage(s).

Appears in 1 contract

Samples: Loan Agreement (Airtran Holdings Inc)

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