Common use of Benefit of Indemnities Clause in Contracts

Benefit of Indemnities. Lessee's obligations for indemnities, obligations, adjustments, and payments in ss. 9.1 or ss. 9.3 are expressly made for the benefit of, and shall be enforceable by, the Indemnitee or Tax Indemnitee entitled thereto, without declaring the Lease to be in default or taking other action thereunder.

Appears in 2 contracts

Samples: Participation Agreement (Amtran Inc), Participation Agreement (Amtran Inc)

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Benefit of Indemnities. Lessee's obligations for indemnities, obligations, adjustments, and payments in ss. 9.1 or ss. 9.3 are expressly made for the benefit of, and shall shAll be enforceable by, the Indemnitee or Tax Indemnitee entitled thereto, without declaring the Lease to be in default or taking other action thereunder, and notwithstanding any provision of the Mortgage.

Appears in 2 contracts

Samples: Participation Agreement (Amtran Inc), Participation Agreement (Amtran Inc)

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