Certificates; Survival of Indemnity Sample Clauses

Certificates; Survival of Indemnity. A certificate of Lender as to the amount of payment or additional interest due under Sections 2.10 and 2.11 shall be rebuttably presumed to be correct in the absence of manifest error, and Borrower shall pay Lender during the pendency of any dispute all amounts specified in such certificate. Lender will, on request, provide evidence supporting the certificate. Determination of amounts payable under Sections 2.10 and 2.11 in connection with a LIBOR Borrowing shall be calculated as though Lender funded the LIBOR Borrowing through the purchase of a deposit of the type, maturity and amount corresponding to the deposit used as a reference in determining the amount payable which is applicable to the Borrowing. Unless otherwise provided in this Agreement, the amount specified in the certificate shall be payable five (5) Business Days after Lender's mailing of the certificate by certified mail. The obligations under Sections 2.10 and 2.11 shall survive payment of the Loan and termination of this Agreement.
AutoNDA by SimpleDocs
Certificates; Survival of Indemnity. A certificate of a Lender ----------------------------------- as to the amount due under Sections 2.11 or 2.12 hereof shall be conclusively presumed to be correct in the absence of manifest error, and the Borrower shall pay such Lender all amounts specified in such certificate. Such Lender will, on request, provide evidence supporting said certificate. Determination of amounts payable under such Sections in connection with a Borrowing shall be calculated (to the extent that such calculation is applicable to the determination of the amounts payable) as though the Lender funded its Pro Rata Share of the actual or anticipated Borrowing through the purchase of a deposit of the type, maturity and amount corresponding to the deposit used as a reference in determining the Rate Option applicable to the Borrowing. Unless otherwise provided herein, the amount specified in the certificate shall be payable within thirty (30) days of demand by such Lender, which demand shall include such certificate if such certificate was not theretofore delivered to the Borrower. The obligations under Sections 2.11 and 2.12 hereof shall survive payment of the Loan and termination of this Agreement.
Certificates; Survival of Indemnity. A certificate of the Lender ----------------------------------- as to the amount due under Sections 2.11, 2.12 or 2.13 hereof shall be conclusively presumed to be correct in the absence of manifest error, and the Borrower shall pay the Lender or such participant all amounts specified in such certificate. The Lender shall provide the certificate, whether the amount specified is due to it or to a participant of the Loan, and the Lender will, or will cause such participant of the Loan to, on request, provide evidence to the Borrower supporting such certificate. Determination of amounts payable under such Sections in connection with a Variable Rate Borrowing shall be calculated (to the extent that such calculation is applicable to the determination of the amounts payable) and due and payable if and only if the Lender or such participant funded its share of the actual or anticipated Variable Rate Borrowing through the purchase of a deposit of the type, maturity and amount corresponding to the deposit used in determining the LIBOR applicable to the Variable Rate Borrowing. Unless otherwise provided herein, the amount specified in the certificate shall be payable within thirty (30) days of demand by the Lender, which demand shall include such certificate if such certificate was not theretofore delivered to the Borrower. The obligations under Sections 2.11, 2.12 and 2.13 hereof shall survive re-payment of the Loan and termination of this Agreement.

Related to Certificates; Survival of Indemnity

  • Survival of Indemnity The indemnification provided by this Agreement shall be a continuing right to indemnification and shall survive the registration and sale of any Registerable Securities by any person entitled to indemnification hereunder and the expiration or termination of this Agreement.

  • Lender Statements; Survival of Indemnity To the extent reasonably possible, each Lender shall designate an alternate Lending Installation with respect to its Eurodollar Loans to reduce any liability of the Borrower to such Lender under Sections 3.1, 3.2 and 3.5 or to avoid the unavailability of Eurodollar Advances under Section 3.3, so long as such designation is not, in the judgment of such Lender, disadvantageous to such Lender. Each Lender shall deliver a written statement of such Lender to the Borrower (with a copy to the Agent) as to the amount due, if any, under Section 3.1, 3.2, 3.4 or 3.5. Such written statement shall set forth in reasonable detail the calculations upon which such Lender determined such amount and shall be final, conclusive and binding on the Borrower in the absence of manifest error. Determination of amounts payable under such Sections in connection with a Eurodollar Loan shall be calculated as though each Lender funded its Eurodollar Loan through the purchase of a deposit of the type and maturity corresponding to the deposit used as a reference in determining the Eurodollar Rate applicable to such Loan, whether in fact that is the case or not. Unless otherwise provided herein, the amount specified in the written statement of any Lender shall be payable on demand after receipt by the Borrower of such written statement. The obligations of the Borrower under Sections 3.1, 3.2, 3.4 and 3.5 shall survive payment of the Obligations and termination of this Agreement.

  • Survival of Indemnities All indemnities and other provisions relative to reimbursement to the Lenders of amounts sufficient to protect the yield of the Lenders with respect to the Loans and Letters of Credit, including, but not limited to, Sections 8.1, 8.4, 10.4 and 10.13 hereof, shall survive the termination of this Agreement and the other Loan Documents and the payment of the Obligations.

  • Additional Matters; Survival of Indemnities (a) The indemnity and contribution agreements contained in this Article VIII shall remain operative and in full force and effect, regardless of (i) any investigation made by or on behalf of any Indemnitee; (ii) the knowledge by the Indemnitee of Indemnifiable Losses for which it might be entitled to indemnification or contribution hereunder; and (iii) any termination of this Agreement.

  • Survival of Indemnification Notwithstanding any contrary provision contained in this Agreement, any election hereunder or any termination of this Agreement, and whether or not this Agreement is otherwise carried out, the provisions of Section 5 shall remain in full force and effect and shall not be in any way affected by, such election or termination or failure to carry out the terms of this Agreement or any part hereof.

  • SURVIVAL OF INDEMNITIES, REPRESENTATIONS, WARRANTIES, ETC The respective indemnities, covenants, agreements, representations, warranties and other statements of the Company and the several Underwriters, as set forth in this Agreement or made by them respectively, pursuant to this Agreement, shall remain in full force and effect, regardless of any investigation made by or on behalf of any Underwriter, the Company or any person controlling any of them and shall survive delivery of and payment for the Stock. Notwithstanding any termination of this Agreement, including without limitation any termination pursuant to Section 8 or Section 10, the indemnities, covenants, agreements, representations, warranties and other statements forth in Sections 2, 5, 7 and 9 and Sections 11 through 21, inclusive, of this Agreement shall not terminate and shall remain in full force and effect at all times.

  • Survival of Indemnification Obligations The provisions of this Article 13 shall survive the expiration or termination of this Agreement.

  • Survival of Indemnities, Contribution, Warranties and Representations The respective indemnity and contribution agreements of the Company and the Underwriter contained in Sections 7 and 8 hereof, and the representations and warranties of the Company contained herein shall remain operative and in full force and effect, regardless of any termination or cancellation of this Agreement or any investigation made by or on behalf of the Underwriter, the Company or any of its directors and officers, or any controlling person referred to in said Sections, and shall survive the delivery of, and payment for, the Shares.

  • Survival of Agreements, etc Each of the representations and warranties (as of the date(s) made or deemed made), covenants, waivers, releases and other agreements and obligations of each Party contained in this Agreement: (a) shall be absolute, irrevocable and unconditional, irrespective of (among other things) (i) the validity, legality, binding effect or enforceability of any of the other terms and provisions of this Agreement or any other agreement (if any) between the Parties, or (ii) any other act, circumstance or other event described in this Section; (b) shall survive and remain and continue in full force and effect in accordance with their respective terms and provisions following and without regard to (i) the execution and delivery of this Agreement and each other agreement (if any) between the Parties and the performance of any obligation of such Party hereunder or thereunder, (ii) any waiver, modification, amendment or restatement of any other term or provision of this Agreement or any other agreement (if any) between the Parties (except as and to the extent expressly modified by the terms and provisions of any such waiver, modification, amendment or restatement), (iii) any full, partial or non-exercise of any of the rights, powers, privileges, remedies and interests of a Party or any SGRP Company under this Agreement, any other agreement (if any) between the Parties or Applicable Law against such other Party or any other person or with respect to any obligation of such Party, which exercise or enforcement may be delayed, discontinued or otherwise not pursued or exhausted for any or no reason whatsoever, or which may be waived, omitted or otherwise not exercised or enforced (whether intentionally or otherwise), (iv) any extension, stay, moratorium or statute of limitations or similar time constraint under any Applicable Law, (v) any pledge, assignment, sale, conveyance or other transfer by the Company (in whole or in part) to any other person of this Agreement or any other agreement (if any) between the Parties or any one or more of the rights, powers, privileges, remedies or interests of the Company therein, (vi) any act or omission on the part of the Company, any SGRP Company, any of their respective Representatives or any other person, (vii) any termination or other departure of the Employee from his or her employment, whether for cause or otherwise, or any dispute involving any aspect of such employment; or (viii) any other act, event, or circumstance that otherwise might constitute a legal or equitable counterclaim, defense or discharge of a contracting party, co-obligor, guarantor, pledgor or surety; in each case without notice to or further assent from the Employee or any other person (except for such notices or consents as may be expressly required to be given to such Party under this Agreement or any other agreement (if any) between the Parties); (c) shall not be subject to any defense, counterclaim, setoff, right of recoupment, abatement, reduction or other claim or determination that the Employee may have against the Company, any SGRP Company or SPAR Affiliate, any of their respective Representatives or any other person; (d) shall not be diminished or qualified by the death, disability, dissolution, reorganization, insolvency, bankruptcy, custodianship or receivership of Party or any other person, or the inability of any of them to pay its debts or perform or otherwise satisfy its obligations as they become due for any reason whatsoever; and (e) with respect to any provision expressly limited to a period of time, shall remain and continue in full force and effect (i) through the specific time period(s) and (ii) thereafter with respect to events or circumstances occurring prior to the end of such time period(s).

  • Manner of Indemnification Any claims for indemnification under this Article III shall be made in the manner set forth in Section 6.05 and Section 6.06 and are subject to the provisions set forth in Sections 6.07, 6.08 and 6.09.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!