Duration of Indemnity. This indemnity in this Section 5 shall continue until and terminate upon the later of: (a) ten years after the Director has ceased to occupy any of the positions or have any relationships described in Section 5 of this Agreement, and (b) the final termination of all pending or threatened actions, suits, proceedings or investigations to which the Director may be subject by reason of the fact that he is or was a director, officer, employee or agent of the Company or is or was serving at the request of the Company as a director, officer, employee or agent of any other entity, including, but not limited to, another corporation, partnership, joint venture or trust, or by reason of any act or omission by him in any such capacity. The indemnification provided under this Agreement shall continue as to the Director even though he may have ceased to be a director, officer, employee or agent of the Company. This Agreement shall be binding upon the Company and its successors and assigns and shall inure to the benefit of the Director and his spouse, successors, assigns, heirs, devisees, executors, administrators or other legal representatives.
Duration of Indemnity. The duration of Indemnitors' obligations hereunder shall cease upon (i) payment in full in cash of all Obligations and the irrevocable termination of all commitments of the Lender Group to extend credit under the Loan Agreement and/or (ii) the release of the Deed of Trust; provided, however, that Indemnitors' obligations with respect to Sections 5 and 9 shall not cease until the expiration of the statute of limitations period applicable to the subject matter of the underlying claim.
Duration of Indemnity. 9.2.1 The Warranties of the Parties shall survive the Completion as follows:
Duration of Indemnity. The duration of Indemnitor's obligations hereunder shall cease upon repayment of the Notes and/or the release of the Deed of Trust; provided, however, that Indemnitor's obligations with respect to Sections 5 and 9 shall not cease until the expiration of the statute of limitations period applicable to the subject matter of the underlying claim.
Duration of Indemnity. The duration of the indemnification hereunder shall be indefinite unless (a) in the case of payment of the Note, Borrower delivers to Lender, after payment of the principal, interest and all other amounts due under the Note, an environmental report from an environmental consultant acceptable to Lender showing neither any violation of Hazardous Material Laws nor the presence of any Hazardous Materials on the Property (other than Hazardous Materials in quantities and of types reasonably and customarily associated with general office use that are stored, used and disposed of in compliance with Hazardous Material Law and do not require compliance with any reporting requirements under any Hazardous Material Law) and in all other respects acceptable in form and substance to Lender or (b) in the case of a foreclosure, trustee's sale, deed-in-lieu of foreclosure or payment of the Note in full, no notice of any violation of the Hazardous Material Laws or the presence of any Hazardous Materials on the Property has been received by the Borrower from Lender within five years after such foreclosure, trustee's sale, acceptance of a deed-in-lieu of foreclosure or payment of the Note in full (the "Cut-off Date"); provided that, if prior to the Cut-off Date, Lender has notified Indemnitor of any claim or demand which Lender has determined is or could become the subject of indemnification of Lender under this Agreement, then, to the maximum extent permitted by law, the indemnification under this Agreement shall survive the Cut-off Date only as to such claim or demand of which Indemnitor has been so notified. Notwithstanding the above, this Agreement shall not be construed to impose liability on the Indemnitor for Hazardous Materials placed, released or disposed of on the property through no fault of Borrower, Indemnitor or its respective agents, employees or contractors after the date of (i) foreclosure, (ii) trustee's sale, (iii) the acceptance by Lender of a deed in lieu of foreclosure or (iv) a transfer approved by Lender conditional upon Lender's receipt of (1) a written certificate from the Borrower that the Borrower has no notice or knowledge of any violation of the Hazardous Material Laws or the presence of any Hazardous Materials on the Property prior to such transfer and (2) an Environmental Indemnity Agreement in Lender's then current standard form executed by the approved transferee.
Duration of Indemnity. Interiors shall be entitled to indemnification by CSL for Interiors Losses, and CSL shall be entitled to indemnification by Interiors for CSL Losses in respect of a breach of any of the respective representations or warranties made by CSL or Interiors hereunder, only in respect of claims for which notice of claim shall have been given on or before June 30, 2000.
Duration of Indemnity. The provisions of this Article 21 shall survive the termination of this Lease with respect to any damage, ------------------------ injury or death occurring prior to such termination.
Duration of Indemnity. This covenant survives for the Term notwithstanding whether Exelixis has been released and discharged or whether GSK becomes the owner of the Collateral.
Duration of Indemnity. This Agreement shall pertain to a period of time commencing on the date hereof and shall apply to any claim, demand or charge contemplated by this Agreement made or asserted at any time. This Agreement shall not be limited to any extent by the term of the Loan and shall continue, survive and remain in full force and effect notwithstanding foreclosure under the Mortgage or delivery of a deed in lieu of foreclosure. The provisions of this Agreement shall be deemed to survive issuance of a certificate of title and shall continue in full force and effect after any foreclosure or other proceeding by which Lender, its successors and assigns, succeed to ownership of the Property; provided, however, that the indemnity obligations under this Agreement shall apply only to conditions on the Property existing prior to the date of Lender’s ownership of the Property. This Agreement and the indemnity obligations hereunder shall terminate upon payment in full and satisfaction of the Note and Mortgage.
Duration of Indemnity. An Indemnity Claim may be made under Section 3.3(b) at any time until termination of this Agreement. An Indemnity Claim with respect to matters that are within the scope of Section 3.3(a) but outside the scope of Section 3.3(b) may not be initiated after the Project Completion Date.
