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 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. 9.2.1 The Warranties of the Parties shall survive the Completion as follows:
9.2.1.1. Category 1 Warranties shall have no expiry;
9.2.1.2. subject to Section 9.2.1.3 below, Category 2 and Category 3 Warranties expire on the one year anniversary of the Completion Date, provided, however, if a specific written claim for indemnity has been delivered to the Indemnifying Party on or before such expiry date, said claim shall survive until resolution thereof.
9.2.1.3. with respect to the Warranties contained in Section 3.1.18, 3.1.23, 3.1.24, 3.1.25, 3.1.26 and 3.1.27 (to the extent related to a claim by a Governmental Authority) which shall expire 30 days after the expiry of the last appeal period from the relevant tribunal.
9.2.2 Other than for Claims that have been made prior to such date, the Sellers’ indemnification obligations under Sections 9.1.3(C) and 9.1.3(D) shall expire 30 days after the date on which the statute of limitations would expire for claims under Peruvian Tax or environmental laws, as applicable.
Duration of Indemnity. The duration of the Indemnities hereunder shall be indefinite; provided however, that Indemnitors shall not indemnify Lender for any losses, liabilities, damages, injuries, expenses or costs related to or involving Hazardous Materials placed or disposed of on the Property after Lender acquires title to the Property through foreclosure or deed-in-lieu of foreclosure; so long as (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 in form and substance acceptable to Lender from an environmental consultant acceptable to Lender showing no violation of Hazardous Material Laws or the presence of any Hazardous Materials on the Property or (b) in the case of a default under the Note and the foreclosure of the mortgage or a deed by the Borrower in lieu of foreclosure, 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 or transfer (the "Cut-off Date"); provided that, if prior to the Cut-off Date, Lender has notified Indemnitors of any claim or demand which Lender has determined is or could become the subject of indemnification of Lender under the Agreement, then, to the maximum extent permitted by law, the Indemnities under this Agreement shall survive the Cut-off Date only as to such claim or demand of which Indemnitors have been so notified. Notwithstanding the above, the further liability of Indemnitors under this Agreement shall be limited to those Indemnities occurring during or prior to the Borrower's ownership of the Property and shall not be construed to impose liability on the Indemnitors for damages occurring after the date of foreclosure or sale or such earlier date if the Lender becomes a mortgagee in possession.
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. 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.
Duration of Indemnity. The duration of the Indemnities hereunder shall be for the period during which any amounts are outstanding under the Loan or the Note.
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 not be construed to impose any liability on Indemnitor for loss or damage resulting from any Hazardous Material first placed on the Property after Bank shall have become owner of the Property, but shall be fully applicable to conditions existing both before and after Bank became owner of the Property.
