Common use of Duration of Indemnity Clause in Contracts

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. The duration of Indemnitors' obligations hereunder shall cease upon (i) payment in full in cash of all Credit Party Obligations and the irrevocable termination of all commitments of the Lender Group Lenders to extend credit under the Loan Credit 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. The duration of Indemnitors' Indemnitor's obligations hereunder shall cease upon (i) payment in full in cash of all Credit Party Obligations and the irrevocable termination of all commitments of the Lender Group Lenders to extend credit under the Loan Credit Agreement and/or (ii) the release of the Deed of Trust; provided, however, however that Indemnitors' 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 Indemnitors' Indemnitor's 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' 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.