Common use of Effect of Other Indemnities; Subrogation; Further Assurances Clause in Contracts

Effect of Other Indemnities; Subrogation; Further Assurances. Upon the payment in full by Lessee of any indemnity provided for under this Agreement, Lessee, without any further action and to the full extent permitted by Law, will be subrogated to all rights and remedies of the person indemnified (other than with respect to any of such Indemnitee's insurance policies or in connection with any indemnity claim such Indemnitee may have under Section 5.03 or Article VII of the Trust Indenture or Section 5.3 or 7 of the Trust Agreement) in respect of the matter as to which such indemnity was paid. Each Indemnitee will give such further assurances or agreements and cooperate with Lessee to permit Lessee to pursue such claims, if any, to the extent reasonably requested by Lessee and at Lessee's expense.

Appears in 10 contracts

Samples: Participation Agreement (Continental Airlines Inc /De/), Participation Agreement (Continental Airlines Inc /De/), Participation Agreement (Continental Airlines Inc /De/)

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Effect of Other Indemnities; Subrogation; Further Assurances. Upon the payment in full by Lessee of any indemnity provided for under this Agreement, Lessee, without any further action and to the full extent permitted by Law, will be subrogated to all rights and remedies of the person indemnified (other than with respect to any of such Indemnitee's insurance policies or in connection with any indemnity claim such Indemnitee may have under Section 5.03 or Article VII 7.01 of the Trust Indenture or Section 5.3 or 7 of the Trust Agreement) in respect of the matter as to which such indemnity was paid. Each Indemnitee will give such further assurances or agreements and cooperate with Lessee to permit Lessee to pursue such claims, if any, to the extent reasonably requested by Lessee and at Lessee's expense.

Appears in 5 contracts

Samples: Participation Agreement (Continental Airlines Inc /De/), Participation Agreement (Continental Airlines Inc /De/), Participation Agreement (Continental Airlines Inc /De/)

Effect of Other Indemnities; Subrogation; Further Assurances. Upon the payment in full by or on behalf of Lessee of any indemnity provided for under this Agreement, Lessee, without any further action and to the full extent permitted by Law, Lessee will be subrogated to all rights and remedies of the person Person indemnified (other than with respect to any of such Indemnitee's insurance policies or in connection with any indemnity claim of such Indemnitee may have under Section 5.03 or Article VII of the Trust Indenture or Section ss. 5.3 or ss. 7 of the Trust Agreement) in respect of the matter as to which such indemnity was paid. Each Indemnitee will give such further assurances or agreements and cooperate with Lessee to permit Lessee to pursue any such claims, if any, to the extent reasonably requested by Lessee and at Lessee's expense.

Appears in 2 contracts

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

Effect of Other Indemnities; Subrogation; Further Assurances. Upon the payment in full by or on behalf of Lessee of any indemnity provided for under this Agreement, Lessee, without any further action and to the full extent permitted by Law, Lessee will be subrogated to all rights and remedies of the person Person indemnified (other than with respect to any of such Indemnitee's insurance policies or in connection with any indemnity claim of such Indemnitee may have under Section ss. 5.03 or Article VII ss. 7 of the Trust Indenture Mortgage or Section ss. 5.3 or ss. 7 of the Trust Agreement) in respect of the matter as to which such indemnity was paid. Each Indemnitee will give such further assurances or agreements and cooperate with Lessee to permit Lessee to pursue any such claims, if any, to the extent reasonably requested by Lessee and at Lessee's expense.

Appears in 2 contracts

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

Effect of Other Indemnities; Subrogation; Further Assurances. Upon the payment in full by Lessee of any indemnity provided for under this Agreement, Lessee, without any further action and to the full extent permitted by Law, will be subrogated to all rights and remedies of the person indemnified (other than with respect to any of such Indemnitee's ’s insurance policies or in connection with any indemnity claim such Indemnitee may have under Section 5.03 or Article VII 7.01 of the Trust Indenture or Section 5.3 or 7 of the Trust Agreement) in respect of the matter as to which such indemnity was paid. Each Indemnitee will give such further assurances or agreements and cooperate with Lessee to permit Lessee to pursue such claims, if any, to the extent reasonably requested by Lessee and at Lessee's ’s expense.

Appears in 1 contract

Samples: Participation Agreement (Continental Airlines Inc /De/)

Effect of Other Indemnities; Subrogation; Further Assurances. Upon the payment in full by or on behalf of Lessee of any indemnity provided for under this Agreement, Lessee, without any further action and to the full extent permitted by Law, Lessee will be subrogated to all rights and remedies of the person Person indemnified (other than with respect to any of such Indemnitee's insurance policies or in connection with any indemnity claim of such Indemnitee may have under Section (S) 5.03 or Article VII of the Trust Indenture Mortgage or Section (S) 5.3 or (S) 7 of the Trust Agreement) in respect of the matter as to which such indemnity was paid. Each Indemnitee will give such further assurances or agreements and cooperate with Lessee to permit Lessee to pursue any such claims, if any, to the extent reasonably requested by Lessee and at Lessee's expense.

Appears in 1 contract

Samples: Note Purchase Agreement (Airtran Holdings Inc)

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Effect of Other Indemnities; Subrogation; Further Assurances. Upon the payment in full by Lessee of any indemnity provided for under this Agreement, Lessee, without any further action and to the full extent permitted by Law, will be subrogated to all rights and remedies of the person indemnified (other than with respect to any of such Indemnitee's insurance policies or in connection with any indemnity claim such Indemnitee may have under Section 5.03 or Article VII of the Trust Indenture or Section 5.3 or 7 of the Trust Agreement) in respect 63 -58- of the matter as to which such indemnity was paid. Each Indemnitee will give such further assurances or agreements and cooperate with Lessee to permit Lessee to pursue such claims, if any, to the extent reasonably requested by Lessee and at Lessee's expense.

Appears in 1 contract

Samples: Participation Agreement (Atlas Air Inc)

Effect of Other Indemnities; Subrogation; Further Assurances. Upon the payment in full by Lessee of any indemnity provided for under this Agreement, Lessee, without any further action and to the full extent permitted by Law, will be subrogated to all rights and remedies of the person indemnified (other than with respect to any of such Indemnitee's insurance policies or in connection with any indemnity claim such Indemnitee may have under Section 5.03 or Article VII of the Trust Indenture or Section 5.3 or 7 of the Trust Agreement) in respect re- spect of the matter as to which such indemnity was paid. Each Indemnitee will give such further assurances or agreements and cooperate with Lessee to permit Lessee to pursue such claims, if any, to the extent reasonably requested by Lessee and at Lessee's expense.

Appears in 1 contract

Samples: Participation Agreement (Atlas Air Inc)

Effect of Other Indemnities; Subrogation; Further Assurances. Upon the payment in full by Lessee of any indemnity provided for under this Agreement, Lessee, without any further action and to the full extent permitted by Law, will be subrogated to all rights and remedies of the person indemnified (other than with respect to any of such Indemnitee's insurance policies or in connection with any indemnity claim such Indemnitee may have under Section 6.3 of the Security Agreement or Section 5.03 or Article VII of the Trust Indenture or Section 5.3 or 7 7.01 of the Trust Agreement) in respect of the matter as to which such indemnity was paid. Each Indemnitee will give such further assurances or agreements and cooperate with Lessee to permit Lessee to pursue such claims, if any, to the extent reasonably requested by Lessee and at Lessee's expense.

Appears in 1 contract

Samples: Lease Agreement (Republic Airways Holdings Inc)

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