Common use of FUNDS AVAILABLE FOR INDEMNITY Clause in Contracts

FUNDS AVAILABLE FOR INDEMNITY. The obligations of the Issuer under this clause 12 shall be payable solely to the extent that funds are available from time to time for that purpose under clause 6 of the Supplementary Bond Terms.

Appears in 11 contracts

Samples: Top Up Funding Facility Agreement (Me Portfolio Management LTD), Facility Agreement (Me Portfolio Management LTD), Top Up Funding Facility Agreement (Me Portfolio Management LTD)

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FUNDS AVAILABLE FOR INDEMNITY. The obligations of the Issuer under this clause 12 shall be payable solely to the extent that funds are available from time to time for that purpose under clause 6 7 of the Supplementary Bond Terms.

Appears in 4 contracts

Samples: Funding Facility Agreement (Me Portfolio Management LTD), Funding Facility Agreement (Me Portfolio Management LTD), Funding Facility Agreement (Me Portfolio Management LTD)

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FUNDS AVAILABLE FOR INDEMNITY. The obligations of the Issuer under this clause 12 shall be payable solely to the extent that funds are available from time to time for that purpose under clause 6 of the Supplementary Bond Terms. 12.4 Negligence, wilful default or breach of law The indemnities in this clause 12 do not extend to any liability, loss, cost, charge or expense that is finally and judicially determined to result from any negligence, wilful default or breach of law by the other parties to this agreement.

Appears in 1 contract

Samples: Top Up Funding Facility Agreement (Me Portfolio Management LTD)

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