Common use of Indemnification by the Holders With Respect to Section 2.05 Clause in Contracts

Indemnification by the Holders With Respect to Section 2.05. Without limiting the obligations of the Parent Issuer under any Note Document, each Holder hereby agrees to indemnify each other Holder (any such Holder, a “Harmed Holder”) for any and all liabilities, obligations, losses, damages, penalties, actions, judgments, suits, costs, expenses or disbursements of any kind or nature whatsoever which may at any time be imposed on, incurred by or asserted against any Harmed Holder in any way relating to or arising out of an action that would cause a breach by such Holder of Section 2.05 of this Agreement. The provisions of this Section 4.08 shall survive the payment in full of all the Obligations and the termination of this Agreement, all other Note Documents, and shall continue to apply to any Holder which ceases to be a Holder hereunder.

Appears in 2 contracts

Samples: Intercreditor Agreement (Manchester Financial Group, LP), Intercreditor Agreement (Navation, Inc.)

AutoNDA by SimpleDocs

Indemnification by the Holders With Respect to Section 2.05. Without limiting the obligations of the Parent Issuer Company under any Note Document, each Holder hereby agrees to indemnify each other Holder (any such Holder, a Harmed Holder) for any and all liabilities, obligations, losses, damages, penalties, actions, judgments, suits, costs, expenses or disbursements of any kind or nature whatsoever which may at any time be imposed on, incurred by or asserted against any Harmed Holder in any way relating to or arising out of an action that would cause a breach by such Holder of Section 2.05 of this Agreement. The provisions of this Section 4.08 shall survive the payment in full of all the Obligations and the termination of this Agreement, all other Note Documents, and shall continue to apply to any Holder which ceases to be a Holder hereunder.

Appears in 1 contract

Samples: Intercreditor Agreement (NextWave Wireless Inc.)

Indemnification by the Holders With Respect to Section 2.05. Without limiting the obligations of the Parent Issuer under any Note DocumentCompany hereunder, each Holder hereby agrees to indemnify each other Holder (any such Holder, a “Harmed Holder”) for any and all liabilities, obligations, losses, damages, penalties, actions, judgments, suits, costs, expenses or disbursements of any kind or nature whatsoever which may at any time be imposed on, incurred by or asserted against any Harmed Holder in any way relating to or arising out of an action that would cause a breach by such Holder of Section 2.05 of this Agreement. The provisions of this Section 4.08 shall survive the payment in full of all the Obligations and the termination of this Agreement, all other Note Documentsthe Security Agreement and the Senior Notes, and shall continue to apply to any Holder which ceases to be a Holder hereunder.

Appears in 1 contract

Samples: Collateral Agency and Intercreditor Agreement (Insite Vision Inc)

AutoNDA by SimpleDocs

Indemnification by the Holders With Respect to Section 2.05. Without limiting the obligations of the Parent Issuer under any Note Document, each Holder hereby agrees to indemnify each other Holder (any such Holder, a "Harmed Holder") for any and all liabilities, obligations, losses, damages, penalties, actions, judgments, suits, costs, expenses or disbursements of any kind or nature whatsoever which may at any time be imposed on, incurred by or asserted against any Harmed Holder in any way relating to or arising out of an action that would cause a breach by such Holder of Section 2.05 of this Agreement. The provisions of this Section 4.08 shall survive the payment in full of all the Obligations and the termination of this Agreement, all other Note Documents, and shall continue to apply to any Holder which ceases to be a Holder hereunder.

Appears in 1 contract

Samples: Intercreditor Agreement (NextWave Wireless Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!