Common use of Indemnity and Subrogation Clause in Contracts

Indemnity and Subrogation. In addition to all such rights of indemnity and subrogation as the Guarantor may have under applicable law (but subject to Section 4 hereof), the Company agrees that (i) in the event a payment shall be made on behalf of the Company by the Guarantor hereunder, the Company shall indemnify the Guarantor for the full amount of such payment and the Guarantor shall be subrogated to the rights of the person to whom such payment shall have been made to the extent of such payment, and (ii) in the event any assets of the Guarantor shall be sold to satisfy a claim of any Guaranteed Party hereunder, the Company shall indemnify the Guarantor in an amount equal to the greater of the book value or the fair market value of the assets so sold.

Indemnity and Subrogation. In addition to all such rights of indemnity and subrogation as the Guarantor Guarantors may have under applicable law (but subject to Section 4 hereof7), the Company Borrower agrees that (ia) in the event a payment shall be made on behalf of the Company by the any Guarantor hereunderunder this Agreement, the Company Borrower shall indemnify the such Guarantor for the full amount of such payment and the such Guarantor shall be subrogated to the rights of the person to whom such payment shall have been made to the extent of such payment, payment and (iib) in the event any assets of the any Guarantor shall be sold to satisfy a claim of any Guaranteed Party hereunderunder this Agreement, the Company Borrower shall indemnify the such Guarantor in an amount equal to the greater of the book value or the fair market value of the assets so sold.

Indemnity and Subrogation. In addition to all such rights of indemnity and subrogation as the Guarantor Guarantors may have under applicable law (but subject to Section 4 hereof1.07 above), the Company agrees that (i) in the event if a payment shall be made on behalf of the Company by the any Guarantor hereunderunder this Agreement, the Company shall indemnify the such Guarantor for the full amount of such payment and the such Guarantor shall be subrogated to the rights of the person to whom such payment shall have been made to the extent of such payment, payment and (ii) in the event if any assets of the any Guarantor shall be sold pursuant to any Collateral Document to satisfy a claim of any Guaranteed Party hereunderSecured Party, the Company shall indemnify the such Guarantor in an amount equal to the greater of the book value or the fair market value of the assets so sold.

Indemnity and Subrogation. In addition to all such rights of indemnity and subrogation as the Guarantor Guarantors may have under applicable law Law (but subject to Section 4 hereof1.06), the Company Borrower agrees that (i) in the event a payment shall be made on behalf of the Company by the any Guarantor hereunderunder this Agreement, the Company Borrower shall indemnify the such Guarantor for the full amount of such payment and the such Guarantor shall be subrogated to the rights of the person to whom such payment shall have been made to the extent of such payment, payment and (ii) in the event any assets of the any Guarantor shall be sold pursuant to any Collateral Document to satisfy a claim of any Guaranteed Party hereunderFinance Party, the Company Borrower shall indemnify the such Guarantor in an amount equal to the greater of the book value or the fair market value of the assets so sold.

Indemnity and Subrogation. In addition to all such rights of indemnity and subrogation as the Guarantor Guarantors may have under applicable law (but subject to Section 4 hereof6), the Company Borrower agrees that (ia) in the event a payment shall be made on behalf of the Company by the any Guarantor hereunderunder this Agreement, the Company Borrower shall indemnify the such Guarantor for the full amount of such payment and the such Guarantor shall be subrogated to the rights of the person to whom such payment shall have been made to the extent of such payment, payment and (iib) in the event any assets of the any Guarantor shall be sold to satisfy a claim of any Guaranteed Party hereunderunder this Agreement, the Company Borrower shall indemnify the such Guarantor in an amount equal to the greater of the book value or the fair market value of the assets so sold.

Indemnity and Subrogation. In addition to all such rights of indemnity and subrogation as the Guarantor may have under applicable law (but subject to Section 4 hereof6), the Company Borrower agrees that (ia) in the event a payment shall be made on behalf of the Company by the any Guarantor hereunderunder this Agreement, the Company Borrower shall indemnify the such Guarantor for the full amount of such payment and the such Guarantor shall be subrogated to the rights of the person to whom such payment shall have been made to the extent of such payment, payment and (iib) in the event any assets of the any Guarantor shall be sold to satisfy a claim of any Guaranteed Secured Party hereunderunder this Agreement, the Company Borrower shall indemnify the such Guarantor in an amount equal to the greater of the book value or the fair market value of the assets so sold.