Indemnity Obligations Secured by Collateral; Survival. Any amounts paid by any Indemnitee as to which such Indemnitee has the right to reimbursement shall constitute obligations secured by the Collateral. The indemnity obligations of the Pledgor contained in Section 6.3 (Indemnity) shall continue in full force and effect notwithstanding the full payment of all of the other Obligations and notwithstanding the full payment of all the Notes issued, and Loans made, under the Credit Agreement, and the termination of all letters of credit issued under the Credit Agreement.
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Samples: Membership Interests First Lien Pledge Agreement (Par Petroleum Corp/Co), Membership Interests Second Lien Pledge Agreement (Par Petroleum Corp/Co)
Indemnity Obligations Secured by Collateral; Survival. Any amounts paid by any Indemnitee as to which such Indemnitee has the right to reimbursement shall constitute obligations secured by the Collateral. The indemnity obligations of the Pledgor each Grantor contained in Section 6.3 6.7 (Indemnity) shall continue in full force and effect notwithstanding the full payment of all of the other Obligations and notwithstanding the full payment of all the Notes issued, and Loans made, under the Credit Agreement, and the termination of all letters of credit issued under the Credit Agreement.
Appears in 2 contracts
Samples: Abl Loan First Lien Security Agreement (Par Petroleum Corp/Co), Abl Loan Second Lien Security Agreement (Par Petroleum Corp/Co)
Indemnity Obligations Secured by Collateral; Survival. Any amounts paid by any Indemnitee as to which such Indemnitee has the right to reimbursement shall constitute obligations secured by the Collateral. The indemnity obligations of the Pledgor each Grantor contained in Section 6.3 (Indemnity) shall continue in full force and effect notwithstanding the full payment of all of the other Obligations and notwithstanding the full payment of all the Notes issued, and Loans made, under the Credit Agreement, and the termination of all letters of credit issued under the Credit Agreement.
Appears in 2 contracts
Samples: Inventory First Lien Security Agreement (Par Petroleum Corp/Co), Inventory Second Lien Security Agreement (Par Petroleum Corp/Co)
Indemnity Obligations Secured by Collateral; Survival. Any amounts paid by any Indemnitee as to which such Indemnitee has the right to reimbursement shall constitute obligations Secured Obligations secured by the Collateral. The indemnity obligations of the Pledgor Assignors contained in this Section 6.3 (Indemnity) 6 shall continue in full force and effect notwithstanding the full full, final, and indefeasible payment and performance of all of the other Obligations and notwithstanding Secured Obligations, the full payment termination of all the Notes issued, and Loans made, under the Credit Agreementeach Lender's Commitment, and the termination reduction of all letters the Letter of credit issued under the Credit AgreementObligations to zero.
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Indemnity Obligations Secured by Collateral; Survival. Any Subject to Section 10.8 hereof, any amounts paid by any Indemnitee as to which such Indemnitee has the right to reimbursement shall constitute obligations Secured Obligations secured by the Collateral. The indemnity obligations of the Pledgor each Debtor contained in Section 6.3 (Indemnity) this Article IX shall continue in full force and effect notwithstanding the full payment of all of the other Secured Obligations and notwithstanding the full payment of all the Notes issued, and Loans made, under the Credit Agreement, and the termination of all letters Credit Documents and Letters of credit issued under Credit, and notwithstanding the Credit Agreementdischarge thereof.
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