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 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 by the Collateral. The indemnity obligations of 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: Loan First Lien Security Agreement (Par Petroleum Corp/Co), 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 each Grantor 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.
Appears in 2 contracts
Samples: Membership Interests (Par Petroleum Corp/Co), Membership Interests (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 each Grantor the Pledgors contained in Section 6.3 (Indemnity) this section 9 shall continue in full force and effect notwithstanding the full payment of all the Notes and 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 of credit issued under the Credit Agreementdischarge thereof.
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