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Common use of Indemnity Payment Clause in Contracts

Indemnity Payment. Upon the occurrence of any of the events set forth in Section 8.1, SPE unconditionally agrees to pay Lender, upon written demand, the Indemnified Amount.

Appears in 4 contracts

Sources: Loan and Security Agreement (Cooperative Computing Inc /De/), Loan and Security Agreement (Cooperative Computing Inc /De/), Master Loan and Security Agreement (Cooperative Computing Inc /De/)

Related Clauses

  • Indemnity Payments
  • Indemnification Payment
  • Indemnification Payments
  • Treatment of Indemnity Payments
  • Tax Treatment of Indemnity Payments

Parent Clauses

  • Indemnification
  • Definitions
  • Indemnities Insurance First Loss
  • SURVIVAL; POST-CLOSING OBLIGATIONS
  • Prevailing Wage and Apprenticeship Requirements

Sub-Clauses

  • Notices
  • Counterparts
  • Severability
  • Death
  • Additional Conditions to the Obligations of Buyer
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