Right of indemnity you have the right of indemnity against the assets of the trust under the Trust Deed and there has not, and will not be, any breach of trust or any other action that will prevent you from enforcing your rights under that indemnity;
Right of indemnity. (i) you have the right to be indemnified out of the Trust assets in relation to any liability arising under or in connection with the proper performance of your rights and obligations under this Agreement; and
(ii) the Trust assets are sufficient to satisfy that right in full; and
(iii) you have not released or disposed of your equitable lien over the Trust assets;
Right of indemnity. The Manager shall be indemnified out of the relevant Trust in respect of any liability, cost or expense properly incurred by it in its capacity as Manager of the relevant Trust.
Right of indemnity. The Service Provider agrees to exercise the Service Provider’s right of indemnity from the trust fund and the beneficiaries of the trust in respect of the Service Provider’s obligations under this Agreement. The Service Provider agrees to observe the Service Provider’s obligations as trustee of the trust and to ensure that: the Service Provider is not removed or replaced as trustee; the trust is not terminated or the trust deed varied; the Service Provider’s right of indemnity from the trust fund is not impaired or restricted in any way; the Service Provider’s ability to observe the Service Provider’s obligations under this agreement is not impaired or restricted in any way; and the trust fund is not mixed with other property. The Service Provider agrees to, on request by MLA, provide MLA with copies of the trust deed and any other documents constituting or relating to the trust.
Right of indemnity. Upon and subject to the terms and conditions hereof, the Corporation will indemnify and save harmless the Indemnified Party and the Indemnitees from and against all Liabilities, to the fullest extent authorized and permitted by applicable law.
Right of indemnity. The Company shall protect, defend, indemnify and hold Xxxxxxx harmless to the fullest extent permitted by Delaware law from and against any liability, loss, expense, damage or injury suffered or sustained by reason of any acts, omissions, or alleged acts or omissions arising out of his activities on behalf of the Company or in furtherance of the interests of the Company, including, but not limited to, any judgment, award, settlement, reasonable attorneys’ fees and other costs or expenses incurred in connection with the defense of any actual or threatened action, proceeding or claim.
Right of indemnity. (i) it has a right to be fully indemnified out of the property the subject of the Trust in relation to the obligations under each Loan Document to which it is expressed to be a party; and (ii) it has not committed any breach of trust or done or omitted to do anything which has prejudiced or limited its rights of indemnity or equitable lien;
Right of indemnity. CONSUMER CREDIT CODE
(a) (TRUSTEE TO BE INDEMNIFIED AGAINST PENALTY PAYMENTS): Without prejudice to the right of indemnity given by law to trustees, and without limiting any other provision of this Deed, the Trustee will be indemnified out of the Series Trust, free of any set-off or counterclaim, against all Penalty Payments which the Trustee is required to pay personally or in its capacity as trustee of the Series Trust and arising in connection with the performance of its duties or exercise of its powers under this Deed in relation to the Series Trust.
(b) (INDEMNITY NOT AFFECTED): The Trustee's right to be indemnified in accordance with clause 30.2
(a) applies notwithstanding any allegation that the Trustee incurred such Penalty Payment as a result of its negligence, fraud or wilful default or any other act or omission which may otherwise disentitle the Trustee to be so indemnified. However, the Trustee is not entitled to that right of indemnity to the extent that there is a determination by a relevant court of negligence, fraud or wilful default by the Trustee (provided that, until such determination, the Trustee is entitled to that right of indemnity but must, upon such determination, repay to the Series Trust any amount paid to it under this clause 30.2). The Trustee may rely on others in relation to compliance with the Consumer Credit Code.
(c) (OVERRIDES OTHER PROVISIONS): This clause 30.2 overrides any other provision of this Deed.
(d) (SERVICER TO INDEMNIFY PRIOR TO A PERFECTION OF TITLE EVENT): The Servicer indemnifies the Trustee in relation to the Series Trust, free of any set-off or counterclaim, against all Penalty Payments which the Trustee is required to pay personally or in its capacity as trustee of the Series Trust and arising in connection with the performance of its duties or exercise of its powers under this Deed in relation to the Series Trust where the events giving rise to the Penalty Payment occurs prior to a Perfection of Title Event.
(e) (SERVICER TO INDEMNIFY AFTER A PERFECTION OF TITLE EVENT): The Servicer indemnifies the Trustee in relation to the Series Trust, free of any set-off or counterclaim, against all Penalty Payments which the Trustee is required to pay 119 personally or in its capacity as trustee of the Series Trust and arising in connection with the performance of its duties or exercise of its powers under this Deed in relation to the Series Trust to the extent that they arise as the result of a Servicer Default (...
Right of indemnity. (1) Upon and subject to the terms and conditions hereof, the Corporation will indemnify and save harmless the Indemnified Party and the Indemnified Party’s heirs and personal and other legal representatives from and against all Liabilities, to the fullest extent permitted by the Act. If the Indemnified Party is entitled under any provision of this Agreement to indemnification by the Corporation for a portion of any Liabilities in respect of a Claim related to an Eligible Event but not for the total amount thereof, the Corporation will nevertheless indemnify the Indemnified Party for the portion thereof to which the Indemnified Party is entitled.
(2) Upon and subject to the terms and conditions hereof, including Section 2.04, the Corporation will, upon receipt by the Corporation of a written demand by the Indemnified Party, promptly, and in any event, no more than 20 Business Days after receipt by the Corporation of such demand, make one or more Cost Advances to the Indemnified Party to the fullest extent permitted by the Act. Each such written demand will include (i) a written affirmation of the Indemnified Party’s good faith belief that the Indemnified Party is entitled to indemnification hereunder, together with particulars of the Costs to be covered by the proposed Cost Advance; provided that the Indemnified Party will not be required to provide any information to the extent that the provision thereof would waive solicitor-client privilege; and (ii) a written undertaking by the Indemnified Party to repay all Cost Advances if and to the extent that it is determined pursuant to a Final Judgment that the Indemnified Party is not entitled to indemnification hereunder or that the payment of such Costs is prohibited by applicable law. Such written undertaking to repay Cost Advances will be unsecured and no interest will be charged thereon.
(3) The Indemnified Party will repay to the Corporation, upon demand, Cost Advances (i) if and to the extent that it is determined by a Final Judgment that the Indemnified Party is not entitled to indemnification hereunder or that the payment of such Costs is prohibited by applicable law; (ii) if and to the extent that the Corporation has fully performed its obligations to the Indemnified Party under this Agreement with respect to the advance of Costs and other matters bearing on the ability of the Indemnified Party to protect his or her interests fully and effectively in the applicable Proceeding; and (iii) subject to any ...
Right of indemnity. The Company shall protect, defend, indemnify and hold Dye harmless to the fullest extent permitted by Delaware law from and against any liability, loss, expense, damage or injury suffered or sustained by reason of any acts, omissions, or alleged acts or omissions arising out of his activities on behalf of the Company or in furtherance of the interests of the Company, including, but not limited to, any judgment, award, settlement, reasonable attorneys’ fees and other costs or expenses incurred in connection with the defense of any actual or threatened action, proceeding or claim.
