Right of indemnity Sample Clauses

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;
AutoNDA by SimpleDocs
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
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. Obligations as Trustee 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. Provision of Trust Documents 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. The Company shall protect, defend, indemnify and hold Silleroy 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 attorneysfees and other costs or expenses incurred in connection with the defense of any actual or threatened action, proceeding or claim.
Right of indemnity. 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 applicable law.
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;
AutoNDA by SimpleDocs
Right of indemnity. The Organisation represents and warrants that:
Right of indemnity. Principal of indemnity operates between principal debtor and surety where principal debtor becomes implied indemnifier and surety becomes implied indemnity holder. Therefore, surety can make principal debtor answerable for all sufferings.
Right of indemnity. The right of ARENA to be indemnified under this clause 17 is in addition to, and not exclusive of, any other right, power or remedy provided by law, but ARENA is not entitled to be compensated in excess of the amount of the relevant Loss.
Time is Money Join Law Insider Premium to draft better contracts faster.