Transferee Indemnities. Each Loan Participant shall be entitled to the benefits of Sections 2.11 and 2.12 of the Loan Agreement with respect to its participation in the Certificates, Notes and Loans outstanding from time to time; provided, that no Loan Participant in respect of its participation shall be entitled to receive any greater amount pursuant to such Sections than the transferor Lender would have been entitled to receive in respect of the amount of the participation in the Notes and/or Certificates transferred by such transferor Lender to such Loan Participant had no such transfer of a participation occurred.
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Samples: Participation Agreement (Electric Lightwave Inc), Participation Agreement (Electric Lightwave Inc), Participation Agreement (Electric Lightwave Inc)
Transferee Indemnities. Each Loan Participant shall be entitled to the benefits of Sections 2.11 and 2.12 of the Loan Agreement with respect to its Notes or participation in the Certificates, Notes and Loans outstanding from time to time; provided, that no Loan Participant in respect of its participation shall be entitled to receive any greater amount pursuant to such Sections than the transferor Lender would have been entitled to receive in respect of the amount of the Notes or participation in the Notes and/or Certificates transferred by such transferor Lender to such Loan Participant had no such transfer of a or participation occurred.
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Samples: Participation Agreement (Genesis Health Ventures Inc /Pa)
Transferee Indemnities. Each purchasing Participant and Loan Participant shall be entitled to the benefits of Sections 2.11 and 2.12 of the Loan Agreement with respect to its Notes or participation in the Certificates, Notes and Loans outstanding from time to time; providedPROVIDED, that no Loan Participant in respect of its participation shall be entitled to receive any greater amount pursuant to such Sections than the transferor Lender would have been entitled to receive in respect of the amount of the Notes or participation in the Notes and/or Certificates transferred by such transferor Lender to such Loan Participant had no such transfer of a or participation occurred.
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Transferee Indemnities. Each purchasing Participant and Loan Participant shall be entitled to the benefits of Sections 2.11 and 2.12 of the Loan Agreement with respect to its Notes or participation in the Certificates, Notes and Loans outstanding from time to time; provided, that no Loan Participant in respect of its participation shall be entitled to receive any greater amount pursuant to such Sections than the transferor Lender would have been entitled to receive in respect of the amount of the Notes or participation in the Notes and/or Certificates transferred by such transferor Lender to such Loan Participant had no such transfer of a or participation occurred.
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