Unconditional. This Agreement is absolute and unconditional and the obligations of the Indemnitor and the Companies will not be affected, discharged, impaired, mitigated or released by (a) any extension of time, indulgence or modification that the Indemnitee may extend or make with any person making any Claim against the Indemnitee in connection with the Companies or as a director or officer of the Companies or (b) the discharge or release of the Indemnitee in any bankruptcy, insolvency, receivership or other proceedings of creditors.
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Samples: Side Indemnity Agreement (Telesat Canada), Indemnity Agreement (Loral Space & Communications Inc.)
Unconditional. (a) This Agreement is absolute and unconditional and the obligations of the Indemnitor and the Companies Corporation will not be affected, discharged, impaired, mitigated or released by (a) any extension of time, indulgence or modification that the Indemnitee may extend or make with any person making any Claim against the Indemnitee in connection with the Companies threatening or as a director or officer of the Companies commencing an Action, or (b) the discharge or release of the Indemnitee in any bankruptcy, insolvency, receivership or other proceedings of creditors.
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Unconditional. This Agreement is absolute and unconditional and the obligations of the Indemnitor and the Companies will not be affected, discharged, impaired, mitigated or released by (a) any extension of time, indulgence or modification that the Indemnitee MT or Appointee may extend or make with any person making any Claim against the Indemnitee MT or Appointee in connection with the Companies or as a director or officer of the Companies or (b) the discharge or release of the Indemnitee MT or Appointee in any bankruptcy, insolvency, receivership or other proceedings of creditors.
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Samples: Acknowledgement and Indemnity Agreement (Loral Space & Communications Inc.)
Unconditional. This Agreement is absolute and unconditional and the obligations of the Indemnitor and the Companies will not be affected, discharged, impaired, mitigated or released by (a) any extension of time, indulgence or modification that the Indemnitee may extend or make with any person making any Claim against the Indemnitee in connection with the Companies or as a director or officer of the Companies or (b) the discharge or release of the Indemnitee in any bankruptcy, insolvency, receivership or other proceedings of creditors.
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