Borrower Indemnity definition

Borrower Indemnity has the meaning set forth in Section 9.10.

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Borrower Indemnity means in relation to a Borrower the indemnity given by that Borrower to the Working Capital Bank pursuant to Clause 6.8 in respect of a Bank Guarantee;

Borrower Indemnity means the indemnity agreement to be entered into by the Borrower, the Security SPV, the Owner Trust and CS, pursuant to which the Borrower will indemnify the Security SPV against any losses arising from claims made by the Finance Parties under the Security SPV Guarantee;

Examples of Borrower Indemnity in a sentence

Each Borrower acknowledges that upon payment of any amounts by Ex-Im Bank under the Ex-Im Bank Guarantee in relation to any of its Loans, Ex-Im Bank shall be subrogated (by way of an assignment, by operation of law or otherwise) to all of the rights of the Lenders in relation to the relevant Loan or Loans under the Operative Documents (excluding, for the avoidance of doubt, the Borrower Indemnity Agreement) to the extent set forth in the Ex-Im Bank Guarantee and in this Agreement.
The Borrower Indemnity is independent of and in addition to (i) any rights of any party hereto in connection with any Loss, and (ii) any other agreement, and shall survive the execution, modification, and amendment of this Agreement and the other Financing Documents, the expiration, cancellation, or termination of the Commitment, the disbursement and repayment of the Loan, and the provisions of any other indemnity.
Section 15.6 Mutilated, Destroyed, Lost and Stolen Notes 123124 Section 15.7 Persons Deemed Owners 123124 Section 15.8 Cancellation 124124 Section 15.9 Participations; Pledge 124125 Section 15.10 Reallocation of Advances 125126 Article XVI INDEMNIFICATION 125126 Section 16.1 Borrower Indemnity 125126 Section 16.2 Contribution 126127 Section 16.3 After-Tax Basis 127128 Article XVII MISCELLANEOUS 127128 Section 17.1 No Waiver; Remedies 127128 Section 17.2 Amendments, Waivers 127128 Section 17.3 Notices, Etc.
Section 16.1 Borrower Indemnity 149 Section 16.2 Waiver of Consequential Damages, Etc.
Immediately upon issuance of any Permitted F/X Contract or Permitted Spot Trade in accordance with this Section 2.12, each Lender shall be deemed to have irrevocably and unconditionally purchased and received without recourse or warranty, an undivided interest and participation in the credit support or enhancement provided through Foothill to the F/X Bank, equal to such Lender's Pro Rata Share of the Borrower Indemnity Amount.
If and whenever, at any time, the Head Lessor shall have become obliged to pay interest to any Guaranteed Lender under the Guaranteed Loan Agreement on an alternative basis pursuant to Section 7 of the Borrower Indemnity Agreement (“Alternative Basis”), the Lessee shall forthwith give or procure that the relevant Guaranteed Lender gives a copy of the report produced pursuant to such clauses to the Sublessee.
Norwest will provide such services so long as the total of the reserves does not exceed the Borrower Indemnity Amount (as defined in the Loan Documents).
Borrower Indemnity Regarding Filings 82 Section 9.1.5 Indemnification Procedure 83 Section 9.1.6 Contribution 83 Section 10.1. Notices 84 Section 10.2. Brokers and Financial Advisors 86 1404504.docx Section 10.3. Survival 86 Section 10.4. Preferences 86 Section 10.5. Waiver of Notice 87 Section 10.6. Offsets, Counterclaims and Defenses 87 Section 10.7. Publicity 87 Section 10.8. Construction of Documents 87 Section 10.9. No Third Party Beneficiaries 87 Section 10.10.
Section 16.1 Borrower Indemnity 157156 Section 16.2 Waiver of Consequential Damages, Etc.
The Security Trustee and/or the Facility Agent may require the Lessee to effect and to maintain (or procure) insurance after the end of the Term in respect of the Aircraft with respect to its liability under the indemnities under Section 10 of the Participation Agreement or under the Borrower Indemnity Agreement for such period as the Security Trustee or the Facility Agent, as the case may be, may require (but in any event not after the second anniversary of the end of such Term).

More Definitions of Borrower Indemnity

Borrower Indemnity means the counter indemnity agreement entered into or to be entered into between the Borrower and the Debt Guarantor on or about the Signature Date, in terms of which, inter alia, the Borrower indemnifies the Debt Guarantor against all and any claims made against it and/or costs, damages and/or losses it may suffer pursuant to issuing the Debt Guarantee, all on the terms and subject to the conditions contained therein;

Borrower Indemnity means, in relation to a Borrower, the indemnity given by that Borrower to the Issuing Bank and each Bank under Clause 4.12 (Bank Guarantee Request); and "Borrower Indemnities" shall be construed accordingly.

Borrower Indemnity means, in relation to a Borrower, the indemnity given by that Borrower to the Issuing Bank and each Bank under Clause 4.14 (Counter indemnity from the Borrowers); and "BORROWER INDEMNITIES" shall be construed accordingly.

Borrower Indemnity means that certain Indemnity Agreement of even date herewith executed by Borrower in favor or Bank,