Buyer Indemnity definition

Buyer Indemnity has the meaning set forth in Section 8.1(b).

Buyer Indemnity means the indemnity provided by Buyer in Section 7.4.2 hereof. Buyer Obligations shall mean all obligations of Buyer under this Agreement and the Transaction Documents, including, without limitation, the payment of the Purchase Price and the performance of all actions and transactions in connection therewith on and after the Closing Date. Buyer Securities shall have that meaning set forth in Schedule 2.0 hereto. Bylaws shall mean, each the bylaws or operating agreement of the applicable entity. Schedules to Membership Interest Purchase Agreement 2

Buyer Indemnity and "Buyer's Environmental Investigation", from the Date of Agreement through the Approval Date (the "Inspection Period"), Buyer shall have the right to conduct, at its own expense, an inspection of the Property to do the following:

Examples of Buyer Indemnity in a sentence

• Buyer shall indemnify, defend and save Seller harmless against any and all liability for Buyer Indemnity Costs arising out of or in any way connected with Buyer’s failure to disseminate such information.

• In the event of the occurrence of any event which any party asserts constitutes a Buyer Indemnity Claim or Seller Indemnity Claim, as applicable, the indemnified party shall provide the indemnifying party with prompt notice of such event, including, without limitation, any facts and circumstances which give rise to such claim, and shall otherwise make available to the indemnifying party all relevant information which is material to the claim and which is in the possession of the indemnified party.

• Since the Supreme Court’s unex- plained summary affirmance did not reveal whether one or both of those doctrines provided the grounds for its decision, it is impossible to determine what the Court “necessarily decided” in Sea Pak.

• If the employee is not satisfied with the Supervisor’s oral disposition of the complaint, he may request that the Supervisor send for the designated Committee Person for further discussion of the matter.

• BL and Buyer agree they will meet no less than annually for the purpose of examining the amounts set forth in the Escrow Fund and the amounts of Buyer Indemnity Claims and Litigation Costs expended from the Escrow, for the purpose of determining whether the amount of the Escrow Fund is more than sufficient to secure Buyer pursuant to the Indemnification Agreement.

More Definitions of Buyer Indemnity

Buyer Indemnity has the meaning set forth in Section 8.1(b). ---------------

Buyer Indemnity means an indemnification obligation pursuant to Section 7(c).

Buyer Indemnity has the meaning given to that term in Clause 8.2;

Buyer Indemnity means the indemnity provided by Buyer in Section 7.4.2 hereof. Buyer Obligations shall mean all obligations of Buyer under this Agreement and the Transaction Documents, including, without limitation, the payment of the Purchase Price and the performance of all actions and transactions in connection therewith on and after the Closing Date. Buyer Securities shall have that meaning set forth in Schedule 2.0 hereto. Bylaws shall mean, each the bylaws or operating agreement of the applicable entity. Schedules to Membership Interest Purchase Agreement 2 COBRA means the requirements of Part 6 of Subtitle B of Title I of ERISA and Code Section 4980B and of any similar state law.

Buyer Indemnity means the indemnity provided by Buyer in Section 6.4.2 hereof. Bylaws shall mean, each the bylaws or operating agreement of the applicable entity.

Buyer Indemnity means an indemnification obligation pursuant to Section 7(c). “Cap” has the meaning set forth in Section 7(f)(i).

Buyer Indemnity means an indemnity from Buyer’s Credit Enhancers in form and substance reasonably acceptable to Seller, agreeing to indemnify, defend and hold the Seller Guarantor Parties subject to any of the Loan Documents, any Ground Lease, any Franchise Agreement or any Hotel Management Agreements, as applicable, or any related Seller Guarantees, free and harmless from any and all obligations and liabilities thereunder first arising from and after the Closing Date, in each case, only to the extent (i) any such Loan Document, Ground Lease, Franchise Agreement or Hotel Management Agreement is assumed by Buyer or its Affiliate and/or (ii) the applicable Seller Guarantor Party is not released from such Seller Guarantee.