Contributor Indemnification Payment definition

Contributor Indemnification Payment shall have the meaning assigned to such term in Section 2.06(b) of the Contribution Agreement.
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Examples of Contributor Indemnification Payment in a sentence

  • The Company shall have no further remedy against the Contributor in respect of such a Contributor Indemnification Event unless the Contributor fails to make a Contributor Indemnification Payment on or prior to such 10th Business Day or on such earlier day in accordance with the proviso set forth in this subsection 2.06(b).

  • Following the payment of a Contributor Indemnification Payment, the Company shall pay to the Contributor all Collections received subsequent to such payment with respect to the Contributed Receivable in respect of which a Contributor Indemnification Payment is made.

  • The amount of such indemnification shall be equal to the original Principal Amount of such Receivable less Collections received by the Company in respect of such Receivable (the "Contributor Indemnification Payment").

  • Upon receiving a Contributor Indemnification ------------------ Payment, the Company shall automatically agree to pay to the Contributor all Collections received subsequent to such payment with respect to the Receivable in respect of which a Contributor Indemnification Payment is made.

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  • The amount of such indemnification shall be equal to the original Principal Amount of such Contributed Receivable less Collections received by the Company in respect of such Contributed Receivable (the "Contributor Indemnification Payment").

Related to Contributor Indemnification Payment