Existing Indemnity definition

Existing Indemnity means any previous agreement between the Beneficiary and Prudential relating to the subject matter of this Deed, including any indemnity previously given by Prudential to any Beneficiary Family Member in respect of any of the matters covered by this Deed;
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Examples of Existing Indemnity in a sentence

  • The Existing Collateral Agent hereby assigns and transfers to the Collateral Agent, its successors and assigns, all of the Existing Collateral Agent’s right, title, and interest, as Existing Collateral Agent, in and to the Existing Indemnity Agreement.

  • The Collateral Agent hereby assumes all of the Existing Collateral Agent’s right, title and interest as the Existing Collateral Agent in, to and under the Existing Indemnity Agreement, including all authority of Existing Collateral Agent to act on behalf of the Secured Parties in (i) enforcing any and all rights and remedies under this Agreement, (ii) releasing and assigning this Agreement, and (iii) taking or omitting to take any and all other actions as the Collateral Agent hereunder.

  • Indemnitor executed and delivered to the Bank that certain Environmental Indemnity dated May 12, 1989, as amended by a Modified Unsecured Indemnity Agreement dated February 26, 1996 (the "Existing Indemnity").

  • For the avoidance of doubt, any Existing Indemnity shall remain in effect for the purposes of claims by the Beneficiary Family Member in respect of Claims or Losses made or incurred before 1 October 2007.

  • The Collateral Agent hereby assumes all of Collateral Trustee’s right, title and interest as the Collateral Trustee in, to and under the Existing Indemnity Agreements, including all authority of Collateral Trustee to act on behalf of the Secured Parties in (i) enforcing any and all rights and remedies under this Agreement, (ii) releasing and assigning this Agreement, and (iii) taking or omitting to take any and all other actions as the Collateral Agent hereunder.

  • Clause 13.2(c)(iii) will not apply to a beneficiary of an Existing Indemnity if the beneficiary has approved the basis on which a purchaser of shares in the Target will ensure ongoing compliance with the Existing Indemnity, such approval not to be unreasonably withheld or delayed.

  • This design is more adaptable to the real-world practice setting than the controlled experimental design.

  • Whenever the Existing Indemnity Agreement or any instrument or document entered into or made pursuant to the Existing Indemnity Agreement refers to the Existing Collateral Agent, such references shall hereafter be deemed to refer instead to the Collateral Agent.

  • Argonaut reserves all of its rights under the Existing Indemnity Agreement, the Existing Bonds, and applicable bankruptcy and non-bankruptcy law with respect to all of its claims.

  • The Collateral Trustee hereby assigns and transfers to the Collateral Agent, its successors and assigns, all of Collateral Trustee’s right, title, and interest, as Collateral Trustee, in and to the Existing Indemnity Agreements.

Related to Existing Indemnity

  • Funding Indemnity Letter means a funding indemnity letter, substantially in the form of Exhibit N.

  • Indemnity, Subrogation and Contribution Agreement means the Indemnity, Subrogation and Contribution Agreement among Xxxxx 0, the Borrower, the Subsidiary Loan Parties and the Collateral Agent, substantially in the form of Exhibit C-3.

  • Indemnification Agreements shall have the meaning set forth in Section 6.01(a).

  • Tax Indemnity Agreement means that certain Tax Indemnity Agreement [NW ____ _], dated as of the date hereof, between the Owner Participant and Lessee, as originally executed or as modified, amended or supplemented pursuant to the applicable provisions thereof.

  • Existing Indenture means the Indenture dated as of June 30, 1998 among General Partner, Prologis and U.S. Bank National Association (as successor in interest to State Street Bank and Trust Company of California, N.A.), as Trustee.

  • Indemnity Agreement means that certain Indemnity Agreement dated as of the Closing Date by Borrower and Indemnitor in favor of Lender.

  • Environmental Indemnity means that certain Environmental Indemnity Agreement, dated as of the date hereof, executed by Borrower and Guarantor in connection with the Loan for the benefit of Lender, as the same may be amended, restated, replaced, supplemented or otherwise modified from time to time.

  • Existing Indebtedness Agreements shall have the meaning provided in Section 5.05.

  • Existing Indebtedness means Indebtedness of the Company and its Subsidiaries (other than Indebtedness under the Credit Agreement) in existence on the date of this Indenture, until such amounts are repaid.

  • Indemnity means the payment of an amount to offset all or part of an insured loss.

  • Existing Indentures means (a) the Indenture with respect to the Target Company’s 1.5% Convertible Senior Notes due 2017, dated as of August 25, 2010, by and between the Target Company and The Bank of New York Mellon Trust Company, N.A. and (b) the Indenture with respect to the Target Company’s 0.5% Convertible Senior Notes due 2020, dated as of October 29, 2013, by and between the Target Company and The Bank of New York Mellon Trust Company, N.A. (each as amended, restated, supplemented or otherwise modified from time to time prior to the date hereof).

  • Environmental Indemnity Agreement means the environmental indemnity agreement dated as of the date of this Agreement executed by Borrower for the benefit of the Indemnified Parties and such other parties as are identified in such agreement with respect to the Premises, as the same may be amended from time to time.

  • Tax Indemnity means the deed of covenant against taxation, in the Agreed Terms, to be entered into on the Closing Date between the Seller and the Purchaser;

  • Indemnification Obligations means each of the Debtors’ indemnification obligations in place as of the Effective Date, whether in the bylaws, certificates of incorporation or formation, limited liability company agreements, other organizational or formation documents, board resolutions, management or indemnification agreements, or employment or other contracts, for their current and former directors, officers, managers, members, employees, attorneys, accountants, investment bankers, and other professionals and agents of the Debtors.

  • Indemnity Matters means any and all actions, suits, proceedings (including any investigations, litigation or inquiries), claims, demands and causes of action made or threatened against a Person and, in connection therewith, all losses, liabilities, damages (including, without limitation, consequential damages) or reasonable costs and expenses of any kind or nature whatsoever incurred by such Person whether caused by the sole or concurrent negligence of such Person seeking indemnification.

  • Limit of Indemnity means the amount stated in the Schedule pursuant to Clause 5 of this Policy.

  • Seller Guaranty means a guaranty of payment and performance issued by a Seller Guarantor in the form attached to this Agreement as Exhibit V or in such other form as may be acceptable to Purchaser acting reasonably.

  • protection and indemnity risks means the usual risks covered by a protection and indemnity association managed in London, including pollution risks and the proportion (if any) of any sums payable to any other person or persons in case of collision which are not recoverable under the hull and machinery policies by reason of the incorporation in them of clause 6 of the International Hull Clauses (1/11/02 or 1/11/03), clause 8 of the Institute Time Clauses (Hulls) (1/11/95) or clause 8 of the Institute Time Clauses (Hulls) (1/10/83) or the Institute Amended Running Down Clause (1/10/71) or any equivalent provision;

  • Company Indemnified Parties has the meaning specified in Section 7.8(a).

  • Indemnification Obligation means any existing or future obligation of any Debtor to indemnify current and former directors, officers, members, managers, sponsors, agents or employees of any of the Debtors who served in such capacity, with respect to or based upon such service or any act or omission taken or not taken in any of such capacities, or for or on behalf of any Debtor, whether pursuant to agreement, letters, the Debtors’ respective memoranda, articles or certificates of incorporation, corporate charters, bylaws, operating agreements, limited liability company agreements, or similar corporate or organizational documents or other applicable contract or law in effect as of the Effective Date.

  • Existing Agreements has the meaning as set forth in Section 3.2 hereof.

  • Indemnification Cap has the meaning set forth in Section 9.4(a).

  • Guaranty Agreements means and includes the Guarantee of the Loan Parties provided for in Section 11, and any other guaranty agreement executed and delivered in order to guarantee the Obligations or any part thereof in form and substance reasonably acceptable to the Administrative Agent.

  • Indemnity Obligations means all obligations of the Company to Indemnitee under this Agreement, including the Company’s obligations to provide indemnification to Indemnitee and advance Expenses to Indemnitee under this Agreement.

  • Indemnification Expenses shall have the meaning set forth in Section 6.11(a).

  • Parent Indemnified Parties has the meaning set forth in Section 9.2(a).