Funding Indemnification definition

Funding Indemnification means an amount (which shall be payable on demand by Lender) necessary to promptly compensate Lender for, and hold it harmless from, any loss, cost or expense incurred by it as a result of any payment or prepayment of any part of the Loan (whether voluntary, mandatory, automatic, by reason of acceleration, or otherwise), including any loss of anticipated profits and any loss or expense arising from the liquidation or reemployment of funds obtained by it to maintain such portion or from fees payable to terminate the deposits from which such funds were obtained. Debtor shall also pay any customary administrative fees charged by Lender in connection with the foregoing. For purposes of calculating amounts payable by Debtor to Lender hereunder, Xxxxxx shall be deemed to have funded the Loan by a matching deposit or other borrowing in the London inter-bank market for a comparable amount and for a comparable period, whether or not such Loan was in fact so funded.
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Funding Indemnification means the amount (which shall be payable on a Bank’s written demand notwithstanding any contrary provision in this Agreement or in a Note) necessary to promptly compensate a Bank for, and hold it harmless from, any loss, cost or expense incurred by it as a result of:
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Funding Indemnification. The amount (which shall be payable on Lender’s written demand notwithstanding any contrary provision in this Note) necessary to promptly compensate Lender for, and hold it harmless from, any loss, cost or expense incurred by it as a result of:
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Examples of Funding Indemnification in a sentence

  • Any such prepayment shall also include (a) any and all accrued but unpaid interest on the amount of principal being so prepaid through and including the date of prepayment, plus any other sums which have become due to Lender under the other Loan Documents on or before the date of prepayment, but which have not been fully paid and (b) any Funding Indemnification.

  • Any such prepayment shall also include: (a) any and all accrued but unpaid interest on the amount of principal being so prepaid through and including the date of prepayment, plus any other sums which have become due to Lender under the other Loan Documents on or before the date of prepayment, but which have not been fully paid; and (b) any Funding Indemnification.

  • Prepayment in full shall consist of payment of the remaining unpaid principal balance together with all accrued and unpaid interest and all other amounts, costs and expenses for which Borrower is responsible under a Note (including Funding Indemnification) or any other agreement with a Bank pertaining to a Loan, and in no event will Borrower ever be required to pay any unearned interest.

  • CHANGE IN CIRCUMSTANCES 5160 3.1. Yield Protection 5160 3.2. Changes in Capital Adequacy Regulations 5261 3.3. Benchmark Replacement Setting 53[Reserved] 62 3.4. Funding Indemnification 5762 3.5. Taxes 5862 3.6. Lender Statements; Survival of Indemnity 6266 ARTICLE IV.

  • Certificate No. 1 issued pursuant to the Participation Agreement and Future Funding Indemnification Agreement, dated as of January 24, 2020, between Seller and HREC, relating to that certain mortgage loan secured by real property located at 0000 Xxxxx Xxxxxxxxxx Xxxxxxx 00, Xxxxxx, Xxxxx.

  • Section 2.15 Changes in Capital Adequacy Regulations Section 2.16 Availability of LIBOR Loans Section 2.17 Funding Indemnification Section 2.18 Lender Statements; Survival of Indemnity Section 2.19 Extension of Revolving Credit Termination Date Section 2.20 Extension of Term Loan Maturity Date Section 2.21 Replacement of Certain Lenders Section 2.22 Swing Line Section 2.23 Facility Letters of Credit.

  • Funding Indemnification.............................................

  • For avoidance of doubt, all additional amounts payable hereunder shall include, without limitation, Break Funding Indemnification and Cost of Prepayment, if any.

  • If and to the extent that no Funding Indemnification Letter has been so delivered or such agreement as to interest rates, amounts and Interest Periods has not been reached within such time, the funding of the initial Term Loan Advance, as well as all subsequent Term Loan Advances and all Refunding Loans, shall be made as provided below.

  • Extension of Facility Termination Date 36 ARTICLE III CHANGE IN CIRCUMSTANCES 37 3.1. Yield Protection 37 3.2. Changes in Capital Adequacy Regulations 38 3.3. Availability of Types of Advances 38 3.4. Funding Indemnification 39 3.5. Lender Statements; Survival of Indemnity.


More Definitions of Funding Indemnification

Funding Indemnification means the amount (which shall be payable on Lender’s written demand notwithstanding any contrary provision in this Note) necessary to promptly compensate Lender for, and hold it harmless from, any loss, cost or expense incurred by it as a result of:
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Related to Funding Indemnification

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

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

  • Indemnification Threshold has the meaning set forth in Section 11.5.

  • Indemnification Escrow Fund has the meaning set forth in Section 2.12(a).

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

  • Indemnification Agreements has the meaning set forth in Section 2.5.

  • Indemnification Escrow Agreement means that certain Indemnification Escrow Agreement in the form attached hereto as Exhibit D, with such changes as may be agreed to among the Buyer, the Seller and the Escrow Agent.

  • Indemnification Obligation means any existing or future obligation of any Debtor to indemnify current and former directors, officers, members, managers, 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, the Debtors’ respective memoranda, articles or certificates of incorporation or formation, 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, excluding any obligation to indemnify any of the foregoing parties with respect to any act or omission for or on behalf of the Debtors arising out of any act or omission determined by a Final Order to constitute actual fraud, willful misconduct, or gross negligence.

  • Indemnification Escrow Amount has the meaning set forth in Section 2.2(b).

  • 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, employees, attorneys, accountants, investment bankers, and other professionals and agents of the Debtors, as applicable.

  • Indemnification Provisions means each of the Debtors’ indemnification provisions currently in place whether in the Debtors’ bylaws, certificates of incorporation, other formation documents, board resolutions, or contracts for the current and former directors, officers, managers, employees, attorneys, other professionals, and agents of the Debtors and such current and former directors’, officers’, and managers’ respective Affiliates.

  • Indemnification Period means the period of time during which Indemnitee shall continue to serve as a director or as an officer of the Corporation, and thereafter so long as Indemnitee shall be subject to any possible Proceeding arising out of acts or omissions of Indemnitee as a director or as an officer of the Corporation.

  • Company Indemnified Party has meaning set forth in Section 8(b) hereof.

  • Indemnified Matters has the meaning specified therefor in Section 12.15.

  • Indemnification means an agreement of indemnity or a release from liability where the intent or effect is to shift or limit in any manner the potential liability of the person or firm for failure to adhere to applicable auditing or professional standards, whether or not resulting in part from knowing of other misrepresentations made by the insurer or its representatives.

  • 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.

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

  • Purchaser Indemnified Party shall have the meaning set forth in Section 9.1(a).

  • Related Indemnified Person of an Indemnitee means (a) any controlling person or controlled affiliate of such Indemnitee, (b) the respective directors, officers, or employees of such Indemnitee or any of its controlling persons or controlled affiliates and (c) the respective agents of such Indemnitee or any of its controlling persons or controlled affiliates, in the case of this clause (c), acting at the instructions of such Indemnitee, controlling person or such controlled affiliate; provided that each reference to a controlled affiliate or controlling person in this definition shall pertain to a controlled affiliate or controlling person involved in the negotiation or syndication of the Facility.

  • D&O Indemnified Parties shall have the meaning set forth in Section 6.6(a).

  • Indemnification Claim has the meaning set forth in Section 12.3.

  • 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.

  • Purchaser Indemnified Parties has the meaning set forth in Section 8.2.

  • Seller Indemnified Party has the meaning set forth in Section 7.2.

  • Indemnification Claim Notice has the meaning set forth in Section 11.3.

  • Seller Indemnified Parties has the meaning set forth in Section 8.1.