Indemnification Amount definition

Indemnification Amount means (i) with respect to any Franchise Asset, an amount equal to the Allocated Note Amount for such asset and (ii) with respect to any Securitization IP, any amount required to reimburse the applicable Securitization Entity for the expenses related to defending or enforcing its rights in such Securitization IP.

Indemnification Amount as defined in Section 8.06(c);

Indemnification Amount has the meaning set forth in Section 7.5(b).

Examples of Indemnification Amount in a sentence

Any Indemnification Amount that is not paid in full within 10 days after final determination of the Indemnification Amount as set forth above, such unpaid amount shall thereafter accrue interest through the date of payment at the prime rate as reported in The Wall Street Journal, Eastern Edition for the date of such final determination.
If the Escrow Fund has been reduced to zero, Parent shall then be entitled to seek payment for an unsatisfied Indemnification Amount directly from the Members, subject to the terms and conditions set forth in Article X.
Subject to the provisions of section 3.1 above, the Indemnification Undertaking in respect to each of the Indemnifiable Events shall be limited, in relation to each Office Holder in the Company separately and for each event separately, in the amount of the liability or expense which is indemnifiable as aforesaid, but not more than the Maximum Indemnification Amount in relation to each of the Indemnifiable Events.
At any time after such Judgment is rendered or such settlement agreement or similar Contract is executed, the Indemnitee may give notice to the Indemnitor (“Payment Notice”) demanding payment of the Indemnification Amount.
The escrow agreement shall also provide that any portion of the Indemnification Amount held in escrow for five (5) years shall be released by the escrow agent to the Indemnifying Holder.

Indemnification Amount shall have the meaning set forth in Section 7.03(e) herein.

Indemnification Amount shall refer to the amount of losses, claims, demands, costs, damages, liabilities (joint and several), judgments, fines (including any excise tax assessed with respect to an employee benefit plan), settlements, and other amounts (including Witness Liabilities), including interest on any of the foregoing, which the Director is liable to pay or has paid in connection with an Indemnified Event and amounts proposed to be paid in settlement by the Director in connection with any Indemnified Event.

Indemnification Amount means, with respect to any Guarantor Asset or New Real Estate Asset, an amount equal to the Allocated Note Amount for such asset.

Indemnification Amount means (i) with respect to any Securitization Asset, an amount equal to the Allocated Note Amount for such asset and (ii) with respect to any Securitization IP, any amount required to reimburse the applicable Securitization Entity for the expenses related to defending or enforcing its rights in such Securitization IP. The Allocable Share of the Issuer or the Canadian Co-Issuer, as applicable, of any Indemnification Amount directly attributable to, in the case of the Issuer, the U.S. Securitization Entities, or, in the case of the Canadian Co-Issuer, the Canadian Securitization Entities, will be 100% (and any Shortfall Payments in respect thereof shall be paid in accordance with the Allocation Agreement).

Indemnification Amount means $12,750,000.00 deposited or collected pursuant to the Indemnification Escrow Agreement.

Indemnification Amount is defined in Section 10.2(b);

Indemnification Amount has the meaning specified in Section 8.1(b).