Indemnification Fund definition

Indemnification Fund means the Fund by that name created and established by Section 4.1 hereof.
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Indemnification Fund has the meaning specified in Section 3.1(f)(i)(x).
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Indemnification Fund shall have the meaning ascribed to it in SECTION 2.5(C) hereof.
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Examples of Indemnification Fund in a sentence

  • The Note Fund shall be used only for the payment when due of principal of, premium, if any, and interest on the Class A Notes and the Class B Notes, the purchase price of the Class A Notes and the Class B Notes to be purchased on a Purchase Date or Mandatory Tender Date or otherwise in accordance with Section 10.7 hereof, Other Obligations and Carry-Over Amounts (including any accrued interest thereon) and to make transfers to the credit of the Indemnification Fund required by Section 4.5 hereof.

  • Assuming equal flow rates and directions at the channel inlets, the gas temperature distribution in the individual channels is identical.

  • Amounts in the Indemnification Fund shall be used only for the purposes specified in the preceding paragraph, and shall not be available for any other purpose, including, but not limited to, payment of Debt Service on or the purchase price of the Notes or Other Obligations.

  • Transfers of amounts from the Acquisition Fund to the Indemnification Fund and the Note Fund pursuant to the preceding sentence shall be made by the Trustee without any further authorization or direction.

  • Any moneys in the Retirement Account required to be so transferred to the Indemnification Fund shall be transferred by the Trustee to such Fund without further authorization or direction.

  • If any amounts have been transferred to either or both of the Indemnification Fund or the Note Fund pursuant to this paragraph, the Trustee shall, to the extent necessary to cure the deficiency in the Acquisition Fund as a result of such transfer or transfers, transfer to the Acquisition Fund amounts from the Revenue Fund in the manner provided in Section 4.6 hereof.

  • Balances in the Interest Account shall be transferred to the credit of the Indemnification Fund to the extent necessary, after transfers thereto from the Revenue Fund, the Surplus Fund, the Reserve Fund, the Administration Fund, the Retirement Account and the Principal Account, to make any deposit to the credit of the Indemnification Fund required by Section 4.5 hereof.

  • Pay item XXX15000 should be used when the force account or a portion thereof, involves issues related to a remedial or response action, or to the identification, handling, storage, treatment or disposal of a pollutant, or other items subject to payment into the Response Contractors Indemnification Fund (RCIF).

  • The Debtors and the Creditors’ Committee shall request that the Bankruptcy Court determine that the Litigation Indemnification Fund is a reasonable estimate of and/or reserve for the Bank Lender Post-Effective Date Fee Claims.

  • On a quarterly basis following the Effective Date, the Contingent Value Vehicle Trustee shall file a report with the Bankruptcy Court showing the balance of the Litigation Indemnification Fund minus unpaid invoices (including the disputed portions thereof) payable from such fund.


More Definitions of Indemnification Fund

Indemnification Fund shall have the meaning set forth in the Indemnification Fund Agreement.
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Indemnification Fund means, at any date, the sum of the Indemnification Escrow Deposit and all interest accrued thereon and any and all other proceeds from the investment thereof as of such date, less any and all disbursements made therefrom pursuant to the Indemnification Escrow Agreement as of such date.
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Indemnification Fund shall have the meaning set forth in Section 13.4.
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Indemnification Fund means an amount equal to the Indemnity Cap.
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Indemnification Fund is defined in Section 5.6(b).
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Related to Indemnification Fund

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

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

  • Indemnification Escrow Agreement means an agreement in substantially the form attached hereto as Exhibit B, between the Escrow Participant, the Escrow Agent and the Purchaser with respect to the Indemnification Escrow Shares to reflect the terms set forth in Section 10.3.

  • 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 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.

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

  • 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.

  • 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.

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

  • Indemnification Claim has the meaning set forth in Section 8.4(a).

  • Indemnification Notice has the meaning set forth in Section 11.3(a).

  • Indemnification Event means any event, action, proceeding or claim for which a Person is entitled to indemnification under this Agreement.

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

  • 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.

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

  • Manager Indemnified Party has the meaning set forth in Section 8(a) hereof.

  • Fiduciary Indemnified Person means each of the Institutional Trustee (including in its individual capacity), the Delaware Trustee (including in its individual capacity), any Affiliate of the Institutional Trustee or the Delaware Trustee, and any officers, directors, shareholders, members, partners, employees, representatives, custodians, nominees or agents of the Institutional Trustee or the Delaware Trustee.

  • Indemnity Escrow Agreement means the Indemnity Escrow Agreement substantially in the form attached hereto as Exhibit B, among the Sellers, the Buyers and the Escrow Agent.

  • Indemnity Escrow Fund means the Indemnity Escrow Amount deposited with the Escrow Agent, as such sum may be increased or decreased as provided in this Agreement and the Escrow Agreement, including any remaining interest or other amounts earned thereon.

  • Purchaser Indemnified Person is defined in Section 5.1 of the Sale Agreement.

  • Fund Indemnified Persons means, the Fund and its affiliates and trustees, officers, partners, employees, agents, representatives and control persons, entitled to indemnification by the Holders under Section 7.

  • Indemnified Person has the meaning set forth in Section 11.3.

  • Purchaser Indemnified Persons has the meaning specified in Section 11.01(a).

  • Company Indemnified Persons has the meaning set forth in Section 5(a).

  • Servicer Indemnified Party As defined in Section 8.05(c) of this Agreement.

  • Company Indemnified Person means (a) any Administrator; (b) any Affiliate of any Administrator; (c) any officers, directors, shareholders, members, partners, employees, representatives or agents of any Administrator; or (d) any officer, employee or agent of the Trust or its Affiliates.