Examples of Indemnified Amount in a sentence
Notwithstanding anything to the contrary contained herein, the Borrower will be obligated to pay any Indemnified Amount on any given day only to the extent there are amounts available therefor pursuant to Section 8.3(a).
The Indemnified Amount payable hereunder shall be paid to the Indemnified Parties proportionately based on the Indemnified Claims incurred by each of the Indemnified Parties over the total Indemnified Claims incurred by all of the Indemnified Parties.
Although these technologies are not yet present in peoples’ lives, they have the potential to influence peoples’ daily life and routines in the future and so will face a range of challenges in terms of social and public acceptance.
Following payment by the Company of the Indemnified Amount, if the Requested Position is sustained by the Internal Revenue Service or the courts, the Company shall be entitled to any resulting receipt of interest or refund of taxes, interest and penalties that were properly attributable to the Indemnified Amount.
For the avoidance of doubt, an Indemnitee may seek payment of any Indemnified Amount at any time and regardless of whether a Default or an Event of Default then exists or is continuing.