Indemnified Cost definition

Indemnified Cost shall have the meaning given to such term in Section 11.1.
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Indemnified Cost shall have the meaning assigned to such term in Annex A of the Trust Deed.
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Indemnified Cost has the meaning given that term in Section 13.9.(a).
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Examples of Indemnified Cost in a sentence

  • Notwithstanding the foregoing, the Companies shall not have any obligation to an Indemnitee under this section 21 with respect to any Indemnified Cost which is finally determined by a court of competent jurisdiction to have arisen solely and directly as a result of the willful misconduct or bad faith of such Indemnitee.

  • Once an Indemnified Cost is agreed to by the Indemnifying Party or finally adjudicated to be payable pursuant to this Article IX, the Indemnifying Party shall satisfy its obligations within 10 Business Days of such agreement or final adjudication by wire transfer of immediately available funds.

  • Notwithstanding the foregoing, the Company shall not have any obligation to an Indemnitee under this Section 17 with respect to any Indemnified Cost which arose solely and directly as a result of the gross negligence, willful misconduct or bad faith of such Indemnitee.

  • Furthermore, any Indemnified Cost incurred by APS or Eco-Systems that is not promptly paid or reimbursed by Consolidated pursuant to this Section shall bear interest at an annual rate of ten percent (10%).

  • If a party has the benefit of an indemnity for a cost (Indemnified Cost), the indemnity is for the Indemnified Cost net of an input tax credit or reduced input tax credit to which that party is entitled for the Indemnified Cost.

  • If the Indemnity Payment is includible in gross income by the Indemnified Party or if the Indemnifying Party claims as a deductible expense or loss an amount attributable to the Indemnity Payment, the Indemnified Party shall be deemed to have not received a tax savings with respect to an Indemnified Cost.

  • Notwithstanding the foregoing, the Company shall not have any obligation to an Indemnitee under this section 21 with respect to any Indemnified Cost if and to the extent it is finally determined by a court of competent jurisdiction to have arisen as a result of the gross negligence, willful misconduct or bad faith of such Indemnitee.

  • In addition, notwithstanding the foregoing, the Purchaser shall have no liability to the extent that any Indemnified Cost is caused by or arises from any non-compliance with or breach of any covenant or agreement of Parent, Seller or any Affiliate thereof (including CAI) contained in the Management Agreement.

  • Notwithstanding the foregoing, the Issuer shall not have any obligation to an Indemnitee under this Section 19 with respect to any Indemnified Cost which is finally determined by a court of competent jurisdiction to have arisen directly as a result of the gross negligence, willful misconduct or bad faith of such Indemnitee.

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More Definitions of Indemnified Cost

Indemnified Cost has the meaning specified in Section 6.10.
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Indemnified Cost has the meaning given to it in SECTION 10.2.
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Indemnified Cost has the meaning specified in Section 7.05(a).
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Related to Indemnified Cost

  • Indemnified Costs has the meaning specified in Section 8.05(a).

  • Indemnified Claim has the meaning set forth in Section 8.2.

  • Indemnified Claims shall include any and all claims, demands, suits, causes of action, judgments and liability of every character, type or description, including all reasonable costs and expenses of litigation, mediation or other alternate dispute resolution mechanism, including attorney and other professional fees for: (1) damage to or loss of the property of any person (including, but not limited to the City, the Contractor, their respective agents, officers, employees and subcontractors; the officers, agents, and employees of such subcontractors; and third parties); and/or (2) death, bodily injury, illness, disease, worker's compensation, loss of services, or loss of income or wages to any person (including but not limited to the agents, officers and employees of the City, the Contractor, the Contractor’s subcontractors, and third parties), ii. "Fault" shall include the sale of defective or non- conforming deliverables, negligence, willful misconduct or a breach of any legally imposed strict liability standard.

  • Indemnified Losses is defined in Section 5.03 of the Servicing Agreement.

  • Indemnified Amount has the meaning set forth in Section 8.01.

  • Indemnified Items shall have the meaning assigned to such term in Section 2(b).

  • Indemnified Amounts The meaning specified in Section 10.1(a).

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

  • Indemnified Liability means any and all claims, damages, liabilities, costs, losses, and expenses (including reasonable attorneys’ fees and all related costs and expenses) arising from or relating to any claim, suit, proceeding, demand, or action brought by an Indemnified Party against you or a third party or other User.

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

  • Indemnified Matter has the meaning specified in Section 11.4 (Indemnities).

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

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

  • 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.

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

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

  • Indemnified Party shall have the meaning set forth in Section 5(c).

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

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

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

  • Tax Indemnified Party shall have the meaning set forth in Section 7.6(d).

  • Buyer Indemnified Party has the meaning set forth in Section 8.2.

  • D&O Indemnified Party has the meaning set forth in Section 5.8(a).

  • Seller Indemnified Persons has the meaning set forth in Section 8.3.

  • Indemnified Damages shall have the meaning assigned to such term in Section 6(a).

  • Letter of Credit Indemnified Costs has the meaning specified therefor in Section 2.11(f) of the Agreement.