Indemnified Events definition
Examples of Indemnified Events in a sentence
Indemnified Events include without limitation claims brought by Buyer’s customers, third-party claims, and inter-party claims.
Indemnified Events include without limitation claims brought by ▇▇▇▇▇’s customers, third-party claims, and inter-party claims.
El Paso may in any event participate in all Indemnified Events at its own cost.
If Broker is obligated to indemnify Lender or any assignee, direct or indirect, of a Loan closed by Lender from Broker hereunder with respect to any of the events or circumstances set forth in section 5 (the “Indemnified Events”), then in addition to the obligations of Broker under section 5, Broker shall, upon receipt of a notice from Lender, promptly repurchase from Lender each Loan acquired by Lender hereunder that is affected by the Indemnified Events.
Upon satisfying the $50,000 threshold described in the immediately preceding sentence, the Indemnified Party shall submit its claim or claims for indemnification (including claims related to Indemnified Events that occurred prior to the satisfaction of such $50,000 threshold) in accordance with Section 8.3(a) hereof and the Indemnified Party shall be entitled to indemnification for Losses from the first dollar.