Indemnified Obligations definition

Indemnified Obligations has the meaning specified in Section 12.5.

Indemnified Obligations means any and all liabilities, losses, obligations, damages, demands, claims, actions, judgments or other costs for which Indemnitee is or becomes liable under any Guaranty that (i) are not caused by an affirmative action of Indemnitee or any of its Affiliates unrelated to effectuating the Transfers under the Settlement Agreement and (ii) arise from acts or events first occurring after the date that the Equity Interests have been transferred to, and accepted by, Indemnitor or its designated Affiliate.

Indemnified Obligations has the meaning set forth in Section 4.3(a). -----------------------

Examples of Indemnified Obligations in a sentence

• The Indemnitor hereby waives notice of or proof of reliance by the Purchaser upon this Indemnity Agreement, and the Indemnified Obligations shall conclusively be deemed to have been created, contracted, incurred, renewed, extended, amended or reduced (as to Seller only) in reliance upon this Indemnity Agreement.

• The Indemnified Obligations shall be paid strictly in accordance with the terms of the Receivable Purchase Agreement and this Indemnity Agreement.

• Upon request of any indemnitee, the indemnitor shall be bound to defend any and all actions or proceedings that may be brought against such indemnitee in connection with or arising out of any Indemnified Obligations and the matters covered by this Agreement, and indemnitee shall give written notice to the indemnitor of any litigation or proceedings pending, threatened or commenced (whether or not served) against the indemnitee in connection with any Indemnified Obligations.

• The Indemnitor hereby agrees that if Seller is the subject of an Insolvency Event, it will not assert the pendency of such case or any order entered therein as a defense to the timely payment of the Indemnified Obligations.

• If and to the extent that the foregoing indemnity may be unenforceable for any reason, the Pledgor hereby agrees to make the maximum contribution to the payment and satisfaction of each of the Indemnified Obligations which is permissible under applicable law.

More Definitions of Indemnified Obligations

Indemnified Obligations has the meaning specified in SECTION 11.5.

Indemnified Obligations. With respect to Iowa Indemnities, means the Iowa Project Indemnity Obligations and the Iowa Environmental Indemnity Obligations. With respect to Lakes Indemnities, means the Lakes Project Indemnity Obligations and Lakes Environmental Indemnity Obligations.

Indemnified Obligations shall have the meaning set forth in clause 3.2. Unless the context otherwise requires, references to the singular number shall include references to the plural number and vice versa, and references to natural persons shall include corporate entities and bodies.

Indemnified Obligations shall have the meaning set forth in Section 6.

Indemnified Obligations has the meaning set forth in Section 3(b) hereof.

Indemnified Obligations shall have the meaning set forth in Section 8.15(b).

Indemnified Obligations see Section 7(b)(vi).