Indemnifying Dealer means, where the relevant issue of Notes is subscribed by only one Dealer, that Dealer or, in any other case, the (Joint-) Lead Manager(s) or Joint Bookrunners of that issue (each as defined in the respective Subscription Agreement). “Non-participating Dealer” means any Dealer which is not an Indemnifying Dealer and in this definition, “Dealer” and “Indemnifying Dealer” includes, in each case, its affiliates and any person who controls it (within the meaning of Section 15 of the Securities Act or Section 20 of the Exchange Act). The obligation of an Indemnifying Dealer to indemnify a Non-participating Dealer under this Clause 13 shall only arise when such Non-participating Dealer:
Indemnifying Dealer means, where the relevant issue of Notes is subscribed by only one Dealer, that Dealer or, in any other case, the (Joint-) Lead Manager(s) or Joint Bookrunners of that issue (each as defined in the respective Subscription Agreement). “Non-participating Dealer” means any Dealer which is not an Indemnifying Dealer and in this definition, “Dealer” and “Indemnifying Dealer” includes, in each case, its affiliates and any person who controls it (within the meaning of Section 15 of the Securities Act or Section 20 of the Exchange Act).The obligation of an Indemnifying Dealer to indemnify a Non-participating Dealer under this Clause shall only arise when such Non-participating Dealer:
Examples of Indemnifying Dealer in a sentence
An Indemnifying Dealer shall not be liable in respect of any Loss arising from the settlement of any claim, action or other legal process raised or instituted against a Non-participating Dealer effected without its consent, such consent not to be unreasonably withheld, delayed or denied.