Indemnifying Person definition

Indemnifying Person shall have the meaning set forth in Section 5(c) hereof.
Indemnifying Person. See Section 7(c) hereof.
Indemnifying Person means the Person or Persons claimed by the Indemnified Person to be obligated to provide indemnification under Article XII.

Examples of Indemnifying Person in a sentence

  • The Indemnifying Person shall not be liable for the fees and expenses of more than one separate counsel (together with local counsel), representing all Indemnified Persons who are parties to such action), which counsel (together with any local counsel) for the Indemnified Persons shall be selected by the Indemnified Person, subject to the Indemnifying Person’s approval (which shall not be unreasonably withheld).

  • The Indemnifying Person under this Section 9 shall not be liable for any settlement of any proceeding effected without its written consent, which consent may not be unreasonably withheld, but if settled with such consent or if there be a final judgment for the plaintiff, the Indemnifying Person agrees to indemnify the Indemnified Person from and against any loss, claim, damage, liability or expense by reason of such settlement or judgment.

  • The advancement, reimbursement, indemnification and contribution obligations of the Indemnifying Person required hereby shall be made by periodic payments of the amount thereof during the course of the investigation or defense, as every Liability and Expense is incurred and is due and payable, and in such amounts as fully satisfy each and every Liability and Expense as it is incurred (and in no event later than 30 days following the date of any invoice therefore).

  • The Indemnifying Person shall not be liable for any settlement of any action effected without its written consent (which shall not be unreasonably withheld).

  • It is understood and agreed that the Indemnifying Person shall not, in connection with any proceeding or related proceedings in the same jurisdiction, be liable for the fees and expenses of more than one separate firm (in addition to any local counsel) for all Indemnified Persons, and that all such fees and expenses shall be paid or reimbursed as they are incurred.


More Definitions of Indemnifying Person

Indemnifying Person has the meaning set forth in Section 10.3(a).
Indemnifying Person means each of Borrower and Guarantor.
Indemnifying Person as defined in Section 11.9.
Indemnifying Person has the meaning set forth in Section 7.2(a).
Indemnifying Person. Has the meaning provided in Section 7(c) hereof.
Indemnifying Person means any person obligated to indemnify another person under this Article 9.
Indemnifying Person has the meaning set forth in Section 8.4(a).