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

• It is understood and agreed that the Indemnifying Person shall not, in connection with any proceeding or related proceeding 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 reimbursed as they are incurred.

• The Indemnifying Person shall not be liable for any settlement of any proceeding effected without its written consent, but if settled with such consent or if there be a final judgment for the plaintiff, the Indemnifying Person agrees to indemnify each Indemnified Person from and against any loss or liability by reason of such settlement or judgment.

• The Indemnifying Person shall not be liable for any settlement of any proceeding effected without its written consent, but if settled with such consent, the Indemnifying Person agrees to indemnify each Indemnified Person from and against any loss or liability by reason of such settlement.

• The Indemnifying Person shall pay all expenses, including all fees and expenses of counsel, accountants and other advisors and any other costs that may be incurred by an Indemnified Person in taking actions or seeking advice directly or indirectly related to the Letter of Direction and Acknowledgement.

• The obligations of the Indemnifying Person under this Article 2 shall be in addition to any liability which the Indemnifying Person may otherwise have, shall be binding upon the Indemnifying Person, their successors and permitted assigns, and shall enure to the benefit of the Indemnified Person and its respective successors and assigns.

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 has the meaning set forth in Section 5.3(a).

Indemnifying Person when used in connection with particular Damages means the Person having an obligation to indemnify another Person or Persons with respect to such Damages pursuant to this Article 11, and the term “Indemnified Person” when used in connection with particular Damages means a Person having the right to be indemnified with respect to such Damages pursuant to this Article 11 (including those Persons identified in Section 11.2(e)).