Indemnity Amount definition

Indemnity Amount means the amount of any indemnification obligation payable under the Basic Documents.

Indemnity Amount has the meaning set forth in Section 7.9.

Indemnity Amount has the meaning set forth in Section 7.07.

Examples of Indemnity Amount in a sentence

• The cash deposit with The Bank of England has been reduced commensurate with the amounts claimed under the Capped Indemnity such that the cash deposit amount is equal to the Unutilised Indemnity Amount (plus accrued interest).

• The Unutilised Indemnity Amount is treated as a Common Equity Tier 1 (CET1) deduction for NAB.

• In the event the Purchaser suffers an Indemnifiable Loss and is entitled to payment of an Indemnity Amount, the Seller and Purchaser shall give a joint written notice to the Escrow Agent directing that a combination of cash and Common Stock (valued at the Share Value) equal to the Indemnity Amount be disbursed from the Escrow Account and on receipt of such joint instructions, the Escrow Agent shall so disburse such Indemnity Amount.

• The Payee Party shall prepare a statement (the “Intercompany Indemnity Statement”) detailing the Payee Party’s calculation of the Intercompany Indemnity Amount for which the Payee Party is seeking payment and deliver the Intercompany Indemnity Statement to the Paying Party.

• The Paying Party shall have sixty (60) days to review and consider the Intercompany Indemnity Statement and the Payee Party shall make its employees and representatives available to answer any question of the Paying Party (or its advisors) regarding the Intercompany Indemnity Amount during such period.

More Definitions of Indemnity Amount

Indemnity Amount means the maximum amount of Partnership Recourse Liabilities as to which an Indemnitor Partner (or a person related to an Indemnitor Partner within the meaning of Section 1.752-4(b) of the Treasury Regulations) has agreed to bear the economic risk of loss (within the meaning of Section 1.752-2 of the Treasury Regulations) through an Indemnity Agreement.

Indemnity Amount is defined in Section 5.04(a)(ii).

Indemnity Amount shall have the meaning given to that term in Subparagraph 3.02(g) of the Purchase Agreement.

Indemnity Amount means, on any date, the amount required to be paid by any Grantor to any Collateral Agent or any other Secured Party on such date pursuant to any indemnity provision contained in the ABL Documents, the Senior Note Documents or the Junior Note Documents, as the case may be.

Indemnity Amount has the meaning set forth in Section 3(a)(1).

Indemnity Amount shall have the meaning ascribed to such term in Section 2.1(c).

Indemnity Amount shall have such meaning as ascribed to the term in Clause 7.2(b); “Indemnity Claim” shall have such meaning as ascribed to the term in Clause 7.5(a); “Indemnification Notice” shall have such meaning as ascribed to the term in Clause 7.5(a); “Indemnified Parties” shall have such meaning as ascribed to the term in Clause 7.1;