Examples of Indemnity and Contribution Agreement in a sentence
Amend (a) any of its Organization Documents, unless such amendments, modifications, or supplements could not reasonably be expected (i) to be materially adverse to the rights of the Administrative Agent or the Lenders or (ii) to materially decrease the economic benefit or other rights that any Loan Party would have otherwise received pursuant to such agreements or (b) the Indemnity and Contribution Agreement in any manner that would affect the subordination or third party beneficiary provisions thereof.
Taken together, the Parental Support Agreement and the Indemnity and Contribution Agreement confer standing on Plaintiffs.
That the Indemnity and Contribution Agreement was not signed until March 27, 2009, which was after the date this lawsuit was filed, is quite beside the point.
The Indemnity and Contribution Agreement consummates and relates back to Section 4.1 of the Parental Support Agreement by putting into action General Electric Capital Corporation’s promise to protect and indemnify GE Capital Financial Inc.
Accordingly, the court determines that the Indemnity and Contribution Agreement is not an attempt to manufacture standing, and the Indemnity and Contribution Agreement, in conjunction with the Parental Support Agreement, confers standing on GE Capital Financial Inc.