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.
Pursuant to the terms of the Parental Support Agreement and the Indemnity and Contribution Agreement, General Electric Capital Corporation agreed to contribute cash to GE Capital Financial Inc.
In consideration therefor, on the date hereof, Xxxxx Xxxxxx and Xxxxx XX shall enter into that certain Indemnity and Contribution Agreement.
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.
If any additional Guarantor Subsidiary is formed or acquired (or results from a Subsidiary that was not previously a Guarantor Subsidiary becoming a Guarantor Subsidiary) after the Effective Date, the Parent will notify the Administrative Agent and the Lenders thereof and will cause such Subsidiary to become a party to the Guarantee Agreement and the Indemnity and Contribution Agreement promptly, and in any event within five Business Days, thereafter.