Indemnity Costs definition

Indemnity Costs means the sum of the "Indemnified Excess Costs" and the "API Excess Costs" (as those terms are defined in the Fox River PDC Environmental Indemnity Agreement (the "PDC Indemnity") attached hereto as an exhibit to Attachment H) paid pursuant to the PDC Indemnity since the Inception Date.

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Indemnity Costs means all costs of defending or prosecuting suits or claims, including reasonable and actual attorneys’ fees and expert witness fees incurred in enforcing, perfecting and executing a judgment or award arising from, or related to, either the enforcement or performance of this Agreement or suits/claims relating to, or arising from, the subject matter of this Agreement. Indemnity Costs include, without limitation, attorneys’, consultants’ and experts’ fees, costs and expenses incurred in the following: (i) post-judgment motions and appeals, (ii) contempt proceedings, (iii) administrative proceedings, (iv) garnishment, levy and debtor and third party examination; (v) discovery; and (vi) bankruptcy litigation.

Indemnity Costs means, in relation to ABIC, those payments made in:

Examples of Indemnity Costs in a sentence

Pursuant to the Economic Development Agreement, Office Depot is obligated to defend any action or actions filed in connection with any Claims or Liabilities and will pay 70% of total Indemnity Costs incurred in connection therewith, with Signal Hill paying the remainder 30% of such costs.
In other words, all Indemnity Costs will first be split between Office Depot and Signal Hill on a 70/30% basis respectively, then Signal Hill's 30% share of costs will be split between Signal Hill and with Long Beach on a 57/43% basis respectively.
With respect to Signal ▇▇▇▇'▇ obligation to pay 30% of any Indemnity Costs, Long Beach shall in turn split those Indemnity Costs on the same percentage split on which the Cities are then sharing the Remainder Tax Revenues per Section 3.2 hereof (i.e., 57% born by Signal Hill and 43% born by Long Beach).
If, notwithstanding the above paragraph in Section 5.2, one City determines to bring legal action related to Claims or Liabilities against the other City, all related Indemnity Costs shall be allocated between the two Cities in the same manner as described in Section 6.8 below.

More Definitions of Indemnity Costs

Indemnity Costs. ’ means all sums which the Company is obliged to pay by reason of the obligations imposed on it by Clauses 4.3.6, 4.3.7, 4.3.8, 5.6.3, 5.6.4, 5.6.5 and

Indemnity Costs means all costs of defending or prosecuting suits or claims, including actual attorneys’ fees and expert witness fees incurred in enforcing, perfecting and executing a judgment or award arising from, or related to, either the enforcement or performance of this Agreement or suits/claims relating to, or arising from, the subject matter of this Agreement. Indemnity Costs include, without limitation, attorneys’, consultants' and experts’ fees, costs and expenses incurred in the following: (i) post judgment motions and appeals, (ii) contempt proceedings, (iii) administrative proceedings, (iv) garnishment, levy and debtor and third party examination; (v) discovery; and (vi) bankruptcy litigation.

Indemnity Costs means costs and expenses arising out of or related to any Losses, being expenses of enforcement of any Loss and reasonable attorneys’ fees and expenses, directly suffered or incurred or borne by the the Transferor Company or the Transferee Company, as the case may be, such that neither the Transferor Company or the Transferee Company has to go out of pocket in this regard;