Examples of Indemnity Deed in a sentence
The Indemnity Deed will continue to apply for a period of 10 years after a Director ceases to hold office and a Director’s Access and Insurance Deed with each of the Directors pursuant to which a Director can request access to copies of documents provided to the Director whilst serving the Company for a period of 10 years after the Director ceases to hold office.
If the dispute relates to a matter which is determined to be a continuing material breach by the Issuer of its obligations under the Capped Indemnity Deed to, among others, provide information to NAB to enable it to review the validity of claims made under the Capped Indemnity and withdrawals from the designated account, the Issuer will be prohibited from withdrawing the relevant amount of any such disputed payment from such designated account for so long as such breach is continuing.
In certain circumstances contemplated by the Capped Indemnity Deed, the Issuer may also be required to repay to NAB certain amounts received by it under the Capped Indemnity.
This structure is known as an Indemnity Deed of Trust, which is specific to the State of Maryland.
Each Director enters into an Access and Indemnity Deed with GPT to ensure seven years access to documents after their retirement as a Director.
Under the Capped Indemnity Deed, NAB has the benefit of certain information, consultation and audit rights in relation to relevant conduct matters and claims and in particular, the Capped Indemnity is subject to a dispute resolution procedure which may result in any unresolved issues being determined by a third-party expert or by court proceedings.
It is not expected that payments to CYBG under the Capped Indemnity will be taxable in the hands of CYBG Group, but if tax were to be payable then the Conduct Indemnity Deed contains provisions pursuant to which NAB has agreed to compensate CYBG for any actual tax incurred that would not have been incurred but for the receipt of amounts under the Capped Indemnity.
Without limiting the generality of Schedule 5.05 of the Separation Agreement, as of and following the Separation Effective Time, the Bromborough Indemnity Deed will remain in full force and effect in accordance with its terms; provided that any and all Liabilities related to or arising under the Bromborough Indemnity Deed shall constitute Lithium Assumed Employee Liabilities.
The remuneration may consist of salary, bonuses or any other elements but must not be a commission on or percentage of profits or operating revenue.ANZ has entered into a Director’s Access Insurance and Indemnity Deed with each Director.
RE-DEVELOPMENT OF THE MCGUnder the provisions of the original Indemnity Deed dated 11 April 1990, the Club agreed to redevelop the Great Southern Stand at a cost of approximately $150 million.