Indemnity Expiration Date definition

Indemnity Expiration Date means the date that is fifteen (15) months following the Closing Date.
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Indemnity Expiration Date means the twenty-four (24) month anniversary of the Closing Date.
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Indemnity Expiration Date has the meaning given in Clause 6.9 (Indemnification);
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Examples of Indemnity Expiration Date in a sentence

  • The covenants and agreements of Seller and the Company contained in this Agreement shall survive the Closing until the Indemnity Expiration Date, unless such covenants and agreements expressly contemplate performance after the Closing, in which case they shall survive until they have been performed or satisfied in full.

  • Subject to Paragraph 7f below, Prime agrees that it shall not transfer, absolutely or as security by pledge or hypothecation, all or any portion of the Junior Loan or any of its rights under the Junior Loan Agreement or other instruments evidencing or securing the Junior Loan prior to the Indemnity Expiration Date unless Prime confirms in writing its continuing liability under this Agreement.

  • The respective rights of the Parties to bring a claim for indemnification or other payment, and their respective indemnification or other payment obligations set forth in this ARTICLE IX, shall survive until the Tax Indemnity Expiration Date.

  • The obligation of Seller in this Section 7.5 shall terminate on the Indemnity Expiration Date.

  • Prime agrees that it shall not transfer, absolutely or as security by pledge or hypothecation, all or any portion of the Loan or any of its rights under the Loan Agreement or other instruments evidencing or securing the Loan prior to the Indemnity Expiration Date unless Prime confirms in writing its continuing liability under this Agreement.

  • All of the covenants and agreements of Seller and the Purchaser Parties contained in this Agreement which, by their terms, are to be performed or complied with in their entirety at or prior to the Closing, and all claims and causes of action with respect thereto, shall terminate fifteen (15) months from the Closing Date; provided that the covenants and agreements contained in Section 5.4 shall survive until the Tax Indemnity Expiration Date.

  • Notwithstanding anything to the contrary in this Section ‎7.10(a), (x) in no event will Seller be entitled to payments under this Section ‎7.10(a), individually or in the aggregate, in excess of $5,000,000 and (y) Seller’s right to any payment pursuant to this Section ‎7.10(a) shall terminate on the Tax Indemnity Expiration Date.

  • Upon written request by the Agent made after January 2, 1996, cause EDAC to be merged with and into Borrower as soon as reasonably practicable thereafter and in any event not later than thirty (30) days following such request and cause Deanco to be merged with and into Borrower as soon as reasonably practicable after the Indemnity Expiration Date and in any event not later than November 1, 1996.

  • Claims for Losses made pursuant to (a) Sections 12.2(i) and 12.3(i) may be made at any time prior to the Expiration Date, (b) Section 12.2(iii) may be made at any time prior to the First Special Indemnity Expiration Date, (c) Section 12.2(iv) may be made at any time prior to the Second Special Indemnity Expiration Date and (d) Sections 12.2(ii), 12.3(ii), 12.3(iii) and 12.3(iv) may be made indefinitely.

  • The indemnification obligations pursuant to Section 10.1(a)(vi) and 10.1(b)(iii) related to the Environmental Matters (together, the “Environmental Indemnity”) shall survive for ten (10) years following the Closing Date (the “Environmental Indemnity Expiration Date”), provided that the Environmental Indemnity Expiration Date shall not apply in the event Purchaser asserts a claim prior to the Environmental Indemnity Expiration Date.


More Definitions of Indemnity Expiration Date

Indemnity Expiration Date means the date upon which the obligations of Borrower under the Former Deanco Shareholders Notes may no longer be offset against the obligations of the holders thereof for indemnity and/or purchase price adjustments in connection with the stock purchase agreement giving rise to the Former Deanco Shareholders Notes.
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Indemnity Expiration Date. (i) the date on which the particular representations and warranties of an Indemnifying Party expire as set forth in Section 10.8 hereof; or (ii) with respect to covenants and agreements to be performed hereunder, the date on which the statute of limitations runs with respect thereto.
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Indemnity Expiration Date shall have the meaning given to such term in Section 8.1(c).
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Related to Indemnity Expiration Date

  • Final Expiration Date shall have the meaning set forth in Section 7(a) hereof.

  • L/C Expiration Date means the day that is thirty days prior to the Maturity Date then in effect (or, if such day is not a Business Day, the next preceding Business Day).

  • Cure Expiration Date has the meaning set forth in Section 8.04(a).

  • Initial Expiration Date shall have the meaning set forth in Section 1.1(d).

  • Release Expiration Date means the date that is twenty-one (21) days following the date upon which the Company timely delivers to Executive the Release (which shall occur no later than seven (7) days after the Date of Termination), or in the event that such termination of employment is “in connection with an exit incentive or other employment termination program” (as such phrase is defined in the Age Discrimination in Employment Act of 1967, as amended), the date that is forty-five (45) days following such delivery date.

  • Commitment Expiration Date means the date on which IHCDA’s commitment under the Program expires.

  • Lease Expiration Date means the later of (i) the date of the final payment in full of the French Advances and (ii) the Vehicle Lease Expiration Date for the last Lease Vehicle leased by the Lessee hereunder. The “Term” of this Agreement shall mean the period commencing on the Lease Commencement Date and ending on the Lease Expiration Date.

  • Option Expiration Date means the last day of the maximum term of an Option.

  • Term Expiration Date means the earlier of (i) the date that is thirty (30) years after the Term Commencement Date; provided that if such date occurs within an NFL Season or within thirty (30) days following an NFL Season, such date shall be automatically extended to the date that is thirty (30) days following the end of such NFL Season, as applicable, or (ii) the date on which the Stadium Lease is terminated pursuant to the express rights and terms of the Stadium Lease.

  • Offer Expiration Date has the meaning specified in Section 4.04(e) hereof.

  • Warrant Expiration Date means 5:00 P.M. (New York time) on __________, 2001 or the Redemption Date as defined in Section 8, whichever is earlier; provided that if such date shall in the State of New York be a holiday or a day on which banks are authorized or required to close, then 5:00 P.M. (New York time) on the next following day which in the State of New York is not a holiday or a day on which banks are authorized or required to close. Upon notice to all warrantholders the Company shall have the right to extend the warrant expiration date.

  • Stated Expiration Date has the meaning specified in Section 3.05(d).

  • License expiration date means June 30 of even-numbered years.

  • Extended Termination Date has the meaning specified in Section 2.16(c).

  • Scheduled Expiration Date is defined in Schedule 1 to the Lease.

  • Indemnification Period means the period of time during which Indemnitee shall continue to serve as a director or as an officer of the Corporation, and thereafter so long as Indemnitee shall be subject to any possible Proceeding arising out of acts or omissions of Indemnitee as a director or as an officer of the Corporation.

  • Escrow Termination Date has the meaning ascribed to such term in Section 9.12.

  • Indemnity Period means the period during which the results of the business are affected resulting from the occurrence beginning with the date of the accident causing injury but not exceeding the maximum indemnity period

  • Lease Termination Date means the last day of the Lease Term.

  • Letter of Credit Expiration Date means the day that is seven days prior to the Maturity Date then in effect (or, if such day is not a Business Day, the next preceding Business Day).

  • Revolving Credit Expiration Date means December 31, 2010, or such later date as to which the Lender shall, in its discretion, agree to extend the Revolving Credit Expiration Date.

  • Initial Termination Date has the meaning set forth in Section 8.2(a).

  • Expiration Date shall have the meaning set forth in Section 7(a) hereof.

  • Appointment Expiration Time has the meaning set forth in Section 3.7.

  • Defect Liability Period in relation to a work means the specified period from the date of COMPLETION CERTIFICATE upto the date of issue of FINAL CERTIFICATE during which the CONTRACTOR stands responsible for rectifying all defects that may appear in the works executed by the CONTRACTOR in pursuance of the CONTRACT and includes warranties against Manufacturing/Fabrication/ Erection/Construction defects covering all materials plants, equipment, components, and the like supplied by the CONTRACTOR, works executed against workmanship defects.