Indemnity Term definition

Indemnity Term means the period beginning on the GP Termination Date and ending on the tenth anniversary thereof.
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Indemnity Term means the period beginning as of the date of the Partnership Agreement and ending December 31, 2007.
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Indemnity Term has the meaning set out in Section 8.6;
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Examples of Indemnity Term in a sentence

  • The Employer agrees to pay the premiums for a Double Indemnity Term Life Insurance Policy for all regular seniority employees.

  • Double Indemnity Term Life Amount $20,000 NAME: BUILDING: POSITION: DATE: EVALUATOR: 1.

  • In the event of the absence of any Claim, as from the first day following the completion of the Indemnity Term, each of the Parties hereby waives, releases and forever discharges the other Parties from all Losses existing as of such date or arising thereafter, known and unknown, arising out of or in any way connected with the representations and warranties contained in this Agreement.

  • This is regardless of the maximum percentage of calls being higher for the 20 region case (47.5%), which is only apparent at lower call origination probabilities when resources are plentiful.

  • The provisions of this Agreement dealing with Delivery, Payment and Set-Off, Warranty, Pricing, Confidential Information and Advertising, Intellectual Property Indemnity, Term of Availability, U.S. Customs, Marking, and Duty Drawback Requirements, Compliance with Laws, and General shall survive termination or expiration of this Agreement.

  • Provisions that survive termination or expiration of this Agreement are those relating to payment, Warranties, Intellectual Property, Limitation of Liability and Indemnity, Term of Agreement, Confidentiality, General and others which by their nature are intended to survive.

  • Employer hereby agrees to maintain in full force and effect, during the Indemnity Term, indemnification obligations and insurance that satisfy the requirements of this Section.

  • During the Indemnity Term, the Aggregate Indemnity Amount shall be reduced dollar for dollar for any amounts paid by either the Seller or the Parent towards Indemnified Damages or otherwise under the APA and this Agreement.


More Definitions of Indemnity Term

Indemnity Term means the term of this Agreement and thereafter for at least eight years and, to the extent any claim is pending or threatened at the end of such eight-year period, until each such claim is fully and finally resolved (through a final, unappealable court order, arbitration award, settlement, or otherwise) in a manner that conclusively determines the ultimate liability of Employee with respect thereto. Employer shall promptly furnish evidence reasonably satisfactory to Employee of its compliance with this Section. If Employer fails to so furnish such evidence to Employee, Employee may, at the expense of Employer, obtain such insurance. Employer will promptly reimburse Employee for the cost of any such insurance plus pay interest on the amount thereof at the highest lawful rate from the date Employee requests such payment until Employee is fully paid. In any instance where Employer is required to indemnify Employee pursuant to this Section 21, Employee shall provide reasonably prompt notice to Employer of any covered claim or threat of claim that Employee knows about, and shall allow Employer to choose counsel, manage litigation, and settle litigation to the extent of Employer's indemnity.
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Related to Indemnity Term

  • 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.

  • 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

  • Indemnity Threshold has the meaning set forth in Section 9.3.

  • Indemnification Notice has the meaning set forth in Section 11.3(a).

  • Indemnification Event means any event, action, proceeding or claim for which a Person is entitled to indemnification under this Agreement.

  • Survival Period has the meaning set forth in Section 11.1.

  • Indemnification Cap has the meaning set forth in Section 9.4(a).

  • Indemnification Claim has the meaning set forth in Section 8.4(a).

  • Indemnification Escrow Fund has the meaning set forth in Section 2.12(a).

  • Indemnification Claim Notice has the meaning set forth in Section 11.3.

  • Claim Period means the period of time during which a Settlement Class Member must submit a Claim Form to be eligible to receive a Cash Benefit or Billing Credit Option as part of the Settlement. The Claim Period shall commence not later than thirty (30) days after the Preliminary Approval Date, as defined herein, and shall conclude not more than ninety (90) days after it commences.

  • Indemnity Matters means any and all actions, suits, proceedings (including any investigations, litigation or inquiries), claims, demands and causes of action made or threatened against a Person and, in connection therewith, all losses, liabilities, damages (including, without limitation, consequential damages) or reasonable costs and expenses of any kind or nature whatsoever incurred by such Person whether caused by the sole or concurrent negligence of such Person seeking indemnification.

  • Indemnification Threshold has the meaning set forth in Section 11.5.

  • Indemnifiable Damages shall have the meaning set forth in Section 9.1 herein.

  • Indemnity Cap has the meaning set forth in Section 9.2(b).

  • insurance period means a contribution period or an equivalent period;

  • Indemnity, Subrogation and Contribution Agreement means the Indemnity, Subrogation and Contribution Agreement among Xxxxx 0, the Borrower, the Subsidiary Loan Parties and the Collateral Agent, substantially in the form of Exhibit C-3.

  • Indemnity Payment shall have the meaning set forth in Section 4.4(a).

  • Indemnification Escrow Amount has the meaning set forth in Section 2.2(b).

  • Indemnity Notice shall have the meaning specified in Section 9.3(b).

  • Indemnification Obligation means any existing or future obligation of any Debtor to indemnify current and former directors, officers, members, managers, sponsors, agents or employees of any of the Debtors who served in such capacity, with respect to or based upon such service or any act or omission taken or not taken in any of such capacities, or for or on behalf of any Debtor, whether pursuant to agreement, letters, the Debtors’ respective memoranda, articles or certificates of incorporation, corporate charters, bylaws, operating agreements, limited liability company agreements, or similar corporate or organizational documents or other applicable contract or law in effect as of the Effective Date.

  • Fraud Loss Coverage Termination Date The point in time at which the Fraud Loss Coverage Amount is reduced to zero.

  • Indemnity Claim has the meaning set forth in Section 8.3.

  • Coverage Term means the period of Coverage for which the Life Insured is covered under the Policy, commencing from the Effective Date of Coverage to the Termination Date of Coverage and shall be of a term as mentioned in the Policy Schedule attached herewith & as mentioned in the Certificate of Insurance.

  • Survival Date has the meaning set forth in Section 9.1.

  • Indemnification Expenses shall have the meaning set forth in Section 6.11(a).