Indemnity Undertaking definition

Indemnity Undertaking means the indemnity undertaking in the agreed form dated on or about the date of this Agreement pursuant to which, inter alia, Derby L.L.C and Perseus Cycle L.L.C agree to make claims arising in respect of Clauses 6 and 9 of the Recapitalisation Agreement and to apply the proceeds of any such claim in the manner detailed therein.
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Indemnity Undertaking means, with respect to any Item of Collateral or proposed Collateral (other than SBA Collateral or Legacy CMBS Collateral), an indemnity undertaking, addressed to Lender and delivered to Lender by or on behalf of the applicable sponsor of the transaction pursuant to which such Collateral has been or will be issued, in the form set forth in the TALF Standing Loan Facility Procedures (it being understood that (x) the form with respect to such Collateral other than Newly Issued CMBS Collateral shall be as set forth in the TALF Standing Loan Facility Procedures under the link “Form of Certification as to TALF Eligibility for Non-Mortgage-Backed ABS” and (y) the form with respect to Newly Issued CMBS Collateral shall be as set forth in the TALF Standing Loan Facility Procedures under the link “Form of Certification as to TALF Eligibility for Newly Issued CMBS”).
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Indemnity Undertaking means, with respect to any Item of Collateral or proposed Collateral (other than SBA Collateral), an indemnity undertaking, addressed to Lender and delivered to Lender by or on behalf of the applicable sponsor of the transaction pursuant to which such Collateral has been or will be issued, in the form set forth in the TALF Standing Loan Facility Procedures (it being understood that (x) the form with respect to Collateral other than CMBS Collateral shall be as set forth in the TALF Standing Loan Facility Procedures under the link “Form of Certification as to TALF Eligibility for Non-Mortgage-Backed ABS” and (y) the form with respect to CMBS Collateral shall be as set forth in the TALF Standing Loan Facility Procedures under the link “Form of Certification as to TALF Eligibility for Newly Issued CMBS”).
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Examples of Indemnity Undertaking in a sentence

  • Any action taken on behalf of the Trust by the Trust Depositor prior to the date hereof with respect to TALF, including execution of any Indemnity Undertaking and Certificate as to TALF Eligibility, is hereby ratified.

  • AND THE CONTRACTOR hereby agrees with BCPL that: i) This Indemnity/Undertaking shall be a continuing Indemnity/ Undertaking and shall remain valid and irrevocable for all claims of BCPL arising hereunder upto and until the midnight of .

  • Provided the Company is not in breach of its indemnification obligations hereunder, no Indemnified Party may settle or compromise any Claim subject to indemnification hereunder without the consent of the Company provided that prior thereto such Indemnified Party has been furnished with an Indemnity Undertaking.

  • Any action taken on behalf of the Trust by the Certificateholder (as Certificateholder or Depositor) prior to the date hereof with respect to TALF, including execution of any Indemnity Undertaking and Certificate as to TALF Eligibility, is hereby ratified.

  • Provided the Company is not in breach of its indemnification obligations hereunder, no Indemnified Party may settle or compromise any claim subject to indemnification hereunder without the consent of the Company, provided, that prior thereto such Indemnified Party has been furnished with an Indemnity Undertaking.

  • It is understood and agreed that the Eligible Collateral Schedule (as defined below) shall not include any assets with respect to which (i) Offering Materials shall not have been delivered to Custodian and (ii) an Auditor Attestation and an Indemnity Undertaking shall not have been delivered to Lender, in each case prior to 5:00 p.m. on the fourth Business Day prior to the scheduled Loan Closing Date.

  • On or prior to the TALF Delivery Date, the Sponsor will have executed the Indemnity Undertaking relating to the Notes, substantially in the form required under the TALF Program, and delivered such Indemnity Undertaking to the FRBNY, with a copy to the Representative.

  • Provided the Company is not in breach of its indemnification obligations hereunder, no Indemnified Party may settle or compromise any claim subject to indemnification hereunder without the consent of the Company provided that prior thereto such Indemnified Party has been furnished with an Indemnity Undertaking.

  • Any action taken on behalf of the Trust by the Depositor prior to the date hereof with respect to TALF, including execution of any Indemnity Undertaking and Certificate as to TALF Eligibility, is hereby ratified.

  • On or prior to the date that is required by the FRBNY under the TALF Program (the “TALF Delivery Date”), the Sponsor will have executed the Indemnity Undertaking relating to the Notes, substantially in the form required under the TALF Program, and delivered such Indemnity Undertaking to the FRBNY, with a copy to the Representative.


More Definitions of Indemnity Undertaking

Indemnity Undertaking means the Indemnity Agreement to be dated the Exchange Date by Dynegy and DHI in favor of CUSA and its Affiliates, in the form of Exhibit E hereto.
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Related to Indemnity Undertaking

  • L/C Undertaking has the meaning set forth in Section 2.12(a).

  • Group Undertaking means any undertaking in the Group, including the Company;

  • railway undertaking means any public or private undertaking licensed according to this Directive, the principal business of which is to provide services for the transport of goods and/or passengers by rail with a requirement that the undertaking ensure traction; this also includes undertakings which provide traction only;

  • parent undertaking means a parent undertaking as defined in point (15)(a) of Article 4(1) of Regulation (EU) No 575/2013;

  • Confidentiality Undertaking means a confidentiality undertaking in substantially the appropriate form recommended by the LMA from time to time or in any other form agreed between the Borrowers and the Facility Agent.