Lender Claim definition
Examples of Lender Claim in a sentence
Indemnitor will be entitled to participate in the defense of any Lender Claim that is the subject of a notice given by Indemnitee pursuant to Section 2.3(a).
Indemnitee may retain separate co-counsel at its sole cost and expense and participate in the defense of the Lender Claim.
Subject to the limitations set forth in Section 2.2 below, Indemnitor shall indemnify and hold harmless Indemnitee from and against any Lender Claim.
Indemnitor will not consent to the entry of any judgment or enter into any compromise or settlement with respect to the Lender Claim without the prior written consent of Indemnitee unless such judgment, compromise or settlement (i) provides for the payment by Indemnitor of money as sole relief for the Lender Claimant and (ii) involves no finding or admission of any violation of law.
Each holder of a Prepetition Lender Claim is entitled to vote to accept or reject the Plan.