Lender Indemnified Party definition

Lender Indemnified Party has the meaning assigned to such term in Section 10.03(c).

Lender Indemnified Party has the meaning given to it in Section 6.11.

Lender Indemnified Party means Lender and its Affiliates, and each of their respective current, former and future officers, directors and employees.

Examples of Lender Indemnified Party in a sentence

• Should Borrower elect to engage its own counsel acceptable to the Indemnified Party and Lender, the Indemnified Party and Lender may continue to participate in the defense of any such Indemnified Matter and will retain the right to settle any such matter on terms and conditions satisfactory to Lender, Indemnified Party and Borrower.

• For the avoidance of doubt “cost” includes any costs and/or expenses incurred by a Lender Indemnified Party in responding to subpoenas, civil investigative demands or any other inquiries or proceedings by Governmental Authorities relating to the foregoing.

• If any of the Lender Indemnified Parties has knowledge of any such event, such Lender Indemnified Party shall promptly advise FINSYNC of any actual or pending actions or circumstances which could reasonably give rise to any action contemplated and described herein.

• Principal shall reimburse Lender for all out-of-pocket costs of Lender reasonably incurred by Lender or any Lender Indemnified Party in complying with this Section 7.04(b).

• Without limitation, all obligations of the Borrower hereunder or under any other Loan Document to make payments to or indemnify any Lender Party or Lender Indemnified Party (including but not limited to obligations arising under Sections 3.16, 3.17, 10.06 and 10.16 hereof) shall survive the payment in full of all other Loan Obligations, termination of the Borrower's right to borrow hereunder, and all other events and conditions whatever.

• Without limitation, all obligations of the Borrower hereunder or under any other Loan Document to make payments to or indemnify any Lender Party or Lender Indemnified Party (including obligations arising under Sections 2.9, 2.10 and 9.6) shall survive the payment in full of all other Loan Obligations, termination of the Borrower's right to borrow hereunder, and all other events and conditions whatever.

• Such right shall exist whether or not such debt owing to, or funds held for the account of, the Performance Guarantor, is or are matured other than by operation of this Section 14 and regardless of the existence or adequacy of any collateral, guaranty or any other security, right or remedy available to any Lender Indemnified Party.

• Without limitation, all obligations of the Borrower hereunder or under any other Loan Document to make payments to or indemnify any Lender Party or Lender Indemnified Party (including but not limited to obligations arising under Sections 2.10, 2.11 and 10.06 hereof) shall survive the payment in full of all other Loan Obligations, termination of the Borrower's right to borrow hereunder, and all other events and conditions whatever.

• Any such Lender Indemnified Party in its capacity as such or such Related Party acting for such Lender Indemnified Party in connection with its capacity as such shall be fully justified in refusing to take or to continue to take any action under any Financing Document unless it shall first be indemnified to its satisfaction by the Lenders against any and all liability and expense which may be incurred by it by reason of taking or continuing to take any such action.

• The Borrower shall not be obligated to any Lender Indemnified Party pursuant to this paragraph if it has not received notice of the action with respect to which indemnification is sought.

More Definitions of Lender Indemnified Party

Lender Indemnified Party shall have the meaning specified in Section 14.2.

Lender Indemnified Party shall have the meaning set forth in Section 7.13(a). “Issuer Issuance Fee” means $25,000, payable on the Closing Date.

Lender Indemnified Party has the meaning set forth in Section 6.1(a).