Manager Indemnified Party definition

Manager Indemnified Party has the meaning set forth in Section 8(a) hereof.

Manager Indemnified Party shall have the meaning set forth in Section 11(a) of this Agreement.

Manager Indemnified Party has the meaning assigned thereto in Section 9.1.1 hereof;

Examples of Manager Indemnified Party in a sentence

• The provisions of this indemnity shall run directly to and be enforceable by a Collateral Manager Indemnified Party subject to the limitations hereof; provided that the indemnification of the Borrower, the Equityholder and their respective managers, officers, directors, employees and agents shall be in all respects junior and subordinate to the indemnification of the Indemnified Parties and their respective managers, officers, directors, employees and agents.

• Each Collateral Manager Indemnified Party and each Indemnified Party shall be an express third-party beneficiary of this Agreement to the extent set forth herein.

• Notwithstanding anything contained herein to the contrary, the obligations of the Issuer under this Section 10 to indemnify any Collateral Manager Indemnified Party for any Losses or Expenses are limited recourse obligations of the Issuer payable solely out of the Collateral in accordance with the Priority of Payments set forth in the Indenture.

• Indemnification pursuant to this provision shall be in addition to any right of the Manager or any such other Manager Indemnified Party to indemnification under Section 11 of this Agreement.

• Provided that the Company is not in breach of its indemnification obligations hereunder, no Manager Indemnified Party shall settle or compromise any claim subject to indemnification hereunder without the prior written consent of the Company.

More Definitions of Manager Indemnified Party

Manager Indemnified Party has the meaning set forth in Section 13(a).

Manager Indemnified Party has the meaning set forth in Section 8(f) of this Agreement.

Manager Indemnified Party has the meaning set forth in ‎Section 10 hereof.

Manager Indemnified Party means any of the following parties: (i) each director of the Board, (ii) the Manager, (iii) ManagementCo Shareholder (including when acting in the capacity as the Tax Matters Partner or the Partnership Representative), (iv) each Affiliate of the Manager or ManagementCo Shareholder, (v) each partner, stockholder, member, director, officer, fiduciary, manager, controlling Person, employee and agent of the Manager, ManagementCo Shareholder or any Affiliate of the Manager or ManagementCo Shareholder, including the Designated Individual, and (vi) each partner, stockholder, member, director, officer, fiduciary, manager, controlling Person, employee and agent of any Person specified in clause (v) of this sentence.

Manager Indemnified Party and “Manager Indemnified Parties” shall have the meanings set forth in Section 7.02(e).

Manager Indemnified Party is defined in subsection 2.6(b).

Manager Indemnified Party shall have the meaning set forth in Section 15(a) of this Agreement.