Notice of Indemnification definition

Notice of Indemnification has the meaning set forth in Section 14.4(a) of this Agreement.
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Notice of Indemnification. GLOBAL: GLOBAL HEREBY ACKNOWLEDGES AND AGREES THAT THIS AGREEMENT CONTAINS CERTAIN INDEMNIFICATION PROVISIONS PURSUANT TO SECTION 8.3 HEREOF. GLOBAL GEOPHYSICAL SERVICES, INC., a Delaware corporation, d/b/a GGS Seismic, Inc. By: Xxxxx Xxxxxxxx Senior Vice President, CFO BORROWER: GLOBAL GEOPHYSICAL SERVICES, INC., a Delaware corporation, d/b/a GGS Seismic, Inc. By: Xxxxx Xxxxxxxx Senior Vice President, CFO GGS INTERNATIONAL HOLDINGS, INC., a Texas corporation By: Xxxxx Xxxxxxxx Senior Vice President, CFO AUTOSEIS, INC., a Texas corporation By: Xxxxx Xxxxxxxx Senior Vice President, CFO List of Attachments: Schedule of Definitions Exhibit “A” - Land Description Exhibit “B” - Budget Exhibit “C” - Affidavit of Completion Schedule 3.8 – Exception from retainage Annex I – Interest Rate Options SCHEDULE OF DEFINITIONS
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Notice of Indemnification has the meaning ascribed to it in Section 9.5.
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Examples of Notice of Indemnification in a sentence

  • The student/parent will complete the form (and the Notice of Indemnification for Participation in a Non-School Sponsored Educational Travel Program.) The form will be given to tour leader who will supply the information for the appropriate section.

  • If the indemnifying party does not notify the indemnified party within thirty (30) calendar days after receipt of the Notice of Indemnification Claim that the indemnifying party elects to undertake the defense thereof, the indemnified party shall have the right to contest, settle or compromise the claim in the exercise of its exclusive discretion at the expense of the indemnifying party.

  • Outcome – Council Committee Meeting 21 July 2009 The Executive Manager, City Services informed the committee members that the City has not been provided with any Notice of Indemnification from the proponent.

  • Nothing in this Notice of Indemnification will in any way impair or detract from the Company’s obligations to you according to a notice of indemnification given to you before this Notice took effect, as long as said undertakings are legally valid.

  • Nothing in this Notice of Indemnification will cancel or detract from or void any other indemnification to which you are entitled from any other source under the provisions in the law and according to any other obligation.

  • The aggregate, maximum amount of indemnity that the Company shall pay to its all of its present and/or future officeholders pursuant to the current Notice of Undertaking for one or more of the types of eligible events listed in the Notice of Indemnification, will not exceed the equivalent in NIS of USD 300 million (three hundred million dollars) (hereinafter, “maximum indemnification amount”).

  • If a claim by a third party is made against an indemnified party, and if the indemnified party intends to seek indemnity with respect thereto under this Section 6, such indemnified party shall promptly notify the indemnifying party of such claim in writing ("Notice of Indemnification Claim").

  • If the Indemnitor fails to deliver a Response Notice within thirty (30) days after its receipt of a Notice of Indemnification Claim, the Escrow Agent shall release to the Parent Indemnitee the Claimed Amount.

  • The Notice of Indemnification shall describe the Loss, submit the provisions of this Agreement from which the right of indemnification shall take place, include copies of the available written documents and indicate the estimated amount, if reasonably possible, of the Loss suffered by the Indemnified Party.

  • In case of Non-Third Party Claims, the payment of the indemnification shall be made by the Indemnified Party within fifteen (15) days counted from the date of the receipt of the Notice of Indemnification.


More Definitions of Notice of Indemnification

Notice of Indemnification. THE PARTIES TO THIS SECOND AMENDMENT HEREBY ACKNOWLEDGE AND AGREE THAT THIS SECOND AMENDMENT (AND ATTACHED EXHIBITS) CONTAINS CERTAIN INDEMNIFICATION PROVISIONS.
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Notice of Indemnification. THE PARTIES TO THIS LEASE HEREBY ACKNOWLEDGE AND AGREE THAT THIS LEASE (AND ATTACHED EXHIBITS)CONTAINS CERTAIN INDEMNIFICATION PROVISIONS.
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Notice of Indemnification. THE PARTIES TO THIS AMENDMENT HEREBY ACKNOWLEDGE AND AGREE THAT THIS AMENDMENT CONTAINS CERTAIN INDEMNIFICATION PROVISIONS.
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Related to Notice of Indemnification

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

  • Limit of Indemnity means the amount stated in the Schedule pursuant to Clause 5 of this Policy.

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

  • Indemnification Provisions means each of the Debtors’ indemnification provisions currently in place whether in the Debtors’ bylaws, certificates of incorporation, other formation documents, board resolutions, or contracts for the current and former directors, officers, managers, employees, attorneys, other professionals, and agents of the Debtors and such current and former directors’, officers’, and managers’ respective Affiliates.

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

  • Indemnification Cap has the meaning set forth in Section 9.3(a).

  • Indemnification Obligation means any existing or future obligation of any Debtor to indemnify current and former directors, officers, members, managers, 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, the Debtors’ respective memoranda, articles or certificates of incorporation or formation, 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, excluding any obligation to indemnify any of the foregoing parties with respect to any act or omission for or on behalf of the Debtors arising out of any act or omission determined by a Final Order to constitute actual fraud, willful misconduct, or gross negligence.

  • Indemnification Obligations means each of the Debtors’ indemnification obligations in place as of the Effective Date, whether in the bylaws, certificates of incorporation or formation, limited liability company agreements, other organizational or formation documents, board resolutions, management or indemnification agreements, or employment or other contracts, for their current and former directors, officers, managers, members, employees, attorneys, accountants, investment bankers, and other professionals and agents of the Debtors.

  • Indemnification Escrow Fund means the Indemnification Escrow Amount deposited into escrow pursuant to the Escrow Agreement, together with any interest and income earned thereon.

  • Indemnification Escrow Agreement means that certain Indemnification Escrow Agreement in the form attached hereto as Exhibit D, with such changes as may be agreed to among the Buyer, the Seller and the Escrow Agent.

  • Indemnification Claim has the meaning set forth in Section 10.3.

  • Indemnification means an agreement of indemnity or a release from liability where the intent or effect is to shift or limit in any manner the potential liability of the person or firm for failure to adhere to applicable auditing or professional standards, whether or not resulting in part from knowing of other misrepresentations made by the insurer or its representatives.

  • 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.

  • Limitation of Liability Insert the following Section 15, after Section 14:

  • Indemnification Agreements has the meaning set forth in Section 2.5.

  • Indemnified Matters has the meaning specified therefor in Section 12.15.

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

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

  • Exculpation means the exculpation provision set forth in Article X.E hereof.

  • Third Party Claim Notice shall have the meaning set forth in Section 6.5(a).

  • 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.

  • Company Indemnitees shall have the meaning set forth in Section 5.02.

  • Company Indemnified Party has meaning set forth in Section 8(b) hereof.

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