Operator Indemnified Party definition

Operator Indemnified Party means Operator, its shareholders, partners, principals, Affiliates, officers, directors, employees, agents and representatives.

Operator Indemnified Party means the Operators, the Affiliates of either of the Cenac Companies and each of their respective officers, directors (or persons performing equivalent functions), employees, agents and counsel.

Operator Indemnified Party means Operator, its successors and assigns, and each of their Associated Parties.

Examples of Operator Indemnified Party in a sentence

• Owner shall be entitled to control the handling of any such claim and to defend or settle any such claim, in its sole discretion, with counsel of its own choosing that is reasonably acceptable to the Operator Indemnified Party; provided, however, that, in the case of any such settlement, Owner shall obtain written release of all liability of the Operator Indemnified Party, in form and substance reasonably acceptable to the Operator Indemnified Party.

• The amount of any such indemnity payable by the Owner shall be reduced by the amount of all insurance proceeds received by the Operator Indemnified Party in respect of the occurrence of the event which gave rise to the indemnification obligation hereunder.

• An Operator Indemnified Party shall promptly notify Owner of the assertion of any claim against it for which it is entitled to be indemnified hereunder, shall give Owner the opportunity to defend such claim, and shall not settle the claim without the approval of Owner.

• Each Issuer and Platform Operator Indemnified Party shall, in its sole discretion, have the right to select and employ separate counsel with respect to any action or claim brought or asserted against it, and the reasonable fees, costs and expenses of such counsel shall be paid, upon demand, by the Issuer.

• Subscriber shall not, however, be required to reimburse or indemnify any Operator Indemnified Party for any Loss to the extent such Loss is due to the negligence or willful misconduct of any Operator Indemnified Party.

• Any indemnification payable with respect to a claim by an Operator Indemnified Party hereunder shall be net of any insurance proceeds paid to such Person under its or the Owner’s insurance policies with respect to the circumstances giving rise to the Owner’s indemnification of such Person hereunder.

• Notwithstanding the foregoing, each Operator Indemnified Party shall have the right to employ its own separate counsel in connection with, and to participate in (but, except as provided below, not control) the defense of, such claim, but the fees and expenses of such counsel incurred after notice to the District of its assumption of the defense thereof shall be at the expense of such Operator.

• Purchaser and Seller shall jointly inspect the Dwelling prior to Closing (“Orientation”).

• If a claim for Liabilities is to be made by a Lessee Indemnified Party or Operator Indemnified Party (each of which for purposes of this paragraph is referred to as an “Indemnified Party”), the Indemnified Party shall give written notice to the party providing the indemnity (the “Indemnifying Party”) as soon as practicable after the Indemnified Party obtains knowledge of such claim.

• This indemnity shall survive the Termination Date, and payment of a Liability by an Operator Indemnified Party shall not be a condition precedent to the obligations of the Lessee under this Indemnity.

More Definitions of Operator Indemnified Party

Operator Indemnified Party has the meaning specified in Section 10.4.

Operator Indemnified Party means Operator and its shareholders, officers, directors, employees, agents, representatives and Affiliates.

Operator Indemnified Party or “Operator Indemnified Parties” has the meaning set forth in Section 4.01.

Operator Indemnified Party has the meaning set forth in Section 10.1(b). --------------------------

Operator Indemnified Party is defined in Section 13.2.

Operator Indemnified Party is defined in Section 9.2.