Other Indemnitors definition
Examples of Other Indemnitors in a sentence
The Company further agrees that no advancement or payment by the Other Indemnitors on behalf of Indemnitee with respect to any claim for which Ixxxxxxxxx has sought indemnification from the Company shall affect the foregoing and the Other Indemnitors shall have a right of contribution and/or be subrogated to the extent of such advancement or payment to all of the rights of recovery of Indemnitee against the Company.
HASI further agrees that no advancement or payment by the Other Indemnitors on behalf of Indemnitee with respect to any claim for which Xxxxxxxxxx has sought indemnification from HASI shall affect the foregoing and the Other Indemnitors shall have a right of contribution and/or be subrogated to the extent of such advancement or payment to all of the rights of recovery of Indemnitee against HASI.
The Company and Indemnitee agree that the Other Indemnitors are express third party beneficiaries of the provisions of this Section 11(b).
The Company further agrees that no payment of Expenses or losses by the Other Indemnitor(s) to or for the benefit of Indemnitee shall affect the obligations of the Company hereunder.
HASI and Indemnitee agree that the Other Indemnitors are express third party beneficiaries of the terms of this Section 8(c).