Examples of Related Indemnified Parties in a sentence
In this paper, we compare how prosody is used for action formation in the two varieties.
Each of the Administrative Agent and the Lenders hereby agrees, on behalf of itself and its Related Indemnified Parties, that any settlement entered into by the Administrative Agent or such Lender, respectively, and its Related Indemnified Party in connection with a claim or proceeding for which an indemnity claim is made against the Borrower pursuant to the preceding sentence shall be so entered into in good faith and not on an arbitrary or capricious basis.
If, as of any Measurement Date, the total amount of all General Proceeds received by any Party and its Related Indemnified Parties since the Effective Date (including any prior amounts received by such Party and its Related Indemnified Parties pursuant to this Section 3(b)) exceeds such Party’s and its Related Indemnified Parties’ Pro-Rata Portion of such General Proceeds, then such Party shall pay such excess amount to the other Party.
The Indemnifying Party will have no obligation to indemnify and hold harmless the Indemnified Party or its Related Indemnified Parties in respect of any Losses which are finally judicially determined to have primarily resulted from the Misconduct of the Indemnified Party or a Related Indemnified Party, as the case may be.
The Indemnified Party and its Related Indemnified Parties have the right to participate at their own expense in the claim or suit.