Related Indemnitee definition
Examples of Related Indemnitee in a sentence
No Indemnified Person shall enter into a settlement or other compromise with respect to any Claim without the prior written consent of Lessee, unless such Indemnified Person waives its right and the rights of its Related Indemnitee Group to be indemnified with respect to such Claim.
All rights (including, without limitation, the right to receive any indemnity payment under this Section 7.1) of an Indemnified Person and any member of such Indemnified Person’s Related Indemnitee Group shall be exercised solely by an Indemnified Person who is a party to this Agreement.
All rights (including, without limitation, the right to receive any indemnity payment under this Section 7.1) of an Indemnified Person and any member of such Indemnified Person’s Related Indemnitee Group shall be exercised solely by an Indemnified Person who is a party to this Agreement or a Back-Leveraging Indemnified Person who is a party to a Lessee Consent and is bound by an agreement, for the benefit of Lessee, described in Section 8.3.2(a)(ii).
In the case of any Claim indemnified by the -------------- Charterer hereunder which is covered by a policy of insurance maintained by the Charterer (or any Affiliate thereof), each Indemnitee and each member of its Related Indemnitee Group agrees to cooperate with the insurers in the exercise of the insurers' rights to investigate, defend, or compromise such Claim to retain the benefits of such insurance with respect to such Claim.
For purposes of this Section 5(b), if such Indemnitee is a Pass Through Trustee, the Subordination Agent or the Indenture Trustee or a director, officer, employee, agent, servant or Affiliate of any thereof, a Person shall be considered a "Related Indemnitee" with respect to any such Person if such Person is a Pass Through Trustee, the Subordination Agent or the Indenture Trustee or a director, officer, employee, agent, servant or Affiliate of any thereof.