Seller Indemnified Amounts definition

Seller Indemnified Amounts has the meaning set forth in Section 13.01(a).

Seller Indemnified Amounts has the meaning set forth in Section 11.02.

Seller Indemnified Amounts shall have the meaning provided in Section 7.1(a) hereof.

Examples of Seller Indemnified Amounts in a sentence

• The Sponsor shall be jointly and severally liable for any Seller Indemnified Amounts and any Repurchase Amounts and all Repurchase Event Fees and Expenses payable under the Student Loan Purchase Agreement, all amounts payable by the SPV Administrator pursuant to Section 7.02 and all amounts payable by the Master Servicer pursuant to Section 7.03.

• Each of the parties hereto acknowledges and agrees that the Conduit Lender, the Department and the other Affected Parties are express third party beneficiaries hereof entitled to enforce all of the obligations of the Seller with respect to payment of Repurchase Amounts, Repurchase Event Fees and Expenses and Seller Indemnified Amounts owed by the Seller and to enforce the terms hereof as if they were parties hereto.

• Such amounts shall be paid not later than thirty (30) days after receipt by Purchaser of written notice from Seller stating that such Seller Indemnified Amounts have been incurred and the amount thereof and of the related indemnity payment; provided, however, that any disputed amounts shall be due and payable within thirty (30) days after such amounts are finally determined to be owing by Purchaser to Seller and Shareholder.

• Seller and Shareholder shall have the right, by written notice, time being of the essence, within five (5) business days after receipt of notice from Purchaser of their intention to seek to receive such Seller Indemnified Amounts or Set-Off Amounts, to direct Purchaser or the Escrow Agent to satisfy such Seller Indemnified Amount or Set-Off Amount from all or a portion of either the Medialink Shares, or the payments under this Agreement or the Non-Compete Agreement.

• For the avoidance of doubt, there shall be no recourse to the Servicer for Seller Indemnified Amounts other than to the extent expressly provided for in this Agreement or in any other Transaction Document.

More Definitions of Seller Indemnified Amounts

Seller Indemnified Amounts shall have the meaning provided in Section 7.1 hereof.

Seller Indemnified Amounts has the meaning set forth in Section 13.01(a). “Seller Indemnified Party” has the meaning set forth in Section 13.01(a).

Seller Indemnified Amounts has the meaning set forth in Section 6.1.

Seller Indemnified Amounts has the meaning given to such term in Section 5.07 of the Purchase Agreement.

Seller Indemnified Amounts with respect to [the] [any] Seller, shall have the meaning specified in [the] [related] Student Loan Purchase Agreement.]

Seller Indemnified Amounts has the meaning set forth in Section 11.02. “Seller Indemnified Party” has the meaning set forth in Section 11.02. “Seller Obligations” means all present and future indebtedness, reimbursement obligations, and other liabilities and obligations (howsoever created, arising or evidenced, whether direct or indirect, absolute or contingent, or due or to become due) of the Seller to any Secured Party, arising under or in connection with this Agreement or any other Transaction Document or the transactions contemplated hereby or thereby, and shall include all Capital and Yield, all Fees and all other amounts due or to become due under the Transaction Documents (whether in respect of fees, costs, expenses, indemnifications or otherwise), including interest, yield, fees and other obligations that accrue after the commencement of any Relief Proceeding with respect to the Seller (in each case whether or not allowed as a claim in such proceeding). “Seller-Related Party” means each of the Seller, the Servicer, the Performance Guarantor, the Parent, the Originators, the Aggregator and any other Affiliate of the Parent from time to time party to any Transaction Document. “Servicer” has the meaning set forth in the preamble to this Agreement. “Servicer Indemnified Amounts” has the meaning set forth in Section 11.03. “Servicer Indemnified Party” has the meaning set forth in Section 11.03. “Servicing Fee” means the fee referred to in Section 8.06(a). “Servicing Fee Rate” means 1.00% per annum. “Settlement Date” means (i) so long as no Event of Default has occurred and is continuing and the Termination Date has not occurred, each Monthly Settlement Date and (ii) on and after the Termination Date or if an Event of Default has occurred and is continuing, each day selected from time to time by the Administrative Agent (it being understood that the Administrative Agent may select such Settlement Date to occur as frequently as daily), or, in the absence of such selection, the Monthly Settlement Date.

Seller Indemnified Amounts has the meaning set forth in para (a) of Schedule 5 (Indemnities) Part 1 of this Agreement.