Trustee Indemnified Person definition

Trustee Indemnified Person has the meaning set forth in Section 10.4(b).
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Trustee Indemnified Person shall have the meaning ascribed to such term in Section 7.05 hereof.
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Trustee Indemnified Person shall have the meaning set forth in Section 4.08.
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Examples of Trustee Indemnified Person in a sentence

  • The indemnification of the Trustee and any other Trustee Indemnified Party provided for under Section 8.05 or any other Section of this Agreement hereof and the lien securing payment of such indemnification shall survive any resignation or removal of the Trustee hereunder and the termination of the Trust (but not the distribution of Trust assets) and inure to the benefit of any successor to the Trustee or a Trustee Indemnified Person.

  • Failure by a Certificate Trustee Indemnified Person to so notify the Note Issuer shall relieve the Note Issuer from the obligation to indemnify and hold harmless such Certificate Trustee Indemnified Person under this Section 6.06(b) only to the extent that the Note Issuer suffers actual prejudice as a result of such failure.

  • Promptly after receipt by a Certificate Trustee Indemnified Person of notice of its involvement in any action, proceeding or investigation, such Certificate Trustee Indemnified Person shall, if a claim for indemnification in respect thereof is to be made against the Note Issuer under this Section 6.06(b), notify the Note Issuer in writing of such involvement.

  • The Indenture Trustee Indemnified Person shall notify the Issuer in writing as soon as is reasonably practicable of any claim for which it may seek indemnity.

  • Upon assumption by the Note Issuer of the defense of any such action, proceeding or investigation, the Certificate Trustee Indemnified Person shall have the right to participate in such action or proceeding and to retain its own counsel.

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  • The Issuer shall defend the claim; the Indenture Trustee Indemnified Person may have separate counsel; and the Issuer shall pay the reasonable fees and expenses of such separate counsel; provided that the Issuer shall not be obligated to pay for the fees and expenses of more than one separate counsel for the Indenture Trustee Indemnified Person other than one local counsel, if appropriate.

  • The Issuer shall not be required to indemnify the Indenture Trustee Indemnified Person for any amount paid or payable by such Indenture Trustee Indemnified Person in the settlement of any action, proceeding or investigation without the prior written consent of the Issuer, which consent shall not be unreasonably withheld.

  • Should the Sponsor fail to pay any amount to any Trustee Indemnified Person when due, the Trustee, on behalf of itself or such other Trustee Indemnified Person, shall be authorized to charge such amount to the Trust.

  • To the fullest extent permitted by law, Expenses to be incurred by a Trustee Indemnified Person shall, from time to time, be advanced by, or on behalf of, the Sponsor prior to the final disposition of any matter upon receipt by the Sponsor of an undertaking by, or on behalf of, such Trustee Indemnified Person to repay such amount if it shall be determined that the Trustee Indemnified Person is not entitled to be indemnified under this Amended and Restated Declaration of Trust.


More Definitions of Trustee Indemnified Person

Trustee Indemnified Person is defined in Section 3.1 of the Trust Agreement.
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Related to Trustee Indemnified Person

  • Servicer Indemnified Party As defined in Section 8.05(c) of this Agreement.

  • Related Indemnified Person of an indemnified person means (a) any controlling person or controlled affiliate of such indemnified person, (b) the respective directors, officers, or employees of such indemnified person or any of its controlling persons or controlled affiliates and (c) the respective agents of such indemnified person or any of its controlling persons or controlled affiliates, in the case of this clause (c), acting at the instructions of such indemnified person, controlling person or such controlled affiliate; provided that each reference to a controlled affiliate or controlling person in this sentence pertains to a controlled affiliate or controlling person involved in the negotiation or syndication of this Agreement and the Term Loans.

  • Company Indemnified Person means (a) any Administrator; (b) any Affiliate of any Administrator; (c) any officers, directors, shareholders, members, partners, employees, representatives or agents of any Administrator; or (d) any officer, employee or agent of the Trust or its Affiliates.

  • Fiduciary Indemnified Person means each of the Institutional Trustee (including in its individual capacity), the Delaware Trustee (including in its individual capacity), any Affiliate of the Institutional Trustee or the Delaware Trustee, and any officers, directors, shareholders, members, partners, employees, representatives, custodians, nominees or agents of the Institutional Trustee or the Delaware Trustee.

  • Manager Indemnified Party has the meaning set forth in Section 8(a) hereof.

  • Seller Indemnified Party has the meaning set forth in Section 7.2.

  • Purchaser Indemnified Person is defined in Section 5.1 of the Sale Agreement.

  • Company Indemnified Party has meaning set forth in Section 8(b) hereof.

  • Seller Indemnified Persons has the meaning set forth in Section 8.3.

  • Holder Indemnified Party is defined in Section 4.1.

  • Holder Indemnified Persons means, with respect to each Holder, such Holder and its Affiliates and directors, officers, partners, employees, agents, representatives and control persons, entitled to indemnification by the Fund under Section 7 of this Agreement.

  • Company Indemnified Persons has the meaning set forth in Section 5(a).

  • Holder Indemnified Parties has the meaning set forth in Section 7(a).

  • Seller Indemnified Parties has the meaning set forth in Section 8.1.

  • Buyer Indemnified Party has the meaning set forth in Section 8.2.

  • Purchaser Indemnified Party shall have the meaning set forth in Section 9.1(a).

  • Company Indemnified Parties has the meaning specified in Section 7.8(a).

  • Indemnified Person has the meaning set forth in Section 11.3.

  • Tax Indemnified Party shall have the meaning set forth in Section 7.6(d).

  • Investor Indemnified Party is defined in Section 4.1.

  • Purchaser Indemnified Persons has the meaning specified in Section 11.01(a).

  • Buyer Indemnified Persons has the meaning set forth in Section 8.2.

  • Indemnified Parties shall have the meaning assigned to such term in Section 7.2.

  • Purchaser Indemnified Parties has the meaning set forth in Section 8.2.

  • Seller Indemnitee has the meaning set forth in Section 9.2(b).

  • D&O Indemnified Parties shall have the meaning set forth in Section 6.6(a).