Right of indemnity you have the right of indemnity against the assets of the trust under the trust deed and there has not, and will not be, any breach of trust or any other action that will prevent you from enforcing your rights under that indemnity;
Right of indemnity. (i) you have the right to be indemnified out of the Trust assets in relation to any liability arising under or in connection with the proper performance of your rights and obligations under this Agreement; and
Right of indemnity. The Manager shall be indemnified out of the relevant Trust in respect of any liability, cost or expense properly incurred by it in its capacity as Manager of the relevant Trust.
Right of indemnity. The Company shall protect, defend, indemnify and hold Silleroy harmless to the fullest extent permitted by Delaware law from and against any liability, loss, expense, damage or injury suffered or sustained by reason of any acts, omissions, or alleged acts or omissions arising out of his activities on behalf of the Company or in furtherance of the interests of the Company, including, but not limited to, any judgment, award, settlement, reasonable attorneys’ fees and other costs or expenses incurred in connection with the defense of any actual or threatened action, proceeding or claim.
Right of indemnity. Upon and subject to the terms and conditions hereof, the Corporation will indemnify and save harmless the Indemnified Party and the Indemnified Party’s heirs and personal and other legal representatives from and against all Liabilities, to the fullest extent permitted by applicable law.
Right of indemnity. The Organisation represents and warrants that:
Right of indemnity. Principal of indemnity operates between principal debtor and surety where principal debtor becomes implied indemnifier and surety becomes implied indemnity holder. Therefore, surety can make principal debtor answerable for all sufferings.
Right of indemnity. The right of ARENA to be indemnified under this clause 17 is in addition to, and not exclusive of, any other right, power or remedy provided by law, but ARENA is not entitled to be compensated in excess of the amount of the relevant Loss.
Right of indemnity. The Consultant agrees to exercise the Consultant’s right of indemnity from the trust fund and the beneficiaries of the trust in respect of the Consultant’s obligations under this Agreement.
Right of indemnity. Section 145 of the Contract Act lays down that in every contract of guarantee there is an implied promise by the principal debtor to indemnify (to pay back) the surety, and the surety is entitled to recover from the principal debtor whatever amount he has rightfully paid under the guarantee, but no amount which he has paid wrongfully. For example, S guarantees to C to the extent of Rs, 3,000 payment for sugar to be supplied by C to D. Then C supplies to D sugar for ` 2,000 but obtains from S payment of `3,000 in respect of sugar supplied. S cannot recover from D more than ` 2,000, the actual amount of the sugar supplied. In this connection the following principles were laid down:
