Seller Indemnity definition

Seller Indemnity has the meaning given to such term in Clause 9.1.2;
Seller Indemnity has the meaning given in Section 11.1.
Seller Indemnity means and includes Seller and any present or future officer, director, employee, affiliate, stockholder or agent of Seller.

Examples of Seller Indemnity in a sentence

  • INDEMNITIES 46 12.1 Seller Indemnity 46 12.2 Buyer Indemnity 46 12.3 Indemnification Conditions 46 12.4 Third Party Beneficiary Conditions 46 13.

  • Additional Seller Indemnity Obligations: Additional Purchaser Indemnity Obligations: Not applicable.

  • Once the total amount of such Damages exceeds the Seller Indemnity Deductible Amount, then the Seller Indemnitees shall be entitled to be indemnified and held harmless against and compensated and reimbursed for the amount of such Damages, that exceeds $500,000.

  • INDEMNITIES 47¶ 12.1 Seller Indemnity 47¶ 12.2 Buyer Indemnity 47¶ 12.3 Indemnification Conditions 48¶ 12.4 Third Party Beneficiary Conditions 48¶ 13.

  • Subject to the Seller Indemnity Cap (as hereinafter defined in Section 5.7) in any event, it is expressly understood that amounts payable to Seller under the Note shall be used to offset and satisfy claims made under Section 5 against Seller by Purchaser or any other Purchaser Indemnitee (as hereinafter defined in Section 5.2) for indemnification up to the Offset Maximum Amount (as hereinafter defined in Section 5.5).

  • INDEMNITIES 78 18.1 Seller Indemnity 78 18.2 Buyer Indemnity 78 18.3 Indemnification Conditions 79 18.4 Third Party Beneficiary Conditions 79 19.

  • In the event that Buyer makes any recovery against the Title Company with respect to such claim, then any potential Seller Indemnity with respect to such Post-Closing Title Defect shall be null and void.


More Definitions of Seller Indemnity

Seller Indemnity means the indemnity provided by Seller in Section 7.4.3 hereof.
Seller Indemnity means the indemnity set out in Clause 9.2 hereof;
Seller Indemnity means the indemnity provided by Seller in Section 7.4.3 hereof. Series G Conversion Shares shall mean all shares of Buyer Common Stock issuable upon conversion of the Series G Stock issuable hereunder. Series G Stock shall mean Buyer’s Series G Preferred Stock, issued in accordance with the terms, conditions, rights and privileges set forth in the Series G Certificate of Designations. Tangible Personal Property means the tangible personal property itemized on in Section 3.9.1 of the Seller Disclosure Schedule, and all other tangible personal property used or useful in the Business, including all machinery, equipment, scales, compactors, containers, bailers, tools, spare parts, furniture, office equipment, computer hardware, supplies, materials, vehicles, trade fixtures and other items of tangible personal property of every kind owned or leased by GFD (wherever located and whether or not carried on the books of GFD or Seller), together with any express or implied warranty by the manufacturers or lessors of any item or component part thereof and all maintenance records and other documents relating thereto. Tax or Taxes means any income, gross receipts, license, payroll, employment, excise, severance, stamp, occupation, premium, property, environmental, windfall profit, customs, vehicle, airplane, boat, vessel or other title or registration, capital stock, franchise, employees’ income withholding, foreign or domestic withholding, social security, unemployment, disability, real property, personal property, sales, use, transfer, value added, alternative, add-on minimum and other tax, fee, assessment, levy, tariff, charge or duty of any kind whatsoever and any interest, penalty, addition or additional amount thereon imposed, assessed or collected by or under the authority of any Governmental Body or payable under any tax-sharing agreement or any other Contract, whether disputed or not and including any obligations to indemnify or otherwise assume or succeed to the Tax liability of any other Person. Tax Return means any return (including any information return), report, statement, schedule, notice, form, declaration, claim for refund or other document or information filed with or submitted to, or required to be filed with or submitted to, any Governmental Body in connection with the determination, assessment, collection or payment of any Tax or in connection with the administration, implementation or enforcement of or compliance with any Legal Requirement relatin...
Seller Indemnity has the meaning given to such term in Clause 9.1.2; Servicer means, collectively, BBAM Aviation Services Limited and BBAM US LP; Servicing Agreement means the Servicing Agreement dated on or about the date hereof between, inter alios, the Servicer and the Issuers, as amended from time to time, or any replacement servicing agreement; Shares means in the case of any Transferring Company or any Transferring Subsidiary that is a company, all of the issued and outstanding shares in the capital of such Transferring Company or Transferring Subsidiary, as the case may be, details of which are set out in a Delivery Notice; Solvent means in respect of a company at any date and on the assumption that the transactions contemplated by this Agreement, the Other Transaction Documents and the Related Documents have been completed or will be completed (as the case may be) on the terms and conditions set out therein that such company on such date: (a) is not unable to pay its debts as such debts fall due nor would it be deemed to be unable to pay its debts as such debts fall due within the meaning of the Relevant Solvency Acts; and (b) would not become unable to pay its debts as such debts fall due nor would be deemed to be unable to pay its debts as such debts fall due within the meaning of the Relevant Solvency Acts; and the word solvency shall be construed accordingly; subsidiary shall be construed in accordance with section 7 of the Irish Companies Xxx 0000;
Seller Indemnity means any indemnity given by a Seller to the Company or a Purchaser in a Transaction Document;

Related to Seller Indemnity