Additional Indemnitors Sample Clauses
Additional Indemnitors. Any event shall occur or circumstance exist, other than a Change of Control, which materially interferes with or impairs the ability of the Additional Indemnitors to manage the day-to-day operations of each of the Credit Parties and such event or circumstance shall continue to exist for a period in excess of sixty (60) days; or
Additional Indemnitors. Each of the ▇▇▇▇▇▇▇▇▇▇▇ Indemnitors agrees that it will not cause or permit the Estate to transfer, whether in one transfer or a number of transfers to a single transferee or a group of related transferees, any substantial amount of the property of the Estate, including, without limitation, (i) any shares of common stock of Amscan (the transfer of which is prohibited by the terms and conditions of the Voting Agreement prior to the Merger and thereafter will be subject to certain restrictions), (ii) any Merger Consideration (as defined in the Merger Agreement) received pursuant to the Merger (as defined in the Merger Agreement) and (iii) any direct or indirect proceeds of any of the foregoing or of any subsequent reinvestment thereof, unless, in each case, the transferee thereof agrees in writing for the benefit of Amscan to be jointly and severally liable with the ▇▇▇▇▇▇▇▇▇▇▇ Indemnitors pursuant to this Indemnification Agreement. Each of the ▇▇▇▇▇▇▇▇▇▇▇ Indemnitors agrees not to take any action (including any transfers of assets) which has the effect of frustrating or otherwise significantly diminishing any of the respective rights of, or protections afforded hereunder to, the parties to this Indemnification Agreement.
Additional Indemnitors. INDEMNITORS acknowledge that this Agreement can be amended by the execution and delivery of a SUPPLEMENTAL SIGNATURE PAGE to add another PERSON as an INDEMNITOR to this Agreement and INDEMNITORS waive any and all notice in connection with the addition of additional INDEMNITORS, and further acknowledge the rights and obligations provided herein shall apply to all INDEMNITORS whenever made a party to this Agreement.
Additional Indemnitors. Subject to and in accordance with the terms of the Credit Agreement, additional Subsidiaries of the Borrower may become parties hereto as additional Indemnitors (each an "Additional Indemnitor") by executing and delivering a Joinder to Environmental Indemnity (a "Joinder Agreement"), substantially in the form of Exhibit A or such other form as approved by Agent. Upon delivery of any such Joinder Agreement to Agent, notice of which is hereby waived by the Indemnitor, each such Additional Indemnitor shall be an Indemnitor hereunder and shall be a party hereto as if such Additional Indemnitor were an original signatory hereof. Each Indemnitor expressly agrees that its obligations arising hereunder shall not be affected or diminished by the addition or release of any other Indemnitor hereunder, or by any election by Agent not to cause any Subsidiary of Borrower to become an Additional Indemnitor hereunder. Each Indemnitor hereby authorizes Agent, for the benefit of the Lenders, to attach any Joinder to Environmental Indemnity executed by such Additional Indemnitor to this Agreement and agrees that all real property owned or leased by such Additional Indemnitor shall, for all purposes hereunder, be considered a Property for the purposes of this Agreement.
Additional Indemnitors. The Indemnitors acknowledge that from time to time Borrowing Base Subsidiaries, other Operating Lessees and other Persons may become parties to this Indemnity as additional "Indemnitors". The Indemnitors shall cooperate in adding such parties to this Indemnity, and at the Administrative Agent's request, shall ratify their obligations under this Indemnity and deliver to the Administrative Agent supplements to this Indemnity in connection with adding such parties to this Indemnity or otherwise in connection with including a Borrowing Base Property in the Borrowing Base. [The remainder of this page is intentionally left blank.]
Additional Indemnitors
