Indemnitor Sample Clauses
The Indemnitor clause defines the party responsible for providing indemnification in a contract, meaning they agree to compensate the other party for certain losses or damages. Typically, this clause specifies the scope of the indemnitor’s obligations, such as covering legal costs, third-party claims, or damages arising from specific actions or breaches. Its core practical function is to allocate risk by ensuring that one party bears the financial responsibility for particular liabilities, thereby protecting the other party from potential losses.
POPULAR SAMPLE Copied 5 times
Indemnitor. A Party that agrees to Indemnify any other Person under the terms of this Agreement.
Indemnitor. The term "Indemnitor" shall mean any Person that may be obligated to provide indemnification pursuant to Section 7.02 or Section 7.03 hereof.
Indemnitor. ▇▇▇▇▇▇ ▇. ▇▇▇▇▇ PURCHASER: ORNI 7 LLC By: Ormat Nevada Inc., Manager of ORNI 7 LLC By: -------------------------- Name: ------------------------ Title: ----------------------- [Signature page to Indemnification Agreement] STEAMBOAT II and III INDEMNIFICATION AGREEMENT 11/19/03 EXHIBIT VI-B INDEMNIFICATION AGREEMENT BY AND BETWEEN ▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇ AS INDEMNITOR, AND ORNI 7 LLC, AS PURCHASER, DATED AS OF _______________________ __, 200_ PERTAINING TO THE STEAMBOAT II AND III GEOTHERMAL PROJECTS CONTENTS
Indemnitor. “Indemnitor means a Party that agrees to indemnify any other person.
Indemnitor. (Print name of Legal Entity/Indemnitor) should mirror legal name exactly as it appears on the Certificate of Insurance.
Indemnitor. The term “
Indemnitor. As a condition to Lender’s execution of this Agreement, Indemnitor shall execute and deliver to Lender, simultaneously with the execution of this Agreement, the Joinder by and Agreement of Guarantor attached to the Agreement Regarding Loan.
Indemnitor. (a) Subject to paragraph (b) below, immediately upon the accession of the Original Obligors to the Finance Documents pursuant to Clause 5.6 (Accession of Original Obligors), the Indemnitor shall be released from all and any of its all present and future obligations and liabilities (whether actual or contingent and whether owed jointly or severally or in any other capacity whatsoever) under this Agreement other than to the extent any liabilities of the Indemnitor have arisen under this Agreement prior to such accessions, in respect of which liability the Indemnitor shall continue to be liable.
(b) Notwithstanding paragraph (a) above, the Indemnitor shall continue to be subject to its obligations under paragraph (b) of Clause 23.17 (Syndication, Securitisation, Bond Issues etc.) and Clause 27.1 (Assignments and transfer by Obligors).
Indemnitor. For purposes of Section 7.3, the party providing indemnification pursuant to Section 7.2 shall be referred to as the Indemnitor.
Indemnitor. The term “Indemnitor” shall have the meaning set forth in Section 7.2(d) hereof.