Indemnity Obligations Secured by Collateral; Survival. Any amounts paid by any Indemnitee as to which such Indemnitee has the right to reimbursement shall constitute Secured Obligations secured by the Collateral. The indemnity obligations of the Parent Borrower contained in Section 10.04(b) shall continue in full force and effect notwithstanding the full payment of all of the other Secured Obligations and notwithstanding the full payment of all the notes issued, and Loans made, under the Credit Agreement, the termination of all Letters of Credit issued under the Credit Agreement and the payment of all other Secured Obligations and notwithstanding the discharge thereof and the occurrence of the Termination Date.
Appears in 3 contracts
Samples: Pledge and Security Agreement (Endurance Specialty Holdings LTD), Pledge and Security Agreement (Endurance Specialty Holdings LTD), Pledge and Security Agreement (Endurance Specialty Holdings LTD)
Indemnity Obligations Secured by Collateral; Survival. Any amounts paid by any Indemnitee as to which such Indemnitee has the right to reimbursement by the Pledgor shall constitute Secured Obligations secured by the Collateral. The indemnity obligations of the Parent Borrower Pledgor contained in Section 10.04(b8.04(b) shall continue in full force and effect notwithstanding the full payment of all of the other Secured Obligations and notwithstanding the full payment of all the notes issued, and Loans made, Obligations under the Credit Agreement, the termination of all Letters of Credit issued under the Credit Agreement and the payment of all other Secured Obligations and notwithstanding the discharge thereof and the occurrence of the Termination Date.
Appears in 2 contracts
Samples: Pledge and Security Agreement (Allied World Assurance Co Holdings, AG), Pledge and Security Agreement (Allied World Assurance Co Holdings, AG)
Indemnity Obligations Secured by Collateral; Survival. Any amounts paid by any Indemnitee as to which such Indemnitee has the right to reimbursement shall constitute Secured Obligations secured by the Collateral. The indemnity obligations of the Parent Borrower Pledgor contained in Section 10.04(b8.04(b) shall continue in full force and effect notwithstanding the full payment of all of the other Secured Obligations and notwithstanding the full payment of all the notes issued, and Loans made, Obligations under the Credit Agreement, the termination of all Letters of Credit issued under the Credit Agreement and the payment of all other Secured Obligations and notwithstanding the discharge thereof and the occurrence of the Termination Date.
Appears in 1 contract
Samples: Pledge and Security Agreement (Allied World Assurance Co Holdings LTD)
