Payment of the indemnity Sample Clauses

Payment of the indemnity. The Insurance Compensation Consortium shall pay the indemnity to the beneficiary of the insurance by bank transfer.
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Payment of the indemnity. The Indemnity shall be paid by the Lessee within five (5) business days from the date of expiration of the term established to cure the default, or, if no such term is established, the Indemnity shall be paid by the Lessee within twenty (20) days from the date of receipt of written notice from the Developer Lessor to such effect.
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Payment of the indemnity. After receiving the necessary documentation and carrying out the opportune inquiries, the Company will pay the indemnity found due and will inform the persons concerned and, after receiving their acceptance, will provide for payment. The indemnity will be paid in Italy and in Euro. Art.5 - Renunciation of subrogation The Company renounces, in favour of the Insured Party and its assignees, the subrogation right to act against the subjects responsible for the accident, should it have such a right pursuant to Art. 1916 of the Italian Civil Code.
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Payment of the indemnity. BEE INSURANCE CORP shall pay the corresponding amount within a term not exceeding thirty (30) continuous days following, counted from the date in which it has received the last payment requested by virtue of the claim presented by the Beneficiary or Beneficiaries of the service occurred, except for extraneous cause not attributable to BEE INSURANCE CORP. All payments to be made by BEE INSURANCE CORP shall be made at its offices to the person(s) to be charged, against signed receipt. BEE INSURANCE CORP may also agree with the Beneficiary(ies) to make the payment by any means that facilitates the payment to be made by the Beneficiary(ies) for the service occurred. The Beneficiary must sign the corresponding payment statement as a sign of acceptance and conformity with the form and amount of the payment.
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Payment of the indemnity. The Indemnity must be paid to the Buyer whenever a Recognized Infringement or a Contingency Recognized as of the Month of April has caused a Damage, and once the Buyer has complied with the obligation and with the formalities set forth in Clause Tenth below.
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Payment of the indemnity. The employee shall receive his annual vacation pay by bank transfer during his period of vacation.
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Payment of the indemnity. 8.9.1 The Purchaser shall serve, as soon as possible upon the Purchaser, the Parent and/or the Company, and at the latest within forty-five (45) days thereof, becoming aware of the facts which may give rise to a claim for indemnification hereunder, a notice to the Seller of a payment request under this Article 8 (a “Claim” which, for the purposes herein shall include, for the avoidance of doubt, a Third Party Claim) indicating a description and valuation (to the extent possible) of the Loss, the reference of the Section of the Agreement on which the Claim is based, as well as all reasonable information and documents detailing and explaining the Loss (the “Payment Notice”). The Purchaser shall have the burden of proof in establishing the amount of Loss suffered by it or the Company. Any failure to notify such a Claim within this 45-day period shall not invalidate such claim, except to the extent that such failure has increased the Loss related thereto, or has prevented any such Loss from being reduced.
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Related to Payment of the indemnity

  • Insurance Indemnity 16.1 The NZOC will arrange travel and public liability insurance for all members of the Team, a summary of which will be provided to you by the NZOC as soon as practicable.

  • Conditions to Indemnification An indemnified party must give the other party(ies) prompt written notice of any claim and allow the indemnifying party to defend or settle the claim as a condition to indemnification. No settlement shall bind any party without such party’s written consent.

  • Review of Indemnification Obligations (i) Notwithstanding the foregoing, in the event any Reviewing Party shall have determined (in a written opinion, in any case in which Independent Legal Counsel is the Reviewing Party) that Indemnitee is not entitled to be indemnified, exonerated or held harmless hereunder under applicable law, (A) the Company shall have no further obligation under Section 2(a) to make any payments to Indemnitee not made prior to such determination by such Reviewing Party and (B) the Company shall be entitled to be reimbursed by Indemnitee (who hereby agrees to reimburse the Company) for all Expenses theretofore paid in indemnifying, exonerating or holding harmless Indemnitee (within thirty (30) days after such determination); provided, however, that if Indemnitee has commenced or thereafter commences legal proceedings in a court of competent jurisdiction to secure a determination that Indemnitee is entitled to be indemnified, exonerated or held harmless hereunder under applicable law, any determination made by any Reviewing Party that Indemnitee is not entitled to be indemnified hereunder under applicable law shall not be binding and Indemnitee shall not be required to reimburse the Company for any Expenses theretofore paid in indemnifying, exonerating or holding harmless Indemnitee until a final judicial determination is made with respect thereto (as to which all rights of appeal therefrom have been exhausted or lapsed). Indemnitee’s obligation to reimburse the Company for any Expenses shall be unsecured and no interest shall be charged thereon.

  • Insurance Indemnification A. The School agrees to provide the following proof of insurance:

  • Limitations on Additional Indemnity No indemnity pursuant to Section 3 hereof shall be paid by the Corporation:

  • Additional Indemnity In addition to, and without regard to any limitations on, the indemnification provided for in Section 1 of this Agreement, the Company shall and hereby does indemnify and hold harmless Indemnitee against all Expenses, judgments, penalties, fines and amounts paid in settlement actually and reasonably incurred by him or on his behalf if, by reason of his Corporate Status, he is, or is threatened to be made, a party to or participant in any Proceeding (including a Proceeding by or in the right of the Company), including, without limitation, all liability arising out of the negligence or active or passive wrongdoing of Indemnitee. The only limitation that shall exist upon the Company’s obligations pursuant to this Agreement shall be that the Company shall not be obligated to make any payment to Indemnitee that is finally determined (under the procedures, and subject to the presumptions, set forth in Sections 6 and 7 hereof) to be unlawful.

  • Certain Limits on Indemnification Notwithstanding any other provision of this Agreement (other than Section 6), Indemnitee shall not be entitled to:

  • Limitation of Liability of the Administrator; Indemnification The Administrator (and its members, managers, officers, employees, agents, controlling persons and any other person or entity affiliated with it) shall not be liable to the Company for any action taken or omitted to be taken by the Administrator in connection with the performance of any of its duties or obligations under this Agreement or otherwise as administrator for the Company and the Company shall indemnify, defend and protect the Administrator (and its officers, managers, partners, agents, employees, controlling persons, members, and any other person or entity affiliated with the Administrator each of whom shall be deemed a third party beneficiary hereof) (collectively, the “Indemnified Parties”) and hold them harmless from and against all damages, liabilities, costs and expenses (including reasonable attorneys’ fees and amounts reasonably paid in settlement) incurred by the Indemnified Parties in or by reason of any pending, threatened or completed action, suit, investigation or other proceeding (including an action or suit by or in the right of the Company or its security holders) arising out of or otherwise based upon the performance of any of the Administrator’s duties or obligations under this Agreement or otherwise as administrator for the Company. Notwithstanding the preceding sentence of this Section 5 to the contrary, nothing contained herein shall protect or be deemed to protect the Indemnified Parties against or entitle or be deemed to entitle the Indemnified Parties to indemnification in respect of, any liability to the Company or its security holders to which the Indemnified Parties would otherwise be subject by reason of willful misfeasance, bad faith or gross negligence in the performance of the Administrator’s duties or by reason of the reckless disregard of the Administrator’s duties and obligations under this Agreement (to the extent applicable, as the same shall be determined in accordance with the Investment Company Act and any interpretations or guidance by the SEC or its staff thereunder).

  • Insurance and Indemnity (a) The Hirer shall be liable for:

  • Limits on Indemnification Notwithstanding anything to the contrary contained in this Agreement:

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