Termination of Indemnity. Notwithstanding anything to the ------------------------ contrary contained elsewhere in this Indemnity Agreement, subject to the following sentence, the indemnity provided for herein and this Indemnity Agreement shall terminate and be of no further force and effect upon the earlier to occur of (a) repayment in full of all principal, interest and any other sums due under, or evidenced by, the Credit Agreement, the Deed of Trust and the other Loan Documents and (b) two (2) years after the date on which the Lenders or any affiliate thereof (or any other Person (other than the Borrower) acting through or on behalf of the Lenders, there respective successors and assigns, and any affiliates thereof) acquires possession of or title to, the Property. Notwithstanding the foregoing, any claim hereunder may be made at any time before the date described in the preceding sentence, and once such claim has been made prior to such date, the obligations of Indemnitor under this Indemnity Agreement shall continue to apply to such claim, to the extent permitted by applicable law.
Termination of Indemnity. This Agreement remains in effect until terminated and released by Surety.
Termination of Indemnity. Notwithstanding the termination of this Agreement an Indemnity with respect to a Guaranty which shall have been issued shall continue until (i) the related Guaranteed Indebtedness shall have been paid in full by the Company; or (ii) the Guarantor shall have been released from the Guaranty by the creditor; or (iii) the Indemnity shall have been discharged in full by payment required of the Shareholders under the Indemnity or otherwise, whichever shall first occur ("Indemnity Termination Date").
Termination of Indemnity. Any indemnity obligation of Active Voice undertaken in this Section shall terminate upon the earlier occurring of the following events: (i) twelve (12) months after expiration or termination of the Agreement, or, (ii) upon any NEC modification to the Licensed Software if such modification might affect the basis for indemnified claim herein.
Termination of Indemnity. Notwithstanding anything in this Agreement to the contrary, the obligations of the SK Group under this Section 5.3 shall terminate and be extinguished forever on the Indemnity Notice Date, unless and to the extent a written claim has been asserted on or prior to such date. If such a timely written claim has been made, the indemnity obligations of the SK Group shall continue beyond the Indemnity Notice Date, but only with respect to such claim and only until the earlier of (i) the date such claim is satisfied pursuant to the Escrow Agreement or otherwise finally resolved, (ii) if legal action is taken with respect to such claim during the Indemnity Period, the date on which such claim is satisfied pursuant to the Escrow Agreement or otherwise finally resolved, or (iii) with respect to a claim for which no legal action has been taken during the Indemnity Period, 12 months after the date on which the last settlement or other substantive discussions have taken place with respect to such claim, but in no event more than 24 months after the end of the Indemnity Period.
Termination of Indemnity. The obligation of the Company to pay to Executive the Indemnity Amount under this Indemnification Agreement shall terminate upon the earlier to occur of:
Termination of Indemnity. Seller will deliver a recordable, fully executed original of the draft agreement previously circulated and approved by Purchaser and Title Insurer providing for the termination of Exception # 23 of the Title Report as an encumbrance against the Property; and
Termination of Indemnity. That this indemnity shall remain in full force and effect against the Applicant until Westpac has actually received payment in full of all monies hereafter to become owing or payable under this indemnity.
Termination of Indemnity. Notwithstanding anything to the ------------------------ contrary contained elsewhere in this Indemnity Agreement, subject to the following sentence, the indemnity provided for herein and this Indemnity Agreement shall terminate and be of no further force and effect upon the earlier to occur of (a) repayment in full of all principal, interest and any other sums due under, or evidenced by, the Credit Agreement, the Deed of Trust and the other Loan Documents and (b) two (2) years after the date on which the Lenders or any affiliate of either of them acquires the Property. Notwithstanding the foregoing, any claim hereunder may be made at any time before the date described in the preceding sentence, and once such claim has been made prior to such date, the obligations of Indemnitor under this Indemnity Agreement shall continue to apply to such claim, to the extent permitted by applicable law.
Termination of Indemnity. 1173 This Indemnity shall automatically become null and void, and Charterer's 1174 liability hereunder shall cease, upon presentation of all original Bills of Lading 1175 duly endorsed to reflect delivery of Cargo in accordance with the Requested 1176 Delivery, or upon the expiration of thirty-six (36) months after completion of 1177 discharge, whichever occurs first; provided that no legal proceedings arising 1178 from delivery of the Cargo in accordance with the Requested Delivery have 1179 been instituted against the Indemnitees and/or Vessel within such thirty-six 1180 (36) month period. Owner shall advise Charterer with reasonable dispatch in 1181 writing if any proceedings are instituted. 1182 (5) Governing Law 1183 The within Indemnity shall be governed and construed in accordance with the 1184 internal substantive laws of the State of New York, U.S.A. The Indemnitees 1185 may, but shall not be obligated to, bring any legal action or proceeding with 1186 respect to such Indemnity in the Courts of the State of New York, U.S.A. or in 1187 the U.S. Federal Court situated therein and the Indemnifier unconditionally 1188 and generally accepts in regard to such legal action or proceeding, for itself 1189 and its property, the jurisdiction and venue of the aforesaid courts. 1190 f Arbitration of Bill of Lading Claims 1191 Any claim for loss, damage and/or non delivery of cargo carried pursuant to the 1192 Charter, made by any associated or affiliated company of Charterer and asserted 1193 to arise under Xxxx(s) of Lading issued for such cargo, shall be subject to Clause 1194 29 of the Charter, said associated or affiliated company having authorized 1195 Charterer to so agree on its behalf. If Clause 20f applies, the terms "Charterer"
