Indemnity Claim has the meaning set forth in Section 8.3.
Indemnity Escrow Amount means $3,000,000.
Indemnity Cap has the meaning set forth in Section 10.3(a).
Indemnification Cap has the meaning set forth in Section 9.3(a).
Indemnification Escrow Amount has the meaning set forth in Section 2.2(b).
Indemnification Threshold has the meaning set forth in Section 11.5.
Tax Indemnified Party shall have the meaning set forth in Section 7.6(d).
Indemnification Claim Notice has the meaning set forth in Section 11.3.
Bankruptcy Loss Coverage Amount As of any Determination Date, the Bankruptcy Loss Coverage Amount shall equal the Initial Bankruptcy Coverage Amount as reduced by (i) the aggregate amount of Bankruptcy Losses allocated to the Certificates since the Cut-off Date and (ii) any permissible reductions in the Bankruptcy Loss Coverage Amount as evidenced by a letter of each Rating Agency to the Trustee to the effect that any such reduction will not result in a downgrading of the then current ratings assigned to the Classes of Certificates rated by it.
Claim Expenses means reasonable documented attorneys’ fees and all other reasonable documented out-of-pocket costs, expenses and obligations (including experts’ fees, travel expenses, court costs, retainers, transcript fees, duplicating, printing and binding costs, as well as telecommunications, postage and courier charges) paid or incurred in connection with investigating, defending, being a witness in or participating in (including on appeal), or preparing to investigate, defend, be a witness in or participate in, any Claim, including any Action relating to a claim for indemnification or advancement brought by an Indemnified Party as contemplated in Section 7.5.
Claim Amount means the amount calculated in accordance with Section 6.2 of this Policy.
Indemnity Amount means the amount of any indemnification obligation payable under the Basic Documents.
Buyer Indemnified Party has the meaning set forth in Section 8.2.
Indemnifiable Losses means any and all Losses relating to, arising out of or resulting from any Indemnifiable Claim.
Indemnity Escrow Fund means the Indemnity Escrow Amount deposited with the Escrow Agent, as such sum may be increased or decreased as provided in this Agreement and the Escrow Agreement, including any remaining interest or other amounts earned thereon.
Indemnification Claim has the meaning set forth in Section 10.3.
Initial Bankruptcy Loss Coverage Amount $226,715.
Claimed Amount means the amount of any Damages incurred or reasonably expected to be incurred by the Indemnified Party.
Seller Indemnified Party has the meaning set forth in Section 7.2.
Buyer Losses shall have the meaning set forth in Section 8.2.
Section 510(b) Claim means any Claim arising from: (a) rescission of a purchase or sale of a security of the Debtors or an Affiliate of the Debtors; (b) purchase or sale of such a security; or (c) reimbursement or contribution allowed under section 502 of the Bankruptcy Code on account of such a Claim.
Indemnity Payment shall have the meaning set forth in Section 4.4(a).
Buyer Indemnified Parties has the meaning set forth in Section 8.2.
Indemnification Escrow Fund means the Indemnification Escrow Amount deposited into escrow pursuant to the Escrow Agreement, together with any interest and income earned thereon.
Indemnity Threshold has the meaning set forth in Section 9.3.
Jointly Indemnifiable Claim means any Claim for which the Indemnitee may be entitled to indemnification from both an Indemnitee-Related Entity and the Company pursuant to applicable law, any indemnification agreement or the certificate of incorporation, by-laws, partnership agreement, operating agreement, certificate of formation, certificate of limited partnership or comparable organizational documents of the Company and an Indemnitee-Related Entity.