Indemnification Payment definition

Indemnification Payment means any amount of Indemnifiable Losses required to be paid pursuant to this Agreement;

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Indemnification Payment has the meaning set forth in Section 3.5(a).

Indemnification Payment means the amount an Indemnifying Party is required to pay to (or for the benefit of) an Indemnitee pursuant to this Agreement.

Examples of Indemnification Payment in a sentence

• In the event that the indemnified party’s actual defense costs and expenses exceed the amount of the Advance Indemnification Payment, then upon written request by the indemnified party, the indemnifying party shall reimburse the indemnified party for such difference; in the event that the Advance Indemnification Payment exceeds the indemnified party’s actual costs and expenses, the indemnified party shall promptly remit payment of such difference to the indemnifying party.

• The Escrowed Amount shall be fully disbursed (and therefore any unpaid portion of the Indemnification Payment shall be paid to the Indemnification Payee) upon the escrow agent’s receipt of a Positive Tax Opinion or Ruling.

• The Company shall have no further remedy against the Contributor in respect of such a Contributor Indemnification Event unless the Contributor fails to make a Contributor Indemnification Payment on or prior to such 10th Business Day or on such earlier day in accordance with the proviso set forth in this subsection 2.06(b).

• The amount of such indemnification shall be equal to the original Principal Amount of such Receivable less Collections received by the Purchaser in respect of such Receivable (the "Originator Indemnification Payment").

• Any Indemnification Payment hereunder shall initially be made without regard to this Section 11.10(c) and shall be increased or reduced to reflect any such net Tax cost (including gross-up) or net Tax benefit only after the Indemnitee has Actually Realized such cost or benefit.

More Definitions of Indemnification Payment

Indemnification Payment is defined in Section 12.3(a).

Indemnification Payment means any amount of Losses required to be paid pursuant to this Agreement.

Indemnification Payment shall have the meaning set forth in Section 11.4(d).

Indemnification Payment has the meaning set forth in Section 4.8(a).

Indemnification Payment means a payment subject to Section 5.03.

Indemnification Payment has the meaning set forth in Section 11.9.

Indemnification Payment has the meaning set forth in Article 10 of this Agreement.