Examples of Indemnified Amounts in a sentence
Such Indemnified Amounts shall bear interest at the highest rate allowed by applicable law until paid.
The indemnity herein shall not be considered as wholly or partially satisfied by the intermediate payment or satisfaction at any time of all or any part of the Indemnified Amounts.
An Indemnified Party may at any time send Property Owner notice showing in reasonable detail the basis for and calculation of Indemnified Amounts, and Property Owner shall pay such Indemnified Amounts to such Indemnified Party within fifteen (15) days after Property Owner receives such notice.
All payments received by Tarion from the Builder or any other person in respect of the Indemnified Amounts shall be applied as payments in gross without any right on the part of the Builder to claim the benefit of any such payments until payment in full of all Indemnified Amounts.
All Indemnified Amounts shall be payable by the Vendor to Tarion, forthwith upon demand being made by Xxxxxx.