Indemnified Party definition

Indemnified Party means any Person claiming indemnification under any provision of Article VII.
Indemnified Party or “Indemnified Parties” means one or more of Lender, Issuer Person, Issuer Group, and Underwriter Group.

Examples of Indemnified Party in a sentence

Such notice shall set forth in reasonable detail such claim and the basis for indemnification (taking into account the information then available to the Indemnified Party).

The fees and expenses of such separate counsel shall be paid by the Indemnified Party.

Such notice shall set forth in reasonable detail such Third-Party Claim and the basis for indemnification (taking into account the information then available to the Indemnified Party).

If the Indemnifying Party does not notify the Indemnified Party within 30 days following the receipt of a notice with respect to any such claim that the Indemnifying Party disputes its indemnity obligation to the Indemnified Party for any Damages with respect to such claim, such Damages shall be conclusively deemed a liability of the Indemnifying Party and the Indemnifying Party shall promptly pay to the Indemnified Party any and all Damages arising out of such claim.

The amount of any Damages payable under Section 6.01 by the Indemnifying Party shall be net of any amounts recovered by the Indemnified Party under applicable insurance policies or from any other Person alleged to be responsible therefor.


More Definitions of Indemnified Party

Indemnified Party means any party entitled to any indemnification pursuant to Section 4 hereof.
Indemnified Party means the Party entitled to the benefit of an indemnity pursuant to Article 25;
Indemnified Party and “Indemnified Parties” shall mean, respectively, each of the Bank and any parent corporation, Affiliate or Subsidiary of the Bank, and each of their respective officers, directors, employees, attorneys and agents, and all of such parties and entities.
Indemnified Party means any Person claiming indemnification under any provision of Article 11.
Indemnified Party means the Party which is entitled to seek indemnification from the other Party pursuant to the provisions of Article III.
Indemnified Party means a Buyer Indemnified Party or a Seller Indemnified Party, as applicable.