Indemnified Party definition

Indemnified Party shall have the meaning set forth in Section 5(c).

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Indemnified Party has the meaning set forth in Section 11.3.

Indemnified Party has the meaning set forth in Section 8.05.

Examples of Indemnified Party in a sentence

For the avoidance of doubt, Indemnified Amounts shall include any expense and costs, including reasonable attorneys’ fees and expenses and court costs, incurred in connection with any enforcement (including any dispute, action, claim or suit) brought by an Indemnified Party of any indemnification or other obligation of the indemnifying party or other Person.
Notwithstanding the foregoing, in no event shall any Indemnified Party be indemnified against Excluded Taxes, any other Taxes for which the Borrower was required to indemnify a Secured Party pursuant to Section 2.14 or, except as otherwise provided herein, (i) nonpayment by an Obligor of an amount due and payable with respect to a Contract or (ii) any loss in value of any Permitted Investment due to changes in market conditions or for other reasons beyond the control of the Borrower or the Servicer.
The failure to deliver written notice to the indemnifying party within a reasonable time of the commencement of any such action shall not relieve such indemnifying party of any liability to the Indemnified Person or Indemnified Party under this Section 6, except to the extent that the indemnifying party is prejudiced in its ability to defend such action.
Notwithstanding the foregoing, in no event shall any Indemnified Party be indemnified against any Taxes for which the Borrower was required to indemnify a Secured Party pursuant to Section 2.13 or, except as otherwise provided herein, (i) nonpayment by an Obligor of an amount due and payable with respect to a Contract or (ii) any loss in value of any Permitted Investment due to changes in market conditions or for other reasons beyond the control of the Borrower or the Servicer.
Following indemnification as provided for hereunder, the indemnifying party shall be subrogated to all rights of the Indemnified Party or Indemnified Person with respect to all third parties, firms or corporations relating to the matter for which indemnification has been made.

More Definitions of Indemnified Party

Indemnified Party is defined in Section 4.3.

Indemnified Party has the meaning set forth in Section 6.03.

Indemnified Party has the meaning specified in Section 8.04(b).

Indemnified Party has the meaning set forth in Section 10.5(a).

Indemnified Party means a Purchaser Indemnified Party or a Seller Indemnified Party, as the case may be.

Indemnified Party shall have the meaning set forth in Section 10.3.

Indemnified Party shall have the meaning set forth in Section 8.8(c)(i).