Indemnified Person definition

Indemnified Person has the meaning set forth in Section 11.3.

Indemnified Person means the Guarantee Trustee, any Affiliate of the Guarantee Trustee, or any officers, directors, shareholders, members, partners, employees, representatives, nominees, custodians or agents of the Guarantee Trustee.

Indemnified Person means a Company Indemnified Person or a Fiduciary Indemnified Person.

Examples of Indemnified Person in a sentence

• The Indemnified Person shall be entitled, at its expense, to participate in any action, suit or proceeding, the defense of which has been assumed by the indemnifying Constructing Entity.

• Notwithstanding the foregoing, in no event shall SCE or any other Released Party be liable or responsible to any Party or Person for any failure to obtain, approve or maintain any such Policy or Bond, and the lack of any such Policy or Bond shall in no event affect the right to indemnification of any Indemnified Person under the indemnification provisions contained herein, including the right to be reimbursed or advanced expenses or otherwise indemnified for Claims hereunder.

• The Indemnified Person shall cooperate with the indemnifying Constructing Entity with respect to the matter for which indemnification is claimed.

• The indemnifying Constructing Entity shall have the right to assume the defense thereof with counsel designated by such indemnifying Constructing Entity and reasonably satisfactory to the Indemnified Person.

• If an Indemnified Person is entitled to indemnification under this Section 12 as a result of a claim by a third party, and the indemnifying Constructing Entity fails, after notice and reasonable opportunity to proceed under Section 12.2, to assume the defense of such claim, such Indemnified Person may at the expense of the indemnifying Constructing Entity contest, settle or consent to the entry of any judgment with respect to, or pay in full, such claim.

More Definitions of Indemnified Person

Indemnified Person is defined in Section 12.3.

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

Indemnified Person shall have the meaning provided in Section 13.01(a).

Indemnified Person has the meaning specified therefor in Section 10.3 of the Agreement.

Indemnified Person and “Indemnifying Person” shall have the meaning set forth in Section 5.8. hereof.

Indemnified Person has the meaning set forth in Section 5.03.

Indemnified Person has the meaning stated in Section 4.05(a).