Indemnified Persons definition

Indemnified Persons has the meaning assigned to such term in Section 7.12(c).

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedBook a Demo

Indemnified Persons. The Trustee, the Master Servicer, the Depositor, the Custodian and the Securities Administrator and their officers, directors, agents and employees and, with respect to the Trustee, any separate co-trustee and its officers, directors, agents and employees.

Indemnified Persons has the meaning set forth in Section 6.8(a).

Examples of Indemnified Persons in a sentence

• The provisions of this Section 8.11 shall survive the Closing and are intended to be for the benefit of, and shall be enforceable by, each of the D&O Indemnified Persons and their respective heirs and Representatives.

• It is understood and agreed that the Indemnifying Person shall not, in connection with any proceeding or related proceeding in the same jurisdiction, be liable for the fees and expenses of more than one separate firm (in addition to any local counsel) for all Indemnified Persons, and that all such reasonably incurred and documented fees and expenses shall be paid or reimbursed as they are incurred.

• For a period of six (6) years after the Closing Date, Buyer shall cause the Organizational Documents of Buyer to contain provisions no less favorable with respect to exculpation and indemnification of and advancement of expenses to D&O Indemnified Persons than are set forth as of the Closing Date in the Organizational Documents of Buyer to the extent permitted by applicable Law.

• It is understood and agreed that the Indemnifying Person shall not, in connection with any proceeding or related proceeding in the same jurisdiction, be liable for the fees and expenses of more than one separate firm (in addition to any local counsel) for all Indemnified Persons, and that all such fees and expenses shall be paid or reimbursed as they are incurred.

• It is understood and agreed that the Indemnifying Person shall not, in connection with any proceeding or related proceeding in the same jurisdiction, be liable for the reasonable and documented fees and expenses of more than one separate firm (in addition to any local counsel) for all Indemnified Persons, and that all such reasonable and documented fees and expenses shall be paid or reimbursed promptly after they are incurred.

More Definitions of Indemnified Persons

Indemnified Persons shall have the meaning set forth in Section 5.05(a).

Indemnified Persons shall have the meaning set forth in Section 9.2(b) hereof.

Indemnified Persons means, the Purchaser and its affiliates and directors, officers, partners, employees, agents, representatives and control persons, entitled to indemnification by the Issuer under Section 7.3.

Indemnified Persons has the meaning specified in Section 8.7(1).

Indemnified Persons is defined in Section 6.5(a) of the Agreement.

Indemnified Persons shall have the meaning provided in Section 13.5.

Indemnified Persons means the Purchaser and its affiliates and directors, officers, partners, employees, agents, representatives and control persons entitled to indemnification by the Fund under Section 7.3.