Indemnified Title Defect definition

Indemnified Title Defect as defined in Section 4.05(a)(ii).
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Indemnified Title Defect as defined in Section 4.04(a)(ii). “Indemnifying Party” — as defined in Section 18.05(a).
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Indemnified Title Defect shall have the meaning assigned thereto in Section 4.5(b)(iii).
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More Definitions of Indemnified Title Defect

Indemnified Title Defect as defined in Section 4.04(a)(ii). “Indemnifying Party” — as defined in Section 18.05(a). “Independent Accountant” shall mean the independent public accountant appointed by Buyer. “Independent Expert” — as defined in Section 20.01(b). “Inspection Request” - as defined in Section 5.01(a). “Knowledge” — as defined in Section 21.17. “Law” — as defined in Section 1.02(a)(v). “Leases” — as defined in Section 2.02(a). “Loss” or “Losses” — as defined in Section 18.03. “Material Agreements” - as defined in Section 6.09(a). “Material Claim” means any Claim (i) that seeks monetary payment or obligations having a value in excess of $50,000 or (ii) that, when
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Indemnified Title Defect is defined in Section 8.6.
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Related to Indemnified Title Defect

  • Title Defect as used herein shall mean any encumbrance, encroachment, irregularity, defect in or objection to Seller’s title to the Interests (excluding Permitted Encumbrances), that alone or in combination with other defects renders Seller’s title to the Interests or part thereof less than Defensible Title.

  • Title Defects has the meaning set forth in Section 5.15(b).

  • Title Defect Amount means the amount by which the Allocated Value of the Title Defect Property affected by such Title Defect is reduced as a result of the existence of such Title Defect and shall be determined in accordance with the following methodology, terms and conditions:

  • Title Defect Property has the meaning set forth in Section 6.2(a).

  • Title Defect Notice shall have the meaning set forth in Section 11.2(a).

  • Indemnified Matter has the meaning specified in Section 11.4 (Indemnities).

  • Third Party Claim Notice shall have the meaning set forth in Section 6.5(a).

  • Environmental Defect means, with respect to any given Asset, a material violation of Environmental Laws in effect as of the Effective Time in the jurisdiction in which such Asset is located.

  • Indemnified Losses is defined in Section 5.03 of the Servicing Agreement.

  • Indemnified Matters has the meaning specified therefor in Section 12.15.

  • Indemnified Amount has the meaning set forth in Section 8.01.

  • Indemnity Claim has the meaning set forth in Section 8.3.

  • Indemnified Items shall have the meaning assigned to such terms in Section 2(b).

  • Direct Claim has the meaning set forth in Section 8.05(c).

  • Environmental Defect Value means, with respect to any Environmental Defect, the value, as of the Closing Date, of the estimated costs and expenses to correct such Environmental Defect in the most cost-effective manner reasonably available, consistent with Environmental Laws, taking into account that non-permanent remedies (such as mechanisms to contain or stabilize hazardous materials, including monitoring site conditions, natural attenuation, risk-based corrective action, institutional controls or other appropriate restrictions on the use of property, caps, dikes, encapsulation, leachate collection systems, etc.) may be the most cost-effective manner reasonably available.

  • Indemnified Claim has the meaning set forth in Section 8.2.

  • Claim Notice has the meaning set forth in Section 8.4(a).

  • Buyer Indemnified Party has the meaning set forth in Section 8.2.

  • Tax Indemnified Party shall have the meaning set forth in Section 7.6(d).

  • Indemnified Costs has the meaning specified in Section 8.05(a).

  • Third Party Claim has the meaning set forth in Section 7.05(a).

  • Seller Indemnified Party has the meaning set forth in Section 7.2.

  • Defect Liability Period in relation to a work means the specified period from the date of COMPLETION CERTIFICATE upto the date of issue of FINAL CERTIFICATE during which the CONTRACTOR stands responsible for rectifying all defects that may appear in the works executed by the CONTRACTOR in pursuance of the CONTRACT and includes warranties against Manufacturing/Fabrication/ Erection/Construction defects covering all materials plants, equipment, components, and the like supplied by the CONTRACTOR, works executed against workmanship defects.

  • Buyer Indemnitee has the meaning set forth in Section 8.1(b).

  • Seller Indemnitee has the meaning set forth in Section 9.2(b).

  • Purchaser Losses shall have the meaning set forth in Section 9.1(a).