Indemnified Trustee definition

Indemnified Trustee means any of (i) a Trustee or any other indenture trustee (or other similar trustee) who is the named insured in respect of a Policy issued by FGIC, (ii) a trustee who holds a security interest in a Policy issued by FGIC, or (iii) a trustee of a trust which has issued Instruments that have the benefit of a Policy issued by FGIC; provided, that a trustee in respect of an Instrument constituting a reference obligation under a swap agreement between a holder of such Instrument and FGIC CP, with respect to which swap agreement the obligations of FGIC CP thereunder are insured by a Policy issued by FGIC, shall not be considered an “Indemnified Trustee” by virtue of such arrangement.

Examples of Indemnified Trustee in a sentence

  • In conclusion, in addition to the benefits that the blockchain-based smart contract provide to Islamic financial institutions, the proposed initiative in the formation of a smart contract code can manage the aforementioned issue while also maintaining and preserving the application of iḥsān in Islamic financial institutions’ product offerings.

Related to Indemnified Trustee

  • Servicer Indemnified Party As defined in Section 8.05(c) of this Agreement.

  • Indemnified Liability means any and all claims, damages, liabilities, costs, losses, and expenses (including reasonable attorneys’ fees and all related costs and expenses) arising from or relating to any claim, suit, proceeding, demand, or action brought by an Indemnified Party against you or a third party or other User.

  • Related Indemnified Person of an Indemnitee means (a) any controlling person or controlled affiliate of such Indemnitee, (b) the respective directors, officers, or employees of such Indemnitee or any of its controlling persons or controlled affiliates and (c) the respective agents of such Indemnitee or any of its controlling persons or controlled affiliates, in the case of this clause (c), acting at the instructions of such Indemnitee, controlling person or such controlled affiliate; provided that each reference to a controlled affiliate or controlling person in this definition shall pertain to a controlled affiliate or controlling person involved in the negotiation or syndication of the Facility.

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

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

  • Indemnified Liabilities has the meaning specified in Section 10.05.

  • Purchaser Indemnified Person is defined in Section 5.1 of the Sale Agreement.

  • Indemnified Person has the meaning set forth in Section 11.3.

  • Fiduciary Indemnified Person means each of the Institutional Trustee (including in its individual capacity), the Delaware Trustee (including in its individual capacity), any Affiliate of the Institutional Trustee or the Delaware Trustee, and any officers, directors, shareholders, members, partners, employees, representatives, custodians, nominees or agents of the Institutional Trustee or the Delaware Trustee.

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

  • Manager Indemnified Party has the meaning set forth in Section 8(a) hereof.

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

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

  • Company Indemnified Person means (a) any Administrator; (b) any Affiliate of any Administrator; (c) any officers, directors, shareholders, members, partners, employees, representatives or agents of any Administrator; or (d) any officer, employee or agent of the Trust or its Affiliates.

  • Purchaser Indemnitee As defined in Section 6(a) hereof.

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

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

  • indemnified representative means any and all directors and officers of the corporation and any other person designated as an indemnified representative by the board of directors of the corporation (which may, but need not, include any person serving at the request of the corporation, as a director, officer, employee, agent, fiduciary or trustee of another corporation, partnership, joint venture, trust, employee benefit plan or other entity or enterprise);

  • Tax Indemnitee as defined in Section 3.01(5).

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

  • Liquidity Indemnitee means the Liquidity Provider, its directors, officers, employees and agents, and its successors and permitted assigns.

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

  • Investor Indemnified Party is defined in Section 4.1.

  • Holder Indemnified Party is defined in Section 4.1.

  • Related Indemnitee Group has the meaning specified in Section 4.02(b) of the Participation Agreement.