Indemnitor definition

Indemnitor has the meaning set forth in Section 12.3.
Indemnitor shall have the meaning set forth in Section 11.3.
Indemnitor shall have the meaning set forth in Section 10.

Examples of Indemnitor in a sentence

  • Except as set forth in Section 19(c), the Indemnitor has the right to assume and conduct the defense of a Third Party Claim (at the Indemnitor’s sole expenses) with counsel selected by the Indemnitor and reasonably acceptable to the Indemnitee, which right shall be exercisable by indicating the assumption and conduct of the defense of the Third Party Claim in writing in the Claim Response.

  • In no event shall the Indemnitor be liable for punitive, exemplary, or special damages, except to the extent such damages are actually awarded and payable to a third party in connection with a Third Party Claim.

  • Notwithstanding the foregoing, the Indemnitor may, without the prior consent of the Indemnitee, settle any Third Party Claim that (i) involves only the payment of monetary damages (all of which shall be paid by or on behalf of the Indemnitor), (ii) provides for an unconditional release of the Indemnitee from all liability with respect to such claim, and (iii) does not include any admission of wrongdoing by the Indemnitee.

  • The Indemnitor shall respond to the Indemnitee (the “Claim Response”) within 45 days (the “Response Period”) after the date that the Claim Notice is received by the Indemnitor.

  • Any Claim Response must specify whether the Indemnitor disputes the Indemnification Claim described in the Claim Notice.


More Definitions of Indemnitor

Indemnitor has the meaning set forth in Section 8.4(a).
Indemnitor has the meaning set forth in Section 10.03(d).
Indemnitor means any party hereto from which any Indemnitee is seeking indemnification pursuant to the provisions of this Agreement.
Indemnitor shall have the meaning set forth in Section 13.03 of this Agreement.
Indemnitor means any Person required to provide indemnification under this Agreement;
Indemnitor has the meaning set forth in Section 11.2.
Indemnitor has the meaning set forth in Section 6.2.