Indemnity Amount definition

Indemnity Amount means the amount of any indemnification obligation payable under the Basic Documents.

Indemnity Amount has the meaning set forth in Section 7.07.

Indemnity Amount means the maximum amount of Partnership Recourse Liabilities as to which an Indemnitor Partner (or a person related to an Indemnitor Partner within the meaning of Section 1.752-4(b) of the Treasury Regulations) has agreed to bear the economic risk of loss (within the meaning of Section 1.752-2 of the Treasury Regulations) through an Indemnity Agreement.

Examples of Indemnity Amount in a sentence

• Buyer may set off any Indemnity Amount due to Buyer from Seller pursuant to this Article 7 against any payment due to a Seller Party from Buyer under this Agreement or any Transaction Document, in Buyer’s sole discretion (provided reasonable advance notice of such setoff is provided to Seller in writing.

• The Parties agree that should an Indemnifying Party not make full payment of an Indemnity Amount within such ten (10) Business Day period, any amount payable shall accrue interest from and including the date of expiration of such ten (10) Business Day period to and including the date such payment has been made at a rate per ​ ​ annum equal to ten percent (10%).

• The Parties agree that should an Indemnifying Party not make full payment of an Indemnity Amount within such ten (10) Business Day period, any amount payable shall accrue interest from and including the date of expiration of such ten (10) Business Day period to and including the date such payment has been made at a rate per annum equal to ten percent (10%).

More Definitions of Indemnity Amount

Indemnity Amount is defined in Section 5.04(a)(ii).

Indemnity Amount shall have the meaning given to that term in Subparagraph 3.02(g) of the Purchase Agreement.

Indemnity Amount means, on any date, the amount required to be paid by any Grantor to any Collateral Agent or any other Secured Party on such date pursuant to any indemnity provision contained in the ABL Documents, the Senior Note Documents or the Junior Note Documents, as the case may be.

Indemnity Amount has the meaning set forth in Section 3(a)(1).

Indemnity Amount shall have the meaning assigned to such term in Section 2.1.

Indemnity Amount means an amount equal to one hundred percent (100%) of a claim for indemnification under this Agreement computed on an After-Tax Basis.

Indemnity Amount means any amounts payable by the Issuer pursuant to Section 6.07(b).