Indemnity liability) definition

Indemnity liability) means any debt, liability or obligation of a SPhinX Company to an Indemnity Claimant which becomes payable by the JOLs in respect of the liquidation of the relevant SPhinX Company pursuant to a final adjudication or order entered by a court of competent jurisdiction, which is not subject to appeal;
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Indemnity liability). The university accepts no liability for:
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Indemnity liability). The Chargor must, despite any other provision in this Charge, indemnify the Chargee against, and pay to the Chargee upon demand by the Chargee an amount equal to, all Secured Moneys that are or may be irrecoverable by the Chargee from the Chargor as a surety ("principal indemnity").
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Examples of Indemnity liability) in a sentence

  • Lessee shall obtain and keep in force Protection and Indemnity liability insurance, written on a form acceptable to the Port, protecting Lessee and the Port, as an Additional Assured, against claims involving or arising out of operations in which owned or non-owned vessels, boats, work skiffs, or floating platforms, are used on or about the Premises.

  • Prior to the commencement of this Agreement and at all times during the term of this Agreement, Licensee shall carry in full force and effect with insurance companies authorized to do business in the State of Washington, Protection & Indemnity liability and property damage insurance with limits of at least $500,000 per occurrence, and pollution insurance covering the Vessel and Licensee with a combined single limit coverage of at least $300,000.00 per occurrence.

  • If Lessee owns, charters, or uses any vessels on the Property, Lessee shall obtain and keep in force Protection and Indemnity liability insurance, written on a form acceptable to the Port, protecting Lessee and the Port, as an Additional Assured, against claims involving or arising out of operations in which owned or non-owned vessels, boats, work skiffs, or floating platforms, are used on or about the Property.

  • The exclusions and limitations in Paragraphs 9.1 and 9.2 do not apply to Client’s obligations to pay any fees owing or either party’s obligations under Article 10 (Indemnity), liability pursuant to Article 11 (Con dentiality), or liability for gross negligence or willful misconduct.

  • Prior to the commencement of this Agreement and at all times during the term of this Agreement, Licensee Boat Owner shall carry in full force and effect with insurance companies authorized to do business in the State of Washington, Protection & Indemnity liability and property damage insurance with limits of at least $300,000 per occurrence, and pollution insurance covering the Vessel and Licensee with a combined single limit coverage of at least $300,000.00 per occurrence.

  • Company's Risk Pool Indemnity liability shall be refreshed in full as of the first day of each Contract Year despite any losses that may or may not have been charged against the Risk Pool during the prior Contract Year.

Related to Indemnity liability)

  • Third Party Liability means both of the following:

  • BRRD Liability means a liability in respect of which the relevant Write Down and Conversion Powers in the applicable Bail-in Legislation may be exercised.

  • Indemnity Matters means any and all actions, suits, proceedings (including any investigations, litigation or inquiries), claims, demands and causes of action made or threatened against a Person and, in connection therewith, all losses, liabilities, damages (including, without limitation, consequential damages) or reasonable costs and expenses of any kind or nature whatsoever incurred by such Person whether caused by the sole or concurrent negligence of such Person seeking indemnification.

  • Environmental Damages means all claims, demands, liabilities (including strict liability), losses, damages (including consequential damages), causes of action, judgments, penalties, fines, costs and expenses (including reasonable fees, costs and expenses of attorneys, consultants, contractors, experts and laboratories), of any and every kind or character, contingent or otherwise, matured or unmatured, known or unknown, direct or indirect, foreseeable or unforeseeable, made, incurred, suffered or brought at any time and from time to time and arising in whole or in part from:

  • Indemnity Obligations means all obligations of the Company to Indemnitee under this Agreement, including the Company’s obligations to provide indemnification to Indemnitee and advance Expenses to Indemnitee under this Agreement.