Indemnity Payments definition

Indemnity Payments shall have the meaning set forth in Section 9.6.

Indemnity Payments means an amount equal to the Base Rent, additional rent and other payments provided for in this Lease which would have become due and owing thereunder from time to time during the unexpired Lease Term after the effective date of the termination, but for such termination, less the Base Rent, additional rent and other payments, if any, actually collected by Landlord and allocable to the Premises. If Landlord elects to pursue Indemnity Payments in lieu of the amount recoverable in a lump sum by Landlord under clauses 0) and (c), above, Tenant shall, on demand, make Indemnity Payments monthly, and Landlord may xxx for all Indemnity Payments at any time after they accrue, either monthly, or at less frequent intervals. Tenant further agrees that Landlord may bring suit for Indemnity Payments at or after the end of the Lease Term as originally contemplated under this Lease, and Tenant agrees that, in such event, Landlord’s cause of action to recover the Indemnity Payments shall be deemed to have accrued on the last day of the Lease Term as originally contemplated. In seeking any new tenant for the Premises, Landlord shall be entitled to grant any concessions it deems reasonably necessary: In no event shall Tenant be entitled to any excess of any rental obtained by reletting over and above the rental herein reserved. Tenant waives redemption or relief from forfeiture under any other present or future law, in the event Tenant is evicted or Landlord takes possession of the Premises by reason of any default of Tenant hereunder.

Indemnity Payments means an amount equal to the rent and other payments provided for in this Lease which would have become due and owing thereunder from time to time during the Unexpired Term plus the cost and expenses paid or incurred by Landlord from time to time in connection with:

Examples of Indemnity Payments in a sentence

• If an Indemnitee receives a payment (an “Indemnity Payment”) required by this Agreement from an Indemnifying Party in respect of any Loss and subsequently receives Insurance Proceeds, the Indemnitee will pay to the Indemnifying Party an amount equal to the excess of the Indemnity Payments received over the amount of the Indemnity Payments that would have been due if the Insurance Proceeds recovery had been received, realized or recovered before the Indemnity Payments were made.

• All such Indemnity Payments shall be made to the designated account of, and in the manner specified in writing by, the Party entitled to such Indemnity Payments.

• The calculation of any Indemnity Payments required by this Agreement shall be subject to Section 12.02 of the TMA.

• The following benefits are excluded from the Maximum Limit of Indemnity: • Evacuation Benefit• Repatriation Benefit• Family Transportation and Accommodation Benefit• Return of Vehicle Benefit• Rental Expense Benefit• Hotel Convalescence Benefit Indemnity Payments Unless otherwise indicated, all benefits, including those benefits payable for Insured Spouse and/or Insured Dependent Children, will be paid to or at the direction of the Insured Person.

• If an Indemnitee receives a payment (an “Indemnity Payment”) required by this Agreement from an Indemnifying Party in respect of any Loss and subsequently receives Insurance Proceeds, the Indemnitee will promptly pay to the Indemnifying Party an amount equal to the excess of the Indemnity Payments received over the amount of the Indemnity Payments that would have been due if the Insurance Proceeds recovery had been received, realized or recovered before the Indemnity Payments were made.

More Definitions of Indemnity Payments

Indemnity Payments means all the rent, additional rent, and other payments required herein which would have become due and owing hereunder from time to time during the unexpired term less, to the extent not previously deducted or credited, the rent, additional rent and other payments actually collected and allocable to the Premises or to the portions hereof re-let by the Landlord and less, to the extent not previously deducted or credited, the cost of expenses, including but not limited to reasonable attorney’s fees and broker’s fees and expenses, paid or incurred by Landlord in connection with:

Indemnity Payments means those certain payments agreed to be made by the Borrower to the Issuer pursuant to Sections 5.03 and 5.05.

Indemnity Payments is defined in Section 13.5(d).

Indemnity Payments shall have the meaning set forth in Section 3 below.

Indemnity Payments means any payment received by the Borrower pursuant to the Indemnification Agreement.

Indemnity Payments means amounts payable by the Indemnifying Party to the Indemnified Party in respect of any Damages for which such Indemnified Party is entitled to indemnification under this Agreement.

Indemnity Payments means an amount equal to the Rent and other payments provided for in this Lease which would have become due and owing thereunder from time to time during the unexpired Lease Term after the effective date of the termination, but for such termination, less the Rent and other payments, if any, actually collected by Landlord and allocable to the Premises net of costs of collection, if any. If the Landlord elects to pursue Indemnity Payments in lieu of the amount recoverable under clauses (b) and (c), above, Tenant shall, on demand, make Indemnity Payments monthly, and Landlord may xxx for all Indemnity Payments at any time after they accrue, either monthly, or at less frequent intervals. Tenant further agrees that Landlord may bring suit for Indemnity Payments at or after the end of the Lease Term as originally contemplated under this Lease, and Tenant agrees that, in such event, Landlord's cause of action to recover the Indemnity Payments shall be deemed to have accrued on the last day of the Lease Term as originally contemplated. In seeking any new tenant for the Premises, Landlord agrees only if mitigation is required by law (Landlord having no other mitigation obligation), to use reasonable efforts in mitigating its damages following any default by Tenant under this Lease provided that (i) Landlord shall not obliged to show any preference in reletting the Premises over other vacant space in the Building; (ii) Landlord may divide the Premises, or combine them (or part of them) with other premises, as Landlord deems appropriate in its sole discretion in order to relet same; and (iii) Landlord may grant any other lease or rental concessions as Landlord deems appropriate as part of such reletting. In no event shall Tenant be entitled to any excess of any rental obtained by reletting over and above the rental herein reserved. Tenant waives redemption or relief from forfeiture under any other present or future law, in the event Tenant is evicted or Landlord takes possession of the Premises by reason of any default of Tenant hereunder.