Indemnity Share definition

Indemnity Share shall have the meaning assigned thereto in Section 4.6.

Indemnity Share as to RBS and Sempra Energy, the percentage set forth next to such Seller Parent’s name on Schedule 1.1(h), which schedule may be updated by RBS and Sempra Energy acting jointly at any time before or at the time of the identification of the specified accounts for payment pursuant to Section 2.3 so long as (a) no percentage for either of RBS or Sempra Energy set forth in any such updated Schedule 1.1(h) differs from the percentage for such Seller Parent set forth on Schedule 1.1(h) as delivered on the date hereof by more than ten percent (10%) and (b) the percentages set forth on the updated schedule, together, equal 100%.

Indemnity Share means the amount determined in accordance with Sections 401 and 402 hereof and set forth in the Schedule of Indemnity Shares attached hereto and hereby incorporated herein by this reference.

Examples of Indemnity Share in a sentence

• The Member hereby agrees to pay its Indemnity Share of Project Costs as set forth in the Schedule of Indemnity Shares.

• In the event that the Obligation Share Members should be required to pay amounts based upon their Obligation Shares, then the Member agrees to indemnify and hold each such Obligation Share Member harmless for a portion of the amount required to be paid by the Obligation Share Member equal to the Member's Indemnity Share of the amount required to be paid by that Obligation Share Member.

• In the event that Obligation Share Members should be required to pay amounts based upon their Obligation Shares as set forth in Section 401 above, then each such new Member would be required to indemnify and hold each such Obligation Share Member harmless for a portion of the amount required to be paid by the Obligation Share Member equal to that new Member's Indemnity Share of the amount required to be paid by that Obligation Share Member.

• The Member must satisfy this obligation to indemnify such Obligation Share Members by paying its total Indemnity Share for each of such Obligation Share Members directly to the Gas Authority for credit to each such Obligation Share Member's account under its respective Gas Supply Contract.

• Each of the Indemnity Share Members initially participating in the Project have been assigned an Indemnity Share as set forth in the Schedule of Indemnity Shares attached hereto pursuant to Supplemental Contracts with such Members identical to this contract except for the identification of the parties and the signature pages.

More Definitions of Indemnity Share

Indemnity Share means for a Company Holder the percentage set forth on Schedule 10.15 (Indemnity Share).

Indemnity Share shall have the meaning assigned thereto in Section 2.8 below.

Indemnity Share and “Indemnity Shares” have the meanings set out in Section 6.6(4)(a).

Indemnity Share means, for a given Indemnifying Selling Shareholder, the percentage set forth on the Spreadsheet.

Indemnity Share means, with respect to any Major Stockholder, the product of (i) such Major Stockholder’s

Indemnity Share means as to each of the Sellers a proportion equal to the ratio of: their Proportionate Share to the aggregate of all of the Sellers' Proportionate Shares.

Indemnity Share means as to each of the Company Indemnifying Parties a proportion equal to the ratio of their Proportionate Share to the aggregate of all of the Stockholders' Proportionate Shares.