Indemnity Trust definition

Indemnity Trust shall have the meaning assigned thereto in the Merger Agreement.
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Indemnity Trust has the meaning set forth in the first paragraph of this Agreement.
Sample 1Sample 2

Examples of Indemnity Trust in a sentence

  • Centerior Indemnity Trust ("CIT") is a wholly owned subsidiary of FirstEnergy.

  • Facsimile: (714) 000-0000 If to the Indemnity Trust or the Seller Trust, to: The Indemnity Trust or Seller Trust Oppenheimer Tower World Financial Center 200 Xxxxxxx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000 Attention: Rogex X.

  • No consents or approvals of or filings or registrations with any Governmental Authority or third party are necessary in connection with (i) the execution and delivery by the Indemnity Trustees, on behalf of the Indemnity Trust, of this Agreement and (ii) the performance by the Indemnity Trustees, on behalf of the Indemnity Trust, of the terms and provisions of this Agreement.

  • The Indemnity Trust is properly formed, validly existing and in good standing under the laws of the jurisdiction of its formation, and has not been established, revoked, modified, or amended in any manner which would cause the representations and warranties contained herein to be incorrect or to cause this Agreement to be unenforceable against it.

  • Facsimile: (714) 000-0000 If to the Managing Trustees, to: The Indemnity Trust (or The Seller Trust) World Financial Center Oppexxxxxxx Xxxxx Xxx Xxxx, XX 00000 Attention: Rogex X.

  • Nothing in this Agreement, express or implied, is intended to confer upon any other Person, other than the Seller Trust and the Indemnity Trust, any rights or remedies under or by reason of this Agreement.

  • This Agreement, the Loomis Indemnity Trust Agreement, the Loomis Casualty and Employee Claims Trust Agreement, the Loomis Excess Claims Assumption Agreement, the Stockholders Agreement and the Disclosure Schedule supersede all prior agreements and understandings between the parties with respect to such subject matter.

  • As used in this Deed, “Gross Smelter Returns” means the revenues attributed to Production, with no deduction for any costs paid by or charged to Grantor, including but not limited to the Montana Metalliferous Mines Tax and Resource Indemnity Trust and Groundwater Assessment Tax.

  • If an Event of Default (other than an Event of Default specified in clauses (iii) or (iv) of Section 6(a)) occurs and is continuing, the Indemnity Trust, by written notice to Opgroup, may declare the Face Amount of and any accrued interest on the Certificate to be due and payable.

  • Newco Common Stock, any securities received by the Trust in exchange for Newco Common Stock which are not publicly-traded and for which the unanimous written consent of the Unitholders to retention of such securities by the Trust has been given, and any interest in the Xxxxxx Casualty and Employee Claims Trust and the Xxxxxx Indemnity Trust shall not be distributed prior to the Dissolution Triggering Date.

Related to Indemnity Trust

  • Security Trustee shall have the meaning ascribed thereto in the preamble;

  • Security Trust Agreement means that certain security trust agreement dated on or about the Merger Closing Date made between the Security Trustee and the Lenders and relating to the appointment of the Security Trustee as trustee of the Security.

  • Security Trust Deed means the Security Trust Deed executed by, inter alia, the Borrower, the Guarantor, the Collateral Agent, the Facility Agent, the Original Secured Creditors (as defined therein) and the Delegate Collateral Agent and shall be substantially in the form of Exhibit P or otherwise reasonably acceptable to the Facility Agent.

  • Majority Trustee Vote means the vote of a majority of the Trustees;

  • Advance Facility Trustee As defined in Section 3.22.

  • Xxxx Xxxxxx Select Equity Trust is replaced by "Xxxxxx Xxxxxxx Xxxx Xxxxxx Select Equity Trust".

  • Extraordinary Trust Fund Expense Any amounts reimbursable to the Trustee, or any director, officer, employee or agent of the Trustee, from the Trust Fund pursuant to Section 8.05, any amounts payable from the Distribution Account in respect of taxes pursuant to Section 10.01(g)(iii) and any amounts payable by the Trustee for the recording of the assignments of mortgage pursuant to Section 2.01.

  • Indemnitee Agent Party as defined in Section 9.6.

  • Extraordinary Trust Fund Expenses Any amounts reimbursable to the Master Servicer or the Depositor pursuant to Section 6.03, any amounts payable from the Distribution Account in respect of taxes pursuant to Section 10.01(g)(iii), any amounts reimbursable to the Trustee, the Trust Administrator, Citibank or a Custodian from the Trust Fund pursuant to Section 2.01 or Section 8.05 and any other costs, expenses, liabilities and losses borne by the Trust Fund (exclusive of any cost, expense, liability or loss that is specific to a particular Mortgage Loan or REO Property and is taken into account in calculating a Realized Loss in respect thereof) for which the Trust Fund has not and, in the reasonable good faith judgment of the Trust Administrator, shall not, obtain reimbursement or indemnification from any other Person.

  • Successor Property Trustee has the meaning specified in Section 6.6(b).

  • Other Master Servicer means the applicable other “master servicer” under an Other Companion Loan Pooling and Servicing Agreement relating to a Non-Serviced Companion Loan or a Serviced Companion Loan, as applicable.

  • Additional Trust Fund Expense Any expense of the Trust Fund that (i) arises out of a default on a Mortgage Loan or a Serviced Pari Passu Companion Loan or an otherwise unanticipated event, (ii) is not included in the calculation of a Realized Loss, (iii) is not covered by a Servicing Advance or a corresponding collection from the related Borrower, and (iv) is not covered by Default Charges collected on the Mortgage Loans to the extent provided herein.

  • Escrow Trustee means the bank or trust company designated by the Fiscal Officer in the Certificate of Award as the initial escrow agent with respect to the Refunded Bonds under the Escrow Agreement and until a successor Escrow Trustee shall have become such pursuant to the provisions of the Escrow Agreement and, thereafter, "Escrow Trustee" shall mean the successor Escrow Trustee.

  • Property Trustee means the Person identified as the “Property Trustee” in the Trust Agreement, solely in its capacity as Property Trustee of the Trust under the Trust Agreement and not in its individual capacity, or its successor in interest in such capacity, or any successor Property Trustee appointed as therein provided.

  • Additional Trust Fund Expenses (i) Special Servicing Fees, Workout Fees and Liquidation Fees, (ii) interest in respect of unreimbursed Advances, (iii) the cost of various default-related or unanticipated Opinions of Counsel required or permitted to be obtained in connection with the servicing of the Mortgage Loans and the administration of the Trust Fund, (iv) unanticipated, non-Mortgage Loan specific expenses of the Trust Fund, including indemnities and expense reimbursements to the Trustee, the Certificate Administrator, the Master Servicer, the Special Servicer, the Operating Advisor, the Asset Representations Reviewer and the Depositor and federal, state and local taxes, and tax-related expenses, specifically payable out of the Trust Fund, (v) any fees or expenses that are expressly designated as an Additional Trust Fund Expense pursuant to any provision of this Agreement and (vi) any other default-related or unanticipated expense of the Trust Fund that is not covered by a Property Advance and for which there is no corresponding collection from a Mortgagor.

  • Secured Creditor means the Trustee, the Margin Loan Provider and the holders of the ETP Securities.

  • Family Trust means, with respect to any natural Person, a trust, limited partnership or limited liability company benefiting solely such individual and/or the Family Members of such individual.

  • Supplemental Interest Trust Trustee Xxxxx Fargo Bank, N.A., a national banking association, not in its individual capacity but solely in its capacity as supplemental interest trust trustee, and any successor thereto.

  • Placement Agent Counsel means Pxxxx Cxxxxxx LLP with offices located at 7 Xxxxx Xxxxxx, Xxx Xxxx, Xxx Xxxx 00000.

  • NIM Trustee The trustee for the NIM Securities.

  • Exercise Any Secured Creditor Remedies or “Exercise of Secured Creditor Remedies” shall mean, except as otherwise provided in the final sentence of this definition: