Qualified Project Indemnitee definition

Qualified Project Indemnitee means a General Contractor which agrees in a writing (such writing to be in form and substance reasonably satisfactory to Administrative Agent) on behalf of itself and its respective officers, directors, agents and employees for the benefit of Lessor, Administrative Agent and each Participant that (i) its right to demand indemnification from Lessor shall be limited solely to amounts that such General Contractor collects directly from Lessee, in Lessee's individual capacity and not as agent of Lessor, pursuant to Section 13.1(b) of the Participation Agreement, (ii) none of General Contractor or its respective officers, directors, agents or employees shall have any claim against Lessor or its assets, any funds paid to Lessor, Administrative Agent or any Participant under Article XIII of the Participation Agreement, or any other indemnity, or against any other remedy of or payment made to Lessor, Administrative Agent or any Participant by Lessee or either Guarantor, and (iii) it agrees to be bound by and subject to each of the applicable conditions, covenants and limitations set forth at Article XIII of the Participation Agreement, including Section 13.1(c) thereof, except to the extent Lessee waives as to Lessor in connection with an indemnity to be given by Lessor to a Qualified Project Indemnitee any defenses or other obligations (including the obligation to demand indemnification or to act within a specified time period) provided for in such Article XIII (other than any provision of Section 13.1(c), which may not be waived by Lessee). Supervisory Agent and Administrative Agent will reasonably cooperate to agree upon specific language incorporating the concepts set forth in items (i), (ii) and (iii) of this definition, which when incorporated into a Qualified Project Agreement or other agreement to be executed by the Applicable Contractor pursuant to the final paragraph of Section 13.1(c) of the Participation Agreement will be deemed to satisfy the requirements in the prior sentence and not require additional Administrative Agent consent. For purposes of this definition, "Qualified Project Agreement" means any Project Agreement which is not a Major Project Agreement and any Interconnect Agreement other than an Electric Interconnect Agreement or Gas Interconnect Agreement.
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Related to Qualified Project Indemnitee

  • Seller Indemnitee has the meaning set forth in Section 9.2(b).

  • Company Indemnitee has the meaning set forth in Section 7.2(b).

  • Qualified Project Costs shall have the meaning given to it in the Regulatory Agreement.

  • Buyer Indemnitee has the meaning set forth in Section 8.1(b).

  • Covered Project means and includes any project which consists of one or more of the following:

  • Qualified project means the construction or expansion of any capital project of the Borrower or any of its Restricted Subsidiaries, the aggregate actual or budgeted capital cost of which (in each case, including capital costs expended by the Borrower or any such Restricted Subsidiaries prior to the construction or expansion of such project) exceeds $50,000,000.

  • Indemnified Party’s Group means the Seller Group (with respect to a Seller Indemnified Party) or the Purchaser Group (with respect to a Purchaser Indemnified Party).

  • Indenture Indemnitee means (i) WTNA and the Mortgagee, (ii) each separate or additional trustee appointed pursuant to the Trust Indenture, (iii) the Subordination Agent, (iv) each Liquidity Provider, (v) each Pass Through Trustee and each Related Note Holder, (vi) the Paying Agent, (vii) the Escrow Agent and (viii) each of the respective directors, officers, employees, agents and servants of each of the persons described in clauses (i) through (vii) inclusive above.

  • Purchaser Indemnitee As defined in Section 6(a) hereof.

  • Indemnified Party shall have the meaning set forth in Section 5(c).

  • Tax Indemnitee means (a) WTNA and Mortgagee, (b) each separate or additional trustee appointed pursuant to the Trust Indenture, (c) each Note Holder and (d) the respective successors, assigns, agents and servants of the foregoing.

  • Manager Indemnified Party has the meaning set forth in Section 8(a) hereof.

  • Indemnitor has the meaning set forth in Section 12.3.

  • D&O Indemnified Party has the meaning set forth in Section 5.8(a).

  • Third Party Claim Notice shall have the meaning set forth in Section 6.5(a).

  • Company Indemnified Party has meaning set forth in Section 8(b) hereof.

  • Third Party IP Claim has the meaning given to it in clause E8.7 (Intellectual Property Rights).

  • Third party claimant means any individual, corporation, association, partnership, or other legal entity asserting a claim against any individual, corporation, association, partnership, or other legal entity insured under an insurance policy or insurance contract.

  • Covered Party has the meaning assigned to it in Section 9.21.

  • Third Party Claim has the meaning set forth in Section 8.3.

  • D&O Indemnified Parties shall have the meaning set forth in Section 6.6(a).

  • Tax Indemnified Party shall have the meaning set forth in Section 7.6(d).

  • Seller Indemnified Party has the meaning set forth in Section 7.2.

  • Indemnitee has the meaning assigned to such term in Section 9.03(b).

  • Buyer Indemnified Party has the meaning set forth in Section 8.2.

  • Company Indemnified Person means (a) any Administrator; (b) any Affiliate of any Administrator; (c) any officers, directors, shareholders, members, partners, employees, representatives or agents of any Administrator; or (d) any officer, employee or agent of the Trust or its Affiliates.