Contingent Indemnification Obligations definition

Contingent Indemnification Obligations means, as of any date of determination, Obligations for taxes, expenses, costs, indemnification or damages (excluding principal of, interest on and fees relating to Indebtedness) in respect of which no claim or demand for payment has been made (and, in the case of Obligations for indemnification, no notice for indemnification has been issued by the indemnitee).

Contingent Indemnification Obligations means contingent indemnification Obligations for which no claim has been made.

Contingent Indemnification Obligations means contingent, unliquidated indemnification obligations of a Loan Party, to the extent (i) such obligation has not accrued and (ii) no claim has been made or is reasonably anticipated by the Collateral Agent with respect thereto.

Examples of Contingent Indemnification Obligations in a sentence

• The Borrower agrees to pay to the Agent, for its individual account, a nonrefundable Agent's fee of $50,000 per annum, payable for the period from and including the Closing Date to but not including the date on which all Loan Obligations (other than Contingent Indemnification Obligations) have been indefeasibly paid in full and all Revolving Credit Commitments have been terminated.

• If an Event of Default exists, Guarantor shall not receive or collect, directly or indirectly, from any Obligor or any other party any amount upon the Guarantor Claims unless and until the Guaranteed Obligations (other than Contingent Indemnification Obligations) shall be paid and satisfied in full and Guarantor shall have performed all of its obligations hereunder.

• All covenants and agreements of the Borrower contained herein or in any other Loan Document shall continue in full force and effect from and after the date hereof until the Letter of Credit Commitment shall have terminated, all Letters of Credit have expired or have been terminated, and all Loan Obligations (other than Contingent Indemnification Obligations) have been indefeasibly paid in full in cash.

• The payment obligations of any Guarantor under this Section 10.06 shall be subordinate and subject in right of payment to the Obligations until such time as the Obligations (other than Contingent Indemnification Obligations) have been paid-in-full and the Commitments have terminated, and none of the Guarantors shall exercise any right or remedy under this Section 10.06 against any other Guarantor until such Obligations have been paid-in-full and the Commitments have terminated.

• All covenants and agreements of the Borrower contained herein or in any other Loan Document shall continue in full force and effect from and after the date hereof (or, in the case of Section 7.01 hereof, from and after December 31, 1996) until all Commitments have terminated, all Letters of Credit have expired or have been terminated, and all Loan Obligations (other than Contingent Indemnification Obligations) have been indefeasibly paid in full in cash.

More Definitions of Contingent Indemnification Obligations

Contingent Indemnification Obligations shall have the meaning given that term in the Collateral Agency Agreement.

Contingent Indemnification Obligations at any time shall mean Obligations which at such time are contingent obligations under indemnification provisions of the Secured Party Documents which survive indefinitely; provided, however, that an Obligation under such an indemnification provision shall not constitute a Contingent Indemnification Obligation to the extent that (a) an unsatisfied claim for payment of such Obligation has been made, or (b) an action, suit or proceeding is pending or threatened at such time which may give rise to a claim under such indemnification provision.

Contingent Indemnification Obligations means contingent, unliquidated indemnification obligations of a Loan Party, to the extent (i) suchobligation has not accrued and (ii) no claim has been made or is reasonably anticipated by the Collateral Agent with respect thereto.

Contingent Indemnification Obligations means the obligations of the Borrower to indemnify a Senior Lender or the Subordinate Lender in respect of a liability to the extent that as of the time of reference thereto such liability has not accrued and/or notice of such indemnification obligation has not been given to Borrower by a Senior Lender or Subordinate Lender.

Contingent Indemnification Obligations means, as to any Person, those contingent indemnification obligations to the extent no claim giving rise thereto has been asserted.

Contingent Indemnification Obligations are obligations of Borrower under Section 12.2 for which no demand for indemnity or reimbursement has been made by Bank.

Contingent Indemnification Obligations means Obligations for the indemnification of the Lender arising under Section 2.3.4 (Indemnity), Section 6.1.13 (Hazardous Materials), Section 6.1.17 (Assignment of Receivables) or under similar substantive provisions of this Agreement or any of the Financing Documents, with respect to which there is no claim pending or threatened and which expressly survive the termination of this Agreement. "Copyrights" means and includes, in each case whether now existing or hereafter arising, all of the Borrower's rights, title and interest in and to (a) all copyrights, rights and interests in copyrights, works protectable by copyright, copyright registrations, copyright applications, and all renewals of any of the foregoing, (b) all income, royalties, damages and payments now or hereafter due and/or payable under any of the foregoing, including, without limitation, damages or payments for past, current or future infringements of any of the foregoing, (c) the right to sue xxx past, present and future infringements of any of the foregoing, and (d) all rights corresponding to any of the foregoing throughout the world.