Counter Indemnity definition

Counter Indemnity means the counter indemnity to be entered into on or about the date hereof between OFC and the Borrower in respect of the Indemnity, in form and substance satisfactory to the Lender.

Counter Indemnity means the counter indemnity executed or to be executed by the Borrower in favour of BOS, indemnifying BOS in respect of any amounts it may be obliged to pay under the Bank Guarantee;

Counter Indemnity means the indemnity agreement dated on or about the date hereof between the Company and the Issuing Bank under which the Company agrees (subject to the terms thereof) to indemnify the Issuing Bank against any loss, liability or reasonable cost incurred by the Issuing Bank in respect of or in connection with the Bonding Documents entered into or issued by the Issuing Bank;

Examples of Counter Indemnity in a sentence

• COUNTER INDEMNITY AGREEMENT ------------------------------------------------------ CONTENTS CLAUSE PAGE 1.

• COUNTER INDEMNITY AGREEMENT --------------------------------------------------------------------------- CONTENTS CLAUSE PAGE 1.

• For the avoidance of doubt, interest on sums demanded under Clause 5.10 (COUNTER INDEMNITY FROM THE BORROWERS) shall also accrue in accordance with Clause 8.4 (DEFAULT INTEREST).

• DATE 1 BLANKET COUNTER INDEMNITY 72901114 12DEC1998 BLANKET COUNTER INDEMNITY DD 19OCT85 1 CERT Of REGN (FORM 40) 71975684 12DEC1998 FORM 40 IRO SEC OVER DEP(CO)(1ST PARTY) DD 22AU G97 1 TIME DEPOSIT RECEIPT 71980121 12DEC1998 TMD REC 132 RM173, 955-54 (6M) (AUTO) (372-190124 1 LETTER OF OFFER/ACCEPTANCE 71005264 17MAY2000 DD 16MAY2000 TO EXTEND GTE $152K.

More Definitions of Counter Indemnity

Counter Indemnity means the counter indemnity/recourse letter executed by the Borrower in favour of the Bank stating inter alia its liability towards the Bank in respect of the Irrevocable Payment Letter;

Counter Indemnity means the indemnity defined in sub-paragraph 3.1 of this Schedule;

Counter Indemnity means the indemnity agreement dated on or about the date hereof between the Company and the Issuing Bank under which the Company agrees (subject to the terms thereof) to indemnify the Issuing Bank against any liability incurred by the Issuing Bank in respect of any Bond issued by it under the Facility.

Counter Indemnity means a performance or financial guarantee (or a counter indemnity of a performance or financial guarantee) guaranteeing performance by any Company Group Member of a commercial contract or obligation of any Company Group Member or under a borrowing or other fund raising by any Company Group Member.

Counter Indemnity means the counter-indemnity executed by the Issuer in favour of IIFCL, in a form and substance satisfactory to IIFCL. "Credit Enhancement Scheme" has the meaning assigned to it in Recital F and is set out in Schedule VIII.

Counter Indemnity. : means the counter indemnity entered into by [LDV Group] on or about the date of this Agreement in favour of [the Secretary of State] in respect of its liabilities under the Guarantees.

Counter Indemnity means any guarantee given by the Insured to the Bank or Local Bank in support of the Guarantee.