Indemnitors definition

Indemnitors has the meaning given to such term in Section 6(h).

Indemnitors has the meaning assigned to such term in Section 7.12(a).

Indemnitors shall have the meaning set forth in Section 9 below.

Examples of Indemnitors in a sentence

• In the event more than one of the Indemnitors are connected with an accident or occurrence covered by this indemnification, then each of such Indemnitors shall be jointly and severally responsible to the Indemnitees for indemnification and the ultimate responsibility among such Indemnitors for the loss and expense of any such indemnification shall be settled by separate proceedings and without jeopardy to any Indemnitee.

• The party seeking indemnification (the "Indemnitee") shall cooperate with the other party (the "Indemnitor") at the Indemnitor's sole cost and expense.

• If Indemnitors fail to provide or maintain the deposit, Indemnitees may abandon the action and Indemnitors shall pay all costs resulting therefrom and Indemnitees shall have no liability to Indemnitors.

• That this Agreement shall bind the heirs, executors, administrators, successors and assigns of the Indemnitor(s).

• In the event the City opts for Indemnitors to undertake defense of the matter, the City will cooperate reasonably in the defense, but retains the right to settle or abandon the matter without Indemnitors’ consent.

More Definitions of Indemnitors

Indemnitors shall include their respective successors, assigns, heirs, executors and administrators. The word “include(s)” means “include(s), without limitation”, and the word “including” means “including, but not limited to”. This Agreement is subject to enforcement at law or in equity, including actions for damages or specific performance. Time is of the essence of each and every term and condition of this Agreement. The term “days” when used herein shall mean calendar days. If any time period ends on a Saturday, Sunday or holiday officially recognized by the state within which the Property is located, the period shall be deemed to end on the next succeeding Business Day.

Indemnitors has the meaning given in section 12.1;

Indemnitors has the meaning set forth in Section 7.2(a).

Indemnitors means Borrower and Guarantor.

Indemnitors has the meaning set forth in Section 10.1.

Indemnitors means the Stockholders.

Indemnitors has the meaning set forth in Section 11.2 of the Agreement.