Indemnity Costs definition

Indemnity Costs means the sum of the "Indemnified Excess Costs" and the "API Excess Costs" (as those terms are defined in the Fox River PDC Environmental Indemnity Agreement (the "PDC Indemnity") attached hereto as an exhibit to Attachment H) paid pursuant to the PDC Indemnity since the Inception Date.
Indemnity Costs means all costs of defending or prosecuting suits or claims, including reasonable and actual attorneys’ fees and expert witness fees incurred in enforcing, perfecting and executing a judgment or award arising from, or related to, either the enforcement or performance of this Agreement or suits/claims relating to, or arising from, the subject matter of this Agreement. Indemnity Costs include, without limitation, attorneys’, consultants’ and experts’ fees, costs and expenses incurred in the following: (i) post-judgment motions and appeals, (ii) contempt proceedings, (iii) administrative proceedings, (iv) garnishment, levy and debtor and third party examination; (v) discovery; and (vi) bankruptcy litigation.
Indemnity Costs means, in relation to ABIC, those payments made in:

Examples of Indemnity Costs in a sentence

  • The Parties will then use their best efforts to resolve any differences concerning such future Part A and Part B costs, including whether any of such costs constitute T-91 Indemnity Costs or are defense related.

  • Great American also reserves the right to characterize such costs as defense costs, T-91 Indemnity Costs or neither.

  • If, notwithstanding the above paragraph in Section 5.2, one City determines to bring legal action related to Claims or Liabilities against the other City, all related Indemnity Costs shall be allocated between the two Cities in the same manner as described in Section 6.8 below.

  • Indemnity Costs include all costs of defense, including without limitation, reasonable attorneys’ fees and costs as described in Section 6.10.

  • Pursuant to the Economic Development Agreement, Office Depot is obligated to defend any action or actions filed in connection with any Claims or Liabilities and will pay 70% of total Indemnity Costs incurred in connection therewith, with Signal Hill paying the remainder 30% of such costs.

  • The following amounts are excluded from Gross Indemnity Costs: • GST relating to the contract; • stamp duty on the contract; • a capital contribution required of the practitioner under rules (however described) of an MDO; • payment of an excess or deductible; • costs for earlier premium periods; • charges imposed by the insurer for late payment of Gross Indemnity Costs; • late payment penalty.

  • The indemnity obligations of the Parties hereunder extend to the Indemnity Costs of all other Claims or Liabilities arising hereunder of any nature whatsoever arising out of or in connection with this Economic Development Agreement and/or any changes in law as they may apply to this Agreement.

  • With respect to Signal Hill's obligation to pay 30% of any Indemnity Costs, Long Beach shall in turn split those Indemnity Costs on the same percentage split on which the Cities are then sharing the Remainder Tax Revenues per Section 3.2 hereof (i.e., 57% born by Signal Hill and 43% born by Long Beach).

  • In other words, all Indemnity Costs will first be split between Office Depot and Signal Hill on a 70/30% basis respectively, then Signal Hill's 30% share of costs will be split between Signal Hill and with Long Beach on a 57/43% basis respectively.

  • The obligation of Client to pay any Indemnity Costs of Company is immediate, not subject to any right of set off of Client, and is in no way dependant on any finding by any judicial, quasi-judicial body, fact-finding party or arbitration or mediation party.


More Definitions of Indemnity Costs

Indemnity Costs. ’ means all sums which the Company is obliged to pay by reason of the obligations imposed on it by Clauses 4.3.6, 4.3.7, 4.3.8, 5.6.3, 5.6.4, 5.6.5 and
Indemnity Costs means all costs of defending or prosecuting suits or claims, including actual attorneys’ fees and expert witness fees incurred in enforcing, perfecting and executing a judgment or award arising from, or related to, either the enforcement or performance of this Agreement or suits/claims relating to, or arising from, the subject matter of this Agreement. Indemnity Costs include, without limitation, attorneys’, consultants' and experts’ fees, costs and expenses incurred in the following: (i) post judgment motions and appeals, (ii) contempt proceedings, (iii) administrative proceedings, (iv) garnishment, levy and debtor and third party examination; (v) discovery; and (vi) bankruptcy litigation.
Indemnity Costs means costs and expenses arising out of or related to any Losses, being expenses of enforcement of any Loss and reasonable attorneysfees and expenses, directly suffered or incurred or borne by the the Transferor Company or the Transferee Company, as the case may be, such that neither the Transferor Company or the Transferee Company has to go out of pocket in this regard;

Related to Indemnity Costs

  • Utility Costs means utility and home energy costs related to the occupancy of rental property (e.g. electricity, gas, water and sewer, trash removal, and energy costs (such as fuel oil)) that are separately-stated charges. Utility Costs do not include telecommunication services (e.g. telephone, cable, and internet services).

  • Indemnity Matters means any and all actions, suits, proceedings (including any investigations, litigation or inquiries), claims, demands and causes of action made or threatened against a Person and, in connection therewith, all losses, liabilities, damages (including, without limitation, consequential damages) or reasonable costs and expenses of any kind or nature whatsoever incurred by such Person whether caused by the sole or concurrent negligence of such Person seeking indemnification.

  • Indemnity Payment shall have the meaning set forth in Section 4.4(a).

  • Indemnified Losses is defined in Section 5.03 of the Servicing Agreement.

  • Loss Adjustment Expenses means all costs and expenses incurred by the Company in the investigation, adjustment and settlement of claims. Loss adjustment expenses include third-party costs as well as the Company’s internal expenses, including salaries and expenses of loss management personnel and certain administrative costs.

  • Property Expenses means the costs (including, but not limited to, payroll, taxes, assessments, insurance, utilities, landscaping and other similar charges) of operating and maintaining any Property, which are the responsibility of the Borrower or the applicable Guarantor that are not paid directly by the tenant, including without limitation, the Annual Capital Expenditure Reserve and the greater of (a) 3% of rents and (b) actual management fees paid in cash, but excluding depreciation, amortization and interest costs.

  • Overhead costs means the actual costs incurred or the estimated costs to be

  • Litigation Costs means all reasonable costs, charges, expenses, including attorneys', accountants' and expert witnesses' fees, and obligations paid or incurred in connection with investigating, defending (including affirmative defenses and counterclaims), obtaining or attempting to obtain a settlement, being a witness in, or participating in or preparing to defend, be a witness in, or participate in, any Proceeding and any appeal therefrom and the cost of appeal, attachment and similar bonds.

  • Reimbursable Costs means expenses incurred by the employee in the course of engaging in the planned learning activity and include registration, tuition and examination fees as well as textbooks/discs and applicable taxes. They may also include reasonable, incremental meal, accommodation and travel expenses.

  • Closing Costs means, collectively, all initial costs and fees that identified above and in Section 16 that Seller agrees to pay to Buyer as consideration for agreeing to enter into this Agreement.

  • Asset Taxes means all ad valorem, property, excise, severance, production or similar Taxes (including any interest, fine, penalty or addition to Tax imposed by a taxing authority in connection with such Taxes) based upon operation or ownership of the Assets or the production of Hydrocarbons therefrom but excluding, for the avoidance of doubt, (a) income, capital gains, franchise and similar Taxes and (b) Transfer Taxes.

  • Litigation Expenses means costs and expenses incurred in connection with commencing, prosecuting and settling the Action (which may include the costs and expenses of Plaintiffs directly related to their representation of the Settlement Class), for which Lead Counsel intends to apply to the Court for reimbursement from the Settlement Fund.

  • Funding Indemnity Letter means a funding indemnity letter, substantially in the form of Exhibit L.