Examples of Indemnity Payment in a sentence

All Losses that are Taxes will bear interest at a rate per annum, calculated and payable monthly, equal to the Prime Rate from and including the date the Indemnified Person paid such Taxes to but excluding the day of payment by the Indemnifier to the Indemnified Person of the Indemnity Payment in respect of such Taxes, with interest on overdue interest at the same rate.
Notwithstanding the foregoing, an Indemnifying Party may not delay making any indemnification payment required under the terms of this Agreement, or otherwise satisfying any indemnification obligation, pending the outcome of any Proceeding to collect or recover Insurance Proceeds, and an Indemnified Party need not attempt to collect any Insurance Proceeds prior to making a claim for indemnification or receiving any Indemnity Payment otherwise owed to it under this Agreement or any Ancillary Agreement.

More Definitions of Indemnity Payment

Indemnity Payment shall have the meaning set forth in Section 7.8(a).

Indemnity Payment has the meaning set forth in Section 3.5(a).

Indemnity Payment an amount that an Indemnifying Party is required to pay to an Indemnitee pursuant to Article IV.

Indemnity Payment means any amount of Indemnified Loss required to be paid pursuant to Sections 5.2 or 5.3 hereof; and

Indemnity Payment means any amount of Indemnifiable Losses required to be paid pursuant to this Agreement; and

Indemnity Payment. With respect to any Receivable in respect of which a payment is required to be made by the Issuer, the Depositor or the Receivables Seller under Section 2.3 of this Indenture, the Receivables Pooling Agreement or the Receivables Sale Agreement, and as of the Payment Date on which the “Indemnity Payment” must be made, the Receivable Balance of such Receivable as of such Payment Date.

Indemnity Payment means an amount that an Indemnifying Party is required to pay to an Indemnitee under this Agreement.