Indemnity Payments definition

Indemnity Payments shall have the meaning set forth in Section 9.6.
Indemnity Payments means an amount equal to the Base Rent, additional rent and other payments provided for in this Lease which would have become due and owing thereunder from time to time during the unexpired Lease Term after the effective date of the termination, but for such termination, less the Base Rent, additional rent and other payments, if any, actually collected by Landlord and allocable to the Premises. If Landlord elects to pursue Indemnity Payments in lieu of the amount recoverable in a lump sum by Landlord under clauses (b) and (c), above, Tenant shall, on demand, make Indemnity Payments monthly, and Landlord may xxx for all Indemnity Payments at any time after they accrue, either monthly, or at less frequent intervals. Tenant further agrees that Landlord may bring suit for Indemnity Payments at or after the end of the Lease Term as originally contemplated under this Lease, and Tenant agrees that, in such event, Landlord's cause of action to recover the Indemnity Payments shall be deemed to have accrued on the last day of the Lease Term as originally contemplated. In seeking any new tenant for the Premises, Landlord shall be entitled to grant any concessions it deems reasonably necessary. In no event shall Tenant be entitled to any excess of any rental obtained by reletting over and above the rental herein reserved. Tenant waives redemption or relief from forfeiture under any other present or future law, in the event Tenant is evicted or Landlord takes possession of the Premises by reason of any default of Tenant hereunder.
Indemnity Payments means an amount equal to the rent and other payments provided for in this Lease which would have become due and owing thereunder from time to time during the Unexpired Term plus the cost and expenses paid or incurred by LANDLORD from time to time in connection with:

Examples of Indemnity Payments in a sentence

  • If an Indemnitee receives a payment (an “Indemnity Payment”) required by this Agreement from an Indemnifying Party in respect of any Loss and subsequently receives Insurance Proceeds, the Indemnitee will pay to the Indemnifying Party an amount equal to the excess of the Indemnity Payments received over the amount of the Indemnity Payments that would have been due if the Insurance Proceeds recovery had been received, realized or recovered before the Indemnity Payments were made.

  • The calculation of any Indemnity Payments required by this Agreement shall be subject to Section 12.02 of the TMA.

  • The following benefits are excluded from the Maximum Limit of Indemnity: • Evacuation Benefit• Repatriation Benefit• Family Transportation and Accommodation Benefit• Return of Vehicle Benefit• Rental Expense Benefit• Hotel Convalescence Benefit Indemnity Payments Unless otherwise indicated, all benefits, including those benefits payable for Insured Spouse and/or Insured Dependent Children, will be paid to or at the direction of the Insured Person.

  • The calculation of any Indemnity Payments required by this Agreement shall be subject to Section 5.2(c) of the TMA.

  • Since that time, LAMPERS has continuously held aposition in the company.6 LAMPERS filed this Section 220 action seeking to inspect Countrywide’s corporate books and records based upon a statistical correlation between certain stock option grants and the subsequent positive short- term performance of Countrywide’s stock price.


More Definitions of Indemnity Payments

Indemnity Payments is defined in Section 13.5(d).
Indemnity Payments shall have the meaning set forth in Section 3 below.
Indemnity Payments means those certain payments agreed to be made by the Borrower to the Issuer pursuant to Sections 5.03 and 5.05.
Indemnity Payments as used in this Lease shall mean all the rent, additional rent and other payments reserved under this Lease which would have become due and owing thereunder from time to time during the unexpired term, less, to the extent not previously deducted or credited, the rent, additional rent and other payments actually collected and allocable to the Premises or to the portions thereof relet by Landlord, and plus, to the extent not previously charged, the reasonable costs and expenses, including but not limited to reasonable attorneys' and brokers' fees and expenses, paid or incurred by Landlord in connection with: Obtaining possession of the Premises. Removal and storage of Tenant's property. Reletting the whole or any part of the Premises (which reletting may be for a period or periods of time less than the unexpired term hereof or extending beyond the term hereof.). Such costs and expenses shall be deemed prima facie to be the amounts therefor invoiced to Landlord or actually expended or incurred therefor by Landlord. Notwithstanding any provision in this Lease to the contrary, in the event Tenant defaults in the performance of any of its obligations in this Lease, Landlord agrees to use commercially reasonable efforts to mitigate its damages, including, without limitation, reletting the Premises as soon as possible. Tenant shall, without prior demand or notice, make indemnity payments monthly in arrears with respect to such portion thereof as includes rent (as distinguished from additional rent and other payments) and upon the respective dates provided therefor in the Lease with respect to additional rent and other payments. Landlord may xxx for all such indemnity payments as they accrue without waiting until the date fixed in the Lease as the expiration date thereof. After entry into possession without termination of the Lease, Landlord, if and to the extent required by law, may relet the Premises or any part thereof for the account of Tenant to any person, firm or corporation other than Tenant for such rent, for such time and upon such terms as Landlord, in Landlord's sole discretion, shall determine. Landlord shall not be required to accept any tenant offered by Tenant or to observe any instructions given by Tenant about such reletting. In any such case, Landlord may make repairs, alterations and additions in or to the Premises and redecorate the same to the extent deemed necessary or desirable by Landlord. Tenant shall, upon demand, pay the cost thereof, to...
Indemnity Payments means all the rent, additional rent, and other payments required herein which would have become due and owing hereunder from time to time during the unexpired term less, to the extent not previously deducted or credited, the rent, additional rent and other payments actually collected and allocable to the Premises or to the portions hereof re-let by the Landlord and less, to the extent not previously deducted or credited, the cost of expenses, including but not limited to reasonable attorney’s fees and broker’s fees and expenses, paid or incurred by Landlord in connection with:
Indemnity Payments has the meaning set forth in Section 6.01(i).
Indemnity Payments means any payment received by the Borrower pursuant to the Indemnification Agreement.