Indemnified Persons definition

Indemnified Persons has the meaning assigned to such term in Section 7.12(c).
Indemnified Persons. The Trustee, the Master Servicer, the Depositor, the Custodian and the Securities Administrator and their officers, directors, agents and employees and, with respect to the Trustee, any separate co-trustee and its officers, directors, agents and employees.
Indemnified Persons shall have the meaning set forth in Section 5.05(a).

Examples of Indemnified Persons in a sentence

  • After approval by such Indemnified Person(s) of your election to assume the defense thereof, you will not be liable to such Indemnified Person(s) under this Section 14 for any legal or other expense subsequently incurred by such Indemnified Person(s) in connection with the defense thereof other than reasonable costs of investigation or in the case of an actual or potential conflict of interest between you and any Indemnified Person(s), identified in writing by counsel to the Indemnified Person(s).

  • Further, the omission to promptly notify you will not relieve you from any liability that you may have to any Indemnified Person(s) otherwise than under this Section 14.

  • In any such action brought against any Indemnified Person(s), you will be entitled to participate in and, to the extent that you may wish, to assume the defense thereof, subject to the provisions herein stated and only with counsel reasonably satisfactory to and the prior written approval by such Indemnified Person(s).

  • You shall keep the Indemnified Person(s) informed of the status of the defense of such claims, and you will not agree to any settlement without consent of the Indemnified Person(s), which consent will not be unreasonably withheld.

  • Except with your prior written consent, the Indemnified Person(s), you may not confess any claim or make any compromise in any case in which you may be required to provide indemnification.


More Definitions of Indemnified Persons

Indemnified Persons shall have the meaning set forth in Section 9.2(b) hereof.
Indemnified Persons has the meaning specified in Section 8.7(1).
Indemnified Persons has the meaning set forth in Section 6.8(a).
Indemnified Persons means the Purchaser and its affiliates and directors, officers, partners, employees, agents, representatives and control persons entitled to indemnification by the Fund under Section 7.3.
Indemnified Persons is defined in Section 6.5(a) of the Agreement.
Indemnified Persons is defined in Section 7.12(c).
Indemnified Persons as defined in Section 10.2.