Common use of Indemnification Methodologies of TRIP’s Shareholders up to the Adjustment - Indemnifications Date Clause in Contracts

Indemnification Methodologies of TRIP’s Shareholders up to the Adjustment - Indemnifications Date. The Parties agree that the obligations to indemnify of TRIP’s Shareholders, as provided for in Section 8.1 above, shall follow different mechanisms of payment and/or compensation, which will vary depending on the occurrence of the IPO (the “Completion of the IPO”) or the Deadline, whichever occurs first (the “Adjustment - Indemnifications Date”).

Appears in 2 contracts

Sources: Investment Agreement (Azul Sa), Investment Agreement (Azul Sa)

Indemnification Methodologies of TRIP’s Shareholders up to the Adjustment - Indemnifications Date. The Parties agree that the obligations to indemnify of TRIP’s Shareholders, as provided for in Section 8.1 above, shall follow different mechanisms of payment and/or compensation, which will vary depending on the occurrence of the IPO (the “Completion of the IPO”) or the Deadline, whichever occurs first (the “Adjustment - Adjustment—Indemnifications Date”).

Appears in 1 contract

Sources: Investment Agreement (Azul Sa)