Common use of BANKS' LIABILITIES FOR COSTS Clause in Contracts

BANKS' LIABILITIES FOR COSTS. If the Borrower fails to perform any of its obligations under this Clause 18, the Bank shall indemnify each of the Agent and the Arranger against any loss incurred by any of them as a result of such failure. Clause XVIII

Appears in 2 contracts

Samples: Loan Agreement, Loan Agreement

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BANKS' LIABILITIES FOR COSTS. If the Borrower fails to perform any of its obligations under this Clause 1821, the each Bank shall shall, in its Proportion, indemnify each of the Facility Agent and the Arranger Original Mandated Lead Arrangers against any loss incurred by any of them as a result of such failure. Clause XVIII.

Appears in 1 contract

Samples: Facility Agreement (Micron Technology Inc)

BANKS' LIABILITIES FOR COSTS. If the Original Borrower fails to perform any of its obligations under this Clause 1826, the each Bank shall shall, in its Proportion, indemnify each of the Agent and the Arranger Mandated Lead Arrangers against any loss incurred by any of them as a result of such failure. Clause XVIII.

Appears in 1 contract

Samples: Cemex Sa De Cv

BANKS' LIABILITIES FOR COSTS. If the Borrower fails Borrowers fail to perform any of its their obligations under this Clause 1827, the each Bank shall shall, in its Proportion, indemnify each of the Agent and the Arranger against any loss incurred by any of them the Agent as a result of such failure. Clause XVIII.

Appears in 1 contract

Samples: Credit Agreement (NTL Europe Inc)

BANKS' LIABILITIES FOR COSTS. If the Original Borrower fails to perform any of its obligations under this Clause 1830, the each Bank shall shall, in its Proportion, indemnify each of the Facility Agent and the Arranger against any loss incurred by any of them as a result of such failure. Clause XVIII.

Appears in 1 contract

Samples: Agreement (Jazztel PLC)

BANKS' LIABILITIES FOR COSTS. If the Borrower fails to perform any of its obligations under this Clause 1822, the each Bank shall shall, in its Proportion, indemnify each of the Facility Agent and the Arranger against any loss incurred by any of them as a result of such failure. Clause XVIII.

Appears in 1 contract

Samples: Credit Agreement (United Pan Europe Communications Nv)

BANKS' LIABILITIES FOR COSTS. If the any Borrower fails to perform any of its obligations under this Clause 1819, the each Bank shall shall, in its Proportion, indemnify each of the Agent and the Arranger against any loss incurred by any of them as a result of such failure. Clause XVIII.

Appears in 1 contract

Samples: Imc Global Inc

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BANKS' LIABILITIES FOR COSTS. If the Borrower fails Borrowers fail to perform any of its their obligations under this Clause 1826, the each Bank shall shall, in its Proportion, indemnify each of the Agent and the Arranger against any loss incurred by any of them the Agent as a result of such failure. Clause XVIII.

Appears in 1 contract

Samples: Agreement (NTL Inc/De/)

BANKS' LIABILITIES FOR COSTS. If the Borrower fails to perform any of its obligations under this Clause 1824 (Costs and Expenses), the each Bank shall shall, in its Proportion, indemnify each of the Agent and the Arranger Arrangers against any loss incurred by any of them as a result of such failurefailure and the Borrower shall forthwith reimburse each Bank for any payment made by it pursuant to this Clause 24.4. Clause XVIIIPart 11 AGENCY PROVISIONS

Appears in 1 contract

Samples: Agreement (Teekay Shipping Corp)

BANKS' LIABILITIES FOR COSTS. If any of the Borrower fails Borrowers fail to perform any of its obligations under this Clause 1826, the each Bank shall shall, in its Proportion, indemnify each of the Agent and the Arranger Arrangers against any loss incurred by any of them as a result of such failure. Clause XVIII.

Appears in 1 contract

Samples: NTL Inc

BANKS' LIABILITIES FOR COSTS. If the Borrower fails to perform any of its obligations under this Clause 1822 (Costs and Expenses), the each Bank shall shall, in its Proportion, indemnify each of the Agent and the Arranger Arrangers against any loss incurred by any of them as a result of such failurefailure and the Borrower shall forthwith reimburse each Bank for any payment made by it pursuant to this Clause 22.4. Clause XVIIIPart 10 AGENCY PROVISIONS

Appears in 1 contract

Samples: Teekay Shipping Corp

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