Common use of BANKS' LIABILITIES FOR COSTS Clause in Contracts

BANKS' LIABILITIES FOR COSTS. If the Guarantor fails to perform any of its obligations under this Clause 21 each Bank shall, in its Proportion, indemnify each of the Agent and the Lead Arrangers against any loss incurred by any of them as a result of such failure.

Appears in 3 contracts

Samples: Confidentiality Agreement (Ace LTD), Confidentiality Agreement (Ace LTD), Ace LTD

AutoNDA by SimpleDocs

BANKS' LIABILITIES FOR COSTS. If the Guarantor fails to perform any of its obligations under this Clause 21 23, each Bank shall, in its Proportion, indemnify each of the Agent and the Lead Arrangers against any loss incurred by any of them as a result of such failure.. 62 66

Appears in 1 contract

Samples: Agreement (Prologis Trust)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.